OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC

EIN: 593562098 501(c)(3) Human Services

GAINESVILLE, FL

Total Revenue
$42,476,934
Total Expenses
$40,321,473
Total Assets
$120,822,024
Net Assets
$-50,942,962
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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
1998
Legal Domicile
FL
Principal Officer
KEVIN AHMADI
Phone
3525481000
Tax Period
2023-01-01 to 2023-12-31

OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $42.5M in total revenue in fiscal year 2023. Expenses of $40.3M left a modest 5% surplus.

Mission

OPERATION OF A RETIREMENT COMMUNITY DESIGNED TO MEET THE NEEDS OF THE AGED.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $207,984
Program Service Revenue $41,121,055
Investment Income $1,147,895
Other Revenue $0
TOTAL REVENUE $42,476,934

Expense Breakdown

Grants Paid $87,920
Salaries & Benefits $17,960,581
Fundraising Expenses $0
Program Expenses $36,156,105
Other Expenses $22,272,972
TOTAL EXPENSES $40,321,473

Year-over-Year Comparison

2023 2022 Change
Revenue $42,476,934 $41,637,523 +0.0%
Expenses $40,321,473 $38,366,379 +0.1%
Net Income $2,155,461 $3,271,144 -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

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Governance

Voting Members
12
Independent Members
12
Employees
447
Volunteers
12

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
5
$603,845
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDITH RUSSELL BOARD CHAIRMAN 5.00
Officer Director
$0 $0 $0
PETER GEAREN BOARD VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
ANDY GRAY SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT H JERRY II BOARD MEMBER 5.00
Director
$0 $0 $0
KIM BARTON BOARD MEMBER 5.00
Director
$0 $0 $0
JIM J KELLY JR BOARD MEMBER 5.00
Director
$0 $0 $0
ANNA MCDANIEL BOARD MEMBER 5.00
Director
$0 $0 $0
LEE REVERE BOARD MEMBER 5.00
Director
$0 $0 $0
CURTIS REYNOLDS BOARD MEMBER 5.00
Director
$0 $0 $0
MARTHA RADER BOARD MEMBER 5.00
Director
$0 $0 $0
NANCY WOOD BOARD MEMBER 5.00
Director
$0 $0 $0
DOUGLAS MERREY BOARD MEMBER 5.00
Director
$0 $0 $0
KEVIN AHMADI CEO 40.00
Officer
$308,153 $33,132 $341,285
ANDREW DAVEY CHIEF FINANCIAL OFFICER 40.00
Officer
$229,428 $33,132 $262,560
NICOLE MASON LIFE PLAN CONSULTANT 40.00
Highest
$161,966 $27,273 $189,239
ROBERT STOTT INFORMATION TECHNOLOGY DIR 40.00
Highest
$155,358 $33,132 $188,490
KELLY G GEORGE DIRECTOR OF HUMAN RESOURCE 40.00
Highest
$137,417 $33,132 $170,549
JANICE HUNZIKER LIFE PLAN CONSULTANT 40.00
Highest
$136,435 $33,132 $169,567
SONJA DONLIN DIRECTOR OF FACILITY OPERA 40.00
Highest
$126,489 $7,821 $134,310
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 No data No data No data No data
2023 $42,476,934 $40,321,473 $120,822,024 $2,155,461
2022 $41,637,523 $38,366,379 $117,277,180 $3,271,144
2021 $38,928,213 $37,655,618 $123,521,355 $1,272,595
2020 $36,395,571 $35,621,337 $121,335,755 $774,234
2019 $34,479,070 $34,755,627 $116,428,178 $-276,557
2018 $34,351,111 $32,676,120 $110,482,411 $1,674,991
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