Civic Intelligence

Thisbe and Noah Scott Foundation Inc.

990 • Fiscal year 2016 • EIN 27-4086664

Jan 01, 2016 to Dec 31, 2016 • Filed on May 02, 2017

PO Box 50332Nashville, TN 37205-0332

(615) 521-6195

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

92nd percentile

49%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$18,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

44th percentile

0.3%

Faster revenue growth than 44% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$761,281

Up $101,571 (+15%) from 2015

Net Assets

Up

$761,281

Up $101,571 (+15%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$204,580

Up $615 (+0.3%) from 2015

Expenses

Up

$103,435

Up $33,959 (+49%) from 2015

Net Income

Down

$101,145

Down $33,344 (-25%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $46,892Net Assets 2011: $46,8922011Assets 2013: $254,324Liabilities 2013: $0Net Assets 2013: $254,3242013Assets 2014: $371,469Liabilities 2014: $0Net Assets 2014: $371,4692014Assets 2015: $659,710Liabilities 2015: $0Net Assets 2015: $659,7102015Assets 2016: $761,281Liabilities 2016: $0Net Assets 2016: $761,2812016Assets 2017: $817,041Liabilities 2017: $0Net Assets 2017: $817,0412017Assets 2018: $876,484Liabilities 2018: $1,221Net Assets 2018: $875,2632018Assets 2019: $1,558,187Liabilities 2019: $445Net Assets 2019: $1,557,7422019Assets 2020: $382,444Liabilities 2020: $495Net Assets 2020: $381,9492020Assets 2021: $198,064Liabilities 2021: $877Net Assets 2021: $197,1872021Assets 2022: $165,118Liabilities 2022: $900Net Assets 2022: $164,2182022Assets 2023: $153,121Liabilities 2023: $800Net Assets 2023: $152,3212023Assets 2024: $140,524Liabilities 2024: $800Net Assets 2024: $139,7242024Assets 2025: $121,865Liabilities 2025: $926Net Assets 2025: $120,9392025

Highlighted filing

2016

Assets$761,281
Liabilities$0
Net Assets$761,281

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $57,756Expenses 2011: $10,864Net Income 2011: $46,8922011Revenue 2013: $193,642Expenses 2013: $55,310Net Income 2013: $138,3322013Revenue 2014: $166,306Expenses 2014: $49,914Net Income 2014: $116,3922014Revenue 2015: $203,965Expenses 2015: $69,476Net Income 2015: $134,4892015Revenue 2016: $204,580Expenses 2016: $103,435Net Income 2016: $101,1452016Revenue 2017: $206,871Expenses 2017: $151,111Net Income 2017: $55,7602017Revenue 2018: $163,426Expenses 2018: $63,852Net Income 2018: $99,5742018Revenue 2019: $768,203Expenses 2019: $94,796Net Income 2019: $673,4072019Revenue 2020: $351,297Expenses 2020: $1,587,965Net Income 2020: -$1,236,6682020Revenue 2021: $87,024Expenses 2021: $271,786Net Income 2021: -$184,7622021Revenue 2022: $78,662Expenses 2022: $111,631Net Income 2022: -$32,9692022Revenue 2023: $19,820Expenses 2023: $31,717Net Income 2023: -$11,8972023Revenue 2024: $7,053Expenses 2024: $19,650Net Income 2024: -$12,5972024Revenue 2025: $16,172Expenses 2025: $34,957Net Income 2025: -$18,7852025

Highlighted filing

2016

Revenue$204,580
Expenses$103,435
Net Income$101,145
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 2, 2017
Return Version
2016v3.0
Gross Receipts
$204,580
Mission and Program Overview

Mission

The mission of the thisbe and noah scott foundation, inc. Is to promote research awareness and support for families of pediatric neuromuscular diseases.

The mission of the thisbe and noah scott foundation inc. Is to promote research, awareness and support for families of pediatric neuromuscular diseases.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$505,205$628,871▲ $123,666
Prepaid Expenses and Deferred Charges-$1,658-
Land, Buildings, and Equipment, Net$753--
Total Assets$659,710$761,281▲ $101,571
Other Assets Total$153,752$130,752▼ $23,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$505,958$630,529▲ $124,571
Temporarily Rstr Net Assets$153,752$130,752▼ $23,000
Total Net Assets Fund Balance$659,710$761,281▲ $101,571
Total Liabilities and Net Assets / Fund Balance$659,710$761,281▲ $101,571

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$130,752--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lindsay BallewExecutive DirectorPT$18,000$18,000

Board Members and Trustees

NameTitle
Laurian ScottPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$197,316
Program Service Revenue
$0
Investment Income
$7,264
Other Revenue
$0
All Other Contributions
$10,400
Change in Net Assets
$101,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,058
Total Fundraising Expense$46,497
Grants and Similar Amounts Paid$30,000
Salaries, Compensation, and Employee Benefits$19,377
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$30,000--$30,000
Current Officers, Directors, Trustees, and Key Employees-$18,000-$18,000
Advertising--$5,451$5,451
Fees for Services Other--$2,576$2,576
Travel-$2,427-$2,427
Office Expenses-$1,707$570$2,277
Insurance-$2,001-$2,001
Payroll Taxes-$1,377-$1,377
Other Expenses-$234$37,900$234
Fees for Services Accounting-$160-$160
Total Functional Expenses$30,000$26,938$46,497$103,435
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Batten Disease Support and Research AssociationColumbus, OH501(c)(3)Further the Research of Batten Disease, a Disease the Impacts the Nervous System.$30,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$186,916---
Total Events$186,916---
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Form 990 or form 990-ez (depending on applicability) is reviewed by the executive director prior to filing.

Form 990, Part VI, Section C, Line 19

All financial statements and tax returns are provided on guidestar (www.guidestar.org).

Filing and Contact Details

Filer

Filer Name
Thisbe and Noah Scott Foundation Inc
EIN
27-4086664
Phone
6155216195
Address
PO BOX 50332, NASHVILLE, TN 37205-0332

Signing Officer

Name
Lindsay Ballew
Title
Executive Director
Phone
6155216195
Signed
2017-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsay Ballew
Formed
2011
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
M Brett Kennedy
Phone
6155139385
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 1 - Grants and

Prior to the formation of the thisbe and noah scott foundation ("tnsf") as a separate section 501(c)(3) organization, tnsf operated as a "community foundation fund", known as the olive branch fund ("obf"), under the umbrella of the community foundation of middle tennessee ("community"). From 2008 until the formation of tnsf, all donations to tnsf were received and directed through the obf under community. After the formation of tnsf in 2011 as a separate legal entity, community still controlled all donated money through the obf and will not allow the transfer of the remaining donated cash to tnsf it currently controls. Although it won't legally transfer the funds to tnsf, tnsf controls the decision-making as to who receives grants. Over the past few years, most of the grants out of the obf were made to the harvard medical research arm. Additionally, community charges tnsf a fee to control and maintain the funds. As such, tnsf wants to completely deplete the funds in the obf prior to tnsf making grants from its own cash balance to certain medical research facilities. During 2016, a grant of $30,000 was made out of obf to the batten disease support and research association (in columbus, oh) for the benefit of tnsf's exempt purpose (i.e., funding the research of pediatric neuromuscular diseases). Tnsf anticipates that a significant portion, if not all, of the money remaining in obf (which equaled $130,752 as of december 31, 2016) will be granted to apporiate research organizations on or before december 31, 2017, at which time tnsf will start making more significant grants from its cash balance to certain medical research facilities. A ending statement of the obf balance as of december 31, 2016, is available upon request. Additionally, the ending obf balance of $130,752 is shown as a "temporarily restricted net asset" on part x.

Financial Statement Notes

Form 990, Part X, Line 15

Prior to the formation of the thisbe and noah scott foundation ("tnsf") as a separate section 501(c)(3) organization, tnsf operated as a "community foundation fund", known as the "olive branch fund". It has donor funds held in such fund, but there are restrictions to the access of such donations. Due to such restrictions, the ending balance as of december 31, 2016, is listed as an "other asset". Refer to schedule o for additional information regarding the olive branch fund.

Raw XML Appendix335 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 OR FORM 990-EZ (DEPENDING ON APPLICABILITY) IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE PROVIDED ON GUIDESTAR (WWW.GUIDESTAR.ORG).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO THE FORMATION OF THE THISBE AND NOAH SCOTT FOUNDATION ("TNSF") AS A SEPARATE SECTION 501(C)(3) ORGANIZATION, TNSF OPERATED AS A "COMMUNITY FOUNDATION FUND", KNOWN AS THE OLIVE BRANCH FUND ("OBF"), UNDER THE UMBRELLA OF THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE ("COMMUNITY"). FROM 2008 UNTIL THE FORMATION OF TNSF, ALL DONATIONS TO TNSF WERE RECEIVED AND DIRECTED THROUGH THE OBF UNDER COMMUNITY. AFTER THE FORMATION OF TNSF IN 2011 AS A SEPARATE LEGAL ENTITY, COMMUNITY STILL CONTROLLED ALL DONATED MONEY THROUGH THE OBF AND WILL NOT ALLOW THE TRANSFER OF THE REMAINING DONATED CASH TO TNSF IT CURRENTLY CONTROLS. ALTHOUGH IT WON'T LEGALLY TRANSFER THE FUNDS TO TNSF, TNSF CONTROLS THE DECISION-MAKING AS TO WHO RECEIVES GRANTS. OVER THE PAST FEW YEARS, MOST OF THE GRANTS OUT OF THE OBF WERE MADE TO THE HARVARD MEDICAL RESEARCH ARM. ADDITIONALLY, COMMUNITY CHARGES TNSF A FEE TO CONTROL AND MAINTAIN THE FUNDS. AS SUCH, TNSF WANTS TO COMPLETELY DEPLETE THE FUNDS IN THE OBF PRIOR TO TNSF MAKING GRANTS FROM ITS OWN CASH BALANCE TO CERTAIN MEDICAL RESEARCH FACILITIES. DURING 2016, A GRANT OF $30,000 WAS MADE OUT OF OBF TO THE BATTEN DISEASE SUPPORT AND RESEARCH ASSOCIATION (IN COLUMBUS, OH) FOR THE BENEFIT OF TNSF'S EXEMPT PURPOSE (I.E., FUNDING THE RESEARCH OF PEDIATRIC NEUROMUSCULAR DISEASES). TNSF ANTICIPATES THAT A SIGNIFICANT PORTION, IF NOT ALL, OF THE MONEY REMAINING IN OBF (WHICH EQUALED $130,752 AS OF DECEMBER 31, 2016) WILL BE GRANTED TO APPORIATE RESEARCH ORGANIZATIONS ON OR BEFORE DECEMBER 31, 2017, AT WHICH TIME TNSF WILL START MAKING MORE SIGNIFICANT GRANTS FROM ITS CASH BALANCE TO CERTAIN MEDICAL RESEARCH FACILITIES. A ENDING STATEMENT OF THE OBF BALANCE AS OF DECEMBER 31, 2016, IS AVAILABLE UPON REQUEST. ADDITIONALLY, THE ENDING OBF BALANCE OF $130,752 IS SHOWN AS A "TEMPORARILY RESTRICTED NET ASSET" ON PART X.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 1 - GRANTS AND
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LINDSAY BALLEW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/FilingSecurityInformation/IPDt02017-08-04
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ReturnHeader/FilingSecurityInformation/IPTm010:58:44
ReturnHeader/PreparerPersonGrp/PhoneNum06155139385
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M BRETT KENNEDY
ReturnHeader/ReturnTs02017-08-22T09:49:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.02$0.03$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.01$0.02$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.02$0.03$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.16$0.08$0.11$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.09$0.27$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.35$1.59$1.24
2019Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.77$0.09$0.67
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.16$0.06$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.21$0.15$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.20$0.10$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.20$0.07$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.17$0.05$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.19$0.06$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.05$0.06$0.01$0.05