TRIANGLE CLUB INC (EIN 222533853) - 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

1988

Legal Domicile

Principal Officer

THOMAS MCGERVEY

Phone

6037429803

Tax Period

2024-11-01 to 2025-10-31

TRIANGLE CLUB INC, founded in 1988, is a small nonprofit that reported $358K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Net assets of $908K represent 30 months of operating reserves.

Mission

OUR MISSION IS TO PROMOTE THE SPIRITUAL, PHYSICAL & MENTAL HEALTH OF PEOPLE IN RECOVERY FROM ADDICTION TO ALCOHOL, HEROIN, AND OTHER SUBSTANCES, AND TO PROVIDE A SAFE PLACE FOR THOSE WHO ACKNOWLEDGE THAT STAYING SUBSTANCE-FREE IS OF PRIMARY IMPORTANCE.

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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 $168,575

Program Service Revenue $0

Investment Income $10,489

Other Revenue $179,371

TOTAL REVENUE $358,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,101

Fundraising Expenses $17,320

Program Expenses $280,595

Other Expenses $173,978

TOTAL EXPENSES $362,079

Year-over-Year Comparison

	2024	2023	Change
Revenue	$358,435	$303,707	+0.2%
Expenses	$362,079	$248,655	+0.5%
Net Income	$-3,644	$55,052	-1.1%

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

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
MARYBETH SCHOFIELD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DARREN RAMSDEN	SECRETARY	N/A	Officer Director	$0	$0	$0
FRANCIS X BRUTON ESQ	ADVISOR	N/A	Director	$0	$0	$0
SAMAI KATHRYN KNIGHT	ADVISOR	N/A	Director	$0	$0	$0
ALEX BLUMENFELD	ADVISOR	N/A	Director	$0	$0	$0
HEATHER BLUMENFELD	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
MIKE TONER	TREASURER	N/A	Officer Director	$0	$0	$0
MICHELE SMALL	ADVISOR	N/A	Director	$0	$0	$0
THOMAS MCGERVEY	PRESIDENT	N/A	Officer Director	$0	$0	$0
TREVOR GATCOMB	ASSISTANT DI	N/A	Officer 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	$358,435	$362,079	$954,425	$-3,644
2024	$303,707	$248,655	$970,480	$55,052
2023	$208,091	$251,691	$858,482	$-43,600
2022	$249,374	$210,887	$907,533	$38,487
2021	$224,526	$204,848	$945,290	$19,678
2020	$345,363	$202,401	$914,543	$142,962
2019	$280,723	$195,871	$749,494	$84,852

TRIANGLE CLUB INC