Civic Intelligence

Think Tennessee

990 • Fiscal year 2018 • EIN 81-2821568

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

414 Union St No 1900Nashville, TN 37219

(615) 905-1851

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

24th percentile

-9.8%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

98th percentile

$90,900

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 28.6% of source-year revenue.

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

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

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

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Down

$151,907

Down $32,050 (-17%) from 2017

Net Assets

Down

$151,538

Down $31,194 (-17%) from 2017

Liabilities

Down

$369

Down $856 (-70%) from 2017

Revenue

Up

$317,732

Up $37,480 (+13%) from 2017

Expenses

Up

$348,926

Up $194,395 (+126%) from 2017

Net Income

Down

-$31,194

Down $156,915 (-125%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $46,230Liabilities 2016: $02016Assets 2017: $183,957Liabilities 2017: $1,225Net Assets 2017: $182,7322017Assets 2018: $151,907Liabilities 2018: $369Net Assets 2018: $151,5382018Assets 2019: $294,241Liabilities 2019: $2,834Net Assets 2019: $291,4072019Assets 2020: $509,458Liabilities 2020: $45,763Net Assets 2020: $463,6952020Assets 2021: $633,606Liabilities 2021: $0Net Assets 2021: $633,6062021Assets 2022: $1,033,260Liabilities 2022: $203,899Net Assets 2022: $829,3612022Assets 2023: $1,312,554Liabilities 2023: $490,374Net Assets 2023: $822,1802023Assets 2024: $1,428,425Liabilities 2024: $625,975Net Assets 2024: $802,4502024

Highlighted filing

2018

Assets$151,907
Liabilities$369
Net Assets$151,538

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $60,651Expenses 2016: $48,672Net Income 2016: $11,9792016Revenue 2017: $280,252Expenses 2017: $154,531Net Income 2017: $125,7212017Revenue 2018: $317,732Expenses 2018: $348,926Net Income 2018: -$31,1942018Revenue 2019: $496,231Expenses 2019: $356,362Net Income 2019: $139,8692019Revenue 2020: $512,300Expenses 2020: $340,012Net Income 2020: $172,2882020Revenue 2021: $630,656Expenses 2021: $460,745Net Income 2021: $169,9112021Revenue 2022: $819,753Expenses 2022: $623,998Net Income 2022: $195,7552022Revenue 2023: $933,394Expenses 2023: $940,575Net Income 2023: -$7,1812023Revenue 2024: $1,388,660Expenses 2024: $1,408,390Net Income 2024: -$19,7302024

Highlighted filing

2018

Revenue$317,732
Expenses$348,926
Net Income-$31,194
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$320,081
Mission and Program Overview

Mission

The purpose of think tennessee is to empower state and local leaders to take action on pragmatic policy ideas that improve tennesseans' lives.

The purpose of think tennessee is to drive evidence-based public policy solutions that strengthen the voice of voters, support working families and move tennessee forward.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,930$140,946▼ $30,984
Land, Buildings, and Equipment, Net$8,112$4,218▼ $3,894
Prepaid Expenses and Deferred Charges-$33-
Total Assets$183,957$151,907▼ $32,050
Other Assets Total$3,915$6,710▲ $2,795
Liabilities
Accounts Payable and Accrued Expenses$1,225$369▼ $856
Total Liabilities$1,225$369▼ $856
Net Assets / Fund Balance
Unrestricted Net Assets$182,732$151,538▼ $31,194
Total Net Assets Fund Balance$182,732$151,538▼ $31,194
Total Liabilities and Net Assets / Fund Balance$183,957$151,907▼ $32,050

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,218$7,464$11,682
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shanna HugheyPresidentFT$90,900$90,900

Board Members and Trustees

NameTitle
Bob CooperChairman
Doug BlazeDirector
Dr Alex JahangirDirector
Dr Mario RamirezDirector
Edward Stanton IiiDirector
Mark ByrnesDirector
Marlene SandersDirector
Robyn Jarvis AskewDirector
Carol ColettaDirector (res. Eff. 12/2018)
Prof Tracey GeorgeSecretary
Bert MathewsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$317,711
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$21
All Other Contributions
$312,611
Change in Net Assets
$-31,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$276,582
Other Expenses$72,344
Total Fundraising Expense$50,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,665$20,625$22,271$164,561
Current Officers, Directors, Trustees, and Key Employees$54,540$18,180$18,180$90,900
Occupancy$24,567$5,341$5,697$35,605
Payroll Taxes$13,439$2,955$3,081$19,475
Fees for Services Other$18,000--$18,000
Depreciation Depletion$3,115$195$584$3,894
Information Technology$3,224--$3,224
Insurance-$2,682-$2,682
Conferences and Meetings$2,649--$2,649
Fees for Services Accounting-$1,971-$1,971
Office Expenses-$1,201$601$1,802
Pension Plan Contributions$1,217$206$223$1,646
Travel$1,248--$1,248
Advertising-$274-$274
Other Expenses$770$225-$225
Total Functional Expenses$244,434$53,855$50,637$348,926
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,370
Fundraising Direct Expenses$2,349
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 4

During 2018, the bylaws were amended to allow board members to serve up to three consecutive terms.

Form 990, Part VI, Section B, Line 11B

The draft of the form 990 was provided to the board of directors via e-mail for review and comment prior to its submission to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Each board member reviews and signs a conflict of interest statement annually. Board members are instructed to contact the board chairman and organization management if actual or potential conflicts arise. Key employees have not been required to annually sign this policy. However, there were no identified conflicts for these individuals and the organization is planning to implement a conflict of interest policy for employees during 2019.

Form 990, Part VI, Section B, Line 15

The president's salary is evaluated by use of data provided by nashville-based center for non-profit management for qualified persons serving in a similar role within non-profit organizations of similar size and scope.

Form 990, Part VI, Section C, Line 19

The organization does not make governing documents or its conflict of interest policy available to the public. Think tennessee's annual form 990/990-ez filings are available to the public via givingmatters.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Think Tennessee
EIN
81-2821568
Phone
6159051851
Address
414 UNION ST NO 1900, NASHVILLE, TN 37219

Signing Officer

Name
Shanna S Hughey
Title
President
Phone
6159051851
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shanna S Hughey
Formed
2016
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
11

Preparer

Firm
Fmc Cpas Pllc
Address
3100 WEST END AVENUE STE 700, NASHVILLE, TN 37203
Preparer
Tedra K Armstrong CPA
Phone
6152923011
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (RES. EFF. 12/2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
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IRS990/MissionDesc0THINK TENNESSEE IS A NONPARTISAN, RESULTS-ORIENTED THINK TANK THAT USES RESEARCH AND ADVOCACY TO BUILD A STATE WHERE ALL TENNESSEANS ARE CIVICALLY ENGAGED AND ECONOMICALLY SECURE. WORKING IN PARTNERSHIP WITH STATE AND LOCAL LEADERS, WE DRIVE EVIDENCE-BASED POLICIES THAT STRENGTHEN THE VOICE OF VOTERS, BETTER SUPPORT WORKING FAMILIES AND MOVE TENNESSEE FORWARD.
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IRS990/PYTotalExpensesAmt0154531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0280252
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-31194
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THINK TENNESSEE WAS FORMED ON JUNE 2, 2016, USING A FISCAL YEAR END OF JUNE 30. ACCORDINGLY, THE ORGANIZATION'S FIRST TAX FILING, VIA FORM 990-N, COVERED THE SHORT PERIOD BEGINNING JUNE 2, 2016 AND ENDING JUNE 30, 2016. SUBSEQUENT TO SUBMITTING THE INITIAL FORM 990-N FILING, THE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD TO CONFORM TO A CALENDAR YEAR END AND FILED A SHORT YEAR RETURN FOR THE PERIOD JULY 1, 2016 THROUGH DECEMBER 31, 2016. ACCORDINGLY, THE INFORMATION PRESENTED IN PART II FOR 2015 AND 2016 EACH REPRESENTS A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0317711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0284749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt034251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0697362
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0442603
IRS990ScheduleA/SubstantialContributorsTotAmt0254759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0317711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0284749
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060651
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt034251
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0697362
IRS990ScheduleA/TotalSupportAmt0697383
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt021
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt021
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt012222
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt012222
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt048887
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt048887
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt01063
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt01063
IRS990ScheduleC/GrassrootsCeilingAmt018333
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt012222
IRS990ScheduleC/LobbyingCeilingAmt073331
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt048887
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0243371
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt01063
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0244434
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt01063
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04218
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07464
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011682
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04218
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2018, THE BYLAWS WERE AMENDED TO ALLOW BOARD MEMBERS TO SERVE UP TO THREE CONSECUTIVE TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS VIA E-MAIL FOR REVIEW AND COMMENT PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER REVIEWS AND SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY. BOARD MEMBERS ARE INSTRUCTED TO CONTACT THE BOARD CHAIRMAN AND ORGANIZATION MANAGEMENT IF ACTUAL OR POTENTIAL CONFLICTS ARISE. KEY EMPLOYEES HAVE NOT BEEN REQUIRED TO ANNUALLY SIGN THIS POLICY. HOWEVER, THERE WERE NO IDENTIFIED CONFLICTS FOR THESE INDIVIDUALS AND THE ORGANIZATION IS PLANNING TO IMPLEMENT A CONFLICT OF INTEREST POLICY FOR EMPLOYEES DURING 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT'S SALARY IS EVALUATED BY USE OF DATA PROVIDED BY NASHVILLE-BASED CENTER FOR NON-PROFIT MANAGEMENT FOR QUALIFIED PERSONS SERVING IN A SIMILAR ROLE WITHIN NON-PROFIT ORGANIZATIONS OF SIMILAR SIZE AND SCOPE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT MAKE GOVERNING DOCUMENTS OR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THINK TENNESSEE'S ANNUAL FORM 990/990-EZ FILINGS ARE AVAILABLE TO THE PUBLIC VIA GIVINGMATTERS.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0183957
IRS990/TotalAssetsEOYAmt0151907
IRS990/TotalAssetsGrp/BOYAmt0183957
IRS990/TotalAssetsGrp/EOYAmt0151907
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0317711
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt050637
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt053855
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0244434
IRS990/TotalFunctionalExpensesGrp/TotalAmt0348926
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01225
IRS990/TotalLiabilitiesEOYAmt0369
IRS990/TotalLiabilitiesGrp/BOYAmt01225
IRS990/TotalLiabilitiesGrp/EOYAmt0369
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0182732
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0151538
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0244434
IRS990/TotalReportableCompFromOrgAmt090900
IRS990/TotalRevenueGrp/ExclusionAmt021
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0317732
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0183957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0151907
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01248
IRS990/TravelGrp/TotalAmt01248
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0182732
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0151538
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0414 UNION ST NO 1900
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037219
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.THINKTENNESSEE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHANNA S HUGHEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06159051851
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THINK TENNESSEE
ReturnHeader/Filer/BusinessNameControlTxt0THIN
ReturnHeader/Filer/EIN0812821568

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