TRIANGLE INC

EIN: 042486905 501(c)(3)

MALDEN, MA

Total Revenue
$17,066,196
Total Expenses
$14,908,228
Total Assets
$13,784,127
Net Assets
$6,688,847
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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MA
Principal Officer
RACHEL KAPRIELIAN JD MP
Phone
6173220400
Tax Period
2024-07-01 to 2025-06-30

TRIANGLE INC, founded in 1970, is a mid-sized nonprofit that reported $17.1M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $14.9M left a modest 13% surplus.

Mission

THROUGH SUPPORT, CHALLENGE AND OPPORTUNITY, TRIANGLE EMPOWERS PEOPLE WITH DISABILITIES AND THEIR FAMILIES TO ENJOY RICH, FULFILLING LIVES. WE ARE COMMITTED TO HELPING THE WORLD RECOGNIZE THAT WE ARE ALL PEOPLE WITH ABILITY.

Program Service Accomplishments

Program 1
Expenses: $6,368,721 Revenue: $7,483,376

RESIDENTIAL SERVICES:THE ORGANIZATION OPERATES NINE RESIDENTIAL HOMES IN METRO NORTH AND NORTH SHORE COMMUNITIES THAT PROVIDE LOVING, CARING, AND NURTURING SUPPORT TO 43 INDIVIDUALS. TRIANGLE, INC...

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RESIDENTIAL SERVICES:THE ORGANIZATION OPERATES NINE RESIDENTIAL HOMES IN METRO NORTH AND NORTH SHORE COMMUNITIES THAT PROVIDE LOVING, CARING, AND NURTURING SUPPORT TO 43 INDIVIDUALS. TRIANGLE, INC. HAS DECADES OF EXPERIENCE IN BUILDING A FAMILY ATMOSPHERE IN EACH HOME, WHILE PROVIDING EACH PERSON WITH INDIVIDUALIZED OPPORTUNITIES TO EXPLORE THEIR OWN INTERESTS AND ACTIVITIES IN THE COMMUNITY.

Program 2
Expenses: $1,435,258 Revenue: $1,524,897

COMMUNITY-BASED DAY SERVICES & SUPPORTED EMPLOYMENT:TRIANGLE, INC. OPERATES THREE DAY SERVICES PROGRAMS IN MALDEN, RANDOLPH, AND SALEM. THESE PROGRAMS PROVIDE GROUP SUPPORTED EMPLOYMENT, INDIVIDUAL...

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COMMUNITY-BASED DAY SERVICES & SUPPORTED EMPLOYMENT:TRIANGLE, INC. OPERATES THREE DAY SERVICES PROGRAMS IN MALDEN, RANDOLPH, AND SALEM. THESE PROGRAMS PROVIDE GROUP SUPPORTED EMPLOYMENT, INDIVIDUAL SUPPORTED EMPLOYMENT, AND COMMUNITY-BASED DAY SERVICES (CBDS) TO ADULTS AND STUDENTS WITH DISABILITIES IN PARTNERSHIP WITH THE DEPARTMENT OF DEVELOPMENTAL SERVICES AND LOCAL SCHOOL DISTRICTS. TRIANGLE, INC.'S DAY SERVICES PLACE A STRONG EMPHASIS ON COMMUNITY-BASED EMPLOYMENT, GIVING ALL PARTICIPANTS AN OPPORTUNITY TO EARN A PAYCHECK.

Program 3
Expenses: $4,002,954 Revenue: $5,630,127

WORKFORCE DEVELOPMENT & CAREER SERVICES:TRIANGLE, INC. WORKS WITH INDIVIDUAL JOB SEEKERS AND INCLUSIVE EMPLOYERS TO CREATE WIN-WIN JOB PLACEMENTS THROUGHOUT EASTERN MASSACHUSETTS. THE ORGANIZATION'S...

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WORKFORCE DEVELOPMENT & CAREER SERVICES:TRIANGLE, INC. WORKS WITH INDIVIDUAL JOB SEEKERS AND INCLUSIVE EMPLOYERS TO CREATE WIN-WIN JOB PLACEMENTS THROUGHOUT EASTERN MASSACHUSETTS. THE ORGANIZATION'S EMPLOYMENT SPECIALISTS ARE EXPERTS IN PROVIDING SKILLS AND INTEREST ASSESSMENTS, JOB SEARCH ASSISTANCE, INTERVIEW PREP AND COACHING, AND, ONCE PLACED, ONGOING EMPLOYMENT SUPPORTS TO BOTH YOUTH AND ADULTS. THE ORGANIZATION ALSO OFFERS CREDENTIAL TRAINING PROGRAMS FOR INDIVIDUALS ENTERING COMPETITIVE GROWTH INDUSTRIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,134,821
Program Service Revenue $14,748,537
Investment Income $250,146
Other Revenue $-67,308
TOTAL REVENUE $17,066,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,960,162
Fundraising Expenses $652,130
Program Expenses $12,034,839
Other Expenses $4,948,066
TOTAL EXPENSES $14,908,228

Year-over-Year Comparison

2024 2023 Change
Revenue $17,066,196 $13,116,924 +0.3%
Expenses $14,908,228 $13,948,674 +0.1%
Net Income $2,157,968 $-831,750 -3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
358
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
7
$442,479
Total Directors
11
$58,635
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLEMAN NEE FORMER CEO - AS OF 12/31/24 40.00
$233,270 $417 $233,687
MICHAEL MASTASCUSA CHIEF FINANCIAL OFFICER 40.00
Officer
$223,557 $698 $224,255
DREW WARREN CHIEF PROGRAM OFFICER 40.00
Officer
$158,910 $679 $159,589
MELISSA RUSSELL STROUT CHIEF INTEGRITY OFFICER 40.00
Highest
$130,947 $8,896 $139,843
JOHN VANBEEK KAISER CHIEF OF ADVANCEMENT & COM 40.00
Highest
$136,868 $679 $137,547
SHANTAL GIORDONO HUMAN RESOURCE DIRECTOR 40.00
Highest
$107,724 $22,571 $130,295
RACHEL CLODGO SENIOR ACCOUNTANT ADMINISTRATOR 40.00
Highest
$116,454 $10,470 $126,924
COREY GRANT CHIEF OF WORKFORCE INITIATIVES 40.00
Highest
$102,976 $8,678 $111,654
RACHEL KAPREILIAN CEO - AS OF 9/23/24 40.00
Officer Director
$58,635 $0 $58,635
RACHEL KAPREILIAN VP/DIR - AS OF 9/22/24 2.00
Officer Director
$0 $0 $0
MICHAEL MORAN PRESIDENT 2.00
Officer Director
$0 $0 $0
MARK D'OLIVEIRA CLERK 2.00
Officer Director
$0 $0 $0
ROBERT PERRY TREASURER 2.00
Officer Director
$0 $0 $0
JESSICA BLACK DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN DICCAIRANO ESQ DIRECTOR 0.50
Director
$0 $0 $0
PAUL DONATO DIRECTOR 2.00
Director
$0 $0 $0
DAVID GORDON DIRECTOR 0.50
Director
$0 $0 $0
HENRI SOUCY DIRECTOR 2.00
Director
$0 $0 $0
AMY WEINSTOCK DIRECTOR 0.50
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 $17,066,196 $14,908,228 $13,784,127 $2,157,968
2024 $13,116,924 $13,948,674 $10,688,977 $-831,750
2023 $11,311,000 $12,529,891 $11,383,498 $-1,218,891
2022 $11,643,804 $11,669,796 $7,569,693 $-25,992
2021 $11,337,493 $9,849,913 $7,418,495 $1,487,580
2020 $10,755,074 $10,887,485 $6,979,761 $-132,411
2019 $12,655,471 $10,064,334 $5,466,659 $2,591,137
2018 $10,274,579 $10,416,148 $3,272,013 $-141,569
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