Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$951,747
Up $134,769 (+16%) from 2011
Net Assets
Up$669,159
Up $134,215 (+25%) from 2011
Liabilities
Up$282,588
Up $554 (+0.2%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$1,656,400
Up $78,294 (+5.0%) from 2011
Net Income
-
No earlier filing loaded for comparison.
The corporation is organized exclusively for charitable educational and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under sections 501(c)(3) and 501(c)(6) of the internal revenue code, or corresponding section of any future federal tax code. The purpose will include without limitation support of public education, workforce development and job training and support of scientific and technological advancements in the central east tennessee area, including without limitation anderson, blount, knox, loudon, roane and monroe counties, primarily by providing funds and support to organizations such as the blount county chamber of commerce, the knoxville area chamber partnership, the oak ridge economic partnership, the roane alliance, tellico reservoir development agency and loudon county economic development agency.
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/AccountantCompileOrReview | 0 | false |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 277034 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 282588 |
| IRS990/AccountsReceivable/EOY | 0 | 10000 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/Activity2/Description | 0 | EDUCATION/WORKFORCE - TO ENSURE THIS REGION DOES NOT LOSE ITS MOST COMPETITIVE ADVANTAGE - A HIGHLY EDUCATED AND SKILLED WORKFORCE. MAINTAINING AND FURTHER DEVELOPING A HIGHLY EDUCATED AND SKILLED WORKFORCE BEGINS AT K-12 LEVEL, CONTINUES THROUGH HIGHER EDUCATION AND IS ONGOING AS STUDENTS AND OTHERS ENTER THE WORKFORCE. |
| IRS990/Activity2/Expense | 0 | 421296 |
| IRS990/Activity3/Description | 0 | TECHNOLOGY & ENTREPRENEURSHIP - TO CONTINUE FOCUS ON TECHNOLOGY GROWTH & DEVELOP ADDITONAL PROGRAMS THAT SUPPORT ENTREPRENEURSHIP. THIS WOULD INCLUDE THE CREATION AND DEVELOPMENT OF THE CARBON FIBER CONSORTIUM. |
| IRS990/Activity3/Expense | 0 | 357520 |
| IRS990/ActivityOrMissionDescription | 0 | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTIONS 501(C)(3) AND 501(C)(6) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. THE PURPOSE WILL INCLUDE WITHOUT LIMITATION SUPPORT OF PUBLIC EDUCATION, WORKFORCE DEVELOPMENT AND JOB TRAINING AND SUPPORT OF SCIENTIFIC AND TECHNOLOGICAL ADVANCEMENTS IN THE CENTRAL EAST TENNESSEE AREA, INCLUDING WITHOUT LIMITATION ANDERSON, BLOUNT, KNOX, LOUDON, ROANE AND MONROE COUNTIES, PRIMARILY BY PROVIDING FUNDS AND SUPPORT TO ORGANIZATIONS SUCH AS THE BLOUNT COUNTY CHAMBER OF COMMERCE, THE KNOXVILLE AREA CHAMBER PARTNERSHIP, THE OAK RIDGE ECONOMIC PARTNERSHIP, THE ROANE ALLIANCE, TELLICO RESERVOIR DEVELOPMENT AGENCY AND LOUDON COUNTY ECONOMIC DEVELOPMENT AGENCY. |
| IRS990/Advertising/ProgramServices | 0 | 135333 |
| IRS990/Advertising/Total | 0 | 135333 |
| IRS990/AllAffiliatesIncluded | 0 | false |
| IRS990/AllOtherContributions | 0 | 1454500 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 5509 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 99696 |
| IRS990/AllOtherExpenses/Total | 0 | 105205 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsToMembers/Total | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 732478 |
| IRS990/CashNonInterestBearing/EOY | 0 | 705903 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 0 |
| IRS990/CompDisqualPersons/Total | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | false |
| IRS990/CompensationProcessOther | 0 | false |
| IRS990/ComplianceWithBackupWitholding | 0 | true |
| IRS990/ConferencesMeetings/ProgramServices | 0 | 39711 |
| IRS990/ConferencesMeetings/Total | 0 | 39711 |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 1454500 |
| IRS990/ContributionsGrantsPriorYear | 0 | 1615000 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DeferredRevenue/BOY | 0 | 5000 |
| IRS990/DelegationOfManagementDuties | 0 | true |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 322 |
| IRS990/DepreciationDepletion/Total | 0 | 322 |
| IRS990/DescribedIn501C3 | 0 | false |
| IRS990/Description | 0 | GLOBAL MARKETING - DEVELOPING ACTIVITIES TO PROMOTE A FIVE COUNTY REGION BY EMPLOYING SEVERAL STRATEGIES INCLUDING PUBLIC RELATIONS, DIRECT MARKETING, AND OTHER AVAILABLE COMMUNICATION METHODS TO NATIONAL AND INTERNATIONAL AUDIENCES. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DistributionToDonor | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | false |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/ElectionOfBoardMembers | 0 | false |
| IRS990/EmploymentTaxReturnsFiled | 0 | false |
| IRS990/EscrowAccount | 0 | false |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/ExcessBusinessHoldings | 0 | false |
| IRS990/Expense | 0 | 593256 |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FederalGrantAuditPerformed | 0 | false |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 7150 |
| IRS990/FeesForServicesAccounting/ProgramServices | 0 | 614 |
| IRS990/FeesForServicesAccounting/Total | 0 | 7764 |
| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 0 |
| IRS990/FeesForServicesLegal/Total | 0 | 0 |
| IRS990/FeesForServicesLobbying/Total | 0 | 0 |
| IRS990/FeesForServicesManagement/Total | 0 | 0 |
| IRS990/FeesForServicesOther/Total | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/Total | 0 | 0 |
| IRS990/FiledLieu1041 | 0 | false |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignGrants/Total | 0 | 0 |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form720Filed | 0 | false |
| IRS990/Form8886TFiled | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 1.00 |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | WES STOWERS |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | MINTHA ROACH |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | RAJA JUBRAN |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | MARK ISOM |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | BRUCE HARTMANN |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | RANDY BOYD |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | JAMES A HASLAM III |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | KEVIN CLAYTON |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | DR THOMAS E MASON |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 8 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | Director |
| IRS990/Form990PartVIISectionA/Title | 1 | Director |
| IRS990/Form990PartVIISectionA/Title | 2 | Director |
| IRS990/Form990PartVIISectionA/Title | 3 | Director |
| IRS990/Form990PartVIISectionA/Title | 4 | Director |
| IRS990/Form990PartVIISectionA/Title | 5 | Director |
| IRS990/Form990PartVIISectionA/Title | 6 | Director |
| IRS990/Form990PartVIISectionA/Title | 7 | Secretary |
| IRS990/Form990PartVIISectionA/Title | 8 | Chairman |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/Form990-TFiled | 0 | false |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | true |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 0 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 1790615 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | true |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/ProgramServices | 0 | 14621 |
| IRS990/InformationTechnology/Total | 0 | 14621 |
| IRS990/Insurance/Total | 0 | 0 |
| IRS990/IntangibleAssets/EOY | 0 | 0 |
| IRS990/Interest/Total | 0 | 0 |
| IRS990/InventoriesForSaleOrUse/EOY | 0 | 0 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 1115 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 1115 |
| IRS990/InvestmentIncomePriorYear | 0 | 2421 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 1115 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsOtherSecurities/EOY | 0 | 0 |
| IRS990/InvestmentsProgramRelated/EOY | 0 | 0 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 0 |
| IRS990/InvestTaxExemptBonds | 0 | false |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 322 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 2318 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 1996 |
| IRS990/LicensedMoreThanOneState | 0 | false |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTIONS 501(C)(3) AND 501(C)(6) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. THE PURPOSE WILL INCLUDE WITHOUT LIMITATION SUPPORT OF PUBLIC EDUCATION, WORKFORCE DEVELOPMENT AND JOB TRAINING AND SUPPORT OF SCIENTIFIC AND TECHNOLOGICAL ADVANCEMENTS IN THE CENTRAL EAST TENNESSEE AREA, INCLUDING WITHOUT LIMITATION ANDERSON, BLOUNT, KNOX, LOUDON, ROANE AND MONROE COUNTIES, PRIMARILY BY PROVIDING FUNDS AND SUPPORT TO ORGANIZATIONS SUCH AS THE BLOUNT COUNTY CHAMBER OF COMMERCE, THE KNOXVILLE AREA CHAMBER PARTNERSHIP, THE OAK RIDGE ECONOMIC PARTNERSHIP, THE ROANE ALLIANCE, TELLICO RESERVOIR DEVELOPMENT AGENCY AND LOUDON COUNTY ECONOMIC DEVELOPMENT AGENCY. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NbrIndependentVotingMembers | 0 | 10 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 10 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 10 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 534944 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 669159 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeFromGaming/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeOrLoss/TotalRevenueColumn | 0 | 0 |
| IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn | 0 | 0 |
| IRS990/NoListedPersonsCompensated | 0 | X |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NonDeductibleDisclosure | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 1 |
| IRS990/NumberIndependentVotingMembers | 0 | 10 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 0 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Total | 0 | 0 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 7286 |
| IRS990/OfficeExpenses/Total | 0 | 7286 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/OnBehalfOfIssuer | 0 | false |
| IRS990/Organization501c | 0 | X |
| IRS990/OtherAssetsTotal/EOY | 0 | 0 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 0 |
| IRS990/OtherExpensePriorYear | 0 | 1578106 |
| IRS990/OtherExpensesCurrentYear | 0 | 1656400 |
| IRS990/OtherExpenses/Description | 0 | CONTRACT SERVICES |
| IRS990/OtherExpenses/Description | 1 | FACILITY COSTS |
| IRS990/OtherExpenses/Description | 2 | ADMINISTRATIVE OVERHEAD |
| IRS990/OtherExpenses/Description | 3 | PARTNER LABOR |
| IRS990/OtherExpenses/ProgramServices | 0 | 67656 |
| IRS990/OtherExpenses/ProgramServices | 1 | 73201 |
| IRS990/OtherExpenses/ProgramServices | 2 | 198590 |
| IRS990/OtherExpenses/ProgramServices | 3 | 917009 |
| IRS990/OtherExpenses/Total | 0 | 67656 |
| IRS990/OtherExpenses/Total | 1 | 73201 |
| IRS990/OtherExpenses/Total | 2 | 198590 |
| IRS990/OtherExpenses/Total | 3 | 917009 |
| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 0 |
| IRS990/OtherRevenueCurrentYear | 0 | 25000 |
| IRS990/OtherRevenueMisc/Description | 0 | MISCELLANEOUS REVENUE |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 0 | 25000 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 25000 |
| IRS990/OtherSalariesAndWages/Total | 0 | 0 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PaymentsToAffiliates/Total | 0 | 0 |
| IRS990/PayrollTaxes/Total | 0 | 0 |
| IRS990/PensionPlanContributions/Total | 0 | 0 |
| IRS990/PledgesAndGrantsReceivable/BOY | 0 | 84500 |
| IRS990/PledgesAndGrantsReceivable/EOY | 0 | 173250 |
| IRS990/PoliciesReferenceChapters | 0 | false |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 60598 |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenueCY | 0 | 310000 |
| IRS990/ProgramServiceRevenue/Description | 0 | Membership Dues & Assessments |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 310000 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 310000 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/ReceivablesFromDisqualPersons/EOY | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtc/EOY | 0 | 0 |
| IRS990/ReconcilationRevenueExpenses | 0 | 134215 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | false |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RevenuesLessExpensesCY | 0 | 134215 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 39315 |
| IRS990/RoyaltiesRevenue/TotalRevenueColumn | 0 | 0 |
| IRS990/Royalties/Total | 0 | 0 |
| IRS990/SalariesEtcCurrentYear | 0 | 0 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 0 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | true |
| IRS990ScheduleC/AgreeToCarryoverPriorYear | 0 | false |
| IRS990ScheduleC/Form1120PolFiled | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbying | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondeduct | 0 | true |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | 134215 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | 134215 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 1656400 |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 1996 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 322 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 2318 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 1790615 |
| IRS990ScheduleD/TotalExpenses | 0 | 1656400 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 1656400 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 1996 |
| IRS990ScheduleD/TotalRevenue | 0 | 1790615 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1790615 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 1656400 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 1790615 |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE GREATER KNOXVILLE CHAMBER OF COMMERCE AGREES TO PERFORM THE FOLLOWING TASKS FOR INNOVATION VALLEY:(A) OFFICE SPACE AND REASONABLE OFFICE FURNISHINGS FOR ADMINISTRATIVE AND CLERICAL FUNCTIONS (B) FINANCIAL AND ACCOUNTING SERVICES, INCLUDING BUT NOT LIMITED TO MAINTAINING BOOKS AND RECORDS, PREPARING FINANCIAL REPORTS, FILING INCOME TAX AND OTHER INFORMATION RETURNS AND SIMILAR FUNCTIONS (C) ADMINISTRATIVE SERVICES IN CONNECTION WITH THE RAISING AND USE OF FUNDS TO SUPPORT ECONOMIC DEVELOPMENT WORK PROGRAMS AND ACTIVITIES (D) USE OF ANY COUNSEL, ACCOUNTANTS, CONSULTANTS, TECHNICAL ADVISORS, BROKERS OR OTHER AGENTS THAT THE CHAMBER AND INNOVATION VALLEY AND ITS AFFILIATES MAY JOINTLY EMPLOY FOR COMMON SERVICES (E) CASH MANAGEMENT SERVICES INCLUDING ASSISTANCE IN COLLECTING AND DISBURSING FUNDS, INCLUDING BUT NOT LIMITED TO, HANDLING THE COLLECTION OF RECEIPTS AND THE PAYMENT OF DISBURSEMENTS, PREPARING DEPOSITS, RECONCILING BANK STATEMENTS AND PROCESSING CREDIT CARD CHARGES (F) TELEPHONE AND FACSIMILE SERVICES (G) PERSONNEL REQUIRED TO RENDER THE FORGOING SERVICES TO INNOVATION VALLEY |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | OTHER PROGRAM SERVICES 4: OTHER PROGRAMS INCLUDE BUSINESS RETENTION & EXPANSION, RESOURCES FOR LIVING, AND PUBLIC POLICY. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990, Part VI, Line 19 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990, Part VI, Line 12c |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990, Part VI, Line 11 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | Form 990, Part VI, Line 3 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | Form 990, Part III, Line 4d |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Form 990, Part VI, Line 11: Form 990 Review Process |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | Form 990, Part III, Line 4d : Other Program Services Description |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | TN |
| IRS990/SubjectToProxyTax | 0 | true |
| IRS990/TaxableDistributions | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 270955 |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 17 MARKET SQUARE SUITE 201 |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | KNOXVILLE |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | TN |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 38555 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | LARRY JOHNSON |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 8652462634 |
| IRS990/TotalAssets/BOY | 0 | 816978 |
| IRS990/TotalAssetsBOY | 0 | 816978 |
| IRS990/TotalAssets/EOY | 0 | 951747 |
| IRS990/TotalAssetsEOY | 0 | 951747 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalContributions | 0 | 1454500 |
| IRS990/TotalExpensesCurrentYear | 0 | 1656400 |
| IRS990/TotalExpensesPriorYear | 0 | 1578106 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 12659 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 1643741 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 1656400 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 282034 |
| IRS990/TotalLiabilitiesBOY | 0 | 282034 |
| IRS990/TotalLiabilities/EOY | 0 | 282588 |
| IRS990/TotalLiabilitiesEOY | 0 | 282588 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 816978 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 951747 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 534944 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 669159 |
| IRS990/TotalOfOtherProgramServiceExp | 0 | 271669 |
| IRS990/TotalOtherRevenue | 0 | 25000 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 1643741 |
| IRS990/TotalProgramServiceRevenue | 0 | 310000 |
| IRS990/TotalRevenueCurrentYear | 0 | 1790615 |
| IRS990/TotalRevenue/ExclusionAmount | 0 | 1115 |
| IRS990/TotalRevenuePriorYear | 0 | 1617421 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 335000 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 1790615 |
| IRS990/TransactionRelatedEntity | 0 | false |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/TravelEntrtnmntPublicOfficials/Total | 0 | 0 |
| IRS990/Travel/ProgramServices | 0 | 89702 |
| IRS990/Travel/Total | 0 | 89702 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 534944 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 398204 |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | N/A |
| IRS990/WhistleblowerPolicy | 0 | false |
| IRS990/WrittenPolicyOrProcedure | 0 | false |
| IRS990/YearFormation | 0 | 2007 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/Filer/EIN | 0 | 262087582 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | INNOVATION VALLEY INC |
| ReturnHeader/Filer/NameControl | 0 | INNO |
| ReturnHeader/Filer/Phone | 0 | 8652462634 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 17 MARKET SQUARE SUITE 201 |
| ReturnHeader/Filer/USAddress/City | 0 | KNOXVILLE |
| ReturnHeader/Filer/USAddress/State | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 37902 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2013-01-30 |
| ReturnHeader/Officer/Name | 0 | KEVIN CLAYTON |
| ReturnHeader/Officer/Title | 0 | Secretary |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | Parsons & Wright CPAs |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1000 Brentwood Way |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | Kingston |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | TN |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 37763 |
| ReturnHeader/Preparer/Name | 0 | Josh Stone |
| ReturnHeader/Preparer/Phone | 0 | 8653765865 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-07-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-06-30 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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