TENNESSEE GROCERS EDUCATION FOUNDATION (EIN 621254831) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

ROB IKARD

Phone

6158890136

Tax Period

2023-06-01 to 2024-05-31

TENNESSEE GROCERS EDUCATION FOUNDATION, founded in 1985, is a small nonprofit in the Education sector that reported $360K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $317K left a modest 12% surplus.

Mission

THE FOUNDATION'S PURPOSE IS TO PROMOTE EDUCATION WITHIN THE FOOD INDUSTRY BY PROVIDING SCHOLARSHIPS, PROMOTING CONTINUING EDUCATION, AND SUPPORTING PROGRAMS AT EDUCATIONAL INSTITUTIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $123,060

Program Service Revenue $0

Investment Income $152,834

Other Revenue $83,918

TOTAL REVENUE $359,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $15,869

Program Expenses $253,899

Other Expenses $317,374

TOTAL EXPENSES $317,374

Year-over-Year Comparison

	2023	2022	Change
Revenue	$359,812	$223,799	+0.6%
Expenses	$317,374	$364,238	-0.1%
Net Income	$42,438	$-140,439	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$135,680

Total Directors

$135,680

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB IKARD	PRESIDENT	20	Officer Director	$0	$0	$135,680
DANA NAIFEH	CHAIRMAN	2	Officer Director	$0	$0	$0
MATT REESE	CHAIRMAN-ELECT	2	Officer Director	$0	$0	$0
KELLY FIELDS	TREASURER	2	Officer Director	$0	$0	$0
SHANE ALLISON	PAST CHAIRMAN	2	Officer Director	$0	$0	$0
LAUREN BELL	TRUSTEE	1	Director	$0	$0	$0
MICHAEL BRENNAN	TRUSTEE	1	Director	$0	$0	$0
RODNEY DILLARD	TRUSTEE	1	Director	$0	$0	$0
KIM EMERY	TRUSTEE	1	Director	$0	$0	$0
BRENT HARRIS	TRUSTEE	1	Director	$0	$0	$0
TERRY MATTHEWS	TRUSTEE	1	Director	$0	$0	$0
JAKE NULL	TRUSTEE	1	Director	$0	$0	$0
JASON SMITH	TRUSTEE	1	Director	$0	$0	$0
LESLEY SPRAY	TRUSTEE	1	Director	$0	$0	$0
BOYD WEST	TRUSTEE	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	No data	No data	No data	No data
2024	$359,812	$317,374	$1,627,133	$42,438
2023	$223,799	$364,238	$1,619,217	$-140,439
2022	$200,449	$339,618	$1,790,841	$-139,169
2021	$96,981	$283,231	$1,895,887	$-186,250
2020	$188,982	$307,561	$1,695,857	$-118,579
2019	$72,856	$141,237	$1,900,611	$-68,381
2018	$196,890	$345,874	$1,887,720	$-148,984

TENNESSEE GROCERS EDUCATION FOUNDATION