OCARC (EIN 741337844) - 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

2001

Legal Domicile

Principal Officer

JOHN THOMAS

Tax Period

2023-01-01 to 2023-12-31

OCARC, founded in 2001, is a small nonprofit that reported $233K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $267K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDING EMPLOYMENT AND JOB TRAINING SERVICE FOR MENTALLY CHALLENGED INDIVIDUALS IN SOUTHEAST TEXAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $70,064

Program Service Revenue $110,620

Investment Income $50

Other Revenue $51,790

TOTAL REVENUE $232,524

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,172

Fundraising Expenses $14,010

Program Expenses $61,847

Other Expenses $134,270

TOTAL EXPENSES $267,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$232,524	$248,139	-0.1%
Expenses	$267,442	$254,361	+0.1%
Net Income	$-34,918	$-6,222	+4.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BEARDEN	MEMBER	N/A	Director	$0	$0	$0
HOWARD FISHER	MEMBER	N/A	Director	$0	$0	$0
DR ROBERT MARROQUIN	TREASURER	N/A	Director	$0	$0	$0
SANDRA MYERS	SECRETARY	N/A	Director	$0	$0	$0
BLANE READ	MEMBER	N/A	Director	$0	$0	$0
GARY STELLY	VICE PRESIDE	N/A	Director	$0	$0	$0
KRISPEN WALKER	PRESIDENT	N/A	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	No data	No data	No data	No data
2023	$232,524	$267,442	$337,221	$-34,918
2022	$248,139	$254,361	$378,046	$-6,222
2021	$296,363	$292,895	$389,839	$3,468
2020	$364,385	$238,431	$384,400	$125,954
2019	$256,759	$254,308	$267,920	$2,451
2018	$282,745	$303,123	$276,527	$-20,378

OCARC