OCOEE FOUNDATION INC (EIN 621820576) - 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

2000

Legal Domicile

Principal Officer

JOHN SHEEHAN JR

Phone

4236143490

Tax Period

2024-01-01 to 2024-12-31

OCOEE FOUNDATION INC, founded in 2000, is a mid-sized nonprofit in the Health Care sector that reported $90.0M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $86.8M left a modest 3% surplus.

Mission

TO ESTABLISH, DEVELOP, OWN, MAINTAIN AND OPERATE HOSPITALS, NURSING HOMES, ADULT DAY CARE FACILITIES, RESIDENTIAL ASSISTED LIVING FACILITIES, RELATED HEALTH CARE FACILITIES, AND OTHER RESIDENTIAL FACILITIES DESIGNED TO MEET THE HOUSING, HEALTH, PERSONAL NEEDS AND FINANCIAL SECURITY NEEDS OF ELDERLY, DISABLED, POOR, AND OTHER SPECIAL POPULATIONS (THE FACILITIES). THROUGH THESE FACILITIES, THE ORGANIZATION MAY ALSO PROVIDE HEALTH CARE SERVICES. ALL FACILITIES ARE OWNED AND OPERATED ON A NON-PROFIT BASIS. AS FUNDS ALLOW, AND UPON THE APPROVAL OF THE BOARD OF DIRECTORS, THE ORGANIZATION WILL MAKE CONTRIBUTIONS TO OTHER ORGANIZATIONS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 $3,520

Program Service Revenue $89,487,112

Investment Income $-8,088

Other Revenue $473,962

TOTAL REVENUE $89,956,506

Expense Breakdown

Grants Paid $45,700

Salaries & Benefits $46,948,254

Fundraising Expenses $0

Program Expenses $80,908,631

Other Expenses $39,823,417

TOTAL EXPENSES $86,817,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$89,956,506	$77,785,069	+0.2%
Expenses	$86,817,371	$72,956,547	+0.2%
Net Income	$3,139,135	$4,828,522	-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

Governance

Voting Members

Independent Members

Employees

1698

Volunteers

220

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

$470,382

Total Directors

$132,301

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOROTHY PHILLIPS	DIRECTOR	1.00	Director	$21,918	$0	$21,918
KATHLEEN KUPCHYNSKY	DIRECTOR	1.00	Director	$25,008	$0	$25,008
WILIAM S BURTON	DIRECTOR	3.00	Director	$30,000	$0	$30,000
ALAN SMITH	DIRECTOR	2.00	Director	$26,370	$0	$26,370
DONALD BRADLEY	DIRECTOR	2.00	Director	$29,005	$0	$29,005
JOHN SHEEHAN JR	PRESIDENT	40.00	Officer	$261,385	$9,166	$270,551
MARGARET P SHEEHAN	TREASURER	35.00	Officer	$63,648	$8,300	$71,948
JOHN J SHEEHAN III	VICE PRESIDENT & SECRETARY	35.00	Officer	$121,016	$6,867	$127,883
LISA VETETO	ADMINISTATOR	1.00	Highest	$170,958	$0	$170,958
TRUDY ERICKSON	ADMINISTATOR	1.00	Highest	$160,293	$0	$160,293
JOSH CANNON	ADMINISTATOR	1.00	Highest	$150,498	$0	$150,498
DAVID MAXWELL	ADMINISTATOR	1.00	Highest	$148,992	$0	$148,992
BRENT FAIR	ADMINISTATOR	1.00	Highest	$148,510	$0	$148,510

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	$89,956,506	$86,817,371	$90,983,951	$3,139,135
2023	$77,785,069	$72,956,547	$63,076,775	$4,828,522
2022	$65,905,921	$61,963,956	$61,804,087	$3,941,965
2021	$57,610,258	$51,794,384	$56,071,900	$5,815,874
2020	$57,019,799	$48,159,693	$53,372,694	$8,860,106
2019	$42,476,219	$41,238,116	$43,058,580	$1,238,103
2018	$30,840,223	$29,915,010	$31,246,592	$925,213

OCOEE FOUNDATION INC