Civic Intelligence

Blount Memorial Foundation Inc.

990 • Fiscal year 2018 • EIN 62-1412287

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 27, 2018

907 E Lamar Alexander ParkwayMaryville, TN 37804

(865) 977-5727

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

27th percentile

-5.1%

Higher net margin than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

46th percentile

0.0%

Faster asset growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-29%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,092,073

Up $702 (+0.0%) from 2017

Net Assets

Up

$2,081,967

Up $5,771 (+0.3%) from 2017

Liabilities

Down

$10,106

Down $5,069 (-33%) from 2017

Revenue

Down

$501,858

Down $204,813 (-29%) from 2017

Expenses

Up

$527,565

Up $8,521 (+1.6%) from 2017

Net Income

Down

-$25,707

Down $213,334 (-114%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $45,108Liabilities 2010: $0Net Assets 2010: $45,1082010Assets 2011: $89,022Liabilities 2011: $0Net Assets 2011: $89,0222011Assets 2012: $64,015Liabilities 2012: $0Net Assets 2012: $64,0152012Assets 2013: $45,767Liabilities 2013: $0Net Assets 2013: $45,7672013Assets 2014: $75,155Liabilities 2014: $0Net Assets 2014: $75,1552014Assets 2015: $22,922Liabilities 2015: $0Net Assets 2015: $22,9222015Assets 2016: $1,755,132Liabilities 2016: $0Net Assets 2016: $1,755,1322016Assets 2017: $2,091,371Liabilities 2017: $15,175Net Assets 2017: $2,076,1962017Assets 2018: $2,092,073Liabilities 2018: $10,106Net Assets 2018: $2,081,9672018Assets 2019: $2,217,420Liabilities 2019: $7,952Net Assets 2019: $2,209,4682019Assets 2020: $2,295,775Liabilities 2020: $7,394Net Assets 2020: $2,288,3812020Assets 2021: $2,997,838Liabilities 2021: $50,954Net Assets 2021: $2,946,8842021Assets 2022: $2,817,285Liabilities 2022: $25,000Net Assets 2022: $2,792,2852022Assets 2023: $2,929,896Liabilities 2023: $18,543Net Assets 2023: $2,911,3532023Assets 2024: $3,349,394Liabilities 2024: $35,306Net Assets 2024: $3,314,0882024

Highlighted filing

2018

Assets$2,092,073
Liabilities$10,106
Net Assets$2,081,967

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $360,546Expenses 2010: $400,986Net Income 2010: -$40,4402010Expenses 2011: $314,3752011Expenses 2012: $427,3592012Expenses 2013: $354,4502013Revenue 2014: $546,017Expenses 2014: $516,629Net Income 2014: $29,3882014Revenue 2015: $276,785Expenses 2015: $329,018Net Income 2015: -$52,2332015Revenue 2016: $547,218Expenses 2016: $323,073Net Income 2016: $224,1452016Revenue 2017: $706,671Expenses 2017: $519,044Net Income 2017: $187,6272017Revenue 2018: $501,858Expenses 2018: $527,565Net Income 2018: -$25,7072018Revenue 2019: $350,402Expenses 2019: $221,877Net Income 2019: $128,5252019Revenue 2020: $320,081Expenses 2020: $219,243Net Income 2020: $100,8382020Revenue 2021: $1,397,521Expenses 2021: $1,283,896Net Income 2021: $113,6252021Revenue 2022: $744,212Expenses 2022: $237,125Net Income 2022: $507,0872022Revenue 2023: $424,205Expenses 2023: $470,580Net Income 2023: -$46,3752023Revenue 2024: $457,733Expenses 2024: $320,573Net Income 2024: $137,1602024

Highlighted filing

2018

Revenue$501,858
Expenses$527,565
Net Income-$25,707
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 27, 2018
Return Version
2017v2.3
Gross Receipts
$537,024
Mission and Program Overview

Mission

To provide support and advocacy for programs that promote the health and well-being of the entire community, especially youth, as well as the uninsured and underserved.

To provide support and advocacy for programs that promote the health and well-being of the entire community, especially youth, as well as the uninsured and undeserved.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,666,212$1,994,771▲ $328,559
Cash and Non-Interest-Bearing Accounts$425,159$79,343▼ $345,816
Pledges and Grants Receivable-$17,959-
Total Assets$2,091,371$2,092,073▲ $702
Liabilities
Other Liabilities$15,175--
Accounts Payable and Accrued Expenses-$10,106-
Total Liabilities$15,175$10,106▼ $5,069
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,177,500$1,198,731▲ $21,231
Unrestricted Net Assets$898,696$883,236▼ $15,460
Total Net Assets Fund Balance$2,076,196$2,081,967▲ $5,771
Total Liabilities and Net Assets / Fund Balance$2,091,371$2,092,073▲ $702

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,177,500-▲ $27,293-$1,198,731
2016$1,062,754-▲ $120,315-$1,177,500
2015$1,074,686-▼ $8,121-$1,062,574
2014$1,060,420-▲ $33,324-$1,074,686
2013$935,838-▲ $142,682-$1,060,420
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert RedwinePresident
Carolyn ForsterBoard Member
Clarence WilliamsBoard Member
David CockrillBoard Member
Denny MayesBoard Member
Francis Gross Ed DBoard Member
Scott PowellBoard Member
Stephen Kiefer MdBoard Member
David PesterfieldVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$442,555
Program Service Revenue
$0
Investment Income
$79,294
Other Revenue
$-19,991
All Other Contributions
$193,269
Change in Net Assets
$-25,707

Audited Revenue Reconciliation

Revenue per Audited Statements
$501,858
Total Revenue per Audited Statements
$501,858
Total Revenue per Form 990
$501,858
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$505,148
Other Expenses$22,417
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$505,148--$505,148
Fees for Service Investment Mgmnt Fees-$10,037-$10,037
Fees for Services Accounting-$7,250-$7,250
Other Expenses$1,503$1,503-$3,006
Office Expenses$1,062$1,062-$2,124
Total Functional Expenses$507,713$19,852$0$527,565

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$527,565
Total Expenses per Audited Statements$527,565
Total Expenses per Form 990$527,565
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Blount Memorial HospitalMaryville, TN115To Support Operation$505,148
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$35,166
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Classic$44,239-$21,863-
Sassafras Ball$32,486-$4,776-
Total Events$84,385-$35,166$-35,166
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 was provided to each board member. The return was reviewed prior to the filing of the tax return.

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

Forms are completed in december of each year and kept on file.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Blount Memorial Foundation
EIN
62-1412287
Phone
8659775727
Address
907 E LAMAR ALEXANDER PARKWAY, MARYVILLE, TN 37804

Signing Officer

Name
Jonathan Smith
Title
CFO
Phone
8659775727
Signed
2018-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Smith
Formed
1990
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Rodefer Moss & Co Pllc
Address
608 MABRY HOOD RD STE 300, KNOXVILLE, TN 37932-2615
Preparer
Jared T Hubbard CPA
Phone
8655830091
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

The organization has a committee that assumes responsibility for oversight of the audit of the organizations financial statements and the selection of an independent accountant. The process this committee employs to meet its responsibilities concerning these matters has not changed from the prior years.

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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0120315
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03811
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt018100
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01060420
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
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IRS990ScheduleD/TotalRevenuePerForm990Amt0501858
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt032486
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF CLASSIC
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SASSAFRAS BALL
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IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0505148
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT OPERATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BLOUNT MEMORIAL HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientEIN0620505512
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0907 E LAMAR ALEXANDER PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MARYVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037804
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BLOUNT MEMORIAL HOSPITAL PROVIDES MEDICAL CARE TO THE COMMUNITY OF BLOUNT COUNTY AND SURROUNDING COUNTIES. THE BOARD MEMBERS OF THE FOUNDATION ARE ALSO BOARD MEMBERS OF BLOUNT MEMORIAL HOSPITAL AND CAN ENSURE THAT THE FUNDS ARE ONLY USED IN THE UNITED STATES, SPECIFICALLY IN BLOUNT COUNTY, TENNESSEE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 WAS PROVIDED TO EACH BOARD MEMBER. THE RETURN WAS REVIEWED PRIOR TO THE FILING OF THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORMS ARE COMPLETED IN DECEMBER OF EACH YEAR AND KEPT ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATIONS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS THIS COMMITTEE EMPLOYS TO MEET ITS RESPONSIBILITIES CONCERNING THESE MATTERS HAS NOT CHANGED FROM THE PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BLOUNT CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BLOUNT MEMORIAL HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620505512
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE BELOW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0907 E LAMAR ALEXANDER PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MARYVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037804
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0FORM 990, SCHEDULE R, PART II, COLUMN B: TO PROVIDE PRIMARY HEALTH CARE TO THE SURROUNDING COMMUNITIES.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0505148
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BLOUNT MEMORIAL HOSPITAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02091371
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0442555
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019852
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0507713
IRS990/TotalFunctionalExpensesGrp/TotalAmt0527565
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015175
IRS990/TotalLiabilitiesEOYAmt010106
IRS990/TotalLiabilitiesGrp/BOYAmt015175
IRS990/TotalLiabilitiesGrp/EOYAmt010106

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.35$0.04$3.31$0.46$0.32$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.93$0.02$2.91$0.42$0.47$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.82$0.03$2.79$0.74$0.24$0.51
2021Detailed filing. Detailed filing data is available for this year.$3.00$0.05$2.95$1.40$1.28$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.30$0.01$2.29$0.32$0.22$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.22$0.01$2.21$0.35$0.22$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.09$0.01$2.08$0.50$0.53$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.02$2.08$0.71$0.52$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$0.55$0.32$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.28$0.33$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.55$0.52$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.36$0.40$0.04