RESIDENTIAL OPTIONS INC

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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

Phone

6184650044

Tax Period

2024-07-01 to 2025-06-30

RESIDENTIAL OPTIONS INC, founded in 1989, is a mid-sized nonprofit in the Housing & Shelter sector that reported $15.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $13.0M left a modest 13% surplus.

Mission

PROVIDING RESIDENTIAL HOUSING TO THE DEVELOPMENTALLY DISABLED AND HANDICAPPED.

Program Service Accomplishments

Program 1

Expenses: $10,574,837

THE ORGANIZATION PROVIDES SERVICES IN TWO PROGRAMS, COMMUNITY INTEGRATED LIVING ARRANGEMENT (CILA) AND INTERMEDIATE CARE FACILITY FOR THE DEVELOPMENTALLY DISABLED (ICFDD). RESIDENTS IN BOTH PROGRAMS ARE PROVIDED WITH SUPPORT, WHICH ASSISTS THEM TO LIVE, WORK, AND PARTICIPATE IN THE COMMUNITY. CERTAIN CILA RESIDENTS PARTICIPATE IN THE MEDICAL REHABILITATION OPTION, WHICH PROVIDES FOR FUNDING OF SPECIFIC REHABILITATION SERVICES.

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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 $715,320

Program Service Revenue $13,825,456

Investment Income $426,177

Other Revenue $27,658

TOTAL REVENUE $14,994,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,990,784

Fundraising Expenses $0

Program Expenses $10,574,837

Other Expenses $4,033,198

TOTAL EXPENSES $13,023,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,994,611	$13,748,786	+0.1%
Expenses	$13,023,982	$12,114,352	+0.1%
Net Income	$1,970,629	$1,634,434	+0.2%

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

256

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

$559,918

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE GIBSON	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JIM CONCANNON	DIRECTOR	1.00	Director	$0	$0	$0
CATHY COOKE	DIRECTOR	1.00	Director	$0	$0	$0
TOM MORRISSEY	DIRECTOR	1.00	Director	$0	$0	$0
YANCHO GERDJIKOV	DIRECTOR	1.00	Director	$0	$0	$0
ERICA ORRISON	DIRECTOR	1.00	Director	$0	$0	$0
JONI LOMBARDO	DIRECTOR	1.00	Officer Director	$0	$0	$0
BRUCE MALONE	DIRECTOR	1.00	Director	$0	$0	$0
COKEISHA VAN HOOK	DIRECTOR	1.00	Director	$0	$0	$0
DIANE TEBBE	EXECUTIVE VICE PRESIDENT	40.00	Officer	$0	$10,798	$133,604
DEBRA MEYER	DIRECTOR OF NURSING	40.00	Officer	$100,955	$0	$100,955
CHARLOTTE HAMMOND	EXECUTIVE DIRECTOR	1.00	Officer	$0	$22,863	$325,359

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	$14,994,611	$13,023,982	$17,503,929	$1,970,629
2024	$13,748,786	$12,114,352	$15,231,331	$1,634,434
2023	$12,427,969	$11,106,867	$13,368,006	$1,321,102
2022	$11,284,358	$10,705,676	$11,785,898	$578,682
2021	$11,186,880	$10,205,244	$11,987,735	$981,636
2020	$10,458,702	$9,993,248	$10,774,129	$465,454
2019	$8,345,928	$7,926,789	$9,928,621	$419,139