TENNESSEE SCHOOL SYSTEMS FOR EQUITY (EIN 621616316) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

WAYNE QUALLS EXECUTIVE DIRECTOR

Phone

6154184043

Tax Period

2020-07-01 to 2021-06-30

TENNESSEE SCHOOL SYSTEMS FOR EQUITY, founded in 1995, is a small nonprofit that reported $306K in total revenue in fiscal year 2020. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $293K left a modest 4% surplus.

Mission

EDUCATIONAL FUNDING-SCHOOL SYSTEMS

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $304,831

Investment Income $847

Other Revenue $0

TOTAL REVENUE $305,678

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $293,333

Other Expenses $293,333

TOTAL EXPENSES $293,333

Year-over-Year Comparison

	2020	2019	Change
Revenue	$305,678	$198,832	+0.5%
Expenses	$293,333	$182,762	+0.6%
Net Income	$12,345	$16,070	-0.2%

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

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
DAN BLACK	BOARD MEMBER	N/A	Director	$0	$0	$0
WAYNE QUALLS EXECUTIVE DIRECTOR	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
MARK FLORENCE	BOARD MEMBER	N/A	Director	$0	$0	$0
DR MARK GRIFFITH	BOARD MEMBER	N/A	Director	$0	$0	$0
DR VERSIE HAMLETT	BOARD MEMBER	N/A	Director	$0	$0	$0
MATT HIXON	BOARD MEMBER	N/A	Director	$0	$0	$0
DR TRACY MCABEE	BOARD MEMBER	N/A	Director	$0	$0	$0
MANNY MOORE	BOARD MEMBER	N/A	Director	$0	$0	$0
DR DANNY WEEKS	BOARD MEMBER	N/A	Director	$0	$0	$0
MARLON DAVIS	PRESIDENT	N/A	Officer	$0	$0	$0
DIANE ELDER	SECRETARY	N/A	Officer	$0	$0	$0
JOEY HASSELL	VICE PRESIDE	N/A	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
2021	$305,678	$293,333	$788,655	$12,345
2020	$198,832	$182,762	$778,669	$16,070
2019	$276,996	$193,675	$761,537	$83,321

TENNESSEE SCHOOL SYSTEMS FOR EQUITY