Civic Intelligence

City Fields

990 • Fiscal year 2020 • EIN 82-1125482

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 24, 2021

1075 Blythe Ave SE Ste 2Cleveland, TN 37311

(423) 472-9876

Siviq Scores

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

Liabilities / Assets

77th percentile

0.42x

Higher debt load relative to assets than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.58x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

92nd percentile

58%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$67,702

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

92nd percentile

92%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

22%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$917,657

Up $438,903 (+92%) from 2019

Net Assets

Up

$530,348

Up $388,769 (+275%) from 2019

Liabilities

Up

$387,309

Up $50,134 (+15%) from 2019

Revenue

Up

$666,890

Up $121,428 (+22%) from 2019

Expenses

Down

$278,121

Down $184,395 (-40%) from 2019

Net Income

Up

$388,769

Up $305,823 (+369%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $31,659Liabilities 2017: $0Net Assets 2017: $31,6592017Assets 2018: $359,270Liabilities 2018: $300,637Net Assets 2018: $58,6332018Assets 2019: $478,754Liabilities 2019: $337,175Net Assets 2019: $141,5792019Assets 2020: $917,657Liabilities 2020: $387,309Net Assets 2020: $530,3482020Assets 2021: $1,290,264Liabilities 2021: $346,037Net Assets 2021: $944,2272021Assets 2022: $1,880,986Liabilities 2022: $425,369Net Assets 2022: $1,455,6172022Assets 2023: $1,893,437Liabilities 2023: $317,669Net Assets 2023: $1,575,7682023Assets 2024: $2,345,242Liabilities 2024: $627,965Net Assets 2024: $1,717,2772024

Highlighted filing

2020

Assets$917,657
Liabilities$387,309
Net Assets$530,348

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2017: $34,075Expenses 2017: $2,416Net Income 2017: $31,6592017Revenue 2018: $264,340Expenses 2018: $237,366Net Income 2018: $26,9742018Revenue 2019: $545,462Expenses 2019: $462,516Net Income 2019: $82,9462019Revenue 2020: $666,890Expenses 2020: $278,121Net Income 2020: $388,7692020Revenue 2021: $805,121Expenses 2021: $391,242Net Income 2021: $413,8792021Revenue 2022: $1,134,835Expenses 2022: $623,445Net Income 2022: $511,3902022Revenue 2023: $1,156,631Expenses 2023: $994,160Net Income 2023: $162,4712023Revenue 2024: $1,058,958Expenses 2024: $917,449Net Income 2024: $141,5092024

Highlighted filing

2020

Revenue$666,890
Expenses$278,121
Net Income$388,769
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 24, 2021
Return Version
2020v4.0
Gross Receipts
$1,055,505
Mission and Program Overview

Mission

To operate as a community development corporation with the goal to transform disadvantaged neighborhoods through five primary areas: physical revitalization, social revitalization, economic development, neighborhood safety, and leadership development.

To be a catalyst for change in cleveland's most overlooked neighborhoods by helping cultivate people and the environments around them.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$209,111$436,182▲ $227,071
Savings and Temporary Cash Investments-$272,255-
Inventories for Sale or Use$260,477$199,192▼ $61,285
Land, Buildings, and Equipment, Net$6,726$7,453▲ $727
Accounts Receivable$2,440$2,575▲ $135
Total Assets$478,754$917,657▲ $438,903
Liabilities
Mortgage Notes Payable Secured by Investment Property$336,297$366,297▲ $30,000
Accounts Payable and Accrued Expenses$878$21,012▲ $20,134
Total Liabilities$337,175$387,309▲ $50,134
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$141,579$295,348▲ $153,769
Net Assets With Donor Restrictions-$235,000-
Total Net Assets Fund Balance$141,579$530,348▲ $388,769
Total Liabilities and Net Assets / Fund Balance$478,754$917,657▲ $438,903

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,242-$5,242
Equipment$2,211$521$2,732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dustin TommeyExecutive DiFT$65,730$1,972$67,702

Board Members and Trustees

NameTitle
Rodney FitzgeraldPresident
Bill EstesDirector
Darlene HicksDirector
Demetrius RamseyDirector
Doug BerryDirector
Jamie CreekmoreDirector
Julian SullivanDirector
Kyle StokesDirector
Paul DellingerDirector
Rodney WilliamsDirector
Trae CodyDirector
Greg ThomasSecretary/tr
Cindy SlaterVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$622,270
Program Service Revenue
$0
Investment Income
$44,620
Other Revenue
$0
All Other Contributions
$347,070
Change in Net Assets
$388,769

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 AmountValuation Method
Real Estate Residential2$90,700Fair Market Value (FMV)
Other Non Cash Contri Table2$2,059Fair Market Value (FMV)
Total Noncash Contributions4$92,759-

Audited Revenue Reconciliation

Revenue per Audited Statements
$666,890
Revenue Not Reported on Form 990
$810
Total Revenue per Audited Statements
$667,700
Total Revenue per Form 990
$666,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$225,434
Other Expenses$52,687
Total Fundraising Expense$20,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,262$11,488$4,788$108,538
Current Officers, Directors, Trustees, and Key Employees$59,352$2,453$3,925$65,730
Other Employee Benefits$30,861$2,838$1,774$35,473
Payroll Taxes$9,213$847$530$10,590
Advertising--$7,701$7,701
Office Expenses$6,087$560$350$6,997
Fees for Services Accounting$3,321$3,322-$6,643
Insurance$4,922$453$282$5,657
Pension Plan Contributions$4,440$408$255$5,103
Occupancy$3,939$363$226$4,528
Fees for Services Other$2,063$2,062-$4,125
Information Technology$1,840$169$106$2,115
Travel$1,030$95$59$1,184
Interest$589--$589
Depreciation Depletion$454$42$26$522
Other Expenses$255$255$78$510
Total Functional Expenses$232,541$25,480$20,100$278,121

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$278,931
Expenses per Audited Statements$278,121
Total Expenses per Form 990$278,121
Expenses Not Reported on Form 990$810
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
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, Page 6, Part VI, Line 11B

A copy of form 990 is available for board review. Form 990 is reviewed and approved by the executive director before it is filed.

Form 990, Page 6, Part VI, Line 12C

Employees and board of directors are aware that any conflict of interest should be disclosed and addressed.

Form 990, Page 6, Part VI, Line 15A

The board of directors sets and approves the executive director salary.

Form 990, Page 6, Part VI, Line 15B

Executive director approves other employee salaries. These are approved by the board of directors through the budgeting process.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
City Fields
EIN
82-1125482
Address
1075 BLYTHE AVE SE STE 2, CLEVELAND, TN 37311

Signing Officer

Name
Dustin Tommey
Title
Executive Director
Phone
4234729876
Signed
2021-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dustin Tommey
Formed
2017
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
300

Preparer

Firm
Harting Bishop & Arrendale Pllc
Address
1040 WILLIAM WAY, CLEVELAND, TN 37312-4363
Preparer
Janice L Hayes
Phone
4234726543
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To operate as a community development corporation with the goal to transform disadvantaged neighborhoods through five primary areas: physical revitalization, social revitalization, economic development, neighborhood safety, and leadership development.

Form 990, Part V

Payroll for the organization is paid through a professional employer service and included on the professional employer service's form 941s and w-2s. The organization reimburses the professional employer service for payroll expenses.

Form 990, Part XI, Line 9

Loss on disposal 810 loss on disposal -810

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

LOSS ON DISPOSAL 810

Schedule D, Page 4, Part XII, Line 2D

LOSS ON DISPOSAL 810

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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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IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BUSINESS FEES
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IRS990/PayrollTaxesGrp/FundraisingAmt0530
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IRS990/PayrollTaxesGrp/ProgramServicesAmt09213
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IRS990/PrincipalOfficerNm0DUSTIN TOMMEY
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt034075
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05242
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON DISPOSAL 810
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL 810
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalExpensesPerForm990Amt0278121
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO OPERATE AS A COMMUNITY DEVELOPMENT CORPORATION WITH THE GOAL TO TRANSFORM DISADVANTAGED NEIGHBORHOODS THROUGH FIVE PRIMARY AREAS: PHYSICAL REVITALIZATION, SOCIAL REVITALIZATION, ECONOMIC DEVELOPMENT, NEIGHBORHOOD SAFETY, AND LEADERSHIP DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL FOR THE ORGANIZATION IS PAID THROUGH A PROFESSIONAL EMPLOYER SERVICE AND INCLUDED ON THE PROFESSIONAL EMPLOYER SERVICE'S FORM 941S AND W-2S. THE ORGANIZATION REIMBURSES THE PROFESSIONAL EMPLOYER SERVICE FOR PAYROLL EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS AVAILABLE FOR BOARD REVIEW. FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EMPLOYEES AND BOARD OF DIRECTORS ARE AWARE THAT ANY CONFLICT OF INTEREST SHOULD BE DISCLOSED AND ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS SETS AND APPROVES THE EXECUTIVE DIRECTOR SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE DIRECTOR APPROVES OTHER EMPLOYEE SALARIES. THESE ARE APPROVED BY THE BOARD OF DIRECTORS THROUGH THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LOSS ON DISPOSAL 810 LOSS ON DISPOSAL -810
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN

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