Civic Intelligence

First Shot Foundation

990 • Fiscal year 2021 • EIN 43-2088629

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

1784 W Northfield Blvd 216Murfreesboro, TN 37129-1702

(615) 631-5312

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

59th percentile

15%

Higher net margin than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

77th percentile

40%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

33%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$145,620

Up $41,940 (+40%) from 2020

Net Assets

Up

$145,620

Up $41,940 (+40%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$275,688

Up $68,867 (+33%) from 2020

Expenses

Up

$233,748

Up $61,312 (+36%) from 2020

Net Income

Up

$41,940

Up $7,555 (+22%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2010: $5,187Liabilities 2010: $02010Assets 2012: $8,744Liabilities 2012: $02012Assets 2013: $39,660Liabilities 2013: $02013Assets 2014: $27,608Liabilities 2014: $02014Assets 2015: $69,621Liabilities 2015: $02015Assets 2016: $83,844Liabilities 2016: $02016Assets 2017: $86,656Liabilities 2017: $0Net Assets 2017: $86,6562017Assets 2018: $71,232Liabilities 2018: $0Net Assets 2018: $71,2322018Assets 2019: $69,295Liabilities 2019: $0Net Assets 2019: $69,2952019Assets 2020: $103,680Liabilities 2020: $0Net Assets 2020: $103,6802020Assets 2021: $145,620Liabilities 2021: $0Net Assets 2021: $145,6202021Assets 2022: $151,263Liabilities 2022: $3,014Net Assets 2022: $148,2492022Assets 2023: $24,587Liabilities 2023: $18,580Net Assets 2023: $6,0072023Assets 2024: $13,272Liabilities 2024: $49,530Net Assets 2024: -$36,2582024

Highlighted filing

2021

Assets$145,620
Liabilities$0
Net Assets$145,620

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $90,888Expenses 2010: $86,712Net Income 2010: $4,1762010Revenue 2012: $94,903Expenses 2012: $90,286Net Income 2012: $4,6172012Revenue 2013: $114,034Expenses 2013: $83,118Net Income 2013: $30,9162013Revenue 2014: $91,545Expenses 2014: $103,597Net Income 2014: -$12,0522014Revenue 2015: $149,366Expenses 2015: $107,353Net Income 2015: $42,0132015Revenue 2016: $154,771Expenses 2016: $140,548Net Income 2016: $14,2232016Revenue 2017: $122,106Expenses 2017: $119,294Net Income 2017: $2,8122017Revenue 2018: $118,601Expenses 2018: $134,025Net Income 2018: -$15,4242018Revenue 2019: $188,962Expenses 2019: $190,899Net Income 2019: -$1,9372019Revenue 2020: $206,821Expenses 2020: $172,436Net Income 2020: $34,3852020Revenue 2021: $275,688Expenses 2021: $233,748Net Income 2021: $41,9402021Revenue 2022: $295,422Expenses 2022: $292,793Net Income 2022: $2,6292022Revenue 2023: $336,095Expenses 2023: $392,082Net Income 2023: -$55,9872023Revenue 2024: $352,922Expenses 2024: $395,187Net Income 2024: -$42,2652024

Highlighted filing

2021

Revenue$275,688
Expenses$233,748
Net Income$41,940
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$330,500
Mission and Program Overview

Mission

NONE

Through various sports clinics and teaching opportunities, the focus is building a stronger, more courageous youth to face opportunities and obstacles in life. Over 1,000 children were served in rutherford county, tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,680$145,620▲ $41,940
Rtn Earn Endowment Incm Other Fnds$103,680$145,620▲ $41,940
Total Assets$103,680$145,620▲ $41,940
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$103,680$145,620▲ $41,940
Total Liabilities and Net Assets / Fund Balance$103,680$145,620▲ $41,940
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William a HerzerExecutive DiFT$60,000$60,000

Board Members and Trustees

NameTitle
Dennis PhillipsPresident &
Amy AyerDirector
Jack GrittonDirector
Joseph HowardDirector
Mark JoinesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$202,406
Program Service Revenue
$64,663
Investment Income
$0
Other Revenue
$8,619
All Other Contributions
$98,406
Change in Net Assets
$41,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,268
Salaries, Compensation, and Employee Benefits$70,480
Total Fundraising Expense$346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$48,000$12,000-$60,000
All Other Expenses$26,242$2,210$346$28,798
Office Expenses$20,595$5,149-$25,744
Occupancy$14,482$3,621-$18,103
Other Expenses$11,196$2,928-$11,196
Other Employee Benefits$5,400$600-$6,000
Payroll Taxes$3,584$896-$4,480
Advertising$3,420--$3,420
Insurance$2,494$623-$3,117
Fees for Services Accounting-$1,725-$1,725
Travel$1,161--$1,161
Fees for Services Other$230--$230
Total Functional Expenses$199,100$34,302$346$233,748
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$63,431
Fundraising Direct Expenses$54,812
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourn. & a$167,431$63,431$54,812$8,619
Total Events$167,431$63,431$54,812$8,619
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
No
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 11B

Reviewed by executive director and administrative director

Form 990, Page 6, Part VI, Line 19

First shot basketball foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
First Shot Foundation
EIN
43-2088629
Phone
6156315312
Address
1784 W NORTHFIELD BLVD 216, MURFREESBORO, TN 37129-1702

Signing Officer

Name
William a Herzer
Title
Executive Director
Phone
6156315312
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William a Herzer
Formed
2003
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
5
Employees
1
Volunteers
45

Preparer

Firm
Thurman Campbell Group Plc
Address
301 S PERIMETER PARK DR SUITE 105, NASHVILLE, TN 37211
Preparer
Garry Lewis
Phone
6157263190
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Through various sports clinics and teaching opportunities, the focus is building a stronger, more courageous youth to face opportunities and obstacles in life. Over 1,000 children were served in rutherford county, tennessee.

Form 990, Part IX, Line 24E

Experiencial learning 5,600 0 0 student meals 4,209 0 0 scholarships 3,696 0 0 telephone, telecommunicat 2,770 346 346 stem academy teachers 3,360 0 0 website 2,863 0 0 charitable contributions 2,850 0 0 bank fees 0 1,864 0 tutoring 700 0 0 miscellaneous 194 0 0 total 26,242 2,210 346

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THROUGH VARIOUS SPORTS CLINICS AND TEACHING OPPORTUNITIES, THE FOCUS IS BUILDING A STRONGER, MORE COURAGEOUS YOUTH TO FACE OPPORTUNITIES AND OBSTACLES IN LIFE. OVER 1,000 CHILDREN WERE SERVED IN RUTHERFORD COUNTY, TENNESSEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY EXECUTIVE DIRECTOR AND ADMINISTRATIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIRST SHOT BASKETBALL FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPERIENCIAL LEARNING 5,600 0 0 STUDENT MEALS 4,209 0 0 SCHOLARSHIPS 3,696 0 0 TELEPHONE, TELECOMMUNICAT 2,770 346 346 STEM ACADEMY TEACHERS 3,360 0 0 WEBSITE 2,863 0 0 CHARITABLE CONTRIBUTIONS 2,850 0 0 BANK FEES 0 1,864 0 TUTORING 700 0 0 MISCELLANEOUS 194 0 0 TOTAL 26,242 2,210 346
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034302
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0233748
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalProgramServiceExpensesAmt0199100
IRS990/TotalProgramServiceRevenueAmt064663
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064663
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0275688
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103680
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0145620
IRS990/TravelGrp/ProgramServicesAmt01161
IRS990/TravelGrp/TotalAmt01161
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/USAddress/CityNm0MURFREESBORO
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IRS990/WebsiteAddressTxt0WWW.FIRSTSHOTTN.ORG
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM A HERZER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06156315312
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST SHOT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0432088629
ReturnHeader/Filer/PhoneNum06156315312
ReturnHeader/Filer/USAddress/AddressLine1Txt01784 W NORTHFIELD BLVD 216
ReturnHeader/Filer/USAddress/CityNm0MURFREESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0371291702
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263683574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THURMAN CAMPBELL GROUP PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 S PERIMETER PARK DR SUITE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037211
ReturnHeader/PreparerPersonGrp/PhoneNum06157263190
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRY LEWIS
ReturnHeader/ReturnTs02022-11-15T16:04:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM A
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HERZER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.13$0.50$0.36$3.53$3.95$0.42
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.19$0.06$3.36$3.92$0.56
2022Detailed filing. Detailed filing data is available for this year.$1.51$0.03$1.48$2.95$2.93$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$2.76$2.34$0.42
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$2.07$1.72$0.34
2019Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$1.89$1.91$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.19$1.34$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$1.22$1.19$0.03
2016Summary only. Only limited summary data is available for this year.$0.84$0.00$1.55$1.41$0.14
2015Summary only. Only limited summary data is available for this year.$0.70$0.00$1.49$1.07$0.42
2014Summary only. Only limited summary data is available for this year.$0.28$0.00$0.92$1.04$0.12
2013Summary only. Only limited summary data is available for this year.$0.40$0.00$1.14$0.83$0.31
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.95$0.90$0.05
2010Summary only. Only limited summary data is available for this year.$0.05$0.00$0.91$0.87$0.04