TRINITY CHARITIES INC (EIN 274754693) - 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

2011

Legal Domicile

Principal Officer

OLAWALE AKINOSUN

Phone

8472644660

Tax Period

2025-01-01 to 2025-12-31

TRINITY CHARITIES INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $232K in total revenue in fiscal year 2018. Revenue decreased 15% compared to the prior year. Expenses of $299K exceeded revenue, resulting in a 29% operating deficit.

Mission

To impact lives and make the world a better place through various social reformative programs focused on child and family

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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 (2025)

Revenue Breakdown

Contributions & Grants $113,473

Program Service Revenue $796,951

Investment Income $0

Other Revenue $0

TOTAL REVENUE $910,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $912,914

Other Expenses $912,914

TOTAL EXPENSES $912,914

Year-over-Year Comparison

	2025	2024	Change
Revenue	$910,424	$740,715	+0.2%
Expenses	$912,914	$751,398	+0.2%
Net Income	$-2,490	$-10,683	-0.8%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
OLUGBENGA ODUSOTE	President	Officer	$0	$0	$0
OLAWALE AKINOSUN	Director	Officer	$0	$0	$0
FOLUKE AKINOSUN	Director	Officer	$0	$0	$0
NNEOMA OKEKE	Secretary	Officer	$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	$910,424	$912,914	$12,805	$-2,490
2024	No data	No data	No data	No data
2023	$649,293	$645,171	$27,314	$4,122
2021	$675,773	$673,203	$26,790	$2,570
2020	$853,803	$903,679	$29,819	$-49,876
2018	$232,274	$298,733	$104,141	$-66,459

TRINITY CHARITIES INC