MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS, founded in 2016, is a community nonprofit in the Education sector that reported $10.0M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $9.3M left a modest 7% surplus.
OUR MISSION IS TO OPERATE A NETWORK OF SCHOOLS AND PROVIDEPRODUCT DRIVEN SOLUTIONS THAT HELP SCHOOLS OPERATE MORE EFFICIENTLY SOTHAT THEY CAN PRIORITIZE THE CORE WORK OF EDUCATING STUDENTS.
PROVIDED 180+ DAYS OF K-8 EDUCATION TO OVER 700 STUDENTS IN MEMPHIS, TN AND DEVELOPED OPERATIONAL (TEACHER STAFFING, FINANCE, AND HR) SUPPORT SERVICES TO CHARTER SCHOOLS, PUBLIC SCHOOLS, AND OTHER...
PROVIDED 180+ DAYS OF K-8 EDUCATION TO OVER 700 STUDENTS IN MEMPHIS, TN AND DEVELOPED OPERATIONAL (TEACHER STAFFING, FINANCE, AND HR) SUPPORT SERVICES TO CHARTER SCHOOLS, PUBLIC SCHOOLS, AND OTHER EDUCATIONAL ENTITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,995,699 | $8,369,214 | +0.2% |
| Expenses | $9,294,429 | $7,936,292 | +0.2% |
| Net Income | $701,270 | $432,922 | +0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PRISCILLA EVERHART | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS HAYES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS PATTERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANAI DOUGLAS | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$154,600 | $0 | $154,600 |
| JAMES DENNIS | CHIEF STRATEGY OFFICER, CH | 40.00 |
Officer
|
$164,070 | $0 | $164,070 |
| ANGELA GOODIN | CHIEF OPERATING OFFICER | 40.00 |
Officer
|
$170,838 | $0 | $170,838 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $9,995,699 | $9,294,429 | $6,610,820 | $701,270 |
| 2023 | $8,369,214 | $7,936,292 | $5,781,776 | $432,922 |
| 2022 | $10,042,076 | $7,358,215 | $8,293,768 | $2,683,861 |
| 2020 | $9,853,092 | $9,123,326 | $4,237,856 | $729,766 |
| 2019 | $9,875,688 | $9,285,076 | $3,380,085 | $590,612 |
| 2018 | $9,747,523 | $9,406,663 | $3,044,127 | $340,860 |
Compare VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS with other nonprofits in Tennessee and across the country.