TRIANGLE DISABILITY ADVOCATES INC (EIN 562232698) - 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

2000

Legal Domicile

Principal Officer

MICHAEL HOSICK

Phone

9102979131

Tax Period

2023-01-01 to 2023-12-31

TRIANGLE DISABILITY ADVOCATES INC, founded in 2000, is a small nonprofit in the Mental Health sector that reported $226K in total revenue in fiscal year 2023. Expenses of $193K left a modest 14% surplus.

Mission

ASSIST HOMELESS SECURING DISABILITY ENTITLEMENTS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $225,000

Program Service Revenue $0

Investment Income $344

Other Revenue $308

TOTAL REVENUE $225,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,997

Fundraising Expenses $0

Program Expenses $192,943

Other Expenses $31,946

TOTAL EXPENSES $192,943

Year-over-Year Comparison

	2023	2022	Change
Revenue	$225,652	$229,328	0.0%
Expenses	$192,943	$231,216	-0.2%
Net Income	$32,709	$-1,888	-18.3%

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

N/A

Independent Members

N/A

Employees

N/A

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

$13,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HOSICK	EXECUTIVE DIRECTOR	40.00	Director	$13,000	$0	$13,000
TANINA RICHARDSON	CHAIRMAN/PRESIDENT	1.00	Officer Director	$0	$0	$0
BARBARA BUSH	TREASURER	1.00	Officer Director	$0	$0	$0
CARMEN POPE	MEMBER	1.00	Director	$0	$0	$0
DEB KINDERVATTER	MEMBER	1.00	Director	$0	$0	$0
TAMMY ELDRIDGE	MEMBER	1.00	Director	$0	$0	$0
MARSHA COOK	VP/SECRETARY	1.00	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
2024	No data	No data	No data	No data
2023	$225,652	$192,943	$62,039	$32,709
2022	$229,328	$231,216	$26,937	$-1,888
2021	$210,508	$204,129	$31,907	$6,379
2020	$226,804	$205,579	$225,528	$21,225

TRIANGLE DISABILITY ADVOCATES INC