Triangle Community Outreach Inc (EIN 760034306) - 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

1982

Legal Domicile

Principal Officer

Pearlanna Carron

Phone

4093328877

Tax Period

2022-01-01 to 2022-12-31

Triangle Community Outreach Inc, founded in 1982, is a small nonprofit that reported $663K in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $934K exceeded revenue, resulting in a 41% operating deficit.

Mission

Relieve the plight of deprived and underprivileged and those experiencing temporary hardship

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $663,093

Investment Income $0

Other Revenue $0

TOTAL REVENUE $663,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,530

Fundraising Expenses $0

Program Expenses $815,146

Other Expenses $569,540

TOTAL EXPENSES $934,070

Year-over-Year Comparison

	2022	2021	Change
Revenue	$663,093	$855,825	-0.2%
Expenses	$934,070	N/A	N/A
Net Income	$-270,977	$855,825	-1.3%

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

N/A

Employees

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

$59,193

Total Directors

$59,193

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pearlanna Carron	President	40.00	Officer Director	$59,193	$0	$59,193
Tami Green	Secretary	0.00	Officer Director	$0	$0	$0
Andrea Jackson	Vice President	0.00	Officer Director	$0	$0	$0
Earthell Johnson	Treasurer	0.00	Officer Director	$0	$0	$0
Willie Lewis	Advisory	0.00	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
2023	No data	No data	No data	No data
2022	$663,093	$934,070	$164,793	$-270,977
2021	$855,825	$947,171	$495,772	$-91,346

Triangle Community Outreach Inc