OPTIONS PROPERTIES INC (EIN 311712796) - 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

1999

Legal Domicile

Principal Officer

SHANNON LEARY

Phone

5084855051

Tax Period

2024-07-01 to 2025-06-30

OPTIONS PROPERTIES INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $137K in total revenue in fiscal year 2024. Expenses of $174K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE ELDERLY, DISABLED AND/OR HANDICAPPED PERSONS OF LOW-INCOME WITH HOUSING, ACTIVITIES, AND SERVICES.

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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 $0

Program Service Revenue $136,548

Investment Income $16

Other Revenue $0

TOTAL REVENUE $136,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,910

Fundraising Expenses $0

Program Expenses $174,073

Other Expenses $122,163

TOTAL EXPENSES $174,073

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,564	$137,025	0.0%
Expenses	$174,073	$150,211	+0.2%
Net Income	$-37,509	$-13,186	+1.8%

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

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

$175,568

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI FAVATA	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY RAPA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHERRILL CLINE	CLERK	1.00	Officer Director	$0	$0	$0
SHANNON LEARY	EXECUTIVE DIRECTOR	1.00	Officer	$169,668	$5,900	$175,568

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	$136,564	$174,073	$556,181	$-37,509
2024	$137,025	$150,211	$600,137	$-13,186
2023	$105,122	$157,782	$599,655	$-52,660
2022	$106,998	$151,986	$646,836	$-44,988
2021	$101,112	$142,434	$689,454	$-41,322
2020	$110,930	$131,126	$731,707	$-20,196
2019	$102,757	$128,008	$750,146	$-25,251
2018	$81,255	$123,198	$781,223	$-41,943

OPTIONS PROPERTIES INC