Civic Intelligence

Loudon County Education Foundation

990 • Fiscal year 2013 • EIN 62-1725895

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 20, 2014

PO Box 43037774

(865) 458-8749

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

94th percentile

64%

Higher net margin than 94% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

62nd percentile

$36,953

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

96th percentile

124%

Faster asset growth than 96% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

91st percentile

96%

Faster revenue growth than 91% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$657,419

Up $364,439 (+124%) from 2012

Net Assets

Up

$656,870

Up $363,890 (+124%) from 2012

Liabilities

Up

$549

Up $549 from 2012

Revenue

Up

$632,748

Up $310,164 (+96%) from 2012

Expenses

Up

$227,316

Up $80,770 (+55%) from 2012

Net Income

Up

$405,432

Up $229,394 (+130%) from 2012

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $95,124Liabilities 2011: $6052011Assets 2012: $292,980Liabilities 2012: $0Net Assets 2012: $292,9802012Assets 2013: $657,419Liabilities 2013: $549Net Assets 2013: $656,8702013Assets 2014: $620,586Liabilities 2014: $2,230Net Assets 2014: $618,3562014Assets 2015: $545,183Liabilities 2015: $2,336Net Assets 2015: $542,8472015Assets 2016: $521,945Liabilities 2016: $4,625Net Assets 2016: $517,3202016Assets 2017: $505,141Liabilities 2017: $1,959Net Assets 2017: $503,1822017Assets 2018: $426,882Liabilities 2018: $1,145Net Assets 2018: $425,7372018Assets 2019: $442,514Liabilities 2019: $1,472Net Assets 2019: $441,0422019Assets 2020: $448,584Liabilities 2020: $1,709Net Assets 2020: $446,8752020Assets 2021: $417,325Liabilities 2021: $7,329Net Assets 2021: $409,9962021Assets 2022: $277,675Liabilities 2022: $14,028Net Assets 2022: $263,6472022Assets 2023: $263,524Liabilities 2023: $1,250Net Assets 2023: $262,2742023Assets 2024: $281,143Liabilities 2024: $4,086Net Assets 2024: $277,0572024

Highlighted filing

2013

Assets$657,419
Liabilities$549
Net Assets$656,870

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $116,312Expenses 2011: $110,229Net Income 2011: $6,0832011Revenue 2012: $322,584Expenses 2012: $146,546Net Income 2012: $176,0382012Revenue 2013: $632,748Expenses 2013: $227,316Net Income 2013: $405,4322013Revenue 2014: $196,443Expenses 2014: $243,907Net Income 2014: -$47,4642014Revenue 2015: $138,360Expenses 2015: $198,084Net Income 2015: -$59,7242015Revenue 2016: $156,036Expenses 2016: $188,811Net Income 2016: -$32,7752016Revenue 2017: $161,549Expenses 2017: $205,434Net Income 2017: -$43,8852017Revenue 2018: $213,098Expenses 2018: $248,575Net Income 2018: -$35,4772018Revenue 2019: $213,450Expenses 2019: $224,448Net Income 2019: -$10,9982019Revenue 2020: $142,063Expenses 2020: $177,338Net Income 2020: -$35,2752020Revenue 2021: $142,400Expenses 2021: $226,701Net Income 2021: -$84,3012021Revenue 2022: $149,767Expenses 2022: $213,636Net Income 2022: -$63,8692022Revenue 2023: $183,344Expenses 2023: $211,220Net Income 2023: -$27,8762023Revenue 2024: $210,871Expenses 2024: $157,283Net Income 2024: $53,5882024

Highlighted filing

2013

Revenue$632,748
Expenses$227,316
Net Income$405,432
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 20, 2014
Return Version
2013v3.1
Gross Receipts
$725,713
Mission and Program Overview

Mission

To invest in education in loudon county, tn by enriching lifelong learning, encouraging professional development and emphasizing business and community participation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$298,478-
Savings and Temporary Cash Investments$280,258$232,945▼ $47,313
Cash and Non-Interest-Bearing Accounts$12,722$27,090▲ $14,368
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$292,980$657,419▲ $364,439
Other Assets Total-$98,906-
Liabilities
Other Liabilities-$549-
Total Liabilities$0$549▲ $549
Net Assets / Fund Balance
Unrestricted Net Assets$224,822$614,845▲ $390,023
Temporarily Rstr Net Assets$68,158$42,025▼ $26,133
Total Net Assets Fund Balance$292,980$656,870▲ $363,890
Total Liabilities and Net Assets / Fund Balance$292,980$657,419▲ $364,439
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michele LewisExec DirectorFT$36,953$36,953

Board Members and Trustees

NameTitle
See Attached ListingSee Attached
Revenue and Support

Revenue Composition

Contributions and Grants
$618,548
Program Service Revenue
$0
Investment Income
$11,866
Other Revenue
$2,334
All Other Contributions
$618,548
Change in Net Assets
$405,432

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$405,318
Total Noncash Contributions1$405,318
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$114,547
Salaries, Compensation, and Employee Benefits$57,129
Other Expenses$55,640
Total Fundraising Expense$20,896
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$102,547--$102,547
Current Officers, Directors, Trustees, and Key Employees$12,934$5,543$18,476$36,953
Other Salaries and Wages$13,229$2,480$827$16,536
Grants to Domestic Individuals$12,000--$12,000
Fees for Services Accounting$6,166$1,156$385$7,707
Occupancy$4,825$905$301$6,031
Conferences and Meetings$3,095$581$193$3,869
Payroll Taxes$2,912$546$182$3,640
Insurance$2,002$376$125$2,503
All Other Expenses$1,757$328$110$2,195
Other Expenses$1,234$232$77$1,543
Travel$637$119$40$796
Office Expenses$397$74$25$496
Advertising$240$45$15$300
Total Functional Expenses$193,616$12,804$20,896$227,316
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---Stem Program, Conferences, Supplies$29,896
---Band Room and Computer Room$25,000
---DOLLY PARTON'S IMAGINATION LIBRARY$17,288
---Create Dual Enrollment Program$8,397
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,618
Fundraising Direct Expenses$6,284
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$549
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 was reviewed and approved by the foundation's treasurer and executive director before it was filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The foundation's executive committee meets and sets compensation annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

EIN
62-1725895
Phone
8654588749

Signing Officer

Name
Michele Lewis
Title
Executive Director
Signed
2014-10-20
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Tn
Voting Board Members
19
Independent Board Members
19
Employees
2
Volunteers
25

Preparer

Preparer
Marshall H Hamilton
Phone
8655842600
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Decrease in temporarily restricted funds = -$26133

Raw XML AppendixShowing 400 of 443 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0321273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0113264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0113623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt093345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01260053
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013147
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0312
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0319
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01533
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016118
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98740
IRS990ScheduleA/PublicSupportPY170Pct00.99190
IRS990ScheduleA/PublicSupportTotal170Amt01260053
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0618548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0321273
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0113264
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0113623
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt093345
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01260053
IRS990ScheduleA/TotalSupportAmt01276171
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/OtherLiabilitiesOrgGrp/Amt0549
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueOtherAssetsAmt098906
IRS990ScheduleD/TotalLiabilityAmt0549
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt117288
IRS990ScheduleI/RecipientTable/CashGrantAmt229896
IRS990ScheduleI/RecipientTable/CashGrantAmt38397
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BAND ROOM AND COMPUTER ROOM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1DOLLY PARTON'S IMAGINATION LIBRARY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2STEM PROGRAM, CONFERENCES, SUPPLIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3CREATE DUAL ENROLLMENT PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10FORT LOUDON MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11GOVERNORS BOOKS FROM BIRTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12LENOIR CITY SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine13ROANE STATE COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine101703 ROBERTS ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine11312 ROSA PARKS AVE 27TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine122145 HARRISON AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine13100 WEST BROADWAY STE 131
IRS990ScheduleI/RecipientTable/USAddress/City0LOUDON
IRS990ScheduleI/RecipientTable/USAddress/City1NASHVILLE
IRS990ScheduleI/RecipientTable/USAddress/City2LENOIR CITY
IRS990ScheduleI/RecipientTable/USAddress/City3LENOIR CITY
IRS990ScheduleI/RecipientTable/USAddress/State0TN
IRS990ScheduleI/RecipientTable/USAddress/State1TN
IRS990ScheduleI/RecipientTable/USAddress/State2TN
IRS990ScheduleI/RecipientTable/USAddress/State3TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode037774
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode137243
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode237771
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode337771
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0405318
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS REVIEWED AND APPROVED BY THE FOUNDATION'S TREASURER AND EXECUTIVE DIRECTOR BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION'S EXECUTIVE COMMITTEE MEETS AND SETS COMPENSATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECREASE IN TEMPORARILY RESTRICTED FUNDS = -$26133
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt068158
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt042025
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0292980
IRS990/TotalAssetsEOYAmt0657419
IRS990/TotalAssetsGrp/BOYAmt0292980
IRS990/TotalAssetsGrp/EOYAmt0657419
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0618548
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020896
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012804
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0193616
IRS990/TotalFunctionalExpensesGrp/TotalAmt0227316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0549
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0549
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0292980
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0656870
IRS990/TotalProgramServiceExpensesAmt0193616
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt036953
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011866
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0632748

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.81$0.04$2.77$2.11$1.57$0.54
2023Detailed filing. Detailed filing data is available for this year.$2.64$0.01$2.62$1.83$2.11$0.28
2022Detailed filing. Detailed filing data is available for this year.$2.78$0.14$2.64$1.50$2.14$0.64
2021Detailed filing. Detailed filing data is available for this year.$4.17$0.07$4.10$1.42$2.27$0.84
2020Detailed filing. Detailed filing data is available for this year.$4.49$0.02$4.47$1.42$1.77$0.35
2019Detailed filing. Detailed filing data is available for this year.$4.43$0.01$4.41$2.13$2.24$0.11
2018Detailed filing. Detailed filing data is available for this year.$4.27$0.01$4.26$2.13$2.49$0.35
2017Detailed filing. Detailed filing data is available for this year.$5.05$0.02$5.03$1.62$2.05$0.44
2016Detailed filing. Detailed filing data is available for this year.$5.22$0.05$5.17$1.56$1.89$0.33
2015Detailed filing. Detailed filing data is available for this year.$5.45$0.02$5.43$1.38$1.98$0.60
2014Detailed filing. Detailed filing data is available for this year.$6.21$0.02$6.18$1.96$2.44$0.47
2013Detailed filing. Detailed filing data is available for this year.$6.57$0.01$6.57$6.33$2.27$4.05
2012Summary only. Only limited summary data is available for this year.$2.93$0.00$2.93$3.23$1.47$1.76
2011Summary only. Only limited summary data is available for this year.$0.95$0.01$1.16$1.10$0.06