THE BARNABAS VISION INC

EIN: 320343594 501(c)(3) Human Services

MURFREESBORO, TN

Total Revenue
$614,939
Total Expenses
$646,601
Total Assets
$206,204
Net Assets
$206,204
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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
2011
Legal Domicile
TN
Principal Officer
DAVID COGGIN JR
Phone
6159952574
Tax Period
2024-01-01 to 2024-12-31

THE BARNABAS VISION INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $615K in total revenue in fiscal year 2024.

Mission

TO SERVE THE UNDER-SERVED COMMUNITY IN RUTHERFORD COUNTY.

Program Service Accomplishments

Program 1
Expenses: $483,925

SERVING THE UNDERSERVED RESIDENTS OF RUTHERFORD COUNTY BY PROVIDING COMMUNITY ASSISTANCE TO THOSE IN NEED, HOSPITAL VISITATION, PREACHING AND COORDINATING VOLUNTEERS TO FURTHER THESE GOALS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $614,939
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $614,939

Expense Breakdown

Grants Paid $260,639
Salaries & Benefits $265,172
Fundraising Expenses $57,171
Program Expenses $483,925
Other Expenses $120,790
TOTAL EXPENSES $646,601

Year-over-Year Comparison

2024 2023 Change
Revenue $614,939 $596,469 +0.0%
Expenses $646,601 $585,333 +0.1%
Net Income $-31,662 $11,136 -3.8%
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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Governance

Voting Members
11
Independent Members
8
Employees
9
Volunteers
200

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
4
$105,060
Total Directors
11
$105,060
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID COGGIN JR CHAIRMAN/PRESIDENT 40.00
Officer Director
$105,060 $0 $105,060
TEB BATEY VICE CHAIRMAN/VICE PRESIDE 1.00
Officer Director
$0 $0 $0
WADE PARMER TREASURER 1.00
Officer Director
$0 $0 $0
ADAM COGGIN SECRETARY 1.00
Officer Director
$0 $0 $0
JOANNE COGGIN DIRECTOR 1.00
Director
$0 $0 $0
ERIC PARKS DIRECTOR 1.00
Director
$0 $0 $0
MATT TILLER DIRECTOR 1.00
Director
$0 $0 $0
HILLARY HODGES DIRECTOR 1.00
Director
$0 $0 $0
DR RUSSELL MCKISSICK DIRECTOR 1.00
Director
$0 $0 $0
JOSH MCCREARY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY WALKER DIRECTOR 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
2025 No data No data No data No data
2024 $614,939 $646,601 $206,204 $-31,662
2023 $596,469 $585,333 $237,866 $11,136
2022 $434,420 $420,901 $226,730 $13,519
2021 $405,438 $371,796 $215,042 $33,642
2020 $316,063 $302,131 $215,959 $13,932
2019 $261,219 $308,087 $167,193 $-46,868
2018 $217,841 $246,157 $214,016 $-28,316
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