TG 110 INC (EIN 742699492) - 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

1994

Legal Domicile

Principal Officer

JACLYN S WOODRING

Phone

2108214300

Tax Period

2023-01-01 to 2023-12-31

TG 110 INC, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 45% operating deficit.

Mission

AS A CHARITY, PROVIDES LOW-INCOME HOUSING AND RESIDENT SOCIAL AND EDUCATIONAL SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $971,025

Investment Income $1,344

Other Revenue $59,439

TOTAL REVENUE $1,032,808

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $122,061

Fundraising Expenses $0

Program Expenses $1,326,330

Other Expenses $1,377,048

TOTAL EXPENSES $1,500,109

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,032,808	$3,335,656	-0.7%
Expenses	$1,500,109	$1,196,586	+0.3%
Net Income	$-467,301	$2,139,070	-1.2%

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

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

$522,795

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY BOSTON	DIRECTOR	0.10	Director	$0	$0	$0
DEBRA SMITH	TREASURER	0.10	Officer Director	$0	$0	$0
EVERETT ROY	CHAIR (OUTGOING)	0.10	Officer Director	$0	$0	$0
GUADALUPE FEREGRINO	SECRETARY	0.10	Officer Director	$0	$0	$0
JEANETTE COATS	ASST SECRETARY	0.10	Officer Director	$0	$0	$0
LAMONT TAYLOR	VICE CHAIR	0.10	Officer Director	$0	$0	$0
JACLYN S WOODRING	EXECUTIVE DIRECTOR	0.10	Officer	$24,000	$20,876	$317,976
JAMES BUTCHER	MANAGEMENT AGENT SVPFA	0.10	Officer	$0	$6,729	$204,819

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	$1,032,808	$1,500,109	$22,611,272	$-467,301
2022	$3,335,656	$1,196,586	$21,771,900	$2,139,070
2021	$4,591,557	$192,639	$18,817,308	$4,398,918
2021	$5,538,385	$221,838	$15,143,089	$5,316,547
2020	$157,161	$342,946	$3,846,696	$-185,785
2019	$-1,304,955	$188,807	$3,995,622	$-1,493,762
2018	$1,640,942	$839,886	$5,677,826	$801,056

TG 110 INC