Civic Intelligence

Cumberland Communities Communications Corporation

990 • Fiscal year 2023 • EIN 58-2004387

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 27, 2024

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

79th percentile

0.27x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.22x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

37th percentile

-1.7%

Higher net margin than 37% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$85,943

Higher top officer pay than 83% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

26th percentile

-4.9%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

1.4%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$512,733

Down $26,440 (-4.9%) from 2022

Net Assets

Down

$376,158

Down $5,640 (-1.5%) from 2022

Liabilities

Down

$136,575

Down $20,800 (-13%) from 2022

Revenue

Up

$632,196

Up $9,026 (+1.4%) from 2022

Expenses

Up

$642,705

Up $36,830 (+6.1%) from 2022

Net Income

Down

-$10,509

Down $27,804 (-161%) from 2022

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

2023

Assets$512,733
Liabilities$136,575
Net Assets$376,158

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

2023

Revenue$632,196
Expenses$642,705
Net Income-$10,509
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 27, 2024
Return Version
2023v5.1
Gross Receipts
$632,196
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$427,074$391,966▼ $35,108
Accounts Receivable$17,773$35,638▲ $17,865
Land, Buildings, and Equipment, Net$23,948$19,623▼ $4,325
Prepaid Expenses and Deferred Charges$6,601$7,774▲ $1,173
Total Assets$539,173$512,733▼ $26,440
Other Assets Total$63,777$57,732▼ $6,045
Liabilities
Deferred Revenue$93,363$76,325▼ $17,038
Accounts Payable and Accrued Expenses$36,562$44,271▲ $7,709
Other Liabilities$27,450$15,979▼ $11,471
Total Liabilities$157,375$136,575▼ $20,800
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$381,798$376,158▼ $5,640
Total Net Assets Fund Balance$381,798$376,158▼ $5,640
Total Liabilities and Net Assets / Fund Balance$539,173$512,733▼ $26,440

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,623$192,173$211,796
Leasehold Improvements$0$6,179$6,179
Other Assets Org$14,728--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$38,135-▲ $4,869-$43,004
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tony LawsonGeneral ManagerFT$83,450$2,493$85,943
Don BurggrafDirector-$2,172-$2,172

Board Members and Trustees

NameTitle
Kathy HamiltonPresident
Bill ConnorPresident Elect
Chad YoungbloodVice President
James PayneDirector
Oslo ColeDirector
Richard HallDirector
Rosa MarDirector
Sherry HarrisDirector
Thomas BoydDirector
Terry TurnerSecretary
Bill AllenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$604,361
Program Service Revenue
$24,100
Investment Income
$1,490
Other Revenue
$2,245
All Other Contributions
$387,401
Change in Net Assets
$-10,509

Audited Revenue Reconciliation

Revenue per Audited Statements
$632,196
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$65,693
Total Revenue per Audited Statements
$697,889
Total Revenue per Form 990
$632,196
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$437,475
Other Expenses$205,230
Total Fundraising Expense$99,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$193,209$40,151$42,744$276,104
Current Officers, Directors, Trustees, and Key Employees$52,869$22,029$13,217$88,115
Office Expenses$18,901$4,347$25,804$49,052
Other Employee Benefits$27,693$6,633$6,158$40,484
Payroll Taxes$18,026$4,507$3,977$26,510
Fees for Services Accounting-$23,668-$23,668
Occupancy$21,852--$21,852
Other Expenses$5,937$6,821$5,960$18,718
Depreciation Depletion$8,006--$8,006
Insurance-$7,122-$7,122
Pension Plan Contributions$6,262--$6,262
Travel$5,850--$5,850
Fees for Services Legal-$2,481-$2,481
Advertising--$2,069$2,069
Total Functional Expenses$425,017$117,759$99,929$642,705

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$703,529
Expenses per Audited Statements$642,705
Total Expenses per Form 990$642,705
Expenses Not Reported on Form 990$60,824
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, Current Portion$11,935
Operating Lease, Excluding Current Portion$4,044
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
President
Phone
8655441029
Signed
2024-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Hamilton
Formed
1997
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
18
Volunteers
54

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss on endowment investment 4,869.

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 for 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 tax 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, 2023 and 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:

Gain on endowment fund investment 4,869.

Raw XML AppendixShowing 400 of 504 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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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01490
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0198352
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023948
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019623
IRS990/LandBldgEquipCostOrOtherBssAmt0217975
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/NetAssetsOrFundBalancesBOYAmt0381798
IRS990/NetAssetsOrFundBalancesEOYAmt0376158
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02245
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02245
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0381798
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0376158
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt021852
IRS990/OccupancyGrp/TotalAmt021852
IRS990/OfficeExpensesGrp/FundraisingAmt025804
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04347
IRS990/OfficeExpensesGrp/ProgramServicesAmt018901
IRS990/OfficeExpensesGrp/TotalAmt049052
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt063777
IRS990/OtherAssetsTotalGrp/EOYAmt057732
IRS990/OtherChangesInNetAssetsAmt04869
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06158
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06633
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027693
IRS990/OtherEmployeeBenefitsGrp/TotalAmt040484
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc1WEBCASTING FEES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt05960
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06821
IRS990/OtherExpensesGrp/ProgramServicesAmt040306
IRS990/OtherExpensesGrp/ProgramServicesAmt126106
IRS990/OtherExpensesGrp/ProgramServicesAmt25937
IRS990/OtherExpensesGrp/TotalAmt040306
IRS990/OtherExpensesGrp/TotalAmt126106
IRS990/OtherExpensesGrp/TotalAmt218718
IRS990/OtherLiabilitiesGrp/BOYAmt027450
IRS990/OtherLiabilitiesGrp/EOYAmt015979
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042744
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040151
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0193209
IRS990/OtherSalariesAndWagesGrp/TotalAmt0276104
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03977
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04507
IRS990/PayrollTaxesGrp/ProgramServicesAmt018026
IRS990/PayrollTaxesGrp/TotalAmt026510
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06262
IRS990/PensionPlanContributionsGrp/TotalAmt06262
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06601
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07774
IRS990/PrincipalOfficerNm0KATHY HAMILTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0593017
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0239
IRS990/PYOtherExpensesAmt0178496
IRS990/PYOtherRevenueAmt02237
IRS990/PYProgramServiceRevenueAmt027677
IRS990/PYRevenuesLessExpensesAmt017295
IRS990/PYSalariesCompEmpBnftPaidAmt0427379
IRS990/PYTotalExpensesAmt0605875
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0623170
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-10509
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0604361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0593017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0659036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0617422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0585908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03059744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01490
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0239
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01943
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08110
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99000
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt03030978
IRS990ScheduleA/SubstantialContributorsTotAmt028766
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0604361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0593017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0659036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0617422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0585908
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03059744
IRS990ScheduleA/TotalSupportAmt03061687
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/BeginningYearBalanceAmt038135
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt043004
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04869
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt044340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt038135
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6205
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt039067
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt044340
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05273
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt034277
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt039067
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04790
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt029601
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt034277
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04676
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt060824
IRS990ScheduleD/DonatedServicesUseFcltsAmt060824
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt019623
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0192173
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0211796
IRS990ScheduleD/ExpensesNotReportedAmt060824
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0642705
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06179
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06179
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt043004
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114728
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EAST TN FOUNDATION ENDOWMENT FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011935
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14044
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE, CURRENT PORTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE, EXCLUDING CURRENT PORTION
IRS990ScheduleD/OtherRevenueAmt04869
IRS990ScheduleD/RevenueNotReportedAmt065693
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0632196
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 FOR 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 TAX 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, 2023 AND 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/ExplanationTxt2GAIN ON ENDOWMENT FUND INVESTMENT 4,869.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019623
IRS990ScheduleD/TotalBookValueOtherAssetsAmt057732
IRS990ScheduleD/TotalExpensesPerForm990Amt0642705
IRS990ScheduleD/TotalLiabilityAmt015979
IRS990ScheduleD/TotalRevenuePerForm990Amt0632196
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0697889

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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
2023Detailed filing. Detailed filing data is available for this year.$5.13$1.37$3.76$6.32$6.43$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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