TENNESSEE REAL ESTATE EDUCATIONAL

EIN: 237401331 501(c)(3) Community Improvement

NASHVILLE, TN

Total Revenue
$79,858
Total Expenses
$58,673
Total Assets
$720,776
Net Assets
$720,776
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
TN
Principal Officer
ANGELA SHIELDS
Phone
6153211477
Tax Period
2025-01-01 to 2025-12-31

TENNESSEE REAL ESTATE EDUCATIONAL, founded in 1973, is a micro nonprofit in the Community Improvement sector that reported $80K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $21K, a strong 27% operating margin.

Mission

THE FOUNDATION WAS ORGANIZED TO PROVIDE CONTINUING EDUCATION OPPORTUNITIES TO THE REAL ESTATE INDUSTRY IN TENNESSEE AND IT EXISTS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION WITH REGARD TO 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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $63,425
Investment Income $16,433
Other Revenue $0
TOTAL REVENUE $79,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,906
Other Expenses $58,673
TOTAL EXPENSES $58,673

Year-over-Year Comparison

2025 2024 Change
Revenue $79,858 $91,186 -0.1%
Expenses $58,673 $68,225 -0.1%
Net Income $21,185 $22,961 -0.1%
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

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
18
Independent Members
18
Employees
N/A
Volunteers
23

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
5
$398,750
Total Directors
19
$398,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA SHIELDS CEO 2.00
Officer Director
$0 $0 $398,750
VINSON BRACY TRUSTEE 1.00
Director
$0 $0 $0
CINDY BENNETT TRUSTEE 1.00
Director
$0 $0 $0
REBECCA COOPER TREASURER 2.00
Officer Director
$0 $0 $0
KATHY DUNN PRESIDENT 2.00
Officer Director
$0 $0 $0
KAREN GEORGE TRUSTEE 1.00
Director
$0 $0 $0
GREG GLOSSON TRUSTEE 1.00
Director
$0 $0 $0
DARLA HUNLEY TRUSTEE 1.00
Director
$0 $0 $0
LEWIS MARSHALL PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
ANGIE MORRIS TRUSTEE 1.00
Director
$0 $0 $0
KATHY OAKES TRUSTEE 1.00
Director
$0 $0 $0
BILL PANEBIANCO TRUSTEE 1.00
Director
$0 $0 $0
KAREN ROACH TRUSTEE 1.00
Director
$0 $0 $0
SHERRY SCOTT-CHAMBERS TRUSTEE 1.00
Director
$0 $0 $0
JANIS STAPLETON TRUSTEE 1.00
Director
$0 $0 $0
BJ SWINEHART TRUSTEE 1.00
Director
$0 $0 $0
PATTI WHALEN IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
ERIC WYSE TRUSTEE 1.00
Director
$0 $0 $0
CHERICA BAKER TRUSTEE 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
2025 $79,858 $58,673 $720,776 $21,185
2024 $91,186 $68,225 $699,591 $22,961
2023 $82,291 $63,259 $676,630 $19,032
2022 $78,812 $70,188 $657,598 $8,624
2021 $96,437 $41,872 $648,974 $54,565
2020 $87,026 $58,129 $594,409 $28,897
2019 $120,977 $93,565 $565,512 $27,412
2018 $99,535 $105,643 $538,222 $-6,108
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