TENNESSEE MALT BEVERAGE ASSOCIATION INCORPORATED

EIN: 620464240

NASHVILLE, TN

Total Revenue
$533,017
Total Expenses
$628,643
Total Assets
$620,609
Net Assets
$596,500
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
TN
Principal Officer
RICH FOGE
Phone
6154199773
Tax Period
2025-01-01 to 2025-12-31

TENNESSEE MALT BEVERAGE ASSOCIATION INCORPORATED, founded in 1949, is a small nonprofit that reported $533K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. Expenses of $629K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE MISSION OF THE TENNESSEE MALT BEVERAGE ASSOCIATION IS TO BRING TOGETHER MEMBERS WITHIN THE INDUSTRY AND PROMOTE POSITIVE FEEDBACK ON EDUCATION AND LEGISLATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $512,228
Investment Income $20,406
Other Revenue $383
TOTAL REVENUE $533,017

Expense Breakdown

Grants Paid $0
Salaries & Benefits $391,971
Fundraising Expenses $0
Program Expenses $628,643
Other Expenses $236,672
TOTAL EXPENSES $628,643

Year-over-Year Comparison

2025 2024 Change
Revenue $533,017 $576,734 -0.1%
Expenses $628,643 $602,681 +0.0%
Net Income $-95,626 $-25,947 +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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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
13

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
5
$232,500
Total Directors
13
$0
Key Employees
1
$232,500
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH FOGE PRESIDENT 40
Officer Key Emp
$232,500 $0 $232,500
SCOTT TURNER CHAIRMAN 2
Officer Director
$0 $0 $0
PAUL TURNER VICE CHAIRMAN 2
Officer Director
$0 $0 $0
LAUREN BOWMAN SECRETARY 2
Officer Director
$0 $0 $0
ROSS TARVER TREASURER 2
Officer Director
$0 $0 $0
MIKE CRAIG IMMEDIATE PAST CHAIRMAN 1
Director
$0 $0 $0
JEFF TURNER DIRECTOR 1
Director
$0 $0 $0
CHARLES HAND DIRECTOR 1
Director
$0 $0 $0
JR HAND DIRECTOR 1
Director
$0 $0 $0
JEFF KNIGHT DIRECTOR 1
Director
$0 $0 $0
ROB SAMPSON DIRECTOR 1
Director
$0 $0 $0
CAROLINE HENNIGAN DIRECTOR 1
Director
$0 $0 $0
LANE MEDLIN DIRECTOR 1
Director
$0 $0 $0
MIKE MCWHERTER DIRECTOR 1
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 $533,017 $628,643 $620,609 $-95,626
2024 No data No data No data No data
2023 $568,995 $549,263 $681,928 $19,732
2022 $574,586 $531,810 $650,481 $42,776
2021 $579,067 $539,896 $616,841 $39,171
2020 $501,274 $442,922 $546,611 $58,352
2019 $522,969 $566,622 $449,152 $-43,653
2018 $524,217 $499,472 $448,339 $24,745
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