Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Tennessee Minority Purchasing Council Education Foundation
990EZ • Fiscal year 2023 • EIN 62-1533810
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
22nd percentile
Faster revenue growth than 22% of similar nonprofits.
Balance Sheet
Assets
Down$188,177
Down $21,723 (-10%) from 2022
Net Assets
Up$187,661
Up $7,041 (+3.9%) from 2022
Liabilities
Down$516
Down $28,764 (-98%) from 2022
Revenue And Expenses
Revenue
Down$100,386
Down $30,769 (-23%) from 2022
Expenses
Down$85,845
Down $37,193 (-30%) from 2022
Net Income
Up$14,541
Up $6,424 (+79%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 13, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $100,386
Mission and Program Overview
Mission
Enhance educ opportunities for students
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE EDUCATION FOUNDATION WAS CREATED TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR AT-RISK GRADUATING HIGH SCHOOL SENIORS IN DAVIDSON COUNTY | - | $85,845 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHERI HENDERSON | President And CEO | PT | $0 | - | - |
| RICHARD MANSON | Director | - | $0 | - | - |
| DERRICK DOWELL | Administrator | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Tmsdc Education Foundation
- EIN
- 62-1533810
- Address
- METROCENTER PLZ 1 BLD 220 ATHENS WY, NASHVILLE, TN 37228
Signing Officer
- Name
- Cheri Henderson
- Title
- President and C
- Phone
- 6157260586
- Signed
- 2024-11-13
- Discuss with paid preparer
- No
Preparer
- Firm
- Dimeta Smith CPA LLC
- Address
- 3354 PERIMETER HILL DR STE 112, Nashville, TN 37211
- Preparer
- Dimeta Smith Knight CPA
- Phone
- 6159531167
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity SCHOLARSHIPS Grantee GEORGIA INSTITUTE OF TECHNOLOGY Amount 7,500Activity SCHOLARSHIPS Grantee UNIVERSITY OF MISSISSIPPI Amount 5,650Activity SCHOLARSHIPS Grantee TENNESSEE STATE UNIVERSITY Amount 11,620Activity SCHOLARSHIPS Grantee LOYOLA UNIVERSITY - CHICAGO Amount 5,000Activity SCHOLARSHIPS Grantee UNIVERSITY OF KENTUCKY Amount 5,064Activity SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Amount 5,666Activity SCHOLARSHIPS Grantee WESTERN KENTUCKY UNIVERSITY Amount 9,848Activity SCHOLARSHIPS Grantee KENTUCKY STATE UNIVERSITY Amount 13,500Activity SCHOLARSHIPS Grantee ALL OTHER UNDER $5000 Amount 15,644”
Description of other expenses Part I line 16
“Description AmountFEES 210SUBSCRIPTIONS 743”
Other changes in net assets or fund balances Part I line 20
“Description AmountPRIOR PERIOD ADJUSTMENTS - A/R (7,500)”
Description of other assets Part II line 24
“Category Beginning of Year End of YearACCOUNTS RECEIVABLE 7,500 0”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearACCOUNTS PAYABLE 450 516ADMIN COST DUE TO TSMSDC 28,830 0”
Raw XML Appendix159 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHERI HENDERSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6152594699 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | METROCENTER PLZ 1 BLD 220 ATHENS WY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NASHVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37228 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 202400 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 188177 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 100000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 14541 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5400 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 209900 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 188177 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 79492 |
| IRS990EZ/GrossReceiptsAmt | 0 | 100386 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 386 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 180620 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 187661 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 180620 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 187661 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHERI HENDERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD MANSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DERRICK DOWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT AND CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | ADMINISTRATOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 7500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -7500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 953 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ENHANCE EDUC OPPORTUNITIES FOR STUDENTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE EDUCATION FOUNDATION WAS CREATED TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR AT-RISK GRADUATING HIGH SCHOOL SENIORS IN DAVIDSON COUNTY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 85845 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 29280 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 516 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 85845 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 85845 |
| IRS990EZ/TotalRevenueAmt | 0 | 100386 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.tmsdc.net |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 130770 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 143717 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 103500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 122056 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 600043 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 386 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 385 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 771 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 386 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 385 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 771 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99870 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99720 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 600043 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 130770 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 143717 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 103500 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 122056 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 600043 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 100386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 131155 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 143717 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 103500 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 122056 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 600814 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity SCHOLARSHIPS Grantee GEORGIA INSTITUTE OF TECHNOLOGY Amount 7,500Activity SCHOLARSHIPS Grantee UNIVERSITY OF MISSISSIPPI Amount 5,650Activity SCHOLARSHIPS Grantee TENNESSEE STATE UNIVERSITY Amount 11,620Activity SCHOLARSHIPS Grantee LOYOLA UNIVERSITY - CHICAGO Amount 5,000Activity SCHOLARSHIPS Grantee UNIVERSITY OF KENTUCKY Amount 5,064Activity SCHOLARSHIPS Grantee UNIVERSITY OF TENNESSEE Amount 5,666Activity SCHOLARSHIPS Grantee WESTERN KENTUCKY UNIVERSITY Amount 9,848Activity SCHOLARSHIPS Grantee KENTUCKY STATE UNIVERSITY Amount 13,500Activity SCHOLARSHIPS Grantee ALL OTHER UNDER $5000 Amount 15,644 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountFEES 210SUBSCRIPTIONS 743 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountPRIOR PERIOD ADJUSTMENTS - A/R (7,500) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearACCOUNTS RECEIVABLE 7,500 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Category Beginning of Year End of YearACCOUNTS PAYABLE 450 516ADMIN COST DUE TO TSMSDC 28,830 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Cheri Henderson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT AND C |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6157260586 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TMSDC EDUCATION FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TMSD |
| ReturnHeader/Filer/EIN | 0 | 621533810 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | METROCENTER PLZ 1 BLD 220 ATHENS WY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NASHVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37228 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 272443905 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DIMETA SMITH CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3354 PERIMETER HILL DR STE 112 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Nashville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 37211 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6159531167 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Dimeta Smith Knight CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T13:41:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $188,177
- Liabilities
- $516
- Net assets
- $187,661
- Revenue
- $100,386
- Expenses
- $85,845
- Net income
- $14,541
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