Tacoma, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GOLDEN OPPORTUNITY LIVING DEVELOPMENT, founded in 1970, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $4.9M represent 25 months of operating reserves.
Provide independent living rental housing and related facilities to individuals 55 years of age or older.
Provided rental housing and related facilities to seniors 55 and over. There are a total of 212 rental units. All of our residents live fully and independently in a safe, secure and friendly...
Provided rental housing and related facilities to seniors 55 and over. There are a total of 212 rental units. All of our residents live fully and independently in a safe, secure and friendly environment. Active lifestyle choices and abundant community resources allow our residents personal freedom and flexibility. This relaxed and inviting lifestyle encourages and supports and interactive community where residents have the opportunity to get involved and make new friends. Residents enjoy a variety of amenities including social activities, laundry facilities and parking.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,392,910 | $2,201,363 | +0.1% |
| Expenses | $2,542,406 | $2,253,353 | +0.1% |
| Net Income | $-149,496 | $-51,990 | +1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michelle Cox | Director | 1 |
Director
|
$0 | $143,847 | $231,762 |
| Kerry Prosser | Chief Financial Officer | 1 |
Officer
|
$0 | $47,347 | $208,913 |
| Caroline Robinson | Executive Director | 40 |
Officer
|
$82,943 | $8,457 | $91,400 |
| Ron Hastie | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| David Marks | Director | 1 |
Director
|
$0 | $0 | $0 |
| Colby Richards | Vice President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Seely | Director | 1 |
Director
|
$0 | $0 | $0 |
| Brandon Hjelseth | Secretary/Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,392,910 | $2,542,406 | $5,036,595 | $-149,496 |
| 2023 | $2,201,363 | $2,253,353 | $5,138,341 | $-51,990 |
| 2022 | $2,023,070 | $2,177,965 | $5,206,553 | $-154,895 |
| 2021 | $1,758,342 | $1,972,034 | $5,413,206 | $-213,692 |
| 2020 | $1,348,307 | $1,322,157 | $3,546,801 | $26,150 |
| 2019 | $1,379,569 | $1,388,674 | $3,522,926 | $-9,105 |
| 2018 | $1,308,722 | $1,091,536 | $3,564,140 | $217,186 |
Compare GOLDEN OPPORTUNITY LIVING DEVELOPMENT with other nonprofits in Washington and across the country.