Southeastern Advertising Publishers Association Inc

EIN: 621569230

Columbia, TN

Total Revenue
$165,579
Total Expenses
$219,945
Total Assets
N/A
Net Assets
N/A
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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
1992
Legal Domicile
TN
Principal Officer
Douglas R Fry
Phone
9312235708
Tax Period
2021-07-01 to 2022-06-30

Southeastern Advertising Publishers Association Inc, founded in 1992, is a small nonprofit that reported $166K in total revenue in fiscal year 2021. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $220K exceeded revenue, resulting in a 33% operating deficit.

Mission

A regional trade association serving the common business interests of all free community papers located in the Southeast.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $17,570
Investment Income $148,009
Other Revenue $0
TOTAL REVENUE $165,579

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,173
Fundraising Expenses $0
Program Expenses $194,462
Other Expenses $161,772
TOTAL EXPENSES $219,945

Year-over-Year Comparison

2021 2020 Change
Revenue $165,579 $212,765 -0.2%
Expenses $219,945 $197,712 +0.1%
Net Income $-54,366 $15,053 -4.6%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
8

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
6
$54,000
Total Directors
8
$54,000
Key Employees
1
$54,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas R Fry Executive Director 020.00
Officer Director Key Emp Highest
$54,000 $0 $54,000
Russell Quattlebaum Past President Board Member 003.00
Director
$0 $0 $0
Caroline Quattlebaum Treasurer Board Member 003.00
Officer Director
$0 $0 $0
Will Thomas Past President Board Member 003.00
Director
$0 $0 $0
Mike Marlow Past President Board Member 003.00
Officer Director
$0 $0 $0
Greg Ledford Vice President Board Member 003.00
Officer Director
$0 $0 $0
Anthony Cunningham Secretary Board Member 003.00
Officer Director
$0 $0 $0
Jonathan McElvy President Board Member 003.00
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
2022 $165,579 $219,945 No data $-54,366
2021 $212,765 $197,712 $169,910 $15,053
2020 $116,111 $141,754 $186,798 $-25,643
2019 $128,623 $104,331 $139,571 $24,292
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