ADVANCE OC (EIN 842791104) - 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

2019

Legal Domicile

Principal Officer

TORHON BARNES

Phone

9492290593

Tax Period

2024-01-01 to 2024-12-31

ADVANCE OC, founded in 2019, is a small nonprofit in the Human Services sector that reported $685K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $637K left a modest 7% surplus.

Mission

TO LEVERAGE DATA FOR GOOD TO CLOSE SOCIAL AND HEALTH DISPARITIES.

🔒

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 $166,699

Program Service Revenue $517,939

Investment Income $0

Other Revenue $0

TOTAL REVENUE $684,638

Expense Breakdown

Grants Paid $0

Salaries & Benefits $362,273

Fundraising Expenses $8,296

Program Expenses $561,958

Other Expenses $274,772

TOTAL EXPENSES $637,045

Year-over-Year Comparison

	2024	2023	Change
Revenue	$684,638	$1,103,264	-0.4%
Expenses	$637,045	$1,109,779	-0.4%
Net Income	$47,593	$-6,515	-8.3%

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

Employees

Volunteers

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

$155,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TORHON BARNES	DIRECTOR OF STRATEGIC PARTNERSHIPS	40.00	Officer	$80,000	$0	$80,000
TAMMY PENG	DIRECTOR OF OPERATIONS	40.00	Officer	$75,000	$0	$75,000
CLAYTON CHAU	CHAIR	5.00	Officer Director	$0	$0	$0
KELITA GARDNER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
KATRINA KALVODA	PRESIDENT	5.00	Officer Director	$0	$0	$0
KARIN KALK	SECRETARY	5.00	Officer Director	$0	$0	$0
TIMOTHY HENDERSON	TREASURER	5.00	Officer Director	$0	$0	$0
KATHERINE AMOUKHTEH	DIRECTOR	5.00	Director	$0	$0	$0
DEREK SERRANO	DIRECTOR	5.00	Director	$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	$684,638	$637,045	$142,956	$47,593
2023	$1,103,264	$1,109,779	$133,505	$-6,515
2022	$295,725	$399,112	$95,315	$-103,387
2021	$252,785	$329,579	$198,702	$-76,794
2020	$397,796	$126,366	$275,496	$271,430

ADVANCE OC