Civic Intelligence

Andrew Jackson Foundation Fka Ladies' Hermitage Association

990 • Fiscal year 2021 • EIN 62-0478087

Jul 01, 2020 to Jun 30, 2021 • Filed on May 15, 2022

4580 Rachels LaneHermitage, TN 37076

(615) 889-2941

Siviq Scores

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

Liabilities / Assets

44th percentile

0.13x

Higher debt load relative to assets than 44% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.32x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

12th percentile

-8.9%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

49th percentile

$169,313

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

16th percentile

-2.5%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-15%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$11,010,285

Down $279,515 (-2.5%) from 2020

Net Assets

Down

$9,611,821

Down $231,842 (-2.4%) from 2020

Liabilities

Down

$1,398,464

Down $47,673 (-3.3%) from 2020

Revenue

Down

$4,320,645

Down $773,761 (-15%) from 2020

Expenses

Down

$4,706,763

Down $662,673 (-12%) from 2020

Net Income

Down

-$386,118

Down $111,088 (-40%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $7,592,718Liabilities 2011: $514,397Net Assets 2011: $7,078,3212011Assets 2012: $7,904,275Liabilities 2012: $767,027Net Assets 2012: $7,137,2482012Assets 2013: $7,566,821Liabilities 2013: $242,685Net Assets 2013: $7,324,1362013Assets 2014: $8,689,716Liabilities 2014: $321,729Net Assets 2014: $8,367,9872014Assets 2015: $8,515,757Liabilities 2015: $428,484Net Assets 2015: $8,087,2732015Assets 2016: $8,076,560Liabilities 2016: $421,252Net Assets 2016: $7,655,3082016Assets 2017: $8,376,955Liabilities 2017: $359,971Net Assets 2017: $8,016,9842017Assets 2018: $9,601,694Liabilities 2018: $505,225Net Assets 2018: $9,096,4692018Assets 2019: $10,709,380Liabilities 2019: $592,101Net Assets 2019: $10,117,2792019Assets 2020: $11,289,800Liabilities 2020: $1,446,137Net Assets 2020: $9,843,6632020Assets 2021: $11,010,285Liabilities 2021: $1,398,464Net Assets 2021: $9,611,8212021Assets 2022: $11,435,017Liabilities 2022: $2,171,855Net Assets 2022: $9,263,1622022Assets 2023: $14,646,951Liabilities 2023: $2,512,808Net Assets 2023: $12,134,1432023Assets 2024: $19,121,937Liabilities 2024: $4,538,063Net Assets 2024: $14,583,8742024Assets 2025: $18,126,188Liabilities 2025: $3,651,714Net Assets 2025: $14,474,4742025

Highlighted filing

2021

Assets$11,010,285
Liabilities$1,398,464
Net Assets$9,611,821

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,284,806Expenses 2011: $3,224,580Net Income 2011: $60,2262011Expenses 2012: $3,360,4202012Expenses 2013: $3,672,4012013Revenue 2014: $4,879,502Expenses 2014: $3,859,514Net Income 2014: $1,019,9882014Revenue 2015: $4,118,964Expenses 2015: $4,391,859Net Income 2015: -$272,8952015Revenue 2016: $4,225,319Expenses 2016: $4,679,055Net Income 2016: -$453,7362016Revenue 2017: $5,346,960Expenses 2017: $5,018,645Net Income 2017: $328,3152017Revenue 2018: $6,423,262Expenses 2018: $5,367,436Net Income 2018: $1,055,8262018Revenue 2019: $6,645,258Expenses 2019: $5,656,580Net Income 2019: $988,6782019Revenue 2020: $5,094,406Expenses 2020: $5,369,436Net Income 2020: -$275,0302020Revenue 2021: $4,320,645Expenses 2021: $4,706,763Net Income 2021: -$386,1182021Revenue 2022: $5,454,412Expenses 2022: $5,464,344Net Income 2022: -$9,9322022Revenue 2023: $8,643,061Expenses 2023: $6,021,278Net Income 2023: $2,621,7832023Revenue 2024: $8,812,946Expenses 2024: $6,868,837Net Income 2024: $1,944,1092024Revenue 2025: $5,789,610Expenses 2025: $6,287,038Net Income 2025: -$497,4282025

Highlighted filing

2021

Revenue$4,320,645
Expenses$4,706,763
Net Income-$386,118
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 15, 2022
Return Version
2020v4.0
Gross Receipts
$4,792,726
Mission and Program Overview

Mission

The mission of the andrew jackson foundation is to preserve the home place of andrew jackson, to create learning opportunities, and to inspire citizenship through experiencing the life and unique impact of jackson.

To preserve the 1,120 acre historic property, maintain and preserve the hermitage mansion and 27 other structures and collections including new exterior paint and installing a lightning prevention system, provide educational programs to the public including jr. Docent program, hands-on history, the rachel virtual class, hermitage home school days, make the site available to 220,000+/- guests annually, and host events, programs and activities that inspire a love of american history including black history month, the battle of new orleans and veteran's day programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,864,158$6,360,572▼ $503,586
Savings and Temporary Cash Investments$1,658,218$2,154,047▲ $495,829
Pledges and Grants Receivable$1,570,008$834,147▼ $735,861
Investments in Publicly Traded Securities$558,328$764,439▲ $206,111
Cash and Non-Interest-Bearing Accounts$149,342$282,025▲ $132,683
Inventories for Sale or Use$230,372$193,756▼ $36,616
Accounts Receivable$1,142$4,566▲ $3,424
Prepaid Expenses and Deferred Charges$4,309$769▼ $3,540
Total Assets$11,289,800$11,010,285▼ $279,515
Other Assets Total$253,923$415,964▲ $162,041
Liabilities
Other Liabilities$1,105,440$998,552▼ $106,888
Accounts Payable and Accrued Expenses$281,766$281,496▼ $270
Deferred Revenue$10,846$75,901▲ $65,055
Mortgage Notes Payable Secured by Investment Property$48,085$42,515▼ $5,570
Total Liabilities$1,446,137$1,398,464▼ $47,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,464,353$8,819,071▲ $2,354,718
Net Assets With Donor Restrictions$3,379,310$792,750▼ $2,586,560
Total Net Assets Fund Balance$9,843,663$9,611,821▼ $231,842
Total Liabilities and Net Assets / Fund Balance$11,289,800$11,010,285▼ $279,515

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,893,379$7,455,927$11,349,306
Equipment$902,777$1,904,500$2,807,277
Other Land Buildings$1,144,552$341,394$1,485,946
Leasehold Improvements$138,417$365,520$503,937
Land$281,447-$281,447

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$115,318$1,650--$116,968
2019$115,027$291--$115,318
2018$115,027---$115,027
2017$90,027$25,000--$115,027
2016$65,027$25,000--$90,027
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Howard J KittellPresident &FT$159,519$9,794$169,313
Howard J KittellPresident & CEO-$159,519$9,794$169,313

Board Members and Trustees

NameTitle
Anne DavisBoard Member
Barbara SiegBoard Member
Brian KilmeadeBoard Member
Charles OverbyBoard Member
Deedee WadeBoard Member
Harrison FristBoard Member
Irwin E FisherBoard Member
James a HaltomBoard Member
Janet AyersBoard Member
Jeff DahlgrenBoard Member
Mara LiassonBoard Member
Michael Shane NealBoard Member
Roderick Heller IiiBoard Member
Bo WatsonEx Officio
Tre HargettEx Officio
Bob McdonaldPast Regent
Carol YochemRegent
Kathleen EstesSecretary
Ashley McanultyTreasurer
John Nau IiiVice Regent
Revenue and Support

Revenue Composition

Contributions and Grants
$1,685,433
Program Service Revenue
$1,707,729
Investment Income
$16,486
Other Revenue
$910,997
All Other Contributions
$1,195,749
Change in Net Assets
$-386,118

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,320,645
Revenue Not Reported on Form 990
$549,598
Total Revenue per Audited Statements
$4,870,243
Total Revenue per Form 990
$4,320,645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,406,386
Other Expenses$2,300,377
Total Fundraising Expense$318,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,406,186$299,113$191,418$1,896,717
Depreciation Depletion$607,820--$607,820
Occupancy$498,094$3,495$2,498$504,087
Other Employee Benefits$158,147$22,337$14,123$194,607
Current Officers, Directors, Trustees, and Key Employees$67,725$50,794$50,794$169,313
Insurance$116,229$26,367$18,281$160,877
Payroll Taxes$97,486$21,962$17,817$137,265
Advertising$132,489$638$45$133,172
Office Expenses$99,728$14,009$4,339$118,076
Fees for Services Other$62,489$3,097$13,642$79,228
Information Technology$69,907$2,118$2,669$74,694
Fees for Services Accounting-$18,394-$18,394
Pension Plan Contributions$5,534$2,236$714$8,484
Travel$5,503$573$685$6,761
Fees for Service Investment Mgmnt Fees-$5,914-$5,914
Other Expenses$3,764$50$1,131$3,764
Interest-$3,243-$3,243
Total Functional Expenses$3,914,267$474,340$318,156$4,706,763

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,102,085
Expenses per Audited Statements$4,706,763
Total Expenses per Form 990$4,706,763
Expenses Not Reported on Form 990$395,322
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,332
Fundraising Direct Expenses$33,588
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising - S$63,098$27,259$17,571$9,688
Fundraising - G$96,805$13,473$16,017$-2,544
Total Events$159,903$40,732$33,588$7,144
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Payable$606,480
Accrued Salaries & Wages$244,800
Sba Loan$150,000
Sales Tax Payable$361
Accrued Ubit$-3,089
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 7A

The members of the board of directors are elected by the board itself at its annual meeting.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the ceo and the vp of finance. The 990 is also made available to the board to review before it is signed.

Form 990, Page 6, Part VI, Line 12C

New board members are trained on policy and procedure which contains the conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The ceo is reviewed by a board committee and items addressed in the multi- year contract are assessed. For salaries of ceo and other executives, market values are determined within budget constraints and comparable positions in the region.

Form 990, Page 6, Part VI, Line 15B

For salaries of ceo and other executives,market values are determined within budget constraints and comparable positions in the region.

Form 990, Page 6, Part VI, Line 19

Available upon request. Financial information is also disclosed in the annual report.

Filing and Contact Details

Filer

Filer Name
Andrew Jackson Foundation
EIN
62-0478087
Phone
6158892941
Address
4580 RACHELS LANE, HERMITAGE, TN 37076

Signing Officer

Name
Howard J Kittell
Title
President & CEO
Phone
6158892941
Signed
2022-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Howard J Kittell
Formed
1889
Legal Domicile
Tn
Voting Board Members
18
Independent Board Members
18
Employees
123
Volunteers
5

Preparer

Firm
Mullins Clemmons & Mayes Pllc
Address
340 SEVEN SPRINGS WAY STE 720, BRENTWOOD, TN 37027-5098
Preparer
Larry D Mullins
Phone
6153708576
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

Due to limited tourism and attendance, the site now operates on a 5 day per week schedule.

Form 990, Part XI, Line 9

Cost of goods sold 361,734 special event expenses 33,588 cost of goods sold -361,734 special event expenses -33,588

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

Values attributable to historic sites (transferred to the association by the state of tennessee) are not recognized in the financial statements since the values to such historical treasures are not generally measurable in monetary terms. The 1,120-acre national historic landmark site includes andrew jackson's entire tennessee antebellum cotton plantation, as well as, numerous architectural and archaeological treasures. The exempt purpose of the organization is to preserve this home and to serve as a learning resource for the diverse public.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 361,734 special event expenses 33,588

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 361,734 special event expenses 33,588

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IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES A HALTOM
IRS990/Form990PartVIISectionAGrp/PersonNm7TRE HARGETT
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN NAU III
IRS990/Form990PartVIISectionAGrp/PersonNm9RODERICK HELLER III
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN KILMEADE
IRS990/Form990PartVIISectionAGrp/PersonNm11MARA LIASSON
IRS990/Form990PartVIISectionAGrp/PersonNm12ASHLEY MCANULTY
IRS990/Form990PartVIISectionAGrp/PersonNm13BOB MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL SHANE NEAL
IRS990/Form990PartVIISectionAGrp/PersonNm15CHARLES OVERBY
IRS990/Form990PartVIISectionAGrp/PersonNm16BARBARA SIEG
IRS990/Form990PartVIISectionAGrp/PersonNm17DEEDEE WADE
IRS990/Form990PartVIISectionAGrp/PersonNm18BO WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm19CAROL YOCHEM
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE REGENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13PAST REGENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt19REGENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
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IRS990/PrincipalOfficerNm0HOWARD J KITTELL
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1581
IRS990/ProhibitedTaxShelterTransInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.1$3.65$14.5$5.79$6.29$0.50
2024Detailed filing. Detailed filing data is available for this year.$19.1$4.54$14.6$8.81$6.87$1.94
2023Detailed filing. Detailed filing data is available for this year.$14.6$2.51$12.1$8.64$6.02$2.62
2022Detailed filing. Detailed filing data is available for this year.$11.4$2.17$9.26$5.45$5.46$0.01
2021Detailed filing. Detailed filing data is available for this year.$11.0$1.40$9.61$4.32$4.71$0.39
2020Detailed filing. Detailed filing data is available for this year.$11.3$1.45$9.84$5.09$5.37$0.28
2019Detailed filing. Detailed filing data is available for this year.$10.7$0.59$10.1$6.65$5.66$0.99
2018Detailed filing. Detailed filing data is available for this year.$9.60$0.51$9.10$6.42$5.37$1.06
2017Detailed filing. Detailed filing data is available for this year.$8.38$0.36$8.02$5.35$5.02$0.33
2016Detailed filing. Detailed filing data is available for this year.$8.08$0.42$7.66$4.23$4.68$0.45
2015Detailed filing. Detailed filing data is available for this year.$8.52$0.43$8.09$4.12$4.39$0.27
2014Detailed filing. Detailed filing data is available for this year.$8.69$0.32$8.37$4.88$3.86$1.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$0.24$7.32$3.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.90$0.77$7.14$3.36
2011Summary only. Only limited summary data is available for this year.$7.59$0.51$7.08$3.28$3.22$0.06