OCF MEDICAL FACILITIES III INC (EIN 922819789) - 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

2023

Legal Domicile

Principal Officer

PETER C NOVEMBER

Phone

5048424097

Tax Period

2024-01-01 to 2024-12-31

OCF MEDICAL FACILITIES III INC, founded in 2023, is a community nonprofit in the Community Improvement sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $4.1M exceeded revenue, resulting in a 22% operating deficit.

Mission

HOLDS TITLE TO REAL ESTATE & PERFORMS REAL ESTATE TRANSACTIONS FOR THE SUPPORTED ORGANIZATION.

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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 $0

Program Service Revenue $3,400,119

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,400,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $4,147,048

TOTAL EXPENSES $4,147,048

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,400,119	$2,266,746	+0.5%
Expenses	$4,147,048	$2,878,043	+0.4%
Net Income	$-746,929	$-611,297	+0.2%

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

N/A

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

$11,687,542

Total Directors

$11,701,942

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES MOLLOY	DIRECTOR, VP/TREAS/CFO	1.00	Officer Director	$0	$712,539	$3,296,122
PETER C NOVEMBER	DIRECTOR, PRESIDENT/CEO	1.00	Officer Director	$0	$899,128	$7,011,513
DONALD PUGLISI	INDEPENDENT DIRECTOR	1.00	Director	$0	$0	$14,400
SHELLEY S TYNAN	DIRECTOR, SECRETARY	1.00	Officer Director	$0	$160,690	$1,379,907

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	$3,400,119	$4,147,048	$35,798,850	$-746,929
2023	$2,266,746	$2,878,043	$37,134,833	$-611,297

OCF MEDICAL FACILITIES III INC