LEXINGTON, KY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)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.
THE TRIANGLE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDING FUNDS TO CREATE PUBLIC SPACES FOR THE BENEFIT OF LEXINGTON'S COMMUNITY AND VISITORS. THESE SPACES BEAUTIFY AND PROMOTE RICH KENTUCKY HERITAGE AND PROVIDE PUBLIC GATHERING SPACES FOR A WEALTH OF EVENTS. TRIANGLE PARK. THE FOUNDATION'S FIRST AND MOST ENDURING PARK IN DOWNTOWN LEXINGTON. THIS FACILITY HAS BEEN ONE OF THE CENTERS BRINGING DOWNTOWN LEXINGTON BACK TO LIFE. EDGED BY A BEAUTIFUL AND UNIQUE STEPPED FOUNTAIN, THE PARK PROVIDES PUBLIC SPACE FOR NUMEROUS PUBLIC ACTIVITIES, INCLUDING FREE FRIDAY OUTDOOR MOVIES IN THE SUMMER AND ICE SKATING IN THE WINTER, PUBLIC SEATING FOR OUTDOOR DINING FROM LOCAL EATERIES YEAR-ROUND, MUSIC AND THEATRICAL PRODUCTIONS, YOGA, OPEN-AIR ART CLASSES AND OTHER PUBLIC EVENTS. THOROUGHBRED PARK. A 2.75 ACRE PARK LOCATED AT THE EDGE OF DOWNTOWN NEAR LEXINGTON'S FIRST RACETRACK, THIS PARK CONTAINS TWELVE BRONZE STATUES PAYING TRIBUTE TO VARIOUS ASPECTS OF KENTUCKY'S THOROUGHBRED HERITAGE. INCLUDED ARE "THE MEADOW," WHERE BRONZE MARES AND FOALS "FROLIC", PROVIDING GREENSPACE AND WALKING PATHS FOR VISITORS TO ENJOY OUTDOOR SPACES; "THE TRACK" WITH SEVEN LIFE-SIZE BRONZE STATUTES OF THOROUGHBREDS AND JOCKEYS "RACING" TO THE FINISH LINE; AND "THE WINNER'S CIRCLE" WITH TWO THOROUGHBREDS NECK AND NECK AT THE FINISH LINE, PROVIDING VISITORS WITH A LARGE FLOWER BED AND POOL WITH FOUNTAIN. EQUESTRIAN PARK AT BLUEGRASS AIRPORT. LIFE-SIZE SCULPTURES OF HORSES OCCUPY THREE WALKING RINGS THAT REPLICATE KEENELAND'S PADDOCK WELCOME VISITORS TO THE THOROUGHBRED CAPITAL OF THE WORLD AND HAS SOFTENED THE HARDSCAPE OF THE AIRPORT SIGNIFICANTLY. WOODLAND SKATEBOARD PARK. WOODLAND PARK IS ONE OF LEXINGTON'S OLDEST PARKS, HOME TO NUMEROUS ACTIVITIES FOR VISITORS TO ENGAGE IN AND HOST TO NUMEROUS VISUAL ARTS, LOCAL CRAFTS, RECREATION FACILITIES AND THEATRICAL EVENTS. IN 1999, THE TRIANGLE FOUNDATION BROUGHT 12,000 SQUARE FEET OF RAMPS, PLATFORMS, BOWLS, AND PIPES FOR BOTH AMATEURS AND PROFESSIONALS TO ENJOY AT NO COST. SECRETARIAT. A LARGER-THAN-LIFE STATUE OF THE FAMED RACEHORSE SECRETARIAT STANDS AT THE GATEWAY BETWEEN LEXINGTON'S CORE AND ITS TRADEMARK HORSE FARMS. THESE SPACES ARE PRIMARILY MAINTAINED BY LOCAL GOVERNMENT OR QUASI-GOVERNMENTAL ENTITIES WITH THE TRIANGLE FOUNDATION PROVIDING ADDITIONAL FUNDS AS NEEDED. SIGNIFICANT REPAIRS AND/OR NEEDED RENOVATIONS ARE FREQUENTLY FUNDED BY THE TRIANGLE FOUNDATION TO ENSURE THAT THESE PARKS REMAIN AVAILABLE TO THE PUBLIC FOR MANY YEARS TO COME.
MAINTENANCE OF TRIANGLE PARK AND THOROUGHBRED PARK.
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%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare THE TRIANGLE FOUNDATION INC with other nonprofits in Kentucky and across the country.