THRIVE MEMPHIS (EIN 262223237) - 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

2008

Legal Domicile

Principal Officer

JODI RUNGER

Phone

9013875002

Tax Period

2024-01-01 to 2024-12-31

THRIVE MEMPHIS, founded in 2008, is a small nonprofit in the Human Services sector that reported $420K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $502K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO ENRICH THE LIVES OF THE DEVELOPMENTALLY CHALLENGED BY MEETING THEIR SOCIAL, RECREATIONAL AND CONTINUING EDUCATIONAL NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $99,597

Program Service Revenue $256,782

Investment Income $16,282

Other Revenue $47,486

TOTAL REVENUE $420,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $343,565

Fundraising Expenses $35,312

Program Expenses $335,847

Other Expenses $157,339

TOTAL EXPENSES $501,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$420,147	$546,527	-0.2%
Expenses	$501,768	$502,965	0.0%
Net Income	$-81,621	$43,562	-2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FINDLEY FRAZER	DIRECTOR	2.00	Director	$0	$0	$0
ALLAN HENSLEY	TREASURER	2.00	Officer Director	$0	$0	$0
KATHERINE GRAY	SECRETARY	2.00	Officer Director	$0	$0	$0
JODI RUNGER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
CHRISTY MULLALLY	DIRECTOR	2.00	Director	$0	$0	$0
MARLA MOUNCE	DIRECTOR	2.00	Director	$0	$0	$0
DEBBIE CONWAY	DIRECTOR	2.00	Director	$0	$0	$0
CHISANN SHERO-GEIST	DIRECTOR	2.00	Director	$0	$0	$0
MARSHA WEDELL	DIRECTOR/FOUNDER	2.00	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	$420,147	$501,768	$396,888	$-81,621
2023	$546,527	$502,965	$427,509	$43,562
2022	$462,039	$451,375	$388,529	$10,664
2021	$499,623	$333,320	$382,987	$166,303
2021	$501,619	$333,967	$384,336	$167,652
2020	$360,293	$342,737	$219,231	$17,556
2019	$401,133	$447,812	$192,988	$-46,679
2018	$373,774	$436,300	$239,392	$-62,526

THRIVE MEMPHIS