Civic Intelligence

Tennessee Minority Purchasing Council Education Foundation

990EZ • Fiscal year 2017 • EIN 62-1533810

Jan 01, 2017 to Dec 31, 2017 • Filed on May 13, 2018

220 Athens WayNashville, TN 37228

(615) 259-4699

Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

27th percentile

-7.0%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

65th percentile

13%

Faster asset growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$255,867

Up $29,118 (+13%) from 2016

Net Assets

Down

$219,194

Down $7,555 (-3.3%) from 2016

Liabilities

Up

$36,673

Up $36,673 from 2016

Revenue

Down

$107,508

Down $15,523 (-13%) from 2016

Expenses

Up

$115,063

Up $42,080 (+58%) from 2016

Net Income

Down

-$7,555

Down $57,603 (-115%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $231,572Liabilities 2011: $0Net Assets 2011: $231,5722011Assets 2012: $202,857Liabilities 2012: $0Net Assets 2012: $202,8572012Assets 2013: $214,917Net Assets 2013: $214,9172013Assets 2014: $172,476Net Assets 2014: $172,4762014Assets 2015: $176,701Net Assets 2015: $176,7012015Assets 2016: $226,749Liabilities 2016: $0Net Assets 2016: $226,7492016Assets 2017: $255,867Liabilities 2017: $36,673Net Assets 2017: $219,1942017Assets 2018: $298,135Liabilities 2018: $73,347Net Assets 2018: $224,7882018Assets 2019: $318,210Liabilities 2019: $110,020Net Assets 2019: $208,1902019Assets 2020: $318,932Liabilities 2020: $146,693Net Assets 2020: $172,2392020Assets 2021: $313,196Liabilities 2021: $140,693Net Assets 2021: $172,5032021Assets 2022: $209,900Liabilities 2022: $29,280Net Assets 2022: $180,6202022Assets 2023: $188,177Liabilities 2023: $516Net Assets 2023: $187,6612023Assets 2024: $170,460Liabilities 2024: $0Net Assets 2024: $170,4602024

Highlighted filing

2017

Assets$255,867
Liabilities$36,673
Net Assets$219,194

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $110,0062011Expenses 2012: $84,8962012Revenue 2013: $108,814Expenses 2013: $96,754Net Income 2013: $12,0602013Revenue 2014: $86,100Expenses 2014: $128,540Net Income 2014: -$42,4402014Revenue 2015: $150,511Expenses 2015: $146,286Net Income 2015: $4,2252015Revenue 2016: $123,031Expenses 2016: $72,983Net Income 2016: $50,0482016Revenue 2017: $107,508Expenses 2017: $115,063Net Income 2017: -$7,5552017Revenue 2018: $113,297Expenses 2018: $107,703Net Income 2018: $5,5942018Revenue 2019: $142,941Expenses 2019: $159,539Net Income 2019: -$16,5982019Revenue 2020: $107,418Expenses 2020: $135,869Net Income 2020: -$28,4512020Revenue 2021: $144,102Expenses 2021: $143,838Net Income 2021: $2642021Revenue 2022: $131,155Expenses 2022: $123,038Net Income 2022: $8,1172022Revenue 2023: $100,386Expenses 2023: $85,845Net Income 2023: $14,5412023Revenue 2024: $89,304Expenses 2024: $106,505Net Income 2024: -$17,2012024

Highlighted filing

2017

Revenue$107,508
Expenses$115,063
Net Income-$7,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 13, 2018
Return Version
2017v2.2
Gross Receipts
$107,508
Mission and Program Overview

Mission

Enhance educ opportunities for students

Program Services

DescriptionGrantsExpenses
THE EDUCATION FOUNDATION WAS ESTABLISHED IN 1994 AS A 501 C 3 NON-PROFIT ORGANIZATION TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR AT-RISK STUDENTS IN THE NASHVILLE SCHOOL DISTRICT-$78,342
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHERI HENDERSONPresidentPT$0--
DEBORAH COLEOfficer-$0--
RICHARD MANSONDirector-$0--
HERMAN WILLIAMSDirector-$0--
KIMBERLY STAGGDirector-$0--
STANDFORD WILLIAMSDirector-$0--
KEITH HAMILTONDirector-$0--
KEEKEE MATHISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Tennessee Minority Purchasing Council Education Fo
EIN
62-1533810
Address
220 ATHENS WAY, Nashville, TN 37228

Signing Officer

Name
Cheri Henderson
Title
President
Phone
6152594699
Signed
2018-05-13
Discuss with paid preparer
No

Preparer

Firm
AL Dobbs PC
Address
PO Box 330862, Nashville, TN 37203
Preparer
Angelita Dobbs
Phone
6153199522
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity SCHOLARSHIP FOR STUDENT Grantee ALABAMA A&M UNIVERSITY Street 4900 MERIDAN STREET City, State, Zip Normal, AL 35762Relationship STUDENT SCHOLARSHIPS Amount 3,506Activity SCHOLARSHIP FOR STUDENT Grantee SALEM COLLEGE Street 601 S CHURCH STREET City, State, Zip Winston Salem, NC 27101Relationship STUDENT SCHOLARSHIPS Amount 5,644Activity SCHOLARSHIP FOR STUDENTS Grantee DUKE UNIVERSITY Street 2138 CAMPUS DRIVE City, State, Zip Durham, NC 27708Relationship STUDENT SCHOLARSHIPS Amount 5,000Activity SCHOLARSHIP FOR STUDENTS Grantee DAVID LIPSCOMB UNIVERSITY Street 1 UNIVERSITY PARK DR City, State, Zip Nashville, TN 37204Relationship STUDENT SCHOLARSHIPS Amount 2,500Activity STUDENT SCHOLARSHIPS Grantee MIDDLE TN STATE UNIVERSITY Street 1301 E MAIN ST City, State, Zip Murfreesboro, TN 37132Relationship STUDENT SCHOLARSHIPS Amount 17,301Activity STUDENT SCHOLARSHIP Grantee UNIVERSITY OF TENNESSEE CHATTANOOGAStreet 615 MCCALLIE AVE City, State, Zip Chattanooga, TN 37403Relationship STUDENT SCHOLARSHIP Amount 7,500Activity STUDENT SCHOLARSHIP Grantee TENNESSEE STATE UNIVERSITY Street 3500 JOHN A. MERRITT BLVD City, State, Zip Nashville, TN 37209Relationship STUDENT SCHOLARSHIPS Amount 11,717Activity STUDENT SCHOLARSHIP Grantee TENNESSEE TECH UNIVERSITY Street 1 WILLIAM L JONES DR City, State, Zip Cookeville, TN 38505Relationship STUDENT SCHOLARSHIPS Amount 3,768Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Street 1315 CIR PARK DR City, State, Zip Knoxville, TN 37916Relationship STUDENT SCHOLARSHIPS Amount 13,281Activity STUDENT SCHOLARSHIPS Grantee UNION UNIVERSITY Street 1050 UNION UNIVERSITY DR City, State, Zip Jackson, TN 38305Relationship STUDENT SCHOLARSHIPS Amount 2,750Activity STUDENT SCHOLARSHIPS Grantee WESTERN KENTUCKY UNIVERSITY Street 1906 COLLEGE HEIGHTS BLVD City, State, Zip Bowling Green, KY 42101Relationship STUDENT SCHOLARSHIPS Amount 5,375

Description of other expenses Part I line 16

Description AmountSUPPLIES 48ADMINISTRATIVE EXPENSES REIMB 36,673

Description of other assets Part II line 24

Category Beginning of Year End of YearACCOUNTS RECEIVABLE 27,500 47,500

Description of total liabilities Part II line 26

Category Beginning of Year End of YearADMIN COSTS DUE TO TSMSDC 0 36,673

Raw XML Appendix178 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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IRS990EZ/PrimaryExemptPurposeTxt0ENHANCE EDUC OPPORTUNITIES FOR STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE EDUCATION FOUNDATION WAS ESTABLISHED IN 1994 AS A 501 C 3 NON-PROFIT ORGANIZATION TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR AT-RISK STUDENTS IN THE NASHVILLE SCHOOL DISTRICT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt078342
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity SCHOLARSHIP FOR STUDENT Grantee ALABAMA A&M UNIVERSITY Street 4900 MERIDAN STREET City, State, Zip Normal, AL 35762Relationship STUDENT SCHOLARSHIPS Amount 3,506Activity SCHOLARSHIP FOR STUDENT Grantee SALEM COLLEGE Street 601 S CHURCH STREET City, State, Zip Winston Salem, NC 27101Relationship STUDENT SCHOLARSHIPS Amount 5,644Activity SCHOLARSHIP FOR STUDENTS Grantee DUKE UNIVERSITY Street 2138 CAMPUS DRIVE City, State, Zip Durham, NC 27708Relationship STUDENT SCHOLARSHIPS Amount 5,000Activity SCHOLARSHIP FOR STUDENTS Grantee DAVID LIPSCOMB UNIVERSITY Street 1 UNIVERSITY PARK DR City, State, Zip Nashville, TN 37204Relationship STUDENT SCHOLARSHIPS Amount 2,500Activity STUDENT SCHOLARSHIPS Grantee MIDDLE TN STATE UNIVERSITY Street 1301 E MAIN ST City, State, Zip Murfreesboro, TN 37132Relationship STUDENT SCHOLARSHIPS Amount 17,301Activity STUDENT SCHOLARSHIP Grantee UNIVERSITY OF TENNESSEE CHATTANOOGAStreet 615 MCCALLIE AVE City, State, Zip Chattanooga, TN 37403Relationship STUDENT SCHOLARSHIP Amount 7,500Activity STUDENT SCHOLARSHIP Grantee TENNESSEE STATE UNIVERSITY Street 3500 JOHN A. MERRITT BLVD City, State, Zip Nashville, TN 37209Relationship STUDENT SCHOLARSHIPS Amount 11,717Activity STUDENT SCHOLARSHIP Grantee TENNESSEE TECH UNIVERSITY Street 1 WILLIAM L JONES DR City, State, Zip Cookeville, TN 38505Relationship STUDENT SCHOLARSHIPS Amount 3,768Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Street 1315 CIR PARK DR City, State, Zip Knoxville, TN 37916Relationship STUDENT SCHOLARSHIPS Amount 13,281Activity STUDENT SCHOLARSHIPS Grantee UNION UNIVERSITY Street 1050 UNION UNIVERSITY DR City, State, Zip Jackson, TN 38305Relationship STUDENT SCHOLARSHIPS Amount 2,750Activity STUDENT SCHOLARSHIPS Grantee WESTERN KENTUCKY UNIVERSITY Street 1906 COLLEGE HEIGHTS BLVD City, State, Zip Bowling Green, KY 42101Relationship STUDENT SCHOLARSHIPS Amount 5,375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountSUPPLIES 48ADMINISTRATIVE EXPENSES REIMB 36,673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearACCOUNTS RECEIVABLE 27,500 47,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearADMIN COSTS DUE TO TSMSDC 0 36,673
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/FilingSecurityInformation/IPTm014:38:43
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 330862
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037203
ReturnHeader/PreparerPersonGrp/PhoneNum06153199522
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Angelita Dobbs
ReturnHeader/ReturnTs02018-08-26T14:36:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$1.70$0.00$1.70$0.89$1.07$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.88$0.01$1.88$1.00$0.86$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.10$0.29$1.81$1.31$1.23$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.13$1.41$1.73$1.44$1.44$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.19$1.47$1.72$1.07$1.36$0.28
2019Detailed filing. Detailed filing data is available for this year.$3.18$1.10$2.08$1.43$1.60$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.98$0.73$2.25$1.13$1.08$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.56$0.37$2.19$1.08$1.15$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$1.23$0.73$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.77$1.77$1.51$1.46$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.72$1.72$0.86$1.29$0.42
2013Detailed filing. Detailed filing data is available for this year.$2.15$2.15$1.09$0.97$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.00$2.32$1.10