TUNICA INSTITUTE OF LEARNING INC (EIN 640428582) - 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

1966

Legal Domicile

Principal Officer

RANSOM MYERS

Phone

6623631051

Tax Period

2022-07-01 to 2023-06-30

TUNICA INSTITUTE OF LEARNING INC, founded in 1966, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $403K, a strong 21% operating margin.

Mission

THE MISSION IS EDUCATION-PRIVATE SCHOOL-GRADES PRE K-3, PRE K-4 AND KINDERGARTEN THROUGH TWELVE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $667,155

Program Service Revenue $1,029,601

Investment Income $22,665

Other Revenue $187,886

TOTAL REVENUE $1,907,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,074,987

Fundraising Expenses $0

Program Expenses $137,861

Other Expenses $429,177

TOTAL EXPENSES $1,504,164

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,907,307	$2,022,245	-0.1%
Expenses	$1,504,164	$1,418,690	+0.1%
Net Income	$403,143	$603,555	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN KOEHLER BIBB	TREASURER	1.00	Officer	$0	$0	$0
TIM SANDERS	SECRETARY	1.00	Officer	$0	$0	$0
RANSOM MYERS	PRESIDENT	5.00	Officer	$0	$0	$0
LAMAR BOYD	VICE-PRESIDE	1.00	Officer	$0	$0	$0
GARY BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
COLLINS FYFE	DIRECTOR	1.00	Director	$0	$0	$0
MCLEAN SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOHNSON	MEMBER AT LA	1.00	Officer	$0	$0	$0
CURTIS BERRY	DIRECTOR	1.00	Director	$0	$0	$0
BUBBA BATTLE	DIRECTOR	1.00	Director	$0	$0	$0
BUDDY ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF HORN	DIRECTOR	1.00	Director	$0	$0	$0
CAREY WEBB	DIRECTOR	1.00	Director	$0	$0	$0
DOUG MCLEAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SIDES	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,907,307	$1,504,164	$1,034,620	$403,143
2022	$1,973,535	$1,672,544	$623,062	$300,991
2021	$2,022,245	$1,418,690	$352,113	$603,555
2020	$1,137,299	$1,394,236	$306,078	$-256,937

TUNICA INSTITUTE OF LEARNING INC