60 Oak Realty Corp

EIN: 823119524 Employment

Babylon, NY

Total Revenue
$2,202
Total Expenses
N/A
Total Assets
$1,043,751
Net Assets
$-122,578
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
James Carone
Phone
6315870024
Tax Period
2025-01-01 to 2025-12-31

60 Oak Realty Corp, founded in 2017, is a micro nonprofit in the Employment sector that reported $2K in total revenue in fiscal year 2025. Revenue surged 106% from the prior year, signaling strong growth momentum.

Mission

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

Program Service Accomplishments

Program 1

Hold title to real property for the benefit of other tax 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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $2,202
TOTAL REVENUE $2,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $2,202 $1,067 +1.1%
Expenses N/A N/A N/A
Net Income N/A $1,067 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

Sign In

Governance

Voting Members
4
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
5
$148,197
Total Directors
5
$148,197
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Carone Vice President 0.50
Officer Director
$0 $0 $19,019
Kevin Berthelsen-Leon Secy-Treasurer 0.50
Officer Director
$0 $0 $20,751
Michael Sullivan President 1.00
Officer Director
$0 $0 $81,189
Brian Aarne Recording Secretary 1.00
Officer Director
$0 $0 $1,513
James Sokolowski Vice General Chairman 1.00
Officer Director
$0 $0 $25,725
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 $2,202 No data $1,043,751 No data
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
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare 60 Oak Realty Corp with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.