Civic Intelligence

The Nashville Entrepreneur Center

EIN 27-1230916 • 501(c)3 • Nashville, TN

Profile

We help the creative class turn their ideas into reality. The entrepreneur center serves as a gateway that fuses training, relationships, and resources to cultivate economic development and drive nashvilles future as the epicenter of entrepreneurial endeavors. Entrepreneur center serves as the front door of nashville for entrepreneurs.

41 Peabody StreetNashville, TN 37210

www.ec.co

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.05x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$244,392

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

16th percentile

-11%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$4,387,433

Down $522,175 (-11%) from 2023

Liabilities

Up

$136,882

Up $73,466 (+116%) from 2023

Net Assets

Down

$4,250,551

Down $595,641 (-12%) from 2023

Operations
Liabilities / Revenue43rd percentileNet Margin14th percentile

Revenue

Down

$2,974,673

Down $555,932 (-16%) from 2023

Expenses

Down

$3,593,156

Down $310,027 (-7.9%) from 2023

Net Income

Down

-$618,483

Down $245,905 (-66%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $333,794Liabilities 2011: $114,095Net Assets 2011: $219,6992011Assets 2012: $960,047Liabilities 2012: $557,692Net Assets 2012: $402,3552012Assets 2013: $5,203,626Liabilities 2013: $1,230,127Net Assets 2013: $3,973,4992013Assets 2015: $4,631,401Liabilities 2015: $233,099Net Assets 2015: $4,398,3022015Assets 2016: $4,753,026Liabilities 2016: $276,322Net Assets 2016: $4,476,7042016Assets 2017: $5,162,240Liabilities 2017: $272,605Net Assets 2017: $4,889,6352017Assets 2018: $5,004,306Liabilities 2018: $265,236Net Assets 2018: $4,739,0702018Assets 2019: $4,680,062Liabilities 2019: $90,026Net Assets 2019: $4,590,0362019Assets 2020: $5,458,467Liabilities 2020: $293,085Net Assets 2020: $5,165,3822020Assets 2021: $5,510,497Liabilities 2021: $90,436Net Assets 2021: $5,420,0612021Assets 2022: $5,335,273Liabilities 2022: $116,503Net Assets 2022: $5,218,7702022Assets 2023: $4,909,608Liabilities 2023: $63,416Net Assets 2023: $4,846,1922023Assets 2024: $4,387,433Liabilities 2024: $136,882Net Assets 2024: $4,250,5512024

Highlighted filing

2024

Assets$4,387,433
Liabilities$136,882
Net Assets$4,250,551
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $497,6252011Expenses 2012: $1,054,4762012Revenue 2013: $4,778,603Expenses 2013: $1,437,926Net Income 2013: $3,340,6772013Revenue 2015: $2,015,660Expenses 2015: $2,010,002Net Income 2015: $5,6582015Revenue 2016: $2,348,176Expenses 2016: $2,269,773Net Income 2016: $78,4032016Revenue 2017: $2,327,946Expenses 2017: $1,915,016Net Income 2017: $412,9302017Revenue 2018: $2,170,071Expenses 2018: $2,320,630Net Income 2018: -$150,5592018Revenue 2019: $2,361,856Expenses 2019: $2,510,890Net Income 2019: -$149,0342019Revenue 2020: $3,019,290Expenses 2020: $2,443,944Net Income 2020: $575,3462020Revenue 2021: $3,220,772Expenses 2021: $2,966,093Net Income 2021: $254,6792021Revenue 2022: $3,275,516Expenses 2022: $3,476,807Net Income 2022: -$201,2912022Revenue 2023: $3,530,605Expenses 2023: $3,903,183Net Income 2023: -$372,5782023Revenue 2024: $2,974,673Expenses 2024: $3,593,156Net Income 2024: -$618,4832024

Highlighted filing

2024

Revenue$2,974,673
Expenses$3,593,156
Net Income-$618,483
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,387,433
Liabilities
$136,882
Net assets
$4,250,551
Revenue
$2,974,673
Expenses
$3,593,156
Net income
-$618,483
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.14$4.25$2.97$3.59$0.62
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.91$0.06$4.85$3.53$3.90$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$0.12$5.22$3.28$3.48$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$0.09$5.42$3.22$2.97$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$0.29$5.17$3.02$2.44$0.58
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.09$4.59$2.36$2.51$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.27$4.74$2.17$2.32$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$0.27$4.89$2.33$1.92$0.41
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.75$0.28$4.48$2.35$2.27$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.63$0.23$4.40$2.02$2.01$0.01
2013Detailed filing. Detailed filing data is available for this year.$5.20$1.23$3.97$4.78$1.44$3.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.56$0.40$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.11$0.22$0.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 19, 2025
Return Version
2024v5.2
Gross Receipts
$2,974,673
Mission and Program Overview

Mission

The mission of the nashville entrepreneur center is to connect entrepreneurs with the critical resources necessary to create, launch and grow businesses. Its vision is to become the best place in america for entrepreneurs.

The nashville entrepreneur center exists to help make nashville the best place to start and grow a business by increasing the likelihood of success for entrepreneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,660,787$2,558,094▼ $102,693
Investments Other Securities$1,055,480$1,221,416▲ $165,936
Cash and Non-Interest-Bearing Accounts$1,075,134$441,620▼ $633,514
Accounts Receivable$60,718$100,574▲ $39,856
Prepaid Expenses and Deferred Charges$57,489$65,729▲ $8,240
Total Assets$4,909,608$4,387,433▼ $522,175
Liabilities
Accounts Payable and Accrued Expenses$57,116$124,486▲ $67,370
Deferred Revenue$6,300$12,396▲ $6,096
Total Liabilities$63,416$136,882▲ $73,466
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,945,374$3,515,986▼ $429,388
Net Assets With Donor Restrictions$900,818$734,565▼ $166,253
Total Net Assets Fund Balance$4,846,192$4,250,551▼ $595,641
Total Liabilities and Net Assets / Fund Balance$4,909,608$4,387,433▼ $522,175

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,529,001$986,498$3,515,499
Equipment$29,093$879,275$908,368
Other Land Buildings$0$27,000$27,000
Other Securities$220,951--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$577,927$100,000▲ $44,519-$722,446
2023$517,669-▲ $60,258-$577,927
2022$586,549-▼ $68,880-$517,669
2021$443,532$100,000▲ $43,017-$586,549
2020$304,951$100,000▲ $38,581-$443,532
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel DavidsonCEOFT$225,000$19,392$244,392
Donna MattickChief Strategic Alliance OFT$170,000$7,688$177,688
Angela MaySVP Marketing & CommunicatFT$150,000$22,613$172,613
Mira HannaVP of OperationsFT$127,500$4,866$132,366
Dakota SimpsonVP of Programs PartialFT$114,000$8,180$122,180
Anthony RaglandSVP of Connections PartialFT$26,461$340$26,801

Board Members and Trustees

NameTitle
Bobby FristBoard Chair
Beth ChaseChair Emeritus
John IngramChair Emeritus
Sharon ReynoldsDevelopment Chair
Michael SlavikFinance Chair
Stacey Garrett KojuGovernance Chair
Janet MillerPast Chair
Saurabh SinhaVice Chair
Jessa KelleySecretary
Adel Elmessiry DrVoting Member
Andy MoatsVoting Member
Bill BrownVoting Member
Brian FoxVoting Member
Coco KyriopoulosVoting Member
Courtney RossVoting Member
Damon WhitesideVoting Member
John ZarlingVoting Member
Jorge TitingerVoting Member
Judith BrightVoting Member
Mark DeutschmannVoting Member
Max GoldbergVoting Member
Michael Burcham DrVoting Member
Rod McdanielVoting Member
Shani DowellVoting Member
Steve SchnurVoting Member

Highest Paid Contractors

ContractorServicesLocationCompensation
4focus LLCAccounting And Advisory Services41 PEABODY ST, Nashville, TN 37210$108,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,597,869
Program Service Revenue
$217,452
Investment Income
$63,237
Other Revenue
$96,115
All Other Contributions
$1,675,916
Change in Net Assets
$-618,483

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,974,673
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$176,262
Total Revenue per Audited Statements
$3,150,935
Total Revenue per Form 990
$2,974,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,815,743
Salaries, Compensation, and Employee Benefits$1,777,413
Total Fundraising Expense$443,242
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$607,035$92,486$132,446$831,967
Other Salaries and Wages$531,724$81,010$116,013$728,747
Fees for Services Other$564,597$33,099$33,970$631,666
Occupancy$223,228$19,511$27,937$270,676
Fees for Services Accounting$100,376$11,103$15,898$127,377
Payroll Taxes$83,499$12,628$18,022$114,149
Depreciation Depletion$80,717$9,037$12,939$102,693
Other Employee Benefits$74,980$12,233$15,337$102,550
Other Expenses$47,382$1,158$1,658$50,198
Travel$41,261$77$564$41,902
Total Functional Expenses$2,871,582$278,332$443,242$3,593,156

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,746,576
Expenses per Audited Statements$3,593,156
Total Expenses per Form 990$3,593,156
Expenses Not Reported on Form 990$153,420
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Current Chief Financial OfficerLarry Felts Is Managing Member of 4focus, LLC Which Provides Accounting and Consulting Services for Nashville Entrepreneur Center.No$108,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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

Governance Explanations

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

“The form 990 is reviewed internally by members of management and the finance comittee of the board prior to filing with the internal revenue service. In addition, we have provided a full copy of the 990 to the board of directors prior to finalizing the return.”

Form 990, Part VI, Section B, Line 12C

“All board members, employees and other individuals are asked to disclose potential conflicts which are reviewed and any action is taken as needed.”

Form 990, Part VI, Section B, Line 15

“The organization uses compensation data from comparable organizations as available via payscale.com to determine the compensation of its officers, directors, and employees.”

Form 990, Part VI, Section C, Line 18

“The tax related information is available upon request.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The Nashville Entrepreneur Center
EIN
27-1230916
Phone
6158731257
Address
41 PEABODY STREET, NASHVILLE, TN 37210

Signing Officer

Name
Samuel Davidson
Title
Chief Executive Officer
Phone
6152189110
Signed
2025-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Davidson
Formed
2009
Legal Domicile
Tn
Voting Board Members
26
Independent Board Members
26
Employees
20
Volunteers
200

Preparer

Firm
Crosslin Pllc
Address
3803 BEDFORD AVENUE SUITE 201, NASHVILLE, TN 37215
Preparer
Rodney C Brower
Phone
6153205500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Payroll/hr fees: program service expenses 16,971. Management and general expenses 1,900. Fundraising expenses 2,720. Total expenses 21,591. Tech fees: program service expenses 31,874. Management and general expenses 3,569. Fundraising expenses 5,110. Total expenses 40,553. Other professional fees: program service expenses 7,615. Management and general expenses 835. Fundraising expenses 18,210. Total expenses 26,660. Program contracts and professional fees: program service expenses 225,706. Management and general expenses 0. Fundraising expenses 0. Total expenses 225,706. Next awards professional fees: program service expenses 91,852. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,852. Intern stipend fees: program service expenses 65,249. Management and general expenses 20,656. Fundraising expenses 0. Total expenses 85,905. Marketing fees: program service expenses 125,330. Management and general expenses 6,139. Fundraising expenses 7,930. Total expenses 139,399.”

Financial Statement Notes

PART X, LINE 2:

“Nashville entrepreneur center is exempt from income taxes under internal revenue code section 501(c)(3); accordingly, no provision for taxes has been made in the financial statements. Nec accounts for the effect of any uncertain tax positions based on a more likely that not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under examination by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. Tax positions for nec inclued, but are not limited to, the tax-exempt status and determination of whether income is subject to unrelated business income tax; however, nec has determined that such tax positions do not result in an uncertainty requiring recognition.”

Raw XML AppendixShowing 400 of 722 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE NASHVILLE ENTREPRENEUR CENTER EXISTS TO HELP MAKE NASHVILLE THE BEST PLACE TO START AND GROW A BUSINESS BY INCREASING THE LIKELIHOOD OF SUCCESS FOR ENTREPRENEURS.
IRS990/AllOtherContributionsAmt01675916
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IRS990/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
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IRS990/Form990PartVIISectionAGrp/PersonNm2BETH CHASE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK DEUTSCHMANN
IRS990/Form990PartVIISectionAGrp/PersonNm4BRIAN FOX
IRS990/Form990PartVIISectionAGrp/PersonNm5BOBBY FRIST
IRS990/Form990PartVIISectionAGrp/PersonNm6MAX GOLDBERG
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN INGRAM
IRS990/Form990PartVIISectionAGrp/PersonNm8JESSA KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9STACEY GARRETT KOJU
IRS990/Form990PartVIISectionAGrp/PersonNm10ANDY MOATS
IRS990/Form990PartVIISectionAGrp/PersonNm11ROD MCDANIEL
IRS990/Form990PartVIISectionAGrp/PersonNm12JANET MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm13JUDITH BRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm14SHARON REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm15COURTNEY ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm16STEVE SCHNUR
IRS990/Form990PartVIISectionAGrp/PersonNm17SAURABH SINHA
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHAEL SLAVIK
IRS990/Form990PartVIISectionAGrp/PersonNm19JORGE TITINGER
IRS990/Form990PartVIISectionAGrp/PersonNm20DAMON WHITESIDE
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN ZARLING
IRS990/Form990PartVIISectionAGrp/PersonNm22SHANI DOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm23ADEL ELMESSIRY DR
IRS990/Form990PartVIISectionAGrp/PersonNm24COCO KYRIOPOULOS
IRS990/Form990PartVIISectionAGrp/PersonNm25SAMUEL DAVIDSON
IRS990/Form990PartVIISectionAGrp/PersonNm26MIRA HANNA
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IRS990/Form990PartVIISectionAGrp/PersonNm29ANGELA MAY
IRS990/Form990PartVIISectionAGrp/PersonNm30DAKOTA SIMPSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt3VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9GOVERNANCE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DEVELOPMENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt18FINANCE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24VOTING MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHIEF STRATEGIC ALLIANCE O
IRS990/Form990PartVIISectionAGrp/TitleTxt28SVP OF CONNECTIONS PARTIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt29SVP MARKETING & COMMUNICAT
IRS990/Form990PartVIISectionAGrp/TitleTxt30VP OF PROGRAMS PARTIAL
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IRS990/MissionDesc0THE NASHVILLE ENTREPRENEUR CENTER EXISTS TO HELP MAKE NASHVILLE THE BEST PLACE TO START AND GROW A BUSINESS BY INCREASING THE LIKELIHOOD OF SUCCESS FOR ENTREPRENEURS.
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