TRIUMPH OF SPECIAL PEOPLE INC

EIN: 721431087 501(c)(3) Human Services

NEW ORLEANS, LA

Total Revenue
$34,276
Total Expenses
$49,951
Total Assets
$191,603
Net Assets
$151,906
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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
1998
Legal Domicile
LA
Principal Officer
BERNARD J BAGERT JR
Phone
5045231117
Tax Period
2024-01-01 to 2024-12-31

TRIUMPH OF SPECIAL PEOPLE INC, founded in 1998, is a micro nonprofit in the Human Services sector that reported $34K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $50K exceeded revenue, resulting in a 46% operating deficit.

Mission

IMPROVE THE QUALITY OF LIFE AS WELL AS THE CAPABILITIES OF DEVELOPMENTALLY DISABLED ADULTS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,626
Program Service Revenue $23,650
Investment Income $0
Other Revenue $0
TOTAL REVENUE $34,276

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,951
Other Expenses $49,951
TOTAL EXPENSES $49,951

Year-over-Year Comparison

2024 2023 Change
Revenue $34,276 $24,594 +0.4%
Expenses $49,951 $36,432 +0.4%
Net Income $-15,675 $-11,838 +0.3%
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

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Governance

Voting Members
1
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENARD J BAGERT JR PRESIDENT 5.00
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 $34,276 $49,951 $191,603 $-15,675
2023 $24,594 $36,432 $207,276 $-11,838
2022 $28,045 $35,030 $219,114 $-6,985
2021 $30,033 $45,301 $227,835 $-15,268
2020 $32,925 $37,533 $240,902 $-4,608
2019 $44,916 $55,548 $243,835 $-10,632
2018 $144,452 $154,981 $253,966 $-10,529
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