TRIANGLE LIGHTNINGINC (EIN 010562689) - 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

2002

Legal Domicile

Principal Officer

JODY CHAMBLEE

Phone

9193693508

Tax Period

2024-01-01 to 2024-12-31

TRIANGLE LIGHTNINGINC, founded in 2002, is a micro nonprofit in the Recreation & Sports sector that reported $40K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 19% operating deficit.

Mission

IT'S THE MISSION OF TRIANGLE LIGHTNING TO CULTIVATE AN ENVIRONMENT THAT DEVELOPS YOUNG LADIES BOTH ON AND OFF THE FIELD. WE ARE DEDICATED TO THE IDEA OF INSPIRING OUR PLAYERS RATHER THAN INTIMIDATING AND MANIPULATING THEM. SOFTBALL IS THE PODIUM WE USE TO SHAPE THE LIVES OF THE YOUNG LADIES WE ARE PRIVILEGED TO COACH. WE BELIEVE A CULTURE BUILT ON INTEGRITY, SPORTSMANSHIP, HARD WORK, RESPECT, AND SERVANT LEADERSHIP WILL DEVELOP CHARACTER-DRIVEN PLAYERS AND PREPARE THEM TO BE " LEADERS FOR LIFE".

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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 $32,656

Program Service Revenue $0

Investment Income $0

Other Revenue $6,954

TOTAL REVENUE $39,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,657

Other Expenses $46,981

TOTAL EXPENSES $46,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,610	$136,017	-0.7%
Expenses	$46,981	$121,830	-0.6%
Net Income	$-7,371	$14,187	-1.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JODY CHAMBLEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA CHAMBLEE	TREASURER	5.00	Officer Director	$0	$0	$0
KIMBERLEY VARDY	SECRETARY	8.00	Officer Director	$0	$0	$0
BRIAN HARRIS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TIM MOOSE	DIRECTOR	N/A	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	$39,610	$46,981	$15,322	$-7,371
2023	$136,017	$121,830	$22,693	$14,187
2022	$46,149	$51,380	$8,506	$-5,231
2021	$37,186	$31,816	$13,737	$5,370
2020	$19,256	$13,161	$8,367	$6,095
2019	$15,673	$21,284	$2,272	$-5,611
2018	$19,961	$22,402	$9,935	$-2,441

TRIANGLE LIGHTNINGINC