TG 302 INC (EIN 742939665) - 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

JACLYN S WOODRING

Phone

2108214300

Tax Period

2024-01-01 to 2024-12-31

TG 302 INC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $614K in total revenue in fiscal year 2024. The organization ran a surplus of $94K, a strong 15% operating margin.

Mission

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

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $605,818

Investment Income $1,879

Other Revenue $6,310

TOTAL REVENUE $614,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,189

Fundraising Expenses $0

Program Expenses $477,840

Other Expenses $423,797

TOTAL EXPENSES $519,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$614,007	$588,113	+0.0%
Expenses	$519,986	$465,512	+0.1%
Net Income	$94,021	$122,601	-0.2%

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

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

$556,372

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA RODRIQUEZ	TREASURER	0.10	Officer Director	$0	$0	$0
DEBBIE ALFORD	CHAIR	0.10	Officer Director	$0	$0	$0
NIDIA RUIZ	VICE CHAIR	0.10	Officer Director	$0	$0	$0
JACLYN S WOODRING	EXECUTIVE DIRECTOR	0.10	Officer	$0	$29,794	$352,294
JAMES BUTCHER	MANAGEMENT AGENT CFO	0.10	Officer	$0	$6,001	$204,078

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	$614,007	$519,986	$1,738,155	$94,021
2023	$588,113	$465,512	$1,713,149	$122,601
2022	$582,485	$698,758	$1,666,546	$-116,273
2021	$272,057	$355,229	$1,916,053	$-83,172
2021	$665,577	$454,912	$2,023,567	$210,665
2020	$500,220	$619,311	$1,861,037	$-119,091
2019	$540,968	$467,721	$1,931,922	$73,247
2018	$520,174	$431,998	$1,926,923	$88,176

TG 302 INC