Civic Intelligence

Trinity Health Foundation of East Tennessee

990 • Fiscal year 2020 • EIN 45-3263428

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

520 W Summit Hill Dr Suite 1101Knoxville, TN 37902

(865) 632-5678

Siviq Scores

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

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

24th percentile

0.14x

Higher debt load relative to revenue than 24% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

52nd percentile

4.5%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

44th percentile

4.9%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

28%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$31,755,105

Up $1,489,020 (+4.9%) from 2019

Net Assets

Up

$31,530,696

Up $1,934,603 (+6.5%) from 2019

Liabilities

Down

$224,409

Down $445,583 (-67%) from 2019

Revenue

Up

$1,649,264

Up $364,003 (+28%) from 2019

Expenses

Down

$1,575,319

Down $60,021 (-3.7%) from 2019

Net Income

Up

$73,945

Up $424,024 (+121%) from 2019

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $18,257,094Liabilities 2011: $152,541Net Assets 2011: $18,104,5532011Assets 2012: $25,959,667Liabilities 2012: $155,877Net Assets 2012: $25,803,7902012Assets 2013: $29,062,053Liabilities 2013: $549,214Net Assets 2013: $28,512,8392013Assets 2014: $29,486,816Liabilities 2014: $573,692Net Assets 2014: $28,913,1242014Assets 2015: $27,277,348Liabilities 2015: $646,853Net Assets 2015: $26,630,4952015Assets 2016: $27,880,412Liabilities 2016: $675,059Net Assets 2016: $27,205,3532016Assets 2017: $30,152,741Liabilities 2017: $615,399Net Assets 2017: $29,537,3422017Assets 2018: $26,487,729Liabilities 2018: $648,123Net Assets 2018: $25,839,6062018Assets 2019: $30,266,085Liabilities 2019: $669,992Net Assets 2019: $29,596,0932019Assets 2020: $31,755,105Liabilities 2020: $224,409Net Assets 2020: $31,530,6962020Assets 2021: $35,004,210Liabilities 2021: $665,488Net Assets 2021: $34,338,7222021Assets 2022: $28,416,203Liabilities 2022: $650,846Net Assets 2022: $27,765,3572022Assets 2023: $31,171,418Liabilities 2023: $691,054Net Assets 2023: $30,480,3642023Assets 2024: $32,634,648Liabilities 2024: $595,016Net Assets 2024: $32,039,6322024

Highlighted filing

2020

Assets$31,755,105
Liabilities$224,409
Net Assets$31,530,696

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $18,276,005Expenses 2011: $80,324Net Income 2011: $18,195,6812011Revenue 2012: $7,456,912Expenses 2012: $717,259Net Income 2012: $6,739,6532012Revenue 2013: $3,036,660Expenses 2013: $1,507,013Net Income 2013: $1,529,6472013Revenue 2014: $3,235,401Expenses 2014: $1,518,170Net Income 2014: $1,717,2312014Revenue 2015: $1,263,325Expenses 2015: $1,664,629Net Income 2015: -$401,3042015Revenue 2016: $533,383Expenses 2016: $1,613,622Net Income 2016: -$1,080,2392016Revenue 2017: $3,471,409Expenses 2017: $1,468,855Net Income 2017: $2,002,5542017Revenue 2018: $1,424,793Expenses 2018: $1,614,179Net Income 2018: -$189,3862018Revenue 2019: $1,285,261Expenses 2019: $1,635,340Net Income 2019: -$350,0792019Revenue 2020: $1,649,264Expenses 2020: $1,575,319Net Income 2020: $73,9452020Revenue 2021: $3,179,389Expenses 2021: $1,663,544Net Income 2021: $1,515,8452021Revenue 2022: $981,297Expenses 2022: $1,781,701Net Income 2022: -$800,4042022Revenue 2023: $1,157,422Expenses 2023: $1,707,560Net Income 2023: -$550,1382023Revenue 2024: $855,868Expenses 2024: $2,051,184Net Income 2024: -$1,195,3162024

Highlighted filing

2020

Revenue$1,649,264
Expenses$1,575,319
Net Income$73,945
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$28,422,919
Mission and Program Overview

Mission

Trinity health foundation of east tennessee extends the healing ministry of jesus by improving the physical, emotional and spiritual health of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$29,531,319$30,914,937▲ $1,383,618
Pledges and Grants Receivable$123,171$130,849▲ $7,678
Savings and Temporary Cash Investments$82,053$76,014▼ $6,039
Land, Buildings, and Equipment, Net$21,867$19,861▼ $2,006
Other Notes and Loans Receivable, Net-$1,900-
Total Assets$30,266,085$31,755,105▲ $1,489,020
Other Assets Total$507,675$611,544▲ $103,869
Liabilities
Other Liabilities$185,930$190,048▲ $4,118
Accounts Payable and Accrued Expenses$13,127$19,361▲ $6,234
Grants Payable$470,935$15,000▼ $455,935
Total Liabilities$669,992$224,409▼ $445,583
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,419,261$31,332,716▲ $1,913,455
Net Assets With Donor Restrictions$176,832$197,980▲ $21,148
Total Net Assets Fund Balance$29,596,093$31,530,696▲ $1,934,603
Total Liabilities and Net Assets / Fund Balance$30,266,085$31,755,105▲ $1,489,020

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,361$6,878$14,239
Land$12,500--
Other Securities$257,179--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,759,281$16,003▲ $154,985-$1,868,866
2019$1,583,183$19,264▲ $225,620-$1,759,281
2018$1,751,887-▼ $97,708-$1,583,183
2017$1,632,772-▲ $176,133-$1,751,887
2016$1,601,221-▲ $97,938-$1,632,772
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$37,823
Program Service Revenue
$0
Investment Income
$1,342,696
Other Revenue
$268,745
All Other Contributions
$37,823
Change in Net Assets
$73,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,209,990
Other Expenses$243,052
Salaries, Compensation, and Employee Benefits$122,277
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,089,990--$1,089,990
Fees for Service Investment Mgmnt Fees-$138,180-$138,180
Grants to Domestic Individuals$120,000--$120,000
Other Salaries and Wages$60,911$26,105-$87,016
Fees for Services Management$17,520$36,080-$53,600
Other Employee Benefits$19,795$8,484-$28,279
Information Technology$12,583$5,393-$17,976
Other Expenses-$10,000-$10,000
Office Expenses$6,192$1,481-$7,673
Occupancy$5,163$2,213-$7,376
Conferences and Meetings$5,492$170-$5,662
Payroll Taxes$3,697$1,585-$5,282
Depreciation Depletion$1,403$602-$2,005
Pension Plan Contributions$1,190$510-$1,700
Advertising$580--$580
Total Functional Expenses$1,344,516$230,803$0$1,575,319
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Interfaith Health ClinicKnoxville, TN501c3Urgent Needs/general$60,000
Boys & Girls Clubs of the TennesseeKnoxville, TN501c3Urgent Needs/general$45,000
Wesley House Community CenterKnoxville, TN501c3Urgent Needs/general$38,000
Nourish KnoxvilleKnoxville, TN501c3Urgent Needs/general$35,000
Thrive Lonsdale Youth MinistriesKnoxville, TN501c3Urgent Needs/general$35,000
Big Brothers Big Sisters of East TeKnoxville, TN501c3Urgent Needs/general$34,000
Bethany Christian Services of EastKnoxville, TN501c3Urgent Needs/general$32,500
Knoxville Area Urban LeagueKnoxville, TN501c3Urgent Needs/general$31,000
Helen Ross Mcnabb CenterKnoxville, TN501c3Urgent Needs/general$30,000
Remote Area MedicalRockford, TN501c3Urgent Needs/general$30,000
True Purpose MinistriesMaryville, TN501c3Urgent Needs/general$30,000
Ymca of East TennesseeKnoxville, TN-Urgent Needs/general$30,000
The Change CenterKnoxville, TN501c3Urgent Needs/general$26,000
Knox Area Rescue MinistriesKnoxville, TN501c3Urgent Needs/general$25,000
Penultimate DevelopmentJefferson City, TN501c3Urgent Needs/general$25,000
Ywca KnoxvilleKnoxville, TN-Urgent Needs/general$25,000
SUSANNAH'S HOUSEKnoxville, TN501c3Urgent Needs/general$22,500
Good Samaritan Center of Loudon CouLenoir City, TN501c3Urgent Needs/general$22,000
Mountain Hope Good Shepherd ClinicSevierville, TN501c3Urgent Needs/general$20,000
Operation Inasmuch IncKnoxville, TN501c3Urgent Needs/general$20,000
Mobile Lifehouse MinistriesNew Market, TN501c3Urgent Needs/general$18,000
Volunteer Ministry CenterKnoxville, TN501c3Urgent Needs/general$18,000
Family Promise of Roane CountyRockwood, TN501c3Urgent Needs/general$17,500
Emerald Youth FoundationKnoxville, TN501c3Urgent Needs/general$17,000
Boys & Girls Clubs in TennesseeKnoxville, TN501c3Urgent Needs/general$16,000
Emory Valley Center IncOak Ridge, TN501c3Urgent Needs/general$16,000
Arc Knox CountyKnoxville, TN501c3Urgent Needs/general$15,000
Cherokee Health SystemsKnoxville, TN501c3Urgent Needs/general$15,000
EAST TENNESSEE CHILDREN'S HOSPITALKnoxville, TN501c3Urgent Needs/general$15,000
Focus MinistriesKnoxville, TN501c3Urgent Needs/general$15,000
Knoxville Leadership FoundationKnoxville, TN501c3Urgent Needs/general$15,000
Knoxville-knox County CacKnoxville, TN501c3Urgent Needs/general$15,000
Medic Regional Blood CenterKnoxville, TN501c3Urgent Needs/general$15,000
Stepping Out IncMorristown, TN501c3Urgent Needs/general$15,000
A Secret Safe Place for Newborns ofMaryville, TN501c3Urgent Needs/general$14,000
ETERNAL LIFE'S RESTORATION OUTREACHKnoxville, TN501c3Urgent Needs/general$14,000
NEW HOPE BLOUNT COUNTY CHILDREN'S AMaryville, TN501c3Urgent Needs/general$14,000
Breakthrough CorporationKnoxville, TN501c3Urgent Needs/general$12,500
East Tennessee FoundationKnoxville, TN501c3Urgent Needs/general$10,000
Impact AmericaMemphis, TN501c3Urgent Needs/general$10,000
Legal Aid of East TennesseeKnoxville, TN501c3Urgent Needs/general$10,000
Restoration House of East TennesseeKnoxville, TN501c3Urgent Needs/general$10,000
Vet to Vet TennesseeKnoxville, TN501c3Urgent Needs/general$10,000
Concord United Methodist ChurchKnoxville, TN501c3Urgent Needs/general$9,240
Knoxville Internationals NetworkKnoxville, TN501c3Urgent Needs/general$8,000
Girl Talk IncKnoxville, TN501c3Urgent Needs/general$7,500
Haven House IncAlcoa, TN501c3Urgent Needs/general$7,500
Mid-east Community Action AgencyKingston, TN501c3Urgent Needs/general$7,000
Roane State Community College FoundHarriman, TN501c3Urgent Needs/general$7,000
Centro HispanoKnoxville, TN501c3Urgent Needs/general$6,000
Knoxville Habitat for HumanityKnoxville, TN501c3Urgent Needs/general$6,000
West Lonsdale Baptist ChurchKnoxville, TN-Urgent Needs/general$6,000
Compassion CounselingMaryville, TN501c3Urgent Needs/general$5,200
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Chuck MorrisSee BelowSee BelowNo$17,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity/unitrust Liability$190,048
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Becky little jennifer little vice-chair director family relationship

Form 990, Page 6, Part VI, Line 11B

The executive vice president of east tennessee foundation reviews the form 990 and forwards a copy to all trinity board members via email prior to filing. The complete form 990 is also sent to an officer of trinity for review and signature.

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

Officers and directors are asked to complete an annual conflict of interest disclosure form, which is kept on file in the trinity office. Officers and directors with a conflict of interest on an issue on a meeting agenda are asked to disclose the conflict at the meeting and to recuse themselves from participation in discussion and voting on that item; such recusals are documented in the meeting minutes.

Form 990, Page 6, Part VI, Line 19

Trinity health foundation of east tennessee makes these documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Trinity Health Foundation
EIN
45-3263428
Phone
8656325678
Address
520 W SUMMIT HILL DR SUITE 1101, KNOXVILLE, TN 37902

Signing Officer

Name
John C Ross
Title
Chair
Phone
8655497753
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John C Ross
Formed
2011
Legal Domicile
Tn
Voting Board Members
21
Independent Board Members
21
Employees
2
Volunteers
22

Preparer

Firm
Brown Jake & Mcdaniel Pc
Address
2607 KINGSTON PIKE SUITE 110, KNOXVILLE, TN 37919-3336
Preparer
James E Booher CPA
Phone
8656378600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

21 individuals served in 2020 as volunteers on the foundation's board. One additional individual served in 2020 as a volunteer as an officer of the foundation.

Form 990, Page 2, Part III, Line 4D

General support of the supported organization, east tennessee foundation, through administrative fees and prior year grant refunds.

Form 990, Part XI, Line 9

Change in value of split interest agreements 13,470

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The foundation's endowment provides an annual income for grants and scholarships for health-related initiatives in east tennessee.

Schedule D, Page 3, Part X

Under accounting standards, an organization must recognize tax benefits associated with tax taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by taxing authorities. There were no unrecognized tax benefits identified or recorded as liabilities for 2020 and 2019.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE-CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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IRS990/MissionDesc0TRINITY HEALTH FOUNDATION OF EAST TENNESSEE EXTENDS THE HEALING MINISTRY OF JESUS BY IMPROVING THE PHYSICAL, EMOTIONAL AND SPIRITUAL HEALTH OF OUR COMMUNITY.
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IRS990/PrincipalOfficerNm0JOHN C ROSS
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED ASSISTANCE TO 11 AREA MEDICAL CENTERS TO PROVIDE SCHOLARSHIPS FOR CONTINUING EDUCATION FOR HEALTHCARE PROFESSIONALS.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt060000
IRS990/ProgSrvcAccomActy3Grp/Desc0SUSPENDED REGULAR GRANT INITIATIVES DURING THE PANDEMIC, INSTEAD PROVIDING EMERGENCY FUNDING TO 60 NONPROFIT ORGANIZATIONS TO MEET THE COMMUNITES' MOST URGENT NEEDS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION MADE GRANTS TO SCHOOLS, INSTITUTIONS OF HIGHER EDUCATION, AND OTHER 501(C)(3) NONPROFIT ORGANIZATIONS THAT SERVE THE CHARITABLE PURPOSES OF EAST TENNESSEE FOUNDATION, THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.6$0.60$32.0$0.86$2.05$1.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$0.69$30.5$1.16$1.71$0.55
2022Detailed filing. Detailed filing data is available for this year.$28.4$0.65$27.8$0.98$1.78$0.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.0$0.67$34.3$3.18$1.66$1.52
2020Detailed filing. Detailed filing data is available for this year.$31.8$0.22$31.5$1.65$1.58$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$0.67$29.6$1.29$1.64$0.35
2018Detailed filing. Detailed filing data is available for this year.$26.5$0.65$25.8$1.42$1.61$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.2$0.62$29.5$3.47$1.47$2.00
2016Detailed filing. Detailed filing data is available for this year.$27.9$0.68$27.2$0.53$1.61$1.08
2015Detailed filing. Detailed filing data is available for this year.$27.3$0.65$26.6$1.26$1.66$0.40
2014Detailed filing. Detailed filing data is available for this year.$29.5$0.57$28.9$3.24$1.52$1.72
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$0.55$28.5$3.04$1.51$1.53
2012Summary only. Only limited summary data is available for this year.$26.0$0.16$25.8$7.46$0.72$6.74
2011Summary only. Only limited summary data is available for this year.$18.3$0.15$18.1$18.3$0.08$18.2