FRIENDS OF THE THREAD TRAIL LAGRANGE GA INC (EIN 813580329) - 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

2016

Legal Domicile

Principal Officer

NATALIE HALE

Phone

7063024128

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF THE THREAD TRAIL LAGRANGE GA INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $602K in total revenue in fiscal year 2024. Expenses of $1.7M exceeded revenue, resulting in a 178% operating deficit.

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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 (2024)

Revenue Breakdown

Contributions & Grants $522,623

Program Service Revenue $0

Investment Income $24,336

Other Revenue $55,014

TOTAL REVENUE $601,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,639,943

Other Expenses $1,670,690

TOTAL EXPENSES $1,670,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$601,973	$559,348	+0.1%
Expenses	$1,670,690	$235,560	+6.1%
Net Income	$-1,068,717	$323,788	-4.3%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLISON BAKER	Secretary	1.00	Officer Director	$0	$0	$0
CRAIG DELOACH	Vice President	1.00	Officer Director	$0	$0	$0
MARK DEGENNARO	ATTORNEY	1.00	Director	$0	$0	$0
SUSAN BOWIE	Director	1.00	Director	$0	$0	$0
ALVIN LEAKS	Director	1.00	Director	$0	$0	$0
NATALIE HALE	Director	1.00	Director	$0	$0	$0
BOB GOEHRING	Director	1.00	Director	$0	$0	$0
ASHLEY ANDERSON	President	1.00	Officer Director	$0	$0	$0
JACKIE WOODYARD	Director	1.00	Director	$0	$0	$0
CINDY HAWTHORNE	Director	1.00	Director	$0	$0	$0
MELANIE KEY	Treasurer	1.00	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
2025	$601,973	$1,670,690	$610,857	$-1,068,717
2024	$559,348	$235,560	$1,693,861	$323,788
2023	$731,246	$199,661	$1,325,777	$531,585
2022	$275,055	$252,245	$787,964	$22,810
2021	$165,696	$340,265	$764,742	$-174,569
2020	$1,053,355	$292,731	$941,178	$760,624
2019	$182,827	$121,178	$172,966	$61,649

FRIENDS OF THE THREAD TRAIL LAGRANGE GA INC