TRINITY PARK INC (EIN 381876791) - 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

1968

Legal Domicile

Principal Officer

GLOVETTA WILLIAMS

Phone

7344252730

Tax Period

2023-07-01 to 2024-06-30

TRINITY PARK INC, founded in 1968, is a small nonprofit in the Housing & Shelter sector that reported $251K in total revenue in fiscal year 2023. Net assets of $506K represent 24 months of operating reserves.

Mission

PROVIDE LOW INCOME HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $232,273

Investment Income $20

Other Revenue $18,924

TOTAL REVENUE $251,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,218

Fundraising Expenses $0

Program Expenses $214,083

Other Expenses $214,083

TOTAL EXPENSES $246,301

Year-over-Year Comparison

	2023	2022	Change
Revenue	$251,217	$239,156	+0.1%
Expenses	$246,301	$311,202	-0.2%
Net Income	$4,916	$-72,046	-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
HAROLD J AKINS	SECRETARY	N/A	Officer Director	$0	$0	$0
HOLLIS EVANS	DIRECTOR	N/A	Officer Director	$0	$0	$0
MAURICE FLANIKEN	DIRECTOR	N/A	Director	$0	$0	$0
WALTER E REDDING III	VICE-PRESIDE	N/A	Director	$0	$0	$0
ELLIS MARTIN	TREASURER	N/A	Officer Director	$0	$0	$0
HERBERT MYLES	DIRECTOR	N/A	Director	$0	$0	$0
GLOVETTA WILLIAMS	PRESIDENT	N/A	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	No data	No data	No data	No data
2024	$251,217	$246,301	$525,289	$4,916
2023	$239,156	$311,202	$523,452	$-72,046
2022	$234,349	$242,359	$583,906	$-8,010
2021	$231,533	$223,106	$596,788	$8,427
2020	$225,180	$216,334	$590,874	$8,846
2019	$224,045	$293,864	$581,277	$-69,819

TRINITY PARK INC