SOUTH CENTRAL TN BUSINESS DEVELOPME (EIN 680552352) - 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

1982

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

SOUTH CENTRAL TN BUSINESS DEVELOPME, founded in 1982, is a small nonprofit that reported $362K in total revenue in fiscal year 2024. The organization ran a surplus of $60K, a strong 17% operating margin.

Mission

TO ASSIST COMMUNITIES AND BUSINESSES TO ACCESS VARIOUS STATE AND LOCAL GRANT AND LOAN PROGRAMS TO FACILITATE THE LOCATION AND EXPANSION OF BUSINESSES THAT CAN CREATE EMPLOYMENT OPPORTUNITIES FOR RESIDENTS OF THE AREA.

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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 $330,991

Investment Income $0

Other Revenue $30,906

TOTAL REVENUE $361,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $301,454

Other Expenses $301,454

TOTAL EXPENSES $301,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$361,897	N/A	N/A
Expenses	$301,454	N/A	N/A
Net Income	$60,443	N/A	N/A

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

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
ANTHONY F BEYER	TREASURER	4.00	Officer Director	$0	$0	$0
BRENDA L BROCK	DIRECTOR	0.50	Director	$0	$0	$0
JEFF A WHITMORE	PRESIDENT	2.00	Officer Director	$0	$0	$0
HOWARD G KIRKSEY	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM K DURHAM	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN C SHUFF	SECRETARY	0.50	Director	$0	$0	$0
CHARLES G DOUGLAS	DIRECTOR	0.50	Director	$0	$0	$0
MATT A LAYTON	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
2025	$361,897	$301,454	$329,402	$60,443
2024	$403,597	$351,445	$316,781	$52,152
2023	$342,810	$316,893	$216,807	$25,917
2022	$342,063	$342,497	$190,890	$-434
2021	$407,072	$364,434	$196,324	$42,638
2020	$280,288	$243,192	$143,686	$37,096
2019	$238,000	$235,780	$106,590	$2,220

SOUTH CENTRAL TN BUSINESS DEVELOPME