TRINITY COMMUNITY SERVICES AND EDUCATIONAL FOUNDATION (EIN 383129349) - 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

1993

Legal Domicile

Principal Officer

KEVIN COYNE

Phone

3139654450

Tax Period

2023-01-01 to 2023-12-31

TRINITY COMMUNITY SERVICES AND EDUCATIONAL FOUNDATION, founded in 1993, is a small nonprofit in the Human Services sector that reported $227K in total revenue in fiscal year 2023. Revenue surged 307% from the prior year, signaling strong growth momentum. The organization ran a surplus of $159K, a strong 70% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS, BASED ON ESTABLISHED CRITERIA, TO ELEMENTARY, PRIMARY, & SECONDARY SCHOOL STUDENTS LIVING IN THE CORKTOWN DISTRICT OF DETROIT, MICHIGAN. ALSO, TO SUBSIDIZE THE OPERATIONS OF THE SISTER FRANCES CABRINI HEALTH CLINIC IN THE CORKTOWN DISTRICT OF DETROIT, MICHIGAN.

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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 $1,000

Program Service Revenue $0

Investment Income $225,814

Other Revenue $0

TOTAL REVENUE $226,814

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,800

Other Expenses $61,519

TOTAL EXPENSES $67,519

Year-over-Year Comparison

	2023	2022	Change
Revenue	$226,814	$55,709	+3.1%
Expenses	$67,519	$63,316	+0.1%
Net Income	$159,295	$-7,607	-21.9%

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

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
VINCENT BRENNAN	CHAIRMAN	N/A	Director	$0	$0	$0
DANIEL BUCKLEY	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN COYNE	TREASURER	N/A	Director	$0	$0	$0
KEVIN COYNE	PRESIDENT	N/A	Director	$0	$0	$0
MSGR CHARLES KOSNAKE	DIRECTOR	N/A	Director	$0	$0	$0
PAUL MANION	SECRETARY	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
2023	$226,814	$67,519	$1,622,635	$159,295
2022	$55,709	$63,316	$1,331,321	$-7,607
2021	$87,116	$68,547	$1,636,554	$18,569
2020	$26,462	$60,485	$1,428,582	$-34,023
2019	$62,739	$63,083	$1,226,988	$-344
2018	$326,361	$311,108	$3,168,037	$15,253

TRINITY COMMUNITY SERVICES AND EDUCATIONAL FOUNDATION