Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Sto Corporation
EIN 58-1356348 • 501(c)2 • Murfreesboro, TN
Profile
To hold title to real property for the purpose of leasing to a college fraternity at tn tech university.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Balance Sheet
Assets
Up$105,198
Up $21,732 (+26%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$105,198
Up $21,732 (+26%) from 2021
Revenue
Down$47,757
Down $13,812 (-22%) from 2021
Expenses
Down$26,025
Down $12,387 (-32%) from 2021
Net Income
Down$21,732
Down $1,425 (-6.2%) from 2021
Trend Graphs
Filings
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $105,198
- Liabilities
- -
- Net assets
- $105,198
- Revenue
- $47,757
- Expenses
- $26,025
- Net income
- $21,732
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2022Detailed filing. Detailed filing data is available for this year. | $1.05 | $1.05 | $0.48 | $0.26 | $0.22 | |
| 2021Detailed filing. Detailed filing data is available for this year. | $0.83 | $0.83 | $0.62 | $0.38 | $0.23 | |
| 2020Detailed filing. Detailed filing data is available for this year. | $0.65 | $0.04 | $0.60 | $1.33 | $0.45 | $0.88 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 6, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $47,834
Mission and Program Overview
Mission
To hold title to real property for the purpose of leasing to a college fraternity at tn tech university.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO RECEIVE, ACCUMULATE AND EXPEND FUNDS FOR THE UPKEEP AND MAINTENANCE OF A COLLEGE FRATERNITY HOUSE AT TN TECH UNIVERSITY. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAY GRANNIS | President | - | $0 | - | - |
| KEITH TROUT | Secretary | - | $0 | - | - |
| JIM HEARN | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sto Corporation
- EIN
- 58-1356348
- Phone
- 6158951040
- Address
- 2033 VERANDA PL, MURFREESBORO, TN 37130
Signing Officer
- Name
- Jay Grannis
- Title
- President
- Phone
- 6158951040
- Signed
- 2023-11-06
Preparer
- Firm
- Grannis & Associates Pc
- Address
- 515 W BURTON ST, MURFREESBORO, TN 37130-3549
- Preparer
- Jay Grannis CPA
- Phone
- 6158951040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Expense sharing - work week 750 tn delta schol assess - webs 750 total 1,500”
Form 990-ez, Part I, Line 16
“Expenses hvac maintenance 148 security monitoring 480 landscaping - lawn care 1,096 landscaping - trash haul 600 storage unit 900 repairs & maintenance 786 fundraising program 6,000 web site 1,080 taxes - real estate 2,837 insurance 733 corporate annual report 20 house supplies - misc 245 email blast 100 bank fees/wire fees 55 work week - ww food 135 work week - work week sup 294 house improve - painting 271 utilities 237 mailing - other 429 office expense 99 non-investment depreciation 9,480 total 26,025”
Form 990-ez, Part II, Line 24
“Various fixed assets 186,307 251,479 less accumulated depreciation 133,450 171,511 total 52,857 79,968”
Form 990-ez, Part III
“To hold title to real property for the purpose of leasing to a college fraternity at tn tech university.”
Raw XML Appendix111 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JAY GRANNIS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6158951040 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2033 VERNADA PL |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MURFREESBORO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37130 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 9098 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10230 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 22690 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 77 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21732 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 83466 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 105198 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | -77 |
| IRS990EZ/GrossReceiptsAmt | 0 | 47834 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 21511 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 15000 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 83466 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 105198 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 83466 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 105198 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAY GRANNIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KEITH TROUT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JIM HEARN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 52857 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 79968 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 26025 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1500 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO HOLD TITLE TO REAL PROPERTY FOR THE PURPOSE OF LEASING TO A COLLEGE FRATERNITY AT TN TECH UNIVERSITY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 23644 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO RECEIVE, ACCUMULATE AND EXPEND FUNDS FOR THE UPKEEP AND MAINTENANCE OF A COLLEGE FRATERNITY HOUSE AT TN TECH UNIVERSITY. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 26025 |
| IRS990EZ/TotalRevenueAmt | 0 | 47757 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSE SHARING - WORK WEEK 750 TN DELTA SCHOL ASSESS - WEBS 750 TOTAL 1,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES HVAC MAINTENANCE 148 SECURITY MONITORING 480 LANDSCAPING - LAWN CARE 1,096 LANDSCAPING - TRASH HAUL 600 STORAGE UNIT 900 REPAIRS & MAINTENANCE 786 FUNDRAISING PROGRAM 6,000 WEB SITE 1,080 TAXES - REAL ESTATE 2,837 INSURANCE 733 CORPORATE ANNUAL REPORT 20 HOUSE SUPPLIES - MISC 245 EMAIL BLAST 100 BANK FEES/WIRE FEES 55 WORK WEEK - WW FOOD 135 WORK WEEK - WORK WEEK SUP 294 HOUSE IMPROVE - PAINTING 271 UTILITIES 237 MAILING - OTHER 429 OFFICE EXPENSE 99 NON-INVESTMENT DEPRECIATION 9,480 TOTAL 26,025 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | VARIOUS FIXED ASSETS 186,307 251,479 LESS ACCUMULATED DEPRECIATION 133,450 171,511 TOTAL 52,857 79,968 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO HOLD TITLE TO REAL PROPERTY FOR THE PURPOSE OF LEASING TO A COLLEGE FRATERNITY AT TN TECH UNIVERSITY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAY GRANNIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6158951040 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | STO CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | STOC |
| ReturnHeader/Filer/EIN | 0 | 581356348 |
| ReturnHeader/Filer/PhoneNum | 0 | 6158951040 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2033 VERANDA PL |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MURFREESBORO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37130 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200188015 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GRANNIS & ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 515 W BURTON ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MURFREESBORO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 371303549 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6158951040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAY GRANNIS CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-06T16:08:15-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JAY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GRANNIS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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