CHRISTIAN TOWERS OF GALLATIN INC (EIN 620997926) - 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

1974

Legal Domicile

Principal Officer

ED MAYBERRY

Phone

6153478978

Tax Period

2023-10-01 to 2024-09-30

CHRISTIAN TOWERS OF GALLATIN INC, founded in 1974, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 300% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.9M, a strong 98% operating margin.

Mission

TO PROVIDE LOW COST HOUSING FOR ELDERLY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,739,329

Other Revenue $238,144

TOTAL REVENUE $3,977,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,297

Other Expenses $65,097

TOTAL EXPENSES $65,097

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,977,473	$993,977	+3.0%
Expenses	$65,097	$1,398,207	-1.0%
Net Income	$3,912,376	$-404,230	-10.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MIKE CLINARD	DIRECTOR	Director	$0	$0	$0
DAVID DEERE	DIRECTOR	Director	$0	$0	$0
JANICE HAYNES	DIRECTOR	Director	$0	$0	$0
ISABELLE GARIBALDI	DIRECTOR	Director	$0	$0	$0
V K RUTLEDGE	DIRECTOR	Director	$0	$0	$0
ED MAYBERRY	CHAIRMAN	Officer Director	$0	$0	$0
DAMON HOBBS	TREASURER	Officer 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	$3,977,473	$65,097	$5,431,774	$3,912,376
2023	$993,977	$1,398,207	$1,577,692	$-404,230
2022	$1,038,538	$1,036,548	$1,874,518	$1,990
2021	$1,024,754	$1,020,228	$1,871,435	$4,526
2020	$959,972	$888,698	$1,864,910	$71,274
2019	$969,437	$912,945	$1,788,496	$56,492

CHRISTIAN TOWERS OF GALLATIN INC