Civic Intelligence

Tennessee Educational Technology Association

990 • Fiscal year 2021 • EIN 27-0043671

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

PO Box 261Johnson City, TN 37605

(423) 329-7220

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

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

Liabilities / Revenue

29th percentile

0.00x

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

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

Net Margin

87th percentile

50%

Higher net margin than 87% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$40,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

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

Asset Growth

83rd percentile

50%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

78th percentile

63%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Up

$672,875

Up $224,170 (+50%) from 2020

Net Assets

Up

$672,875

Up $224,170 (+50%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$409,689

Up $157,899 (+63%) from 2020

Expenses

Down

$203,177

Down $138,089 (-40%) from 2020

Net Income

Up

$206,512

Up $295,988 (+331%) 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 2020: $448,705Liabilities 2020: $0Net Assets 2020: $448,7052020Assets 2021: $672,875Liabilities 2021: $0Net Assets 2021: $672,8752021Assets 2022: $586,576Liabilities 2022: $0Net Assets 2022: $586,5762022Assets 2023: $478,904Liabilities 2023: $0Net Assets 2023: $478,9042023Assets 2024: $522,096Liabilities 2024: $0Net Assets 2024: $522,0962024

Highlighted filing

2021

Assets$672,875
Liabilities$0
Net Assets$672,875

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $251,790Expenses 2020: $341,266Net Income 2020: -$89,4762020Revenue 2021: $409,689Expenses 2021: $203,177Net Income 2021: $206,5122021Revenue 2022: $786,605Expenses 2022: $879,533Net Income 2022: -$92,9282022Revenue 2023: $674,584Expenses 2023: $790,000Net Income 2023: -$115,4162023Revenue 2024: $864,978Expenses 2024: $814,397Net Income 2024: $50,5812024

Highlighted filing

2021

Revenue$409,689
Expenses$203,177
Net Income$206,512
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$409,689
Mission and Program Overview

Mission

TETA is committed to promoting the effective use of technology in education to transform teaching and learning with the purpose of advancing student achievement, and improving business practices in school districts across Tennessee.

Tennessee Educational Technology Association TETA is leading the integration of technology in education by providing and promoting opportunities for innovation through modeling networking, and advocacy in K-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$118,022$341,661▲ $223,639
Savings and Temporary Cash Investments$300,855$300,886▲ $31
Land, Buildings, and Equipment, Net$29,829$30,328▲ $499
Total Assets$448,706$672,875▲ $224,169
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$448,706$672,875▲ $224,169
Total Net Assets Fund Balance$448,706$672,875▲ $224,169
Total Liabilities and Net Assets / Fund Balance$448,706$672,875▲ $224,169

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,328$173,524$203,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terry Sue FanningExecutive DirectorPT$40,000$40,000
Melony SurrettTreasurerPT$7,500$7,500

Board Members and Trustees

NameTitle
Dr Chris SmallenChair
Mark HowellVice-Chair
Chris RogersBoard Member
Danny GoinsBoard Member
Dr Dianne AndersonBoard Member
James MarshallBoard Member
Jerod HowellBoard Member
Jill PierceBoard Member
Johnny SloanBoard Member
Mark MaddoxBoard Member
Randy DamewoodBoard Member
Beth LockhartSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$23,082
Program Service Revenue
$379,868
Investment Income
$30
Other Revenue
$6,709
Change in Net Assets
$206,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$203,177
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$43,611$43,150-$86,761
Fees for Services Management-$55,649-$55,649
Depreciation Depletion-$25,496-$25,496
All Other Expenses-$19,550-$19,550
Other Expenses-$7,765-$7,765
Insurance-$4,977-$4,977
Fees for Services Accounting-$2,979-$2,979
Total Functional Expenses$43,611$159,566$0$203,177
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The Executive Director was given authority to handle management decisions as prescribed by the Board of Directors.

Form 990, Part VI, Section A, Line 6

The organization is comprised of 500 voting members.

Form 990, Part VI, Section A, Line 7A

All 500 members are entitled to cast a vote to elect the officers as well as the Board of Directors on an annual basis.

Form 990, Part VI, Section A, Line 7B

The entire membership of TETA meets twice a year, in July and December. During these meetings, all 500 members are given the opportunity to vote on all policy, bylaw, or other governance issues.

Form 990, Part VI, Section B, Line 11B

Due to the fact that the Board of Directors is spread throughout the state primarily the Chair and Treasurer provided the information necessary to prepare the return, although various Board members were asked for input. The return is prepared by an accountant.

Form 990, Part VI, Section B, Line 15A

The compensation for the Executive Director was determined by recommendation from a committee comprised of Board Members who consulted comprable organizations. The committee drafted a job description, along with an annual review process for the position. Once these items were completed, the Board voted to approve the recommendation.

Form 990, Part VI, Section C, Line 19

TETA posts its governing documents on their website, teta.org. In addition, financial statements are prepared on a monthly basis, and reviewed quarterly at regional meetings. Although there is no conflict of interest policy, any and all TETA-related documents, be it tax or otherwise, are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Tennessee Educational Technology Association
EIN
27-0043671
Phone
4233297220
Address
PO Box 261, Johnson City, TN 37605
Doing Business As
Teta

Signing Officer

Name
Melony Surrett
Title
Treasurer
Phone
4234345208
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Smallen
Formed
2002
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
500

Preparer

Firm
Wilson's Tax Solutions
Address
387 Boonesboro Road, Johnson City, TN 37615
Preparer
Christopher A Wilson
Phone
4233413791
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

TETA has conducted Summer Institute, TETC, and provided the Perry Brown Memorial Professional Development Scholarship for a number of years. Due to Covid-19, Summer Institute was held virtually in 2021, no Perry Brown Professional Development scholarships were awarded due to travel restrictions and event cancellations in 2021, and TETC was held both virtually and face-to-face based on the preference of the individual participant.

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IRS990/RevenueAmt043732
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300886
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023082
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt030408
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt029318
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt024700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024593
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0132101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0278
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0349
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0278
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0386577
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0221104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0610636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0667541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0723845
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02609703
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0278
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0349
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0278
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01310
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportPY509Pct00.99950
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IRS990ScheduleA/PublicSupportTotal509Amt02741804
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0251512
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0639954
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0692241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0748438
IRS990ScheduleA/Total509Grp/TotalAmt02741804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0409689
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0251790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0640329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0692590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0748716
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02743114
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0173524
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0203852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030328
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt07500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt140000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Melony Surrett
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Terry Sue Fanning
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt07500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt140000
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director was given authority to handle management decisions as prescribed by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization is comprised of 500 voting members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All 500 members are entitled to cast a vote to elect the officers as well as the Board of Directors on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The entire membership of TETA meets twice a year, in July and December. During these meetings, all 500 members are given the opportunity to vote on all policy, bylaw, or other governance issues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Due to the fact that the Board of Directors is spread throughout the state primarily the Chair and Treasurer provided the information necessary to prepare the return, although various Board members were asked for input. The return is prepared by an accountant.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The compensation for the Executive Director was determined by recommendation from a committee comprised of Board Members who consulted comprable organizations. The committee drafted a job description, along with an annual review process for the position. Once these items were completed, the Board voted to approve the recommendation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TETA posts its governing documents on their website, teta.org. In addition, financial statements are prepared on a monthly basis, and reviewed quarterly at regional meetings. Although there is no conflict of interest policy, any and all TETA-related documents, be it tax or otherwise, are available for review upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TETA has conducted Summer Institute, TETC, and provided the Perry Brown Memorial Professional Development Scholarship for a number of years. Due to Covid-19, Summer Institute was held virtually in 2021, no Perry Brown Professional Development scholarships were awarded due to travel restrictions and event cancellations in 2021, and TETC was held both virtually and face-to-face based on the preference of the individual participant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part III, Line 3
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0448706
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IRS990/TotalContributionsAmt023082
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0159566

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