NASHVILLE, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE, founded in 2001, is a small nonprofit in the Education sector that reported $855K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 42% operating deficit.
The mission of the Foundation is: to encourage support and promote the advancement and awareness of the System and its member institutions as it serves as a vital workforce development resource. The Foundation Board members will also be asked to assist the External Affairs Office and Assistant Vice Chancellor of Strategic Advancement in fundraising and capital campaigns as well as create opportunities for the System not provided by state funding for its member institutions.
For the fiscal year ended June 30 2024 the Foundation raised $835,456 in cash contributions and disbursed $726,246 in scholarships awards and grants on behalf of the Tennessee Colleges of Applied...
For the fiscal year ended June 30 2024 the Foundation raised $835,456 in cash contributions and disbursed $726,246 in scholarships awards and grants on behalf of the Tennessee Colleges of Applied Technology.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $854,672 | $1,339,789 | -0.4% |
| Expenses | $1,216,738 | $800,201 | +0.5% |
| Net Income | $-362,066 | $539,588 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ryan Ball | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sheila Boyington | Trustee Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dan Caldwell | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Erik Clinite | Trustee Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ryan Lucas | Trustee Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Leo R Meany | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Stephen Milligan | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Wendell Moore | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Ogden | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Susan Rhodes | Trustee President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wes Stowers | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Regent Danni B Varlan | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg A Vital | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr L Anthony Wise Jr | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Flora W Tydings | Ex-Officio Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Dr Kim McCormick | Ex-Officio Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Cris Perkins | Executive Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $854,672 | $1,216,738 | $2,484,489 | $-362,066 |
| 2023 | $1,339,789 | $800,201 | $2,846,555 | $539,588 |
| 2022 | $1,099,205 | $507,121 | $2,306,967 | $592,084 |
| 2021 | $507,961 | $105,413 | $1,714,883 | $402,548 |
| 2020 | $290,670 | $152,636 | $1,312,334 | $138,034 |
Compare THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE with other nonprofits in Tennessee and across the country.