DRM TITLE HOLDING CORPORATION (EIN 813686853) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

KIRK THOMPSON

Phone

2565362441

Tax Period

2022-07-01 to 2023-06-30

DRM TITLE HOLDING CORPORATION, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $47K in total revenue in fiscal year 2018. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $347K exceeded revenue, resulting in a 633% operating deficit.

Mission

THE DRM TITLE HOLDING CORPORATION IS OPERATED FOR THE CHARITABLE PURPOSE OF HOLDING TITLE OR A LEASEHOLD INTEREST IN PROPERTY, COLLECTING INCOME FROM THAT PROPERTY, AND TURNING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $7,500,000

TOTAL REVENUE $7,500,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,473,965

TOTAL EXPENSES $6,473,965

Year-over-Year Comparison

	2022	2021	Change
Revenue	$7,500,000	N/A	N/A
Expenses	$6,473,965	$186,449	+33.7%
Net Income	$1,026,035	$-186,449	-6.5%

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
KIRK THOMPSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
PHILLIP BENTLEY III	TREASURER	1.00	Officer Director	$0	$0	$0
FRED COFFEY	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN GIBSON	MEMBER	1.00	Director	$0	$0	$0
DOUG ROBERTS	MEMBER	1.00	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
2023	$7,500,000	$6,473,965	No data	$1,026,035
2022	No data	$186,449	$6,473,965	No data
2021	No data	$214,319	$6,660,414	No data
2020	No data	$325,257	$6,874,733	No data
2019	$47,413	$347,423	$7,199,990	$-300,010

DRM TITLE HOLDING CORPORATION