THE DURHAM TRINITY CORPORATION (EIN 223121063) - 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

1992

Legal Domicile

Principal Officer

KATHARINE CHASE

Phone

8603985425

Tax Period

2024-01-01 to 2024-12-31

THE DURHAM TRINITY CORPORATION, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $301K in total revenue in fiscal year 2024. Expenses of $358K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE CORPORATION OWNS AND OPERATES 24 UNITS OF RURAL DEVELOPMENT SUBSIDIZED HOUSING FOR THE LOW-INCOME ELDERLY.

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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 $57,450

Program Service Revenue $242,985

Investment Income $308

Other Revenue $0

TOTAL REVENUE $300,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $311,258

Other Expenses $357,520

TOTAL EXPENSES $357,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$300,743	$286,665	+0.0%
Expenses	$357,520	$327,958	+0.1%
Net Income	$-56,777	$-41,293	+0.4%

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

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
KATHARINE CHASE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN DENUNZIO	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LIZ CONROY	SECRETARY	2.00	Officer Director	$0	$0	$0
ANN DOYLE	DIRECTOR	2.00	Director	$0	$0	$0
JOHN HOGARTH	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA KUPCHO	DIRECTOR	2.00	Director	$0	$0	$0
DIANE MOORE	DIRECTOR	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
2024	$300,743	$357,520	$1,961,760	$-56,777
2023	$286,665	$327,958	$2,010,344	$-41,293
2022	$278,858	$321,294	$2,070,678	$-42,436
2021	$265,021	$338,214	$2,124,563	$-73,193
2020	$272,958	$328,306	$2,209,970	$-55,348
2019	$352,685	$322,136	$2,284,479	$30,549
2018	$780,719	$318,330	$2,272,500	$462,389

THE DURHAM TRINITY CORPORATION