Civic Intelligence

Mcminn County Educational and Community Foundation

990EZ • Fiscal year 2023 • EIN 31-1576242

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 23, 2024

Organization ProfileN/A
PO Box 2Athens, TN 37371

(423) 744-0019

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

58th percentile

7.5%

Higher net margin than 58% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$15,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

56th percentile

4.5%

Faster asset growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

0.9%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$219,349

Up $9,515 (+4.5%) from 2022

Net Assets

Up

$219,349

Up $9,515 (+4.5%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin58th percentile

Revenue

Up

$127,699

Up $1,109 (+0.9%) from 2022

Expenses

Up

$118,184

Up $8,496 (+7.7%) from 2022

Net Income

Down

$9,515

Down $7,387 (-44%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$300K$200K$100K$0Assets 2015: $93,260Net Assets 2015: $93,2602015Assets 2016: $112,937Net Assets 2016: $112,9372016Assets 2017: $162,233Net Assets 2017: $162,2332017Assets 2018: $175,407Net Assets 2018: $175,4072018Assets 2019: $142,502Net Assets 2019: $142,5022019Assets 2020: $152,455Net Assets 2020: $152,4552020Assets 2021: $192,932Net Assets 2021: $192,9322021Assets 2022: $209,834Net Assets 2022: $209,8342022Assets 2023: $219,349Net Assets 2023: $219,3492023Assets 2024: $223,207Net Assets 2024: $223,2072024

Highlighted filing

2023

Assets$219,349
Liabilities-
Net Assets$219,349
Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $76,392Expenses 2015: $59,393Net Income 2015: $16,9992015Revenue 2016: $106,704Expenses 2016: $87,027Net Income 2016: $19,6772016Revenue 2017: $119,851Expenses 2017: $96,130Net Income 2017: $23,7212017Revenue 2018: $114,742Expenses 2018: $101,568Net Income 2018: $13,1742018Revenue 2019: $106,253Expenses 2019: $139,158Net Income 2019: -$32,9052019Revenue 2020: $103,839Expenses 2020: $93,886Net Income 2020: $9,9532020Revenue 2021: $125,807Expenses 2021: $85,330Net Income 2021: $40,4772021Revenue 2022: $126,590Expenses 2022: $109,688Net Income 2022: $16,9022022Revenue 2023: $127,699Expenses 2023: $118,184Net Income 2023: $9,5152023Revenue 2024: $123,936Expenses 2024: $120,078Net Income 2024: $3,8582024

Highlighted filing

2023

Revenue$127,699
Expenses$118,184
Net Income$9,515
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 23, 2024
Return Version
2023v5.0
Gross Receipts
$127,699
Mission and Program Overview

Mission

To provide for the promotion of and funding for pre secondary school educational needs, including but not limited to, facilities, equipment,operations, teacher grants, and such other functions, activities and services as may be necessary to carry out the above purpose.

Program Services

DescriptionGrantsExpenses
PROVISION OF GRANTS TO TEACHERS IN MCMINN COUNTY SCHOOLS FOR CLASSROOM PROJECTS WHICH ARE NOT FUNDED BY THE SCHOOL SYSTEM.-$34,367
THE IMAGINATION LIBRARY PROVIDES FREE HIGH QUALITY, AGE APPROPRIATE, EDUCATOR SELECTED BOOKS MAILED EVERY MONTH TO REGISTERED CHILDREN FROM BIRTH TO FIVE YEARS OLD TO HELP CHILDREN ENTER SCHOOL ON A HIGHER READING READINESS LEVEL.-$22,994
SAME AS FIRST ACHIEVEMENT-$18,727
THE ADULT BASIC EDUCATION PROGRAM ASSISTS ANYONE 18 YEARS OR OLDER, MOST OFTEN ECONOMICALLY DISADVANTAGED ADULTS, IN GAINING THE NECESSARY EDUCATIONAL SKILLS TO PASS A HIGH SCHOOL EQUIVALENCY TEST.-$6,210
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIA REEDYDirector-$15,000-$15,000
BETH JACKSONPresident-$0--
SUSAN SCOTTVice Preside-$0--
DENISE CUNNINGHAMSecretary-$0--
SHANE SEWELLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Mcminn Co Educational & Community
EIN
31-1576242
Phone
4237440019
Address
PO BOX 2, ATHENS, TN 37371

Signing Officer

Name
Shane Sewell
Title
Treasurer
Phone
4237440019
Signed
2024-04-23

Preparer

Firm
Warrenjackson Cpas Pllc
Address
206 N HILL ST, ATHENS, TN 37303
Preparer
Cayce J Rountree CPA
Phone
4237459314
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses youth leadership program 929 special events 2,400 postage & printing 2,408 telephone 300 adult education 8,872 twu education 1,000 mini grants 23,999 miscellaneous 85 imagination library 32,849 mcef scholarships 4,000 art camp tuition 1,225 stem program 1,875 compassion closet 16,999 insurance 3,694 occupancy 1,784 total 102,419”

Form 990-ez, Part I, Line 20

“Merger with adult basic education 0 prior period adjustment 0”

Form 990-ez, Part III

“To provide for the promotion of and funding for pre secondary school educational needs, including but not limited to, facilities, equipment,operations, teacher grants, and such other functions, activities and services as may be necessary to carry out the above purpose.”

Form 990-ez, Part III, Line 30

“The imagination library provides free high quality, age appropriate, educator selected books mailed every month to registered children from birth to five years old to help children enter school on a higher reading readiness level.”

Form 990-ez, Part III, Line 31

“Same as first achievement”

Raw XML Appendix143 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHANE SEWELL
IRS990EZ/BooksInCareOfDetail/PhoneNum04237451111
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0106 WASHINGTON AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATHENS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037303
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0209834
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0219349
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0111080
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09515
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0209834
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0219349
IRS990EZ/GrossReceiptsAmt0127699
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05119
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0209834
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0219349
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0209834
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0219349
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt015000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JULIA REEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BETH JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSAN SCOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DENISE CUNNINGHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHANE SEWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0102419
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FOR THE PROMOTION OF AND FUNDING FOR PRE SECONDARY SCHOOL EDUCATIONAL NEEDS, INCLUDING BUT NOT LIMITED TO, FACILITIES, EQUIPMENT,OPERATIONS, TEACHER GRANTS, AND SUCH OTHER FUNCTIONS, ACTIVITIES AND SERVICES AS MAY BE NECESSARY TO CARRY OUT THE ABOVE PURPOSE.
IRS990EZ/ProgramServiceRevenueAmt011500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVISION OF GRANTS TO TEACHERS IN MCMINN COUNTY SCHOOLS FOR CLASSROOM PROJECTS WHICH ARE NOT FUNDED BY THE SCHOOL SYSTEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ADULT BASIC EDUCATION PROGRAM ASSISTS ANYONE 18 YEARS OR OLDER, MOST OFTEN ECONOMICALLY DISADVANTAGED ADULTS, IN GAINING THE NECESSARY EDUCATIONAL SKILLS TO PASS A HIGH SCHOOL EQUIVALENCY TEST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE IMAGINATION LIBRARY PROVIDES FREE HIGH QUALITY, AGE APPROPRIATE, EDUCATOR SELECTED BOOKS MAILED EVERY MONTH TO REGISTERED CHILDREN FROM BIRTH TO FIVE YEARS OLD TO HELP CHILDREN ENTER SCHOOL ON A HIGHER READING READINESS LEVEL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3SAME AS FIRST ACHIEVEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034367
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16210
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt222994
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt318727
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015765
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0118184
IRS990EZ/TotalProgramServiceExpensesAmt082298
IRS990EZ/TotalRevenueAmt0127699
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0111080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0118287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0115603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt078534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt083853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0507357
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt084465
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0507357
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0111080
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0118287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0115603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt078534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083853
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0507357
IRS990ScheduleA/TotalSupportAmt0507357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES YOUTH LEADERSHIP PROGRAM 929 SPECIAL EVENTS 2,400 POSTAGE & PRINTING 2,408 TELEPHONE 300 ADULT EDUCATION 8,872 TWU EDUCATION 1,000 MINI GRANTS 23,999 MISCELLANEOUS 85 IMAGINATION LIBRARY 32,849 MCEF SCHOLARSHIPS 4,000 ART CAMP TUITION 1,225 STEM PROGRAM 1,875 COMPASSION CLOSET 16,999 INSURANCE 3,694 OCCUPANCY 1,784 TOTAL 102,419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MERGER WITH ADULT BASIC EDUCATION 0 PRIOR PERIOD ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE FOR THE PROMOTION OF AND FUNDING FOR PRE SECONDARY SCHOOL EDUCATIONAL NEEDS, INCLUDING BUT NOT LIMITED TO, FACILITIES, EQUIPMENT,OPERATIONS, TEACHER GRANTS, AND SUCH OTHER FUNCTIONS, ACTIVITIES AND SERVICES AS MAY BE NECESSARY TO CARRY OUT THE ABOVE PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE IMAGINATION LIBRARY PROVIDES FREE HIGH QUALITY, AGE APPROPRIATE, EDUCATOR SELECTED BOOKS MAILED EVERY MONTH TO REGISTERED CHILDREN FROM BIRTH TO FIVE YEARS OLD TO HELP CHILDREN ENTER SCHOOL ON A HIGHER READING READINESS LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SAME AS FIRST ACHIEVEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SHANE SEWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04237440019
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCMINN CO EDUCATIONAL & COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MCMI
ReturnHeader/Filer/EIN0311576242
ReturnHeader/Filer/PhoneNum04237440019
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2
ReturnHeader/Filer/USAddress/CityNm0ATHENS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037371
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621874228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARRENJACKSON CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0206 N HILL ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATHENS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037303
ReturnHeader/PreparerPersonGrp/PhoneNum04237459314
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAYCE J ROUNTREE CPA
ReturnHeader/ReturnTs02024-05-06T16:40:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHANE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SEWELL
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$219,349
Liabilities
-
Net assets
$219,349
Revenue
$127,699
Expenses
$118,184
Net income
$9,515
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$2.23$1.24$1.20$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.19$2.19$1.28$1.18$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.10$2.10$1.27$1.10$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.93$1.93$1.26$0.85$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.52$1.52$1.04$0.94$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.43$1.43$1.06$1.39$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.75$1.75$1.15$1.02$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.62$1.62$1.20$0.96$0.24
2016Detailed filing. Detailed filing data is available for this year.$1.13$1.13$1.07$0.87$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.93$0.76$0.59$0.17
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits