413 STRONG INC

EIN: 471939832 501(c)(3) Housing & Shelter

NASHVILLE, TN

Total Revenue
$1,056,596
Total Expenses
$758,128
Total Assets
$1,435,166
Net Assets
$1,273,939
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
STEVE NORRIS
Phone
6153006376
Tax Period
2024-01-01 to 2024-12-31

413 STRONG INC, founded in 2014, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $298K, a strong 28% operating margin.

Mission

4:13 STRONG, INC. EXISTS TO BREAK THE CYCLE OF POVERTY, CRIME AND DEPENDENCY BY PROVIDING FAITH-BASED EDUCATIONAL, VOCATIONAL AND LIFE SKILLS TRAINING.

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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 $927,727
Program Service Revenue $53,526
Investment Income $41,674
Other Revenue $33,669
TOTAL REVENUE $1,056,596

Expense Breakdown

Grants Paid $0
Salaries & Benefits $439,291
Fundraising Expenses $525
Program Expenses $700,554
Other Expenses $318,837
TOTAL EXPENSES $758,128

Year-over-Year Comparison

2024 2023 Change
Revenue $1,056,596 $887,689 +0.2%
Expenses $758,128 $751,572 +0.0%
Net Income $298,468 $136,117 +1.2%
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

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Governance

Voting Members
16
Independent Members
16
Employees
10
Volunteers
225

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
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLAN HORNER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
AMY BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
BEN EBERLE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS FROST BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG CARMON TREASURER 1.00
Officer Director
$0 $0 $0
DOUG WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
DREW HULL BOARD MEMBER 1.00
Director
$0 $0 $0
ED MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF RYDBURG BOARD MEMBER 1.00
Director
$0 $0 $0
LAMAR WARD BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
LEAH GAMBOAH BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA CANTRELL BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT VILLAS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE NORRIS PRESIDENT 50.00
Officer Director
$0 $0 $0
T LUSK SECRETARY 1.00
Officer Director
$0 $0 $0
TEDDY MATOSICH CHAIR EMERITUS 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 $1,056,596 $758,128 $1,435,166 $298,468
2023 $887,689 $751,572 $1,119,678 $136,117
2022 $900,996 $606,919 $802,281 $294,077
2021 $717,515 $562,027 $512,627 $155,488
2020 $537,796 $510,213 $378,276 $27,583
2018 $444,304 $400,999 $327,762 $43,305
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