OKO URBAN FARMS INC (EIN 831456025) - 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

2018

Legal Domicile

Principal Officer

YEMI AMU

Phone

9173286842

Tax Period

2024-01-01 to 2024-12-31

OKO URBAN FARMS INC, founded in 2018, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $528K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. Expenses of $501K left a modest 5% surplus.

Mission

OKO FARMS MISSION IS TO PROMOTE AQUAPONICS AS AN ECOLOGICAL FARMING METHOD THAT MITIGATES THE IMPACT OF CLIMATE CHANGE AND INCREASES FOOD SECURITY FOR URBAN RESIDENTS WHILE DEMSTIFYING AQUAPONICS THROUGH AWARENESS AND EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $448,632

Program Service Revenue $78,544

Investment Income $0

Other Revenue $1,203

TOTAL REVENUE $528,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $292,513

Fundraising Expenses $0

Program Expenses $343,844

Other Expenses $208,833

TOTAL EXPENSES $501,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$528,379	$254,658	+1.1%
Expenses	$501,346	$270,131	+0.9%
Net Income	$27,033	$-15,473	-2.7%

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

Volunteers

200

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

$90,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA BOYD	BOARD CHAIR	1.00	Officer	$0	$0	$0
MICHAEL WILHITE	TREASURER	1.00	Officer	$0	$0	$0
SUSAN BEATINI	SECRETARY	1.00	Officer	$0	$0	$0
NHADINE LEUNG	BOARD MEMBER	1.00	Officer	$0	$0	$0
OLUYEMI O AMU	EXECUTIVE DIRECTOR	40.00	Key Emp Highest	$90,000	$0	$90,000

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	$528,379	$501,346	$135,867	$27,033
2023	$254,658	$270,131	$105,381	$-15,473

OKO URBAN FARMS INC