The Oaks Community Center (EIN 261529969) - 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

2009

Legal Domicile

Phone

3179313043

Tax Period

2023-08-01 to 2024-07-31

The Oaks Community Center, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Net assets of $6.3M represent 42 months of operating reserves.

Mission

THE OAKS COMMUNITY CENTER PROVIDES ACCESS FOR MEETINGS AND ACTIVITES THAT SUPPORT TENANT PROGRAMS, OFFER NEIGHBORHOOD SERVICES, AND FOSTER RELATIONSHIPS IN THE COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,818,307

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,818,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,713

Fundraising Expenses $0

Program Expenses $1,681,087

Other Expenses $1,425,951

TOTAL EXPENSES $1,790,664

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,818,307	$2,243,302	-0.2%
Expenses	$1,790,664	$1,806,639	0.0%
Net Income	$27,643	$436,663	-0.9%

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

$395,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE MEYER	Board Member	2.0	Director	$0	$0	$0
SHANNON WILLIAMS	Board Member	2.0	Director	$0	$0	$0
ANDREW HART	Chairman of the Board	2.0	Officer	$0	$22,992	$255,077
DEREK JOHNSON	CFO (end 6/30/24)	2.0	Officer	$0	$24,058	$140,000
Tim Dooley	CFO (start 5/29/24)	2.0	Officer	$0	$0	$0

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	$1,818,307	$1,790,664	$7,283,916	$27,643
2023	$2,243,302	$1,806,639	$6,764,699	$436,663
2022	$2,306,341	$1,709,375	$6,383,808	$596,966
2021	$1,089,054	$1,631,446	$6,127,110	$-542,392
2020	$4,210,818	$1,149,625	$5,898,414	$3,061,193
2019	$853,365	$930,335	$2,791,427	$-76,970
2018	$731,149	$862,618	$2,858,656	$-131,469

The Oaks Community Center