Civic Intelligence

Community Action Network Inc.

990 • Fiscal year 2022 • EIN 61-1492579

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 22, 2023

3975 Copper Spring RdSpringville, TN 38256

(731) 642-8208

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

29th percentile

-5.3%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

89th percentile

87%

Faster revenue growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,220,228

Down $67,762 (-5.3%) from 2021

Net Assets

Down

$1,219,668

Down $66,148 (-5.1%) from 2021

Liabilities

Down

$560

Down $1,614 (-74%) from 2021

Revenue

Up

$142,758

Up $66,304 (+87%) from 2021

Expenses

Up

$208,906

Up $52,551 (+34%) from 2021

Net Income

Up

-$66,148

Up $13,753 (+17%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $978,532Liabilities 2011: $282,804Net Assets 2011: $695,7282011Assets 2012: $990,157Liabilities 2012: $327,903Net Assets 2012: $662,2542012Assets 2013: $1,041,282Liabilities 2013: $205,167Net Assets 2013: $836,1152013Assets 2014: $1,641,985Liabilities 2014: $141,583Net Assets 2014: $1,500,4022014Assets 2015: $1,782,832Liabilities 2015: $208,645Net Assets 2015: $1,574,1872015Assets 2016: $1,620,376Liabilities 2016: $5,690Net Assets 2016: $1,614,6862016Assets 2017: $1,597,562Liabilities 2017: $5,052Net Assets 2017: $1,592,5102017Assets 2018: $1,506,159Liabilities 2018: $5,142Net Assets 2018: $1,501,0172018Assets 2019: $1,426,505Liabilities 2019: $4,930Net Assets 2019: $1,421,5752019Assets 2020: $1,370,067Liabilities 2020: $4,350Net Assets 2020: $1,365,7172020Assets 2021: $1,287,990Liabilities 2021: $2,174Net Assets 2021: $1,285,8162021Assets 2022: $1,220,228Liabilities 2022: $560Net Assets 2022: $1,219,6682022Assets 2023: $1,375,014Liabilities 2023: $4,294Net Assets 2023: $1,370,7202023

Highlighted filing

2022

Assets$1,220,228
Liabilities$560
Net Assets$1,219,668

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $677,027Expenses 2011: $676,296Net Income 2011: $7312011Revenue 2012: $698,337Expenses 2012: $731,812Net Income 2012: -$33,4752012Revenue 2013: $991,050Expenses 2013: $817,189Net Income 2013: $173,8612013Revenue 2014: $1,260,191Expenses 2014: $697,750Net Income 2014: $562,4412014Revenue 2015: $585,970Expenses 2015: $608,041Net Income 2015: -$22,0712015Revenue 2016: $477,095Expenses 2016: $354,480Net Income 2016: $122,6152016Revenue 2017: $190,104Expenses 2017: $212,280Net Income 2017: -$22,1762017Revenue 2018: $139,815Expenses 2018: $231,338Net Income 2018: -$91,5232018Revenue 2019: $103,656Expenses 2019: $183,098Net Income 2019: -$79,4422019Revenue 2020: $118,284Expenses 2020: $174,142Net Income 2020: -$55,8582020Revenue 2021: $76,454Expenses 2021: $156,355Net Income 2021: -$79,9012021Revenue 2022: $142,758Expenses 2022: $208,906Net Income 2022: -$66,1482022Revenue 2023: $350,033Expenses 2023: $198,981Net Income 2023: $151,0522023

Highlighted filing

2022

Revenue$142,758
Expenses$208,906
Net Income-$66,148
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 22, 2023
Return Version
2022v5.0
Gross Receipts
$142,758
Mission and Program Overview

Mission

Community Action Network, Inc. (CAN) promotes rural development by providing affordable housing opportunities through acquisition/rehab for resale, homebuyer education, homeless assistance, and repair program.

Community Action Network, Inc (CAN) promotes rural development by providing affordable housing opportunities through acquisition/rehab resale, homebuyer education, homeless assistance, and repair.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$733,686$719,696▼ $13,990
Savings and Temporary Cash Investments$79,163$327,729▲ $248,566
Land, Buildings, and Equipment, Net$240,488$166,891▼ $73,597
Cash and Non-Interest-Bearing Accounts$234,653$5,912▼ $228,741
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,287,990$1,220,228▼ $67,762
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,174$560▼ $1,614
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,174$560▼ $1,614
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,285,816$1,219,668▼ $66,148
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,285,816$1,219,668▼ $66,148
Total Liabilities and Net Assets / Fund Balance$1,287,990$1,220,228▼ $67,762

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$166,891$48,809$215,700
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marian PaschallChairperson
Gene TharpeBoard Member
Ronnie CuthbertsonBoard Member
Sherry RoseSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$39,301
Program Service Revenue
$102,060
Investment Income
$1,397
Other Revenue
$0
All Other Contributions
$2,715
Change in Net Assets
$-66,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,082
Salaries, Compensation, and Employee Benefits$66,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$60,940$0$0$60,940
Travel$25,825$0$0$25,825
Occupancy$15,098$668$0$15,766
Depreciation Depletion$6,192$0$0$6,192
Payroll Taxes$4,700$0$0$4,700
Insurance$4,163$0$0$4,163
Other Expenses$2,128$0$0$2,128
Other Employee Benefits$1,184$0$0$1,184
Fees for Services Legal$200$0$0$200
Total Functional Expenses$207,858$1,048$0$208,906
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 B, Line 11B

Board of Directors reviewed prior to the March 2023 Board Meeting. The Form 990 was discussed and any questions addressed in the Board Meeting. Upon discussion and any changes made, if necessary, the Board made a motion to accept the reviewed Form 990, make it final draft, and submit to the IRS. The full Board voted on the motion, the motion passed to submit the Form 990 as presented. Final Forms sent to IRS.

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

Community Action Network, Inc. Board Members review the Conflict of Interest policy annually. Each Board Member signs the Conflict of Interest Policy statement that states they understand and are in accordance with Community Action Network, Inc.'s Conflict of Interest Policy.

Form 990, Part VI, Section B, Line 15

Each employee's hourly wages, including Administrative staff, were submitted to the Board of Directors for review. Comparable local hourly wages for same positions were submitted to Board of Directors as well. After consideration, The Board of Directors made a motion to accept the hourly wages of all employees, the motion was seconded, and passes.

Form 990, Part VI, Section C, Line 19

The governing documents are filed with the State of Tennessee Secretary of State office for public view. Community Action Network, Inc. has all governing documents, conflict of interest policy, financial statement, and Board Minutes available at our office for public view. All Board Meetings are open to the public.

Filing and Contact Details

Filer

Filer Name
Community Action Network Inc
EIN
61-1492579
Phone
7316428208
Address
3975 Copper Spring Rd, Springville, TN 38256

Signing Officer

Name
Marian Paschall
Title
Chairperson
Phone
7316428208
Signed
2023-03-22

Organization Details

Principal Officer
Marian Paschall
Formed
2005
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
7
Raw XML AppendixShowing 400 of 522 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/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01184
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01184
IRS990/OtherExpensesGrp/Desc0Soft Costs/Land/Closing Costs
IRS990/OtherExpensesGrp/Desc1Building Materials/Supplies
IRS990/OtherExpensesGrp/Desc2Equipment Rental/Maintenance
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1380
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0990
IRS990/OtherExpensesGrp/ProgramServicesAmt186438
IRS990/OtherExpensesGrp/ProgramServicesAmt22128
IRS990/OtherExpensesGrp/TotalAmt0990
IRS990/OtherExpensesGrp/TotalAmt186818
IRS990/OtherExpensesGrp/TotalAmt22128
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060940
IRS990/OtherSalariesAndWagesGrp/TotalAmt060940
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0733686
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0719696
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04700
IRS990/PayrollTaxesGrp/TotalAmt04700
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Marian Paschall
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1233000
IRS990/ProgramServiceRevenueGrp/Desc0Program Service Revenue from Rental
IRS990/ProgramServiceRevenueGrp/Desc1Acq/Resale for Foreclosed Homes
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt190505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt190505
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Resources and donations to provide homeowner repair program. Post-Purchase housing counseling wheelchair ramp construction, and home modification/repair to 20 low-income families.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt090747
IRS990/ProgSrvcAccomActy2Grp/GrantAmt039301
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01397
IRS990/ProgSrvcAccomActy3Grp/Desc0Acquisition/rehab for low income families to acquire homes. The low income homebuyers receive subsidy reduction to purchase homes and CAN is the mortgage holder for 10 years at 0% interest. CAN served 3 homebuyers to acquire homes.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt072482
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt090505
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt035956
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt019595
IRS990/PYInvestmentIncomeAmt01060
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt073517
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt039438
IRS990/PYRevenuesLessExpensesAmt0-79901
IRS990/PYSalariesCompEmpBnftPaidAmt063243
IRS990/PYTotalExpensesAmt0156355
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt076454
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-66148
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011555
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt079163
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0327729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt037016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt081615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0260958
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0260958
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt037016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045508
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt081615

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