THE TESS MAJORS FOUNDATION

EIN: 922456448 501(c)(3) Education

NASHVILLE, TN

Total Revenue
$303,745
Total Expenses
$174,441
Total Assets
$380,782
Net Assets
$380,782
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
TN
Principal Officer
INMAN MAJORS
Phone
5404714875
Tax Period
2025-01-01 to 2025-12-31

THE TESS MAJORS FOUNDATION, founded in 2023, is a small nonprofit in the Education sector that reported $304K in total revenue in fiscal year 2025. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 43% operating margin.

Mission

THE TESS MAJORS FOUNDATION (THE FOUNDATION) WILL PROVIDE OPPORTUNITIES AND ACCESS TO INDIVIDUALS, PARTICULARLY CHILDREN AND YOUNG ADULTS, WITH CURIOSITY AND PASSION IN THE AREAS OF MUSIC, THEATRE, NATURE, ENVIRONMENTALISM, LITERATURE, AND JOURNALISM, ESPECIALLY IN SMALLER COMMUNITIES WHERE ACCESS TO ENRICHMENT IN THESE AREAS IS LIMITED. THE PURPOSE OF THE FOUNDATION IS TO SUPPORT ORGANIZATIONS THAT PROVIDE PROGRAMS AND VENUES THAT FOSTER ACTIVITIES AND EDUCATION IN SMALL COMMUNITIES IN MUSIC, THEATRE, NATURE, ENVIRONMENTALISM, LITERATURE, AND JOURNALISM. THE ACTIVITIES WILL BE CONDUCTED WITHIN THE UNITED STATES, PRIMARILY FROM THE OFFICES IN NASHVILLE, TENNESSEE. DONATIONS WILL BE SOUGHT NATIONWIDE FROM THE GENERAL PUBLIC, WHICH WILL GO ENTIRELY TO THE FUNDING OF PROGRAMS AND SPACES THAT EDUCATE, DEVELOP, AND SUPPORT INDIVIDUALS WITH INTEREST IN, AND PURSUING CAREERS IN, THE ARTS, CULTURE, AND ENVIRONMENTAL SCIENCES.

Program Service Accomplishments

Program 1
Expenses: $174,431 Revenue: $26,470

THE TESS MAJORS FOUNDATION PROVIDES OPPORTUNITIES AND ACCESS TO INDIVIDUALS, PARTICULARLY CHILDREN AND YOUNG ADULTS, WITH CURIOSITY AND PASSION IN THE AREAS OF MUSIC, THEATRE, NATURE...

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THE TESS MAJORS FOUNDATION PROVIDES OPPORTUNITIES AND ACCESS TO INDIVIDUALS, PARTICULARLY CHILDREN AND YOUNG ADULTS, WITH CURIOSITY AND PASSION IN THE AREAS OF MUSIC, THEATRE, NATURE, ENVIRONMENTALISM, LITERATURE, AND JOURNALISM, ESPECIALLY IN SMALLER COMMUNITIES WHERE ACCESS TO ENRICHMENT IN THESE AREAS IS LIMITED. THE PURPOSE OF THE FOUNDATION IS TO SUPPORT ORGANIZATIONS THAT PROVIDE PROGRAMS AND VENUES THAT FOSTER ACTIVITIES AND EDUCATION IN SMALL COMMUNITIES IN MUSIC, THEATRE, NATURE, ENVIRONMENTALISM, LITERATURE, AND JOURNALISM.

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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 (2025)

Revenue Breakdown

Contributions & Grants $262,675
Program Service Revenue $0
Investment Income $41,070
Other Revenue $0
TOTAL REVENUE $303,745

Expense Breakdown

Grants Paid $174,431
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $174,431
Other Expenses $10
TOTAL EXPENSES $174,441

Year-over-Year Comparison

2025 2024 Change
Revenue $303,745 $234,478 +0.3%
Expenses $174,441 $53,910 +2.2%
Net Income $129,304 $180,568 -0.3%
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
INMAN MAJORS PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTY MAJORS VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
ALLEN MCDUFFIE SECRETARY 1.00
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
2025 $303,745 $174,441 $380,782 $129,304
2024 $234,478 $53,910 $278,684 $180,568
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