NET RESOURCE FOUNDATION (EIN 811168775) - 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

2015

Legal Domicile

Principal Officer

PAUL MIDDLEBROOKS

Phone

4236291649

Tax Period

2024-01-01 to 2024-12-31

NET RESOURCE FOUNDATION, founded in 2015, is a small nonprofit in the Human Services sector that reported $308K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 30% operating margin.

Mission

THE MISSION OF THE NET RESOURCE FOUNDATION IS TO CHALLENGE SYSTEMIC ISSUES THROUGH MENTORSHIP AND COMMUNITY-BUILDING PROGRAMS IN THE SOUTH CHATTANOOGA COMMUNITY.

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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 $293,594

Program Service Revenue $13,945

Investment Income $182

Other Revenue $0

TOTAL REVENUE $307,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,385

Fundraising Expenses $0

Program Expenses $205,404

Other Expenses $147,104

TOTAL EXPENSES $214,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$307,721	$234,008	+0.3%
Expenses	$214,489	$157,733	+0.4%
Net Income	$93,232	$76,275	+0.2%

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

$31,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUDOLPH FOSTER	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROL JOHNSON	PARLIAMENTARIAN BOARD MEMB	2.00	Director	$0	$0	$0
GEORGE W MAIZE	V-BOARD MEMBER	0.00	Director	$0	$0	$0
PAUL MIDDLEBROOKS	BOARD PRESIDENT	2.00	Officer	$0	$0	$0
PATRICIA PACE	BOARD TREASURER	16.00	Officer	$0	$0	$0
DAMIEN VINSON	VICE PRESIDENT	2.00	Officer	$0	$0	$0
PAMELA SAMMONS	SECRETARY	2.00	Officer	$0	$0	$0
RAQUETTA DOTLEY	EXECUTIVE DIRECTOR	30.00	Officer	$31,200	$0	$31,200

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	$307,721	$214,489	$239,811	$93,232
2023	$234,008	$157,733	$147,603	$76,275

NET RESOURCE FOUNDATION