THE OAK CLINIC (EIN 341930683) - 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

2001

Legal Domicile

Principal Officer

PATRICIA L JONES

Phone

3308969625

Tax Period

2023-01-01 to 2023-12-31

THE OAK CLINIC, founded in 2001, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $57.1M in total revenue in fiscal year 2023. Expenses of $53.5M left a modest 6% surplus.

Mission

THE ORGANIZATION PROVIDES COMPREHENSIVE MEDICAL SERVICES FOR MULTIPLE SCLEROSIS PATIENTS, PROMOTES RESEARCH FOR TREATMENTS AND CURES FOR MULTIPLE SCLEROSIS, AND EDUCATES INDIVIDUALS WITH MULTIPLE SCLEROSIS AND THE PUBLIC ABOUT MULTIPLE SCLEROSIS.

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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 $309,190

Program Service Revenue $56,245,016

Investment Income $518,976

Other Revenue $0

TOTAL REVENUE $57,073,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,673,572

Fundraising Expenses $0

Program Expenses $52,950,005

Other Expenses $48,807,258

TOTAL EXPENSES $53,480,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,073,182	$56,705,896	+0.0%
Expenses	$53,480,830	$55,688,796	0.0%
Net Income	$3,592,352	$1,017,100	+2.5%

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

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

$470,940

Total Directors

Key Employees

$470,939

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES OELSCHLAGER	PRESIDENT	1.00	Officer Director	$0	$0	$0
VANITA OELSCHLAGER	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT BRIGGS	TRUSTEE	1.00	Director	$0	$0	$0
SHEILA TARR	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY CARRABINE	CLINIC DIRECTOR	40.00	Officer	$421,440	$49,500	$470,940
CHRISTOPHER SHEPPARD MD	MEDICAL DIRECTOR	40.00	Key Emp	$421,439	$49,500	$470,939
PATRICIA JONES	OFFICE MANAGER, REGISTERED NURSE	40.00	Highest	$250,000	$37,450	$287,450
LAUREN JUNK	CERTIFIED NURSE PRACTITIONER	40.00	Highest	$151,600	$22,740	$174,340

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
2023	$57,073,182	$53,480,830	$32,260,889	$3,592,352
2022	$56,705,896	$55,688,796	$20,375,738	$1,017,100
2021	$55,899,604	$54,767,580	$24,583,868	$1,132,024
2020	$55,025,984	$51,719,562	$20,507,733	$3,306,422
2019	$44,252,245	$43,471,391	$16,880,151	$780,854
2018	$35,220,234	$33,951,087	$13,156,155	$1,269,147

THE OAK CLINIC