Civic Intelligence

Tennessee Minority Purchasing Council Education Foundation

990EZ • Fiscal year 2019 • EIN 62-1533810

Jan 01, 2019 to Dec 31, 2019 • Filed on May 11, 2020

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

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

0.77x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

58th percentile

6.7%

Faster asset growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$318,210

Up $20,075 (+6.7%) from 2018

Net Assets

Down

$208,190

Down $16,598 (-7.4%) from 2018

Liabilities

Up

$110,020

Up $36,673 (+50%) from 2018

Revenue

Up

$142,941

Up $29,644 (+26%) from 2018

Expenses

Up

$159,539

Up $51,836 (+48%) from 2018

Net Income

Down

-$16,598

Down $22,192 (-397%) from 2018

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

2019

Assets$318,210
Liabilities$110,020
Net Assets$208,190

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

2019

Revenue$142,941
Expenses$159,539
Net Income-$16,598
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 11, 2020
Return Version
2019v5.1
Gross Receipts
$142,941
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-$122,056
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 K Henderson
Title
President
Phone
6152594699
Signed
2020-05-11
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

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 3,034Activity SCHOLARSHIP FOR STUDENT Grantee UNIVERSITY OF ALABAMA AT BIRMINGHAMStreet 1720 UNIVERSITY BLVD City, State, Zip Birmingham, AL 35294Relationship STUDENT SCHOLARSHIPS Amount 7,000Activity SCHOLARSHIP FOR FOR STUDENT Grantee VANDERBILIT UNIVERSITY Street 2201 WEST END AVE City, State, Zip Nashville, TN 37235Relationship STUDENT SCHOLARSHIPS Amount 3,000Activity STUDENT SCHOLARSHIPS Grantee MIDDLE TN STATE UNIVERSITY Street 1301 E MAIN ST City, State, Zip Murfreesboro, TN 37132Relationship STUDENT SCHOLARSHIPS Amount 20,261Activity STUDENT SCHOLARSHIP Grantee BELMONT UNIVERSITY Street 1900 BELMONT BLVD City, State, Zip Nashville, TN 37212Relationship STUDENT SCHOLARSHIP Amount 5,000Activity STUDENT SCHOLARSHIP Grantee CUMBERLAND UNIVERSITY Street 1 CUMBERLAND SQUARE City, State, Zip Lebanon, TN 37087Relationship STUDENT SCHOLARSHIPS Amount 6,000Activity STUDENT SCHOLARSHIP Grantee FISK UNIVERSITY Street 1000 17TH AVE N City, State, Zip Nashville, TN 37208Relationship STUDENT SCHOLARSHIPS Amount 7,672Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Street 1315 CIR PARK DR City, State, Zip Knoxville, TN 37916Relationship STUDENT SCHOLARSHIPS Amount 15,260Activity STUDENT SCHOLARSHIPS Grantee UNION UNIVERSITY Street 1050 UNION UNIVERSITY DR City, State, Zip Jackson, TN 38305Relationship STUDENT SCHOLARSHIPS Amount 2,500Activity STUDENT SCHOLARSHIPS Grantee TREVECCA NAZERNE UNIVERSITY Street 333 MURFREESBORO PIKE City, State, Zip Nashville, TN 37210Relationship STUDENT SCHOLARSHIPS Amount 11,662Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF MEMPHIS Street 101 WILDER TOWER City, State, Zip Memphis, TN 38152Relationship STUDENT SCHOLARSHIPS Amount 20,500Activity STUDENT SCHOLARSHIPS Grantee ECKERD COLLEGE Street 4200 54TH AVE S City, State, Zip Saint Petersburg, FL 33711Relationship STUDENT SCHOLARSHIPS Amount 3,750Activity 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 6,667Activity STUDENT SCHOLARSHIPS Grantee RHODES COLLEGE Street 2000 NORTH PKWY City, State, Zip Memphis, TN 38112Relationship STUDENT SCHOLARSHIPS Amount 3,750Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE CHATTANOOGAStreet 615 MCCALLIE AVE City, State, Zip Chattanooga, TN 37403Relationship STUDENT SCHOLARSHIP Amount 2,000

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 88,510 136,520

Description of total liabilities Part II line 26

Category Beginning of Year End of YearADMIN COSTS DUE TO TSMSDC 73,347 110,020

Raw XML Appendix191 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/ExplanationTxt0Activity 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 3,034Activity SCHOLARSHIP FOR STUDENT Grantee UNIVERSITY OF ALABAMA AT BIRMINGHAMStreet 1720 UNIVERSITY BLVD City, State, Zip Birmingham, AL 35294Relationship STUDENT SCHOLARSHIPS Amount 7,000Activity SCHOLARSHIP FOR FOR STUDENT Grantee VANDERBILIT UNIVERSITY Street 2201 WEST END AVE City, State, Zip Nashville, TN 37235Relationship STUDENT SCHOLARSHIPS Amount 3,000Activity STUDENT SCHOLARSHIPS Grantee MIDDLE TN STATE UNIVERSITY Street 1301 E MAIN ST City, State, Zip Murfreesboro, TN 37132Relationship STUDENT SCHOLARSHIPS Amount 20,261Activity STUDENT SCHOLARSHIP Grantee BELMONT UNIVERSITY Street 1900 BELMONT BLVD City, State, Zip Nashville, TN 37212Relationship STUDENT SCHOLARSHIP Amount 5,000Activity STUDENT SCHOLARSHIP Grantee CUMBERLAND UNIVERSITY Street 1 CUMBERLAND SQUARE City, State, Zip Lebanon, TN 37087Relationship STUDENT SCHOLARSHIPS Amount 6,000Activity STUDENT SCHOLARSHIP Grantee FISK UNIVERSITY Street 1000 17TH AVE N City, State, Zip Nashville, TN 37208Relationship STUDENT SCHOLARSHIPS Amount 7,672Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Street 1315 CIR PARK DR City, State, Zip Knoxville, TN 37916Relationship STUDENT SCHOLARSHIPS Amount 15,260Activity STUDENT SCHOLARSHIPS Grantee UNION UNIVERSITY Street 1050 UNION UNIVERSITY DR City, State, Zip Jackson, TN 38305Relationship STUDENT SCHOLARSHIPS Amount 2,500Activity STUDENT SCHOLARSHIPS Grantee TREVECCA NAZERNE UNIVERSITY Street 333 MURFREESBORO PIKE City, State, Zip Nashville, TN 37210Relationship STUDENT SCHOLARSHIPS Amount 11,662Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF MEMPHIS Street 101 WILDER TOWER City, State, Zip Memphis, TN 38152Relationship STUDENT SCHOLARSHIPS Amount 20,500Activity STUDENT SCHOLARSHIPS Grantee ECKERD COLLEGE Street 4200 54TH AVE S City, State, Zip Saint Petersburg, FL 33711Relationship STUDENT SCHOLARSHIPS Amount 3,750Activity 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 6,667Activity STUDENT SCHOLARSHIPS Grantee RHODES COLLEGE Street 2000 NORTH PKWY City, State, Zip Memphis, TN 38112Relationship STUDENT SCHOLARSHIPS Amount 3,750Activity STUDENT SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE CHATTANOOGAStreet 615 MCCALLIE AVE City, State, Zip Chattanooga, TN 37403Relationship STUDENT SCHOLARSHIP Amount 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountADMINISTRATIVE EXPENSES REIMB 36,673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearACCOUNTS RECEIVABLE 88,510 136,520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearADMIN COSTS DUE TO TSMSDC 73,347 110,020
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/PreparerPersonGrp/PreparationDt02020-06-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Angelita Dobbs CPA
ReturnHeader/ReturnTs02020-06-12T12:02:27-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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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