FOSTERING HOPE TN INC

EIN: 463225638 501(c)(3) Human Services

KNOXVILLE, TN

Total Revenue
$253,464
Total Expenses
$242,058
Total Assets
$72,335
Net Assets
$69,960
🔒

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
2013
Legal Domicile
TN
Principal Officer
ALLEN MCMICHAEL
Phone
8654146892
Tax Period
2025-01-01 to 2025-12-31

FOSTERING HOPE TN INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $253K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $242K left a modest 5% surplus.

Mission

PROVIDE BEDDING, CLOTHING, FOOD AND TRANSPORTATION FOR FOSTER CHILDREN IN TENNESSEE.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $253,311
Program Service Revenue $0
Investment Income $153
Other Revenue $0
TOTAL REVENUE $253,464

Expense Breakdown

Grants Paid $132,859
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $132,859
Other Expenses $109,199
TOTAL EXPENSES $242,058

Year-over-Year Comparison

2025 2024 Change
Revenue $253,464 $219,015 +0.2%
Expenses $242,058 $219,309 +0.1%
Net Income $11,406 $-294 -39.8%
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
8
Independent Members
N/A
Employees
N/A
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
2
$44,140
Total Directors
8
$44,140
Key Employees
1
$17,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH CHANTE HENSLEY SECRETARY 40.00
Officer Director Highest
$26,540 $0 $26,540
ALLEN MCMICHAEL PRESIDENT 40.00
Officer Director Key Emp
$17,600 $0 $17,600
JEFF MCMICHAEL BOARD MEMBER 0.00
Director
$0 $0 $0
BECKY PAYLOR BOARD MEMBER 0.00
Director
$0 $0 $0
SHIRLEY MCMICHAEL BOARD MEMBER 0.00
Director
$0 $0 $0
GREG MCMICHAEL BOARD MEMBER 0.00
Director
$0 $0 $0
KRISTY BRUCE BOARD MEMBER 0.00
Director
$0 $0 $0
JAKE BRUCE BOARD MEMBER 0.00
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 $253,464 $242,058 $72,335 $11,406
2024 $219,015 $219,309 $58,554 $-294
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOSTERING HOPE TN INC with other nonprofits in Tennessee and across the country.