Civic Intelligence

Fifty Plus Racing Foundation Inc.

990 • Fiscal year 2022 • EIN 46-1279633

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileFIFTYPLUSFOUNDATION.COM
801 Broad Street Suite 200Chattanooga, TN 37402

(423) 424-1845

Siviq Scores

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

Liabilities / Assets

99th percentile

3.26x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

3.90x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

6th percentile

-23%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$513,884

Down $155,577 (-23%) from 2021

Net Assets

Up

-$1,162,159

Up $178,380 (+13%) from 2021

Liabilities

Down

$1,676,043

Down $333,957 (-17%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin86th percentile

Revenue

Up

$429,786

Up $1,755,925 (+132%) from 2021

Expenses

Up

$251,406

Up $204,663 (+438%) from 2021

Net Income

Up

$178,380

Up $1,551,262 (+113%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2013: $89,278Liabilities 2013: $67,105Net Assets 2013: $22,1732013Assets 2014: $9,861Liabilities 2014: $37,440Net Assets 2014: -$27,5792014Assets 2015: $45,833Liabilities 2015: $132,400Net Assets 2015: -$86,5672015Assets 2016: $172,472Liabilities 2016: $0Net Assets 2016: $172,4722016Assets 2017: $77,282Liabilities 2017: $0Net Assets 2017: $77,2822017Assets 2018: $77,173Liabilities 2018: $0Net Assets 2018: $77,1732018Assets 2019: $28,763Liabilities 2019: $860Net Assets 2019: $27,9032019Assets 2020: $33,202Liabilities 2020: $1,496Net Assets 2020: $31,7062020Assets 2021: $669,461Liabilities 2021: $2,010,000Net Assets 2021: -$1,340,5392021Assets 2022: $513,884Liabilities 2022: $1,676,043Net Assets 2022: -$1,162,1592022Assets 2023: $322,505Liabilities 2023: $1,650,031Net Assets 2023: -$1,327,5262023Assets 2024: $298,161Liabilities 2024: $1,357,860Net Assets 2024: -$1,059,6992024

Highlighted filing

2022

Assets$513,884
Liabilities$1,676,043
Net Assets-$1,162,159
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$500K$0-$500K-$1.0M-$1.5MRevenue 2013: $98,868Expenses 2013: $87,126Net Income 2013: $11,7422013Revenue 2014: $337,940Expenses 2014: $387,692Net Income 2014: -$49,7522014Revenue 2015: $272,872Expenses 2015: $331,549Net Income 2015: -$58,6772015Revenue 2016: $278,872Expenses 2016: $19,833Net Income 2016: $259,0392016Revenue 2017: $9,666Expenses 2017: $104,856Net Income 2017: -$95,1902017Revenue 2018: $1,805Expenses 2018: $1,394Net Income 2018: $4112018Revenue 2019: -$47,461Expenses 2019: $1,809Net Income 2019: -$49,2702019Revenue 2020: $9,181Expenses 2020: $5,378Net Income 2020: $3,8032020Revenue 2021: -$1,326,139Expenses 2021: $46,743Net Income 2021: -$1,372,8822021Revenue 2022: $429,786Expenses 2022: $251,406Net Income 2022: $178,3802022Revenue 2023: $97,330Expenses 2023: $262,697Net Income 2023: -$165,3672023Revenue 2024: $370,114Expenses 2024: $168,186Net Income 2024: $201,9282024

Highlighted filing

2022

Revenue$429,786
Expenses$251,406
Net Income$178,380
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$3,724,440
Mission and Program Overview

Mission

Engaging in the promotion of public awareness and education of improved methods in the diagnosis, treatment and cure of alzheimer's disease and other dementia disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$566,335$482,433▼ $83,902
Cash and Non-Interest-Bearing Accounts$103,126$31,451▼ $71,675
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-1,340,539$-1,162,159▲ $178,380
Total Assets$669,461$513,884▼ $155,577
Liabilities
Other Liabilities$2,010,000$1,676,043▼ $333,957
Total Liabilities$2,010,000$1,676,043▼ $333,957
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,340,539$-1,162,159▲ $178,380
Total Liabilities and Net Assets / Fund Balance$669,461$513,884▼ $155,577

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$482,433$104,877-
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
P Byron DefoorPresident
Ember SouchetAssistant Treasurer
Barry RaySecretary
Craig TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,115,791
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-2,686,005
All Other Contributions
$2,279,805
Change in Net Assets
$178,380

Audited Revenue Reconciliation

Revenue per Audited Statements
$429,786
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,294,654
Total Revenue per Audited Statements
$3,724,440
Total Revenue per Form 990
$429,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,406
Grants and Similar Amounts Paid$30,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$56,350$56,350-$112,700
Depreciation Depletion$41,951$41,950-$83,901
Grants to Domestic Orgs$30,000--$30,000
Fees for Services Accounting$10,550$10,550-$21,100
Travel$93$93-$186
Other Expenses$51$51-$102
All Other Expenses$24$23-$47
Total Functional Expenses$140,705$110,701$0$251,406

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,546,060
Expenses Not Reported on Form 990$3,294,654
Expenses per Audited Statements$251,406
Total Expenses per Form 990$251,406
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Neuroscience Innovation FoundationChattanooga, TN501(c)(3)To Support Non-profit Organization Related to Cause of Organization.$20,000
Chi Memorial FoundationChattanooga, TN501(c)(3)To Support Non-profit Organization Related to Cause of Organization.$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,294,654
Fundraising Gross Income$608,649
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chattanooga Motorcar Festival$1,444,635$608,649$2,791,605$-2,182,956
Total Events$1,444,635$608,649$3,294,654$-2,686,005
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
P Byron DefoorPresident of OrganizationHotel Spaces Rented and Consulting Services Provided by Companies Owned by P. Byron Defoor.No$31,266
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable - Commercial Bank$1,622,663
Overdraft Bank$53,380
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
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“All members are partners in related partnerships.”

Form 990, Part VI, Section B, Line 11B

“Form 990 was reviewed by the board before filing.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Fifty Plus Foundation Inc
EIN
46-1279633
Phone
4234241845
Address
801 BROAD STREET SUITE 200, CHATTANOOGA, TN 37402

Signing Officer

Name
Craig Taylor
Title
Treasurer
Phone
4234241845
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
P Byron Defoor
Formed
2012
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1200 MARKET STREET, CHATTANOOGA, TN 37402
Preparer
Brian D Miller CPA
Phone
4237567771
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising direct expenses netted with revenue on 990 3,294,654.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising direct expenses netted with revenue on 990 3,294,654.”

Raw XML AppendixShowing 400 of 432 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.

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE FIFTY PLUS RACING FOUNDATION HAS IN THE PAST MET THE PUBLIC SUPPORT TEST, BUT IN THE CURRENT AND PRIOR YEAR, THE AMOUNT OF CONTRIBUTIONS RECEIVED FROM THE PUBLIC HAS DECREASED DUE TO THE COVID-19 PANDEMIC. IN 2019, THE FOUNDATION BEGAN A NEW MAJOR, ANNUAL FUNDRAISING ENDEAVOR WITH THE CHATTANOOGA MOTORCAR FESTIVAL. DUE TO THE PANDEMIC, THE EVENT WAS CANCELED IN 2020, RESULTING IN A LOWER THAN USUAL AMOUNT OF PUBLIC SUPPORT. IN 2021 AND 2022, THE ORGANIZATION RECEIVED ITS PUBLIC SUPPORT FROM EVENT SPONSORSHIP FROM NUMEROUS UNRELATED INDIVIDUAL DONORS AND FUNDRAISING EVENT TICKET SALES FROM NUMEROUS UNRELATED MEMBERS OF THE PUBLIC. PRE-PANDEMIC, THE PUBLIC SUPPORT AMOUNTS WERE OVER 50%.THE PUBLIC SUPPORT PERCENTAGE IS EXPECTED TO RISE AGAIN IN FUTURE YEARS AS SOLICITATION OF CONTRIBUTIONS FROM THE PUBLIC INCREASE AS THE AREA RECOVERS FROM THE COVID-19 PANDEMIC AND THE FUNDRAISER BECOMES MORE ESTABLISHED. THE ORGANIZATION IS ALSO WORKING TO PARTNER WITH THE CITY OF CHATTANOOGA'S TOURISM PROGRAM AND OTHER CITY PROGRAMS TO DRAW AWARENESS TO THE FOUNDATION AND EVENT, AS WELL AS HIRING A PROFESSIONAL EVENT COMPANY TO OBTAIN ADDITIONAL AND LARGER SPONSORSHIPS AND DONATIONS TO THE FOUNDATION GOING FORWARD.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt077527
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt087549
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0165076
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0310108
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0350195
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0660303
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt0300
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt046298
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt046598
IRS990ScheduleC/GrassrootsCeilingAmt0247614
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt077527
IRS990ScheduleC/LobbyingCeilingAmt0990455
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0310108
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt03201854
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0LOBBYING TENNESSEE LEGISLATURE TO PASS LEGISLATION REGARDING ANTIQUE VEHICLE AUCTIONS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt0300
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt03202154
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt0300
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0482433
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0104877
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0587310
IRS990ScheduleD/ExpensesNotReportedAmt03294654
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0251406
IRS990ScheduleD/OtherExpensesIncludedAmt03294654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01622663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt153380
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE - COMMERCIAL BANK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OVERDRAFT BANK
IRS990ScheduleD/OtherRevenueAmt03294654
IRS990ScheduleD/RevenueNotReportedAmt03294654
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0429786
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING DIRECT EXPENSES NETTED WITH REVENUE ON 990 3,294,654.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING DIRECT EXPENSES NETTED WITH REVENUE ON 990 3,294,654.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0482433
IRS990ScheduleD/TotalExpensesPerForm990Amt0251406
IRS990ScheduleD/TotalLiabilityAmt01676043
IRS990ScheduleD/TotalRevenuePerForm990Amt0429786
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03724440
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03546060
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0835986
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0835986
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03294654
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04300
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04300
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHATTANOOGA MOTORCAR FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08957
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01444635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01444635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0608649
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0608649
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2686005
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt021218
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt021218
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02791605
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02791605
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0468574
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0468574
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT NON-PROFIT ORGANIZATION RELATED TO CAUSE OF ORGANIZATION.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT NON-PROFIT ORGANIZATION RELATED TO CAUSE OF ORGANIZATION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEUROSCIENCE INNOVATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CHI MEMORIAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0851657300
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0725 GLENWOOD DRIVE ROOM 880-A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12525 DESALES AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHATTANOOGA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CHATTANOOGA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037404
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd137404
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0P BYRON DEFOOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT OF ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt031266
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0HOTEL SPACES RENTED AND CONSULTING SERVICES PROVIDED BY COMPANIES OWNED BY P. BYRON DEFOOR.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS ARE PARTNERS IN RELATED PARTNERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS REVIEWED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0669461
IRS990/TotalAssetsEOYAmt0513884
IRS990/TotalAssetsGrp/BOYAmt0669461
IRS990/TotalAssetsGrp/EOYAmt0513884
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03115791
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0110701
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140705
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251406
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02010000
IRS990/TotalLiabilitiesEOYAmt01676043
IRS990/TotalLiabilitiesGrp/BOYAmt02010000
IRS990/TotalLiabilitiesGrp/EOYAmt01676043
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1340539
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1162159
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0140705
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-2686005
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0429786
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0669461
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0513884
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt093
IRS990/TravelGrp/ProgramServicesAmt093
IRS990/TravelGrp/TotalAmt0186
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0801 BROAD STREET SUITE 200
IRS990/USAddress/CityNm0CHATTANOOGA
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037402
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0FIFTYPLUSFOUNDATION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$513,884
Liabilities
$1,676,043
Net assets
-$1,162,159
Revenue
$429,786
Expenses
$251,406
Net income
$178,380
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$1.36$1.06$0.37$0.17$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.32$1.65$1.33$0.10$0.26$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.51$1.68$1.16$0.43$0.25$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.67$2.01$1.34$1.33$0.05$1.37
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.01$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.05$0.00$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.01$0.10$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.28$0.02$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.13$0.09$0.27$0.33$0.06
2014Summary only. Only limited summary data is available for this year.$0.01$0.04$0.03$0.34$0.39$0.05
2013Summary only. Only limited summary data is available for this year.$0.09$0.07$0.02$0.10$0.09$0.01