60 Oak Realty Corp (EIN 823119524) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

Michael Sullivan

Phone

6315870024

Tax Period

2024-01-01 to 2024-12-31

60 Oak Realty Corp, founded in 2017, is a micro nonprofit in the Employment sector that reported $1K in total revenue in fiscal year 2024.

Mission

A title holding corporation organized for the exclusive purpose of holding title to property for the use of other exempt organizations.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,067

TOTAL REVENUE $1,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,067	$-2,857	-1.4%
Expenses	N/A	N/A	N/A
Net Income	N/A	$-2,857	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$147,483

Total Directors

$147,483

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Carone	Vice President	0.50	Officer Director	$0	$0	$18,929
Kevin Berthelsen-Leon	Secy-Treasurer	0.50	Officer Director	$0	$0	$20,574
Michael Sullivan	President	1.00	Officer Director	$0	$0	$81,116
Brian Aarne	Recording Secretary	1.00	Officer Director	$0	$0	$1,316
James Sokolowski	Vice General Chairman	1.00	Officer Director	$0	$0	$25,548

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	$1,067	No data	$1,091,339	No data
2023	$-2,857	No data	$1,141,717	No data
2022	$-2,519	No data	$1,194,784	No data
2021	$-3,988	No data	$948,563	No data
2020	$-28,515	$60,000	$701,396	$-88,515
2019	$4,337	$2,546	$965,027	$1,791
2018	$-21,177	$8,132	$610,117	$-29,309

60 Oak Realty Corp