FRANKLIN TOMORROW INC

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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

2000

Legal Domicile

Principal Officer

MINDY TATE

Phone

6157940998

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN TOMORROW INC, founded in 2000, is a small nonprofit in the Education sector that reported $373K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $342K left a modest 8% surplus.

Mission

WE ENGAGE THE COMMUNITY, FOSTER COLLABORATION AND ADVOCATE FOR A SHARED VISION FOR THE FUTURE OF FRANKIN, TENNESSEE. THAT SHARED VISIONS INCLUDES A VIBRANT ECONOMY, GREAT PEOPLE, DISTINCT CHARACTER, AND ROBUST NEIGHBORHOODS.

Program Service Accomplishments

Program 1

Expenses: $221,338 Revenue: $373,443

BREAKFAST WITH THE MAYORS TO ENCOURAGE COMMUNICATION BETWEEN OUR GOVERNMENT AND OUR BUSINESS COMMUNITY.FRANK TALKS A MONTHLY COMMUNITY LECTURE SERIES THAT PROVIDES AN OPPORTUNITY FOR FRANKLIN...

BREAKFAST WITH THE MAYORS TO ENCOURAGE COMMUNICATION BETWEEN OUR GOVERNMENT AND OUR BUSINESS COMMUNITY.FRANK TALKS A MONTHLY COMMUNITY LECTURE SERIES THAT PROVIDES AN OPPORTUNITY FOR FRANKLIN RESIDENTS TO LEARN, ENGAGE IN IMPORTANT TOPICS AND DISCUSSIONS THAT FOSTER COLLABORATION TO HELP SHAPE OUR COMMUNITY.VOLUNTEER AWARDS CEREMONY TO HONOR THE DECADES OF SERVICE AND TREMENDOUS IMPACT OF OUR VOLUNTEERS IN OUR COMMUNITY.VISION CITY VISIT AN INVITATION-ONLY, MULTI-DAY TRIP BY BUSINESS AND COMMUNITY LEADERS TO SEE INNOVATION AND EXCELLENCE IN COMMUNITY DEVELOPMENT, GOVERNANCE AND LEADERSHIP.ON THE TABLE A COMMUNITY-WIDE INITIATIVE FOR PEOPLE TO GATHER IN SMALL GROUPS AROUND A TABLE WITH FRIENDS, NEIGHBORS, COLLEAGUES AND MAYBE EVEN A FEW PEOPLE MEETING FOR THE FIRST TIME, TO SHARE A MEAL AND HAVE A REAL CONVERSATION ABOUT WHAT'S IMPORTANT TO THE COMMUNITY.

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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 $270,597

Program Service Revenue $0

Investment Income $11,486

Other Revenue $91,360

TOTAL REVENUE $373,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,512

Fundraising Expenses $90,796

Program Expenses $221,338

Other Expenses $169,295

TOTAL EXPENSES $341,807

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,443	$311,917	+0.2%
Expenses	$341,807	$298,655	+0.1%
Net Income	$31,636	$13,262	+1.4%

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

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

$87,779

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE BRADLEY	VICE CHAIR OF PROGRAMS	1.00	Officer Director	$0	$0	$0
GREG FREEZE	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BERNICK	DIRECTOR	1.00	Director	$0	$0	$0
MARY MICHAEL CROSS	DIRECTOR	1.00	Director	$0	$0	$0
APRIL EATON	DIRECTOR	1.00	Director	$0	$0	$0
TERESA ASHWORTH HARRIS	BOARD CHAIR	1.00	Director	$0	$0	$0
ADAM HICKS	DIRECTOR	1.00	Director	$0	$0	$0
CASSIE JONES	VICE CHAIR OF MARKETING	1.00	Officer Director	$0	$0	$0
PEGGY KIDD	VICE CHAIR OF OUTREACH	1.00	Officer Director	$0	$0	$0
DIANE LEBLANC	DIRECTOR	1.00	Officer Director	$0	$0	$0
TRAVIS LESTER	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA LUCYSHYN	DIRECTOR	1.00	Director	$0	$0	$0
AMY HILTON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA CHRISTIANSEN	DIRECTOR	1.00	Director	$0	$0	$0
DORIS MCMILLAN	DIRECTOR	1.00	Director	$0	$0	$0
CATHY CLARK PERRY	DIRECTOR	1.00	Director	$0	$0	$0
RENEE SHAFER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SHUN	DIRECTOR	1.00	Director	$0	$0	$0
ELAINE WHITNEY	DIRECTOR	1.00	Director	$0	$0	$0
JOE JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE MCALISTER	DIRECTOR	1.00	Director	$0	$0	$0
CLAY PERRY	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE SIMPSON	DIRECTOR	1.00	Director	$0	$0	$0
MINDY TATE	CHIEF EXECUTIVE OFFICER	40.00	Officer	$87,779	$0	$87,779

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
2024	$373,443	$341,807	$273,662	$31,636
2023	$311,917	$298,655	$330,368	$13,262
2022	$365,582	$337,514	$249,761	$28,068
2022	$355,582	$327,514	$249,761	$28,068
2021	$320,513	$268,382	$193,342	$52,131
2020	$217,320	$202,777	$204,432	$14,543
2019	$203,531	$194,958	$123,874	$8,573
2018	$195,719	$199,839	$115,301	$-4,120