CENTER FOR HOME SCHOOL ENRICHMENT

EIN: 205496758 501(c)(3)

Madison, TN

Total Revenue
$293,173
Total Expenses
$302,290
Total Assets
$68,578
Net Assets
$66,208
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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
2006
Phone
6155852941
Tax Period
2019-07-01 to 2020-06-30

CENTER FOR HOME SCHOOL ENRICHMENT, founded in 2006, is a small nonprofit that reported $293K in total revenue in fiscal year 2019.

Mission

To assist in the academic spiritual physical and social growth of participating homeschool families by offering tutorial and administrative oversight consistent with biblical philosophy and Christian education

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $293,173
Investment Income $0
Other Revenue $0
TOTAL REVENUE $293,173

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,485
Fundraising Expenses $0
Program Expenses $302,290
Other Expenses $67,805
TOTAL EXPENSES $302,290

Year-over-Year Comparison

2019 2018 Change
Revenue $293,173 N/A N/A
Expenses $302,290 N/A N/A
Net Income $-9,117 $0 N/A
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

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Governance

Voting Members
7
Independent Members
7
Employees
58
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
7
$43,732
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICKI B CARROLL EXECUTIVE DIRECTOR 30
Officer
$24,000 $0 $24,000
SHERRY PAUGH FINANCIAL OPERATIONS MGR 30
Officer
$19,732 $0 $19,732
KIMBERLY GAMBILL BOARD MEMBER 5
Officer
$0 $0 $0
STEPHEN GAMBILL BOARD MEMBER 5
Officer
$0 $0 $0
DAVID BRON CHAIRMAN OF THE BOARD 5
Officer
$0 $0 $0
ALLEN BARNES BOARD MEMBER 5
Officer
$0 $0 $0
CINDY BARNES BOARD MEMBER 5
Officer
$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
2020 $293,173 $302,290 $68,578 $-9,117
2019 $357,069 $294,447 $75,764 $62,622
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