Oakmont Residential Association Inc

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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

2016

Legal Domicile

Principal Officer

JAMES L WOLFE

Tax Period

2023-01-01 to 2023-12-31

Oakmont Residential Association Inc, founded in 2016, is a small nonprofit that reported $455K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATIONS PURPOSE IS TO INVEST IN THE FUTURE OF OAKMONT AND THE SURROUNDING COMMUNITY, TO SUPPLEMENT AND COMPLEMENT THE FUNCTIONS OF THE ASSOCIATION AND TO ENHANCE SERVICES AND RESOURCES TO THE COMMUNITY THROUGH THE SPONSORSHIP OF PROGRAMS, ACTIVITIES AND EVENTS IN AND AROUND OAKMONT.

Program Service Accomplishments

Program 1

Expenses: $459,640 Revenue: $454,514

MAINTAIN COMMON PROPERTY AND ENHANCE THE COMMUNITY.

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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 $454,514

Investment Income $48

Other Revenue $0

TOTAL REVENUE $454,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $459,640

Other Expenses $466,342

TOTAL EXPENSES $466,342

Year-over-Year Comparison

	2023	2022	Change
Revenue	$454,562	$780,504	-0.4%
Expenses	$466,342	$342,730	+0.4%
Net Income	$-11,780	$437,774	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES L WOLFE	PRESIDENT	1.0	Officer Director	$0	$0	$0
STEPHANIE L A MALECHEK	VICE PRESIDENT	8.0	Officer Director	$0	$0	$0
SHANNAZ ALI	TREASURER	1.0	Officer Director	$0	$0	$0
RICHARD S ROTH	ASSISTANT SECRETARY	2.0	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
2024	No data	No data	No data	No data
2023	$454,562	$466,342	$799,180	$-11,780
2022	$780,504	$342,730	$1,144,754	$437,774
2021	$379,190	$203,213	$546,107	$175,977