TENN-SHARE

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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

1996

Legal Domicile

Phone

6156698670

Tax Period

2024-07-01 to 2025-06-30

TENN-SHARE, founded in 1996, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024.

Mission

TENN-SHARE IS A MEMBER DRIVEN ORGANIZATION SERVING TENNESSEE LIBRARIES BY PROVIDING COST EFFECTIVE RESOURCES AND SERVICES THAT HELP THEM BETTER SERVE THIER COMMUNITIES. TENN-SHARE HELPS LIBRARIES SAVE MONEY ON DATABASES AND EBOOKS, SHARE RESOURCES USING THE COURIER SYSTEM

Program Service Accomplishments

Program 1

Expenses: $1,661,874

TENN-SHARE SAVES MEMEBERS 5-95% OFF OF RETAIL PRICE ON DATABASE SUBSCRIPTIONS BY NEGOTIATING GROUP RATES, AND ASSESSES ADMINISTRATIVE FEES TO PROCESS INVOICES AND PAYMENTS.

Program 2

Expenses: $525,304

THROUGH TENN-SHARE, MEMBER LIBRARIES PROVIDE INTER-LIBRARY LOAN SERVICES MORE AFFORDABLY WITH STATE-WIDE COURIER SERVICE. THIS SERVICE ALLOWS MEMBER LIBRARIES TO MOVE REQUESTED LIBRARY MATERIALS MORE EASILY ACROSS THE STATE TO OTHER MEMBER LIBRARIES. TENN-SHARE ASSESSES ADMINISTRATIVE FEES TO PROCESS INVOICES ANDE PAYMENTS, AND RESPOND TO CUSTOMER SERVICE INQUIRIES AND ISSUES.

Program 3

Expenses: $1,867

TENN-SHARE SPONSORS AN ANNUAL TWO DAY CONFERENCE THAT INCLUDES DEMONSTRATIONS OF THE LATEST ELECTRONIC DATABASES AND TOOLS BY VENDORS, AND ADDRESSES AND WORKSHOPS BY STATE AND NATIONAL LIBRARY...

TENN-SHARE SPONSORS AN ANNUAL TWO DAY CONFERENCE THAT INCLUDES DEMONSTRATIONS OF THE LATEST ELECTRONIC DATABASES AND TOOLS BY VENDORS, AND ADDRESSES AND WORKSHOPS BY STATE AND NATIONAL LIBRARY EXPERTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $74,175

Program Service Revenue $2,143,536

Investment Income $7,505

Other Revenue $1,074

TOTAL REVENUE $2,226,290

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,567

Fundraising Expenses $0

Program Expenses $2,189,045

Other Expenses $2,140,463

TOTAL EXPENSES $2,222,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,226,290	$2,261,444	0.0%
Expenses	$2,222,030	$2,252,732	0.0%
Net Income	$4,260	$8,712	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIE MEZICK	PAST PRESIDENT	0.00	Officer Director	$0	$0	$0
SOFIYA DAHMAN	DIRECTOR	0.00	Director	$0	$0	$0
SARAH KEIL	DIRECTOR	0.00	Director	$0	$0	$0
ED HUGHES	DIRECTOR	0.00	Director	$0	$0	$0
MARCIE BOUTWELL	PRESIDENT	0.00	Officer Director	$0	$0	$0
WENDY TRENTHEM	DIRECTOR	0.00	Director	$0	$0	$0
LEE BOULIE	DIRECTOR	0.00	Director	$0	$0	$0
JOHN ELLIOTT	DIRECTOR	0.00	Director	$0	$0	$0
COURTNEY FUSON	DIRECTOR	0.00	Director	$0	$0	$0
CAROLINA CONNER	TREASURER	0.00	Officer Director	$0	$0	$0
BRIGHID GONZALES	DIRECTOR	0.00	Director	$0	$0	$0
DIETTE WARD	DIRECTOR	0.00	Director	$0	$0	$0
DR ANGEL PRIDGEN	DIRECTOR	0.00	Director	$0	$0	$0
KATIE PARR	DIRECTOR	0.00	Director	$0	$0	$0
M MIRIA WEBB	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
HD MCKAY	SECRETARY	0.00	Officer Director	$0	$0	$0
KEISHA PARKS	DIRECTOR	0.00	Director	$0	$0	$0
ELIZABETH JOHNSON	DIRECTOR	0.00	Director	$0	$0	$0
MEGAN HEADRICK	DIRECTOR	0.00	Director	$0	$0	$0
ARI RAKESTRAW	EXECUTIVE DIRECTOR	40.00	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	$2,226,290	$2,222,030	$929,056	$4,260
2024	$2,261,444	$2,252,732	$921,958	$8,712
2023	$1,909,765	$1,899,996	$1,203,595	$9,769
2022	$1,846,388	$1,854,517	$1,129,556	$-8,129
2021	$1,742,116	$1,740,488	$1,003,281	$1,628
2020	$117,219	$115,030	$1,309,486	$2,189