Civic Intelligence

Cumberland Communities Communications Corporation

990 • Fiscal year 2022 • EIN 58-2004387

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 28, 2023

301 S Gay StreetKnoxville, TN 37902

(865) 544-1029

Siviq Scores

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

Liabilities / Assets

80th percentile

0.29x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.25x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

43rd percentile

2.8%

Higher net margin than 43% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$81,201

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

50th percentile

1.7%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

24th percentile

-13%

Faster revenue growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$539,173

Up $9,259 (+1.7%) from 2021

Net Assets

Up

$381,798

Up $11,090 (+3.0%) from 2021

Liabilities

Down

$157,375

Down $1,831 (-1.2%) from 2021

Revenue

Down

$623,170

Down $94,234 (-13%) from 2021

Expenses

Down

$605,875

Down $440 (-0.1%) from 2021

Net Income

Down

$17,295

Down $93,794 (-84%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $175,803Liabilities 2011: $32,538Net Assets 2011: $143,2652011Assets 2012: $132,697Liabilities 2012: $2,395Net Assets 2012: $130,3022012Assets 2013: $126,120Liabilities 2013: $5,369Net Assets 2013: $120,7512013Assets 2014: $228,467Liabilities 2014: $71,278Net Assets 2014: $157,1892014Assets 2015: $237,069Liabilities 2015: $47,224Net Assets 2015: $189,8452015Assets 2016: $234,173Liabilities 2016: $46,321Net Assets 2016: $187,8522016Assets 2017: $207,213Liabilities 2017: $45,779Net Assets 2017: $161,4342017Assets 2018: $218,110Liabilities 2018: $82,515Net Assets 2018: $135,5952018Assets 2019: $239,980Liabilities 2019: $74,654Net Assets 2019: $165,3262019Assets 2020: $316,827Liabilities 2020: $62,481Net Assets 2020: $254,3462020Assets 2021: $529,914Liabilities 2021: $159,206Net Assets 2021: $370,7082021Assets 2022: $539,173Liabilities 2022: $157,375Net Assets 2022: $381,7982022Assets 2023: $512,733Liabilities 2023: $136,575Net Assets 2023: $376,1582023Assets 2024: $708,329Liabilities 2024: $117,594Net Assets 2024: $590,7352024

Highlighted filing

2022

Assets$539,173
Liabilities$157,375
Net Assets$381,798

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $600,605Expenses 2011: $537,525Net Income 2011: $63,0802011Revenue 2012: $657,016Expenses 2012: $669,979Net Income 2012: -$12,9632012Revenue 2013: $684,482Expenses 2013: $694,033Net Income 2013: -$9,5512013Revenue 2014: $768,263Expenses 2014: $731,825Net Income 2014: $36,4382014Revenue 2015: $695,961Expenses 2015: $662,502Net Income 2015: $33,4592015Revenue 2016: $605,278Expenses 2016: $608,053Net Income 2016: -$2,7752016Revenue 2017: $638,834Expenses 2017: $669,301Net Income 2017: -$30,4672017Revenue 2018: $605,364Expenses 2018: $628,526Net Income 2018: -$23,1622018Revenue 2019: $698,063Expenses 2019: $673,008Net Income 2019: $25,0552019Revenue 2020: $648,493Expenses 2020: $564,263Net Income 2020: $84,2302020Revenue 2021: $717,404Expenses 2021: $606,315Net Income 2021: $111,0892021Revenue 2022: $623,170Expenses 2022: $605,875Net Income 2022: $17,2952022Revenue 2023: $632,196Expenses 2023: $642,705Net Income 2023: -$10,5092023Revenue 2024: $962,976Expenses 2024: $751,219Net Income 2024: $211,7572024

Highlighted filing

2022

Revenue$623,170
Expenses$605,875
Net Income$17,295
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 28, 2023
Return Version
2022v5.0
Gross Receipts
$623,170
Mission and Program Overview

Mission

To create and provide content to promote the cultural heritage of east tennessee and the southern appalachian region by entertaining and educating audiences globally with original programs showcasing live radio performance, underrepresented arts, and emerging and local talent.

We create and provide content to promote the cultural heritage of east tennessee and the southern appalachian region by entertaining and educating audiences globally with original programs showcasing live radio performance, underrepresented arts, and emerging local talent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$400,763$427,074▲ $26,311
Land, Buildings, and Equipment, Net$20,251$23,948▲ $3,697
Accounts Receivable$57,174$17,773▼ $39,401
Prepaid Expenses and Deferred Charges$7,386$6,601▼ $785
Total Assets$529,914$539,173▲ $9,259
Other Assets Total$44,340$63,777▲ $19,437
Liabilities
Deferred Revenue$126,138$93,363▼ $32,775
Accounts Payable and Accrued Expenses$33,068$36,562▲ $3,494
Other Liabilities$0$27,450▲ $27,450
Total Liabilities$159,206$157,375▼ $1,831
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$370,708$381,798▲ $11,090
Total Net Assets Fund Balance$370,708$381,798▲ $11,090
Total Liabilities and Net Assets / Fund Balance$529,914$539,173▲ $9,259

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,948$184,167$208,115
Leasehold Improvements$0$6,179$6,179
Other Assets Org$25,642--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$44,340-▼ $6,205-$38,135
2021$39,067-▲ $5,273-$44,340
2020$34,277-▲ $4,790-$39,067
2019$29,601-▲ $4,676-$34,277
2018$32,278-▼ $2,677-$29,601
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tony LawsonGeneral ManagerFT$78,670$2,531$81,201
Don BurggrafSecretary-$1,000-$1,000

Board Members and Trustees

NameTitle
Kathy HamiltonPresident
Scott CarpenterVice President
Terry TurnerVice President
Bill ConnorDirector
Chad YoungbloodDirector
James PayneDirector
Oslo ColeDirector
Rosa MarDirector
Sherry HarrisDirector
Thomas BoydDirector
Amy LawlessDirector - Thru 05/17/22
William AllenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$593,017
Program Service Revenue
$27,677
Investment Income
$239
Other Revenue
$2,237
All Other Contributions
$357,281
Change in Net Assets
$17,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$623,170
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$47,435
Total Revenue per Audited Statements
$670,605
Total Revenue per Form 990
$623,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$427,379
Other Expenses$178,496
Total Fundraising Expense$126,572
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$163,368$40,742$70,981$275,091
Current Officers, Directors, Trustees, and Key Employees$47,802$19,918$11,951$79,671
All Other Expenses$25,328$13,443$9,131$47,902
Other Employee Benefits$28,372$6,407$10,982$45,761
Payroll Taxes$16,113$4,566$6,177$26,856
Fees for Services Accounting-$24,388-$24,388
Other Expenses$17,284-$16,950$16,950
Depreciation Depletion$7,320--$7,320
Insurance-$7,002-$7,002
Travel$4,862--$4,862
Advertising--$400$400
Total Functional Expenses$362,837$116,466$126,572$605,875

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$659,515
Expenses per Audited Statements$605,875
Total Expenses per Form 990$605,875
Expenses Not Reported on Form 990$53,640
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease, Excluding Current Portion$15,979
Operating Lease, Current Portion$11,471
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

The members of the board review the form 990 prior to its filing.

Form 990, Part VI, Section B, Line 12C

All members of the board have been notified that they are to report any potential conflict of interest and to report any suspicion of conflict to other board members.

Form 990, Part VI, Section B, Line 15

All salaries are approved at the board level.

Form 990, Part VI, Section C, Line 19

All governing documents, conflict of interest policy, and financial statements are made available to the public at the main office of wdvx located at 301 south gay street, knoxville, tn 37902.

Filing and Contact Details

Filer

Filer Name
Cumberland Communities Communications
EIN
58-2004387
Phone
8655441029
Address
301 S GAY STREET, KNOXVILLE, TN 37902
Doing Business As
Wdvx

Signing Officer

Name
Willam Allen
Title
Treasurer
Phone
8655441029
Signed
2023-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Allen
Formed
1997
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
17
Volunteers
57

Preparer

Firm
Lbmc Pc
Address
2095 LAKESIDE CENTRE WAY SUITE 220, KNOXVILLE, TN 37922
Preparer
Mayumi Stella
Phone
8656919000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss on endowment investment -6,205.

Form 990, Part XII, Line 2C

The organization does have a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed since prior year.

Financial Statement Notes

PART V, LINE 4:

The endowment fund has been established with east tennessee foundation for the benefit of wdvx within the general charitable purposes of east tennessee foundation as set forth in its governing instruments, as amended from time to time.

PART X, LINE 2:

The organization is exempt from federal income taxes under the provisions of internal revenue code section 501(c)(3), and, accordingly, no provision for income taxes is included in the financial statements. The internal revenue service does not classify the organization as a private foundation. An uncertain tax position is recognized as a benefit only if it is more likely than not that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more likely than not test, no benefit is recorded. The organization has no material uncertain tax positions that qualify for either recognition or disclosure in the financial statements. As of december 31, 2022, the organization has accrued no interest and no penalties related to uncertain tax positions. It is the organization's policy to recognize interest and/or penalties related to income tax matters in income tax expense. The organization files a u.s. Federal nonprofit tax return annually. The organization is currently open to audit under the statute of limitations for a period of three years.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Loss on endowment fund investment -6,205.

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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/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR - THRU 05/17/22
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07002
IRS990/InsuranceGrp/TotalAmt07002
IRS990/InvestmentIncomeGrp/ExclusionAmt0239
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0239
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0190346
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020251
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023948
IRS990/LandBldgEquipCostOrOtherBssAmt0214294
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE AND PROVIDE CONTENT TO PROMOTE THE CULTURAL HERITAGE OF EAST TENNESSEE AND THE SOUTHERN APPALACHIAN REGION BY ENTERTAINING AND EDUCATING AUDIENCES GLOBALLY WITH ORIGINAL PROGRAMS SHOWCASING LIVE RADIO PERFORMANCE, UNDERREPRESENTED ARTS, AND EMERGING AND LOCAL TALENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0370708
IRS990/NetAssetsOrFundBalancesEOYAmt0381798
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02237
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02237
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0370708
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0381798
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt044340
IRS990/OtherAssetsTotalGrp/EOYAmt063777
IRS990/OtherChangesInNetAssetsAmt0-6205
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010982
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028372
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045761
IRS990/OtherExpensesGrp/Desc0WEBCASTING FEES
IRS990/OtherExpensesGrp/Desc1TOWER RENT
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3FUND DRIVE PREMIUMS
IRS990/OtherExpensesGrp/FundraisingAmt016950
IRS990/OtherExpensesGrp/ProgramServicesAmt028026
IRS990/OtherExpensesGrp/ProgramServicesAmt124362
IRS990/OtherExpensesGrp/ProgramServicesAmt217284
IRS990/OtherExpensesGrp/TotalAmt028026
IRS990/OtherExpensesGrp/TotalAmt124362
IRS990/OtherExpensesGrp/TotalAmt217284
IRS990/OtherExpensesGrp/TotalAmt316950
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt027450
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt070981
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040742
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0163368
IRS990/OtherSalariesAndWagesGrp/TotalAmt0275091
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06177
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04566
IRS990/PayrollTaxesGrp/ProgramServicesAmt016113
IRS990/PayrollTaxesGrp/TotalAmt026856
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07386
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06601
IRS990/PrincipalOfficerNm0WILLIAM ALLEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027677
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027677
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0659036
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt079
IRS990/PYOtherExpensesAmt0216012
IRS990/PYOtherRevenueAmt02509
IRS990/PYProgramServiceRevenueAmt055780
IRS990/PYRevenuesLessExpensesAmt0111089
IRS990/PYSalariesCompEmpBnftPaidAmt0390303
IRS990/PYTotalExpensesAmt0606315
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0717404
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt017295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt029914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0593017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0659036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0617422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0585908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0489874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02945257
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0239
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0487
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0337487
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt02945257
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0593017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0659036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0617422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0585908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0489874
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02945257
IRS990ScheduleA/TotalSupportAmt02945744
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt044340
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt038135
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6205
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt039067
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt044340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05273
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt034277
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt039067
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04790
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt029601
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt034277
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04676
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt032278
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt029601
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2677
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt053640
IRS990ScheduleD/DonatedServicesUseFcltsAmt053640
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt023948
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184167
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0208115
IRS990ScheduleD/ExpensesNotReportedAmt053640
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0605875
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06179
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06179
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt038135
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt125642
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EAST TN FOUNDATION ENDOWMENT FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011471
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115979
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE, CURRENT PORTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE, EXCLUDING CURRENT PORTION
IRS990ScheduleD/OtherRevenueAmt0-6205
IRS990ScheduleD/RevenueNotReportedAmt047435
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0623170
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND HAS BEEN ESTABLISHED WITH EAST TENNESSEE FOUNDATION FOR THE BENEFIT OF WDVX WITHIN THE GENERAL CHARITABLE PURPOSES OF EAST TENNESSEE FOUNDATION AS SET FORTH IN ITS GOVERNING INSTRUMENTS, AS AMENDED FROM TIME TO TIME.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE INTERNAL REVENUE SERVICE DOES NOT CLASSIFY THE ORGANIZATION AS A PRIVATE FOUNDATION. AN UNCERTAIN TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE LIKELY THAN NOT TEST, NO BENEFIT IS RECORDED. THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2022, THE ORGANIZATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ORGANIZATION FILES A U.S. FEDERAL NONPROFIT TAX RETURN ANNUALLY. THE ORGANIZATION IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS FOR A PERIOD OF THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON ENDOWMENT FUND INVESTMENT -6,205.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023948
IRS990ScheduleD/TotalBookValueOtherAssetsAmt063777
IRS990ScheduleD/TotalExpensesPerForm990Amt0605875
IRS990ScheduleD/TotalLiabilityAmt027450
IRS990ScheduleD/TotalRevenuePerForm990Amt0623170

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.08$1.18$5.91$9.63$7.51$2.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$1.37$3.76$6.32$6.43$0.11
2022Detailed filing. Detailed filing data is available for this year.$5.39$1.57$3.82$6.23$6.06$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.30$1.59$3.71$7.17$6.06$1.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.62$2.54$6.48$5.64$0.84
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.75$1.65$6.98$6.73$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.83$1.36$6.05$6.29$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.46$1.61$6.39$6.69$0.30
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.46$1.88$6.05$6.08$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.47$1.90$6.96$6.63$0.33
2014Summary only. Only limited summary data is available for this year.$2.28$0.71$1.57$7.68$7.32$0.36
2013Summary only. Only limited summary data is available for this year.$1.26$0.05$1.21$6.84$6.94$0.10
2012Summary only. Only limited summary data is available for this year.$1.33$0.02$1.30$6.57$6.70$0.13
2011Summary only. Only limited summary data is available for this year.$1.76$0.33$1.43$6.01$5.38$0.63