KOR COMMUNITY LAND TRUST DBA ROOTEDHOMES (EIN 471089244) - 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

2014

Legal Domicile

Principal Officer

JACQUELYN KEOGH

Phone

5412471244

Tax Period

2023-01-01 to 2023-12-31

KOR COMMUNITY LAND TRUST DBA ROOTEDHOMES, founded in 2014, is a community nonprofit in the Housing & Shelter sector that reported $4.6M in total revenue in fiscal year 2023. Revenue surged 449% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 43% operating margin.

Mission

TO PROVIDE ENVIRONMENTALLY SUSTAINABLE AND PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR THOSE WHO CONTRIBUTE TO THE FABRIC OF THE CENTRAL OREGON ECONOMY AND COMMUNITY.

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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 $3,173,307

Program Service Revenue $1,429,008

Investment Income $1,914

Other Revenue $26,097

TOTAL REVENUE $4,630,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $446,214

Fundraising Expenses $29,309

Program Expenses $2,410,007

Other Expenses $2,171,710

TOTAL EXPENSES $2,617,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,630,326	$843,046	+4.5%
Expenses	$2,617,924	$409,219	+5.4%
Net Income	$2,012,402	$433,827	+3.6%

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

$124,986

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK HAYES	PRESIDENT	2.00	Officer Director	$0	$0	$0
DIANA FISCHETTI	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
BRETT DERY	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMIE BRADLEY	TREASURER	2.00	Officer Director	$0	$0	$0
CATALINA FRANK	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN HOWARD	BOARD MEMBER	1.00	Director	$0	$0	$0
MISTI NELMES	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNA CONRAD	BOARD MEMBER	1.00	Director	$0	$0	$0
JASMINE WILDER	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM RIVERA	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID SULLIVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTA SUMMERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JACQUELYN KEOGH	EXECUTIVE DIRECTOR	40.00	Officer	$121,424	$3,562	$124,986

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	$4,630,326	$2,617,924	$6,338,463	$2,012,402
2022	$843,046	$409,219	$2,954,365	$433,827
2021	$457,134	$197,917	$1,379,431	$259,217
2020	$186,171	$125,835	$946,081	$60,336
2019	$113,884	$120,812	$684,884	$-6,928

KOR COMMUNITY LAND TRUST DBA ROOTEDHOMES