Civic Intelligence

Education Consumers Foundation C/O East Tennessee Foundation

990 • Fiscal year 2023 • EIN 20-3859268

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileWWW.EDUCATION-CONSUMERS.COM
520 W Summit Hill Dr Suite 1101Knoxville, TN 37902

(865) 524-1223

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

100th percentile

4043%

Higher net margin than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

18th percentile

-29%

Faster asset growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Flat

$128,962

Flat from 2023

Net Assets

Flat

$128,962

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Flat

-$1,595

Flat from 2023

Expenses

Flat

$62,891

Flat from 2023

Net Income

Flat

-$64,486

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,317,297Liabilities 2011: $0Net Assets 2011: $1,317,2972011Assets 2012: $1,239,021Liabilities 2012: $0Net Assets 2012: $1,239,0212012Assets 2013: $1,084,634Liabilities 2013: $0Net Assets 2013: $1,084,6342013Assets 2014: $889,101Liabilities 2014: $365Net Assets 2014: $888,7362014Assets 2015: $732,102Liabilities 2015: $5,194Net Assets 2015: $726,9082015Assets 2016: $584,519Liabilities 2016: $4,219Net Assets 2016: $580,3002016Assets 2017: $487,731Liabilities 2017: $0Net Assets 2017: $487,7312017Assets 2018: $356,663Liabilities 2018: $0Net Assets 2018: $356,6632018Assets 2019: $316,969Liabilities 2019: $2,182Net Assets 2019: $314,7872019Assets 2020: $245,935Liabilities 2020: $1,376Net Assets 2020: $244,5592020Assets 2021: $171,609Liabilities 2021: $1,128Net Assets 2021: $170,4812021Assets 2022: $181,913Liabilities 2022: $0Net Assets 2022: $181,9132022Assets 2023: $128,962Liabilities 2023: $0Net Assets 2023: $128,9622023Assets 2023: $128,962Liabilities 2023: $0Net Assets 2023: $128,9622023Assets 2024: $122,478Liabilities 2024: $0Net Assets 2024: $122,4782024

Highlighted filing

2023

Assets$128,962
Liabilities$0
Net Assets$128,962
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2011: $228,863Expenses 2011: $324,705Net Income 2011: -$95,8422011Revenue 2012: $247,150Expenses 2012: $347,414Net Income 2012: -$100,2642012Revenue 2013: $149,599Expenses 2013: $295,541Net Income 2013: -$145,9422013Revenue 2014: $151,216Expenses 2014: $331,810Net Income 2014: -$180,5942014Revenue 2015: $26,063Expenses 2015: $179,403Net Income 2015: -$153,3402015Revenue 2016: $45,503Expenses 2016: $227,707Net Income 2016: -$182,2042016Revenue 2017: $36,232Expenses 2017: $144,285Net Income 2017: -$108,0532017Revenue 2018: $16,957Expenses 2018: $118,758Net Income 2018: -$101,8012018Revenue 2019: $22,348Expenses 2019: $83,935Net Income 2019: -$61,5872019Revenue 2020: $16,188Expenses 2020: $84,185Net Income 2020: -$67,9972020Revenue 2021: $26,766Expenses 2021: $85,704Net Income 2021: -$58,9382021Revenue 2022: $101,809Expenses 2022: $78,558Net Income 2022: $23,2512022Revenue 2023: -$1,595Expenses 2023: $62,891Net Income 2023: -$64,4862023Revenue 2023: -$1,595Expenses 2023: $62,891Net Income 2023: -$64,4862023Revenue 2024: $39,828Expenses 2024: $52,296Net Income 2024: -$12,4682024

Highlighted filing

2023

Revenue-$1,595
Expenses$62,891
Net Income-$64,486
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$90,652
Mission and Program Overview

Mission

Ecf was created to advance the interests of parent groups, school boards, college trustees, legislative committees, and civic organizations by gathering and disseminating information about education policy and practice

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$177,012$124,660▼ $52,352
Cash and Non-Interest-Bearing Accounts$4,901$4,302▼ $599
Total Assets$181,913$128,962▼ $52,951
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$181,913$128,962▼ $52,951
Total Net Assets Fund Balance$181,913$128,962▼ $52,951
Total Liabilities and Net Assets / Fund Balance$181,913$128,962▼ $52,951

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$181,913$292▲ $9,648$41,419$128,962
2022$170,481$100,239▼ $10,249$49,923$181,913
2021$244,560$571▲ $11,054$48,057$170,481
2020$314,787$122▲ $13,836$54,477$244,560
2019$356,663$1,804▲ $40,255$53,634$314,787
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
John E StonePresident
George CunninghamDirector
Marilyn ReedDirector
Mark Y HerringDirector
Raymond BrownDirector
Shepard BarbashDirector
Robert S SpanglerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-1,887
Other Revenue
$292
Change in Net Assets
$-64,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$39,601
Other Expenses$23,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,162$16,162-$32,324
Fees for Services Other$14,652--$14,652
Payroll Taxes$3,638$3,639-$7,277
Office Expenses$4,006$1,290-$5,296
Occupancy$1,107$277-$1,384
Insurance-$104-$104
Other Expenses$22--$22
Total Functional Expenses$41,419$21,472$0$62,891
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The vice president of finance and chief financial officer of east tennessee foundation reviews the form 990 and forwards a copy to all board members via email. The form is also sent to the president of education conumers foundation for review and signature.”

Form 990, Page 6, Part VI, Line 12C

“Officers, directors, and key employees are asked to complete an annual conflict of interest disclosure form, which is kept on file in the foundation office. If officers and directors have a conflict of interest regarding an issue which is before the board, they are asked to disclose the conflict and recuse themselves from participation in discussion and voting on that item; such recusals are documented.”

Form 990, Page 6, Part VI, Line 19

“Education consumers foundation makes these documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Education Consumers Foundation
EIN
20-3859268
Phone
8655241223
Address
520 W SUMMIT HILL DR SUITE 1101, KNOXVILLE, TN 37902

Signing Officer

Name
John E Stone
Title
President
Phone
8655241223
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John E Stone
Formed
2005
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
7

Preparer

Firm
Brown Jake & Mcdaniel Pc
Address
2607 KINGSTON PIKE SUITE 110, KNOXVILLE, TN 37919-3336
Preparer
James E Booher CPA
Phone
8656378600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Seven individuals served in 2023 as volunteers on the foundation's board of directors.”

Form 990, Part IX, Line 11G

“OTHER 14,652 0 0”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The foundation's endowment provides ongoing funding to gather and diseminate information to the public about education policy and practice”

Schedule D, Page 3, Part X

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. In addition, the foundation qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(1). Under accounting standards, an organization must recognize tax benefits associated with tax taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by taxing authorities. There were no unrecognized tax benefits identified or recorded as liabilities for 2023 and 2022. The foundation's form 990, return of organization exempt from income tax for the years ending 2020 through 2023 are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 404 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECF WAS CREATED TO ADVANCE THE INTERESTS OF PARENT GROUPS, SCHOOL BOARDS, COLLEGE TRUSTEES, LEGISLATIVE COMMITTEES, AND CIVIC ORGANIZATIONS BY GATHERING AND DISSEMINATING INFORMATION ABOUT EDUCATION POLICY AND PRACTICE
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MELISSA TSCHANZ
IRS990/BooksInCareOfDetail/PhoneNum08655241223
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
IRS990/BooksInCareOfDetail/USAddress/CityNm0KNOXVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037902
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04901
IRS990/CashNonInterestBearingGrp/EOYAmt04302
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-1887
IRS990/CYOtherExpensesAmt023290
IRS990/CYOtherRevenueAmt0292
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-64486
IRS990/CYSalariesCompEmpBnftPaidAmt039601
IRS990/CYTotalExpensesAmt062891
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-1595
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0CONDUCT MARKETING, PUBLIC RELATIONS, RESEARCH AND DEVELOPMENT, AND WEBSITE DEVELOPMENT ACTIVITIES TO PROMOTE AWARENESS OF PRODUCTS OF EDUCATION CONSUMERS FOUNDATION AND DESSEMINATE INFORMATION TO THE PUBLIC ABOUT EDUCATION POLICY AND PRACTICE
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt039587
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014652
IRS990/FeesForServicesOtherGrp/TotalAmt014652
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0SHEPARD BARBASH
IRS990/Form990PartVIISectionAGrp/PersonNm1RAYMOND BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2GEORGE CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK Y HERRING
IRS990/Form990PartVIISectionAGrp/PersonNm4MARILYN REED
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT S SPANGLER
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN E STONE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-5247
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt087000
IRS990/GrossReceiptsAmt090652
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0104
IRS990/InsuranceGrp/TotalAmt0104
IRS990/InvestmentIncomeGrp/ExclusionAmt03360
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03360
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0177012
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0124660
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt092247
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ECF WAS CREATED TO ADVANCE THE INTERESTS OF PARENT GROUPS, SCHOOL BOARDS, COLLEGE TRUSTEES, LEGISLATIVE COMMITTEES, AND CIVIC ORGANIZATIONS BY GATHERING AND DISSEMINATING INFORMATION ABOUT EDUCATION POLICY AND PRACTICE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0181913
IRS990/NetAssetsOrFundBalancesEOYAmt0128962
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-5247
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5247
IRS990/NetUnrlzdGainsLossesInvstAmt011535
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0181913
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0128962
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0277
IRS990/OccupancyGrp/ProgramServicesAmt01107
IRS990/OccupancyGrp/TotalAmt01384
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01290
IRS990/OfficeExpensesGrp/ProgramServicesAmt04006
IRS990/OfficeExpensesGrp/TotalAmt05296
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0ADMIN FEES TO ETF
IRS990/OtherExpensesGrp/Desc1STATE TAX
IRS990/OtherExpensesGrp/ProgramServicesAmt01832
IRS990/OtherExpensesGrp/ProgramServicesAmt122
IRS990/OtherExpensesGrp/TotalAmt01832
IRS990/OtherExpensesGrp/TotalAmt122
IRS990/OtherRevenueMiscGrp/Desc0TICKET AND BOOK SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0292
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0292
IRS990/OtherRevenueTotalAmt0292
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016162
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016162
IRS990/OtherSalariesAndWagesGrp/TotalAmt032324
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03639
IRS990/PayrollTaxesGrp/ProgramServicesAmt03638
IRS990/PayrollTaxesGrp/TotalAmt07277
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN E STONE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED SUPPORT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01832
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0100000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01570
IRS990/PYOtherExpensesAmt026471
IRS990/PYOtherRevenueAmt0239
IRS990/PYRevenuesLessExpensesAmt023251
IRS990/PYSalariesCompEmpBnftPaidAmt052087
IRS990/PYTotalExpensesAmt078558
IRS990/PYTotalRevenueAmt0101809
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-64486
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0620807696
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01832
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01832
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt021472
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0181913
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0292
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0128962
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt09648
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt041419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt028635
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0170481
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0100239
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0181913
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10249
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt049923
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt037647
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0244560
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0571
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0170481
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011054
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt048057
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt029708
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0314787
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0122
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0244560
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013836
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt054477
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt030301
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0356663
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01804
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0314787
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt040255
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt053634
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT PROVIDES ONGOING FUNDING TO GATHER AND DISEMINATE INFORMATION TO THE PUBLIC ABOUT EDUCATION POLICY AND PRACTICE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). UNDER ACCOUNTING STANDARDS, AN ORGANIZATION MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR 2023 AND 2022. THE FOUNDATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDING 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEVEN INDIVIDUALS SERVED IN 2023 AS VOLUNTEERS ON THE FOUNDATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VICE PRESIDENT OF FINANCE AND CHIEF FINANCIAL OFFICER OF EAST TENNESSEE FOUNDATION REVIEWS THE FORM 990 AND FORWARDS A COPY TO ALL BOARD MEMBERS VIA EMAIL. THE FORM IS ALSO SENT TO THE PRESIDENT OF EDUCATION CONUMERS FOUNDATION FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE ASKED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS KEPT ON FILE IN THE FOUNDATION OFFICE. IF OFFICERS AND DIRECTORS HAVE A CONFLICT OF INTEREST REGARDING AN ISSUE WHICH IS BEFORE THE BOARD, THEY ARE ASKED TO DISCLOSE THE CONFLICT AND RECUSE THEMSELVES FROM PARTICIPATION IN DISCUSSION AND VOTING ON THAT ITEM; SUCH RECUSALS ARE DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EDUCATION CONSUMERS FOUNDATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER 14,652 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620807696
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt08
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0KNOXVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037902
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0181913
IRS990/TotalAssetsEOYAmt0128962
IRS990/TotalAssetsGrp/BOYAmt0181913
IRS990/TotalAssetsGrp/EOYAmt0128962
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021472
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041419
IRS990/TotalFunctionalExpensesGrp/TotalAmt062891
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0181913
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0128962
IRS990/TotalProgramServiceExpensesAmt041419
IRS990/TotalRevenueGrp/ExclusionAmt0-1887
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0292
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-1595
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0181913
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0128962
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
IRS990/USAddress/CityNm0KNOXVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037902
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.EDUCATION-CONSUMERS.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN E STONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08655241223
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATION CONSUMERS FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O EAST TENNESSEE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0203859268
ReturnHeader/Filer/PhoneNum08655241223
ReturnHeader/Filer/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
ReturnHeader/Filer/USAddress/CityNm0KNOXVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037902
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621170651
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN JAKE & MCDANIEL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02607 KINGSTON PIKE SUITE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KNOXVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0379193336
ReturnHeader/PreparerPersonGrp/PhoneNum08656378600
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES E BOOHER CPA
ReturnHeader/ReturnTs02024-11-15T09:31:32-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,962
Liabilities
$0
Net assets
$128,962
Revenue
-$1,595
Expenses
$62,891
Net income
-$64,486
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.04$0.05$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.00$0.06$0.06
2023Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.00$0.06$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.10$0.08$0.02
2021Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.03$0.09$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.24$0.02$0.08$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.31$0.02$0.08$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.00$0.36$0.02$0.12$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.04$0.14$0.11
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$0.05$0.23$0.18
2015Summary only. Only limited summary data is available for this year.$0.73$0.01$0.73$0.03$0.18$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.15$0.33$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.15$0.30$0.15
2012Summary only. Only limited summary data is available for this year.$1.24$0.00$1.24$0.25$0.35$0.10
2011Summary only. Only limited summary data is available for this year.$1.32$0.00$1.32$0.23$0.32$0.10