Civic Intelligence

Equal Chance for Education

990 • Fiscal year 2020 • EIN 46-4528066

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 09, 2020

Organization ProfileWWW.EQUALCHANCEFOREDUCATION.COM
3715 West End AveNashville, TN 37205

(615) 218-8585

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

49th percentile

4.9%

Higher net margin than 49% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

59th percentile

$80,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

13th percentile

-5.8%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

25%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$418,120

Down $25,815 (-5.8%) from 2019

Net Assets

Down

$418,120

Down $25,815 (-5.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin49th percentile

Revenue

Up

$1,315,306

Up $262,633 (+25%) from 2019

Expenses

Up

$1,250,591

Up $396,700 (+46%) from 2019

Net Income

Down

$64,715

Down $134,067 (-67%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$600K$400K$200K$0Assets 2015: $6,666Liabilities 2015: $02015Assets 2016: $14,440Liabilities 2016: $0Net Assets 2016: $14,4402016Assets 2017: $228,373Liabilities 2017: $0Net Assets 2017: $228,3732017Assets 2018: $251,027Liabilities 2018: $0Net Assets 2018: $251,0272018Assets 2019: $443,935Liabilities 2019: $0Net Assets 2019: $443,9352019Assets 2020: $418,120Liabilities 2020: $0Net Assets 2020: $418,1202020Assets 2021: $440,595Liabilities 2021: $0Net Assets 2021: $440,5952021Assets 2022: $309,155Liabilities 2022: $162,035Net Assets 2022: $147,1202022Assets 2023: $377,046Liabilities 2023: $25,745Net Assets 2023: $351,3012023Assets 2024: $327,663Liabilities 2024: $14,006Net Assets 2024: $313,6572024

Highlighted filing

2020

Assets$418,120
Liabilities$0
Net Assets$418,120
Open 2020 Filing

Operations Trend

Revenue Growth78th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $112,600Expenses 2015: $105,934Net Income 2015: $6,6662015Revenue 2016: $272,185Expenses 2016: $264,411Net Income 2016: $7,7742016Revenue 2017: $519,594Expenses 2017: $305,661Net Income 2017: $213,9332017Revenue 2018: $550,667Expenses 2018: $528,013Net Income 2018: $22,6542018Revenue 2019: $1,052,673Expenses 2019: $853,891Net Income 2019: $198,7822019Revenue 2020: $1,315,306Expenses 2020: $1,250,591Net Income 2020: $64,7152020Revenue 2021: $1,649,948Expenses 2021: $1,627,473Net Income 2021: $22,4752021Revenue 2022: $1,797,877Expenses 2022: $1,830,352Net Income 2022: -$32,4752022Revenue 2023: $2,020,161Expenses 2023: $1,815,980Net Income 2023: $204,1812023Revenue 2024: $1,673,338Expenses 2024: $1,712,482Net Income 2024: -$39,1442024

Highlighted filing

2020

Revenue$1,315,306
Expenses$1,250,591
Net Income$64,715
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 9, 2020
Return Version
2019v5.0
Gross Receipts
$1,315,306
Mission and Program Overview

Mission

Our goal is to provide an equal opportunity to achieve the american dream through the completion of a college education by providing direct payment scholarships to education institutions.

Provide tuition assistance to qualified college students in the form of direct payment scholarships to educational institutions

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$353,405$418,120▲ $64,715
Rtn Earn Endowment Incm Other Fnds$353,405$418,120▲ $64,715
Total Assets$353,405$418,120▲ $64,715
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$353,405$418,120▲ $64,715
Total Liabilities and Net Assets / Fund Balance$353,405$418,120▲ $64,715
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Molly HaynesExecutive DiFT$80,000$80,000

Board Members and Trustees

NameTitle
Michael J Spalding MdPresident
Andre Churchwell MdDirector
Carrington FoxDirector
Curt ThorneDirector
David Thombs MdDirector
Dr Donovan DrakeDirector
Gordon PeermanDirector
Greg DailyDirector
Harvey SperlingDirector
Jason FacioDirector
Jim MunroDirector
Kenyatta LovettDirector
Monica CintadoDirector
Raquel BellamyDirector
Raymond PirtleDirector
Rich RhodaDirector
Rod Heller JdDirector
Sam HatcherDirector
Trey LipmanDirector
Trish MunroDirector
Robert C Bone MdSecretary
William B CrenshawTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,312,779
Program Service Revenue
$0
Investment Income
$2,527
Other Revenue
$0
All Other Contributions
$1,312,779
Change in Net Assets
$64,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,121,369
Salaries, Compensation, and Employee Benefits$87,035
Other Expenses$42,187
Total Fundraising Expense$39,061
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,121,369--$1,121,369
Current Officers, Directors, Trustees, and Key Employees$32,000$16,000$32,000$80,000
Payroll Taxes$2,814$1,407$2,814$7,035
Fees for Services Legal-$6,250-$6,250
Travel$1,064-$1,323$2,387
Office Expenses-$1,558-$1,558
Other Expenses$8,390$984$2,924$984
All Other Expenses-$928-$928
Total Functional Expenses$1,182,720$28,810$39,061$1,250,591
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
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 2

“Michael spalding, md william crenshaw president treasurer family relationship”

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

“Form 990 is thoroughly reviewed by president and chairman, executive director, and treasurer and is shared with the entire board for review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“The documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Equal Chance for Education
EIN
46-4528066
Phone
6152188585
Address
3715 WEST END AVE, NASHVILLE, TN 37205

Signing Officer

Name
Molly Haynes
Title
Executive Director
Phone
6152188585
Signed
2020-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Spalding Md
Formed
2014
Legal Domicile
Tn
Voting Board Members
22
Independent Board Members
21
Employees
1
Volunteers
246

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Jan Kolb CPA
Phone
6153733771
Raw XML AppendixShowing 400 of 452 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE TUITION ASSISTANCE TO QUALIFIED COLLEGE STUDENTS IN THE FORM OF DIRECT PAYMENT SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS
IRS990/AllOtherContributionsAmt01312779
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0928
IRS990/AllOtherExpensesGrp/TotalAmt0928
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0WILLIAM B CRENSHAW
IRS990/BooksInCareOfDetail/PhoneNum06152188585
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03715 WEST END AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037205
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0353405
IRS990/CashNonInterestBearingGrp/EOYAmt0418120
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt032000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt016000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt032000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01312779
IRS990/CYGrantsAndSimilarPaidAmt01121369
IRS990/CYInvestmentIncomeAmt02527
IRS990/CYOtherExpensesAmt042187
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt064715
IRS990/CYSalariesCompEmpBnftPaidAmt087035
IRS990/CYTotalExpensesAmt01250591
IRS990/CYTotalFundraisingExpenseAmt039061
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01315306
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDING DIRECT TUITION ASSISTANCE TO 235 STUDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01182720
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06250
IRS990/FeesForServicesLegalGrp/TotalAmt06250
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0MOLLY HAYNES
IRS990/Form990PartVIISectionAGrp/PersonNm1RAQUEL BELLAMY
IRS990/Form990PartVIISectionAGrp/PersonNm2MONICA CINTADO
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM B CRENSHAW
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG DAILY
IRS990/Form990PartVIISectionAGrp/PersonNm5DR DONOVAN DRAKE
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON FACIO
IRS990/Form990PartVIISectionAGrp/PersonNm7CARRINGTON FOX
IRS990/Form990PartVIISectionAGrp/PersonNm8SAM HATCHER
IRS990/Form990PartVIISectionAGrp/PersonNm9ROD HELLER JD
IRS990/Form990PartVIISectionAGrp/PersonNm10TREY LIPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11KENYATTA LOVETT
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL J SPALDING MD
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT C BONE MD
IRS990/Form990PartVIISectionAGrp/PersonNm14ANDRE CHURCHWELL MD
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID THOMBS MD
IRS990/Form990PartVIISectionAGrp/PersonNm16JIM MUNRO
IRS990/Form990PartVIISectionAGrp/PersonNm17TRISH MUNRO
IRS990/Form990PartVIISectionAGrp/PersonNm18GORDON PEERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm19RAYMOND PIRTLE
IRS990/Form990PartVIISectionAGrp/PersonNm20RICH RHODA
IRS990/Form990PartVIISectionAGrp/PersonNm21HARVEY SPERLING
IRS990/Form990PartVIISectionAGrp/PersonNm22CURT THORNE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt080000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantAmt01121369
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01121369
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01121369
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01315306
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02527
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02527
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE TUITION ASSISTANCE TO QUALIFIED COLLEGE STUDENTS IN THE FORM OF DIRECT PAYMENT SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0353405
IRS990/NetAssetsOrFundBalancesEOYAmt0418120
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01558
IRS990/OfficeExpensesGrp/TotalAmt01558
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0STUDENT COVID-19 RELIEF
IRS990/OtherExpensesGrp/Desc1EVENTS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT AND SOFTWARE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt02924
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01683
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1984
IRS990/OtherExpensesGrp/ProgramServicesAmt017083
IRS990/OtherExpensesGrp/ProgramServicesAmt18390
IRS990/OtherExpensesGrp/TotalAmt017083
IRS990/OtherExpensesGrp/TotalAmt111314
IRS990/OtherExpensesGrp/TotalAmt21683
IRS990/OtherExpensesGrp/TotalAmt3984
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02814
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01407
IRS990/PayrollTaxesGrp/ProgramServicesAmt02814
IRS990/PayrollTaxesGrp/TotalAmt07035
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHAEL J SPALDING MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0455761
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0501866
IRS990/PYInvestmentIncomeAmt02410
IRS990/PYOtherExpensesAmt010475
IRS990/PYRevenuesLessExpensesAmt0-90530
IRS990/PYSalariesCompEmpBnftPaidAmt036360
IRS990/PYTotalExpensesAmt0548701
IRS990/PYTotalRevenueAmt0458171
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt064715
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0353405
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0418120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01312779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0455761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01050751
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0550667
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0519594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03889552
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02527
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01922
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06859
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02527
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62510
IRS990ScheduleA/PublicSupportTotal170Amt02435548
IRS990ScheduleA/SubstantialContributorsTotAmt01454004
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01312779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0455761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01050751
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0550667
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0519594
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03889552
IRS990ScheduleA/TotalSupportAmt03896411
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
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01121369
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION/SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0235
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RECORDS MAINTAINED LISTING TUITION/SCHOLARSHIP RECIPIENTS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHAEL SPALDING, MD WILLIAM CRENSHAW PRESIDENT TREASURER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS THOROUGHLY REVIEWED BY PRESIDENT AND CHAIRMAN, EXECUTIVE DIRECTOR, AND TREASURER AND IS SHARED WITH THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0353405
IRS990/TotalAssetsEOYAmt0418120
IRS990/TotalAssetsGrp/BOYAmt0353405
IRS990/TotalAssetsGrp/EOYAmt0418120
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01312779
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039061
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028810
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01182720
IRS990/TotalFunctionalExpensesGrp/TotalAmt01250591
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0353405
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0418120
IRS990/TotalProgramServiceExpensesAmt01182720
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02527
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01315306
IRS990/TotalVolunteersCnt0246

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$418,120
Liabilities
$0
Net assets
$418,120
Revenue
$1,315,306
Expenses
$1,250,591
Net income
$64,715
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.31$1.67$1.71$0.04
2023Summary only. Only limited summary data is available for this year.$0.38$0.03$0.35$2.02$1.82$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.16$0.15$1.80$1.83$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$1.65$1.63$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.32$1.25$0.06
2019Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$1.05$0.85$0.20
2018Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$0.55$0.53$0.02
2017Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.52$0.31$0.21
2016Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.27$0.26$0.01
2015Summary only. Only limited summary data is available for this year.$0.01$0.00$0.11$0.11$0.01