Trinity Restoration Inc (EIN 050502019) - 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

1998

Legal Domicile

Principal Officer

Richardson Ogidan

Phone

4012283630

Tax Period

2023-01-01 to 2023-12-31

Trinity Restoration Inc, founded in 1998, is a small nonprofit in the Human Services sector that reported $791K in total revenue in fiscal year 2023. Revenue surged 178% from the prior year, signaling strong growth momentum. The organization ran a surplus of $517K, a strong 65% operating margin.

Mission

Community development and restoration

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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 $715,150

Program Service Revenue $76,050

Investment Income $39

Other Revenue $0

TOTAL REVENUE $791,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,720

Fundraising Expenses $0

Program Expenses $195,145

Other Expenses $207,224

TOTAL EXPENSES $273,944

Year-over-Year Comparison

	2023	2022	Change
Revenue	$791,239	$284,992	+1.8%
Expenses	$273,944	$248,412	+0.1%
Net Income	$517,295	$36,580	+13.1%

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

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

$34,120

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Allen Baxter	President	1.00	Officer Director	$0	$0	$0
Ron Crosson II	1st Vice President	1.00	Officer Director	$0	$0	$0
Anne Tait	Secretary	1.00	Officer Director	$0	$0	$0
BJ Murray	Board member	0.50	Director	$0	$0	$0
Venson Jordan	Board member	0.50	Director	$0	$0	$0
Alonzo Jones	Board member	0.50	Director	$0	$0	$0
Ann Clanton	Board member	0.50	Director	$0	$0	$0
Peter Bortolotti	Treasurer	0.50	Officer Director	$0	$0	$0
Chance Boas	Board member	0.50	Director	$0	$0	$0
Fabiola Brunache	Board member	0.50	Director	$0	$0	$0
Laura Gabiger	Board member	0.50	Director	$0	$0	$0
Ed Cabral	Board member	0.50	Director	$0	$0	$0
Marta Martinez	Board member	0.50	Director	$0	$0	$0
Richardson Ogidan	Executive director	40.00	Officer	$34,120	$0	$34,120

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	$791,239	$273,944	$1,285,040	$517,295
2022	$284,992	$248,412	$936,634	$36,580
2021	$332,590	$218,868	$713,825	$113,722
2020	$422,952	$254,928	$601,612	$168,024
2019	$266,437	$243,303	$330,846	$23,134
2018	$265,159	$247,426	$338,025	$17,733

Trinity Restoration Inc