Civic Intelligence

The Bottom

990 • Fiscal year 2023 • EIN 85-2398999

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

2340 East MagnoliaKnoxville, TN 37917

(865) 444-5915

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-9.6%

Higher net margin than 28% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

36th percentile

-6.9%

Faster asset growth than 36% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

29%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$213,869

Down $15,840 (-6.9%) from 2022

Net Assets

Down

$213,869

Down $15,840 (-6.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$332,179

Up $75,145 (+29%) from 2022

Expenses

Up

$364,119

Up $125,196 (+52%) from 2022

Net Income

Down

-$31,940

Down $50,051 (-276%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2021: $115,516Liabilities 2021: $0Net Assets 2021: $115,5162021Assets 2022: $229,709Liabilities 2022: $0Net Assets 2022: $229,7092022Assets 2023: $213,869Liabilities 2023: $0Net Assets 2023: $213,8692023Assets 2024: $386,812Liabilities 2024: $2,361Net Assets 2024: $384,4512024

Highlighted filing

2023

Assets$213,869
Liabilities$0
Net Assets$213,869

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $229,481Expenses 2021: $114,546Net Income 2021: $114,9352021Revenue 2022: $257,034Expenses 2022: $238,923Net Income 2022: $18,1112022Revenue 2023: $332,179Expenses 2023: $364,119Net Income 2023: -$31,9402023Revenue 2024: $486,264Expenses 2024: $326,333Net Income 2024: $159,9312024

Highlighted filing

2023

Revenue$332,179
Expenses$364,119
Net Income-$31,940
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$378,103
Mission and Program Overview

Mission

The Bottom stands to build community, celebrate culture and engage the creativity of Black people in Knoxville.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$153,563$128,815▼ $24,748
Land, Buildings, and Equipment, Net$80,000$80,000→ $0
Inventories for Sale or Use$12,246$4,985▼ $7,261
Accounts Receivable-$68-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$245,809$213,869▼ $31,940
Other Assets Total-$1-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$245,809$156,220▼ $89,589
Net Assets With Donor Restrictions-$57,649-
Total Net Assets Fund Balance$245,809$213,869▼ $31,940
Total Liabilities and Net Assets / Fund Balance$245,809$213,869▼ $31,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$80,000-$80,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brandi AugustusPresident
Annastasia WilliamBookstore Director
Charice StarrDirector
Michelle ChristianDirector
Roxy SlayDirector
Sherley CruzDirector
Ty MurrayDirector of Art and Communication
Kalil WhiteDirector Of Operations
Enkeshi El-AminFounding Director
Joan BryantSecretary
Gabriell ChapmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$307,786
Program Service Revenue
$3,344
Investment Income
$10
Other Revenue
$21,039
All Other Contributions
$277,556
Change in Net Assets
$-31,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,576
Salaries, Compensation, and Employee Benefits$177,545
Total Fundraising Expense$37,625
Grants and Similar Amounts Paid$998
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,525$27,332$23,782$100,639
Fees for Services Other$38,077$17,574-$55,651
Office Expenses$32,926$14,850-$47,776
Other Salaries and Wages$22,648$11,743$7,549$41,940
Payroll Taxes$18,882$9,790$6,294$34,966
Occupancy-$11,233-$11,233
All Other Expenses$2,504$3,796-$6,300
Insurance-$5,681-$5,681
Other Expenses$1,968$885-$2,853
Information Technology$1,235$999-$2,234
Travel$1,000$376-$1,376
Fees for Services Accounting-$1,116-$1,116
Grants to Domestic Individuals$998--$998
Advertising$166$827-$993
Total Functional Expenses$173,798$152,696$37,625$364,119
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Bottom?s 990 Review process involves our Director of Operations sharing the draft 990 form with the Board of Directors and other members of the Admin team for review. This allows for any inaccuracies to be identified and addressed. Once the form has been reviewed, the Board of Directors holds a vote to approve the form before it is submitted to the IRS.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Bottom
EIN
85-2398999
Phone
8654445915
Address
2340 East Magnolia, Knoxville, TN 37917

Signing Officer

Name
Kalil White
Title
Director
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kalil White
Voting Board Members
7
Independent Board Members
0
Employees
9

Preparer

Firm
LaTonya L Jordan CPA
Address
PO Box 5301, Knoxville, TN 37928
Preparer
LaTonya Jordan
Phone
8652094476
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: The Bottom's Ceramics program offers free, six-week sessions focused on ceramic hand-building techniques, nurturing BIPOC Appalachian ceramic craft culture. Participants explore skills like pinch pots, coiling, slab building, and decorative techniques such as slip trailing and sgraffito. Taught by skilled instructors, these workshops provide MFA-level experiential learning, empowering Knoxville?s Black creative community through hands-on engagement in ceramic arts. OTHER PROGRAM SERVICES 5: In 2023, The Bottom?s bookshop made significant strides in community engagement by hosting diverse book clubs and author events, both in-person and virtual. We formally launched our Lit Kidz Program, distributing over 185 books and offering creative workshops that served 40 children in its first year. These efforts highlight our commitment to nurturing a love of reading and supporting young minds in our community. OTHER PROGRAM SERVICES 6: In its third year, Black Creatives Meetup has continued to grow, providing outreach and support to Black artists since 2021. This year, we introduced a monthly exhibition and reception series to highlight local artists, leading to greater exposure and art sales. We also expanded our capacity for workshops, focusing on the professional, artistic, and social development of Black creatives in our community. OTHER PROGRAM SERVICES 7: Other Programs

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/OtherSalariesAndWagesGrp/TotalAmt041940
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/FundraisingAmt06294
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09790
IRS990/PayrollTaxesGrp/ProgramServicesAmt018882
IRS990/PayrollTaxesGrp/TotalAmt034966
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Kalil White
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IRS990/ProgramServiceRevenueGrp/Desc0Event Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03344
IRS990/ProgSrvcAccomActy2Grp/Desc0Through the Sew It Sell It program students develop professional business skills. In 2023, the program expanded to include not only sewing but embroidery, product photography and natural dye.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt042778
IRS990/ProgSrvcAccomActy2Grp/GrantAmt03640
IRS990/ProgSrvcAccomActy3Grp/Desc0In 2023, The Bottom?s bookshop made significant strides in community engagement by hosting diverse book clubs and author events, both in-person and virtual. We formally launched our Lit Kidz Program, distributing over 185 books and offering creative workshops that served 40 children in its first year. These efforts highlight our commitment to nurturing a love of reading and supporting young minds in our community.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041916
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt063165
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0186558
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt058920
IRS990/PYOtherRevenueAmt042923
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IRS990/PYSalariesCompEmpBnftPaidAmt052626
IRS990/PYTotalExpensesAmt0114546
IRS990/PYTotalProfFndrsngExpnsAmt03000
IRS990/PYTotalRevenueAmt0229481
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IRS990/RentalIncomeOrLossGrp/RealAmt04567
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt094059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0196594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0477241
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0186588
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0477241
IRS990ScheduleA/TotalSupportAmt0489423
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IRS990ScheduleD/BuildingsGrp/BookValueAmt080000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt080000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt080000
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: The Bottom's Ceramics program offers free, six-week sessions focused on ceramic hand-building techniques, nurturing BIPOC Appalachian ceramic craft culture. Participants explore skills like pinch pots, coiling, slab building, and decorative techniques such as slip trailing and sgraffito. Taught by skilled instructors, these workshops provide MFA-level experiential learning, empowering Knoxville?s Black creative community through hands-on engagement in ceramic arts. OTHER PROGRAM SERVICES 5: In 2023, The Bottom?s bookshop made significant strides in community engagement by hosting diverse book clubs and author events, both in-person and virtual. We formally launched our Lit Kidz Program, distributing over 185 books and offering creative workshops that served 40 children in its first year. These efforts highlight our commitment to nurturing a love of reading and supporting young minds in our community. OTHER PROGRAM SERVICES 6: In its third year, Black Creatives Meetup has continued to grow, providing outreach and support to Black artists since 2021. This year, we introduced a monthly exhibition and reception series to highlight local artists, leading to greater exposure and art sales. We also expanded our capacity for workshops, focusing on the professional, artistic, and social development of Black creatives in our community. OTHER PROGRAM SERVICES 7: Other Programs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Bottom?s 990 Review process involves our Director of Operations sharing the draft 990 form with the Board of Directors and other members of the Admin team for review. This allows for any inaccuracies to be identified and addressed. Once the form has been reviewed, the Board of Directors holds a vote to approve the form before it is submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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IRS990/UponRequestInd0X

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