VULTEE CHARITABLE FOUNDATION F/K/A NASHVILLE CHRISTIAN TOWERS (EIN 237446293) - Form 990 Financial Analysis & Trantor Score

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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

1975

Legal Domicile

Principal Officer

R PERRY BURCH

Phone

6153613583

Tax Period

2022-07-01 to 2023-06-30

VULTEE CHARITABLE FOUNDATION F/K/A NASHVILLE CHRISTIAN TOWERS, founded in 1975, is a mid-sized nonprofit that reported $29.8M in total revenue in fiscal year 2022. Revenue surged 1410% from the prior year, signaling strong growth momentum. Expenses of $38.1M exceeded revenue, resulting in a 28% operating deficit.

Mission

RENTAL OF LOW INCOME HOUSING TO ELDERLY OR DISABLED

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $985,423

Investment Income $28,827,108

Other Revenue $14,404

TOTAL REVENUE $29,826,935

Expense Breakdown

Grants Paid $37,149,269

Salaries & Benefits $342,782

Fundraising Expenses $0

Program Expenses $37,888,997

Other Expenses $642,351

TOTAL EXPENSES $38,134,402

Year-over-Year Comparison

	2022	2021	Change
Revenue	$29,826,935	$1,975,065	+14.1%
Expenses	$38,134,402	$1,416,964	+25.9%
Net Income	$-8,307,467	$558,101	-15.9%

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

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

$50,303

Total Directors

$50,303

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
R PERRY BURCH	PRES & DIRECTOR	2.00	Officer Director	$0	$0	$0
ROY BURCH	DIRECTOR	2.00	Director	$0	$0	$0
OLIVIA GORDAN	DIRECTOR	2.00	Director	$0	$0	$0
TIM BARTON	EXECUTIVE DIRECTOR/DIRECTO	40.00	Officer Director	$47,633	$2,670	$50,303

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
2023	$29,826,935	$38,134,402	No data	$-8,307,467
2022	$1,975,065	$1,416,964	$6,078,293	$558,101
2021	$1,724,165	$1,423,678	$5,568,869	$300,487
2020	$1,742,282	$1,435,350	$5,192,558	$306,932
2019	$1,676,362	$1,511,691	$4,929,711	$164,671
2018	$1,647,651	$1,364,213	$4,722,534	$283,438

VULTEE CHARITABLE FOUNDATION F/K/A NASHVILLE CHRISTIAN TOWERS