TERRIFIC Inc (EIN 521177254) - 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

1975

Legal Domicile

Principal Officer

Debbie Tate

Phone

2022344128

Tax Period

2022-10-01 to 2023-09-30

TERRIFIC Inc, founded in 1975, is a community nonprofit in the Housing & Shelter sector that reported $3.7M in total revenue in fiscal year 2022.

Mission

TERRIFIC Inc's mission is to provide safe affordable housing and comprehensive support services to individuals and families in crisis.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,648,616

Program Service Revenue $57,309

Investment Income $8,763

Other Revenue $71

TOTAL REVENUE $3,714,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,479,334

Fundraising Expenses $0

Program Expenses $2,826,715

Other Expenses $1,434,549

TOTAL EXPENSES $3,913,883

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,714,759	$3,835,238	0.0%
Expenses	$3,913,883	$3,475,219	+0.1%
Net Income	$-199,124	$360,019	-1.6%

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

$107,068

Total Directors

$229,652

Key Employees

$122,584

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joan McCarley	Executive Director	40.00	Director Key Emp Highest	$122,584	$0	$122,584
Debbie Tate	President	40.00	Officer Director Highest	$107,068	$0	$107,068
Juan Smith	Secretary/Treasurer	1.00	Director	$0	$0	$0
Daniel Wilson	Board Member	1.00	Director	$0	$0	$0
Laverte Mathis	Board Member	1.00	Director	$0	$0	$0
Jennifer Joffe	Board Member	1.00	Director	$0	$0	$0
Antonio Hines	Board Member	1.00	Director	$0	$0	$0
Shirelle Howze	Board Member	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
2023	$3,714,759	$3,913,883	$2,265,436	$-199,124
2022	$3,835,238	$3,475,219	$2,611,231	$360,019
2021	$4,125,809	$3,709,299	$2,887,990	$416,510
2020	$4,174,576	$4,308,382	$2,458,551	$-133,806
2019	$5,907,214	$5,919,462	$1,991,922	$-12,248
2018	$5,987,035	$5,178,751	$2,002,805	$808,284

TERRIFIC Inc