Civic Intelligence

City Fields

990 • Fiscal year 2022 • EIN 82-1125482

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 03, 2023

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

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.37x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$70,934

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

87th percentile

46%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

41%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,880,986

Up $590,722 (+46%) from 2021

Net Assets

Up

$1,455,617

Up $511,390 (+54%) from 2021

Liabilities

Up

$425,369

Up $79,332 (+23%) from 2021

Revenue

Up

$1,134,835

Up $329,714 (+41%) from 2021

Expenses

Up

$623,445

Up $232,203 (+59%) from 2021

Net Income

Up

$511,390

Up $97,511 (+24%) from 2021

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

2022

Assets$1,880,986
Liabilities$425,369
Net Assets$1,455,617

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

2022

Revenue$1,134,835
Expenses$623,445
Net Income$511,390
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 3, 2023
Return Version
2022v5.0
Gross Receipts
$1,344,692
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
Inventories for Sale or Use$76,142$1,156,893▲ $1,080,751
Cash and Non-Interest-Bearing Accounts$912,743$576,670▼ $336,073
Savings and Temporary Cash Investments$280,432$128,191▼ $152,241
Land, Buildings, and Equipment, Net$19,477$18,881▼ $596
Accounts Receivable$1,470$351▼ $1,119
Total Assets$1,290,264$1,880,986▲ $590,722
Liabilities
Mortgage Notes Payable Secured by Investment Property$338,000$402,000▲ $64,000
Accounts Payable and Accrued Expenses$8,037$23,369▲ $15,332
Total Liabilities$346,037$425,369▲ $79,332
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$538,709$1,306,487▲ $767,778
Net Assets With Donor Restrictions$405,518$149,130▼ $256,388
Total Net Assets Fund Balance$944,227$1,455,617▲ $511,390
Total Liabilities and Net Assets / Fund Balance$1,290,264$1,880,986▲ $590,722

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,639$3,583$17,222
Land$5,242-$5,242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dustin TommeyExecutive DiFT$56,929$14,005$70,934

Board Members and Trustees

NameTitle
Trae CodyPresident
Alex StaupDirector
Ben CraigDirector
Bennett JudkinsDirector
Brandon GibsonDirector
Brian WorkmanDirector
Bryan TurnerDirector
Darlene HicksDirector
Doug BerryDirector
Drew RobinsonDirector
Ed McintireDirector
Jermon GarnerDirector
John McintoshDirector
Kyle StokesDirector
Matt JenneeDirector
Ty StoneDirector
Greg ThomasSecretary/tr
Cindy SlaterVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,190,085
Program Service Revenue
$3,725
Investment Income
$-59,098
Other Revenue
$123
All Other Contributions
$599,470
Change in Net Assets
$511,390

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$67,800Fair Market Value (FMV)
Total Noncash Contributions2$67,800-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,134,835
Total Revenue per Audited Statements
$1,134,835
Total Revenue per Form 990
$1,134,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$334,742
Other Expenses$288,703
Total Fundraising Expense$29,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$175,663$16,153$10,095$201,911
Current Officers, Directors, Trustees, and Key Employees$49,528$4,554$2,847$56,929
Other Employee Benefits$42,600$3,917$2,449$48,966
Advertising$10,044-$9,753$19,797
Payroll Taxes$17,200$1,582$989$19,771
Fees for Services Accounting$9,373$9,373-$18,746
Office Expenses$12,301$1,131$707$14,139
Occupancy$10,331$950$594$11,875
Travel$7,857$722$452$9,031
Insurance$7,293$671$419$8,383
Pension Plan Contributions$6,234$573$358$7,165
Fees for Services Other$3,500$3,500-$7,000
Information Technology$3,259$300$187$3,746
Conferences and Meetings$1,460$1,460-$2,920
Interest$2,550--$2,550
Other Expenses$1,946$178$112$2,236
Depreciation Depletion$1,867$172$107$2,146
All Other Expenses$276$276-$552
Total Functional Expenses$548,864$45,512$29,069$623,445

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$623,445
Total Expenses per Audited Statements$623,445
Total Expenses per Form 990$623,445
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
2023-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dustin Tommey
Formed
2017
Legal Domicile
Tn
Voting Board Members
18
Independent Board Members
18
Employees
7
Volunteers
250

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, Page 1, Part I, Line 6

Volunteers perform various program services.

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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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