TERESA MCCORMICK CENTER (EIN 263585433) - 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

BECKY SNYDER

Phone

5418645000

Tax Period

2023-01-01 to 2023-12-31

TERESA MCCORMICK CENTER, founded in 2008, is a small nonprofit in the Human Services sector that reported $290K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $321K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO HELP PEOPLE BY PROVIDING AND CONNECTING EMERGENCY ASSISTANCE, TRAINING, EDUCATION AND OTHER RESOURCES.

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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 $290,185

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,185

Expense Breakdown

Grants Paid $267,799

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $290,155

Other Expenses $53,329

TOTAL EXPENSES $321,128

Year-over-Year Comparison

	2023	2022	Change
Revenue	$290,185	$457,089	-0.4%
Expenses	$321,128	$450,509	-0.3%
Net Income	$-30,943	$6,580	-5.7%

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

N/A

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
TERESA SAYRE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BECKY SNYDER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NED FORD	TREASURER	1.00	Director	$0	$0	$0
TROY FERGUSON	MEMBER	1.00	Director	$0	$0	$0
CHRIS GENEREUX	MEMBER	1.00	Director	$0	$0	$0
KIMBERLY HUCKABEE	MEMBER	1.00	Director	$0	$0	$0
ROSEMARY JERNIGAN	MEMBER	1.00	Director	$0	$0	$0
DEBORAH MARTIN	MEMBER	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
2024	No data	No data	No data	No data
2023	$290,185	$321,128	$291,258	$-30,943
2022	$457,089	$450,509	$322,201	$6,580
2021	$379,797	$446,059	$315,621	$-66,262
2020	$823,036	$669,264	$298,498	$153,772
2019	$543,121	$527,006	$144,726	$16,115
2018	$500,175	$506,119	$128,611	$-5,944

TERESA MCCORMICK CENTER