HAMBLEN COUNTY EDUCATION ASSOCIATION

EIN: 621180498 Employment

MORRISTOWN, TN

Total Revenue
$135,199
Total Expenses
$128,655
Total Assets
$71,418
Net Assets
$71,418
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
TN
Principal Officer
MELINDA REESE
Phone
4233270114
Tax Period
2022-09-01 to 2023-08-31

HAMBLEN COUNTY EDUCATION ASSOCIATION, founded in 1984, is a small nonprofit in the Employment sector that reported $135K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $129K left a modest 5% surplus.

Mission

THE PURPOSES OF THE HAMBLEN COUNTY EDUCATION ASSOCIATION ARE: 1. TO WORK FOR THE WELFARE OF SCHOOL CHILDREN, THE ADVANCEMENT OF EDUCATION, AND THE IMPROVEMENT OF INSTRUCTIONAL OPPORTUNITIES FOR ALL. 2. TO UNITE AND STRENGTHEN THE TEACHING PROFESSION AND TO SECURE AND MAINTAIN ECONOMIC AND PROFESSIONAL SECURITY FOR ALL MEMBERS. 3. TO DEVELOP AND PROMOTE THE ADOPTION OF SUCH ETHICAL PRACTICES, PERSONNEL POLICIES, AND STANDARDS OF PREPARATION AND PARTICIPATION AS A MARK OF THE PROFESSION. 4. TO ENABLE MEMBERS TO SPEAK WITH A COMMON VOICE ON MATTERS PERTAINING TO THE TEACHING PROFESSION AND TO PRESENT THEIR INDIVIDUAL AND COMMON INTEREST BEFORE THE BOARD OF EDUCATION AND OTHER LEGAL AUTHORITIES. 5. TO HOLD PROPERTY AND FUNDS AND TO EMPLOY A STAFF AS NECESSARY FOR THE ATTAINMENT OF THESE PURPOSES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $133,265
Investment Income $184
Other Revenue $1,750
TOTAL REVENUE $135,199

Expense Breakdown

Grants Paid $2,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $128,655
Other Expenses $126,405
TOTAL EXPENSES $128,655

Year-over-Year Comparison

2022 2021 Change
Revenue $135,199 $145,658 -0.1%
Expenses $128,655 $139,434 -0.1%
Net Income $6,544 $6,224 +0.1%
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
14
Independent Members
14
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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENIA BOND BUSINESS MAN 1.00
Officer Director
$0 $0 $0
KATHY CARDWELL PECCA TEAM 1.00
Director
$0 $0 $0
JENNIFER GABY TEA UNISERV 1.00
Director
$0 $0 $0
ANDREA GRIFFEY PECCA MEMBER 1.00
Director
$0 $0 $0
CHRIS GREENE SCHOOL REP 1.00
Director
$0 $0 $0
DAWN GREENE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ANGELA HARTMAN CORRESPONDIN 1.00
Officer Director
$0 $0 $0
KATIE HUDSON EXECUTIVE BD 1.00
Director
$0 $0 $0
LINDSEY LONG SCHOOL REP 1.00
Director
$0 $0 $0
MELINDA REESE RECORDING SE 1.00
Officer Director
$0 $0 $0
TAMMY RIPLEY SCHOOL REP 1.00
Director
$0 $0 $0
CAROL ROUSE EXECUTIVE BD 1.00
Director
$0 $0 $0
ANNA WRIGHT PRESIDENT 1.00
Officer Director
$0 $0 $0
JENNY WYATT EXECUTIVE BD 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
2024 No data No data No data No data
2023 $135,199 $128,655 $71,418 $6,544
2022 $145,658 $139,434 $64,874 $6,224
2021 $145,252 $146,430 $58,650 $-1,178
2020 $140,461 $125,145 $59,828 $15,316
2019 $129,460 $127,209 $44,512 $2,251
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