OUTDOOR ADVERTISING ASSOCIATION OF TENNESSEE INC (EIN 626046531) - 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

1934

Legal Domicile

Principal Officer

KAREN PARCHMAN

Phone

6152285500

Tax Period

2024-01-01 to 2024-12-31

OUTDOOR ADVERTISING ASSOCIATION OF TENNESSEE INC, founded in 1934, is a small nonprofit that reported $153K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $230K exceeded revenue, resulting in a 50% operating deficit.

Mission

ADVANCEMENT OF RESPONSIBLE OUTDOOR ADVERTISING POLICIIES AND PRACTICES THROUGH THE EDUCATION OF THE PUBLIC AND GOVERMENT ENTITIES

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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 $118,894

Program Service Revenue $32,986

Investment Income $1,491

Other Revenue $0

TOTAL REVENUE $153,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $230,035

Other Expenses $230,035

TOTAL EXPENSES $230,035

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,371	$277,110	-0.4%
Expenses	$230,035	$207,595	+0.1%
Net Income	$-76,664	$69,515	-2.1%

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

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

$6,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN PARCHMAN	SECRETARY	2.00	Officer	$6,000	$0	$6,000
DENISE SHEWMAKE	TREASURER	5.00	Officer	$0	$0	$0
PATRICK HARRINGTON	PRESIDENT	5.00	Officer	$0	$0	$0
MICHAEL MCFALL	1ST VICE PRESIDENT	1.00	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
2024	$153,371	$230,035	$377,170	$-76,664
2023	$277,110	$207,595	$453,834	$69,515
2022	$201,192	$159,879	$384,319	$41,313
2021	$218,197	$311,030	$343,006	$-92,833
2020	$517,485	$328,268	$435,839	$189,217

OUTDOOR ADVERTISING ASSOCIATION OF TENNESSEE INC