THE OAKS FOUNDATION INC (EIN 341724387) - 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

1993

Legal Domicile

Principal Officer

DAVID MANNION

Phone

3309386126

Tax Period

2023-07-01 to 2024-06-30

THE OAKS FOUNDATION INC, founded in 1993, is a small nonprofit that reported $941K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $867K left a modest 8% surplus.

Mission

FUNDS DISTRIBUTED TO NOT FOR PROFIT ORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE & MEDICAL SERVICES FOR A RETIREMENT 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $733,468

Program Service Revenue $0

Investment Income $206,856

Other Revenue $693

TOTAL REVENUE $941,017

Expense Breakdown

Grants Paid $774,729

Salaries & Benefits $0

Fundraising Expenses $92,290

Program Expenses $774,729

Other Expenses $92,290

TOTAL EXPENSES $867,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$941,017	$674,126	+0.4%
Expenses	$867,019	$1,093,003	-0.2%
Net Income	$73,998	$-418,877	-1.2%

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

$22,298

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA GENTILE	CHIEF DEVELOPMENT OFFICER	20.00	Highest	$0	$9,984	$121,520
DAVID DAVE MANNION	PRESIDENT	4.00	Officer	$0	$2,168	$22,298
ASHLEY SHEFFIELD	DIRECTOR	0.50	Director	$0	$0	$0
GREG NEW	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW ESTOCK	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
RUSSEL KIKO	SECRETARY	0.50	Officer Director	$0	$0	$0
LYNNE BIERY	TREASURER	0.50	Officer 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	$941,017	$867,019	$7,118,897	$73,998
2023	$674,126	$1,093,003	$6,425,751	$-418,877
2022	$728,406	$576,216	$6,499,256	$152,190
2021	$983,979	$1,198,637	$7,010,140	$-214,658
2020	$5,406,364	$4,348,323	$6,399,601	$1,058,041
2019	$4,806,928	$2,324,386	$5,900,293	$2,482,542
2018	$827,475	$860,728	$3,390,078	$-33,253

THE OAKS FOUNDATION INC