MEMPHIS AREA ASSOCIATION OF REALTORS EDUCATION FOUNDATION INC (EIN 581660681) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

AMANDA CREEL

Phone

9016852100

Tax Period

2024-01-01 to 2024-12-31

MEMPHIS AREA ASSOCIATION OF REALTORS EDUCATION FOUNDATION INC, founded in 1985, is a small nonprofit in the Community Improvement sector that reported $216K in total revenue in fiscal year 2024. Expenses of $193K left a modest 11% surplus.

Mission

TO ENCOURAGE AND PROMOTE RESEARCH, STUDIES AND COURSES IN THE FIELD OF REAL ESTATE AND RELATED AREAS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,000

Program Service Revenue $156,480

Investment Income $47,627

Other Revenue $0

TOTAL REVENUE $216,107

Expense Breakdown

Grants Paid $10,156

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,450

Other Expenses $182,610

TOTAL EXPENSES $192,766

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,107	$211,366	+0.0%
Expenses	$192,766	$205,072	-0.1%
Net Income	$23,341	$6,294	+2.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$57,577

Total Directors

$57,577

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN GARLAND	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDA ASH	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
SANDY MOORE	TREASURER	1.00	Officer Director	$0	$0	$0
RYAN BYRNE	TRUSTEE OF COUNSEL	1.00	Officer Director	$0	$0	$0
JENNIFER ARENDALE	BOARD	1.00	Director	$0	$0	$0
CHERICA BAKER	BOARD	1.00	Director	$0	$0	$0
VINSON BRACEY	BOARD	1.00	Director	$0	$0	$0
JESSICA COLLIER	BOARD	1.00	Director	$0	$0	$0
MATT HOLT	BOARD	1.00	Director	$0	$0	$0
KELLY JONES	BOARD	1.00	Director	$0	$0	$0
TIFFANY MCLEMORE	BOARD	1.00	Director	$0	$0	$0
DEBBIE NIXON	BOARD	1.00	Director	$0	$0	$0
WARNETT NIXON	BOARD	1.00	Director	$0	$0	$0
GREG RENFROW	BOARD	1.00	Director	$0	$0	$0
AMANDA CREEL	MAAR CEO	1.00	Officer Director	$0	$0	$57,577

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
2024	$216,107	$192,766	$1,126,199	$23,341
2023	$211,366	$205,072	$1,057,786	$6,294
2022	$274,288	$198,168	$930,668	$76,120
2021	$302,875	$141,654	$1,043,981	$161,221
2020	$124,329	$99,518	$878,342	$24,811
2019	$236,976	$166,938	$756,835	$70,038
2018	$234,610	$179,852	$644,850	$54,758

MEMPHIS AREA ASSOCIATION OF REALTORS EDUCATION FOUNDATION INC