OLF SENIOR HOUSING II

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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

Principal Officer

William J McCarthy Jr

Phone

6676003216

Tax Period

2022-07-01 to 2023-06-30

OLF SENIOR HOUSING II, founded in 2009, is a small nonprofit that reported $494K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $671K exceeded revenue, resulting in a 36% operating deficit.

Mission

The organization is affiliated with Associated Catholic Charities, Inc. (ACC) whose mission is "Inspired by the Gospel mandates to love, serve and teach, Catholic Charities provides care and services to improve the lives of Marylanders in need."

Program Service Accomplishments

Program 1

Expenses: $624,201 Revenue: $493,790

To provide affordable, supportive communities for older adults with a resolve to nurture a spirit of purpose, wellness, and harmony among both our residents and colleagues.

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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 (2022)

Revenue Breakdown

Contributions & Grants $294,778

Program Service Revenue $198,213

Investment Income $799

Other Revenue $0

TOTAL REVENUE $493,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,221

Fundraising Expenses $0

Program Expenses $624,201

Other Expenses $460,105

TOTAL EXPENSES $671,326

Year-over-Year Comparison

	2022	2021	Change
Revenue	$493,790	$446,008	+0.1%
Expenses	$671,326	$644,582	+0.0%
Net Income	$-177,536	$-198,574	-0.1%

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

N/A

Volunteers

N/A

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

$731,531

Total Directors

$510,904

Key Employees

$343,120

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William J McCarthy Jr	Secretary	1	Officer Director	$0	$69,648	$510,904
Sarah I Beckwith	Treasurer (Started Febuary 7, 2022)	1	Officer	$0	$37,697	$220,627
Mary Choplick	Director Senior Communities	1	Key Emp	$0	$40,668	$187,155
Ashley Valis	Chief Operating Officer	1	Key Emp	$0	$4,200	$155,965
Archbishop William E Lori	Chairman	1	Director	$0	$0	$0
Daniel Rizzo	Director	1	Director	$0	$0	$0
Theresa D Becks	President	1	Director	$0	$0	$0
J Scott Wilfong	Director	1	Director	$0	$0	$0
John Stanton	Director	1	Director	$0	$0	$0
Marianne Schmitt Hellauer	Director	1	Director	$0	$0	$0
Most Rev Adam Parker	Director	1	Director	$0	$0	$0
Pamela W Gray	Director	1	Director	$0	$0	$0
Tamla A Olivier	Director	1	Director	$0	$0	$0
Natalie McSherry	Director	1	Director	$0	$0	$0
Michael Bison	Director	1	Director	$0	$0	$0
Marc Wyatt	Director	1	Director	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$493,790	$671,326	$4,845,066	$-177,536
2022	$446,008	$644,582	$4,960,298	$-198,574
2021	$404,417	$626,531	$5,098,459	$-222,114
2020	$411,776	$551,059	$5,360,725	$-139,283
2019	$401,618	$573,663	$5,493,890	$-172,045
2018	$389,301	$516,408	$5,918,500	$-127,107