TEMPLE OF PEACE AND VIRTUE

EIN: 822706157 501(c)(3) Religion

BRADYVILLE, TN

Total Revenue
$280,656
Total Expenses
$218,889
Total Assets
$259,258
Net Assets
$183,037
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
Bernard Shannon
Phone
7075681580
Tax Period
2021-01-01 to 2021-12-31

TEMPLE OF PEACE AND VIRTUE, founded in 2017, is a small nonprofit in the Religion sector that reported $281K in total revenue in fiscal year 2021. Revenue surged 160% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 22% operating margin.

Mission

to provide teaching and training of Qigong and related Daoist spiritual and religious techniques.

🔒

Trantor Score

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)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $86,450
Program Service Revenue $166,110
Investment Income $1,241
Other Revenue $26,855
TOTAL REVENUE $280,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,908
Fundraising Expenses $0
Program Expenses $121,858
Other Expenses $105,981
TOTAL EXPENSES $218,889

Year-over-Year Comparison

2021 2020 Change
Revenue $280,656 $107,761 +1.6%
Expenses $218,889 N/A N/A
Net Income $61,767 $107,761 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
2
Independent Members
N/A
Employees
2
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
2
$107,400
Total Directors
2
$107,400
Key Employees
2
$107,400
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bernard Shannon President 50.00
Officer Director Key Emp Highest
$48,000 $35,400 $83,400
Brenda Shannon Treasurer 50.00
Officer Director Key Emp
$24,000 $0 $24,000
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
2021 $280,656 $218,889 $259,258 $61,767
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TEMPLE OF PEACE AND VIRTUE with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.