MURFREESBORO RESCUE MISSION 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

Principal Officer

EDWARD GRIMES

Phone

6152199770

Tax Period

2023-01-01 to 2023-12-31

MURFREESBORO RESCUE MISSION INC is a small nonprofit in the Housing & Shelter sector that reported $205K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 40% operating margin.

Mission

SERVING THE HOMELESS POPULATION

Program Service Accomplishments

Program 1

Expenses: $119,492

SERVING THE HOMELESS - EXPENSES TO DATE HAVE BEEN SERVING THE HOMELESS, SUPPORT FOR OTHER LIKE-MINDED ORGANIZATIONS, AND OTHER SERVICES AS THE ORGANIZATION SEEKS PREMANENT FACILITY OUR MISSION...

SERVING THE HOMELESS - EXPENSES TO DATE HAVE BEEN SERVING THE HOMELESS, SUPPORT FOR OTHER LIKE-MINDED ORGANIZATIONS, AND OTHER SERVICES AS THE ORGANIZATION SEEKS PREMANENT FACILITY OUR MISSION FOLLOWING GOD'S COMMAND TO LOVE OUR NEIGHBOR AS OURSELVES, MURFREESBORO RESCUE MISSION EXISTS TO PROVIDE HELP, HOPE, AND HEALING TO OUR COMMUNITY'S MOST VULNERABLE POPULATION EXPERIENCING HOMELESSNESS.

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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 $134,278

Program Service Revenue $0

Investment Income $0

Other Revenue $70,808

TOTAL REVENUE $205,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,380

Fundraising Expenses $0

Program Expenses $119,492

Other Expenses $73,318

TOTAL EXPENSES $123,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$205,086	$158,263	+0.3%
Expenses	$123,698	$108,463	+0.1%
Net Income	$81,388	$49,800	+0.6%

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

$46,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD GRIMES	EXECUTIVE DI	40.00	Officer	$46,800	$0	$46,800
CHANTEL HAMMONDS	SECRETARY	1.00	Officer	$0	$0	$0
ALAN NILES	TREASURER	1.00	Officer	$0	$0	$0
FRED TYUS	DIRECTOR	1.00	Officer	$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	$205,086	$123,698	$370,815	$81,388