FRIENDS OF OASIS

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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

MICHAEL ZIMMERMAN

Phone

9497181800

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF OASIS, founded in 1977, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $840K, a strong 55% operating margin.

Mission

THE ORGANIZATION PROVIDES FINANCIAL & VOLUNTEER SUPPORT TO THE OASIS SENIOR CENTER. ITS GOAL IS TO ASSIST IN GIVING SENIORS THE OPPORTUNITY TO LIVE HEALTHY, ACTIVE AND PRODUCTIVE LIVES.

Program Service Accomplishments

Program 1

Expenses: $356,656 Revenue: $72,417

FRIENDS OF OASIS ALSO OFFERS ADDITIONAL SENIOR ACTIVITIES SUCH AS CITY ACTIVITIES, SAILING CLUB, FRIENDS ACTIVITIES, GENERAL GATHERING, PANCAKE BREAKFAST, AND RUMMAGE SALE. GENERAL FINANCIAL AND...

FRIENDS OF OASIS ALSO OFFERS ADDITIONAL SENIOR ACTIVITIES SUCH AS CITY ACTIVITIES, SAILING CLUB, FRIENDS ACTIVITIES, GENERAL GATHERING, PANCAKE BREAKFAST, AND RUMMAGE SALE. GENERAL FINANCIAL AND VOLUNTEER SUPPORT EXPENSES FOR THE NEWPORT BEACH OASIS SENIOR CENTER.

Program 2

Expenses: $95,198 Revenue: $85,156

FRIENDS OF OASIS SPONSORS TRAVEL ARRANGEMENTS FOR SENIORS WHICH PROVIDES TRAVEL OPPORTUNITIES FOR SENIORS.

Program 3

Expenses: $62,511 Revenue: $0

THE SCHOLARSHIP PROGRAM WAS INITIATED AT THE END OF FINANCIAL YEAR 2022. THIS PROGRAM HELPS PROVIDE FINANCIAL SUPPORT AND ENCOURAGE EVERYONE TO FURTHER THEIR EDUCATION TO PROVIDE FOR SENIORS'...

THE SCHOLARSHIP PROGRAM WAS INITIATED AT THE END OF FINANCIAL YEAR 2022. THIS PROGRAM HELPS PROVIDE FINANCIAL SUPPORT AND ENCOURAGE EVERYONE TO FURTHER THEIR EDUCATION TO PROVIDE FOR SENIORS' PROBLEMS RESULTING FROM AGING.

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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 $1,245,151

Program Service Revenue $157,573

Investment Income $77,985

Other Revenue $55,311

TOTAL REVENUE $1,536,020

Expense Breakdown

Grants Paid $62,511

Salaries & Benefits $172,362

Fundraising Expenses $4,990

Program Expenses $514,365

Other Expenses $461,131

TOTAL EXPENSES $696,004

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,536,020	$748,722	+1.1%
Expenses	$696,004	$647,475	+0.1%
Net Income	$840,016	$101,247	+7.3%

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

100

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZIMMERMAN MIKE	PRESIDENT	5.00	Officer Director	$0	$0	$0
STEWART KATHY	VP, OPS	5.00	Officer Director	$0	$0	$0
HOWALD WALT	VP, CA	5.00	Officer Director	$0	$0	$0
WALKERKAY	VP, DEV	5.00	Officer Director	$0	$0	$0
WEHRLEN PAUL	SECRETARY	5.00	Officer Director	$0	$0	$0
MILBERT BARBARA	TREASURER	5.00	Officer Director	$0	$0	$0
BRENNER JOY	DIRECTOR	5.00	Director	$0	$0	$0
COOPER JUDY	DIRECTOR	5.00	Director	$0	$0	$0
MOORE DEBRA	DIRECTOR	5.00	Director	$0	$0	$0
PIERCE KELLY	DIRECTOR	5.00	Director	$0	$0	$0
ROBERTS KATHY	DIRECTOR	5.00	Director	$0	$0	$0
SLOATE BARBARA	DIRECTOR	5.00	Director	$0	$0	$0
SPIVEY JIM	DIRECTOR	5.00	Director	$0	$0	$0
UPTON JEFF	DIRECTOR	5.00	Director	$0	$0	$0
ZEBALLOS ABEL	DIRECTOR	5.00	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	$1,536,020	$696,004	$2,854,274	$840,016
2024	No data	No data	No data	No data
2023	$827,645	$672,964	$1,825,220	$154,681
2022	$499,930	$570,699	$1,589,100	$-70,769
2021	$586,263	$437,647	$1,786,020	$148,616
2020	$534,212	$506,668	$1,647,633	$27,544
2019	$666,623	$553,538	$1,632,364	$113,085
2018	$628,552	$562,823	$1,519,451	$65,729
2018	$633,760	$548,080	$1,515,299	$85,680