Civic Intelligence

The Change Center

990 • Fiscal year 2018 • EIN 38-3991050

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

Refreshing map…

203 Harriet Tubman StreetKnoxville, TN 37915

(865) 603-3127

Siviq Scores

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

Liabilities / Assets

68th percentile

0.35x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.39x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

93rd percentile

48%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$5,624,388

Up $1,814,862 (+48%) from 2017

Net Assets

Up

$3,633,875

Up $103,258 (+2.9%) from 2017

Liabilities

Up

$1,990,513

Up $1,711,604 (+614%) from 2017

Revenue

Down

$587,530

Down $456,726 (-44%) from 2017

Expenses

Up

$484,272

Up $268,317 (+124%) from 2017

Net Income

Down

$103,258

Down $725,043 (-88%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2016: $827,939Liabilities 2016: $0Net Assets 2016: $827,9392016Assets 2017: $3,809,526Liabilities 2017: $278,909Net Assets 2017: $3,530,6172017Assets 2018: $5,624,388Liabilities 2018: $1,990,513Net Assets 2018: $3,633,8752018Assets 2019: $5,224,173Liabilities 2019: $1,702,899Net Assets 2019: $3,521,2742019Assets 2020: $4,750,082Liabilities 2020: $1,431,522Net Assets 2020: $3,318,5602020Assets 2021: $4,360,748Liabilities 2021: $992,907Net Assets 2021: $3,367,8412021Assets 2022: $3,999,976Liabilities 2022: $873,284Net Assets 2022: $3,126,6922022Assets 2023: $3,794,608Liabilities 2023: $876,093Net Assets 2023: $2,918,5152023

Highlighted filing

2018

Assets$5,624,388
Liabilities$1,990,513
Net Assets$3,633,875

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $1,104,085Expenses 2016: $186,146Net Income 2016: $917,9392016Revenue 2017: $1,044,256Expenses 2017: $215,955Net Income 2017: $828,3012017Revenue 2018: $587,530Expenses 2018: $484,272Net Income 2018: $103,2582018Revenue 2019: $966,191Expenses 2019: $1,078,792Net Income 2019: -$112,6012019Revenue 2020: $492,399Expenses 2020: $695,113Net Income 2020: -$202,7142020Revenue 2021: $704,291Expenses 2021: $655,010Net Income 2021: $49,2812021Revenue 2022: $616,721Expenses 2022: $857,870Net Income 2022: -$241,1492022Revenue 2023: $494,856Expenses 2023: $703,033Net Income 2023: -$208,1772023

Highlighted filing

2018

Revenue$587,530
Expenses$484,272
Net Income$103,258
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$587,530
Mission and Program Overview

Mission

The change center is a safe, strategically located, center-city partnership facility that provides relational, recreational, leadership development, and jobs iniatives for teens and young adults in an attractive fun environment

The change center will be a safe, strategically located, center-city partnership facility that provides relational, recreational, leadership development, and jobs iniatives for teens and young adults in an attractive fun environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$4,473,973-
Pledges and Grants Receivable$1,261,839$898,853▼ $362,986
Cash and Non-Interest-Bearing Accounts$1,501,356$244,431▼ $1,256,925
Inventories for Sale or Use-$4,750-
Prepaid Expenses and Deferred Charges$1,046,331$2,381▼ $1,043,950
Total Assets$3,809,526$5,624,388▲ $1,814,862
Liabilities
Mortgage Notes Payable Secured by Investment Property-$1,700,000-
Accounts Payable and Accrued Expenses$273,980$260,850▼ $13,130
Other Liabilities$4,929$29,663▲ $24,734
Total Liabilities$278,909$1,990,513▲ $1,711,604
Net Assets / Fund Balance
Unrestricted Net Assets$3,530,617$3,633,875▲ $103,258
Total Net Assets Fund Balance$3,530,617$3,633,875▲ $103,258
Total Liabilities and Net Assets / Fund Balance$3,809,526$5,624,388▲ $1,814,862

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,751,763-$3,751,763
Equipment$722,210-$722,210
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$586,637
Program Service Revenue
$893
Investment Income
$0
Other Revenue
$0
All Other Contributions
$586,637
Change in Net Assets
$103,258

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$40,000
Total Noncash Contributions1$40,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$250,824
Other Expenses$233,448
Total Fundraising Expense$25,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$231,725-$231,725
Occupancy-$48,231-$48,231
Fees for Services Legal-$33,262-$33,262
Advertising--$23,159$23,159
Conferences and Meetings-$19,710-$19,710
Payroll Taxes-$19,099-$19,099
Office Expenses-$16,829-$16,829
Interest-$14,811-$14,811
Travel-$11,751-$11,751
Insurance-$11,128-$11,128
All Other Expenses-$5,021$2,282$7,303
Other Expenses-$5,017-$5,017
Information Technology-$2,574-$2,574
Total Functional Expenses$0$458,831$25,441$484,272
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PAYROLL LIABILITIES:FEDERAL TAXES (9$15,078
Credit Card Home Federal$9,711
Accrued Interest Payable$3,985
PAYROLL LIABILITIES:TN QUARTERLY TAX$1,015
Sales Tax Payable$417
PAYROLL LIABILITIES:BCBS$-543
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

The executive director reviews the conflict of interest statements completed and signed by all board members. The execuvtive director is responsible for reviewing and signing all contracts involving the organization.

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

Executive director has a formal review with the board of directors. Periodic checks are conducted to insure pay is equitable based o nthird party sources.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Change Center
EIN
38-3991050
Phone
8656033127
Address
203 HARRIET TUBMAN STREET, KNOXVILLE, TN 37915

Signing Officer

Name
G Bruce Charles
Title
CFO
Phone
8659511567
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rausch
Formed
2016
Legal Domicile
Tn
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
100

Preparer

Firm
Fleet Firm
Address
759 TEALWOOD LN, CORDOVA, TN 38018-6334
Preparer
Nelson K Fleet CPA
Phone
9013364602
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The change center will be a safe, strategically located, center-city partnership facility that provides relational, recreational, leadership development, and jobs iniatives for teens and young adults in an attractive fun environment

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IRS990/ProgramServiceRevenueGrp/Desc0ACTIVITY CENTER REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1ACTIVITY CENTER COST OF REVEN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08265
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-7372
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08265
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-7372
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01030814
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt081392
IRS990/PYProgramServiceRevenueAmt013442
IRS990/PYRevenuesLessExpensesAmt0828301
IRS990/PYSalariesCompEmpBnftPaidAmt0134563
IRS990/PYTotalExpensesAmt0215955
IRS990/PYTotalRevenueAmt01044256
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0103258
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0586637
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01030814
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02831615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04449066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt013442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt056855
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt071190
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04520256
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0587530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01044256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02888470
IRS990ScheduleA/Total509Grp/TotalAmt04520256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0587530
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01044256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02888470
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04520256
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0722210
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0722210
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03751763
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03751763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31015
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5-543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES:FEDERAL TAXES (9
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD HOME FEDERAL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL LIABILITIES:TN QUARTERLY TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5PAYROLL LIABILITIES:BCBS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04473973
IRS990ScheduleD/TotalLiabilityAmt029663
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt040000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHANGE CENTER WILL BE A SAFE, STRATEGICALLY LOCATED, CENTER-CITY PARTNERSHIP FACILITY THAT PROVIDES RELATIONAL, RECREATIONAL, LEADERSHIP DEVELOPMENT, AND JOBS INIATIVES FOR TEENS AND YOUNG ADULTS IN AN ATTRACTIVE FUN ENVIRONMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEWS THE CONFLICT OF INTEREST STATEMENTS COMPLETED AND SIGNED BY ALL BOARD MEMBERS. THE EXECUVTIVE DIRECTOR IS RESPONSIBLE FOR REVIEWING AND SIGNING ALL CONTRACTS INVOLVING THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR HAS A FORMAL REVIEW WITH THE BOARD OF DIRECTORS. PERIODIC CHECKS ARE CONDUCTED TO INSURE PAY IS EQUITABLE BASED O NTHIRD PARTY SOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03809526
IRS990/TotalAssetsEOYAmt05624388
IRS990/TotalAssetsGrp/BOYAmt03809526
IRS990/TotalAssetsGrp/EOYAmt05624388
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0586637
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025441
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0458831
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0484272
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0278909
IRS990/TotalLiabilitiesEOYAmt01990513
IRS990/TotalLiabilitiesGrp/BOYAmt0278909
IRS990/TotalLiabilitiesGrp/EOYAmt01990513
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03530617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03633875
IRS990/TotalProgramServiceRevenueAmt0893
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0893
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0587530
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03809526
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05624388
IRS990/TravelGrp/ManagementAndGeneralAmt011751
IRS990/TravelGrp/TotalAmt011751
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03530617
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03633875
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017

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