Civic Intelligence

Tristate Minority Supplier Development Council Inc.

990 • Fiscal year 2015 • EIN 62-1086913

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 12, 2016

220 Athens Way Plaza I BldgNashville, TN 37228

(615) 259-4699

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

41st percentile

0.07x

Higher debt load relative to revenue than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

15th percentile

-17%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

84th percentile

$150,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

12th percentile

-10%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

9th percentile

-33%

Faster revenue growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,135,388

Down $126,704 (-10%) from 2014

Net Assets

Down

$1,088,504

Down $173,588 (-14%) from 2014

Liabilities

Up

$46,884

Up $46,884 from 2014

Revenue

Down

$687,403

Down $340,011 (-33%) from 2014

Expenses

Up

$805,849

Up $9,160 (+1.1%) from 2014

Net Income

Down

-$118,446

Down $349,171 (-151%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $857,365Liabilities 2011: $0Net Assets 2011: $857,3652011Assets 2012: $898,702Liabilities 2012: $56,852Net Assets 2012: $841,8502012Assets 2013: $871,139Liabilities 2013: $39,885Net Assets 2013: $831,2542013Assets 2014: $1,262,092Liabilities 2014: $0Net Assets 2014: $1,262,0922014Assets 2015: $1,135,388Liabilities 2015: $46,884Net Assets 2015: $1,088,5042015Assets 2016: $1,009,827Liabilities 2016: $27,500Net Assets 2016: $982,3272016Assets 2017: $1,080,521Liabilities 2017: $63,744Net Assets 2017: $1,016,7772017Assets 2018: $1,065,878Liabilities 2018: $113,308Net Assets 2018: $952,5702018Assets 2019: $1,078,450Liabilities 2019: $136,520Net Assets 2019: $941,9302019Assets 2020: $1,304,371Liabilities 2020: $163,140Net Assets 2020: $1,141,2312020Assets 2021: $1,436,779Liabilities 2021: $133,072Net Assets 2021: $1,303,7072021Assets 2022: $1,486,698Liabilities 2022: $11,329Net Assets 2022: $1,475,3692022Assets 2023: $1,821,253Liabilities 2023: $17,666Net Assets 2023: $1,803,5872023Assets 2024: $2,050,688Liabilities 2024: $12,103Net Assets 2024: $2,038,5852024

Highlighted filing

2015

Assets$1,135,388
Liabilities$46,884
Net Assets$1,088,504

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $738,5182011Expenses 2012: $598,5102012Revenue 2013: $535,061Expenses 2013: $545,657Net Income 2013: -$10,5962013Revenue 2014: $1,027,414Expenses 2014: $796,689Net Income 2014: $230,7252014Revenue 2015: $687,403Expenses 2015: $805,849Net Income 2015: -$118,4462015Revenue 2016: $542,954Expenses 2016: $646,564Net Income 2016: -$103,6102016Revenue 2017: $634,031Expenses 2017: $654,847Net Income 2017: -$20,8162017Revenue 2018: $580,693Expenses 2018: $644,900Net Income 2018: -$64,2072018Revenue 2019: $628,319Expenses 2019: $651,329Net Income 2019: -$23,0102019Revenue 2020: $690,418Expenses 2020: $546,182Net Income 2020: $144,2362020Revenue 2021: $762,988Expenses 2021: $504,010Net Income 2021: $258,9782021Revenue 2022: $810,529Expenses 2022: $638,519Net Income 2022: $172,0102022Revenue 2023: $924,022Expenses 2023: $595,804Net Income 2023: $328,2182023Revenue 2024: $828,210Expenses 2024: $594,311Net Income 2024: $233,8992024

Highlighted filing

2015

Revenue$687,403
Expenses$805,849
Net Income-$118,446
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 12, 2016
Return Version
2015v2.0
Gross Receipts
$885,989
Mission and Program Overview

Mission

Promote opportunites for economic disadvantaged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,188,902$0▼ $1,188,902
Cash and Non-Interest-Bearing Accounts$20,570$1,069,042▲ $1,048,472
Land, Buildings, and Equipment, Net$52,620$37,374▼ $15,246
Accounts Receivable-$27,293-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,262,092$1,135,388▼ $126,704
Other Assets Total-$1,679-
Liabilities
Other Liabilities-$25,000-
Accounts Payable and Accrued Expenses-$21,884-
Total Liabilities$0$46,884▲ $46,884
Net Assets / Fund Balance
Unrestricted Net Assets$1,262,092$1,088,504▼ $173,588
Total Net Assets Fund Balance$1,262,092$1,088,504▼ $173,588
Total Liabilities and Net Assets / Fund Balance$1,262,092$1,135,388▼ $126,704

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,374$214,710-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cheri K HendersonPresidentFT$150,000$150,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$545,874
Program Service Revenue
$129,954
Investment Income
$1,131
Other Revenue
$10,444
All Other Contributions
$166,291
Change in Net Assets
$-118,446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$511,110
Salaries, Compensation, and Employee Benefits$294,739
Total Fundraising Expense$127,181
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$135,000$15,000-$150,000
Other Salaries and Wages$82,873$37,484-$120,357
All Other Expenses$6,033$36,945-$42,978
Travel$14,760$26,120-$40,880
Occupancy-$39,954-$39,954
Insurance$11,015$16,687-$27,702
Payroll Taxes$16,493$1,427-$17,920
Conferences and Meetings$2,365$11,963-$14,328
Other Expenses$13,484$51,345$127,181$13,484
Fees for Services Accounting-$13,000-$13,000
Other Employee Benefits$273$6,189-$6,462
Depreciation Depletion-$6,027-$6,027
Fees for Services Legal-$4,200-$4,200
Total Functional Expenses$412,327$266,341$127,181$805,849
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$209,030
Fundraising Direct Expenses$198,586
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Market Place$93,664$93,664$92,179$1,485
Business Gateway Expo$46,665$46,665$41,127$5,538
Total Events$209,030$209,030$198,586$10,444
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Education Fund$25,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

Form 990 reveiw by executive committee prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available on the organizations website and various monitoring organizations websites.

Filing and Contact Details

Filer

Filer Name
Tristate Minority Supplier Development
EIN
62-1086913
Phone
6152594699
Address
220 ATHENS WAY PLAZA I BLDG, NASHVILLE, TN 37228

Signing Officer

Name
Cheri K Henderson
Title
President
Signed
2016-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
1979
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
9
Employees
4
Volunteers
25

Preparer

Firm
Hoskins & Company PC
Address
1900 Church Street Suite 200, Nashville, TN 37203
Preparer
Harvey E Hoskins CPA
Phone
6153217333
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IRS990/OtherExpensesGrp/TotalAmt222944
IRS990/OtherExpensesGrp/TotalAmt313484
IRS990/OtherLiabilitiesGrp/EOYAmt025000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt037484
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082873
IRS990/OtherSalariesAndWagesGrp/TotalAmt0120357
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01427
IRS990/PayrollTaxesGrp/ProgramServicesAmt016493
IRS990/PayrollTaxesGrp/TotalAmt017920
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0-55142
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0129954
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129954
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03869
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0837
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0456486
IRS990/PYProgramServiceRevenueAmt01022708
IRS990/PYRevenuesLessExpensesAmt0230725
IRS990/PYSalariesCompEmpBnftPaidAmt0340203
IRS990/PYTotalExpensesAmt0796689
IRS990/PYTotalRevenueAmt01027414
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-118446
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0214568
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01188902
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0288555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0122128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051379
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0108422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0108335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0678819
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0661
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02900
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06317
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011010
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98400
IRS990ScheduleA/PublicSupportPY170Pct00.97210
IRS990ScheduleA/PublicSupportTotal170Amt0678819
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0288555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0122128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051379
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0108422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0108335
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0678819
IRS990ScheduleA/TotalSupportAmt0689829
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt037374
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0214710
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0252084
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Education Fund
IRS990ScheduleD/TotalBookValueLandBuildingsAmt037374
IRS990ScheduleD/TotalLiabilityAmt025000
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0198586
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MARKET PLACE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BUSINESS GATEWAY EXPO
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt093664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt046665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt068701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0209030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt093664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt046665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt068701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0209030
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010444
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt065280
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0198586
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt092179
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt041127
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/LicensedStatesCd0TN
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Conduct a scholarship banquet
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 REVEIW BY EXECUTIVE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE ON THE ORGANIZATIONS WEBSITE AND VARIOUS MONITORING ORGANIZATIONS WEBSITES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01262092
IRS990/TotalAssetsEOYAmt01135388
IRS990/TotalAssetsGrp/BOYAmt01262092
IRS990/TotalAssetsGrp/EOYAmt01135388
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0545874
IRS990/TotalEmployeeCnt04

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.01$2.04$0.83$0.59$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.82$0.02$1.80$0.92$0.60$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.01$1.48$0.81$0.64$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.13$1.30$0.76$0.50$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.16$1.14$0.69$0.55$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.14$0.94$0.63$0.65$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.11$0.95$0.58$0.64$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.06$1.02$0.63$0.65$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.03$0.98$0.54$0.65$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.05$1.09$0.69$0.81$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$1.03$0.80$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.87$0.04$0.83$0.54$0.55$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.06$0.84$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.00$0.86$0.74