TRI CYCLE FARMS INC (EIN 465142044) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

KELLY BASSEMIER

Phone

4799660572

Tax Period

2023-01-01 to 2023-12-31

Tri Cycle Farms Inc, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $500K in total revenue in fiscal year 2018. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $427K left a modest 15% surplus.

Mission

PROMOTING FOOD SECURITY THROUGH FOOD RECOVERY AND COMMUNITY GARDENING.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $504,865

Program Service Revenue $0

Investment Income $1,603

Other Revenue $0

TOTAL REVENUE $506,468

Expense Breakdown

Grants Paid $340,048

Salaries & Benefits $94,177

Fundraising Expenses $3,414

Program Expenses $398,204

Other Expenses $72,083

TOTAL EXPENSES $506,308

Year-over-Year Comparison

	2023	2022	Change
Revenue	$506,468	$532,635	0.0%
Expenses	$506,308	$486,553	+0.0%
Net Income	$160	$46,082	-1.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

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
KELLY BASSEMIER	DIRECTOR	N/A	Officer Director	$0	$0	$0
DIANE CHEN	SECRETARY	N/A	Director	$0	$0	$0
ASHLEY STONE	PRESIDENT	N/A	Director	$0	$0	$0
JUSTIN TAYLOR	VICE PRESIDE	N/A	Director	$0	$0	$0
CHERRY BENNETT	TREASURER	N/A	Director	$0	$0	$0
ERICA LATTANZIO	DIRECTOR	N/A	Director	$0	$0	$0
LAURA FLORICK	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$506,468	$506,308	$332,249	$160
2022	$532,635	$486,553	$326,100	$46,082
2021	$748,912	$772,934	$285,584	$-24,022
2020	$512,777	$528,753	$312,802	$-15,976
2019	$521,269	$384,979	$332,805	$136,290
2018	$499,928	$426,877	$281,028	$73,051

TRI CYCLE FARMS INC