Tupelo Service Finance Inc (EIN 640508308) - 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

1971

Legal Domicile

Principal Officer

SHARON NOBLES

Phone

6623773978

Tax Period

2020-10-01 to 2021-09-30

Tupelo Service Finance Inc, founded in 1971, is a community nonprofit in the Public & Societal Benefit sector that reported $1.1M in total revenue in fiscal year 2020. Revenue surged 69355% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

Tupelo Service Finance, Inc. provides a finance and collection service to non-profit or charitable institutions.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,135,495

Investment Income $92

Other Revenue $0

TOTAL REVENUE $1,135,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,080

Fundraising Expenses $0

Program Expenses $1,259,463

Other Expenses $1,245,258

TOTAL EXPENSES $1,260,338

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,135,587	$1,635	+693.5%
Expenses	$1,260,338	$3,685,285	-0.7%
Net Income	$-124,751	$-3,683,650	-1.0%

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

N/A

Employees

N/A

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

$2,085,116

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Michael S Spees	PRESIDENT & CEO	Officer	$0	$23,249	$1,136,996
Sharon Nobles	Treasurer & CFO	Officer	$0	$12,156	$552,387
Bruce Toppin	Secretary	Officer	$0	$12,233	$395,733

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
2021	$1,135,587	$1,260,338	No data	$-124,751
2020	$1,635	$3,685,285	$546,060	$-3,683,650
2019	$1,918,251	$3,530,071	$15,398,880	$-1,611,820
2018	$2,767,475	$1,739,494	$41,388,387	$1,027,981

Tupelo Service Finance Inc