Civic Intelligence

The Josephine Circle Inc

990 • Fiscal year 2017 • EIN 58-1314549

Jun 01, 2016 to May 31, 2017 • Filed on Oct 10, 2017

PO Box 381394Germantown, TN 38183-1394

(901) 757-1541

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

49th percentile

3.0%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

40th percentile

0.1%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$695,148

Up $674 (+0.1%) from 2016

Net Assets

Up

$695,148

Up $674 (+0.1%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$22,589

Down $5,493 (-20%) from 2016

Expenses

Up

$21,915

Up $4,804 (+28%) from 2016

Net Income

Down

$674

Down $10,297 (-94%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $628,228Liabilities 2010: $0Net Assets 2010: $628,2282010Assets 2011: $639,968Liabilities 2011: $0Net Assets 2011: $639,9682011Assets 2012: $651,298Liabilities 2012: $0Net Assets 2012: $651,2982012Assets 2013: $652,844Liabilities 2013: $0Net Assets 2013: $652,8442013Assets 2014: $677,570Liabilities 2014: $0Net Assets 2014: $677,5702014Assets 2015: $683,503Liabilities 2015: $0Net Assets 2015: $683,5032015Assets 2016: $694,474Liabilities 2016: $0Net Assets 2016: $694,4742016Assets 2017: $695,148Liabilities 2017: $0Net Assets 2017: $695,1482017Assets 2018: $710,085Liabilities 2018: $0Net Assets 2018: $710,0852018Assets 2019: $707,118Liabilities 2019: $0Net Assets 2019: $707,1182019Assets 2020: $731,323Liabilities 2020: $0Net Assets 2020: $731,3232020Assets 2021: $730,129Liabilities 2021: $0Net Assets 2021: $730,1292021Assets 2022: $733,052Liabilities 2022: $0Net Assets 2022: $733,0522022Assets 2023: $543,474Liabilities 2023: $0Net Assets 2023: $543,4742023Assets 2024: $553,162Liabilities 2024: $0Net Assets 2024: $553,1622024Assets 2025: $467,029Liabilities 2025: $0Net Assets 2025: $467,0292025

Highlighted filing

2017

Assets$695,148
Liabilities$0
Net Assets$695,148

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $14,7642010Expenses 2011: $20,4212011Revenue 2012: $25,787Expenses 2012: $14,457Net Income 2012: $11,3302012Expenses 2013: $16,5762013Revenue 2014: $43,491Expenses 2014: $18,765Net Income 2014: $24,7262014Revenue 2015: $23,570Expenses 2015: $17,637Net Income 2015: $5,9332015Revenue 2016: $28,082Expenses 2016: $17,111Net Income 2016: $10,9712016Revenue 2017: $22,589Expenses 2017: $21,915Net Income 2017: $6742017Revenue 2018: $38,274Expenses 2018: $23,337Net Income 2018: $14,9372018Revenue 2019: $18,157Expenses 2019: $21,124Net Income 2019: -$2,9672019Revenue 2020: $42,798Expenses 2020: $18,593Net Income 2020: $24,2052020Revenue 2021: $14,230Expenses 2021: $15,424Net Income 2021: -$1,1942021Revenue 2022: $22,580Expenses 2022: $19,657Net Income 2022: $2,9232022Revenue 2023: $25,429Expenses 2023: $215,007Net Income 2023: -$189,5782023Revenue 2024: $19,698Expenses 2024: $9,875Net Income 2024: $9,8232024Revenue 2025: $16,147Expenses 2025: $111,524Net Income 2025: -$95,3772025

Highlighted filing

2017

Revenue$22,589
Expenses$21,915
Net Income$674
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Oct 10, 2017
Return Version
2016v3.0
Gross Receipts
$61,088
Mission and Program Overview

Mission

The organization is dedicated exclusively to helping provide higher education to deserving young men and women in the fields of education, business, and medicine. The loans and scholarships awarded by the organization allow needy students to continue their studies while facing financial hardships.

Provide student scholarships & loans

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$694,474$695,148▲ $674
Other Notes and Loans Receivable, Net$351,023$353,985▲ $2,962
Savings and Temporary Cash Investments$285,122$285,511▲ $389
Cash and Non-Interest-Bearing Accounts$58,329$55,652▼ $2,677
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$694,474$695,148▲ $674
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$694,474$695,148▲ $674
Total Liabilities and Net Assets / Fund Balance$694,474$695,148▲ $674
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brenda WestPresident
Patti RussellVice President
Anita MarberryBoard Member
Annette PooleBoard Member
Gail KreunenBoard Member
Judy H AdkinsBoard Member
Kathy SmithBoard Member
Lee LindsayBoard Member
Linda AshmoreBoard Member
Linda PhotopulosBoard Member
Marsha CayceBoard Member
Mary Pat CusterBoard Member
Mary Shaw SchulteBoard Member
Pat MassengillBoard Member
Pat MccalebBoard Member
Paula StackBoard Member
Phyllis AgnewBoard Member
Rita LabovitzBoard Member
Shirley AndrewsBoard Member
Snookie NewmanBoard Member
Susan HobackBoard Member
Tommie PardueBoard Member
Triociia SepkoBoard Member
Becky BartonCorresponding Secretary
Sue TaylorEx-officio
Carole PruettRecording Secretary
Martha McintoshTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,445
Program Service Revenue
$0
Investment Income
$390
Other Revenue
$18,754
Change in Net Assets
$674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,000
Other Expenses$6,915
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$15,000--$15,000
Fees for Services Accounting-$2,400-$2,400
All Other Expenses-$733-$733
Office Expenses-$381-$381
Other Expenses-$258-$258
Total Functional Expenses$15,000$6,915$0$21,915
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,253
Fundraising Direct Expenses$38,499
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fashion Show$51,798$51,798-$51,798
Total Events$51,798$51,798$28,494$23,304
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
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the 990 is not typically provided to the governing body before it is filed.

Form 990, Part VI, Section C, Line 19

The 990 is made available to the public when it is requested by sending the person a copy.

Filing and Contact Details

Filer

Filer Name
The Josephine Circle Inc
EIN
58-1314549
Phone
9017571541
Address
PO BOX 381394, GERMANTOWN, TN 38183-1394

Signing Officer

Name
Martha Mcintosh
Title
Treasurer
Phone
9017571541
Signed
2017-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha Mcintosh
Formed
1914
Legal Domicile
Tn
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
0

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Caren Creason CPA Cva
Phone
9017613003
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for the compilation and that committee selects the independent accounting firm.

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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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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARTHA MCINTOSH
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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23RECORDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt24CORRESPONDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt25TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt26VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01914
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt038499
IRS990/FundraisingGrossIncomeAmt057253
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt015000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt015000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt015000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt061088
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0390
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0390
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt03445
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS DEDICATED EXCLUSIVELY TO HELPING PROVIDE HIGHER EDUCATION TO DESERVING YOUNG MEN AND WOMEN IN THE FIELDS OF EDUCATION, BUSINESS, AND MEDICINE. THE LOANS AND SCHOLARSHIPS AWARDED BY THE ORGANIZATION ALLOW NEEDY STUDENTS TO CONTINUE THEIR STUDIES WHILE FACING FINANCIAL HARDSHIPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0694474
IRS990/NetAssetsOrFundBalancesEOYAmt0695148
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt018754
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt018754
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0381
IRS990/OfficeExpensesGrp/TotalAmt0381
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0RENT
IRS990/OtherExpensesGrp/Desc1TAXES & LICENSES
IRS990/OtherExpensesGrp/Desc2GIFTS
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02258
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2274
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3258
IRS990/OtherExpensesGrp/TotalAmt02258
IRS990/OtherExpensesGrp/TotalAmt1611
IRS990/OtherExpensesGrp/TotalAmt2274
IRS990/OtherExpensesGrp/TotalAmt3258
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0351023
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0353985
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARTHA MCINTOSH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04445
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt010000
IRS990/PYInvestmentIncomeAmt0375
IRS990/PYOtherExpensesAmt07111
IRS990/PYOtherRevenueAmt023262
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt010971
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt017111
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt028082
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0674
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0694474
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0695148
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0285122
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0285511
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0391
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01869
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90680
IRS990ScheduleA/PublicSupportPY170Pct00.89470
IRS990ScheduleA/PublicSupportTotal170Amt018189
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03599
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018189
IRS990ScheduleA/TotalSupportAmt020058
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028494
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FASHION SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt022819
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt022819
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt051798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051798
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt051798
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023304
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0744
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0744
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04931
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04931
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0UNIVERSITY OF TENNESSEE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.67$0.00$4.67$0.16$1.12$0.95
2024Summary only. Only limited summary data is available for this year.$5.53$0.00$5.53$0.20$0.10$0.10
2023Summary only. Only limited summary data is available for this year.$5.43$0.00$5.43$0.25$2.15$1.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$0.00$7.33$0.23$0.20$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.30$0.00$7.30$0.14$0.15$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$0.00$7.31$0.43$0.19$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.07$0.00$7.07$0.18$0.21$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.10$0.00$7.10$0.38$0.23$0.15
2017Detailed filing. Detailed filing data is available for this year.$6.95$0.00$6.95$0.23$0.22$0.01
2016Summary only. Only limited summary data is available for this year.$6.94$0.00$6.94$0.28$0.17$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.84$0.00$6.84$0.24$0.18$0.06
2014Detailed filing. Detailed filing data is available for this year.$6.78$0.00$6.78$0.43$0.19$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$0.00$6.53$0.17
2012Summary only. Only limited summary data is available for this year.$6.51$0.00$6.51$0.26$0.14$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.40$0.00$6.40$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.00$6.28$0.15