Civic Intelligence

4 Th Purpose Foundation

990 • Fiscal year 2020 • EIN 84-4085732

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization Profile4THPURPOSE.ORG
520 W Summit Hill Drive Suite 1101Knoxville, TN 37902

(865) 524-1223

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

99th percentile

706%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

570%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$10,310,642

Up $9,030,642 (+706%) from 2019

Net Assets

Up

$10,303,614

Up $9,023,614 (+705%) from 2019

Liabilities

Up

$7,028

Up $7,028 from 2019

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin99th percentile

Revenue

Up

$8,572,710

Up $7,292,710 (+570%) from 2019

Expenses

Up

$112,353

Up $112,353 from 2019

Net Income

Up

$8,460,357

Up $7,180,357 (+561%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$15M$10M$5.0M$0Assets 2019: $1,280,000Liabilities 2019: $0Net Assets 2019: $1,280,0002019Assets 2020: $10,310,642Liabilities 2020: $7,028Net Assets 2020: $10,303,6142020Assets 2021: $13,985,074Liabilities 2021: $3,039,154Net Assets 2021: $10,945,9202021Assets 2022: $12,575,228Liabilities 2022: $3,589,621Net Assets 2022: $8,985,6072022Assets 2023: $12,511,974Liabilities 2023: $2,874,750Net Assets 2023: $9,637,2242023Assets 2024: $12,834,331Liabilities 2024: $2,784,474Net Assets 2024: $10,049,8572024

Highlighted filing

2020

Assets$10,310,642
Liabilities$7,028
Net Assets$10,303,614
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$10M$5.0M$0-$5.0MRevenue 2019: $1,280,000Expenses 2019: $0Net Income 2019: $1,280,0002019Revenue 2020: $8,572,710Expenses 2020: $112,353Net Income 2020: $8,460,3572020Revenue 2021: $393,080Expenses 2021: $558,463Net Income 2021: -$165,3832021Revenue 2022: $593,650Expenses 2022: $1,139,331Net Income 2022: -$545,6812022Revenue 2023: $610,284Expenses 2023: $636,092Net Income 2023: -$25,8082023Revenue 2024: $779,843Expenses 2024: $753,223Net Income 2024: $26,6202024

Highlighted filing

2020

Revenue$8,572,710
Expenses$112,353
Net Income$8,460,357
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$8,677,242
Mission and Program Overview

Mission

A catalyst to make prison a place of transformation

4th puropose foundation was created to be a catalyst to make prison a place of transformation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$7,133,405-
Land, Buildings, and Equipment, Net$1,280,000$1,991,572▲ $711,572
Savings and Temporary Cash Investments-$1,185,665-
Total Assets$1,280,000$10,310,642▲ $9,030,642
Liabilities
Accounts Payable and Accrued Expenses-$7,028-
Total Liabilities$0$7,028▲ $7,028
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,280,000$10,303,614▲ $9,023,614
Total Net Assets Fund Balance$1,280,000$10,303,614▲ $9,023,614
Total Liabilities and Net Assets / Fund Balance$1,280,000$10,310,642▲ $9,030,642

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$895,759-$268,815
Land$884,241-$231,185
Other Land Buildings$211,572--
Other Securities$7,133,405--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Josh SmithPresident &
Chrisi BollingerRegular Mana
Dean RiceRegular Mana
Tony ParkerRegular Mana
Kodi SchutteSecretary
Tracy SmithSpecial Mana

Highest Paid Contractors

ContractorServicesLocationCompensation
Sanders Pace Architecture LLCDesign Services514 W JACKSON AVENUE, Knoxville, TN 37902$179,272
Neighborhood Film Company LLCProduction Svcs2000 HAMILTON STREET PMB 725, Phildelphia, PA 19130$109,871
Revenue and Support

Revenue Composition

Contributions and Grants
$8,304,825
Program Service Revenue
$0
Investment Income
$157,290
Other Revenue
$110,595
All Other Contributions
$8,304,825
Change in Net Assets
$8,460,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,671
Salaries, Compensation, and Employee Benefits$30,932
Grants and Similar Amounts Paid$750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$28,609$8,863-$37,472
Other Salaries and Wages$24,938$1,312-$26,250
Fees for Services Other$16,250--$16,250
Insurance$10,167--$10,167
Occupancy$5,065$22-$5,087
Fees for Services Legal$917$3,667-$4,584
Other Employee Benefits$2,679$140-$2,819
Office Expenses$1,575$748-$2,323
Advertising$2,124--$2,124
Other Expenses$1,878--$1,878
Payroll Taxes$1,770$93-$1,863
Grants to Domestic Orgs$750--$750
Information Technology$397$20-$417
Travel$341--$341
Conferences and Meetings$28--$28
Total Functional Expenses$97,488$14,865$0$112,353
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Josh smith tracy smith chair manager family relationship”

Form 990, Page 6, Part VI, Line 8B

“THERE WERE NO COMMITTEES”

Form 990, Page 6, Part VI, Line 11B

“The executive vice president of east tennessee foundation reviews the form 990 and forwards a copy to all 4th purpose foundation board members via email prior to filing. The complete form 990 is also sent to the president and chair of 4th purpose foundation for review and signature.”

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

“Officers and directors with a conflict of interest on an issue on a meeting agenda are asked to disclose the conflict at the meeting and to recuse themselves from participation in discussion and voting on that item; such recusals are documented in the meetings minutes.”

Form 990, Page 6, Part VI, Line 19

“4th purpose foundation makes these documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
4th Purpose Foundation
EIN
84-4085732
Phone
8655241223
Address
520 W SUMMIT HILL DRIVE SUITE 1101, KNOXVILLE, TN 37902

Signing Officer

Name
Josh Smith
Title
President & Chair
Phone
8655241223
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Smith
Formed
2019
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Brown Jake & Mcdaniel Pc
Address
2607 KINGSTON PIKE SUITE 110, KNOXVILLE, TN 37919-3336
Preparer
James E Booher CPA
Phone
8656378600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Five individuals served in 2020 as volunteers on the foundation's board”

Form 990, Part IX, Line 11G

“Other services 16,250 0 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“Under accounting standards, an organization must recognize tax benefits associated with tax taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by taxing authorities. There were no unrecognized tax benefits identified or recorded as liabilities for 2020.”

Raw XML AppendixShowing 400 of 438 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07028
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc04TH PUROPOSE FOUNDATION WAS CREATED TO BE A CATALYST TO MAKE PRISON A PLACE OF TRANSFORMATION.
IRS990/AdvertisingGrp/ProgramServicesAmt02124
IRS990/AdvertisingGrp/TotalAmt02124
IRS990/AllOtherContributionsAmt08304825
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0CAROLYN SCHWENN
IRS990/BooksInCareOfDetail/PhoneNum08655241223
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
IRS990/BooksInCareOfDetail/USAddress/CityNm0KNOXVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037902
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt028
IRS990/ConferencesMeetingsGrp/TotalAmt028
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0179272
IRS990/ContractorCompensationGrp/CompensationAmt1109871
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0514 W JACKSON AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12000 HAMILTON STREET PMB 725
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0KNOXVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1PHILDELPHIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd037902
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd119130
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SANDERS PACE ARCHITECTURE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1NEIGHBORHOOD FILM COMPANY LLC
IRS990/ContractorCompensationGrp/ServicesDesc0DESIGN SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1PRODUCTION SVCS
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08304825
IRS990/CYGrantsAndSimilarPaidAmt0750
IRS990/CYInvestmentIncomeAmt0157290
IRS990/CYOtherExpensesAmt080671
IRS990/CYOtherRevenueAmt0110595
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt08460357
IRS990/CYSalariesCompEmpBnftPaidAmt030932
IRS990/CYTotalExpensesAmt0112353
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08572710
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0DEVELOPED A FREE DIGITAL SERIES OF HOPE-FILLED, UPLIFTING CONTENT DELIVERING MESSAGES OF LOVE AND ENCOURAGEMENT TO INDIVIDUALS AND FAMILIES IMPACTED BY INCARCERATION, AS WELL AS CORRECTIONAL STAFF.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt097488
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03667
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0917
IRS990/FeesForServicesLegalGrp/TotalAmt04584
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt08863
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt028609
IRS990/FeesForServicesManagementGrp/TotalAmt037472
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt016250
IRS990/FeesForServicesOtherGrp/TotalAmt016250
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISI BOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm1TONY PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm2DEAN RICE
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSH SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5KODI SCHUTTE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0REGULAR MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt1REGULAR MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt2REGULAR MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt4SPECIAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0136887
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0750
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0750
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0750
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0241419
IRS990/GrossReceiptsAmt08677242
IRS990/GrossRentsGrp/RealAmt0110000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt020
IRS990/InformationTechnologyGrp/ProgramServicesAmt0397
IRS990/InformationTechnologyGrp/TotalAmt0417
IRS990/InsuranceGrp/ProgramServicesAmt010167
IRS990/InsuranceGrp/TotalAmt010167
IRS990/InvestmentIncomeGrp/ExclusionAmt020403
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020403
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07133405
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01280000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01991572
IRS990/LandBldgEquipCostOrOtherBssAmt01991572
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0104532
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc04TH PUROPOSE FOUNDATION WAS CREATED TO BE A CATALYST TO MAKE PRISON A PLACE OF TRANSFORMATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01280000
IRS990/NetAssetsOrFundBalancesEOYAmt010303614
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0136887
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0136887
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0110000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0110000
IRS990/NetUnrlzdGainsLossesInvstAmt0563257
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01280000
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010303614
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt022
IRS990/OccupancyGrp/ProgramServicesAmt05065
IRS990/OccupancyGrp/TotalAmt05087
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0748
IRS990/OfficeExpensesGrp/ProgramServicesAmt01575
IRS990/OfficeExpensesGrp/TotalAmt02323
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0140
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02679
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02819
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt01878
IRS990/OtherExpensesGrp/TotalAmt01878
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0STATE AND LOCAL TAX REFUND
IRS990/OtherRevenueMiscGrp/Desc1ORDINARY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0535
IRS990/OtherRevenueMiscGrp/ExclusionAmt160
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0535
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt160
IRS990/OtherRevenueTotalAmt0595
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01312
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024938
IRS990/OtherSalariesAndWagesGrp/TotalAmt026250
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt093
IRS990/PayrollTaxesGrp/ProgramServicesAmt01770
IRS990/PayrollTaxesGrp/TotalAmt01863
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSH SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01280000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYRevenuesLessExpensesAmt01280000
IRS990/PYTotalRevenueAmt01280000
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt08460357
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0110000
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01185665
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0620807696
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt015534
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt015534
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/BuildingsGrp/BookValueAmt0895759
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0626944
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0268815
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0884241
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0653056
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0231185
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0211572
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0211572
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07133405
IRS990ScheduleD/OtherSecuritiesGrp/Desc0COMMINGLED FUND INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER ACCOUNTING STANDARDS, AN ORGANIZATION MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01991572
IRS990ScheduleD/TotalBookValueSecuritiesAmt07133405
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FIVE INDIVIDUALS SERVED IN 2020 AS VOLUNTEERS ON THE FOUNDATION'S BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOSH SMITH TRACY SMITH CHAIR MANAGER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE WERE NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE VICE PRESIDENT OF EAST TENNESSEE FOUNDATION REVIEWS THE FORM 990 AND FORWARDS A COPY TO ALL 4TH PURPOSE FOUNDATION BOARD MEMBERS VIA EMAIL PRIOR TO FILING. THE COMPLETE FORM 990 IS ALSO SENT TO THE PRESIDENT AND CHAIR OF 4TH PURPOSE FOUNDATION FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS AND DIRECTORS WITH A CONFLICT OF INTEREST ON AN ISSUE ON A MEETING AGENDA ARE ASKED TO DISCLOSE THE CONFLICT AT THE MEETING AND TO RECUSE THEMSELVES FROM PARTICIPATION IN DISCUSSION AND VOTING ON THAT ITEM; SUCH RECUSALS ARE DOCUMENTED IN THE MEETINGS MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt54TH PURPOSE FOUNDATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER SERVICES 16,250 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt04TH PURPOSE REALTY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0844085732
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt01991572
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL PROP
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0KNOXVILLE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd037902
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620807696
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt08
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0520 W SUMMIT HILL DR SUITE 1101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0KNOXVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037902
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt07303840
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01280000
IRS990/TotalAssetsEOYAmt010310642
IRS990/TotalAssetsGrp/BOYAmt01280000
IRS990/TotalAssetsGrp/EOYAmt010310642
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08304825
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014865
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt097488
IRS990/TotalFunctionalExpensesGrp/TotalAmt0112353
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt07028
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt07028
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01280000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010303614
IRS990/TotalProgramServiceExpensesAmt097488
IRS990/TotalRevenueGrp/ExclusionAmt0267885
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08572710
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01280000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010310642
IRS990/TravelGrp/ProgramServicesAmt0341
IRS990/TravelGrp/TotalAmt0341
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,310,642
Liabilities
$7,028
Net assets
$10,303,614
Revenue
$8,572,710
Expenses
$112,353
Net income
$8,460,357
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.8$2.78$10.0$0.78$0.75$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$2.87$9.64$0.61$0.64$0.03
2022Detailed filing. Detailed filing data is available for this year.$12.6$3.59$8.99$0.59$1.14$0.55
2021Detailed filing. Detailed filing data is available for this year.$14.0$3.04$10.9$0.39$0.56$0.17
2020Detailed filing. Detailed filing data is available for this year.$10.3$0.01$10.3$8.57$0.11$8.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$1.28$0.00$1.28