Dr Mrs JF Adams Memorial Assn Inc (EIN 620725111) - 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

1964

Legal Domicile

Principal Officer

Emily Hancock

Phone

6155635861

Tax Period

2024-01-01 to 2024-12-31

Dr Mrs JF Adams Memorial Assn Inc, founded in 1964, is a micro nonprofit that reported $85K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $98K exceeded revenue, resulting in a 14% operating deficit.

Mission

Furnishes a building for the operation of a library by Cannon County TN Government

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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 $32,000

Program Service Revenue $0

Investment Income $53,312

Other Revenue $0

TOTAL REVENUE $85,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,582

Other Expenses $97,582

TOTAL EXPENSES $97,582

Year-over-Year Comparison

	2024	2023	Change
Revenue	$85,312	$56,168	+0.5%
Expenses	$97,582	$93,132	+0.0%
Net Income	$-12,270	$-36,964	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Barbara Parker	Vice President	Officer Director	$0	$0	$0
Emily Hancock	Sec. - Treasuer	Officer Director	$0	$0	$0
Gerald Molitor	Director	Director	$0	$0	$0
Regina Merriman	Director	Director	$0	$0	$0
Herb Alsup	Director	Director	$0	$0	$0
Gay Burger	Director	Director	$0	$0	$0
Gerald Melton	President	Officer Director	$0	$0	$0
Douglas Jennings	Director	Director	$0	$0	$0
Judy Schoen	Director	Director	$0	$0	$0
Mike Reed	Director	Director	$0	$0	$0
Roger Turney	Director	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
2024	$85,312	$97,582	$2,872,152	$-12,270
2023	$56,168	$93,132	$2,826,312	$-36,964
2022	$31,224	$85,900	$2,749,991	$-54,676
2021	$110,920	$91,066	$2,957,552	$19,854
2020	$127,350	$84,752	$2,884,738	$42,598
2019	$147,967	$97,962	$2,811,472	$50,005
2018	$254,589	$90,038	$2,578,840	$164,551

Dr Mrs JF Adams Memorial Assn Inc