Civic Intelligence

The Sponsors Scholarship Program Formerly 'The Sponsors'

990EZ • Fiscal year 2015 • EIN 20-2511913

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

Organization ProfileWWW.THESPONSORS.ORG
P O Box 158148Nashville, TN 37215

(615) 356-5729

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

30th percentile

-4.6%

Higher net margin than 30% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

40th percentile

-2.6%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-9.0%

Faster revenue growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$437,438

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

Net Assets

$437,438

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin30th 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

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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 Growth35th percentile

Revenue, expenses, and net income across loaded years, with this 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
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 Pay75th 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06153565729
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GEORGE LANGSTAFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARLIE BRYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KAYE EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MINDY BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DARNELL CLAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GARRY SHARP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6R J DANNER JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KELLY LITTLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LARRY SHELTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9KARA TURRENTINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN EMER.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1FINANCE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CHAIRMAN & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt082314
IRS990EZ/OtherAssetsTotalDetail/EOYAmt077912
IRS990EZ/OtherChangesInNetAssetsAmt0-4949
IRS990EZ/OtherExpensesTotalAmt03646
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SPONSORS AWARDED 12 NEW STUDENT ACADEMIC SCHOLARSHIPS AND 40 CONTINUING STUDENT ACADEMIC SCHOLARSHIPS FOR THE 2015-16 SCHOOL YEAR TOTALING $145,500.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0145500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0145500
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THESPONSORS.ORG
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0182384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0341359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0160180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0982688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01788
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01888
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01706
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06400
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed 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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits