TG 304 INC (EIN 743019775) - 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

2001

Legal Domicile

Principal Officer

JACLYN S WOODRING

Phone

2108214300

Tax Period

2023-01-01 to 2023-12-31

TG 304 INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $430K in total revenue in fiscal year 2023. Expenses of $378K left a modest 12% surplus.

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 $0

Program Service Revenue $427,560

Investment Income $88

Other Revenue $2,602

TOTAL REVENUE $430,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,035

Fundraising Expenses $0

Program Expenses $338,225

Other Expenses $314,862

TOTAL EXPENSES $377,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$430,250	$412,886	+0.0%
Expenses	$377,897	$404,962	-0.1%
Net Income	$52,353	$7,924	+5.6%

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
AUDREY DAVENPORT	TREASURER	0.10	Officer Director	$0	$0	$0
BEVERLY HAUG	VICE CHAIR	0.10	Officer Director	$0	$0	$0
EDGAR CHAMBERS	CHAIR	0.10	Officer Director	$0	$0	$0
NORMA JEAN PARR	SECRETARY	0.10	Officer Director	$0	$0	$0
SUE GAIL CROUCH	ASSISTANT SECRETARY(OUTGOING)	0.10	Officer Director	$0	$0	$0
JACLYN S WOODRING	EXECUTIVE DIRECTOR	0.10	Officer	$0	$20,876	$317,976
JAMES BUTCHER	MANAGEMENT AGENT CFO	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	$430,250	$377,897	$919,400	$52,353
2022	$412,886	$404,962	$895,645	$7,924
2021	$204,986	$224,159	$854,513	$-19,173
2021	$401,388	$412,156	$879,271	$-10,768
2020	$379,179	$363,333	$880,100	$15,846
2019	$368,536	$351,276	$862,441	$17,260
2018	$372,949	$329,713	$876,487	$43,236

TG 304 INC