Civic Intelligence

4 Th Purpose Foundation

990 • Fiscal year 2023 • EIN 84-4085732

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

55th percentile

0.23x

Higher debt load relative to assets than 55% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

4.71x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

27th percentile

-4.2%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

28th percentile

-0.5%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

2.8%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$12,511,974

Down $63,254 (-0.5%) from 2022

Net Assets

Up

$9,637,224

Up $651,617 (+7.3%) from 2022

Liabilities

Down

$2,874,750

Down $714,871 (-20%) from 2022

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin27th percentile

Revenue

Up

$610,284

Up $16,634 (+2.8%) from 2022

Expenses

Down

$636,092

Down $503,239 (-44%) from 2022

Net Income

Up

-$25,808

Up $519,873 (+95%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth28th 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

2023

Assets$12,511,974
Liabilities$2,874,750
Net Assets$9,637,224
Open 2023 Filing

Operations Trend

Revenue Growth44th 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

2023

Revenue$610,284
Expenses$636,092
Net Income-$25,808
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$673,996
Mission and Program Overview

Mission

A catalyst to make prison a place of transformation

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$7,139,287$5,605,973▼ $1,533,314
Land, Buildings, and Equipment, Net$5,288,886$5,199,402▼ $89,484
Other Notes and Loans Receivable, Net-$1,000,000-
Savings and Temporary Cash Investments$147,055$706,599▲ $559,544
Total Assets$12,575,228$12,511,974▼ $63,254
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,046,036$2,874,750▼ $171,286
Accounts Payable and Accrued Expenses$543,585--
Total Liabilities$3,589,621$2,874,750▼ $714,871
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,985,607$9,637,224▲ $651,617
Total Net Assets Fund Balance$8,985,607$9,637,224▲ $651,617
Total Liabilities and Net Assets / Fund Balance$12,575,228$12,511,974▼ $63,254

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,311,743$117,793$3,802,592
Land$884,241-$231,185
Equipment$3,418$2,279$5,697
Other Securities$5,605,973--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Josh SmithPresident &
Brett TollmanRegular Mana
Bryan CollierRegular Mana
Cyntoia Brown LongRegular Mana
Tracy SmithSpecial Mana
Revenue and Support

Revenue Composition

Contributions and Grants
$24,000
Program Service Revenue
$0
Investment Income
$244,892
Other Revenue
$341,392
Change in Net Assets
$-25,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$500,894
Salaries, Compensation, and Employee Benefits$85,198
Grants and Similar Amounts Paid$50,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$117,292--$117,292
Interest$104,501--$104,501
Depreciation Depletion-$89,483-$89,483
Other Salaries and Wages$74,520$3,922-$78,442
Advertising$75,556--$75,556
Grants to Domestic Orgs$50,000--$50,000
Other Expenses$44,804--$44,804
Information Technology$7,926$417-$8,343
Travel$6,280--$6,280
Payroll Taxes$5,703$300-$6,003
Conferences and Meetings$1,809--$1,809
Office Expenses$1,149$209-$1,358
Occupancy$1,254$66-$1,320
Other Employee Benefits$716$37-$753
Total Functional Expenses$541,658$94,434$0$636,092
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Florida Foundation for CorrectionalTallahassee, FL501c3Support$50,000
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 vice president of finance and chief financial officer 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 an officer 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
2024-11-14
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 2023 as volunteers on the foundation's board.”

Form 990, Part IX, Line 11G

“Video production 117,292 0 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. In addition, the foundation qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(1). 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 2023 and 2022. The foundation's form 990, return of organization exempt from income tax for the years ending 2020 through 2023 are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 429 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/BOYAmt0543585
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc04TH PURPOSE FOUNDATION WAS CREATED TO BE A CATALYST TO MAKE PRISON A PLACE OF TRANSFORMATION.
IRS990/AdvertisingGrp/ProgramServicesAmt075556
IRS990/AdvertisingGrp/TotalAmt075556
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MELISSA TSCHANZ
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/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01809
IRS990/ConferencesMeetingsGrp/TotalAmt01809
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt024000
IRS990/CYGrantsAndSimilarPaidAmt050000
IRS990/CYInvestmentIncomeAmt0244892
IRS990/CYOtherExpensesAmt0500894
IRS990/CYOtherRevenueAmt0341392
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-25808
IRS990/CYSalariesCompEmpBnftPaidAmt085198
IRS990/CYTotalExpensesAmt0636092
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0610284
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt089483
IRS990/DepreciationDepletionGrp/TotalAmt089483
IRS990/Desc0MAKE PRISON A PLACE OF TRANSFORMATION BY MAKING A POSITIVE IMPACT TO OUR PRISON SYSTEMS ACROSS THE COUNTRY THROUGH RESOURCES, EDUCATION, AND SUPPORT AROUND CORRECTION STAFF MEMBERS, INMATES, AND THE GREATER COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0541658
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0117292
IRS990/FeesForServicesOtherGrp/TotalAmt0117292
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CYNTOIA BROWN LONG
IRS990/Form990PartVIISectionAGrp/PersonNm1BRETT TOLLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSH SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3TRACY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4BRYAN COLLIER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0REGULAR MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt1REGULAR MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt3SPECIAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt4REGULAR MANA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0147997
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt024000
IRS990/GrantAmt050000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt050000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt050000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0211709
IRS990/GrossReceiptsAmt0673996
IRS990/GrossRentsGrp/RealAmt0341392
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0417
IRS990/InformationTechnologyGrp/ProgramServicesAmt07926
IRS990/InformationTechnologyGrp/TotalAmt08343
IRS990/InterestGrp/ProgramServicesAmt0104501
IRS990/InterestGrp/TotalAmt0104501
IRS990/InvestmentIncomeGrp/ExclusionAmt096895
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt096895
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07139287
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05605973
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0120072
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05288886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05199402
IRS990/LandBldgEquipCostOrOtherBssAmt05319474
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt063712
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc04TH PURPOSE FOUNDATION WAS CREATED TO BE A CATALYST TO MAKE PRISON A PLACE OF TRANSFORMATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03046036
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02874750
IRS990/NetAssetsOrFundBalancesBOYAmt08985607
IRS990/NetAssetsOrFundBalancesEOYAmt09637224
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0147997
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0147997
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0341392
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0341392
IRS990/NetUnrlzdGainsLossesInvstAmt0677425
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08985607
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09637224
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt066
IRS990/OccupancyGrp/ProgramServicesAmt01254
IRS990/OccupancyGrp/TotalAmt01320
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0209
IRS990/OfficeExpensesGrp/ProgramServicesAmt01149
IRS990/OfficeExpensesGrp/TotalAmt01358
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0716
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0753
IRS990/OtherExpensesGrp/Desc0ADMIN FEES TO ETF
IRS990/OtherExpensesGrp/Desc1PROGRAM VIDEOGRAPHY
IRS990/OtherExpensesGrp/ProgramServicesAmt050148
IRS990/OtherExpensesGrp/ProgramServicesAmt144804
IRS990/OtherExpensesGrp/TotalAmt050148
IRS990/OtherExpensesGrp/TotalAmt144804
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03922
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt074520
IRS990/OtherSalariesAndWagesGrp/TotalAmt078442
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01000000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0300
IRS990/PayrollTaxesGrp/ProgramServicesAmt05703
IRS990/PayrollTaxesGrp/TotalAmt06003
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSH SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt014353
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYInvestmentIncomeAmt0384001
IRS990/PYOtherExpensesAmt0706691
IRS990/PYOtherRevenueAmt0195296
IRS990/PYRevenuesLessExpensesAmt0-545681
IRS990/PYSalariesCompEmpBnftPaidAmt0382640
IRS990/PYTotalExpensesAmt01139331
IRS990/PYTotalRevenueAmt0593650
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-25808
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0341392
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0147055
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0706599
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/SupportNonSupportedOrgInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION MADE GRANTS TO OTHER 501(C)(3) NONPROFIT ORGANIZATIONS THAT SERVE THE CHARITABLE PURPOSES OF EAST TENNESSEE FOUNDATION, THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0620807696
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt050148
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt050148
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04311743
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0117793
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0626944
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03802592
IRS990ScheduleD/EquipmentGrp/BookValueAmt03418
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02279
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05697
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0884241
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0653056
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0231185
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05605973
IRS990ScheduleD/OtherSecuritiesGrp/Desc0COMMINGLED FUND INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). 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 2023 AND 2022. THE FOUNDATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDING 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05199402
IRS990ScheduleD/TotalBookValueSecuritiesAmt05605973
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FLORIDA FOUNDATION FOR CORRECTIONAL
IRS990ScheduleI/RecipientTable/RecipientEIN0844942278
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0501 S CALHOUS ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TALLAHASSEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd032399
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FIVE INDIVIDUALS SERVED IN 2023 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 VICE PRESIDENT OF FINANCE AND CHIEF FINANCIAL OFFICER 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 AN OFFICER 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/ExplanationTxt6VIDEO PRODUCTION 117,292 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/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt04TH PURPOSE REALTY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0844085732
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt05199403
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL PROP
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0341392
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/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt050148
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt185199
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0EAST TENNESSEE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1EAST TENNESSEE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
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/TotalAssetsBOYAmt012575228
IRS990/TotalAssetsEOYAmt012511974
IRS990/TotalAssetsGrp/BOYAmt012575228
IRS990/TotalAssetsGrp/EOYAmt012511974
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt024000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094434
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0541658
IRS990/TotalFunctionalExpensesGrp/TotalAmt0636092
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03589621
IRS990/TotalLiabilitiesEOYAmt02874750
IRS990/TotalLiabilitiesGrp/BOYAmt03589621
IRS990/TotalLiabilitiesGrp/EOYAmt02874750
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08985607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09637224
IRS990/TotalProgramServiceExpensesAmt0541658
IRS990/TotalRevenueGrp/ExclusionAmt0586284
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0610284
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012575228
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012511974
IRS990/TravelGrp/ProgramServicesAmt06280
IRS990/TravelGrp/TotalAmt06280
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0520 W SUMMIT HILL DRIVE SUITE 1101
IRS990/USAddress/CityNm0KNOXVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037902
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt04THPURPOSE.ORG
IRS990/WhistleblowerPolicyInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,511,974
Liabilities
$2,874,750
Net assets
$9,637,224
Revenue
$610,284
Expenses
$636,092
Net income
-$25,808
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
2023Detailed filing. Detailed filing data is available for this year.$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