Civic Intelligence

Tennessee Minority Purchasing Council Education Foundation

990EZ • Fiscal year 2018 • EIN 62-1533810

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

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

85th percentile

0.25x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

0.65x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

54th percentile

4.9%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

5.4%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$298,135

Up $42,268 (+17%) from 2017

Net Assets

Up

$224,788

Up $5,594 (+2.6%) from 2017

Liabilities

Up

$73,347

Up $36,674 (+100%) from 2017

Revenue

Up

$113,297

Up $5,789 (+5.4%) from 2017

Expenses

Down

$107,703

Down $7,360 (-6.4%) from 2017

Net Income

Up

$5,594

Up $13,149 (+174%) from 2017

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

2018

Assets$298,135
Liabilities$73,347
Net Assets$224,788

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

2018

Revenue$113,297
Expenses$107,703
Net Income$5,594
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$113,297
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-$70,530
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHERI HENDERSONPresident & CEOPT$0--
RICHARD MANSONDirector-$0--
HERMAN WILLIAMSDirector-$0--
KIMBERLY STAGGDirector-$0--
STANDFORD WILLIAMSDirector-$0--
MARIA TERESA VAZQUEZDirector-$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
2019-05-10
Discuss with paid preparer
Yes

Preparer

Firm
SPD CPAs
Address
4121 Clarksville Pike, Nashville, TN 37218
Preparer
Angelita Dobbs CPA
Phone
6158913012
Supplemental Narrative

Additional Explanations

Amended return information

The additional information is related to funds received from the TriState Minority Supplier Development Council that were funds due to the Education Foundation for Scholarship Donations.

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 500Activity SCHOLARSHIP FOR STUDENT Grantee SALEM COLLEGE Street 601 S CHURCH STREET City, State, Zip Winston Salem, NC 27101Relationship STUDENT SCHOLARSHIPS Amount 2,822Activity STUDENT SCHOLARSHIPS Grantee MIDDLE TN STATE UNIVERSITY Street 1301 E MAIN ST City, State, Zip Murfreesboro, TN 37132Relationship STUDENT SCHOLARSHIPS Amount 1,288Activity STUDENT SCHOLARSHIP Grantee UNIVERSITY OF TENNESSEE CHATTANOOGAStreet 615 MCCALLIE AVE City, State, Zip Chattanooga, TN 37403Relationship STUDENT SCHOLARSHIP Amount 2,000Activity STUDENT SCHOLARSHIP Grantee TENNESSEE STATE UNIVERSITY Street 3500 JOHN A. MERRITT BLVD City, State, Zip Nashville, TN 37209Relationship STUDENT SCHOLARSHIPS Amount 8,916Activity STUDENT SCHOLARSHIP Grantee TENNESSEE TECH UNIVERSITY Street 1 WILLIAM L JONES DR City, State, Zip Cookeville, TN 38505Relationship STUDENT SCHOLARSHIPS Amount 3,930Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Street 1315 CIR PARK DR City, State, Zip Knoxville, TN 37916Relationship STUDENT SCHOLARSHIPS Amount 19,616Activity STUDENT SCHOLARSHIPS Grantee UNION UNIVERSITY Street 1050 UNION UNIVERSITY DR City, State, Zip Jackson, TN 38305Relationship STUDENT SCHOLARSHIPS Amount 2,250Activity STUDENT SCHOLARSHIPS Grantee WESTERN KENTUCKY UNIVERSITY Street 1906 COLLEGE HEIGHTS BLVD City, State, Zip Bowling Green, KY 42101Relationship STUDENT SCHOLARSHIPS Amount 7,875Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF MEMPHIS Street 101 WILDER TOWER City, State, Zip Memphis, TN 38152Relationship STUDENT SCHOLARSHIPS Amount 9,500Activity STUDENT SCHOLARSHIPS Grantee ECKERD COLLEGE Street 4200 54TH AVE S City, State, Zip Saint Petersburg, FL 33711Relationship STUDENT SCHOLARSHIPS Amount 1,875Activity STUDENT SCHOLARSHIPS Grantee CLARK ATLANTA Street 223 P BRAWLEY DR SW City, State, Zip Atlanta, GA 30314Relationship STUDENT SCHOLARSHIPS Amount 3,500Activity STUDENT SCHOLARSHIPS Grantee MISSISSIPPI STATE UNIVERSITY Street 75 B.S. HOOD ROAD City, State, Zip Mississippi State, MS 39762Relationship STUDENT SCHOLARSHIPS Amount 3,333Activity STUDENT SCHOLARSHIPS Grantee RHODES COLLEGE Street 2000 NORTH PKWY City, State, Zip Memphis, TN 38112Relationship STUDENT SCHOLARSHIPS Amount 3,125

Description of other expenses Part I line 16

Description AmountADMINISTRATIVE EXPENSES REIMB 36,673

Description of other assets Part II line 24

Category Beginning of Year End of YearACCOUNTS RECEIVABLE 47,500 88,510

Description of total liabilities Part II line 26

Category Beginning of Year End of YearADMIN COSTS DUE TO TSMSDC 36,673 73,347

Raw XML Appendix192 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The additional information is related to funds received from the TriState Minority Supplier Development Council that were funds due to the Education Foundation for Scholarship Donations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity SCHOLARSHIP FOR STUDENT Grantee ALABAMA A&M UNIVERSITY Street 4900 MERIDAN STREET City, State, Zip Normal, AL 35762Relationship STUDENT SCHOLARSHIPS Amount 500Activity SCHOLARSHIP FOR STUDENT Grantee SALEM COLLEGE Street 601 S CHURCH STREET City, State, Zip Winston Salem, NC 27101Relationship STUDENT SCHOLARSHIPS Amount 2,822Activity STUDENT SCHOLARSHIPS Grantee MIDDLE TN STATE UNIVERSITY Street 1301 E MAIN ST City, State, Zip Murfreesboro, TN 37132Relationship STUDENT SCHOLARSHIPS Amount 1,288Activity STUDENT SCHOLARSHIP Grantee UNIVERSITY OF TENNESSEE CHATTANOOGAStreet 615 MCCALLIE AVE City, State, Zip Chattanooga, TN 37403Relationship STUDENT SCHOLARSHIP Amount 2,000Activity STUDENT SCHOLARSHIP Grantee TENNESSEE STATE UNIVERSITY Street 3500 JOHN A. MERRITT BLVD City, State, Zip Nashville, TN 37209Relationship STUDENT SCHOLARSHIPS Amount 8,916Activity STUDENT SCHOLARSHIP Grantee TENNESSEE TECH UNIVERSITY Street 1 WILLIAM L JONES DR City, State, Zip Cookeville, TN 38505Relationship STUDENT SCHOLARSHIPS Amount 3,930Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Street 1315 CIR PARK DR City, State, Zip Knoxville, TN 37916Relationship STUDENT SCHOLARSHIPS Amount 19,616Activity STUDENT SCHOLARSHIPS Grantee UNION UNIVERSITY Street 1050 UNION UNIVERSITY DR City, State, Zip Jackson, TN 38305Relationship STUDENT SCHOLARSHIPS Amount 2,250Activity STUDENT SCHOLARSHIPS Grantee WESTERN KENTUCKY UNIVERSITY Street 1906 COLLEGE HEIGHTS BLVD City, State, Zip Bowling Green, KY 42101Relationship STUDENT SCHOLARSHIPS Amount 7,875Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF MEMPHIS Street 101 WILDER TOWER City, State, Zip Memphis, TN 38152Relationship STUDENT SCHOLARSHIPS Amount 9,500Activity STUDENT SCHOLARSHIPS Grantee ECKERD COLLEGE Street 4200 54TH AVE S City, State, Zip Saint Petersburg, FL 33711Relationship STUDENT SCHOLARSHIPS Amount 1,875Activity STUDENT SCHOLARSHIPS Grantee CLARK ATLANTA Street 223 P BRAWLEY DR SW City, State, Zip Atlanta, GA 30314Relationship STUDENT SCHOLARSHIPS Amount 3,500Activity STUDENT SCHOLARSHIPS Grantee MISSISSIPPI STATE UNIVERSITY Street 75 B.S. HOOD ROAD City, State, Zip Mississippi State, MS 39762Relationship STUDENT SCHOLARSHIPS Amount 3,333Activity STUDENT SCHOLARSHIPS Grantee RHODES COLLEGE Street 2000 NORTH PKWY City, State, Zip Memphis, TN 38112Relationship STUDENT SCHOLARSHIPS Amount 3,125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountADMINISTRATIVE EXPENSES REIMB 36,673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearACCOUNTS RECEIVABLE 47,500 88,510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearADMIN COSTS DUE TO TSMSDC 36,673 73,347
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
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ReturnHeader/FilingSecurityInformation/IPTm011:39:45
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ReturnHeader/PreparerPersonGrp/PhoneNum06158913012
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Angelita Dobbs CPA
ReturnHeader/ReturnTs02020-05-11T11:33:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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