Civic Intelligence

Engage Kingsport Inc.

990 • Fiscal year 2014 • EIN 27-5504886

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 15, 2015

1200 E Center Street37660

(423) 946-4128

Siviq Scores

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

Liabilities / Assets

47th percentile

0.04x

Higher debt load relative to assets than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.27x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

4th percentile

-74%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$631,001

No earlier filing loaded for comparison.

Net Assets

$608,784

No earlier filing loaded for comparison.

Liabilities

$22,217

No earlier filing loaded for comparison.

Revenue

$83,706

No earlier filing loaded for comparison.

Expenses

$145,691

No earlier filing loaded for comparison.

Net Income

-$61,985

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$0-$200KAssets 2014: $631,001Liabilities 2014: $22,217Net Assets 2014: $608,7842014Assets 2015: $124,199Liabilities 2015: $136,875Net Assets 2015: -$12,6762015Assets 2016: $72,535Liabilities 2016: $22,075Net Assets 2016: $50,4602016Assets 2017: $139,403Liabilities 2017: $12,177Net Assets 2017: $127,2262017Assets 2018: $324,837Liabilities 2018: $1,260Net Assets 2018: $323,5772018Assets 2019: $440,719Liabilities 2019: $36,812Net Assets 2019: $403,9072019Assets 2020: $92,452Liabilities 2020: $15,947Net Assets 2020: $76,5052020Assets 2021: $71,361Liabilities 2021: $2,147Net Assets 2021: $69,2142021Assets 2022: $46,043Liabilities 2022: $4,511Net Assets 2022: $41,5322022Assets 2023: $67,239Liabilities 2023: $3,638Net Assets 2023: $63,6012023Assets 2024: $226,715Liabilities 2024: $150,000Net Assets 2024: $76,7152024Assets 2025: $74,306Liabilities 2025: $125Net Assets 2025: $74,1812025

Highlighted filing

2014

Assets$631,001
Liabilities$22,217
Net Assets$608,784

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2014: $83,706Expenses 2014: $145,691Net Income 2014: -$61,9852014Revenue 2015: $248,405Expenses 2015: $869,865Net Income 2015: -$621,4602015Revenue 2016: $130,437Expenses 2016: $67,301Net Income 2016: $63,1362016Revenue 2017: $196,394Expenses 2017: $119,628Net Income 2017: $76,7662017Revenue 2018: $357,186Expenses 2018: $160,835Net Income 2018: $196,3512018Revenue 2019: $182,575Expenses 2019: $124,226Net Income 2019: $58,3492019Revenue 2020: $132,640Expenses 2020: $460,042Net Income 2020: -$327,4022020Revenue 2021: $19,209Expenses 2021: $26,500Net Income 2021: -$7,2912021Revenue 2022: $31,914Expenses 2022: $44,641Net Income 2022: -$12,7272022Revenue 2023: $57,811Expenses 2023: $35,629Net Income 2023: $22,1822023Revenue 2024: $327,534Expenses 2024: $313,242Net Income 2024: $14,2922024Revenue 2025: $20,812Expenses 2025: $23,346Net Income 2025: -$2,5342025

Highlighted filing

2014

Revenue$83,706
Expenses$145,691
Net Income-$61,985
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 15, 2015
Return Version
2013v4.0
Gross Receipts
$97,486
Mission and Program Overview

Mission

The mission of engage kingsport is to - support the cultural arts division-city of kingsport in providing abundant and excellent cultural and heritage opportunities and engage the residents and visitors of the city of kingsport, the northeast tennessee region in active participation.

To collaborate with a variety of arts orgnaizations as well as non-arts organizations, with the aim of increasing opportunities and outlets for artists of all types.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$635,438$617,394▼ $18,044
Accounts Receivable$35,300--
Pledges and Grants Receivable-$13,150-
Land, Buildings, and Equipment, Net$0$457▲ $457
Total Assets$671,603$631,001▼ $40,602
Other Assets Total$865--
Liabilities
Deferred Revenue-$14,383-
Accounts Payable and Accrued Expenses-$7,834-
Other Liabilities$1,375--
Total Liabilities$1,375$22,217▲ $20,842
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$400,000-
Unrestricted Net Assets$670,228$208,784▼ $461,444
Total Net Assets Fund Balance$670,228$608,784▼ $61,444
Total Liabilities and Net Assets / Fund Balance$671,603$631,001▼ $40,602

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$457$228$685
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lucy FlemingPresident
Gail ColeVice President
Faye BoushleyBoard Member
Joanna MoralesBoard Member
Lee McveyBoard Member
Mark RayBoard Member
Reginald MartinBoard Member
Sharon HurdBoard Member
Sissy SmithBoard Member
William HaileBoard Member
William StephanosBoard Member
Bonnie MacdonaldExecutive Director
Kathy RichardsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$52,227
Program Service Revenue
$23,902
Investment Income
$0
Other Revenue
$7,577
All Other Contributions
$41,599
Change in Net Assets
$-61,985

Audited Revenue Reconciliation

Revenue per Audited Statements
$83,706
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$13,780
Total Revenue per Audited Statements
$97,486
Total Revenue per Form 990
$83,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,863
Grants and Similar Amounts Paid$7,828
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$12,430$2,382-$14,812
Grants to Domestic Orgs$7,828--$7,828
Fees for Services Accounting$7,500--$7,500
Other Expenses$2,828--$2,828
Office Expenses-$1,667-$1,667
All Other Expenses$788$528-$1,316
Insurance-$1,216-$1,216
Interest-$2-$2
Total Functional Expenses$139,896$5,795$0$145,691

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$159,471
Expenses per Audited Statements$145,691
Total Expenses per Form 990$145,691
Expenses Not Reported on Form 990$13,780
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
62-6000323--Public Arts and Related Projects$5,516
Fundraising, Events, and Gaming
Fundraising activities
No
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
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 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 11

A complete copy of the organization's final form 990 (including all required schedules), as ultimately filed with the irs, was provided to each person who was a voting member of the governing body at the time the form 990 was provided, whether in paper or electronic form, before its filing with the irs.

Form 990, Part VI, Section C, Line 19

Documents made available upon request.

Filing and Contact Details

Filer

EIN
27-5504886
Phone
4239464128

Signing Officer

Name
Kathy Richards
Title
Treasurer
Phone
4233928414
Signed
2015-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Richards
Formed
2011
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
20

Preparer

Preparer
Chad Kisner
Phone
4232824511
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Decrease due to small difference in py audit and 990 541.

Financial Statement Notes

PART X, LINE 2:

. As of june 30, 2014, engage kingsport, inc. Had no uncertain tax positions that qualify for either recognition or disclosure in engage kingsport, inc.'s financial statements. Engage kingsport, inc.'s policy is to recognize interest and penalties on unrecognized tax liabilities in income tax expense in the financial statements. No interest and penalties were recorded during the year ended june 30, 2014.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Merchandise sales - reported at gross on f/s

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Merchandise sales - reported at gross on f/s

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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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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt034149
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0600410
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-61985
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt031479
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt052227
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0558052
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0112095
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0722374
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt045258
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt033859
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt048648
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0127765
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0850139
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt097485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0591911
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0160743
IRS990ScheduleA/Total509Grp/TotalAmt0850139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt097485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0591911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0160743
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0850139
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0457
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0228
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0685
IRS990ScheduleD/ExpensesNotReportedAmt013780
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0145691
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt013780
IRS990ScheduleD/OtherRevenueAmt013780
IRS990ScheduleD/RevenueNotReportedAmt013780
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt083706
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0. AS OF JUNE 30, 2014, ENGAGE KINGSPORT, INC. HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN ENGAGE KINGSPORT, INC.'S FINANCIAL STATEMENTS. ENGAGE KINGSPORT, INC.'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MERCHANDISE SALES - REPORTED AT GROSS ON F/S
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2MERCHANDISE SALES - REPORTED AT GROSS ON F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0457
IRS990ScheduleD/TotalExpensesPerForm990Amt0145691
IRS990ScheduleD/TotalRevenuePerForm990Amt083706
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt097486
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0159471
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05516
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt02312
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0PUBLIC ART
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PUBLIC ARTS AND RELATED PROJECTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10CITY OF KINGSPORT
IRS990ScheduleI/RecipientTable/RecipientEIN0626000323
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10225 WEST CENTER STREET
IRS990ScheduleI/RecipientTable/USAddress/City0KINGSPORT
IRS990ScheduleI/RecipientTable/USAddress/State0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode037660
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH PERSON WHO WAS A VOTING MEMBER OF THE GOVERNING BODY AT THE TIME THE FORM 990 WAS PROVIDED, WHETHER IN PAPER OR ELECTRONIC FORM, BEFORE ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECREASE DUE TO SMALL DIFFERENCE IN PY AUDIT AND 990 541.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0400000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0671603
IRS990/TotalAssetsEOYAmt0631001
IRS990/TotalAssetsGrp/BOYAmt0671603
IRS990/TotalAssetsGrp/EOYAmt0631001
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt052227
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05795
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0139896
IRS990/TotalFunctionalExpensesGrp/TotalAmt0145691
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01375
IRS990/TotalLiabilitiesEOYAmt022217
IRS990/TotalLiabilitiesGrp/BOYAmt01375
IRS990/TotalLiabilitiesGrp/EOYAmt022217
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0670228
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0608784
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0139896
IRS990/TotalProgramServiceRevenueAmt023902
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt031479
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt083706
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0671603
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0631001
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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