Civic Intelligence

Bearden Middle School Foundation Inc.

990EZ • Fiscal year 2020 • EIN 82-3990732

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 08, 2021

PO Box 51373Knoxville, TN 37950

(865) 584-8871

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

16th percentile

-36%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-21%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-35%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$51,338

Down $13,790 (-21%) from 2019

Net Assets

$50,824

No earlier filing loaded for comparison.

Liabilities

Down

$514

Down $727 (-59%) from 2019

Revenue

Down

$36,240

Down $19,278 (-35%) from 2019

Expenses

Up

$49,303

Up $19,867 (+67%) from 2019

Net Income

Down

-$13,063

Down $39,145 (-150%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $37,907Liabilities 2018: $1022018Assets 2019: $65,128Liabilities 2019: $1,2412019Assets 2020: $51,338Liabilities 2020: $514Net Assets 2020: $50,8242020Assets 2021: $70,093Liabilities 2021: $0Net Assets 2021: $70,0932021Assets 2022: $65,968Liabilities 2022: $0Net Assets 2022: $65,9682022Assets 2023: $56,200Liabilities 2023: $0Net Assets 2023: $56,2002023Assets 2024: $78,704Net Assets 2024: $78,7042024Assets 2025: $101,966Net Assets 2025: $101,9662025

Highlighted filing

2020

Assets$51,338
Liabilities$514
Net Assets$50,824

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $40,391Expenses 2018: $2,586Net Income 2018: $37,8052018Revenue 2019: $55,518Expenses 2019: $29,436Net Income 2019: $26,0822019Revenue 2020: $36,240Expenses 2020: $49,303Net Income 2020: -$13,0632020Revenue 2021: $51,371Expenses 2021: $32,102Net Income 2021: $19,2692021Revenue 2022: $81,822Expenses 2022: $85,947Net Income 2022: -$4,1252022Revenue 2023: $54,672Expenses 2023: $64,440Net Income 2023: -$9,7682023Revenue 2024: $62,188Expenses 2024: $39,684Net Income 2024: $22,5042024Revenue 2025: $78,745Expenses 2025: $55,483Net Income 2025: $23,2622025

Highlighted filing

2020

Revenue$36,240
Expenses$49,303
Net Income-$13,063
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 8, 2021
Return Version
2019v5.0
Gross Receipts
$36,240
Mission and Program Overview

Mission

The bearden middle school foundation is organized exclusively for charitable and educational purposes to benefit, promote, support, encourage and enhance the educational programs and facilities of bearden middle school, a public education institution in knox county, tennessee.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO BEARDEN MIDDLE SCHOOL FOR EDUCATIONAL OPPORTUNITIES, PROGRAMS, SERVICES, PROJECTS AND CAPITAL EXPENDITURES FOR WHICH FUNDING FROM GOVERNMENT AND OTHER PUBLIC SOURCES IS INSUFFICIENT. FUNDS RAISED DURING THE CURRENT FISCAL YEAR ARE EARMARKED AND BUDGETED FOR SUPPORT GRANTS IN THE SUBSEQUENT SCHOOL YEAR. THE FOUNDATION DONATED 45,648 TO BEARDEN MIDDLE SCHOOL FOR THE PURPOSE OF SUPPORTING TECHNOLOGY UPGRADES DURING FY20.-$45,648
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JONATHAN WIMMERPresident/Di-$0--
BEN MCMURRYTreasurer/Di-$0--
MARK FREEMANFormer Treas-$0--
MARY MARTINSecretary/Di-$0--
JESSICA LEGGDirector-$0--
MARISA GOLDENDirector-$0--
ALISON BUCHANDirector-$0--
MARSHA DANCEDirector-$0--
JONATHAN FORTNERDirector-$0--
DAVE HOLLADAYDirector-$0--
GINGER HOLLADAYDirector-$0--
SHANE JACKSONDirector-$0--
JASON JENKINSDirector-$0--
PRISCILLA JENKINSDirector-$0--
GARY LECLEIRDirector-$0--
JASON LEGGDirector-$0--
JIM MURRAYDirector-$0--
ROBERT NOBLESDirector-$0--
BETH SCOONOVERDirector-$0--
DAVID STANLEYDirector-$0--
EMILEE STANLEYDirector-$0--
BO SUTTONDirector-$0--
CHRIS VINSONDirector-$0--
KATHRYN VINSONDirector-$0--
MARK WEBBDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bearden Middle School Foundation in
EIN
82-3990732
Address
PO BOX 51373, KNOXVILLE, TN 37950

Signing Officer

Name
Ben Mcmurry
Title
Treasurer/director
Phone
8655848871
Signed
2021-02-08

Preparer

Firm
Mcmurry & Company Pllc
Address
6130 LONAS DR, KNOXVILLE, TN 37909-3233
Preparer
Ben F Mcmurry Iv CPA
Phone
8655848871
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank charges 706 insurance 1,136 office expense 338 equipment & venue rental 1,345 bearden middle sc support 45,648 total 49,173

Form 990-ez, Part II, Line 24

Accounts receivable 17,000 0 total 17,000 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,241 514

Form 990-ez, Part III

The bearden middle school foundation is organized exclusively for charitable and educational purposes to benefit, promote, support, encourage and enhance the educational programs and facilities of bearden middle school, a public education institution in knox county, tennessee.

Form 990-ez, Part III, Line 28

The foundation provides financial support to bearden middle school for educational opportunities, programs, services, projects and capital expenditures for which funding from government and other public sources is insufficient. Funds raised during the current fiscal year are earmarked and budgeted for support grants in the subsequent school year. The foundation donated 45,648 to bearden middle school for the purpose of supporting technology upgrades during fy20.

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IRS990EZ/PrimaryExemptPurposeTxt0THE BEARDEN MIDDLE SCHOOL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO BENEFIT, PROMOTE, SUPPORT, ENCOURAGE AND ENHANCE THE EDUCATIONAL PROGRAMS AND FACILITIES OF BEARDEN MIDDLE SCHOOL, A PUBLIC EDUCATION INSTITUTION IN KNOX COUNTY, TENNESSEE.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO BEARDEN MIDDLE SCHOOL FOR EDUCATIONAL OPPORTUNITIES, PROGRAMS, SERVICES, PROJECTS AND CAPITAL EXPENDITURES FOR WHICH FUNDING FROM GOVERNMENT AND OTHER PUBLIC SOURCES IS INSUFFICIENT. FUNDS RAISED DURING THE CURRENT FISCAL YEAR ARE EARMARKED AND BUDGETED FOR SUPPORT GRANTS IN THE SUBSEQUENT SCHOOL YEAR. THE FOUNDATION DONATED 45,648 TO BEARDEN MIDDLE SCHOOL FOR THE PURPOSE OF SUPPORTING TECHNOLOGY UPGRADES DURING FY20.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SUPPORTED ORGANIZATION, BEARDEN MIDDLE SCHOOL, HAS A SIGNIFICANT VOICE IN THE MANNER IN WHICH FUNDS ARE INVESTED AND IN THE MAKING OF GRANTS AND GIFTS BY THE FOUNDATION TO SUPPORT BEARDEN MIDDLE SCHOOL. THE PRINCIPAL, TEACHER REPRESENTATIVES, AND A MEMBER OF THE PTA SERVE AS MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. BY SUCH SERVICE, THEY ARE ABLE TO PRESENT THE FOUNDATION WITH BUDGETARY REQUIREMENTS AND PROJECTS OF BEARDEN MIDDLE SCHOOL WHICH REQUIRE FUNDING FROM THE FOUNDATION IN ORDER TO PROVIDE. LIKEWISE, AS BOARD MEMBERS, THE LEADERSHIP AND STAFF OF BEARDEN MIDDLE SCHOOL WILL HAVE SIGNIFICANT INPUT INTO THE FUNDRAISING ACTIVITIES, INVESTMENTS, AND GRANTS MADE BY THE FOUNDATION TO BEARDEN MIDDLE SCHOOL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE BEARDEN MIDDLE SCHOOL FOUNDATION'S PURPOSE IS TO RAISE FUNDS AND PROVIDE SUPPORT FOR THE EDUCATIONAL PROGRAMS AND ACTIVITIES OF BEARDEN MIDDLE SCHOOL. BEARDEN MIDDLE SCHOOL IS A GOVERNMENTAL ENTITY WHICH IS A UNIT OF THE GOVERNMENT OF KNOX COUNTY, TENNESSEE. THE FOUNDATION PROVIDES FUNDING FOR EDUCATIONAL OPPORTUNITIES, PROGRAMS, SERVICES, PROJECTS AND CAPITAL EXPENDITURES FOR WHICH FUNDING FROM GOVERNMENT AND OTHER SOURCES IS INSUFFICIENT. FUNDS RAISED DURING EACH FISCAL YEAR ARE EARMARKED AND BUDGETED FOR SUPPORT OF BEARDEN MIDDLE SCHOOL IN THE SUBSEQUENT SCHOOL YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK CHARGES 706 INSURANCE 1,136 OFFICE EXPENSE 338 EQUIPMENT & VENUE RENTAL 1,345 BEARDEN MIDDLE SC SUPPORT 45,648 TOTAL 49,173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 17,000 0 TOTAL 17,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,241 514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BEARDEN MIDDLE SCHOOL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO BENEFIT, PROMOTE, SUPPORT, ENCOURAGE AND ENHANCE THE EDUCATIONAL PROGRAMS AND FACILITIES OF BEARDEN MIDDLE SCHOOL, A PUBLIC EDUCATION INSTITUTION IN KNOX COUNTY, TENNESSEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO BEARDEN MIDDLE SCHOOL FOR EDUCATIONAL OPPORTUNITIES, PROGRAMS, SERVICES, PROJECTS AND CAPITAL EXPENDITURES FOR WHICH FUNDING FROM GOVERNMENT AND OTHER PUBLIC SOURCES IS INSUFFICIENT. FUNDS RAISED DURING THE CURRENT FISCAL YEAR ARE EARMARKED AND BUDGETED FOR SUPPORT GRANTS IN THE SUBSEQUENT SCHOOL YEAR. THE FOUNDATION DONATED 45,648 TO BEARDEN MIDDLE SCHOOL FOR THE PURPOSE OF SUPPORTING TECHNOLOGY UPGRADES DURING FY20.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/BusinessNameControlTxt0BEAR
ReturnHeader/Filer/EIN0823990732
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 51373
ReturnHeader/Filer/USAddress/CityNm0KNOXVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037950
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844183425
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCMURRY & COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06130 LONAS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KNOXVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0379093233
ReturnHeader/PreparerPersonGrp/PhoneNum08655848871
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BEN F MCMURRY IV CPA
ReturnHeader/ReturnTs02021-02-08T12:54:01-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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