Civic Intelligence

Frayser Community Development Corporation

990 • Fiscal year 2023 • EIN 58-2158058

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization ProfileWWW.FRAYSERCDC.ORG
3684 N Watkins StreetMemphis, TN 38127

(901) 354-9403

Siviq Scores

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

Liabilities / Assets

59th percentile

0.21x

Higher debt load relative to assets than 59% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.80x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

16th percentile

-5.1%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

18%

Faster revenue growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$6,208,025

Down $333,746 (-5.1%) from 2022

Net Assets

Down

$4,925,512

Down $259,571 (-5.0%) from 2022

Liabilities

Down

$1,282,513

Down $74,175 (-5.5%) from 2022

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin17th percentile

Revenue

Up

$1,608,007

Up $243,396 (+18%) from 2022

Expenses

Up

$1,867,578

Up $108,676 (+6.2%) from 2022

Net Income

Up

-$259,571

Up $134,720 (+34%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$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

2023

Assets$6,208,025
Liabilities$1,282,513
Net Assets$4,925,512
Open 2023 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$1,608,007
Expenses$1,867,578
Net Income-$259,571
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$1,635,914
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$4,405,097$4,105,634▼ $299,463
Cash and Non-Interest-Bearing Accounts$1,197,700$1,022,796▼ $174,904
Inventories for Sale or Use$550,643$654,785▲ $104,142
Pledges and Grants Receivable$239,279$252,330▲ $13,051
Other Notes and Loans Receivable, Net$141,579$126,099▼ $15,480
Accounts Receivable$7,473$20,570▲ $13,097
Total Assets$6,541,771$6,208,025▼ $333,746
Other Assets Total$0$25,811▲ $25,811
Liabilities
Unsecured Notes Loans Payable$1,135,457$1,063,671▼ $71,786
Other Liabilities$109,882$125,496▲ $15,614
Accounts Payable and Accrued Expenses$111,349$93,346▼ $18,003
Total Liabilities$1,356,688$1,282,513▼ $74,175
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,642,250$4,238,029▼ $404,221
Net Assets With Donor Restrictions$542,833$687,483▲ $144,650
Total Net Assets Fund Balance$5,185,083$4,925,512▼ $259,571
Total Liabilities and Net Assets / Fund Balance$6,541,771$6,208,025▼ $333,746

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,077,024$2,821,452$5,898,476
Land$1,028,610-$1,028,610
Equipment$0$31,920$31,920
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Johnnie HattenBoard Chair
Lora FowlerDirector
Patricia BurnettDirector
Peggy JeffersonDirector
Regina DowelDirector
Sharon ColeDirector
Shelly RiceDirector
Sherman GreerDirector
Vernon WoodsDirector
Yvonne SpencerDirector
Darrell ScottExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Anderson Contracting Co INCRenovation And Remodeling Services3212 JEAN DR, Memphis, TN 38118$390,405
Revenue and Support

Revenue Composition

Contributions and Grants
$612,562
Program Service Revenue
$1,023,352
Investment Income
$-27,907
Other Revenue
$0
All Other Contributions
$521,308
Change in Net Assets
$-259,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,468,875
Salaries, Compensation, and Employee Benefits$398,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$212,341$103,604-$315,945
Depreciation Depletion$296,478$2,985-$299,463
Insurance$96,084$741-$96,825
Fees for Services Accounting$32,411$48,080-$80,491
All Other Expenses$44,040$28,308-$72,348
Fees for Services Legal$69,947--$69,947
Interest$65,218$212-$65,430
Other Employee Benefits$32,343$13,862-$46,205
Payroll Taxes$20,118$8,622-$28,740
Other Expenses$7,536$17,585-$25,121
Occupancy$12,132--$12,132
Office Expenses$6,068$2,601-$8,669
Current Officers, Directors, Trustees, and Key Employees$6,527$1,286-$7,813
Advertising$1,054$703-$1,757
Total Functional Expenses$1,638,989$228,589$0$1,867,578
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$67,823
Lease Liabilities$25,936
Lease/purchase Escrow$19,571
Security Deposits$6,934
Deferred Revenues$5,232
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
9013549403
Address
3684 N WATKINS STREET, MEMPHIS, TN 38127

Signing Officer

Name
Darrell K Scott
Title
Executive Director
Phone
9013549403
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darrell K Scott
Formed
2000
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
9
Volunteers
10

Preparer

Firm
Frazee Ivy Davis Plc
Address
5100 POPLAR AVE STE 1400, MEMPHIS, TN 38137-1499
Preparer
J Slater Smithers 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 454 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/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
IRS990/NetAssetsOrFundBalancesBOYAmt05185083
IRS990/NetAssetsOrFundBalancesEOYAmt04925512
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-27907
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-27907
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04642250
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04238029
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012132
IRS990/OccupancyGrp/TotalAmt012132
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02601
IRS990/OfficeExpensesGrp/ProgramServicesAmt06068
IRS990/OfficeExpensesGrp/TotalAmt08669
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt025811
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013862
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032343
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046205
IRS990/OtherExpensesGrp/Desc0RENTAL-REPAIR AND MAINT
IRS990/OtherExpensesGrp/Desc1FRAYSER CONNECT EXPENSE
IRS990/OtherExpensesGrp/Desc2RENTAL-PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3LEASE EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017585
IRS990/OtherExpensesGrp/ProgramServicesAmt0384718
IRS990/OtherExpensesGrp/ProgramServicesAmt1243180
IRS990/OtherExpensesGrp/ProgramServicesAmt2108794
IRS990/OtherExpensesGrp/ProgramServicesAmt37536
IRS990/OtherExpensesGrp/TotalAmt0384718
IRS990/OtherExpensesGrp/TotalAmt1243180
IRS990/OtherExpensesGrp/TotalAmt2108794
IRS990/OtherExpensesGrp/TotalAmt325121
IRS990/OtherLiabilitiesGrp/BOYAmt0109882
IRS990/OtherLiabilitiesGrp/EOYAmt0125496
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0103604
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0212341
IRS990/OtherSalariesAndWagesGrp/TotalAmt0315945
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0141579
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0126099
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08622
IRS990/PayrollTaxesGrp/ProgramServicesAmt020118
IRS990/PayrollTaxesGrp/TotalAmt028740
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0239279
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0252330
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DARRELL K SCOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1COUNSELING, DEVELOPMEN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0947042
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt176310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0947042
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt176310
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0477225
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-62040
IRS990/PYOtherExpensesAmt01266506
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0949426
IRS990/PYRevenuesLessExpensesAmt0-394291
IRS990/PYSalariesCompEmpBnftPaidAmt0492396
IRS990/PYTotalExpensesAmt01758902
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01364611
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-259571
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0995445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0612562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0477225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0264093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02047811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01321390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04723081
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75070
IRS990ScheduleA/PublicSupportPY170Pct00.86290
IRS990ScheduleA/PublicSupportTotal170Amt03545805
IRS990ScheduleA/SubstantialContributorsTotAmt01177276
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0612562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0477225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0264093
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02047811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01321390
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04723081
IRS990ScheduleA/TotalSupportAmt04723081
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/BookValueAmt03077024
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02821452
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05898476
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031920
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031920
IRS990ScheduleD/LandGrp/BookValueAmt01028610
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01028610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067823
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt36934
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt425936
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE/PURCHASE ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4LEASE LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04105634
IRS990ScheduleD/TotalLiabilityAmt0125496
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/TotalAssetsBOYAmt06541771
IRS990/TotalAssetsEOYAmt06208025
IRS990/TotalAssetsGrp/BOYAmt06541771
IRS990/TotalAssetsGrp/EOYAmt06208025
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0612562
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0228589
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01638989
IRS990/TotalFunctionalExpensesGrp/TotalAmt01867578
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01356688
IRS990/TotalLiabilitiesEOYAmt01282513
IRS990/TotalLiabilitiesGrp/BOYAmt01356688
IRS990/TotalLiabilitiesGrp/EOYAmt01282513
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05185083
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04925512
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01638989

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,208,025
Liabilities
$1,282,513
Net assets
$4,925,512
Revenue
$1,608,007
Expenses
$1,867,578
Net income
-$259,571
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