GREAT OAKS FOUNDATION INC (EIN 275281234) - 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

2011

Legal Domicile

Principal Officer

MICHAEL DUFFY

Phone

2122335152

Tax Period

2022-07-01 to 2023-06-30

GREAT OAKS FOUNDATION INC, founded in 2011, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year.

Mission

THE GREAT OAKS FOUNDATION ENVISIONS AN AMERICA WHERE EVERY CHILD HAS THE SUPPORT OF A TUTOR TO ENABLE THEM TO REALIZE THEIR FULL HUMAN POTENTIAL.

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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 $5,744,092

Program Service Revenue $2,517,475

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,261,567

Expense Breakdown

Grants Paid $208,438

Salaries & Benefits $6,159,717

Fundraising Expenses $424,378

Program Expenses $7,490,123

Other Expenses $2,381,123

TOTAL EXPENSES $8,749,278

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,261,567	$10,108,472	-0.2%
Expenses	$8,749,278	$10,252,493	-0.1%
Net Income	$-487,711	$-144,021	+2.4%

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

$949,211

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM WEINSTEIN	CHAIR	5.00	Officer Director	$0	$0	$0
SUSAN MUSTOKOFF AKSELRAD	SECRETARY	5.00	Officer Director	$0	$0	$0
MICHAEL BROWN	TREASURER	5.00	Officer Director	$0	$0	$0
CHARLOTTE ADJCHAVANICH	DIRECTOR	1.00	Director	$0	$0	$0
GERALD ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
DERRICK DIGGS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DREWES	DIRECTOR (THRU MAR 2023)	1.00	Director	$0	$0	$0
ODD EIKEN	DIRECTOR (THRU MAR 2023)	1.00	Director	$0	$0	$0
LILIANA POLO-MCKENNA	DIRECTOR	1.00	Director	$0	$0	$0
PEGGY SHAUGHNESSY	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN STROUD	DIRECTOR	1.00	Director	$0	$0	$0
ELIE BILMES	CHIEF PROGRAM OFFICER	40.00	Officer	$145,080	$23,157	$168,237
BENJAMIN CHAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$143,509	$30,125	$173,634
MICHAEL DUFFY	PRESIDENT	40.00	Officer	$245,705	$27,089	$272,794
LAUREN PERKINS CHIEF OP-	ERATING OFFICER (THRU FEB 2023)	40.00	Officer	$138,846	$2,970	$141,816
JOSHUA THOMASES	EXEC. VICE PRESIDENT (THRU OCT 2022)	40.00	Officer	$167,963	$24,767	$192,730
HECTOR CALDERON	CHIEF EQUITY OFFICER	40.00	Highest	$132,721	$43,660	$176,381
VANESSA CEAS	VICE PRESIDENT	40.00	Highest	$161,552	$21,670	$183,222
JENNIFER PERKINS	DIRECTOR OF PARTNERSHIPS	40.00	Highest	$109,393	$47,008	$156,401
CHRISTINA VENABLE DIRECTOR OF	PHILANTHROPY & SPECIAL INITIATIVES	40.00	Highest	$114,651	$18,081	$132,732
AMIRPASHA ZANDIEH DIRECTOR OF	PROGRAM IMPROVEMENT & RESEARCH	40.00	Highest	$110,597	$14,051	$124,648

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	$8,261,567	$8,749,278	$3,509,020	$-487,711
2022	$10,108,472	$10,252,493	$2,578,218	$-144,021
2021	$9,169,233	$8,434,319	$2,451,527	$734,914
2020	$9,230,122	$9,171,148	$2,073,779	$58,974
2019	$8,698,452	$8,651,464	$1,934,619	$46,988
2018	$8,012,674	$7,878,144	$1,321,660	$134,530

GREAT OAKS FOUNDATION INC