TENNESSEE PRINCIPALS ASSOCIATION

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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

1938

Legal Domicile

Principal Officer

BRIAN K PARTIN

Phone

4235790855

Tax Period

2025-01-01 to 2025-12-31

TENNESSEE PRINCIPALS ASSOCIATION, founded in 1938, is a small nonprofit that reported $306K in total revenue in fiscal year 2025. Expenses of $275K left a modest 10% surplus.

Mission

PROFESSIONAL ORGANIZATION OF SCHOOL PRINCIPALS TO SHARE IDEAS ON EDUCATION

Program Service Accomplishments

Program 1

BOARD OF DIRECTORS MEETINGS TO OUTLINE ORGANIZATION AND MEMBERSHIP FUTURE AND CHANGES IN PUBLIC EDUCATION. MEMBERSHIP MEETINGS TO SHARE IDEAS RELATING TO PUBLIC EDUCATION.COMMUNICATIONS NEWSLETTER TO...

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $207,027

Investment Income $10,109

Other Revenue $89,100

TOTAL REVENUE $306,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,800

Fundraising Expenses $0

Other Expenses $222,285

TOTAL EXPENSES $275,085

Year-over-Year Comparison

	2025	2024	Change
Revenue	$306,236	$288,106	+0.1%
Expenses	$275,085	$295,822	-0.1%
Net Income	$31,151	$-7,716	-5.0%

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

$52,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN K PARTIN	Executive Dir.	15.00	Director	$45,000	$0	$45,000
STACY EDWARDS	Associate Dir.	3.00	Director	$7,800	$0	$7,800
DEEANNE MIREE	Past President	0.50	Officer	$0	$0	$0
DARLA YOUNG BERRY	President	2.00	Officer	$0	$0	$0
PATRICK CERTION	President-elect	0.50	Officer	$0	$0	$0
JESSE GOINS	Vice President	0.50	Officer	$0	$0	$0
SHAY SILER	NAESP State Rep	0.50	Officer	$0	$0	$0
TERRENCE BRITTENUM	Secretary	0.50	Officer	$0	$0	$0
HOLLY FLORA	Treasurer	1.00	Officer	$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	$306,236	$275,085	$434,409	$31,151
2024	$288,106	$295,822	$403,258	$-7,716
2023	$325,541	$294,669	$410,974	$30,872
2022	$314,028	$269,709	$380,102	$44,319
2021	$303,417	$238,186	$335,783	$65,231
2020	$214,790	$162,459	$270,552	$52,331
2019	$243,716	$211,013	$218,221	$32,703
2018	$241,938	$207,954	$185,518	$33,984