OLA II INC (EIN 341760422) - 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

DONNALD HECKELMOSER

Phone

2169413330

Tax Period

2024-07-01 to 2025-06-30

OLA II INC, founded in 1993, is a micro nonprofit in the Housing & Shelter sector that reported $78K in total revenue in fiscal year 2024.

Mission

TO PROVIDE HOUSING FOR LOW INCOME ELDERLY PERSONS.

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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 $0

Investment Income $77,544

Other Revenue $0

TOTAL REVENUE $77,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$77,544	$77,544	N/A
Expenses	N/A	$750	-1.0%
Net Income	N/A	$76,794	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE E DONELON	TRUSTEE	0.50	Director	$0	$0	$0
NANCY RICHARDS	TRUSTEE	0.50	Director	$0	$0	$0
LEE NAGEOTTE	TRUSTEE	0.50	Director	$0	$0	$0
KAREN LISOWSKI	TRUSTEE	0.50	Director	$0	$0	$0
JAMES FOOS	TRUSTEE	0.50	Director	$0	$0	$0
KEVIN LEHANE	TRUSTEE	0.50	Director	$0	$0	$0
CATHY SABOLIK	SECRETARY	0.50	Officer Director	$0	$0	$0
DONALD MACBRIDE	PRESIDENT	0.50	Officer Director	$0	$0	$0
TIM NAUMAN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
STEVE LORENZ	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	$77,544	No data	$1,436,176	No data
2024	$77,544	$750	$1,607,867	$76,794
2023	$84,693	$2,263	$1,281,838	$82,430
2022	$75,562	$2,193	$1,199,514	$73,369
2021	$2,785,960	$160,763	$1,151,341	$2,625,197
2020	$353,987	$377,779	$1,102,181	$-23,792
2019	$349,548	$371,937	$1,122,801	$-22,389

OLA II INC