NEW OAKS COMMUNITY INC

EIN: 272834260 501(c)(3) Human Services

HAMILTON, OH

Total Revenue
$73,430
Total Expenses
$137,522
Total Assets
$915,444
Net Assets
$915,444
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OH
Principal Officer
TIMOTHY MACDONALD
Phone
5136589611
Tax Period
2022-01-01 to 2022-12-31

NEW OAKS COMMUNITY INC, founded in 2011, is a micro nonprofit in the Human Services sector that reported $73K in total revenue in fiscal year 2022. Revenue decreased 17% compared to the prior year. Expenses of $138K exceeded revenue, resulting in a 87% operating deficit.

Mission

NEW OAKS COMMUNITY, INC. (THE ORGANIZATION) SEEKS TO DEVELOP PROPERTIES WHERE FAMILIES CAN LIVE IN COMMUNITY AND UNITE IN HEART FOR THE COMMON PURPOSE OF LOVING CHILDREN THROUGH FOSTER CARE AND ADOPTION. OUR DESIRE IS THAT ABANDONED OR NEGLECTED CHILDREN WILL FIND A HOME WHERE THEY CAN EXPERIENCE THE TRUE LOVE OF GOD, TO UNDERSTAND THEY WERE BORN WITH GREAT PURPOSE, AND TO BE SET FREE TO LIVE OUT THEIR DESTINY. BY PLANTING SEEDS OF UNCONDITIONAL LOVE IN THEIR HEART, THE ORPHANS OF OUR TIMES CAN BECOME "NEW OAKS" - FIRMLY ROOTED IN FAMILY AND A CONTRIBUTING PART OF 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $57,230
Program Service Revenue $16,200
Investment Income $0
Other Revenue $0
TOTAL REVENUE $73,430

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $137,522
Other Expenses $137,522
TOTAL EXPENSES $137,522

Year-over-Year Comparison

2022 2021 Change
Revenue $73,430 $88,742 -0.2%
Expenses $137,522 $131,276 +0.0%
Net Income $-64,092 $-42,534 +0.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF CASTATOR TREASURER N/A
Director
$0 $0 $0
MICHAEL DINGELDEIN DIRECTOR N/A
Director
$0 $0 $0
STEVEN GEBHART DIRECTOR N/A
Director
$0 $0 $0
DARYL GUNNARSON DIRECTOR N/A
Director
$0 $0 $0
JUSTIN HIGHAM DIRECTOR N/A
Director
$0 $0 $0
DAVID LIPPERT DIRECTOR N/A
Director
$0 $0 $0
TIMOTHY MACDONALD PRESIDENT N/A
Director
$0 $0 $0
CHRISTOPHER NYHUIS DIRECTOR N/A
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
2022 $73,430 $137,522 $915,444 $-64,092
2021 $88,742 $155,208 $971,543 $-66,466
2020 $284,144 $80,632 $1,014,078 $203,512
2019 $167,311 $74,875 $810,565 $92,436
2018 $125,826 $56,183 $718,406 $69,643
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