ON LOK HOUSE INC (EIN 942326678) - 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

1975

Legal Domicile

Principal Officer

GRACE LI

Phone

4152928888

Tax Period

2024-07-01 to 2025-06-30

ON LOK HOUSE INC, founded in 1975, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.3M exceeded revenue, resulting in a 27% operating deficit.

Mission

HOUSING FOR FRAIL, LOW-INCOME, ELDERLY PERSONS.

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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 $1,186,456

Program Service Revenue $600,137

Investment Income $4,255

Other Revenue $0

TOTAL REVENUE $1,790,848

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,133,357

Other Expenses $2,277,525

TOTAL EXPENSES $2,277,525

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,790,848	$1,590,552	+0.1%
Expenses	$2,277,525	$2,139,377	+0.1%
Net Income	$-486,677	$-548,825	-0.1%

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

$1,272,527

Total Directors

$703,789

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE LI	CHIEF EXECUTIVE OFFICER	1.00	Officer Director	$0	$36,664	$703,789
KEVIN HINRICHS	CHAIR	0.50	Officer Director	$0	$0	$0
MIKE NEUMANN	VICE CHAIR	0.50	Officer Director	$0	$0	$0
TERESA LIU	SECRETARY	0.50	Officer Director	$0	$0	$0
GREGORY CHUN	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT JENKINS	CFO (START 9/2024)	1.00	Officer	$0	$23,539	$215,302
CARL GERLACH	CFO (THRU 9/2024)	1.00	Officer	$0	$2,856	$353,436

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	$1,790,848	$2,277,525	$5,724,509	$-486,677
2024	$1,590,552	$2,139,377	$6,063,201	$-548,825
2023	$1,556,814	$2,043,046	$6,671,653	$-486,232
2022	$1,948,000	$1,775,898	$7,047,221	$172,102
2021	$1,406,059	$1,908,824	$7,005,312	$-502,765
2020	$1,968,857	$1,732,100	$7,532,854	$236,757
2019	$1,408,178	$1,666,787	$7,465,856	$-258,609
2018	$1,427,223	$1,448,226	$7,955,780	$-21,003

ON LOK HOUSE INC