ORION AREA NOT-FOR-PROFIT HOUSING CORP (EIN 382477142) - 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

1983

Legal Domicile

Principal Officer

LARRY WIK

Phone

7343436600

Tax Period

2024-07-01 to 2025-06-30

ORION AREA NOT-FOR-PROFIT HOUSING CORP, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $719K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $655K left a modest 9% surplus.

Mission

PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS

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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 $389,078

Program Service Revenue $248,631

Investment Income $118

Other Revenue $81,221

TOTAL REVENUE $719,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $175,126

Fundraising Expenses $38,371

Program Expenses $413,073

Other Expenses $480,068

TOTAL EXPENSES $655,194

Year-over-Year Comparison

	2024	2023	Change
Revenue	$719,048	$612,072	+0.2%
Expenses	$655,194	$635,242	+0.0%
Net Income	$63,854	$-23,170	-3.8%

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
THE VERY REV LARRY WIK	TRUSTEE; CHAIR; TREASURER	1.00	Officer Director	$0	$0	$0
KATHLEEN SCHWARTZ	TRUSTEE; VICE CHAIR; SECRE	1.00	Officer Director	$0	$0	$0
PATTY KERIN	TRUSTEE	1.00	Director	$0	$0	$0
BARRY MICHELS	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA STEPHEN	TRUSTEE	1.00	Director	$0	$0	$0
PATTI REITZ	TRUSTEE	1.00	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	$719,048	$655,194	$967,845	$63,854
2024	$612,072	$635,242	$906,978	$-23,170
2023	$611,745	$596,603	$965,405	$15,142
2022	$595,203	$604,404	$1,106,203	$-9,201
2021	$603,554	$579,423	$1,139,026	$24,131
2020	$585,850	$548,944	$1,086,092	$36,906
2019	$576,483	$598,990	$1,102,313	$-22,507
2018	$572,962	$577,502	$1,168,670	$-4,540

ORION AREA NOT-FOR-PROFIT HOUSING CORP