TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS INC

EIN: 561861158 501(c)(3)

DURHAM, NC

Total Revenue
$27,686,933
Total Expenses
$23,461,024
Total Assets
$53,796,068
Net Assets
$44,358,590
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NC
Principal Officer
KEITH ARTIN
Phone
9194191059
Tax Period
2023-07-01 to 2024-06-30

TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS INC, founded in 1992, is a mid-sized nonprofit that reported $27.7M in total revenue in fiscal year 2023. The organization ran a surplus of $4.2M, a strong 15% operating margin.

Mission

TROSA IS A MULTI-YEAR RESIDENTIAL PROGRAM TO EMPOWER PEOPLE WITH SUBSTANCE USE DISORDERS TO BE PRODUCTIVE, RECOVERING INDIVIDUALS BY PROVIDING COMPREHENSIVE TREATMENT, VOCATIONAL TRAINING, EDUCATION & CONTINUING CARE.

Program Service Accomplishments

Program 1
Expenses: $7,262,431 Revenue: $9,681,408

VOCATIONAL TRAINING: VOCATIONAL AND LIFE SKILLS TRAINING IS THE CORNERSTONE OF TROSA'S FREE RESIDENTIAL TREATMENT PROGRAM AND IS A KEY THERAPEUTIC ELEMENT IN OUR RESIDENTS TREATMENT. THESE SKILLS ARE...

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VOCATIONAL TRAINING: VOCATIONAL AND LIFE SKILLS TRAINING IS THE CORNERSTONE OF TROSA'S FREE RESIDENTIAL TREATMENT PROGRAM AND IS A KEY THERAPEUTIC ELEMENT IN OUR RESIDENTS TREATMENT. THESE SKILLS ARE ACQUIRED WITHIN COMMUNITY ASSIGNMENTS, WHERE PROGRAM PARTICIPANTS ARE MENTORED AND CAN ACTIVELY LEARN AND PRACTICE LIVING WITHOUT DRUGS AND ALCOHOL. DURING THIS TRAINING, ROUTINES ARE FORMED, CONNECTIONS MADE, STRENGTHS ARE IDENTIFIED, AND NEW LIFE SKILLS ARE ACQUIRED. IN ADDITION, MARKETABLE JOB SKILLS ARE DEVELOPED, SUCH AS COMMUNICATION, CONFLICT RESOLUTION, AND PROBLEM SOLVING. IN FISCAL YEAR END 6/30/24, WE HAD 652 RESIDENTS WHO RECEIVED VOCATIONAL TRAINING FOR A TOTAL OF 143,113 VOCATIONAL DAYS SERVED. TROSA HELPED 18 RESIDENTS RECEIVE THEIR CLASS A CDL AND 38 CDL PERMITS.

Program 2
Expenses: $4,130,875

SUBSTANCE ABUSE TREATMENT: TROSA PROVIDES STATE LICENSED FREE ON-SITE SUBSTANCE USE DISORDER COUNSELING AND EVIDENCE-BASED THERAPIES. IN FISCAL YEAR END 6/30/24, WE HAD 398 RESIDENTS RECEIVE CLINICAL...

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SUBSTANCE ABUSE TREATMENT: TROSA PROVIDES STATE LICENSED FREE ON-SITE SUBSTANCE USE DISORDER COUNSELING AND EVIDENCE-BASED THERAPIES. IN FISCAL YEAR END 6/30/24, WE HAD 398 RESIDENTS RECEIVE CLINICAL COUNSELING AND/OR PSYCHIATRY FOR A TOTAL OF 4,373 COUNSELING AND PSYCHIATRIC APPOINTMENTS.

Program 3
Expenses: $4,023,063 Revenue: $457,826

FOOD & BEVERAGE: IN FISCAL YEAR END 6/30/24, TROSA PROVIDED 454,425 MEALS FOR AN AVERAGE DAILY POPULATION OF 415 INDIVIDUALS. MEALS ARE PROVIDED TO RESIDENTS AT NO COST TO THE INDIVIDUAL.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,859,490
Program Service Revenue $10,356,327
Investment Income $453,890
Other Revenue $17,226
TOTAL REVENUE $27,686,933

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,518,609
Fundraising Expenses $624,898
Program Expenses $21,898,225
Other Expenses $16,942,415
TOTAL EXPENSES $23,461,024

Year-over-Year Comparison

2023 2022 Change
Revenue $27,686,933 $26,700,434 +0.0%
Expenses $23,461,024 $23,660,005 0.0%
Net Income $4,225,909 $3,040,429 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
14
Employees
89
Volunteers
232

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
4
$660,157
Total Directors
15
$189,895
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH ARTIN PRESIDENT/CE 40.00
Officer Director
$163,086 $26,809 $189,895
MICHAEL KEENE VP OF OPERAT 40.00
Officer
$146,004 $30,570 $176,574
KIM CHAMBERS CFO/TREASURE 40.00
Officer
$117,475 $38,878 $156,353
KEVIN MCDONALD FOUNDER & EM 40.00
Highest
$118,232 $25,986 $144,218
MORGAN WHALEY CDO/SECRETAR 40.00
Officer
$109,630 $27,705 $137,335
KAREN KELLEY CPO 40.00
Highest
$113,506 $22,531 $136,037
KRISTEN ROSSELLI COO 40.00
Highest
$111,032 $23,804 $134,836
GREG BRITZ DIRECTOR 1.00
Director
$0 $0 $0
DAMIAN BEAUCHAMP DIRECTOR 1.00
Director
$0 $0 $0
CALLIE DUNN DIRECTOR 1.00
Director
$0 $0 $0
JEFF HOWARD DIRECTOR 1.00
Director
$0 $0 $0
TIA JONES BOARD CHAIR 1.00
Director
$0 $0 $0
FRAN MAUNEY DIRECTOR 1.00
Director
$0 $0 $0
FELIX MCDANIEL DIRECTOR 1.00
Director
$0 $0 $0
JOYCE MITCHELL-ANTOINE DIRECTOR 1.00
Director
$0 $0 $0
BILL O'BOYLE DIRECTOR 1.00
Director
$0 $0 $0
PETER OLIVER DIRECTOR 1.00
Director
$0 $0 $0
HASSAN PINTO DIRECTOR 1.00
Director
$0 $0 $0
JINKY ROSSELLI DIRECTOR 1.00
Director
$0 $0 $0
STRAN SUMMERS DIRECTOR 1.00
Director
$0 $0 $0
TAD VANDUSEN 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
2025 No data No data No data No data
2024 $27,686,933 $23,461,024 $53,796,068 $4,225,909
2023 $26,700,434 $23,660,005 $53,982,608 $3,040,429
2022 $30,465,979 $21,707,494 $52,469,529 $8,758,485
2021 $22,972,131 $18,211,408 $30,334,921 $4,760,723
2020 $21,496,103 $19,853,308 $27,271,165 $1,642,795
2019 $21,543,972 $18,504,909 $24,922,749 $3,039,063
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