WILLOW OAK THERAPY CENTER 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

1983

Legal Domicile

Principal Officer

KATHERINE CLAUSEN

Phone

3012518965

Tax Period

2024-01-01 to 2024-12-31

WILLOW OAK THERAPY CENTER INC, founded in 1983, is a small nonprofit in the Mental Health sector that reported $989K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE COMPREHENSIVE AND AFFORDABLE MENTAL HEALTH SERVICES TO CHILDREN, ADULTS, COUPLES AND FAMILIES IN OUR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $906,135 Revenue: $986,242

WE PROVIDE COMPREHENSIVE AND AFFORDABLE MENTAL HEALTH SERVICES TO MORE THAN 350 PERSONS EACH YEAR. CENTRAL TO OUR MISSION IS OFFERING PSYCHOTHERAPY TO PERSONS WITH PUBLIC INSURANCE AND ON A REDUCED SLIDING SCALE FEE TO LOW-INCOME PERSONS WITHOUT INSURANCE. WE ALSO PROVIDE TRAINING FOR NEWER MENTAL HEALTH PROFESSIONALS.

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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 $700

Program Service Revenue $986,242

Investment Income $0

Other Revenue $1,718

TOTAL REVENUE $988,660

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,859

Fundraising Expenses $0

Program Expenses $906,135

Other Expenses $832,710

TOTAL EXPENSES $1,000,569

Year-over-Year Comparison

	2024	2023	Change
Revenue	$988,660	$666,501	+0.5%
Expenses	$1,000,569	$682,871	+0.5%
Net Income	$-11,909	$-16,370	-0.3%

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

Governance

Voting Members

Independent Members

Employees

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

$58,268

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE CLAUSEN	EXECUTIVE DIRECTOR	0.0	Key Emp	$58,268	$0	$58,268
LILI GORDON	DIRECTOR	0.0	Director	$0	$0	$0
ADINA KAUZLARICH	DIRECTOR	0.0	Director	$0	$0	$0
VIRGINIA JOEHL	DIRECTOR	5.0	Director	$0	$0	$0
JACK PORTER	TREASURER	0.0	Officer	$0	$0	$0
TERRY VINSTON	VICE PRESIDENT	0.0	Officer	$0	$0	$0
TOBY SHUM	PRESIDENT	0.0	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
2024	$988,660	$1,000,569	$199,350	$-11,909
2023	$666,501	$682,871	$211,251	$-16,370
2022	$519,486	$510,199	$211,149	$9,287
2021	$540,570	$548,872	$200,589	$-8,302
2020	$552,586	$533,640	$224,495	$18,946
2019	$478,048	$481,770	$212,047	$-3,722
2018	$420,012	$409,217	$200,626	$10,795