Oakman Village Manor Senior Housing Development (EIN 562438797) - 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

2004

Legal Domicile

Principal Officer

Elaine Hearns

Tax Period

2024-07-01 to 2025-06-30

Oakman Village Manor Senior Housing Development, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $547K in total revenue in fiscal year 2024. Expenses of $753K exceeded revenue, resulting in a 38% operating deficit.

Mission

Provide housing and services to low income senior adults

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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 $0

Program Service Revenue $542,070

Investment Income $173

Other Revenue $4,734

TOTAL REVENUE $546,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $153,197

Fundraising Expenses $0

Program Expenses $595,213

Other Expenses $599,710

TOTAL EXPENSES $752,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$546,977	$530,295	+0.0%
Expenses	$752,907	$716,670	+0.1%
Net Income	$-205,930	$-186,375	+0.1%

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

$89,431

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deborah Beard	Administrator	040.00	Officer	$70,603	$0	$89,431
Maynard Timm	Director	N/A	Director	$0	$0	$0
Barbara Williams	Director	001.00	Director	$0	$0	$0
Johnnie Jackson	Treasurer	001.00	Officer Director	$0	$0	$0
Thomas Armstead	Vice Chair	001.00	Officer Director	$0	$0	$0
Deborah Fisher	Director	001.00	Director	$0	$0	$0
Ron Matten	Director	001.00	Director	$0	$0	$0
Elaine Hearns	Chair	001.00	Officer Director	$0	$0	$0
Patrica Ann Rencher	Director	001.00	Director	$0	$0	$0
Tod Miller	Secretary	001.00	Officer Director	$0	$0	$0
Jeffrey Jones	Director	001.00	Director	$0	$0	$0
Richard White III	Director	001.00	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	$546,977	$752,907	$3,475,533	$-205,930
2024	$530,295	$716,670	$3,615,208	$-186,375
2023	$531,392	$699,302	$3,778,835	$-167,910
2022	$496,307	$697,707	$3,988,247	$-201,400
2021	$487,064	$717,030	$4,076,037	$-229,966

Oakman Village Manor Senior Housing Development