REMEMBER THE TRIANGLE FIRE COALITION INC (EIN 455137219) - 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

2012

Legal Domicile

Principal Officer

MARGARET BROWNE

Phone

9174281089

Tax Period

2024-01-01 to 2024-12-31

REMEMBER THE TRIANGLE FIRE COALITION INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $193K in total revenue in fiscal year 2024. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $221K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE ORGANIZATION EDUCATES THE PUBLIC ABOUT THE TRIANGLE SHIRTWAIST FACTORY FIRE.

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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 $180,267

Program Service Revenue $0

Investment Income $12,550

Other Revenue $0

TOTAL REVENUE $192,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,000

Fundraising Expenses $0

Program Expenses $157,641

Other Expenses $162,672

TOTAL EXPENSES $220,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$192,817	$824,123	-0.8%
Expenses	$220,672	$947,263	-0.8%
Net Income	$-27,855	$-123,140	-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

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

$58,000

Total Directors

$58,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY ANNE TRASCIATTI	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROSE IMPERATO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOEL SOSINSKY	SECRETARY	1.00	Officer Director	$0	$0	$0
MARGARET BROWNE	TREASURER/PROJECT FINANCIA	5.00	Officer Director	$58,000	$0	$58,000
SHERRY KANE	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE PRED BASS	DIRECTOR	1.00	Director	$0	$0	$0
LOIS EVANS	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL LEVINSON WILK	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BAKER	DIRECTOR	1.00	Director	$0	$0	$0
EDGAR ROMNEY SR	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT ALVAREZ	DIRECTOR	1.00	Director	$0	$0	$0
LINDA STAGNO	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN ABRAMOWITZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN BERSON	DIRECTOR	1.00	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
2024	$192,817	$220,672	$411,037	$-27,855
2023	$824,123	$947,263	$418,162	$-123,140
2022	$876,031	$774,570	$261,713	$101,461
2021	$430,328	$389,069	$160,252	$41,259
2019	$443,354	$167,994	$326,701	$275,360

REMEMBER THE TRIANGLE FIRE COALITION INC