TRI-COUNTY INDUSTRIES INC (EIN 560859662) - 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

1966

Legal Domicile

Principal Officer

MARGARET SHARPE

Phone

2529773800

Tax Period

2024-07-01 to 2025-06-30

TRI-COUNTY INDUSTRIES INC, founded in 1966, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $3.5M left a modest 11% surplus.

Mission

TCI IS DEDICATED TO MAKING A POSITIVE IMPACT ON THE LIVES OF THOSE WHO HAVE DIABILITIES OR DISADVANTAGES BY PROVIDING WORK ASSESSMENT, JOB TRAINING AND JOB PLACEMENT SERVICES.

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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 $2,491,009

Program Service Revenue $1,261,878

Investment Income $84,490

Other Revenue $35,345

TOTAL REVENUE $3,872,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,138,398

Fundraising Expenses $0

Program Expenses $2,579,390

Other Expenses $1,327,575

TOTAL EXPENSES $3,465,973

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,872,722	$4,869,263	-0.2%
Expenses	$3,465,973	$3,273,520	+0.1%
Net Income	$406,749	$1,595,743	-0.7%

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

152

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

$101,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARET SHARPE	PRESIDENT	36.00	Officer	$101,250	$0	$101,250
KRISTEENA BEASLEY	SECRETARY	N/A	Officer Director	$0	$0	$0
DIANNA CLARK	TREASURER	N/A	Officer Director	$0	$0	$0
GUSTY COATS	CHAIR	N/A	Officer 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	$3,872,722	$3,465,973	$7,593,400	$406,749
2024	$4,869,263	$3,273,520	$6,598,063	$1,595,743
2023	$2,759,644	$2,736,965	$4,343,580	$22,679
2022	$2,747,218	$2,275,065	$4,090,641	$472,153
2021	$3,832,821	$2,921,178	$4,445,060	$911,643
2021	$4,296,291	$2,475,999	$4,445,060	$1,820,292
2020	$3,299,227	$3,166,206	$3,991,691	$133,021
2019	$3,723,576	$3,380,838	$3,242,394	$342,738
2018	$3,452,376	$3,261,333	$2,977,489	$191,043

TRI-COUNTY INDUSTRIES INC