ROYAL OAK COMMUNITY LTD (EIN 581970228) - 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

1991

Legal Domicile

Principal Officer

JEFFREY D MYERS

Phone

7062782105

Tax Period

2023-10-01 to 2024-09-30

ROYAL OAK COMMUNITY LTD, founded in 1991, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2023.

Mission

THE PRIMARY MISSION OF ROYAL OAK IS TO PROVIDE A COMFORTABLE AND SECURE RESIDENTIAL LIFESTYLE TO RESIDENTS WITHIN A CARING ENVIRONMENT, WHICH OFFERS AN ATTRACTIVE ARRAY OF PERSONAL SERVICES.

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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 $150

Program Service Revenue $3,591,864

Investment Income $328,377

Other Revenue $118,224

TOTAL REVENUE $4,038,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,589,727

Fundraising Expenses $0

Program Expenses $4,167,786

Other Expenses $1,818,024

TOTAL EXPENSES $4,407,751

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,038,615	$3,806,850	+0.1%
Expenses	$4,407,751	$4,050,536	+0.1%
Net Income	$-369,136	$-243,686	+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

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

$2,682,036

Total Directors

$2,692,983

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY D MYERS	PRESIDENT/CEO AND VICE CHAIR	1.00	Officer Director	$0	$119,279	$1,673,818
SANDRA D MCKENZIE	TRUSTEE	1.00	Director	$0	$56,457	$1,019,165
JULIE A SOEKORO	ASSISTANT TREASURER	1.00	Officer	$0	$109,497	$811,055
STEVEN P BRIDENSTINE	ASSISTANT TREASURER	1.00	Officer	$0	$1,111	$197,163
JOSHUA ROCHESTER	EXECUTIVE DIRECTOR	40.00	Highest	$128,574	$1,277	$129,851
G LAMAR LYLE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
WILLIAM L MCDANIEL JR MD	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DON W ADCOCK	TRUSTEE	1.00	Director	$0	$0	$0
LAURA J ALLGOOD	TRUSTEE	1.00	Director	$0	$0	$0
OLIVER F COBB	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT K ESTES JR	TRUSTEE	1.00	Director	$0	$0	$0
ZABDIEL MENDEZ	TRUSTEE	1.00	Director	$0	$0	$0
W SCOTT SELLERS	TRUSTEE	1.00	Director	$0	$0	$0
LARRY E WINTER	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
2024	$4,038,615	$4,407,751	$9,477,047	$-369,136
2023	$3,806,850	$4,050,536	$8,577,735	$-243,686
2022	$3,621,653	$3,622,138	$8,309,563	$-485
2021	$3,127,751	$3,094,962	$7,738,272	$32,789
2020	$3,506,067	$3,625,461	$6,803,952	$-119,394
2019	$3,482,012	$3,926,876	$6,682,268	$-444,864
2018	$3,401,159	$3,913,314	$6,892,950	$-512,155

ROYAL OAK COMMUNITY LTD