Civic Intelligence

The Exceptional Foundation of West Tn

990 • Fiscal year 2021 • EIN 26-2223237

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 02, 2022

PO Box 171136Memphis, TN 38187

(901) 387-5002

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.02x

Higher debt load relative to revenue than 48% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

76th percentile

33%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

89th percentile

75%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

39%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$384,336

Up $165,105 (+75%) from 2020

Net Assets

Up

$372,594

Up $167,652 (+82%) from 2020

Liabilities

Down

$11,742

Down $2,547 (-18%) from 2020

Revenue

Up

$501,619

Up $141,326 (+39%) from 2020

Expenses

Down

$333,967

Down $8,770 (-2.6%) from 2020

Net Income

Up

$167,652

Up $150,096 (+855%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $75,708Liabilities 2010: $0Net Assets 2010: $75,7082010Assets 2011: $729,391Liabilities 2011: $6,153Net Assets 2011: $723,2382011Assets 2012: $534,133Liabilities 2012: $4,544Net Assets 2012: $529,5892012Assets 2013: $426,201Liabilities 2013: $8,890Net Assets 2013: $417,3112013Assets 2014: $293,838Liabilities 2014: $62Net Assets 2014: $293,7762014Assets 2015: $262,881Liabilities 2015: $3,339Net Assets 2015: $259,5422015Assets 2016: $265,061Liabilities 2016: $3,098Net Assets 2016: $261,9632016Assets 2017: $301,581Liabilities 2017: $4,990Net Assets 2017: $296,5912017Assets 2018: $239,392Liabilities 2018: $5,327Net Assets 2018: $234,0652018Assets 2019: $192,988Liabilities 2019: $5,602Net Assets 2019: $187,3862019Assets 2020: $219,231Liabilities 2020: $14,289Net Assets 2020: $204,9422020Assets 2021: $384,336Liabilities 2021: $11,742Net Assets 2021: $372,5942021Assets 2024: $396,888Liabilities 2024: $53,037Net Assets 2024: $343,8512024

Highlighted filing

2021

Assets$384,336
Liabilities$11,742
Net Assets$372,594

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $390,1612010Expenses 2011: $392,4742011Expenses 2012: $500,1302012Revenue 2013: $368,697Expenses 2013: $480,975Net Income 2013: -$112,2782013Revenue 2014: $338,757Expenses 2014: $462,292Net Income 2014: -$123,5352014Revenue 2015: $442,969Expenses 2015: $477,203Net Income 2015: -$34,2342015Revenue 2016: $479,367Expenses 2016: $476,946Net Income 2016: $2,4212016Revenue 2017: $472,743Expenses 2017: $438,115Net Income 2017: $34,6282017Revenue 2018: $373,774Expenses 2018: $436,300Net Income 2018: -$62,5262018Revenue 2019: $401,133Expenses 2019: $447,812Net Income 2019: -$46,6792019Revenue 2020: $360,293Expenses 2020: $342,737Net Income 2020: $17,5562020Revenue 2021: $501,619Expenses 2021: $333,967Net Income 2021: $167,6522021Revenue 2024: $420,147Expenses 2024: $501,768Net Income 2024: -$81,6212024

Highlighted filing

2021

Revenue$501,619
Expenses$333,967
Net Income$167,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 2, 2022
Return Version
2021v4.1
Gross Receipts
$516,717
Mission and Program Overview

Mission

To enrich the lives of the

To enrich the lives of the developmentally challenged by meeting their social,recreational and continuing educational needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$49,205$249,509▲ $200,304
Cash and Non-Interest-Bearing Accounts$100,864$97,075▼ $3,789
Land, Buildings, and Equipment, Net$37,170$30,512▼ $6,658
Prepaid Expenses and Deferred Charges$363$5,000▲ $4,637
Accounts Receivable$31,629$2,240▼ $29,389
Total Assets$219,231$384,336▲ $165,105
Liabilities
Accounts Payable and Accrued Expenses$14,289$11,742▼ $2,547
Total Liabilities$14,289$11,742▼ $2,547
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$204,942$372,594▲ $167,652
Total Net Assets Fund Balance$204,942$372,594▲ $167,652
Total Liabilities and Net Assets / Fund Balance$219,231$384,336▲ $165,105

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,025$128,076$145,101
Leasehold Improvements$13,487$602$14,089
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jo Anne FuscoExecutive DirectorFT$86,277$86,277

Board Members and Trustees

NameTitle
Marla MounceChairman
Findley FrazerDirector/former Chairman
Brett JamesDirector
Christy MullallyDirector
Cynthis JohnsonDirector
Janet LangDirector
Jodi RungerDirector
Katherine GrayDirector
Marissa BaggettDirector
Teri HirtDirector
Allan HensleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$253,859
Program Service Revenue
$129,887
Investment Income
$433
Other Revenue
$117,440
All Other Contributions
$139,484
Change in Net Assets
$167,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$214,735
Other Expenses$119,232
Total Fundraising Expense$37,663
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$95,180$17,875$0$113,055
Current Officers, Directors, Trustees, and Key Employees$17,255$34,511$34,511$86,277
Occupancy$36,000$9,000$0$45,000
All Other Expenses$20,020$7,021$0$27,041
Insurance$16,845$1,231$0$18,076
Payroll Taxes$9,099$3,152$3,152$15,403
Depreciation Depletion$9,685$2,277$0$11,962
Office Expenses$440$4,512$0$4,952
Fees for Services Accounting$0$3,330$0$3,330
Other Expenses$0$1,706$0$1,706
Information Technology$0$1,620$0$1,620
Advertising$570$0$0$570
Total Functional Expenses$209,269$87,035$37,663$333,967
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$74,840
Fundraising Direct Expenses$15,098
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Drive for Thrive$44,695$44,695$12,062$32,633
Home for the Holidays$22,000$22,000-$22,000
Total Events$74,840$74,840$15,098$59,742
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Thrive Memphis
EIN
26-2223237
Phone
9013875002
Address
PO BOX 171136, MEMPHIS, TN 38187
Doing Business As
(formerly the Exceptional Foundation of W Tn)

Signing Officer

Name
Marla Mounce
Title
President
Phone
9013875002
Signed
2022-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marla Mounce
Formed
2008
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
22
Volunteers
15

Preparer

Firm
Deweese Howell & Associates Pc
Address
5050 POPLAR AVE STE 415, Memphis, TN 38157
Preparer
Vicki W Deweese CPA
Phone
9017614335
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Each board member receives a copy of the 990 prior to filing. Additionally, the 990 is reviewed by a board committee before it is signed and filed.

Pt VI, Line 12C

Each board member signs the conflict of interest policy at board orientation.

Pt VI, Line 15A

Compensation is determined by the organization president and treasurer. Board approval is required.

Pt VI, Line 15B

Compensation is determined by the organization president and treasurer. Board approval is required.

Pt VI, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

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IRS990/OtherSalariesAndWagesGrp/TotalAmt0113055
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03152
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03152
IRS990/PayrollTaxesGrp/ProgramServicesAmt09099
IRS990/PayrollTaxesGrp/TotalAmt015403
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0363
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05000
IRS990/PrincipalOfficerNm0MARLA MOUNCE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0Participant fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129887
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0198480
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04288
IRS990/PYOtherExpensesAmt0130964
IRS990/PYOtherRevenueAmt074128
IRS990/PYProgramServiceRevenueAmt083397
IRS990/PYRevenuesLessExpensesAmt017556
IRS990/PYSalariesCompEmpBnftPaidAmt0211773
IRS990/PYTotalExpensesAmt0342737
IRS990/PYTotalRevenueAmt0360293
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0167652
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0129887
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049205
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0249509
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0383746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0281682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0412273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0376188
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0485308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01939197
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0433
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0141
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0240
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01063
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt074840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt031071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt038658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt032350
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt023006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0199925
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0433
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0141
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0240
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01063
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt02139122
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0458586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0312753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0450931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0408538
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0508314
IRS990ScheduleA/Total509Grp/TotalAmt02139122
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02140185
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt017025
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0128076
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0145101
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt013487
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0602
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014089
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030512
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015098
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HOME FOR THE HOLIDAYS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DRIVE FOR THRIVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt044695
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt08145
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt074840
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt044695
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt08145
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt074840
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt059742
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03036
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015098
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012062
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt06
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each board member receives a copy of the 990 prior to filing. Additionally, the 990 is reviewed by a board committee before it is signed and filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each board member signs the conflict of interest policy at board orientation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is determined by the organization president and treasurer. Board approval is required.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is determined by the organization president and treasurer. Board approval is required.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.53$3.44$4.20$5.02$0.82
2021Detailed filing. Detailed filing data is available for this year.$3.84$0.12$3.73$5.02$3.34$1.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.14$2.05$3.60$3.43$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.06$1.87$4.01$4.48$0.47
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.05$2.34$3.74$4.36$0.63
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.05$2.97$4.73$4.38$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.03$2.62$4.79$4.77$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.03$2.60$4.43$4.77$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$3.39$4.62$1.24
2013Detailed filing. Detailed filing data is available for this year.$4.26$0.09$4.17$3.69$4.81$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$0.05$5.30$5.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$0.06$7.23$3.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$3.90