OIC HOLDING CORP (EIN 820778259) - 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

2017

Legal Domicile

Principal Officer

ANTHONY SCADUTO MD

Phone

2137421000

Tax Period

2023-07-01 to 2024-06-30

OIC HOLDING CORP, founded in 2017, is a small nonprofit in the Health Care sector that reported $292K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $3.1M exceeded revenue, resulting in a 969% operating deficit.

Mission

TO PERFORM THE CHARITABLE FUNCTIONS AND CARRY OUT THE CHARITABLE PURPOSES OF ORTHOPAEDIC HOSPITAL (LOIC) BY MAINLY LEASING OUT THE BUILDING/OFFICES TO LOIC

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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 $0

Program Service Revenue $289,479

Investment Income $0

Other Revenue $2,117

TOTAL REVENUE $291,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,116,043

Other Expenses $3,116,043

TOTAL EXPENSES $3,116,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$291,596	$215,107	+0.4%
Expenses	$3,116,043	$3,097,595	+0.0%
Net Income	$-2,824,447	$-2,882,488	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

$1,486,289

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRY MCKELLOP PHD	DIRECTOR	0.10	Director	$0	$0	$0
JONATHAN LOPEZ	DIRECTOR	0.10	Director	$0	$0	$0
KERBANU PUDUMJEE	BOARD CHAIR	0.10	Officer Director	$0	$0	$0
NANCY ZYTKO	DIRECTOR	0.10	Director	$0	$0	$0
STEVE VALENTINE	SECRETARY	0.10	Officer Director	$0	$0	$0
ANTHONY SCADUTO MD	PRESIDENT & CEO	0.10	Officer	$0	$23,221	$987,129
DIEMLAN LANNIE TONNU	VICE PRESIDENT & CFO	0.10	Officer	$0	$48,141	$499,160

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	No data	No data	No data	No data
2024	$291,596	$3,116,043	$32,082,074	$-2,824,447
2023	$215,107	$3,097,595	$35,278,299	$-2,882,488
2022	$227,360	$3,151,926	$38,360,787	$-2,924,566
2021	$213,860	$3,222,818	$41,305,485	$-3,008,958
2020	$224,605	$2,258,124	$44,154,744	$-2,033,519
2019	$363,874	$1,894,994	$41,701,526	$-1,531,120

OIC HOLDING CORP