TENNESSEE HIGHER EDUCATION INITIATIVE INC

EIN: 454531767 501(c)(3) Education

NASHVILLE, TN

Total Revenue
$3,552,390
Total Expenses
$3,110,096
Total Assets
$1,070,427
Net Assets
$1,046,463
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TN
Phone
6158798857
Tax Period
2024-07-01 to 2025-06-30

TENNESSEE HIGHER EDUCATION INITIATIVE INC, founded in 2012, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $3.1M left a modest 12% surplus.

Mission

TENNESSEE HIGHER EDUCATION INITIATIVE IS A NON-PROFIT ORGANIZATION THAT DISRUPTS SYSTEMS OF HARM AND CREATES OPPORTUNITIES FOR AUTONOMY AND SUCCESS THROUGH EDUCATION, SUPPORT, AND ADVOCACY WITH AND FOR JUSTICE IMPACTED INDIVIDUALS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,552,390
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,552,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,684,615
Fundraising Expenses $120,955
Program Expenses $2,520,559
Other Expenses $1,425,481
TOTAL EXPENSES $3,110,096

Year-over-Year Comparison

2024 2023 Change
Revenue $3,552,390 $2,909,903 +0.2%
Expenses $3,110,096 $2,274,642 +0.4%
Net Income $442,294 $635,261 -0.3%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
22
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
6
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON D GENTRY BOARD MEMBER 1.00
Director
$0 $0 $0
LA KIESHA ARMSTRONG BOARD MEMBER 1.00
Director
$0 $0 $0
CHAVIS RAND BOARD MEMBER 1.00
Director
$0 $0 $0
C TERESA CAMPBELL BOARD MEMBER 1.00
Director
$0 $0 $0
MISHA MAYNARD PRESIDENT 1.00
Officer Director
$0 $0 $0
KIM DANO BOARD MEMBER 1.00
Officer
$0 $0 $0
ABBY HYMAN CHAIR 1.00
Officer
$0 $0 $0
LAURA FERGUSON MIMMS CHIEF EXECUTIVE OFFICER 40.00
Officer
$0 $0 $0
TAMARQUES PORTER BOARD MEMBER 1.00
Officer
$0 $0 $0
JARED CAMPBELL BOARD MEMBER 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
2025 $3,552,390 $3,110,096 $1,070,427 $442,294
2024 $2,909,903 $2,274,642 $645,594 $635,261
2023 $1,218,262 $1,298,455 $17,306 $-80,193
2022 $885,125 $1,087,772 $59,602 $-202,647
2021 $1,064,229 $1,006,596 $318,803 $57,633
2020 $962,644 $881,359 $205,570 $81,285
2019 $538,807 $421,695 $112,546 $117,112
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TENNESSEE HIGHER EDUCATION INITIATIVE INC with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.