AZALEA TRACE INC (EIN 582355880) - 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

1997

Legal Domicile

Principal Officer

DARRELL WIGGINS

Phone

2293822142

Tax Period

2025-01-01 to 2025-12-31

AZALEA TRACE INC, founded in 1997, is a micro nonprofit in the Housing & Shelter sector that reported $95K in total revenue in fiscal year 2025. Expenses of $139K exceeded revenue, resulting in a 46% operating deficit.

Mission

TO CONSTRUCT OWN AND OPERATE A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $94,863

Investment Income $308

Other Revenue $71

TOTAL REVENUE $95,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,500

Fundraising Expenses $0

Program Expenses $94,552

Other Expenses $122,382

TOTAL EXPENSES $138,882

Year-over-Year Comparison

	2025	2024	Change
Revenue	$95,242	$92,824	+0.0%
Expenses	$138,882	$141,853	0.0%
Net Income	$-43,640	$-49,029	-0.1%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY GRIFFIN	PRESIDENT	10.00	Officer Director	$0	$0	$0
DARRELL WIGGINS	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
CELIA WEST	BOARD MEMBER	1.00	Director	$0	$0	$0
JANET RETTERBUSH-GUERKE	SECRETARY & TREASURER	1.00	Officer Director	$0	$0	$0
WILLIE MAE ALBERT	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
2025	$95,242	$138,882	$167,256	$-43,640
2024	No data	No data	No data	No data
2023	$90,851	$116,520	$249,005	$-25,669
2022	$88,213	$110,161	$277,729	$-21,948
2021	$79,859	$116,797	$298,213	$-36,938
2020	$85,629	$120,096	$334,658	$-34,467
2019	$87,665	$108,084	$363,831	$-20,419
2018	$83,201	$99,037	$388,069	$-15,836

AZALEA TRACE INC