OLYMPIC VILLAGE INC (EIN 862143714) - 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

2021

Legal Domicile

Principal Officer

WILLIAM TOMAN

Phone

6086628842

Tax Period

2024-01-01 to 2024-12-31

OLYMPIC VILLAGE INC, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $735K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 45% operating deficit.

Mission

TO OWN, OPERATE, CONTROL, MAINTAIN, AND SUPPORT FACILITIES FOR SENIORS THAT OFFER AN AFFORDABLE HOUSING OPTION IN A SECURE COMMUNITY FURTHERING INDEPENDENCE AND QUALITY OF LIFE.

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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 $2,500

Program Service Revenue $648,985

Investment Income $45,773

Other Revenue $37,506

TOTAL REVENUE $734,764

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $577,106

Other Expenses $1,062,615

TOTAL EXPENSES $1,062,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$734,764	$646,152	+0.1%
Expenses	$1,062,615	$983,940	+0.1%
Net Income	$-327,851	$-337,788	0.0%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM TOMAN	PRESIDENT	0.50	Officer Director	$0	$0	$0
JERRY HENRICK	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
PATTY HORSTMEIER	SECRETARY	1.00	Officer Director	$0	$0	$0
RON LOSTETTER	TREASURER	1.00	Officer Director	$0	$0	$0
CARRIE HOPPMAN	DIRECTOR	0.25	Director	$0	$0	$0
DAVID SCHULTZ	DIRECTOR	0.25	Director	$0	$0	$0
JAMES SCHULENBURG	DIRECTOR	0.25	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	$734,764	$1,062,615	$14,187,056	$-327,851
2023	$646,152	$983,940	$14,341,596	$-337,788
2022	$498,045	$1,016,772	$14,379,955	$-518,727
2021	$275,235	$380,423	$13,570,039	$-105,188

OLYMPIC VILLAGE INC