TENNESSEE SPORTS HALL OF FAME INC

EIN: 237036422 501(c)(3) Education

Nashville, TN

Total Revenue
$855,287
Total Expenses
$594,671
Total Assets
$964,058
Net Assets
$898,707
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
TN
Principal Officer
Bradley Willis
Phone
6158644380
Tax Period
2024-01-01 to 2024-12-31

TENNESSEE SPORTS HALL OF FAME INC, founded in 1969, is a small nonprofit in the Education sector that reported $855K in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $261K, a strong 30% operating margin.

Mission

The Tennessee Sports Hall of Fame honors the outstanding achievements of Tennesseans in the realm of sports to perpetuate the memory of their careers and service, and to provide a permanent Hall of Fame for the display of mementos and souvenirs commemorating their contributions.

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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 (2024)

Revenue Breakdown

Contributions & Grants $626,047
Program Service Revenue $217,048
Investment Income $7,192
Other Revenue $5,000
TOTAL REVENUE $855,287

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,422
Fundraising Expenses $14,534
Program Expenses $214,015
Other Expenses $468,249
TOTAL EXPENSES $594,671

Year-over-Year Comparison

2024 2023 Change
Revenue $855,287 $417,974 +1.0%
Expenses $594,671 $332,920 +0.8%
Net Income $260,616 $85,054 +2.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
1
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
0
$0
Total Directors
19
$0
Key Employees
1
$104,292
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Willis Executive Director 40
Key Emp Highest
$104,292 $0 $104,292
Mark Ezell Executive Committee Chair 1
Director
$0 $0 $0
Phillip Fulmer Board Member 1
Director
$0 $0 $0
Harold Graeter Board President 1
Director
$0 $0 $0
Julie Bennett Board Member 1
Director
$0 $0 $0
Dane Bradshaw Board Member 1
Director
$0 $0 $0
Art Sparks Board Member 1
Director
$0 $0 $0
Scott Carter Board Member 1
Director
$0 $0 $0
Marianne Dunavant Board Member 1
Director
$0 $0 $0
Brad Lampley Board Vice President 1
Director
$0 $0 $0
Ammon Hitchcock Board Member 1
Director
$0 $0 $0
Chris Massaro Board Member 1
Director
$0 $0 $0
Candice Lee Board Member 1
Director
$0 $0 $0
Harold Byrd Board Member 1
Director
$0 $0 $0
Shan Foster Board Member 1
Director
$0 $0 $0
Chris Wampler Board Member 1
Director
$0 $0 $0
Jack Sammons Board Member 1
Director
$0 $0 $0
Laird F Veatch Board Member 1
Director
$0 $0 $0
Rebecca Paul Board Member 1
Director
$0 $0 $0
Chris Corwin 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 $855,287 $594,671 $964,058 $260,616
2023 $417,974 $332,920 $703,443 $85,054
2022 $381,294 $310,892 $612,215 $70,402
2021 $175,401 $180,498 $547,813 $-5,097
2020 $124,322 $165,932 $558,952 $-41,610
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