Civic Intelligence

Entrepreneur Development Center Southwest Tennessee Inc.

990 • Fiscal year 2014 • EIN 45-5186181

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

541 Wiley Parker RdJackson, TN 38305

(731) 554-5555

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.03x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.02x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

99th percentile

871%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

97th percentile

224%

Faster revenue growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$958,327

Up $859,627 (+871%) from 2013

Net Assets

Up

$933,253

Up $850,832 (+1032%) from 2013

Liabilities

Up

$25,074

Up $8,795 (+54%) from 2013

Revenue

Up

$1,235,684

Up $854,283 (+224%) from 2013

Expenses

Up

$384,852

Up $77,416 (+25%) from 2013

Net Income

Up

$850,832

Up $776,867 (+1050%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $82,129Liabilities 2012: $80,129Net Assets 2012: $2,0002012Assets 2013: $98,700Liabilities 2013: $16,279Net Assets 2013: $82,4212013Assets 2014: $958,327Liabilities 2014: $25,074Net Assets 2014: $933,2532014Assets 2015: $954,924Liabilities 2015: $21,107Net Assets 2015: $933,8172015Assets 2016: $1,008,584Liabilities 2016: $83,833Net Assets 2016: $924,7512016Assets 2017: $912,061Liabilities 2017: $10,354Net Assets 2017: $901,7072017Assets 2018: $1,495,053Liabilities 2018: $320,001Net Assets 2018: $1,175,0522018Assets 2019: $1,661,446Liabilities 2019: $299,697Net Assets 2019: $1,361,7492019Assets 2020: $1,512,143Liabilities 2020: $369,349Net Assets 2020: $1,142,7942020Assets 2021: $1,323,750Liabilities 2021: $281,908Net Assets 2021: $1,041,8422021Assets 2022: $909,692Liabilities 2022: $5,414Net Assets 2022: $904,2782022Assets 2023: $945,144Liabilities 2023: $5,798Net Assets 2023: $939,3462023Assets 2024: $1,147,326Liabilities 2024: $4,790Net Assets 2024: $1,142,5362024Assets 2025: $1,046,940Liabilities 2025: $6,417Net Assets 2025: $1,040,5232025

Highlighted filing

2014

Assets$958,327
Liabilities$25,074
Net Assets$933,253

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $135,838Expenses 2012: $133,838Net Income 2012: $2,0002012Revenue 2013: $381,401Expenses 2013: $307,436Net Income 2013: $73,9652013Revenue 2014: $1,235,684Expenses 2014: $384,852Net Income 2014: $850,8322014Revenue 2015: $380,313Expenses 2015: $379,749Net Income 2015: $5642015Revenue 2016: $602,951Expenses 2016: $618,444Net Income 2016: -$15,4932016Revenue 2017: $169,360Expenses 2017: $192,407Net Income 2017: -$23,0472017Revenue 2018: $1,504,026Expenses 2018: $1,218,018Net Income 2018: $286,0082018Revenue 2019: $1,596,108Expenses 2019: $1,466,111Net Income 2019: $129,9972019Revenue 2020: $928,251Expenses 2020: $1,203,906Net Income 2020: -$275,6552020Revenue 2021: $715,894Expenses 2021: $873,546Net Income 2021: -$157,6522021Revenue 2022: $610,826Expenses 2022: $748,707Net Income 2022: -$137,8812022Revenue 2023: $640,119Expenses 2023: $605,051Net Income 2023: $35,0682023Revenue 2024: $799,360Expenses 2024: $652,870Net Income 2024: $146,4902024Revenue 2025: $916,080Expenses 2025: $1,074,793Net Income 2025: -$158,7132025

Highlighted filing

2014

Revenue$1,235,684
Expenses$384,852
Net Income$850,832
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$1,235,684
Mission and Program Overview

Mission

The Entrepreneur Development Center assists aspiring small business owners by providing education, mentoring, training and knowledge to assist them in their quest to become entrepreneurs. Entrepreneurship can do more than just create jobs; it can create new ways to address the challenges that reside in our community. Our mission is to connect entrepreneurs with the critical resources they need to create, build and grow their businesses. These critical resources are experienced mentors, capital, training, knowledge and a supportive community. Related programs to this mission include a coding academy for high school students; funding for medical device research activities for local physcians; and a local life style magazine focused toward community opportunities and business.

The entrepreneur development center is the front door for entrepreneurs in southwest tennessee. We help entrepreneurs realize the american dream of having their own business. These businesses create jobs for the community. This vision extends to creating an entrepreneurial culture here in southwest tennessee. Entrepreneurship can do more than just create jobs; it can create new ways to address the challenges that reside in our community. Our mission is to connect entrepreneurs with the critical resources they need to create, build and grow their businesses. These critical resources are experienced mentors, capital, training, knowledge and a supportive community. And, in helping entrepreneurs, we help create jobs for our community. We also provide education related-support to area high school students through the code academy providing instruction in computer coding.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,793$888,406▲ $856,613
Cash and Non-Interest-Bearing Accounts$5,673$55,447▲ $49,774
Pledges and Grants Receivable$61,234$14,474▼ $46,760
Total Assets$98,700$958,327▲ $859,627
Liabilities
Accounts Payable and Accrued Expenses$16,279$25,074▲ $8,795
Total Liabilities$16,279$25,074▲ $8,795
Net Assets / Fund Balance
Unrestricted Net Assets$82,421$933,253▲ $850,832
Total Net Assets Fund Balance$82,421$933,253▲ $850,832
Total Liabilities and Net Assets / Fund Balance$98,700$958,327▲ $859,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$838,139$14,206$852,345
Other Land Buildings$41,993$7,159$49,152
Equipment$8,274$210$8,484
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank LawrenceBoard Chairm
Jacque HillmanBoard Member
Lisa PierceyBoard Member
Mark TaylorBoard Member
Michael LaffoonBoard Member
Sharon YoungerBoard Member
Ted NelsonBoard Member
Mike HewittTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,222,071
Program Service Revenue
$13,311
Investment Income
$2
Other Revenue
$300
All Other Contributions
$848,548
Change in Net Assets
$850,832

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
Real Estate Commercial1$810,000
Other Non Cash Contri Table2$17,231
Total Noncash Contributions3$827,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$313,479
Salaries, Compensation, and Employee Benefits$71,373
Total Fundraising Expense$7,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$85,957$2,004$401$88,362
Other Salaries and Wages$57,763$6,639$1,992$66,394
Fees for Services Management$39,434$13,693$1,643$54,770
Occupancy$44,547$5,122$1,537$51,206
Depreciation Depletion$15,907$2,664$426$18,997
Travel$9,327$1,036-$10,363
Payroll Taxes$4,332$498$149$4,979
Office Expenses$2,490$133$54$2,677
Insurance$1,048$185-$1,233
Information Technology$937--$937
Interest-$791-$791
Advertising$275--$275
Other Expenses$412$36$834$36
Total Functional Expenses$337,465$40,351$7,036$384,852
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
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

Copy of 990 made available to board members.

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

Reviewed and approved by board.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Entrepreneur Development Center
EIN
45-5186181
Phone
7315545555
Address
541 WILEY PARKER RD, JACKSON, TN 38305
Doing Business As
Theco

Signing Officer

Name
Michael Hewitt
Title
Treasurer
Phone
7315545555
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Ferguson
Formed
2012
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
8
Volunteers
20

Preparer

Firm
Alexander Thompson Arnold Pllc
Address
227 OIL WELL RD, JACKSON, TN 38305
Preparer
Michael M Hewitt
Phone
7314278571
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The entrepreneur development center is the front door for entrepreneurs in southwest tennessee. We help entrepreneurs realize the american dream of having their own business. These businesses create jobs for the community. This vision extends to creating an entrepreneurial culture here in southwest tennessee. Entrepreneurship can do more than just create jobs; it can create new ways to address the challenges that reside in our community. Our mission is to connect entrepreneurs with the critical resources they need to create, build and grow their businesses. These critical resources are experienced mentors, capital, training, knowledge and a supportive community. And, in helping entrepreneurs, we help create jobs for our community. We also provide education related-support to area high school students through the code academy providing instruction in computer coding.

Form 990, Page 1, Part I, Line 6

Volunteer mentors for students and emerging entrepreneurs

Form 990, Page 5, Part V, Line 3B

No unrelated business income

Form 990, Part IX, Line 11G

Consulting - r&d 75,000 0 0 other management 10,957 2,004 401

Raw XML Appendix379 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016279
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025074
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ENTREPRENEUR DEVELOPMENT CENTER IS THE FRONT DOOR FOR ENTREPRENEURS IN SOUTHWEST TENNESSEE. WE HELP ENTREPRENEURS REALIZE THE AMERICAN DREAM OF HAVING THEIR OWN BUSINESS. THESE BUSINESSES CREATE JOBS FOR THE COMMUNITY. THIS VISION EXTENDS TO CREATING AN ENTREPRENEURIAL CULTURE HERE IN SOUTHWEST TENNESSEE. ENTREPRENEURSHIP CAN DO MORE THAN JUST CREATE JOBS; IT CAN CREATE NEW WAYS TO ADDRESS THE CHALLENGES THAT RESIDE IN OUR COMMUNITY. OUR MISSION IS TO CONNECT ENTREPRENEURS WITH THE CRITICAL RESOURCES THEY NEED TO CREATE, BUILD AND GROW THEIR BUSINESSES. THESE CRITICAL RESOURCES ARE EXPERIENCED MENTORS, CAPITAL, TRAINING, KNOWLEDGE AND A SUPPORTIVE COMMUNITY. AND, IN HELPING ENTREPRENEURS, WE HELP CREATE JOBS FOR OUR COMMUNITY. WE ALSO PROVIDE EDUCATION RELATED-SUPPORT TO AREA HIGH SCHOOL STUDENTS THROUGH THE CODE ACADEMY PROVIDING INSTRUCTION IN COMPUTER CODING.
IRS990/AdvertisingGrp/ProgramServicesAmt0275
IRS990/AdvertisingGrp/TotalAmt0275
IRS990/AllOtherContributionsAmt0848548
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL HEWITT
IRS990/BooksInCareOfDetail/PhoneNum07314278571
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0227 OIL WELL RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038305
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05673
IRS990/CashNonInterestBearingGrp/EOYAmt055447
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01222071
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt0313479
IRS990/CYOtherRevenueAmt0300
IRS990/CYProgramServiceRevenueAmt013311
IRS990/CYRevenuesLessExpensesAmt0850832
IRS990/CYSalariesCompEmpBnftPaidAmt071373
IRS990/CYTotalExpensesAmt0384852
IRS990/CYTotalFundraisingExpenseAmt07036
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01235684
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0426
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02664
IRS990/DepreciationDepletionGrp/ProgramServicesAmt015907
IRS990/DepreciationDepletionGrp/TotalAmt018997
IRS990/Desc0THE ENTREPRENEUR DEVELOPMENT CENTER IS THE FRONT DOOR FOR ENTREPRENEURS IN SOUTHWEST TENNESSEE. WE HELP ENTREPRENEURS REALIZE THE AMERICAN DREAM OF HAVING THEIR OWN BUSINESS. THESE BUSINESSES CREATE JOBS FOR THE COMMUNITY. THIS VISION EXTENDS TO CREATING AN ENTREPRENEURIAL CULTURE HERE IN SOUTHWEST TENNESSEE. ENTREPRENEURSHIP CAN DO MORE THAN JUST CREATE JOBS; IT CAN CREATE NEW WAYS TO ADDRESS THE CHALLENGES THAT RESIDE IN OUR COMMUNITY. OUR MISSION IS TO CONNECT ENTREPRENEURS WITH THE CRITICAL RESOURCES THEY NEED TO CREATE, BUILD AND GROW THEIR BUSINESSES. THESE CRITICAL RESOURCESARE EXPERIENCED MENTORS, CAPITAL, TRAINING, KNOWLEDGE AND A SUPPORTIVE COMMUNITY. AND, IN HELPING ENTREPRENEURS, WE HELP CREATE JOBS FOR OUR COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0THECO
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0337465
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/FundraisingAmt01643
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt013693
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt039434
IRS990/FeesForServicesManagementGrp/TotalAmt054770
IRS990/FeesForServicesOtherGrp/FundraisingAmt0401
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02004
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt085957
IRS990/FeesForServicesOtherGrp/TotalAmt088362
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANK LAWRENCE
IRS990/Form990PartVIISectionAGrp/PersonNm1LISA PIERCEY
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE HEWITT
IRS990/Form990PartVIISectionAGrp/PersonNm4TED NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JACQUE HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL LAFFOON
IRS990/Form990PartVIISectionAGrp/PersonNm7SHARON YOUNGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRM
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0364223
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01235684
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0937
IRS990/InformationTechnologyGrp/TotalAmt0937
IRS990/InsuranceGrp/ManagementAndGeneralAmt0185
IRS990/InsuranceGrp/ProgramServicesAmt01048
IRS990/InsuranceGrp/TotalAmt01233
IRS990/InterestGrp/ManagementAndGeneralAmt0791
IRS990/InterestGrp/TotalAmt0791
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt012
IRS990/LandBldgEquipAccumDeprecAmt021575
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031793
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0888406
IRS990/LandBldgEquipCostOrOtherBssAmt0909981
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt09300
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ENTREPRENEUR DEVELOPMENT CENTER IS THE FRONT DOOR FOR ENTREPRENEURS IN SOUTHWEST TENNESSEE. WE HELP ENTREPRENEURS REALIZE THE AMERICAN DREAM OF HAVING THEIR OWN BUSINESS. THESE BUSINESSES CREATE JOBS FOR THE COMMUNITY. THIS VISION EXTENDS TO CREATING AN ENTREPRENEURIAL CULTURE HERE IN SOUTHWEST TENNESSEE. ENTREPRENEURSHIP CAN DO MORE THAN JUST CREATE JOBS; IT CAN CREATE NEW WAYS TO ADDRESS THE CHALLENGES THAT RESIDE IN OUR COMMUNITY. OUR MISSION IS TO CONNECT ENTREPRENEURS WITH THE CRITICAL RESOURCES THEY NEED TO CREATE, BUILD AND GROW THEIR BUSINESSES. THESE CRITICAL RESOURCES ARE EXPERIENCED MENTORS, CAPITAL, TRAINING, KNOWLEDGE AND A SUPPORTIVE COMMUNITY. AND, IN HELPING ENTREPRENEURS, WE HELP CREATE JOBS FOR OUR COMMUNITY. WE ALSO PROVIDE EDUCATION RELATED-SUPPORT TO AREA HIGH SCHOOL STUDENTS THROUGH THE CODE ACADEMY PROVIDING INSTRUCTION IN COMPUTER CODING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt082421
IRS990/NetAssetsOrFundBalancesEOYAmt0933253
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0827231
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01537
IRS990/OccupancyGrp/ManagementAndGeneralAmt05122
IRS990/OccupancyGrp/ProgramServicesAmt044547
IRS990/OccupancyGrp/TotalAmt051206
IRS990/OfficeExpensesGrp/FundraisingAmt054
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0133
IRS990/OfficeExpensesGrp/ProgramServicesAmt02490
IRS990/OfficeExpensesGrp/TotalAmt02677
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TAXES AND LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt0834
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07504
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt146
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt236
IRS990/OtherExpensesGrp/ProgramServicesAmt075036
IRS990/OtherExpensesGrp/ProgramServicesAmt1412
IRS990/OtherExpensesGrp/TotalAmt083374
IRS990/OtherExpensesGrp/TotalAmt1458
IRS990/OtherExpensesGrp/TotalAmt236
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0300
IRS990/OtherRevenueTotalAmt0300
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01992
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06639
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057763
IRS990/OtherSalariesAndWagesGrp/TotalAmt066394
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0149
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0498
IRS990/PayrollTaxesGrp/ProgramServicesAmt04332
IRS990/PayrollTaxesGrp/TotalAmt04979
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt061234
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt014474
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BEN FERGUSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013311
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0359602
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029
IRS990/PYOtherExpensesAmt0182367
IRS990/PYProgramServiceRevenueAmt021770
IRS990/PYRevenuesLessExpensesAmt073965
IRS990/PYSalariesCompEmpBnftPaidAmt0125069
IRS990/PYTotalExpensesAmt0307436
IRS990/PYTotalRevenueAmt0381401
IRS990/ReconcilationRevenueExpnssAmt0850832
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01222071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0359602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0139537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01721210
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013313
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01721210
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01222071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0359602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0139537
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01721210
IRS990ScheduleA/TotalSupportAmt01721210
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/BuildingsGrp/BookValueAmt0838139
IRS990ScheduleD/BuildingsGrp/DepreciationAmt014206
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0852345
IRS990ScheduleD/EquipmentGrp/BookValueAmt08274
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0210
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08484
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041993
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07159
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049152
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0888406
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt017231
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt0810000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTREPRENEUR DEVELOPMENT CENTER IS THE FRONT DOOR FOR ENTREPRENEURS IN SOUTHWEST TENNESSEE. WE HELP ENTREPRENEURS REALIZE THE AMERICAN DREAM OF HAVING THEIR OWN BUSINESS. THESE BUSINESSES CREATE JOBS FOR THE COMMUNITY. THIS VISION EXTENDS TO CREATING AN ENTREPRENEURIAL CULTURE HERE IN SOUTHWEST TENNESSEE. ENTREPRENEURSHIP CAN DO MORE THAN JUST CREATE JOBS; IT CAN CREATE NEW WAYS TO ADDRESS THE CHALLENGES THAT RESIDE IN OUR COMMUNITY. OUR MISSION IS TO CONNECT ENTREPRENEURS WITH THE CRITICAL RESOURCES THEY NEED TO CREATE, BUILD AND GROW THEIR BUSINESSES. THESE CRITICAL RESOURCES ARE EXPERIENCED MENTORS, CAPITAL, TRAINING, KNOWLEDGE AND A SUPPORTIVE COMMUNITY. AND, IN HELPING ENTREPRENEURS, WE HELP CREATE JOBS FOR OUR COMMUNITY. WE ALSO PROVIDE EDUCATION RELATED-SUPPORT TO AREA HIGH SCHOOL STUDENTS THROUGH THE CODE ACADEMY PROVIDING INSTRUCTION IN COMPUTER CODING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEER MENTORS FOR STUDENTS AND EMERGING ENTREPRENEURS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO UNRELATED BUSINESS INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPY OF 990 MADE AVAILABLE TO BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEWED AND APPROVED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING - R&D 75,000 0 0 OTHER MANAGEMENT 10,957 2,004 401
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt098700
IRS990/TotalAssetsEOYAmt0958327
IRS990/TotalAssetsGrp/BOYAmt098700
IRS990/TotalAssetsGrp/EOYAmt0958327
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01222071
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07036
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040351
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0337465
IRS990/TotalFunctionalExpensesGrp/TotalAmt0384852
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016279
IRS990/TotalLiabilitiesEOYAmt025074
IRS990/TotalLiabilitiesGrp/BOYAmt016279
IRS990/TotalLiabilitiesGrp/EOYAmt025074
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt082421
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0933253
IRS990/TotalProgramServiceExpensesAmt0337465
IRS990/TotalProgramServiceRevenueAmt013311
IRS990/TotalRevenueGrp/ExclusionAmt0300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013313
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01235684
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt098700
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0958327
IRS990/TravelGrp/ManagementAndGeneralAmt01036
IRS990/TravelGrp/ProgramServicesAmt09327
IRS990/TravelGrp/TotalAmt010363
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt082421
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0933253
IRS990/USAddress/AddressLine1Txt0541 WILEY PARKER RD
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038305
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.ATTHECO.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HEWITT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07315545555
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ENTREPRENEUR DEVELOPMENT CENTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0- SOUTHWEST TENNESSEE
ReturnHeader/Filer/BusinessNameControlTxt0ENTR
ReturnHeader/Filer/EIN0455186181
ReturnHeader/Filer/PhoneNum07315545555
ReturnHeader/Filer/USAddress/AddressLine1Txt0541 WILEY PARKER RD
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038305
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621110839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER THOMPSON ARNOLD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 OIL WELL RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038305
ReturnHeader/PreparerPersonGrp/PhoneNum07314278571
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL M HEWITT
ReturnHeader/ReturnTs02015-11-16T15:46:26-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.92$1.07$0.16
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.14$0.80$0.65$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$0.64$0.61$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.01$0.90$0.61$0.75$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.32$0.28$1.04$0.72$0.87$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.37$1.14$0.93$1.20$0.28
2019Detailed filing. Detailed filing data is available for this year.$1.66$0.30$1.36$1.60$1.47$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.32$1.18$1.50$1.22$0.29
2017Summary only. Only limited summary data is available for this year.$0.91$0.01$0.90$0.17$0.19$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.08$0.92$0.60$0.62$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$0.38$0.38$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.03$0.93$1.24$0.38$0.85
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.38$0.31$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.08$0.00$0.14$0.13$0.00