Ozanam Family Shelter Corp

EIN: 351771442 501(c)(3) Human Services

Evansville, IN

Total Revenue
$733,524
Total Expenses
$736,915
Total Assets
$788,783
Net Assets
$775,822
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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
1989
Legal Domicile
IN
Principal Officer
Larry Cornett
Phone
8124222214
Tax Period
2024-07-01 to 2025-06-30

Ozanam Family Shelter Corp, founded in 1989, is a small nonprofit in the Human Services sector that reported $734K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

Temporary Family Shelter

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $574,121
Program Service Revenue $0
Investment Income $3,779
Other Revenue $155,624
TOTAL REVENUE $733,524

Expense Breakdown

Grants Paid $0
Salaries & Benefits $360,574
Fundraising Expenses $31,827
Program Expenses $625,648
Other Expenses $376,341
TOTAL EXPENSES $736,915

Year-over-Year Comparison

2024 2023 Change
Revenue $733,524 $549,440 +0.3%
Expenses $736,915 $537,558 +0.4%
Net Income $-3,391 $11,882 -1.3%
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

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Governance

Voting Members
16
Independent Members
16
Employees
13
Volunteers
60

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
5
$63,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrea Mann President 0.00
Officer
$0 $0 $0
Jenny Howard Vice-President 0.00
Officer
$0 $0 $0
Wendy Goebel Secretary 0.00
Officer
$0 $0 $0
Brad Hayden Treasurer 0.00
Officer
$0 $0 $0
Larry Cornett Executive Director 40.00
Officer
$63,000 $0 $63,000
Jay Adams Board Member 0.00
Director
$0 $0 $0
Jean Alvey Lifetime Board Member 0.00
Director
$0 $0 $0
Randy Bauer Lifetime Board Member 0.00
Director
$0 $0 $0
Cheyenne Druelinger Board Member 0.00
Director
$0 $0 $0
Lynell Durchholz Board Member 0.00
Director
$0 $0 $0
Ann East Board Member 0.00
Director
$0 $0 $0
Allen R Hair Board Member 0.00
Director
$0 $0 $0
Madison Harness Board Member 0.00
Director
$0 $0 $0
Charlene Kaufman Board Member 0.00
Director
$0 $0 $0
Tim Marx Board Member 0.00
Director
$0 $0 $0
Danette Romines Board Member 0.00
Director
$0 $0 $0
Sr Mary Ann Woodward Board Member 0.00
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 $733,524 $736,915 $788,783 $-3,391
2024 $549,440 $537,558 $786,788 $11,882
2023 $633,656 $469,609 $773,917 $164,047
2022 $503,307 $423,145 $603,284 $80,162
2021 $446,503 $379,386 $523,122 $67,117
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