OKEECHOBEE COUNCIL ON AGING INC (EIN 591544835) - 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

1974

Legal Domicile

Principal Officer

EDWARD HURT

Phone

3522751271

Tax Period

2024-07-01 to 2025-06-30

OKEECHOBEE COUNCIL ON AGING INC, founded in 1974, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $8.2M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO ASSIST, ENCOURAGE, AND PROMOTE THE WELL BEING OF AGING INDIVIDUALS.

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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 $6,879,265

Investment Income $90

Other Revenue $136,606

TOTAL REVENUE $7,015,961

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,128,709

Fundraising Expenses $0

Program Expenses $7,947,582

Other Expenses $3,064,322

TOTAL EXPENSES $8,193,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,015,961	$8,088,047	-0.1%
Expenses	$8,193,031	$8,834,910	-0.1%
Net Income	$-1,177,070	$-746,863	+0.6%

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

130

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

$293,577

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHNNIE BLEVINS	DIRECTOR	4.00	Director	$0	$0	$0
ALLIE BIGGS	DIRECTOR	4.00	Director	$0	$0	$0
REGINA BOHLEN	DIRECTOR	4.00	Director	$0	$0	$0
HIKEEM BANKS	DIRECTOR	4.00	Director	$0	$0	$0
EDWARD HURT	EXECUTIVE DIRECTOR	4.00	Officer	$0	$50,315	$293,577
MELISSA WISEMAN	ADMINISTRATOR	40.00	Highest	$119,758	$2,736	$122,494
LATOYA BILLUPS	DIRECTOR OF NURSING	40.00	Highest	$147,124	$9,922	$157,046
LEA DEREZ	RN/ASSISTANT DIRECT	40.00	Highest	$106,058	$1,791	$107,849

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	$7,015,961	$8,193,031	$2,406,294	$-1,177,070
2024	No data	No data	No data	No data
2023	$8,740,669	$8,987,543	$3,913,812	$-246,874
2022	$7,640,643	$7,699,180	$4,541,688	$-58,537
2021	$7,766,053	$7,018,022	$6,271,409	$748,031
2020	$9,243,372	$8,866,356	$5,337,878	$377,016
2019	$9,305,696	$8,706,005	$5,110,926	$599,691

OKEECHOBEE COUNCIL ON AGING INC