MEMPHIS GOODWILL INC (EIN 263445007) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

MICHAEL MARTINI

Phone

9013236221

Tax Period

2024-01-01 to 2024-12-31

MEMPHIS GOODWILL INC, founded in 2008, is a mid-sized nonprofit in the Human Services sector that reported $51.1M in total revenue in fiscal year 2024.

Mission

COLLECTION AND RESALE OF DONATED GOODS TO THE PUBLIC

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,099,240

Program Service Revenue $31,844,965

Investment Income $1,189,700

Other Revenue $0

TOTAL REVENUE $51,133,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,315,659

Fundraising Expenses $0

Program Expenses $45,793,375

Other Expenses $33,667,938

TOTAL EXPENSES $50,983,597

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,133,905	$47,631,419	+0.1%
Expenses	$50,983,597	$48,703,765	+0.0%
Net Income	$150,308	$-1,072,346	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1368

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

$457,515

Total Directors

$457,515

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY MARTINI	PRESIDENT/CEO	40.00	Officer Director	$442,132	$15,383	$457,515
BRIAN WILLIAMS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DEACON BILL DAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL ROBILIO	BOARD MEMBER	2.00	Director	$0	$0	$0
MACKY SNEED	BOARD MEMBER	2.00	Director	$0	$0	$0
CHAD HARRELL	BOARD MEMBER	2.00	Director	$0	$0	$0
TERRI LANDWEHR	BOARD MEMBER	2.00	Director	$0	$0	$0
BRANDON TOLBERT	BOARD MEMBER	2.00	Director	$0	$0	$0
AMY WEIRICH	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDY MCCLELLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLES BARNES	BOARD MEMBER	2.00	Director	$0	$0	$0
DR PATRICK WASHINGTON	BOARD MEMBER	2.00	Director	$0	$0	$0
MELANIE MYERS-BLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
TINA BLACKMON	SR VP OF OPERATIONS	40.00	Highest	$233,356	$7,592	$240,948

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	$51,133,905	$50,983,597	$51,485,663	$150,308
2023	$47,631,419	$48,703,765	$54,175,429	$-1,072,346
2022	$42,458,476	$41,658,923	$55,639,127	$799,553
2021	$45,591,658	$44,290,839	$14,007,332	$1,300,819
2020	$39,184,188	$39,327,067	$14,405,743	$-142,879
2019	$46,080,209	$46,059,600	$15,871,222	$20,609
2018	$42,979,029	$42,735,714	$16,279,685	$243,315

MEMPHIS GOODWILL INC