Civic Intelligence

Farragut Business Alliance Inc

EIN 01-0963106 • 501(c)6 • Farragut, TN

Profile

Foster and Promote Business

Po Box 23583Farragut, TN 37933
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

22nd percentile

-20%

Higher net margin than 22% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-50%

Faster asset growth than 14% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-29%

Faster revenue growth than 20% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$19,039

Down $19,050 (-50%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$19,039

Down $19,050 (-50%) from 2023

Revenue

Down

$93,905

Down $38,216 (-29%) from 2023

Expenses

Up

$112,955

Up $4,211 (+3.9%) from 2023

Net Income

Down

-$19,050

Down $42,427 (-181%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20KAssets 2012: $19,333Net Assets 2012: $19,3332012Assets 2013: $29,370Liabilities 2013: $0Net Assets 2013: $29,3702013Assets 2014: $12,436Liabilities 2014: $0Net Assets 2014: $12,4362014Assets 2015: $0Liabilities 2015: $2,447Net Assets 2015: -$2,4472015Assets 2016: $7,676Liabilities 2016: $0Net Assets 2016: $7,6762016Assets 2017: $7,381Liabilities 2017: $0Net Assets 2017: $7,3812017Assets 2018: $32,973Liabilities 2018: $0Net Assets 2018: $32,9732018Assets 2019: $31,275Liabilities 2019: $0Net Assets 2019: $31,2752019Assets 2020: $26,594Liabilities 2020: $0Net Assets 2020: $26,5942020Assets 2021: $17,586Liabilities 2021: $0Net Assets 2021: $17,5862021Assets 2022: $14,712Liabilities 2022: $0Net Assets 2022: $14,7122022Assets 2023: $38,089Liabilities 2023: $0Net Assets 2023: $38,0892023Assets 2024: $19,039Liabilities 2024: $0Net Assets 2024: $19,0392024

Highlighted filing

2024

Assets$19,039
Liabilities$0
Net Assets$19,039

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2012: $90,425Expenses 2012: $86,884Net Income 2012: $3,5412012Revenue 2013: $84,710Expenses 2013: $74,673Net Income 2013: $10,0372013Revenue 2014: $92,821Expenses 2014: $109,755Net Income 2014: -$16,9342014Revenue 2015: $84,708Expenses 2015: $99,666Net Income 2015: -$14,9582015Revenue 2016: $56,510Expenses 2016: $46,387Net Income 2016: $10,1232016Revenue 2017: $104,213Expenses 2017: $104,511Net Income 2017: -$2982017Revenue 2018: $118,938Expenses 2018: $93,346Net Income 2018: $25,5922018Revenue 2019: $125,415Expenses 2019: $120,612Net Income 2019: $4,8032019Revenue 2020: $100,228Expenses 2020: $104,909Net Income 2020: -$4,6812020Revenue 2021: $116,888Expenses 2021: $125,896Net Income 2021: -$9,0082021Revenue 2022: $115,539Expenses 2022: $118,413Net Income 2022: -$2,8742022Revenue 2023: $132,121Expenses 2023: $108,744Net Income 2023: $23,3772023Revenue 2024: $93,905Expenses 2024: $112,955Net Income 2024: -$19,0502024

Highlighted filing

2024

Revenue$93,905
Expenses$112,955
Net Income-$19,050

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$93,905
Mission and Program Overview

Mission

Foster and Promote Business

Program Services

DescriptionGrantsExpenses
Positively impact Farraguts economic growth by assisting new businesses, supporting and promoting exiswting businesses and, in coordination with the Town of Farragut.-$0
Serves as the Official Welcoming Host for visitors at regionally significant events, in exchange for providing attendees with Farragut-branded promotional materials.-$0
Increase attendance of special events for Art in the Park for Kids, Farragut Food Festival and Light the Park.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Candace VioxPresidentPT$0--
Stephen KrempaskyExecutive DirectorPT$0--
Suzanne ThamesTreasurer-$0--
Tony CoxVoting Director-$0--
Corey BodnarVoting Director-$0--
Michelle AustinVoting Director-$0--
Debby FunkVoting Director-$0--
Anita Stone-DunfordVoting Director-$0--
David SmoakNon-Voting Director-$0--
Eric WhitenerVoting Director-$0--
Aaron CoxVoting Director-$0--
Nikki BrinkleyVoting Director-$0--
Wanda MalholtraVoting Director-$0--
Joey RuffaloVoting Director-$0--
Filing and Contact Details

Filer

Filer Name
Farragut Business Alliance Inc
EIN
01-0963106
In Care Of
% Stephen Krempasky
Address
Po Box 23583, Farragut, TN 37933

Signing Officer

Name
Stephen Krempasky
Title
Treasurer
Phone
8655991817
Signed
2025-05-07
Discuss with paid preparer
No

Preparer

Firm
Jessica Phillips CPA
Address
10805 Kingston Pike Ste 210, Farragut, TN 37934
Preparer
Jessica Phillips CPA
Phone
8652360228
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountAdvertising 27,274Cell Phone 873Dues/Subscriptions 4,149Supplies 796Insurance 1,934Event Fees 12,193Equipment Rent 6,711Gift Cards 3,404Food/Drinks 55Filing Fees 30Meeting Expense 151Office Supplies 16Bank Fees 44PO Box Rental 232Storage 1,788Miscellaneous 133Taxes/Licenses 390Hospitality 200Credit Card Fees 9

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ReturnHeader/Filer/EIN0010963106
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