OPPORTUNITY HOMES INC (EIN 341100602) - 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

1977

Legal Domicile

Principal Officer

JENNA VAN FOSSAN

Phone

3304241411

Tax Period

2024-01-01 to 2024-12-31

OPPORTUNITY HOMES INC, founded in 1977, is a community nonprofit in the Human Services sector that reported $4.7M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 13% surplus.

Mission

TO CREATE A HOME WHEREBY COLUMBIANA COUNTY RESIDENTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITES ARE AFFORDED OPPORTUNITIES TO LIVE AND WORK IN THEIR COMMUNITIES.

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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 $4,637,368

Investment Income $25,241

Other Revenue $-1,071

TOTAL REVENUE $4,661,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,048,444

Fundraising Expenses $0

Program Expenses $3,868,589

Other Expenses $983,995

TOTAL EXPENSES $4,032,439

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,661,538	$3,949,646	+0.2%
Expenses	$4,032,439	$3,865,799	+0.0%
Net Income	$629,099	$83,847	+6.5%

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

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

155

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

$109,797

Total Directors

$3,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TK HISCOX	PRESIDENT	1.00	Officer Director	$600	$0	$600
CAROL MCGAFFICK	BOARD OF DIRECTORS	0.50	Director	$600	$0	$600
DAWN CHEPKE	BOARD OF DIRECTORS	0.50	Director	$600	$0	$600
KYLE WEINSTOCK	SECRETARY	2.00	Officer Director	$800	$0	$800
RICH FITHIAN	BOARD OF DIRECTORS	0.50	Director	$600	$0	$600
JENNA VAN FOSSAN	ADMINISTRATOR OFFICER	40.00	Officer	$108,397	$0	$108,397

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	No data	No data	No data	No data
2024	$4,661,538	$4,032,439	$2,683,402	$629,099
2023	$3,949,646	$3,865,799	$2,070,833	$83,847
2022	$3,758,065	$3,527,933	$1,951,786	$230,132
2021	$3,607,813	$3,218,539	$1,695,757	$389,274
2020	$3,592,523	$3,112,383	$1,663,251	$480,140
2019	$2,921,600	$2,835,659	$894,375	$85,941
2018	$2,785,231	$2,731,539	$890,266	$53,692
2018	$2,785,231	$2,731,539	$890,266	$53,692

OPPORTUNITY HOMES INC