TENNESSEE FAMILY SOLUTIONS INC (EIN 621814432) - 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

1999

Legal Domicile

Principal Officer

RALPH KENNEDY

Phone

2708224218

Tax Period

2023-07-01 to 2024-06-30

TENNESSEE FAMILY SOLUTIONS INC, founded in 1999, is a mid-sized nonprofit in the Mental Health sector that reported $12.6M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $11.9M left a modest 6% surplus.

Mission

RESIDENTIAL AND SUPPORT SERVICES TO CHILDREN AND ADULTS WITH SEVERE AND MULTIPLE DISABILITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $18,472

Program Service Revenue $12,575,230

Investment Income $0

Other Revenue $54,966

TOTAL REVENUE $12,648,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,271,396

Fundraising Expenses $0

Program Expenses $9,017,762

Other Expenses $3,671,432

TOTAL EXPENSES $11,942,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,648,668	$11,381,413	+0.1%
Expenses	$11,942,828	$11,488,918	+0.0%
Net Income	$705,840	$-107,505	-7.6%

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

Governance

Voting Members

Independent Members

N/A

Employees

220

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

$213,866

Total Directors

$114,799

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RALPH M KENNEDY	CHAIRPERSON & PRESIDENT	40.00	Officer Director	$114,799	$0	$114,799
JULIA BARNES	BOARD MEMBER	1.00	Director	$0	$0	$0
PENNY HOOPER	SECRETARY	1.00	Officer Director	$0	$0	$0
KERRI L HARWOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBBIE MCCURDY	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY MUMME	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
SONYA CRAIG	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLY HALL	EXECUTIVE DIRECTOR	40.00	Officer	$99,067	$0	$99,067
YETUNDE OLANIRAN	DIRECTOR	40.00	Highest	$106,458	$0	$106,458
CASEY ASHLEY	DIRECTOR	40.00	Highest	$105,967	$0	$105,967
JESSICA BROWN	DIRECTOR	40.00	Highest	$104,053	$0	$104,053

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	$12,648,668	$11,942,828	$13,892,139	$705,840
2023	$11,381,413	$11,488,918	$14,941,415	$-107,505
2022	$11,557,819	$11,148,351	$15,676,740	$409,468
2021	$12,404,847	$10,787,715	$15,882,984	$1,617,132
2020	$11,445,948	$11,457,372	$16,600,500	$-11,424
2019	$11,690,925	$11,439,021	$15,557,393	$251,904
2018	$11,270,902	$11,052,210	$15,782,056	$218,692

TENNESSEE FAMILY SOLUTIONS INC