GREAT OAKS NEWARK PROPERTY CORPORATION (EIN 475680367) - 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

2015

Legal Domicile

Principal Officer

DAVID UMANSKY

Phone

2125717260

Tax Period

2022-12-31 to 2023-05-25

GREAT OAKS NEWARK PROPERTY CORPORATION, founded in 2015, is a small nonprofit that reported $387K in total revenue in fiscal year 2022. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $496K exceeded revenue, resulting in a 28% operating deficit.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $104,738

Investment Income $-2,421,087

Other Revenue $2,703,580

TOTAL REVENUE $387,231

Expense Breakdown

Grants Paid $226,207

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $496,260

Other Expenses $270,053

TOTAL EXPENSES $496,260

Year-over-Year Comparison

	2022	2021	Change
Revenue	$387,231	$591,775	-0.3%
Expenses	$496,260	$792,159	-0.4%
Net Income	$-109,029	$-200,384	-0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID UMANSKY	PRESIDENT	1.00	Officer	$0	$0	$0
ANTONIO VALLA	VICE PRESIDENT	1.00	Officer	$0	$0	$0
FRANK BUCCOLA	SECRETARY/TREASURER	1.00	Officer	$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
2023	$387,231	$496,260	No data	$-109,029
2022	$591,775	$792,159	$8,947,522	$-200,384
2021	$573,876	$1,721,770	$9,074,798	$-1,147,894
2020	$557,403	$692,165	$9,354,449	$-134,762
2019	$542,613	$694,987	$9,280,787	$-152,374
2018	$526,419	$693,622	$9,212,436	$-167,203

GREAT OAKS NEWARK PROPERTY CORPORATION