OLE HEALTH FOUNDATION (EIN 680149424) - 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

1987

Legal Domicile

Principal Officer

ALICIA HARDY

Phone

7076037105

Tax Period

2024-07-01 to 2025-06-30

OLE HEALTH FOUNDATION, founded in 1987, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.5M, a strong 48% operating margin.

Mission

FUNDRAISING AND OTHER SERVICES TO SUPPORT OLE HEALTH (DBA COMMUNICARE+OLE).

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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 $2,738,829

Program Service Revenue $0

Investment Income $404,033

Other Revenue $1,296

TOTAL REVENUE $3,144,158

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $350,251

Fundraising Expenses $533,994

Program Expenses $1,000,000

Other Expenses $297,883

TOTAL EXPENSES $1,648,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,144,158	$4,075,691	-0.2%
Expenses	$1,648,134	$444,546	+2.7%
Net Income	$1,496,024	$3,631,145	-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

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

$922,892

Total Directors

$484,654

Key Employees

$265,546

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICIA HARDY	DIRECTOR / CEO OF COMMUNICARE+OLE	1.00	Officer Director	$0	$18,048	$484,654
NAOKO DALLA VALLE	CHAIR	1.00	Officer Director	$0	$0	$0
WILL PHELPS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PETE RICHMOND	SECRETARY	1.00	Officer Director	$0	$0	$0
RICK JONES	TREASURER	1.00	Officer Director	$0	$0	$0
DR RICHARD ANDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN FINK	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH HANSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DARIOUSH KHALEDI	BOARD MEMBER	1.00	Director	$0	$0	$0
CARLTON MCCOY	BOARD MEMBER	1.00	Director	$0	$0	$0
DR FRANK NAEYMI-RAD	BOARD MEMBER (THRU 6/2025)	1.00	Director	$0	$0	$0
CLAIRE STULL	BOARD MEMBER	1.00	Director	$0	$0	$0
BARRY WAITTE	BOARD MEMBER	1.00	Director	$0	$0	$0
TODD ZAPOLSKI	BOARD MEMBER (THRU 6/2025)	1.00	Director	$0	$0	$0
ROSE MACISAAC	CHIEF FINANCIAL OFFICER	8.00	Officer	$0	$25,991	$438,238
SONIA TOLBERT	CHIEF DEVELOPMENT OFFICER	14.00	Key Emp	$0	$14,441	$265,546

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	$3,144,158	$1,648,134	$11,512,769	$1,496,024
2024	$4,075,691	$444,546	$10,018,392	$3,631,145
2023	$3,187,034	$2,030,761	$6,453,389	$1,156,273
2022	$2,792,429	$2,313,356	$5,556,621	$479,073
2021	$1,370,386	$3,726,720	$4,734,519	$-2,356,334
2020	$2,466,898	$2,751,738	$7,030,677	$-284,840
2019	$1,396,989	$573,548	$7,709,512	$823,441
2018	$1,243,056	$852,476	$8,297,037	$390,580

OLE HEALTH FOUNDATION