Civic Intelligence

The Sponsors Scholarship Program

EIN 20-2511913 • 501(c)3 • Nashville, TN

Profile

The mission of the sponsors scholarship program is to offer financial and mentoring assistance to young people of promise who are financially unable to pay for their own post high school education by providing up to $2500 annually to bridge the gap between other scholarships received and the cost of the student's chosen school.

P O Box 158148Nashville, TN 37215

www.thesponsors.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

3rd percentile

-747%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-69%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$437,438

Down $11,597 (-2.6%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

$437,438

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin3rd percentile

Revenue

Down

$143,498

Down $14,123 (-9.0%) from 2014

Expenses

Up

$150,146

Up $3,245 (+2.2%) from 2014

Net Income

Down

-$6,648

Down $17,368 (-162%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$600K$400K$200K$0Assets 2010: $272,834Liabilities 2010: $0Net Assets 2010: $272,8342010Assets 2011: $240,469Liabilities 2011: $02011Assets 2012: $406,475Liabilities 2012: $0Net Assets 2012: $406,4752012Assets 2013: $437,572Net Assets 2013: $437,5722013Assets 2014: $449,035Liabilities 2014: $02014Assets 2015: $437,438Liabilities 2015: $0Net Assets 2015: $437,4382015

Highlighted filing

2015

Assets$437,438
Liabilities$0
Net Assets$437,438
Open 2015 Filing

Operations Trend

Revenue Growth12th percentile

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

$200K$100K$0-$100KExpenses 2010: $171,4812010Revenue 2011: $161,886Expenses 2011: $194,251Net Income 2011: -$32,3652011Expenses 2012: $175,9282012Revenue 2013: $184,272Expenses 2013: $160,174Net Income 2013: $24,0982013Revenue 2014: $157,621Expenses 2014: $146,901Net Income 2014: $10,7202014Revenue 2015: $143,498Expenses 2015: $150,146Net Income 2015: -$6,6482015

Highlighted filing

2015

Revenue$143,498
Expenses$150,146
Net Income-$6,648
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$437,438
Liabilities
$0
Net assets
$437,438
Revenue
$143,498
Expenses
$150,146
Net income
-$6,648
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$4.37$0.00$4.37$1.43$1.50$0.07
2014Summary only. Only limited summary data is available for this year.$4.49$0.00$1.58$1.47$0.11
2013Detailed filing. Detailed filing data is available for this year.$4.38$4.38$1.84$1.60$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.00$4.06$1.76
2011Summary only. Only limited summary data is available for this year.$2.40$0.00$1.62$1.94$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.00$2.73$1.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$143,498
Mission and Program Overview

Mission

The mission of the sponsors scholarship program is to offer financial and mentoring assistance to young people of promise who are financially unable to pay for their own post high school education by providing up to $2500 annually to bridge the gap between other scholarships received and the cost of the student's chosen school.

Program Services

DescriptionGrantsExpenses
THE SPONSORS AWARDED 12 NEW STUDENT ACADEMIC SCHOLARSHIPS AND 40 CONTINUING STUDENT ACADEMIC SCHOLARSHIPS FOR THE 2015-16 SCHOOL YEAR TOTALING $145,500.$145,500$145,500
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE LANGSTAFFChairman Emer.PT$0--
CHARLIE BRYANFinance ChairPT$0--
KAYE EVANSSecretaryPT$0--
MINDY BROWNBoard MemberPT$0--
DARNELL CLAYBoard MemberPT$0--
GARRY SHARPChairman & CEOPT$0--
R J DANNER JRBoard MemberPT$0--
KELLY LITTLEBoard MemberPT$0--
LARRY SHELTONBoard MemberPT$0--
KARA TURRENTINEBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
The Sponsors Scholarship Program
EIN
20-2511913
Phone
6153565729
Address
P O BOX 158148, NASHVILLE, TN 37215

Signing Officer

Name
Garry Sharp
Title
Chairman & CEO
Phone
6153565729
Signed
2016-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Frasier Dean & Howard Pllc
Address
3310 West End Ave Ste 550, Nashville, TN 37203
Preparer
Sara G Moon
Phone
6153836592
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: INTEREST INCOME. Amount: 1,788.”

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: SCHOLARSHIPS. Grantee Name: SCHOLARSHIP RECIPIENTS. Grantee Relationship: NONE. Amount Given: 145,500.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: OFFICE EXPENSES. Amount: 411. Description: TAXES & LICENSES. Amount: 160. Description: INSURANCE. Amount: 575. Description: MEMORIALS. Amount: 2,500. Total to Form 990-EZ, line 16: 3,646.”

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

“Description: UNREALIZED GAINS/LOSSES. Amount: -4,949.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: BENEFICIAL INTEREST IN COMM FDN OF MID TN. Beg. of Year Amount: 82,314. End of Year Amount: 77,912.”

Raw XML Appendix204 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN EMER.
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt082314
IRS990EZ/OtherAssetsTotalDetail/EOYAmt077912
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IRS990EZ/OtherExpensesTotalAmt03646
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE SPONSORS SCHOLARSHIP PROGRAM IS TO OFFER FINANCIAL AND MENTORING ASSISTANCE TO YOUNG PEOPLE OF PROMISE WHO ARE FINANCIALLY UNABLE TO PAY FOR THEIR OWN POST HIGH SCHOOL EDUCATION BY PROVIDING UP TO $2500 ANNUALLY TO BRIDGE THE GAP BETWEEN OTHER SCHOLARSHIPS RECEIVED AND THE COST OF THE STUDENT'S CHOSEN SCHOOL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST INCOME. Amount: 1,788.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: SCHOLARSHIPS. Grantee Name: SCHOLARSHIP RECIPIENTS. Grantee Relationship: NONE. Amount Given: 145,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: OFFICE EXPENSES. Amount: 411. Description: TAXES & LICENSES. Amount: 160. Description: INSURANCE. Amount: 575. Description: MEMORIALS. Amount: 2,500. Total to Form 990-EZ, line 16: 3,646.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: UNREALIZED GAINS/LOSSES. Amount: -4,949.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: BENEFICIAL INTEREST IN COMM FDN OF MID TN. Beg. of Year Amount: 82,314. End of Year Amount: 77,912.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GARRY SHARP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06153565729
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SPONSORS SCHOLARSHIP PROGRAM
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FORMERLY 'THE SPONSORS'
ReturnHeader/Filer/BusinessNameControlTxt0SPON
ReturnHeader/Filer/EIN0202511913
ReturnHeader/Filer/PhoneNum06153565729
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 158148
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037215
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621073578
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRASIER DEAN & HOWARD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03310 West End Ave Ste 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037203
ReturnHeader/PreparerPersonGrp/PhoneNum06153836592
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sara G Moon
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-12T07:53:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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