PIEDMONT TRIAD APARTMENT ASSOCIATION INC (EIN 561282466) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

BENJAMIN BROCKSCHMIDT

Phone

3362944428

Tax Period

2024-01-01 to 2024-12-31

PIEDMONT TRIAD APARTMENT ASSOCIATION INC, founded in 1980, is a small nonprofit that reported $958K in total revenue in fiscal year 2024.

Mission

PIEDMONT TRIAD APARTMENT ASSOCIATION, INC. PROVIDES LEADERSHIP, ADVOCACY, AND EDUCATION TO ADVANCE QUALITY RENTAL HOUSING IN THE GREATER PIEDMONT TRIAD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $499,011

Program Service Revenue $458,282

Investment Income $582

Other Revenue $0

TOTAL REVENUE $957,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $370,867

Fundraising Expenses $0

Program Expenses $876,684

Other Expenses $599,831

TOTAL EXPENSES $970,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$957,875	$975,356	0.0%
Expenses	$970,698	$940,256	+0.0%
Net Income	$-12,823	$35,100	-1.4%

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

350

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

$110,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA BARKER	DIRECTOR	5.00	Director	$0	$0	$0
AMANDA WILLIAMS	DIRECTOR AND PAST PRESIDEN	5.00	Director	$0	$0	$0
KENA SIMS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TYLER LOWE	PRESIDENT	5.00	Officer Director	$0	$0	$0
BERT WRAY	DIRECTOR	5.00	Director	$0	$0	$0
D MICHELE LIAKOS	DIRECTOR	5.00	Director	$0	$0	$0
KRISTIN STANTON	SECRETARY	5.00	Officer Director	$0	$0	$0
STAFFORD KELLY	TREASURER	5.00	Officer Director	$0	$0	$0
DENISE MCGEE	DIRECTOR	5.00	Director	$0	$0	$0
STEPHANIE MORAN	DIRECTOR	5.00	Director	$0	$0	$0
BENJAMIN BROCKSCHMIDT	EXECUTIVE DIRECTOR	40.00	Director	$110,000	$0	$110,000

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	$957,875	$970,698	$322,012	$-12,823
2023	$975,356	$940,256	$289,248	$35,100
2022	$783,943	$798,998	$231,020	$-15,055
2021	$714,934	$709,947	$230,838	$4,987
2020	$837,292	$861,906	$220,644	$-24,614
2019	$851,469	$862,053	$267,648	$-10,584
2018	$731,735	$709,642	$243,873	$22,093

PIEDMONT TRIAD APARTMENT ASSOCIATION INC