OCTAVIA COURT INC (EIN 611513955) - 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

2006

Legal Domicile

Principal Officer

WILLIAM F PICKEL

Phone

4156180012

Tax Period

2024-01-01 to 2024-12-31

OCTAVIA COURT INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $478K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $741K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO DEVELOP, CONSTRUCT AND MANAGE RESIDENTIAL HOUSING FACILITIES FOR LOW INCOME PERSONS WITH DEVELOPMENTAL DISABILITIES.

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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 $319,219

Program Service Revenue $159,110

Investment Income $12

Other Revenue $0

TOTAL REVENUE $478,341

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,317

Fundraising Expenses $0

Program Expenses $639,663

Other Expenses $599,527

TOTAL EXPENSES $740,844

Year-over-Year Comparison

	2024	2023	Change
Revenue	$478,341	$341,908	+0.4%
Expenses	$740,844	$797,120	-0.1%
Net Income	$-262,503	$-455,212	-0.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT MILLS	President	1.00	Officer Director	$0	$0	$0
SUSAN FRIEDLAND	Director	1.00	Director	$0	$0	$0
BARRY BENDA	Vice President	1.00	Officer Director	$0	$0	$0
SARA ABRAMOWITZ-HILL	Director	1.00	Director	$0	$0	$0
BRUCE OKA	Director	1.00	Director	$0	$0	$0
ROSA GARCIA	Director	1.00	Director	$0	$0	$0
WILLIAM F PICKEL	SEC/TREASURER	1.00	Officer Director	$0	$0	$0
JAMES REILLY	Director	1.00	Director	$0	$0	$0
FRANCINE WILLIAMS	Vice President	1.00	Officer 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	$478,341	$740,844	$7,821,888	$-262,503
2023	$341,908	$797,120	$8,039,828	$-455,212
2022	$290,543	$614,252	$8,362,720	$-323,709
2021	$311,081	$561,014	$7,094,463	$-249,933
2020	$293,579	$540,888	$7,234,699	$-247,309
2019	$269,717	$534,211	$7,493,348	$-264,494
2018	$254,676	$632,867	$7,629,537	$-378,191

OCTAVIA COURT INC