Civic Intelligence

Building Lives Foundation Inc.

990 • Fiscal year 2019 • EIN 20-5584526

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 06, 2020

5001 Traceway DriveNashville, TN 37221

(615) 394-4480

Siviq Scores

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

Liabilities / Assets

89th percentile

0.41x

Higher debt load relative to assets than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

0.45x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

54th percentile

5.3%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

42nd percentile

-1.0%

Faster asset growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$290,380

Down $2,792 (-1.0%) from 2018

Net Assets

Up

$169,892

Up $14,352 (+9.2%) from 2018

Liabilities

Down

$120,488

Down $17,144 (-12%) from 2018

Revenue

Down

$269,683

Down $39,883 (-13%) from 2018

Expenses

Down

$255,331

Down $77,797 (-23%) from 2018

Net Income

Up

$14,352

Up $37,914 (+161%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $34,843Liabilities 2011: $7,3402011Assets 2012: $70,890Liabilities 2012: $12,5612012Assets 2013: $119,808Liabilities 2013: $21,1302013Assets 2014: $228,408Liabilities 2014: $11,333Net Assets 2014: $217,0752014Assets 2015: $239,928Liabilities 2015: $8,639Net Assets 2015: $231,2892015Assets 2016: $174,621Liabilities 2016: $5,022Net Assets 2016: $169,5992016Assets 2017: $341,411Liabilities 2017: $162,309Net Assets 2017: $179,1022017Assets 2018: $293,172Liabilities 2018: $137,632Net Assets 2018: $155,5402018Assets 2019: $290,380Liabilities 2019: $120,488Net Assets 2019: $169,8922019Assets 2020: $369,061Liabilities 2020: $116,001Net Assets 2020: $253,0602020Assets 2021: $325,519Liabilities 2021: $111,996Net Assets 2021: $213,5232021Assets 2022: $372,351Liabilities 2022: $51,727Net Assets 2022: $320,6242022Assets 2023: $493,992Liabilities 2023: $54,563Net Assets 2023: $439,4292023Assets 2024: $542,148Liabilities 2024: $24,272Net Assets 2024: $517,8762024Assets 2025: $1,126,084Liabilities 2025: $513,196Net Assets 2025: $612,8882025

Highlighted filing

2019

Assets$290,380
Liabilities$120,488
Net Assets$169,892

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $192,321Expenses 2011: $190,121Net Income 2011: $2,2002011Revenue 2012: $284,765Expenses 2012: $252,151Net Income 2012: $32,6142012Revenue 2013: $333,007Expenses 2013: $292,659Net Income 2013: $40,3482013Revenue 2014: $447,917Expenses 2014: $329,520Net Income 2014: $118,3972014Revenue 2015: $475,890Expenses 2015: $454,332Net Income 2015: $21,5582015Revenue 2016: $502,289Expenses 2016: $563,979Net Income 2016: -$61,6902016Revenue 2017: $331,762Expenses 2017: $322,259Net Income 2017: $9,5032017Revenue 2018: $309,566Expenses 2018: $333,128Net Income 2018: -$23,5622018Revenue 2019: $269,683Expenses 2019: $255,331Net Income 2019: $14,3522019Revenue 2020: $267,228Expenses 2020: $184,060Net Income 2020: $83,1682020Revenue 2021: $346,311Expenses 2021: $385,848Net Income 2021: -$39,5372021Revenue 2022: $511,756Expenses 2022: $404,192Net Income 2022: $107,5642022Revenue 2023: $605,750Expenses 2023: $486,945Net Income 2023: $118,8052023Revenue 2024: $656,530Expenses 2024: $578,083Net Income 2024: $78,4472024Revenue 2025: $802,848Expenses 2025: $710,950Net Income 2025: $91,8982025

Highlighted filing

2019

Revenue$269,683
Expenses$255,331
Net Income$14,352
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 6, 2020
Return Version
2018v3.1
Gross Receipts
$390,717
Mission and Program Overview

Mission

To provide health and psychological care, employment, transportation, housing, financial education, and assistance to veterans of the u s armed forces.

Building lives foundation, inc provides health and pyschological care, employment, transportation, housing and financial education and assistance to veterans of the u s armed forces.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$215,714$207,519▼ $8,195
Cash and Non-Interest-Bearing Accounts$68,968$76,634▲ $7,666
Prepaid Expenses and Deferred Charges$5,128$3,734▼ $1,394
Accounts Receivable$3,362$2,493▼ $869
Total Assets$293,172$290,380▼ $2,792
Liabilities
Other Liabilities$122,868$109,174▼ $13,694
Accounts Payable and Accrued Expenses$14,764$11,314▼ $3,450
Total Liabilities$137,632$120,488▼ $17,144
Net Assets / Fund Balance
Unrestricted Net Assets$155,540$169,892▲ $14,352
Total Net Assets Fund Balance$155,540$169,892▲ $14,352
Total Liabilities and Net Assets / Fund Balance$293,172$290,380▼ $2,792

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$130,605$10,232$140,837
Equipment$26,914$38,917$65,831
Land$50,000-$50,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Devan Ard JrChairman
Ed TrowbridgeDirector
Ira BlonderDirector
Jim SipesDirector
Ken ThwaitsDirector
Mary DonahueDirector
Matt SmithDirector
Randy MckernanDirector
Shane HixsonDirector
Stacy GarciaDirector
Steve CoffeeDirector
Tom BrinkmannDirector
Tim GregathExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$126,012
Program Service Revenue
$71,399
Investment Income
$45
Other Revenue
$72,227
All Other Contributions
$126,012
Change in Net Assets
$14,352

Audited Revenue Reconciliation

Revenue per Audited Statements
$269,683
Total Revenue per Audited Statements
$269,683
Total Revenue per Form 990
$269,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,379
Salaries, Compensation, and Employee Benefits$22,952
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$40,556--$40,556
Other Salaries and Wages$5,395$17,557-$22,952
Fees for Services Management-$14,480-$14,480
Depreciation Depletion$11,594--$11,594
All Other Expenses$9,403--$9,403
Interest$5,544--$5,544
Other Expenses$5,138--$5,138
Office Expenses-$4,820-$4,820
Insurance$3,249--$3,249
Total Functional Expenses$218,474$36,857$0$255,331

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$255,331
Total Expenses per Audited Statements$255,331
Total Expenses per Form 990$255,331
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$193,261
Fundraising Direct Expenses$121,034
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Warehouse Sales$139,485$139,485$113,566$25,919
Concert$53,776$53,776$7,468$46,308
Total Events$193,261$193,261$121,034$72,227
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage$109,015
Payroll Taxes$159
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by executive director and one director before it is submitted to the taxing authority; it is reviewed and discussed at the next board quarterly meeting.

Form 990, Page 6, Part VI, Line 19

Financial statements and other documents are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Building Lives Foundation Inc
EIN
20-5584526
Address
5001 TRACEWAY DRIVE, NASHVILLE, TN 37221

Signing Officer

Name
Tim Gregath
Title
Executive Director
Signed
2020-01-06

Organization Details

Principal Officer
Tim Gregath
Formed
2006
Legal Domicile
Tn
Voting Board Members
14
Independent Board Members
14
Employees
3

Preparer

Firm
Parsons & Associates Cpas
Address
234 FOURTH AVE N, FRANKLIN, TN 37064
Preparer
Patricia Parsons
Phone
6157944313
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt038917
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY EXECUTIVE DIRECTOR AND ONE DIRECTOR BEFORE IT IS SUBMITTED TO THE TAXING AUTHORITY; IT IS REVIEWED AND DISCUSSED AT THE NEXT BOARD QUARTERLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM GREGATH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDING LIVES FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0205584526
ReturnHeader/Filer/USAddress/AddressLine1Txt05001 TRACEWAY DRIVE
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.243.113.217
ReturnHeader/FilingSecurityInformation/IPDt02020-03-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:06:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261865984
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PARSONS & ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0234 FOURTH AVE N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
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ReturnHeader/PreparerPersonGrp/PhoneNum06157944313
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.13$0.51$0.61$0.80$0.71$0.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.02$0.52$0.66$0.58$0.08
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.05$0.44$0.61$0.49$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.05$0.32$0.51$0.40$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.11$0.21$0.35$0.39$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.12$0.25$0.27$0.18$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.12$0.17$0.27$0.26$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.14$0.16$0.31$0.33$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.16$0.18$0.33$0.32$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.17$0.50$0.56$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.23$0.48$0.45$0.02
2014Summary only. Only limited summary data is available for this year.$0.23$0.01$0.22$0.45$0.33$0.12
2013Summary only. Only limited summary data is available for this year.$0.12$0.02$0.33$0.29$0.04
2012Summary only. Only limited summary data is available for this year.$0.07$0.01$0.28$0.25$0.03
2011Summary only. Only limited summary data is available for this year.$0.03$0.01$0.19$0.19$0.00