METRO NASHVILLE TEACHERS' APARTMENTS INC (EIN 626050949) - 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

1967

Legal Domicile

Principal Officer

WARREN SMITH III

Phone

6152977536

Tax Period

2024-01-01 to 2024-12-31

METRO NASHVILLE TEACHERS' APARTMENTS INC, founded in 1967, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $362K, a strong 26% operating margin.

Mission

TO PROVIDE INDEPENDENT AFFORDABLE HOUSING FOR SENIORS 62 AND OLDER.

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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 $0

Program Service Revenue $1,217,436

Investment Income $70,355

Other Revenue $94,857

TOTAL REVENUE $1,382,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,440

Fundraising Expenses $0

Program Expenses $950,331

Other Expenses $818,385

TOTAL EXPENSES $1,020,825

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,382,648	$1,276,823	+0.1%
Expenses	$1,020,825	$889,163	+0.1%
Net Income	$361,823	$387,660	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARREN D SMITH III	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
DAVID RAWLINGS	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
ROBERT H NAPIER	TREASURER	2.00	Officer Director	$0	$0	$0
STEVE DAVIS	SECRETARY	2.00	Officer Director	$0	$0	$0
LUANNE PITTS WALTEMATH	DIRECTOR	2.00	Director	$0	$0	$0
LEIGHTON LILES	DIRECTOR	2.00	Director	$0	$0	$0
JAMES JIM CROSSMAN	DIRECTOR	2.00	Director	$0	$0	$0
MANDY WACHTLER	DIRECTOR	2.00	Director	$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	$1,382,648	$1,020,825	$6,076,745	$361,823
2023	$1,276,823	$889,163	$5,798,682	$387,660
2022	$1,242,826	$880,395	$5,520,679	$362,431
2021	$1,169,405	$853,386	$5,331,437	$316,019
2020	$1,157,983	$849,138	$5,091,429	$308,845
2019	$1,126,823	$757,733	$4,878,807	$369,090
2018	$1,040,087	$788,957	$4,638,153	$251,130

METRO NASHVILLE TEACHERS' APARTMENTS INC