Paris Academy Association
Nonprofit profile at a glance
- EIN
- 311810298
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Paris, TN, USA
- Phone
- 7316423411
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $149,344
- Expenses
- $157,928
- Assets
- $359,953
- Liabilities
- $1,880
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- TOMMY WIMBERLEY (PRESIDENT)
People named in this filing
- MEREDITH VAJDA (VICE PRESIDE)
- TOMMY WIMBERLEY (PRESIDENT)
- JESSICA CREWS (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve and restore the historic building and grounds of paris academy for the arts in paris Tennessee and to make the building a useful and viable part of contemporary culture, civic life, and social structure of paris and henry county.
What it reported doing in 2024
Maintenance to preserve historic building & grounds of robert e. Lee school. Providing a useful and viable part of the contemporary culture, civic life and social structure of paris and henry county by instruction & promotion of the arts, dance, music, and drama to children & adults of all ages.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.2%; rating input score 44
- Program expense ratio: 41.8%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.7%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 2.28; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -4.2% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 13.5% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 44.2% of revenue deployed · 41.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.