GREATER MEMPHIS ALLIANCE FOR A COMPETITIVE WORKFORCE

EIN: 472411662 501(c)(3)

MEMPHIS, TN

Total Revenue
$313,583
Total Expenses
$245,918
Total Assets
N/A
Net Assets
N/A
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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
2015
Legal Domicile
TN
Principal Officer
TOM DYER
Phone
9017614692
Tax Period
2021-07-01 to 2022-06-30

GREATER MEMPHIS ALLIANCE FOR A COMPETITIVE WORKFORCE, founded in 2015, is a small nonprofit that reported $314K in total revenue in fiscal year 2021. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $68K, a strong 22% operating margin.

Mission

TO BUILD A PIPE-LINE OF HIGHLY SKILLED WORKERS TO ADDRESS THE NEEDS OF BUSINESSESS IN THE MIDSOUTH AREA. ITS TWO-PRONG STRATEGY FOCUSES ON PROVIDING EMPLOYERS ACCESS TO THE QUALITY WORKFORCE TALENT THEY NEED TO COMPETE AND CITIZENS THE ACCESS TO SKILLS THEY NEED TO OBTAIN GOOD JOBS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-130,886
Other Revenue $444,469
TOTAL REVENUE $313,583

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,266
Fundraising Expenses $0
Program Expenses $213,768
Other Expenses $207,652
TOTAL EXPENSES $245,918

Year-over-Year Comparison

2021 2020 Change
Revenue $313,583 $1,554,984 -0.8%
Expenses $245,918 $1,781,436 -0.9%
Net Income $67,665 $-226,452 -1.3%
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
3
Independent Members
3
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
7
$42,445
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN GUMBEL PAST EXEC DI 10.00
Officer
$0 $0 $42,445
GERRE CURRIE TREASURER 1.00
Officer Director
$0 $0 $0
REID DULBERGER PRESIDENT 1.00
Officer Director
$0 $0 $0
TOM DYER CHAIRMAN 1.00
Officer Director
$0 $0 $0
LARRY JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
DR FLORENCE JONES SECRETARY 1.00
Officer Director
$0 $0 $0
JACK MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
CARY VAUGHN VICE CHAIRMA 1.00
Officer Director
$0 $0 $0
RANDY RICHARDSON EDGE VICE PR 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
2022 $313,583 $245,918 No data $67,665
2021 $1,554,984 $1,781,436 $525,408 $-226,452
2020 $1,664,185 $2,311,069 $1,165,445 $-646,884
2019 $2,472,038 $2,407,127 $1,508,419 $64,911
2018 $1,339,778 $2,007,947 $1,779,327 $-668,169
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