Trinity Development Alliance Inc

🔒

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

2020

Legal Domicile

Principal Officer

Kirsten Dernbach

Phone

6152028049

Tax Period

2023-01-01 to 2023-12-31

Trinity Development Alliance Inc, founded in 2020, is a mid-sized nonprofit in the Human Services sector that reported $12.4M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $12.1M, a strong 97% operating margin.

Mission

To Invest in projects and services that support the long-term future of affordable housing.

Program Service Accomplishments

Program 1

Expenses: $290,519 Revenue: $208,373

In 2023, TDA partnered to create 267 multi-family units and developed affordable fair housing annual advertising plans for 125 properties and provided resident services for 9 properties

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $12,399,788

Program Service Revenue $208,373

Investment Income $-188,841

Other Revenue $0

TOTAL REVENUE $12,419,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,259

Fundraising Expenses $0

Program Expenses $290,519

Other Expenses $124,250

TOTAL EXPENSES $363,509

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,419,320	$10,697,363	+0.2%
Expenses	$363,509	$346,482	+0.0%
Net Income	$12,055,811	$10,350,881	+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

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

$126,900

Total Directors

$174,467

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kirsten Dernbach	President	40.00	Officer Director	$126,900	$0	$126,900
Melinda Taylor	Director	0.50	Director	$47,567	$0	$47,567
Marsha Moore	Director	0.50	Director	$0	$0	$0
Michael Holle	Secretary	0.50	Officer Director	$0	$0	$0
Savita Gupta	Treasurer	0.25	Officer Director	$0	$0	$0
Catherine Echols	Director	0.25	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
2024	No data	No data	No data	No data
2023	$12,419,320	$363,509	$25,707,472	$12,055,811
2023	$12,596,239	$363,508	$24,377,741	$12,232,731
2022	$10,697,363	$346,482	$11,971,644	$10,350,881
2021	$296,839	$358,100	$1,555,533	$-61,261