OLIVE PLAZA (EIN 930697043) - 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

1977

Legal Domicile

Principal Officer

WILLIAM ALAN LEMONS

Phone

5416833247

Tax Period

2023-01-01 to 2023-12-31

OLIVE PLAZA, founded in 1977, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023.

Mission

PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

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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 $12,208

Program Service Revenue $1,746,944

Investment Income $36

Other Revenue $0

TOTAL REVENUE $1,759,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $453,885

Fundraising Expenses $0

Program Expenses $1,791,174

Other Expenses $1,463,346

TOTAL EXPENSES $1,917,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,759,188	$1,702,847	+0.0%
Expenses	$1,917,231	$1,485,537	+0.3%
Net Income	$-158,043	$217,310	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
WILLIAM ALAN LEMONS	CHAIR	Officer Director	$0	$0	$0
CATHERINE AMBER	TREASURER	Officer Director	$0	$0	$0
ABBY GERSHENZON	DIRECTOR	Director	$0	$0	$0
LISA MAULDIN	DIRECTOR	Director	$0	$0	$0
MARJORIE M SMITH	DIRECTOR	Director	$0	$0	$0
CYNTHIA SMITH	DIRECTOR	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	No data	No data	No data	No data
2023	$1,759,188	$1,917,231	$6,573,637	$-158,043
2022	$1,702,847	$1,485,537	$6,596,278	$217,310
2021	$1,715,088	$1,466,975	$6,421,456	$248,113
2020	$1,606,417	$1,555,789	$6,200,569	$50,628

OLIVE PLAZA