Civic Intelligence

Tennessee Educational Technology Association

990 • Fiscal year 2020 • EIN 27-0043671

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

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

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

16th percentile

-36%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

88th percentile

$35,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$448,705

No earlier filing loaded for comparison.

Net Assets

$448,705

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$251,790

No earlier filing loaded for comparison.

Expenses

$341,266

No earlier filing loaded for comparison.

Net Income

-$89,476

No earlier filing loaded for comparison.

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

2020

Assets$448,705
Liabilities$0
Net Assets$448,705

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

2020

Revenue$251,790
Expenses$341,266
Net Income-$89,476
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.0
Gross Receipts
$251,790
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 the k-12 school system throughout the state of tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$375,578$300,856▼ $74,722
Cash and Non-Interest-Bearing Accounts$132,654$118,020▼ $14,634
Land, Buildings, and Equipment, Net$29,191$29,829▲ $638
Total Assets$537,423$448,705▼ $88,718
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$537,423$448,705▼ $88,718
Total Net Assets Fund Balance$537,423$448,705▼ $88,718
Total Liabilities and Net Assets / Fund Balance$537,423$448,705▼ $88,718

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$29,829$148,028$177,857
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terry Sue FanningExecutive DiPT$35,000$35,000
Terry Sue FanningExecutive Director-$35,000$35,000
Joan GrayRet. Exec. DPT$10,000$10,000
Joan GrayRet. Exec. Director-$10,000$10,000
Melony SurrettTreasurerPT$7,500$7,500

Board Members and Trustees

NameTitle
Mark MaddoxChair
Chris SmallenVice-chair
Beth LockhartBoard Member
Chris RogersBoard Member
Dianne AndersonBoard Member
James MarshallBoard Member
Jill PierceBoard Member
Johnny SloanBoard Member
Kary ParchmanBoard Member
Kathy PryorBoard Member
Randy DamewoodBoard Member
Jennifer MaloneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$30,408
Program Service Revenue
$212,418
Investment Income
$278
Other Revenue
$8,686
Change in Net Assets
$-89,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,266
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$152,065$83,732-$235,797
Fees for Services Management-$57,500-$57,500
Depreciation Depletion-$25,358-$25,358
All Other Expenses-$8,359-$8,359
Other Expenses-$6,951-$6,951
Fees for Services Accounting-$4,746-$4,746
Insurance-$2,555-$2,555
Total Functional Expenses$152,065$189,201$0$341,266
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
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, Page 6, Part VI, Line 3

The executive director was given authority to handle management decisions as prescribed by the board of directors.

Form 990, Page 6, Part VI, Line 6

The organization is comprised of 550 voting members.

Form 990, Page 6, Part VI, Line 7A

All 550 members are entitled to cast a vote to elect the officers as well as the board of directors on an annual basis.

Form 990, Page 6, Part VI, Line 7B

The entire membership of teta meets twice a year, in july and december. During these meetings, all 550 members are given the opportunity to vote on all policy, bylaw, or other governance issues.

Form 990, Page 6, Part VI, 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 was prepared by an accountant.

Form 990, Page 6, Part VI, Line 15A

The compensation for the executive director was determined by recommendation from a committee comprised of board members who consulted comparable 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, Page 6, Part VI, 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
EIN
27-0043671
Phone
4233297220
Address
PO BOX 261, JOHNSON CITY, TN 37605
Doing Business As
Teta

Signing Officer

Name
Melony Surrett
Title
Treasurer
Signed
2021-10-15

Organization Details

Principal Officer
Mark Maddox
Formed
2002
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
550

Preparer

Firm
ADAMS & PLUCKER CPA'S PLLP
Address
PO BOX 1117, GREENEVILLE, TN 37744-1117
Preparer
Whitney a Ball
Phone
4236390151
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

Form 990, Page 2, Part III, Line 3

Teta has conducted summer institute, tetc, and provided the perry brown memorial professional development scholarship for a number of years. The 2020 calendar year would have been no different had it not been for the forced postponement of these events due to covid-19. Each of the three events will continue to be held/provided annually once covid-19 is no longer preventing them. All revenue received or expenses incurred on behalf of each of these listed items will be applied to the next occurence of each.

Form 990, Page 2, Part III, Line 4D

Partnership package revenue is received from vendors in order to give them the opportunity to speak at teta meetings as well as setup booths at teta conventions. Membership distribution revenue is money paid to the regional teta chapters based on a prorata share of membership dues paid to the organization.

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IRS990/ProgSrvcAccomActy2Grp/Desc0EACH YEAR TETA AWARDS THE PERRY BROWN MEMORIAL PROFESSIONAL DEVELOPMENT SCHOLARSHIP TO ONE OR MORE TETA MEMBERS. THE SCHOLARSHIP PROVIDES MONIES TO ALLOW THE RECIPIENT(S) TO ATTEND ISTE, AN INTERNATIONAL TECHNOLOGY CONFERENCE. COVERED COSTS INCLUDE CONFERENCE REGISTRATION, LODGING, PER DIEM, AND TRAVEL TO/FROM THE EVENT, CAPPED AT 2,500 PER RECIPIENT. DURING THE 2020 CALENDAR YEAR, NO SCHOLARSHIPS WERE UTILIZED DUE TO COVID-19 CANCELLATIONS.
IRS990/ProgSrvcAccomActy3Grp/Desc0EACH YEAR TETA HOSTS A THREE DAY CONFERENCE CALLED THE TENNESSEE EDUCATIONAL TECHNOLOGY CONFERENCE (TETC). THE PURPOSE OF THIS CONFERENCE IS TO PROVIDE TEACHERS ACROSS THE STATE OF TENNESSEE WITH INFORMATION REGARDING CURRENT TECHNOLOGY PRODUCTS AVAILABLE FOR THE CLASSROOM. DUE TO COVID-19, TETC WAS NOT HELD DURING THE 2020 CALENDAR YEAR. ALL REVENUE AND EXPENSES GENERATED DURING 2020 FOR THIS EVENT WILL BE APPLIED TO THE NEXT TETC.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt08595
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PARTNERSHIP PACKAGE REVENUE IS RECEIVED FROM VENDORS IN ORDER TO GIVE THEM THE OPPORTUNITY TO SPEAK AT TETA MEETINGS AS WELL AS SETUP BOOTHS AT TETA CONVENTIONS. MEMBERSHIP DISTRIBUTION REVENUE IS MONEY PAID TO THE REGIONAL TETA CHAPTERS BASED ON A PRORATA SHARE OF MEMBERSHIP DUES PAID TO THE ORGANIZATION.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERRY SUE FANNING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOAN GRAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1RET. EXEC. DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TETA 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TETA HAS CONDUCTED SUMMER INSTITUTE, TETC, AND PROVIDED THE PERRY BROWN MEMORIAL PROFESSIONAL DEVELOPMENT SCHOLARSHIP FOR A NUMBER OF YEARS. THE 2020 CALENDAR YEAR WOULD HAVE BEEN NO DIFFERENT HAD IT NOT BEEN FOR THE FORCED POSTPONEMENT OF THESE EVENTS DUE TO COVID-19. EACH OF THE THREE EVENTS WILL CONTINUE TO BE HELD/PROVIDED ANNUALLY ONCE COVID-19 IS NO LONGER PREVENTING THEM. ALL REVENUE RECEIVED OR EXPENSES INCURRED ON BEHALF OF EACH OF THESE LISTED ITEMS WILL BE APPLIED TO THE NEXT OCCURENCE OF EACH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PARTNERSHIP PACKAGE REVENUE IS RECEIVED FROM VENDORS IN ORDER TO GIVE THEM THE OPPORTUNITY TO SPEAK AT TETA MEETINGS AS WELL AS SETUP BOOTHS AT TETA CONVENTIONS. MEMBERSHIP DISTRIBUTION REVENUE IS MONEY PAID TO THE REGIONAL TETA CHAPTERS BASED ON A PRORATA SHARE OF MEMBERSHIP DUES PAID TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR WAS GIVEN AUTHORITY TO HANDLE MANAGEMENT DECISIONS AS PRESCRIBED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IS COMPRISED OF 550 VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL 550 MEMBERS ARE ENTITLED TO CAST A VOTE TO ELECT THE OFFICERS AS WELL AS THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ENTIRE MEMBERSHIP OF TETA MEETS TWICE A YEAR, IN JULY AND DECEMBER. DURING THESE MEETINGS, ALL 550 MEMBERS ARE GIVEN THE OPPORTUNITY TO VOTE ON ALL POLICY, BYLAW, OR OTHER GOVERNANCE ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUE 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 WAS PREPARED BY AN ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED BY RECOMMENDATION FROM A COMMITTEE COMPRISED OF BOARD MEMBERS WHO CONSULTED COMPARABLE 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/ExplanationTxt9TETA 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/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
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