Civic Intelligence

Frayser Community Development

EIN 58-2158058 • 501(c)3 • Memphis, TN

Profile

To acquire and rehabilitate affordable housing for income eligible individuals in the frayser community in memphis, tennessee. The area is characterized by high unemployment, deteriorating housing, crime and poverty.

3684 N Watkins StreetMemphis, TN 38127

www.fraysercdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.24x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.07x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

6th percentile

-53%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

6th percentile

-19%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-30%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$5,043,351

Down $1,164,674 (-19%) from 2023

Liabilities

Down

$1,199,718

Down $82,795 (-6.5%) from 2023

Net Assets

Down

$3,843,633

Down $1,081,879 (-22%) from 2023

Operations
Liabilities / Revenue85th percentileNet Margin6th percentile

Revenue

Down

$1,125,948

Down $482,059 (-30%) from 2023

Expenses

Down

$1,721,930

Down $145,648 (-7.8%) from 2023

Net Income

Down

-$595,982

Down $336,411 (-130%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth6th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $2,985,362Liabilities 2010: $908,112Net Assets 2010: $2,077,2502010Assets 2011: $3,917,616Liabilities 2011: $1,023,096Net Assets 2011: $2,894,5202011Assets 2012: $4,673,990Liabilities 2012: $1,249,073Net Assets 2012: $3,424,9172012Assets 2013: $5,308,000Liabilities 2013: $1,220,407Net Assets 2013: $4,087,5932013Assets 2014: $5,834,618Liabilities 2014: $1,305,039Net Assets 2014: $4,529,5792014Assets 2015: $6,327,451Liabilities 2015: $1,560,702Net Assets 2015: $4,766,7492015Assets 2016: $6,927,055Liabilities 2016: $1,832,649Net Assets 2016: $5,094,4062016Assets 2017: $7,479,290Liabilities 2017: $1,967,210Net Assets 2017: $5,512,0802017Assets 2018: $7,814,123Liabilities 2018: $2,033,153Net Assets 2018: $5,780,9702018Assets 2019: $8,365,220Liabilities 2019: $2,063,158Net Assets 2019: $6,302,0622019Assets 2020: $9,618,379Liabilities 2020: $2,233,146Net Assets 2020: $7,385,2332020Assets 2021: $7,724,171Liabilities 2021: $1,663,168Net Assets 2021: $6,061,0032021Assets 2022: $6,541,771Liabilities 2022: $1,356,688Net Assets 2022: $5,185,0832022Assets 2023: $6,208,025Liabilities 2023: $1,282,513Net Assets 2023: $4,925,5122023Assets 2024: $5,043,351Liabilities 2024: $1,199,718Net Assets 2024: $3,843,6332024

Highlighted filing

2024

Assets$5,043,351
Liabilities$1,199,718
Net Assets$3,843,633
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $730,6982010Expenses 2011: $1,125,5122011Expenses 2012: $887,6302012Revenue 2013: $1,762,336Expenses 2013: $1,099,658Net Income 2013: $662,6782013Revenue 2014: $1,488,596Expenses 2014: $1,046,610Net Income 2014: $441,9862014Revenue 2015: $1,591,805Expenses 2015: $1,354,635Net Income 2015: $237,1702015Revenue 2016: $1,462,635Expenses 2016: $1,134,978Net Income 2016: $327,6572016Revenue 2017: $1,744,560Expenses 2017: $1,327,795Net Income 2017: $416,7652017Revenue 2018: $1,797,703Expenses 2018: $1,532,650Net Income 2018: $265,0532018Revenue 2019: $2,129,634Expenses 2019: $1,608,542Net Income 2019: $521,0922019Revenue 2020: $2,907,074Expenses 2020: $1,823,903Net Income 2020: $1,083,1712020Revenue 2021: $554,799Expenses 2021: $1,878,828Net Income 2021: -$1,324,0292021Revenue 2022: $1,364,611Expenses 2022: $1,758,902Net Income 2022: -$394,2912022Revenue 2023: $1,608,007Expenses 2023: $1,867,578Net Income 2023: -$259,5712023Revenue 2024: $1,125,948Expenses 2024: $1,721,930Net Income 2024: -$595,9822024

Highlighted filing

2024

Revenue$1,125,948
Expenses$1,721,930
Net Income-$595,982
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,043,351
Liabilities
$1,199,718
Net assets
$3,843,633
Revenue
$1,125,948
Expenses
$1,721,930
Net income
-$595,982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.04$1.20$3.84$1.13$1.72$0.60
2023Detailed filing. Detailed filing data is available for this year.$6.21$1.28$4.93$1.61$1.87$0.26
2022Detailed filing. Detailed filing data is available for this year.$6.54$1.36$5.19$1.36$1.76$0.39
2021Detailed filing. Detailed filing data is available for this year.$7.72$1.66$6.06$0.55$1.88$1.32
2020Detailed filing. Detailed filing data is available for this year.$9.62$2.23$7.39$2.91$1.82$1.08
2019Detailed filing. Detailed filing data is available for this year.$8.37$2.06$6.30$2.13$1.61$0.52
2018Detailed filing. Detailed filing data is available for this year.$7.81$2.03$5.78$1.80$1.53$0.27
2017Detailed filing. Detailed filing data is available for this year.$7.48$1.97$5.51$1.74$1.33$0.42
2016Detailed filing. Detailed filing data is available for this year.$6.93$1.83$5.09$1.46$1.13$0.33
2015Detailed filing. Detailed filing data is available for this year.$6.33$1.56$4.77$1.59$1.35$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.83$1.31$4.53$1.49$1.05$0.44
2013Detailed filing. Detailed filing data is available for this year.$5.31$1.22$4.09$1.76$1.10$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$1.25$3.42$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$1.02$2.89$1.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.91$2.08$0.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,125,948
Mission and Program Overview

Mission

The organization acquires and rehabilitates affordable housing for income eligible individuals in the frayser community in memphis, tennessee. The area is characterized by high unemployment, deteriorating housing, crime and poverty.

To acquire and rehabilitate affordable housing for income eligible individuals in the frayser community in memphis, tennessee. The area is characterized by high unemployment, deteriorating housing, crime and poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,619,737$3,407,696▼ $212,041
Cash and Non-Interest-Bearing Accounts$1,022,796$873,753▼ $149,043
Inventories for Sale or Use$654,785$479,828▼ $174,957
Other Notes and Loans Receivable, Net$126,099$110,619▼ $15,480
Pledges and Grants Receivable$252,330$108,251▼ $144,079
Accounts Receivable$20,570$27,167▲ $6,597
Total Assets$5,722,128$5,043,351▼ $678,777
Other Assets Total$25,811$36,037▲ $10,226
Liabilities
Unsecured Notes Loans Payable$1,063,671$962,386▼ $101,285
Other Liabilities$125,496$137,398▲ $11,902
Accounts Payable and Accrued Expenses$93,346$99,934▲ $6,588
Total Liabilities$1,282,513$1,199,718▼ $82,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,752,132$3,343,621▼ $408,511
Net Assets With Donor Restrictions$687,483$500,012▼ $187,471
Total Net Assets Fund Balance$4,439,615$3,843,633▼ $595,982
Total Liabilities and Net Assets / Fund Balance$5,722,128$5,043,351▼ $678,777

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,384,178$3,044,282$5,428,460
Land$1,022,591-$1,022,591
Equipment$927$32,066$32,993
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darrell ScottExecutive DirectorFT$79,469$1,800$81,269

Board Members and Trustees

NameTitle
Sharon ColePresident
Sherman GreerVice President
Johnnie HattenDirector
Lora FowlerDirector
Michael EllisDirector
Patricia BurnettDirector
Peggy JeffersonDirector
Regina DowellDirector
Sherita MartinDirector
Telise TurnerDirector
Vernon WoodsDirector
Yvonne SpencerDirector
Shelly RiceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,721
Program Service Revenue
$1,057,287
Investment Income
$30,940
Other Revenue
$0
All Other Contributions
$25,707
Change in Net Assets
$-595,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,269,475
Salaries, Compensation, and Employee Benefits$452,455
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$198,822$100,578-$299,400
Depreciation Depletion$246,060$5,749-$251,809
Insurance$104,520$2,453-$106,973
Current Officers, Directors, Trustees, and Key Employees$66,386$13,083-$79,469
All Other Expenses$52,084$24,304-$76,388
Interest$50,392$523-$50,915
Other Employee Benefits$33,890$14,525-$48,415
Fees for Services Accounting$15,065$23,257-$38,322
Payroll Taxes$17,620$7,551-$25,171
Other Expenses$19,718$6,963-$19,718
Office Expenses$5,706$2,445-$8,151
Fees for Services Legal$4,276--$4,276
Advertising$1,804$1,202-$3,006
Total Functional Expenses$1,453,357$268,573$0$1,721,930
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
Rental Deposits$75,614
Lease Liabilities$37,184
Lease/purchase Escrow$19,571
Deferred Revenues$5,029
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 A, Line 7A

“The organization's board is elected by members of the frayser community association that has it's annual meeting in january. The organization's bylaws are available upon request.”

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

“Management reviews the 990 in detail with the cpa prior to submission to the irs. Copies are distributed to board members after submission.”

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

“Each year, the policy is distributed and reviewed at the first board meeting of the term. Officers, directors, and key employees are then asked to declare potential conflicts and sign a statement that each has reviewed the policy and noted any potential conflicts during the year. Potential conflicts are monitored by the executive director and key employees. Questionable situations are presented to the board for review. Outside consultants (attorneys) are consulted as needed.”

Form 990, Part VI, Section B, Line 15

“Performance reviews of all staff are conducted annually. The executive director is reviewed by a personnel committee appointed by the board president. Key employees are reviewed by the executive director and copies of evaluations are submitted to the personnel committee for review.”

Form 990, Part VI, Section C, Line 19

“Financial statements are made available through the tennessee secretary of state's website, and upon request at the organization's premises.”

Filing and Contact Details

Filer

Filer Name
Frayser Community Development
EIN
58-2158058
Phone
9013549401
Address
3684 N WATKINS STREET, MEMPHIS, TN 38127

Signing Officer

Name
Sharon Cole
Title
President
Phone
9013549401
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharon Cole
Formed
2000
Legal Domicile
Tn
Voting Board Members
14
Independent Board Members
14
Employees
10
Volunteers
10

Preparer

Firm
Lbmc Pc
Address
5100 POPLAR AVE STE 1400, MEMPHIS, TN 38137
Preparer
Chandler Eubank CPA
Phone
9016851040
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 468 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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/FormationYr02000
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
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IRS990/GovernmentGrantsAmt01300
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt01125948
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt02453
IRS990/InsuranceGrp/ProgramServicesAmt0104520
IRS990/InsuranceGrp/TotalAmt0106973
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IRS990/InterestGrp/ProgramServicesAmt050392
IRS990/InterestGrp/TotalAmt050915
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt0479828
IRS990/InvestmentIncomeGrp/ExclusionAmt05852
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt03407696
IRS990/LandBldgEquipCostOrOtherBssAmt06484044
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ACQUIRE AND REHABILITATE AFFORDABLE HOUSING FOR INCOME ELIGIBLE INDIVIDUALS IN THE FRAYSER COMMUNITY IN MEMPHIS, TENNESSEE. THE AREA IS CHARACTERIZED BY HIGH UNEMPLOYMENT, DETERIORATING HOUSING, CRIME AND POVERTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt03843633
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt025088
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03343621
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02445
IRS990/OfficeExpensesGrp/ProgramServicesAmt05706
IRS990/OfficeExpensesGrp/TotalAmt08151
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025811
IRS990/OtherAssetsTotalGrp/EOYAmt036037
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014525
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033890
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048415
IRS990/OtherExpensesGrp/Desc0RENTAL-REPAIR AND MAINT
IRS990/OtherExpensesGrp/Desc1TAXES AND LICENSES
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IRS990/OtherExpensesGrp/Desc3RENTAL-PROFESSIONAL SER
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16963
IRS990/OtherExpensesGrp/ProgramServicesAmt0381322
IRS990/OtherExpensesGrp/ProgramServicesAmt1126223
IRS990/OtherExpensesGrp/ProgramServicesAmt2129469
IRS990/OtherExpensesGrp/ProgramServicesAmt319718
IRS990/OtherExpensesGrp/TotalAmt0447262
IRS990/OtherExpensesGrp/TotalAmt1133186
IRS990/OtherExpensesGrp/TotalAmt2129469
IRS990/OtherExpensesGrp/TotalAmt319718
IRS990/OtherLiabilitiesGrp/BOYAmt0125496
IRS990/OtherLiabilitiesGrp/EOYAmt0137398
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100578
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0198822
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IRS990/OtherWebsiteInd0X
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0110619
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07551
IRS990/PayrollTaxesGrp/ProgramServicesAmt017620
IRS990/PayrollTaxesGrp/TotalAmt025171
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0252330
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0108251
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHARON COLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1COUNSELING, DEVELOPMEN
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149803
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01007484
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt149803
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0612562
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-12427
IRS990/PYOtherExpensesAmt01944377
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01023352
IRS990/PYRevenuesLessExpensesAmt0-745468
IRS990/PYSalariesCompEmpBnftPaidAmt0424578
IRS990/PYTotalExpensesAmt02368955
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01623487
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-595982
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01082375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0612562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0477225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0264093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02047811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03439412
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63530
IRS990ScheduleA/PublicSupportPY170Pct00.75070
IRS990ScheduleA/PublicSupportTotal170Amt02185114
IRS990ScheduleA/SubstantialContributorsTotAmt01254298
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt037721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0612562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0477225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0264093
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02047811
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03439412
IRS990ScheduleA/TotalSupportAmt03439412
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/BuildingsGrp/BookValueAmt02384178
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03044282
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05428460
IRS990ScheduleD/EquipmentGrp/BookValueAmt0927
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032066
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032993
IRS990ScheduleD/LandGrp/BookValueAmt01022591
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01022591
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25029
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt337184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE/PURCHASE ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LEASE LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03407696
IRS990ScheduleD/TotalLiabilityAmt0137398
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD IS ELECTED BY MEMBERS OF THE FRAYSER COMMUNITY ASSOCIATION THAT HAS IT'S ANNUAL MEETING IN JANUARY. THE ORGANIZATION'S BYLAWS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS THE 990 IN DETAIL WITH THE CPA PRIOR TO SUBMISSION TO THE IRS. COPIES ARE DISTRIBUTED TO BOARD MEMBERS AFTER SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, THE POLICY IS DISTRIBUTED AND REVIEWED AT THE FIRST BOARD MEETING OF THE TERM. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE THEN ASKED TO DECLARE POTENTIAL CONFLICTS AND SIGN A STATEMENT THAT EACH HAS REVIEWED THE POLICY AND NOTED ANY POTENTIAL CONFLICTS DURING THE YEAR. POTENTIAL CONFLICTS ARE MONITORED BY THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. QUESTIONABLE SITUATIONS ARE PRESENTED TO THE BOARD FOR REVIEW. OUTSIDE CONSULTANTS (ATTORNEYS) ARE CONSULTED AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERFORMANCE REVIEWS OF ALL STAFF ARE CONDUCTED ANNUALLY. THE EXECUTIVE DIRECTOR IS REVIEWED BY A PERSONNEL COMMITTEE APPOINTED BY THE BOARD PRESIDENT. KEY EMPLOYEES ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND COPIES OF EVALUATIONS ARE SUBMITTED TO THE PERSONNEL COMMITTEE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE TENNESSEE SECRETARY OF STATE'S WEBSITE, AND UPON REQUEST AT THE ORGANIZATION'S PREMISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05722128
IRS990/TotalAssetsEOYAmt05043351
IRS990/TotalAssetsGrp/BOYAmt05722128
IRS990/TotalAssetsGrp/EOYAmt05043351
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt037721

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