Springs Public Schools Tennessee

EIN: 874673855 501(c)(3) Education

Smyrna, TN

Total Revenue
$896,973
Total Expenses
$896,973
Total Assets
N/A
Net Assets
N/A
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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
2022
Legal Domicile
TN
Principal Officer
Shane Wickwire
Phone
9513499721
Tax Period
2023-01-01 to 2023-12-31

Springs Public Schools Tennessee, founded in 2022, is a small nonprofit in the Education sector that reported $897K in total revenue in fiscal year 2023. Revenue surged 163% from the prior year, signaling strong growth momentum.

Mission

Springs is a parent choice school where the community is the classroom. The mission of Springs public Schools Tennessee - Empower Academy is to empower students.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $896,973
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $896,973

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $896,973
Other Expenses $896,973
TOTAL EXPENSES $896,973

Year-over-Year Comparison

2023 2022 Change
Revenue $896,973 $340,828 +1.6%
Expenses $896,973 $340,828 +1.6%
Net Income $0 $0 N/A
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

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Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Pham Director 2.00
Director
$0 $0 $0
Kathleen Hermsmeyer CEO 5.00
Officer Director
$0 $0 $0
Tanya Rogers CFO 5.00
Officer 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 $340,828 $340,828 No data No data
2023 $896,973 $896,973 No data No data
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