GOLDEN OPPORTUNITY LIVING DEVELOPMENT (EIN 910889527) - 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

1970

Legal Domicile

Principal Officer

Caroline Robinson

Phone

2533833363

Tax Period

2023-09-01 to 2024-08-31

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.

Mission

Provide independent living rental housing and related facilities to individuals 55 years of age and older.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,163,349

Investment Income $28,494

Other Revenue $201,067

TOTAL REVENUE $2,392,910

Expense Breakdown

Grants Paid $409,500

Salaries & Benefits $746,145

Fundraising Expenses $0

Program Expenses $2,040,382

Other Expenses $1,386,761

TOTAL EXPENSES $2,542,406

Year-over-Year Comparison

	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%

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

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

$300,313

Total Directors

$231,762

Key Employees

Highest Compensated

reported

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

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	$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

GOLDEN OPPORTUNITY LIVING DEVELOPMENT