Civic Intelligence

Jubilee Project Inc.

990 • Fiscal year 2014 • EIN 62-1470979

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 19, 2015

PO Box 657Sneedville, TN 37869

(423) 733-4195

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

64th percentile

9.9%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

54th percentile

4.0%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$371,096

Up $14,234 (+4.0%) from 2013

Net Assets

Up

$370,500

Up $14,239 (+4.0%) from 2013

Liabilities

Down

$596

Down $5 (-0.8%) from 2013

Revenue

Up

$143,801

Up $21,810 (+18%) from 2013

Expenses

Down

$129,562

Down $5,100 (-3.8%) from 2013

Net Income

Up

$14,239

Up $26,910 (+212%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $349,025Liabilities 2010: $32,424Net Assets 2010: $316,6012010Assets 2011: $370,620Liabilities 2011: $3,500Net Assets 2011: $367,1202011Assets 2012: $369,327Liabilities 2012: $395Net Assets 2012: $368,9322012Assets 2013: $356,862Liabilities 2013: $601Net Assets 2013: $356,2612013Assets 2014: $371,096Liabilities 2014: $596Net Assets 2014: $370,5002014Assets 2015: $393,474Liabilities 2015: $4,952Net Assets 2015: $388,5222015Assets 2016: $376,711Liabilities 2016: $801Net Assets 2016: $375,9102016Assets 2017: $369,329Liabilities 2017: $746Net Assets 2017: $368,5832017Assets 2018: $378,025Liabilities 2018: $751Net Assets 2018: $377,2742018Assets 2019: $403,291Liabilities 2019: $543Net Assets 2019: $402,7482019Assets 2020: $408,144Liabilities 2020: $865Net Assets 2020: $407,2792020Assets 2021: $394,658Liabilities 2021: $514Net Assets 2021: $394,1442021Assets 2022: $379,757Liabilities 2022: -$243Net Assets 2022: $380,0002022Assets 2023: $343,452Liabilities 2023: $125Net Assets 2023: $343,3272023Assets 2024: $336,020Liabilities 2024: $114Net Assets 2024: $335,9062024

Highlighted filing

2014

Assets$371,096
Liabilities$596
Net Assets$370,500

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $349,4622010Expenses 2011: $145,7492011Expenses 2012: $116,9452012Revenue 2013: $121,991Expenses 2013: $134,662Net Income 2013: -$12,6712013Revenue 2014: $143,801Expenses 2014: $129,562Net Income 2014: $14,2392014Revenue 2015: $195,251Expenses 2015: $177,229Net Income 2015: $18,0222015Revenue 2016: $132,259Expenses 2016: $144,871Net Income 2016: -$12,6122016Revenue 2017: $138,772Expenses 2017: $153,299Net Income 2017: -$14,5272017Revenue 2018: $164,174Expenses 2018: $155,879Net Income 2018: $8,2952018Revenue 2019: $187,203Expenses 2019: $161,729Net Income 2019: $25,4742019Revenue 2020: $145,666Expenses 2020: $138,689Net Income 2020: $6,9772020Revenue 2021: $123,483Expenses 2021: $136,619Net Income 2021: -$13,1362021Revenue 2022: $133,277Expenses 2022: $147,421Net Income 2022: -$14,1442022Revenue 2023: $106,349Expenses 2023: $129,981Net Income 2023: -$23,6322023Revenue 2024: $91,169Expenses 2024: $98,666Net Income 2024: -$7,4972024

Highlighted filing

2014

Revenue$143,801
Expenses$129,562
Net Income$14,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 19, 2015
Return Version
2014v5.0
Gross Receipts
$147,005
Mission and Program Overview

Mission

A faith-based nonprofit organization dedicated to

A faith-based nonprofit organization dedicated to meeting the needs of people and sowing the seeds of change for better lives in the poorest and most rural regions of Appalachia in East TN. Our programs target the elderly and youth around core values of food, security, shelter, access to clean water, health, self-worth, and the love of Jesus Christ

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$241,197$225,136▼ $16,061
Savings and Temporary Cash Investments$115,665$145,557▲ $29,892
Accounts Receivable-$403-
Total Assets$356,862$371,096▲ $14,234
Liabilities
Other Liabilities$601$596▼ $5
Total Liabilities$601$596▼ $5
Net Assets / Fund Balance
Unrestricted Net Assets$343,055$345,264▲ $2,209
Temporarily Rstr Net Assets$13,206$25,236▲ $12,030
Total Net Assets Fund Balance$356,261$370,500▲ $14,239
Total Liabilities and Net Assets / Fund Balance$356,862$371,096▲ $14,234

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$177,113$142,955$320,068
Equipment$9,822$32,080$41,902
Land$38,000-$38,000
Other Land Buildings$201$5,819$6,020
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sally MorrisChair
Ryan DavenportVice-Chair
Alonzo CollinsDirector
Betty PurkeyDirector
Bill CampbellDirector
Bill SealDirector
Danny HoweDirector
Dennis LoyDirector
Jim NooneDirector
Katie TownsendDirector
Machelle PettiecordDirector
Pam WellsDirector
Phyllis RipleyDirector
Ryan MartinDirector
Sheldon LivesayDirector
Sydney SealDirector
Wanda SealsDirector
Cindy RheaSecretary
Peggy DaltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$125,974
Program Service Revenue
$0
Investment Income
$17,827
Other Revenue
$0
All Other Contributions
$124,064
Change in Net Assets
$14,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,875
Salaries, Compensation, and Employee Benefits$22,687
Total Fundraising Expense$302
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$8,906$30,000$0$38,906
Other Salaries and Wages$0$20,239$0$20,239
Depreciation Depletion$0$12,859$0$12,859
Insurance$239$12,033$0$12,272
Occupancy$3,852$7,530$0$11,382
Other Expenses$4,768$1,461$0$6,229
Payroll Taxes$0$2,448$0$2,448
Office Expenses$0$1,322$0$1,322
Conferences and Meetings$947$0$0$947
Fees for Services Accounting$0$675$0$675
Total Functional Expenses$37,474$91,786$302$129,562
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
Payroll liabilities$596
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Jubilee Project Inc
EIN
62-1470979
Phone
4237334195
Address
PO Box 657, Sneedville, TN 37869

Signing Officer

Name
Sally Morris
Title
Chairman
Phone
4237334195
Signed
2015-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sally Morris
Formed
1991
Legal Domicile
Tn
Voting Board Members
19
Independent Board Members
19
Employees
1
Volunteers
969

Preparer

Firm
Sara H Knight CPA
Address
425 Meadowbreeze Rd, Corryton, TN 37721
Preparer
Sara Hknight
Phone
8659926187
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Report is emailed to all board members prior to filing.

Pt VI, Line 12C

Board monitors activity with knowledge of disclosures from all board members and employees.

Pt XII, Line 1

The accounting basis of mondified cash basis is consistent with prior years.

Form 990EZ, Part II, Line 24

Accounts receivable employee advances grants receivable

Form 990EZ, Part II, Line 26

Accounts payable mortgage & other notes payable payroll taxes payable

Form 990, Part III, Line 4D

Living waters - program bringing clean drinking water 6633. 0. 0.

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IRS990/ProgSrvcAccomActy3Grp/Desc0YOUTH PROGRAMS - GIVE YOUNG PEOPLE THE OPPORTUNITY TO GROW IN FAITH THROUGH SERVICE TO OTHERS IN A COMMUNITY PLAGUED BY IDLE TIME AND DRUG AND ALCOHOL ABUSE. YOUTH MEET MULTIPLE TIMES PER WEEK FOR HOMEWORK HELP, BIBLE STUDY, SERVICE PROJECTS, AND YOUTH GATHERINGS. SOLD HANDBELL SET WE PREVIOUSLY USED TO ANOTHER YOUTH ORGANIZATION. WE ALSO TAUGHT A NUTRITIONAL COOKING CLASS TO ALL THE YOUTH STRESSING HEALTHY EATING AND HOW TO DO THAT WITH A LOW INCOME BUDGET. WORKING WITH THE YOUTH WITH TEAM BUIL
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03817
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Living waters - Program bringing clean drinking water to those in our area that are without. 360 gallons to those in our area that are without. 360 gallons to those in our area that are without. 360 gallons to those in our area that are without. 360 gallons
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06633
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0111445
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010546
IRS990/PYOtherExpensesAmt0111168
IRS990/PYRevenuesLessExpensesAmt0-12671
IRS990/PYSalariesCompEmpBnftPaidAmt023494
IRS990/PYTotalExpensesAmt0134662
IRS990/PYTotalRevenueAmt0121991
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt014239
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0115665
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0145557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0111445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0118148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0191470
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0331110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0878147
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0409
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0634
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01650
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02955
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09084
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99660
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99670
IRS990ScheduleA/PublicSupportTotal170Amt0878147
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0125974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0111445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0118148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0191470
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0331110
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0878147
IRS990ScheduleA/TotalSupportAmt0881102
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0177113
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0142955
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0320068
IRS990ScheduleD/EquipmentGrp/BookValueAmt09822
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032080
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041902
IRS990ScheduleD/LandGrp/BookValueAmt038000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0201
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05819
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0596
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0225136
IRS990ScheduleD/TotalLiabilityAmt0596
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Report is emailed to all board members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board monitors activity with knowledge of disclosures from all board members and employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The accounting basis of mondified cash basis is consistent with prior years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE EMPLOYEE ADVANCES GRANTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE MORTGAGE & OTHER NOTES PAYABLE PAYROLL TAXES PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LIVING WATERS - PROGRAM BRINGING CLEAN DRINKING WATER 6633. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III, Line 4d
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt013206
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025236
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0356862
IRS990/TotalAssetsEOYAmt0371096
IRS990/TotalAssetsGrp/BOYAmt0356862
IRS990/TotalAssetsGrp/EOYAmt0371096
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0125974
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0302
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091786
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037474
IRS990/TotalFunctionalExpensesGrp/TotalAmt0129562
IRS990/TotalGrossUBIAmt00
IRS990/TotalJointCostsGrp/FundraisingAmt00
IRS990/TotalJointCostsGrp/ManagementAndGeneralAmt00
IRS990/TotalJointCostsGrp/ProgramServicesAmt00
IRS990/TotalJointCostsGrp/TotalAmt00
IRS990/TotalLiabilitiesBOYAmt0601
IRS990/TotalLiabilitiesEOYAmt0596
IRS990/TotalLiabilitiesGrp/BOYAmt0601
IRS990/TotalLiabilitiesGrp/EOYAmt0596
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0356261
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0370500
IRS990/TotalOtherProgSrvcExpenseAmt06633
IRS990/TotalProgramServiceExpensesAmt037474
IRS990/TotalRevenueGrp/ExclusionAmt017827
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0143801
IRS990/TotalVolunteersCnt0969
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0356862
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0371096
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0343055
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0345264
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 657
IRS990/USAddress/CityNm0Sneedville
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037869

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.36$0.00$3.36$0.91$0.99$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$1.06$1.30$0.24
2022Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$1.33$1.47$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.95$0.01$3.94$1.23$1.37$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.08$0.01$4.07$1.46$1.39$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.03$0.01$4.03$1.87$1.62$0.25
2018Detailed filing. Detailed filing data is available for this year.$3.78$0.01$3.77$1.64$1.56$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.69$0.01$3.69$1.39$1.53$0.15
2016Detailed filing. Detailed filing data is available for this year.$3.77$0.01$3.76$1.32$1.45$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.93$0.05$3.89$1.95$1.77$0.18
2014Detailed filing. Detailed filing data is available for this year.$3.71$0.01$3.71$1.44$1.30$0.14
2013Detailed filing. Detailed filing data is available for this year.$3.57$0.01$3.56$1.22$1.35$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.00$3.69$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.04$3.67$1.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$0.32$3.17$3.49