NRM SUPPORT CORPORATION

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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

2023

Legal Domicile

Principal Officer

GLENN CRANFIELD

Phone

6153121501

Tax Period

2024-10-01 to 2025-09-30

NRM SUPPORT CORPORATION, founded in 2023, is a small nonprofit in the Housing & Shelter sector that reported $479K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $855K exceeded revenue, resulting in a 79% operating deficit.

Mission

NRM SUPPORT CORPORATION IS OPERATED FOR THE CHARITABLE PURPOSE OF HOLDING TITLE OR A LEASEHOLD INTEREST IN PROPERTY, COLLECTING INCOME FROM THAT PROPERTY, AND SUPPORTING NASHVILLE RESCUE MISSION TO FACILITATE THE ORGANIZATION'S NEW MARKETS TAX CREDIT AGREEMENT RELATED TO THE COMPLETED CONSTRUCTION OF A WOMEN'S AND CHILDREN'S CENTER LOCATED AT 1716 ROSA PARKS BLVD AND LEASING OF THE PROPERTY TO NASHVILLE RESCUE MISSION MINISTRIES, LLC BEGINNING DECEMBER 1, 2023.

Program Service Accomplishments

Program 1

Expenses: $828,329 Revenue: $471,721

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $7,283

Other Revenue $471,721

TOTAL REVENUE $479,004

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $828,329

Other Expenses $855,100

TOTAL EXPENSES $855,100

Year-over-Year Comparison

	2024	2023	Change
Revenue	$479,004	$548,445	-0.1%
Expenses	$855,100	$747,356	+0.1%
Net Income	$-376,096	$-198,911	+0.9%

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

$263,957

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC WARD	CHAIR	1.00	Officer Director	$0	$0	$0
BROOKS SMITH	SECRETARY (10/31/24-5/20/25)	1.00	Officer Director	$0	$0	$0
JERRY FAULKNER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MORGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH MORRISON	BOARD MEMBER (7/23/25-9/30/25)	1.00	Director	$0	$0	$0
JOEY MOSS	BOARD MEMBER (7/23/25-9/30/25)	1.00	Director	$0	$0	$0
GLENN CRANFIELD	CEO	5.00	Officer	$0	$29,598	$263,957

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
2025	$479,004	$855,100	$21,910,623	$-376,096
2024	$548,445	$747,356	$22,065,599	$-198,911
2023	$11,516,189	$84,441	$22,125,540	$11,431,748