THE TRIANGLE FOUNDATION INC (EIN 310988403) - 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

1980

Legal Domicile

Principal Officer

STEPHEN L GROSSMAN

Phone

8593380369

Tax Period

2024-06-01 to 2025-05-31

THE TRIANGLE FOUNDATION INC, founded in 1980, is a small nonprofit in the Recreation & Sports sector that reported $569K in total revenue in fiscal year 2024. Revenue surged 291% from the prior year, signaling strong growth momentum. The organization ran a surplus of $327K, a strong 57% operating margin.

Mission

SUPPORT PROJECTS THAT BEAUTIFY AND PROMOTE THE RICH KENTUCKY HERITAGE.

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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 $28,000

Program Service Revenue $0

Investment Income $541,496

Other Revenue $0

TOTAL REVENUE $569,496

Expense Breakdown

Grants Paid $11,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $219,229

Other Expenses $231,278

TOTAL EXPENSES $242,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$569,496	$145,519	+2.9%
Expenses	$242,528	$218,442	+0.1%
Net Income	$326,968	$-72,923	-5.5%

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
MR EDWARD S BARR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MR STEPHEN L GROSSMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MR DOUGLAS DEAN	TREASURER	0.50	Officer Director	$0	$0	$0
MR HERBERT A MILLER JR	SECRETARY	0.20	Officer Director	$0	$0	$0
MR HEADLEY BELL	DIRECTOR	0.20	Director	$0	$0	$0
MR STEVEN H CALLER	DIRECTOR	0.20	Director	$0	$0	$0
MS ELLEN CHAPMAN	DIRECTOR	0.20	Director	$0	$0	$0
MR WILLIAM ROUSE III	DIRECTOR	0.20	Director	$0	$0	$0
MR WILLIAM T YOUNG JR	DIRECTOR	0.20	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	$569,496	$242,528	$20,778,731	$326,968
2024	$145,519	$218,442	$19,078,881	$-72,923
2023	$101,629	$193,763	$16,710,801	$-92,134
2022	$128,653	$131,360	$17,299,238	$-2,707
2021	$103,978	$97,494	$17,588,938	$6,484
2021	$103,978	$97,494	$17,588,938	$6,484
2020	$383,712	$94,869	$13,945,046	$288,843
2019	$108,881	$163,957	$13,926,164	$-55,076

THE TRIANGLE FOUNDATION INC