KING SOLOMON TRIANGLE CLUB INC (EIN 112984983) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

JAY DANIELS

Phone

6094957471

Tax Period

2021-07-01 to 2022-06-30

KING SOLOMON TRIANGLE CLUB INC, founded in 1989, is a micro nonprofit that reported $46K in total revenue in fiscal year 2021. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 19% operating margin.

Mission

THE ASSOCIATION PROVIDES BURIAL PLOTS TO ITS MEMBERS AND PAYS A SURVIVOR'S DEATH BENEFIT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,935

Investment Income $38,452

Other Revenue $0

TOTAL REVENUE $46,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,700

Fundraising Expenses $0

Other Expenses $7,811

TOTAL EXPENSES $37,511

Year-over-Year Comparison

	2021	2020	Change
Revenue	$46,387	$29,083	+0.6%
Expenses	$37,511	$32,459	+0.2%
Net Income	$8,876	$-3,376	-3.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$26,825

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN HOFFMAN	PRESIDENT	5.00	Officer	$6,125	$0	$6,125
JOEL BERGENFELD	SECRETARY	30.00	Officer	$7,500	$0	$7,500
ARTHUR AMATO	TREASURER	5.00	Officer	$4,200	$0	$4,200
JAY DANIELS	VICE PRESIDENT	30.00	Officer	$9,000	$0	$9,000
SEYMOUR N BOCHNER	TRUSTEE	2.00	Director	$0	$0	$0
DAVID GOLDSTEIN	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT WRANA	TRUSTEE	2.00	Director	$0	$0	$0
ALEX NEEDLEMAN	TRUSTEE	2.00	Director	$0	$0	$0
DAVID WALFISH	TRUSTEE	2.00	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
2022	$46,387	$37,511	$376,741	$8,876
2021	$29,083	$32,459	$367,864	$-3,376
2020	$44,290	$37,353	$371,240	$6,937
2019	$28,659	$37,022	$364,303	$-8,363

KING SOLOMON TRIANGLE CLUB INC