North Oaks Foundation (EIN 812146486) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Alton Lewis

Phone

9852306674

Tax Period

2024-07-01 to 2025-06-30

North Oaks Foundation, founded in 2015, is a small nonprofit in the Health Care sector that reported $151K in total revenue in fiscal year 2019. Revenue decreased 20% compared to the prior year. Expenses of $184K exceeded revenue, resulting in a 21% operating deficit.

Mission

SUPPORT THE ACTIVITIES OF AND SERVICES PROVIDED BY HOSPITAL SERVICE DISTRICT NO. 1 OF TANGIPAHOA PARISH.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $222,042

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $222,042

Expense Breakdown

Grants Paid $38,135

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,690

Other Expenses $86,942

TOTAL EXPENSES $125,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,042	$193,343	+0.1%
Expenses	$125,077	$93,398	+0.3%
Net Income	$96,965	$99,945	0.0%

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
ALTON LEWIS	PRESIDENT	5.00	Officer	$0	$0	$0
STAN DAMERON	TREASURER	5.00	Officer	$0	$0	$0
TOM TOLAR	BOARD MEMBER	5.00	Officer	$0	$0	$0
CALLY BERNER	BOARD MEMBER	5.00	Officer	$0	$0	$0
PARKER LAYRISSON	BOARD MEMBER	5.00	Officer	$0	$0	$0
LOUIS JOSEPH	BOARD MEMBER	5.00	Officer	$0	$0	$0
JOSEPH MILLER	BOARD MEMBER	5.00	Officer	$0	$0	$0
SANDY MILLER	BOARD MEMBER	5.00	Officer	$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
2025	$222,042	$125,077	$279,212	$96,965
2024	$193,343	$93,398	$182,697	$99,945
2023	$329,270	$452,887	$81,991	$-123,617
2022	$195,687	$197,487	$205,728	$-1,800
2021	$148,124	$34,498	$207,611	$113,626
2020	$151,293	$183,752	$95,807	$-32,459

North Oaks Foundation