POWER OF PUTNAM INC

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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

Tax Period

2023-10-01 to 2024-09-30

POWER OF PUTNAM INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $892K in total revenue in fiscal year 2023.

Mission

To conduct and administer various substance abuse prevention and awareness programs and promote community involvement in these programs to build a healthy and dynamic community free of drug, tobacco, and alcohol abuse.

Program Service Accomplishments

Program 1

Expenses: $263,270

Strategic Prevention Framework-Partnership for Success Program: Coordinate programs to reduce the non-medical use of prescription drugs and abuse related problems and consequences in Tennessee.

Program 2

Expenses: $108,668

Drug-Free Communities Program: Supports collaboration among community entities to reduce substance use among youth. Works with leaders within the community to identify and address local youth...

Drug-Free Communities Program: Supports collaboration among community entities to reduce substance use among youth. Works with leaders within the community to identify and address local youth substance use problems and create sustainable change through environmental prevention strategies. The total value of donated services, space, and other materials to this program is $196,158.

Program 3

Expenses: $104,103

Established Coalitions Program: Coordinates the implementation of substance abuse prevention strategies to address underage drinking and tabacco use; Builds community level infrastructure to prevent...

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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 (2023)

Revenue Breakdown

Contributions & Grants $892,341

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $892,341

Expense Breakdown

Grants Paid $56,034

Salaries & Benefits $444,877

Fundraising Expenses $0

Program Expenses $773,980

Other Expenses $394,572

TOTAL EXPENSES $895,483

Year-over-Year Comparison

	2023	2022	Change
Revenue	$892,341	$914,287	0.0%
Expenses	$895,483	$887,296	+0.0%
Net Income	$-3,142	$26,991	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
James Gribble	Director	1.00	Director	$0	$0	$0
Kathy Smith	Director	1.00	Director	$0	$0	$0
Jeremiah Miller	Director	1.00	Director	$0	$0	$0
Charles Womack	Director	1.00	Director	$0	$0	$0
Robbie Phillips	Secretary	1.00	Officer Director	$0	$0	$0
Danny Holmes	President	1.00	Officer Director	$0	$0	$0
Paige Seymour	Vice President	1.00	Officer Director	$0	$0	$0
Norris Skelly	Treasurer	1.00	Officer Director	$0	$0	$0
Kristi Paling	Vice President	1.00	Officer 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	$892,341	$895,483	$163,354	$-3,142
2023	$914,287	$887,296	$146,177	$26,991
2022	$763,342	$802,881	$101,329	$-39,539
2021	$617,598	$586,480	$134,925	$31,118
2020	$367,655	$333,917	$111,284	$33,738
2019	$323,766	$323,312	$46,892	$454