COMMUNITY FOUNDATION FOR OCEANA COUNTY (EIN 831970895) - 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

2020

Legal Domicile

Principal Officer

TAMMY CAREY

Phone

2318693377

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION FOR OCEANA COUNTY, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $19.1M represent 54 months of operating reserves.

Mission

TO ENHANCE THE LIVES OF THE PEOPLE OF OCEANA COUNTY AND TO CONNECT RESOURCES WITH NEEDS.

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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 $3,431,935

Program Service Revenue $6,506

Investment Income $801,470

Other Revenue $0

TOTAL REVENUE $4,239,911

Expense Breakdown

Grants Paid $3,954,343

Salaries & Benefits $219,551

Fundraising Expenses $108,344

Program Expenses $4,156,272

Other Expenses $235,967

TOTAL EXPENSES $4,409,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,239,911	$3,139,460	+0.4%
Expenses	$4,409,861	$2,834,383	+0.6%
Net Income	$-169,950	$305,077	-1.6%

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

350

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

$111,354

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE KLIMOVITZ	CHAIR	5.00	Officer Director	$0	$0	$0
FRANK ARVAI	TREASURER	5.00	Officer Director	$0	$0	$0
BETH SNIDER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
KRISTEN CALLEN	MEMBER	2.00	Director	$0	$0	$0
KELLIE FOX	MEMBER	2.00	Director	$0	$0	$0
RITA GRANT	MEMBER	2.00	Director	$0	$0	$0
EMMA KIRWIN	MEMBER	2.00	Director	$0	$0	$0
LOIS LYDENS	MEMBER	2.00	Director	$0	$0	$0
DR SCOTT KARAPTIAN	MEMBER	2.00	Director	$0	$0	$0
STEVE PAULUS	MEMBER	2.00	Director	$0	$0	$0
LUCY ORDOOBADI	MEMBER	2.00	Director	$0	$0	$0
EVA BERUMEN-REYNA	MEMBER	2.00	Director	$0	$0	$0
JULIE STIVERS	MEMBER	2.00	Director	$0	$0	$0
JON VANDERPLOEG	MEMBER	2.00	Director	$0	$0	$0
TAMMY CAREY	CEO	40.00	Officer	$108,470	$2,884	$111,354

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	$4,239,911	$4,409,861	$19,692,921	$-169,950
2023	$3,139,460	$2,834,383	$18,794,594	$305,077
2022	$3,019,734	$1,180,347	$16,693,236	$1,839,387
2021	$1,776,134	$1,118,339	$18,227,379	$657,795
2020	$14,945,350	$1,033,536	$15,993,157	$13,911,814

COMMUNITY FOUNDATION FOR OCEANA COUNTY