Civic Intelligence

Nashville Notes Inc.

990EZ • Fiscal year 2021 • EIN 46-1890586

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 16, 2022

PO Box 680102Franklin, TN 37068

(615) 478-0850

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

63rd percentile

18%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

80th percentile

$6,506

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

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

Asset Growth

69th percentile

25%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

80th percentile

68%

Faster revenue growth than 80% of similar nonprofits.

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

Assets

Up

$44,436

Up $8,811 (+25%) from 2020

Net Assets

Up

$44,436

Up $8,811 (+25%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$47,791

Up $19,282 (+68%) from 2020

Expenses

Down

$38,980

Down $14,679 (-27%) from 2020

Net Income

Up

$8,811

Up $33,961 (+135%) from 2020

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2015: $26,275Liabilities 2015: $0Net Assets 2015: $26,2752015Assets 2016: $25,633Liabilities 2016: $0Net Assets 2016: $25,6332016Assets 2017: $39,434Liabilities 2017: $0Net Assets 2017: $39,4342017Assets 2018: $52,434Liabilities 2018: $0Net Assets 2018: $52,4342018Assets 2019: $60,775Liabilities 2019: $0Net Assets 2019: $60,7752019Assets 2020: $35,625Liabilities 2020: $0Net Assets 2020: $35,6252020Assets 2021: $44,436Liabilities 2021: $0Net Assets 2021: $44,4362021Assets 2022: $56,501Liabilities 2022: $0Net Assets 2022: $56,5012022Assets 2023: $52,984Liabilities 2023: $0Net Assets 2023: $52,9842023Assets 2024: $60,159Liabilities 2024: $0Net Assets 2024: $60,1592024

Highlighted filing

2021

Assets$44,436
Liabilities$0
Net Assets$44,436

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $58,109Expenses 2015: $37,985Net Income 2015: $20,1242015Revenue 2016: $62,511Expenses 2016: $63,153Net Income 2016: -$6422016Revenue 2017: $70,414Expenses 2017: $56,613Net Income 2017: $13,8012017Revenue 2018: $83,334Expenses 2018: $70,334Net Income 2018: $13,0002018Revenue 2019: $83,908Expenses 2019: $75,567Net Income 2019: $8,3412019Revenue 2020: $28,509Expenses 2020: $53,659Net Income 2020: -$25,1502020Revenue 2021: $47,791Expenses 2021: $38,980Net Income 2021: $8,8112021Revenue 2022: $70,610Expenses 2022: $58,545Net Income 2022: $12,0652022Revenue 2023: $49,002Expenses 2023: $52,519Net Income 2023: -$3,5172023Revenue 2024: $66,511Expenses 2024: $59,336Net Income 2024: $7,1752024

Highlighted filing

2021

Revenue$47,791
Expenses$38,980
Net Income$8,811
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 16, 2022
Return Version
2021v4.2
Gross Receipts
$47,791
Mission and Program Overview

Mission

The organization provides musical opportunities to homeschool children in the nashville, tn area allowing students to participate in bands, concerts, ensembles, and academic classes.

Program Services

DescriptionGrantsExpenses
PROMOTE MUSIC EDUCATION OPPORTUNITIES FOR HOMESCHOOLED STUDENTS$0$34,211
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROLAND BARBERDirectorPT$6,506-$6,506
JODIE PARKERSecretary/AdministratorPT$2,000-$2,000
MEAGAN ROBERTSTreasurerPT$1,500-$1,500
SHOLEEN WUESTPresident/DirectorPT$600-$600
JIM COWANDirectorPT$0--
JEAN MILLERDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Nashville Notes Inc
EIN
46-1890586
Phone
6154780850
Address
PO BOX 680102, FRANKLIN, TN 37068

Signing Officer

Name
Sholeen Wuest
Title
President/director
Phone
6154780850
Signed
2022-06-16
Discuss with paid preparer
Yes

Preparer

Firm
Dempsey Vantrease & Follis Pllc
Address
630 S CHURCH ST STE 300, MURFREESBORO, TN 37130-9409
Preparer
Kris Parkhurst CPA
Phone
6158936666
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 40. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 40.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 3.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 258. Description: other expenses. Amount: 2,325. Total to form 990-ez, line 14: 2,583.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 572. Description: office/administration. Amount: 227. Description: advertising. Amount: 105. Description: taxes/fees. Amount: 110. Description: class materials. Amount: 1,044. Description: competition fees. Amount: 610. Description: awards. Amount: 97. Description: supplies. Amount: 563. Description: dues and subscriptions. Amount: 290. Description: interest expense. Amount: 21. Description: repairs and maintenance. Amount: 642. Description: event costs. Amount: 255. Total to form 990-ez, line 16: 4,536.

Raw XML Appendix194 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHOLEEN WUEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIM COWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JODIE PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MEAGAN ROBERTS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEAN MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/ADMINISTRATOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04536
IRS990EZ/OtherRevenueTotalAmt03
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION PROVIDES MUSICAL OPPORTUNITIES TO HOMESCHOOL CHILDREN IN THE NASHVILLE, TN AREA ALLOWING STUDENTS TO PARTICIPATE IN BANDS, CONCERTS, ENSEMBLES, AND ACADEMIC CLASSES.
IRS990EZ/PrintingPublicationsPostageAmt01854
IRS990EZ/ProgramServiceRevenueAmt041229
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE MUSIC EDUCATION OPPORTUNITIES FOR HOMESCHOOLED STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034211
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/WebsiteAddressTxt0WWW.NASHVILLENOTES.ORG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 40. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 40.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INTEREST INCOME. AMOUNT: 3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 258. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,325. TOTAL TO FORM 990-EZ, LINE 14: 2,583.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INSURANCE. AMOUNT: 572. DESCRIPTION: OFFICE/ADMINISTRATION. AMOUNT: 227. DESCRIPTION: ADVERTISING. AMOUNT: 105. DESCRIPTION: TAXES/FEES. AMOUNT: 110. DESCRIPTION: CLASS MATERIALS. AMOUNT: 1,044. DESCRIPTION: COMPETITION FEES. AMOUNT: 610. DESCRIPTION: AWARDS. AMOUNT: 97. DESCRIPTION: SUPPLIES. AMOUNT: 563. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 290. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 21. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 642. DESCRIPTION: EVENT COSTS. AMOUNT: 255. TOTAL TO FORM 990-EZ, LINE 16: 4,536.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHOLEEN WUEST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06154780850
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NASHVILLE NOTES INC
ReturnHeader/Filer/BusinessNameControlTxt0NASH
ReturnHeader/Filer/EIN0461890586
ReturnHeader/Filer/PhoneNum06154780850
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 680102
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037068
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621736974
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEMPSEY VANTREASE & FOLLIS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0630 S CHURCH ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MURFREESBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0371309409
ReturnHeader/PreparerPersonGrp/PhoneNum06158936666
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRIS PARKHURST CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-06-21T15:06:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHOLEEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WUEST
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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