ROOFTOP FOUNDATION

EIN: 204970385 501(c)(3) Human Services

NASHVILLE, TN

Total Revenue
$568,262
Total Expenses
$930,986
Total Assets
$149,891
Net Assets
$149,891
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
TN
Principal Officer
MARY E WOOLEY
Phone
6154855920
Tax Period
2023-01-01 to 2023-12-31

ROOFTOP FOUNDATION, founded in 2006, is a small nonprofit in the Human Services sector that reported $568K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $931K exceeded revenue, resulting in a 64% operating deficit.

Mission

ROOFTOP'S MISSION IS TO KEEP NASHVILLE HOUSED; BUILDING STABILITY THROUGH A COMPASSIONATE AND COLLABORATIVE RENT/MORTGAGE ASSISTANCE PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $388,685 Revenue: $265,890

WHEN A RESIDENT OF DAVIDSON COUNTY HAS EXPERIENCED AN UNEXPECTED EMERGENCY FINANCIAL SITUATION OUTSIDE OF THEIR CONTROL AND HAS BEEN UNABLE TO PAY THE FULL RENT/MORTGAGE BALANCE DUE, THEY MAY BE...

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WHEN A RESIDENT OF DAVIDSON COUNTY HAS EXPERIENCED AN UNEXPECTED EMERGENCY FINANCIAL SITUATION OUTSIDE OF THEIR CONTROL AND HAS BEEN UNABLE TO PAY THE FULL RENT/MORTGAGE BALANCE DUE, THEY MAY BE FACING EVICTION, FORECLOSURE OR POSSIBLE HOMELESSNESS. ROOFTOP PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO GET A RESIDENT OVER THIS HURDLE TO CREATE HOUSING STABILITY. IF AN APPLICANT DOES NOT MEET THE CRITERIA FOR ASSISTANCE, ROOFTOP CASE WORKERS PROVIDE A DIRECT REFERRAL TO A RESOURC THAT IS BETTER ABLE TO ADDRESS THE SITUATION.

Program 2
Expenses: $361,767 Revenue: $204,255

COVID-19 PANDEMIC RELIEF -- ROOFTOP RECEIVED A METRO GRANT ADMINISTERED THROUGH THE UNITED WAY OF GREATER NASHVILLE TO PROVIDE HOUSING ALLOWANCE TO THOSE RESIDENTS OF DAVIDSON COUNTY WHOSE LIVES WERE...

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COVID-19 PANDEMIC RELIEF -- ROOFTOP RECEIVED A METRO GRANT ADMINISTERED THROUGH THE UNITED WAY OF GREATER NASHVILLE TO PROVIDE HOUSING ALLOWANCE TO THOSE RESIDENTS OF DAVIDSON COUNTY WHOSE LIVES WERE DISRUPTED BY THE PANDEMIC. GUIDELINES FOR PROVIDING ASSISTANCE WERE ESTABLISHED BY THE GRANT.

Program 3
Expenses: $92,951 Revenue: $60,026

TDHS 2GEN TANF COMMUNITY GRANT -- ROOFTOP RECEIVED A CONTRACT FROM TDHS TO ADMINISTER A 2GEN COMMUNITY GRANT PROVIDING RENT, MORTGAGE AND DEPOSIT ASSISTANCE TO LOW INCOME FAMILIES IN DAVIDSON COUNTY...

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TDHS 2GEN TANF COMMUNITY GRANT -- ROOFTOP RECEIVED A CONTRACT FROM TDHS TO ADMINISTER A 2GEN COMMUNITY GRANT PROVIDING RENT, MORTGAGE AND DEPOSIT ASSISTANCE TO LOW INCOME FAMILIES IN DAVIDSON COUNTY. GUIDLEINES FOR PROVIDING ASSISTANCE ARE STIPULATED IN CONTRACT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $563,956
Program Service Revenue $0
Investment Income $4,306
Other Revenue $0
TOTAL REVENUE $568,262

Expense Breakdown

Grants Paid $644,932
Salaries & Benefits $219,915
Fundraising Expenses $26,824
Program Expenses $843,403
Other Expenses $66,139
TOTAL EXPENSES $930,986

Year-over-Year Comparison

2023 2022 Change
Revenue $568,262 $827,909 -0.3%
Expenses $930,986 $691,009 +0.3%
Net Income $-362,724 $136,900 -3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
6
Volunteers
20

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
6
$62,947
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY E WOOLEY EXECUTIVE DI 40.00
Officer
$62,947 $0 $62,947
GAGE BAXTER BOARD MEMBER 1.00
Director
$0 $0 $0
EDDIE BLACK TREASURER 1.00
Officer Director
$0 $0 $0
MARGARET EMLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH GIBSON BOARD MEMBER 1.00
Director
$0 $0 $0
HARTLEY HALL BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY HAMRICK CHAIR 1.00
Officer Director
$0 $0 $0
MELODIE HAYNES BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET HEARD BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH KLEPPIN INTERN 1.00
Director
$0 $0 $0
EMILY MORRISON PAST CHAIR 1.00
Officer Director
$0 $0 $0
LHORRAINE LONDON POLITE BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE RIVES BOARD MEMBER 1.00
Director
$0 $0 $0
WHITNEY STONE BOARD MEMBER 1.00
Director
$0 $0 $0
ANASTACIA VOLZ SECRETARY 1.00
Officer Director
$0 $0 $0
RYAN WAUTLET VICE CHAIR 1.00
Officer Director
$0 $0 $0
SHAWN WHITSELL BOARD MEMBER 1.00
Director
$0 $0 $0
YOLONDA WOODRUFF BOARD MEMBER 1.00
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 $568,262 $930,986 $149,891 $-362,724
2022 $827,909 $691,009 $512,615 $136,900
2021 $619,350 $743,695 $375,897 $-124,345
2020 $1,353,588 $1,307,439 $500,389 $46,149
2019 $350,052 $301,529 $454,907 $48,523
2018 $324,863 $279,229 $406,709 $45,634
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