TENNESSEE HOMELESS SOLUTIONS (EIN 760826850) - 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

2006

Legal Domicile

Principal Officer

AMY MCDONALD

Phone

7317364211

Tax Period

2023-07-01 to 2024-06-30

TENNESSEE HOMELESS SOLUTIONS, founded in 2006, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum.

Mission

TO REDUCE HOMELESSNESS AND IMPROVE FAMILY STABILITY BY INCREASING HOUSING RESOURCES, ADMINISTRATION OF HUD-MCKINNEY VENTO FUNDS, AND SUPPORT SERVICES THROUGH COLLABORATIVE EFFORTS WITH PARTNER ORGANIZATIONS, WHEN AVAILABLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,206,304

Program Service Revenue $43,901

Investment Income $0

Other Revenue $68,084

TOTAL REVENUE $3,318,289

Expense Breakdown

Grants Paid $1,600,099

Salaries & Benefits $1,011,831

Fundraising Expenses $0

Program Expenses $3,212,908

Other Expenses $645,178

TOTAL EXPENSES $3,257,108

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,318,289	$1,795,411	+0.8%
Expenses	$3,257,108	$1,814,151	+0.8%
Net Income	$61,181	$-18,740	-4.3%

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

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

$78,070

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY MCDONALD	EXECUTIVE DI	40.00	Officer	$78,070	$0	$78,070
CHRISTY MCMAHAN	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE TODD	TREASURER	1.00	Officer Director	$0	$0	$0
BETH JAMES	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURA GILBERT	DIRECTOR	1.00	Director	$0	$0	$0
GINGER POWELL	CHAIR	1.00	Officer Director	$0	$0	$0
BECKY ALEXANDER	VICE CHAIR	1.00	Officer 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	$3,287,987	$3,257,108	$263,103	$30,879
2024	$3,318,289	$3,257,108	$282,827	$61,181
2023	$1,795,411	$1,814,151	$217,434	$-18,740
2022	$3,048,751	$2,987,846	$271,410	$60,905
2021	$1,775,750	$1,688,905	$327,721	$86,845
2020	$903,229	$977,284	$117,564	$-74,055
2019	$871,811	$871,874	$128,646	$-63
2018	$834,289	$848,986	$131,288	$-14,697

TENNESSEE HOMELESS SOLUTIONS