OASIS THERAPEUTIC LIFE CENTERS INC (EIN 261176618) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

MAI CLEARY

Phone

7322911590

Tax Period

2024-01-01 to 2024-12-31

OASIS THERAPEUTIC LIFE CENTERS INC, founded in 2007, is a small nonprofit in the Education sector that reported $987K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 40% operating deficit.

Mission

SEE MISSION STATEMENT ON PAGE 2 OF 990

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $195,409

Program Service Revenue $662,592

Investment Income $54,057

Other Revenue $74,776

TOTAL REVENUE $986,834

Expense Breakdown

Grants Paid $0

Salaries & Benefits $953,046

Fundraising Expenses $0

Program Expenses $1,187,513

Other Expenses $432,182

TOTAL EXPENSES $1,385,228

Year-over-Year Comparison

	2024	2023	Change
Revenue	$986,834	$1,050,555	-0.1%
Expenses	$1,385,228	$1,386,048	0.0%
Net Income	$-398,394	$-335,493	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN MAI CLEARY	PRESIDENT	20.00	Director	$0	$0	$0
ELIZABETH SMITH	VICE PRESIDENT	20.00	Director	$0	$0	$0
BARBARA D'AUGUSTA	SECRETARY	20.00	Director	$0	$0	$0
DANIEL LENNON	TREASURER	5.00	Director	$0	$0	$0
CINDY MARONE	BOARD MEMBER	20.00	Director	$0	$0	$0
NANCY MOORZITZ	BOARD MEMBER	20.00	Director	$0	$0	$0
MARY KEEFE	DIRECTOR OF CURRICULUM & TRAINING	35.00	Highest	$143,254	$0	$143,254
SUN MI KIM	DIRECTOR OF PERSON-CENTERED PLANNING	N/A	Highest	$131,914	$0	$131,914

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$986,834	$1,385,228	$4,598,058	$-398,394
2023	$1,050,555	$1,386,048	$5,009,298	$-335,493
2022	$2,510,823	$1,180,095	$5,318,781	$1,330,728
2021	$1,587,426	$1,028,289	$5,099,167	$559,137
2020	$1,388,213	$835,792	$4,792,232	$552,421
2019	$1,071,760	$936,313	$4,243,179	$135,447
2018	$1,202,979	$879,942	$4,416,652	$323,037

OASIS THERAPEUTIC LIFE CENTERS INC