AZALEA TRACE II INC (EIN 582456610) - 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

1999

Legal Domicile

Principal Officer

DARRELL WIGGINS

Phone

2293822142

Tax Period

2025-01-01 to 2025-12-31

AZALEA TRACE II INC, founded in 1999, is a micro nonprofit in the Housing & Shelter sector that reported $87K in total revenue in fiscal year 2025. Expenses of $121K exceeded revenue, resulting in a 39% operating deficit.

Mission

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

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $86,170

Investment Income $581

Other Revenue $0

TOTAL REVENUE $86,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,000

Fundraising Expenses $0

Program Expenses $85,402

Other Expenses $107,667

TOTAL EXPENSES $120,667

Year-over-Year Comparison

	2025	2024	Change
Revenue	$86,751	$84,030	+0.0%
Expenses	$120,667	$111,846	+0.1%
Net Income	$-33,916	$-27,816	+0.2%

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

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
CELIA WEST	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIE MAE ALBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
RODNEY GRIFFIN	PRESIDENT	10.00	Officer	$0	$0	$0
DARRELL WIGGINS	VICE PRESIDENT	10.00	Officer	$0	$0	$0
JANET RETTERBUSH-GUERKE	SECRETARY & TREASURER	1.00	Officer	$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	$86,751	$120,667	$550,679	$-33,916
2024	No data	No data	No data	No data
2023	$78,876	$104,843	$607,852	$-25,967
2022	$76,799	$93,958	$636,042	$-17,159
2021	$71,775	$90,935	$652,237	$-19,160
2020	$73,693	$93,547	$670,609	$-19,854
2019	$72,995	$119,100	$685,717	$-46,105
2018	$64,640	$81,362	$737,717	$-16,722

AZALEA TRACE II INC