TAMMY LYNN MEMORIAL FOUNDATION INC

EIN: 560999619 501(c)(3) Human Services

RALEIGH, NC

Total Revenue
$4,249,908
Total Expenses
$198,847
Total Assets
$11,202,653
Net Assets
$10,173,332
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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
1969
Legal Domicile
NC
Principal Officer
SARAH CRAWFORD
Phone
9198323909
Tax Period
2023-07-01 to 2024-06-30

TAMMY LYNN MEMORIAL FOUNDATION INC, founded in 1969, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2023. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.1M, a strong 95% operating margin.

Mission

TO EMPOWER INDIVIDUALS OF ALL ABILITIES TO LIVE THEIR FULLEST LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,940,274
Program Service Revenue $0
Investment Income $169,952
Other Revenue $139,682
TOTAL REVENUE $4,249,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $48,601
Program Expenses $108,490
Other Expenses $198,847
TOTAL EXPENSES $198,847

Year-over-Year Comparison

2023 2022 Change
Revenue $4,249,908 $1,677,306 +1.5%
Expenses $198,847 $531,079 -0.6%
Net Income $4,051,061 $1,146,227 +2.5%
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
23
Independent Members
23
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
0
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIA ADAMS-SCHEURICH DIRECTOR 1.00
Director
$0 $0 $0
MARK ASCOLESE DIRECTOR 1.00
Director
$0 $0 $0
STEVE BARNETTE DIRECTOR 1.00
Director
$0 $0 $0
JESSICA BOWERS CHAIR 1.00
Director
$0 $0 $0
GREGG BOWLER DIRECTOR 1.00
Director
$0 $0 $0
ANGELA BOYKIN DIRECTOR 1.00
Director
$0 $0 $0
LEAH BURTON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL HAKEREM DIRECTOR 1.00
Director
$0 $0 $0
JOHN STEWART JR DIRECTOR 1.00
Director
$0 $0 $0
TINA KREBS VICE CHAIR 1.00
Director
$0 $0 $0
ADAM MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
KEITH MCDONALD DIRECTOR 1.00
Director
$0 $0 $0
LEE MCINNIS DIRECTOR 1.00
Director
$0 $0 $0
RYAN OXENDINE DIRECTOR 1.00
Director
$0 $0 $0
BARKLEY SAMPLE DIRECTOR 1.00
Director
$0 $0 $0
JIM SHEARIN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD STAUB DIRECTOR 1.00
Director
$0 $0 $0
CHANDRA STORRUSTEN DIRECTOR 1.00
Director
$0 $0 $0
SHANTEL SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
PAUL THOMAS PAST CHAIR 1.00
Director
$0 $0 $0
CATHERINE TRUITT DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH WELLBORN DIRECTOR 1.00
Director
$0 $0 $0
CORY WILLIAMS DIRECTOR 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 $4,249,908 $198,847 $11,202,653 $4,051,061
2023 $1,677,306 $531,079 $7,894,529 $1,146,227
2022 $3,080,016 $243,540 $6,287,224 $2,836,476
2021 $1,501,286 $291,590 $5,729,962 $1,209,696
2020 $1,421,358 $2,008,319 $3,068,029 $-586,961
2019 $1,641,187 $1,441,860 $3,752,204 $199,327
2018 $1,309,332 $354,026 $3,077,798 $955,306
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