HEAL MEMPHIS (EIN 823670223) - 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

2018

Legal Domicile

Principal Officer

K DURRELL COWAN

Phone

9012494120

Tax Period

2023-07-01 to 2024-06-30

HEAL MEMPHIS, founded in 2018, is a small nonprofit in the Education sector that reported $583K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $546K left a modest 6% surplus.

Mission

Heal 901 mission is cultivating the minds of young leaders while eradicating violence.

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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 $448,298

Program Service Revenue $134,857

Investment Income $0

Other Revenue $0

TOTAL REVENUE $583,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $413,595

Fundraising Expenses $0

Other Expenses $132,797

TOTAL EXPENSES $546,392

Year-over-Year Comparison

	2023	2022	Change
Revenue	$583,155	$968,473	-0.4%
Expenses	$546,392	$810,027	-0.3%
Net Income	$36,763	$158,446	-0.8%

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

N/A

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

Total Directors

$125,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
K DURELL COWAN	EXECUTIVE DIRECTOR	40	Director	$65,000	$0	$65,000
BRANDON OUSLEY	CCO	40	Director	$60,000	$0	$60,000

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
2024	$583,155	$546,392	$46,763	$36,763
2023	$968,473	$810,027	No data	$158,446

HEAL MEMPHIS