51OAKLAND (EIN 800717753) - 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

2011

Legal Domicile

Principal Officer

JASON HOFMANN

Phone

9258781831

Tax Period

2024-01-01 to 2024-12-31

51OAKLAND, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $301K in total revenue in fiscal year 2024. Expenses of $369K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE OAKLAND PUBLIC SCHOOL STUDENTS WITH ACCESS TO PROGRAMS, RESOURCES, SUPPLIES, INSTRUCTION, MENTORING AND TRAINING IN MUSIC AND THE ARTS.

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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 $300,528

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $300,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $358,753

Other Expenses $368,818

TOTAL EXPENSES $368,818

Year-over-Year Comparison

	2024	2023	Change
Revenue	$300,528	$289,855	+0.0%
Expenses	$368,818	$203,630	+0.8%
Net Income	$-68,290	$86,225	-1.8%

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

N/A

Independent Members

N/A

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
JASON HOFMANN	EXECUTIVE DIRECTOR	4.00	Officer Director	$0	$0	$0
YOSHI AKIBA	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
SHEILA ESCOVEDO	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
LYNN MABRY	BOARD MEMBER	2.00	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	$300,528	$368,818	$76,167	$-68,290
2023	$289,855	$203,630	$144,457	$86,225

51OAKLAND