Civic Intelligence

Franklin Vanguard

990 • Fiscal year 2022 • EIN 85-3189986

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

7235 Haley Industrial DriveNolensville, TN 37135

(615) 600-4808

Siviq Scores

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

Liabilities / Assets

34th percentile

0.02x

Higher debt load relative to assets than 34% of similar nonprofits.

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

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

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

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

46th percentile

$45,000

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

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

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

97th percentile

331%

Faster revenue growth than 97% of similar nonprofits.

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

Assets

Down

$979,438

Down $139,273 (-12%) from 2021

Net Assets

Up

$964,379

Up $1,048,986 (+1240%) from 2021

Liabilities

Down

$15,059

Down $1,188,259 (-99%) from 2021

Revenue

Up

$2,453,717

Up $1,884,329 (+331%) from 2021

Expenses

Up

$1,404,731

Up $750,736 (+115%) from 2021

Net Income

Up

$1,048,986

Up $1,133,593 (+1340%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2021: $1,118,711Liabilities 2021: $1,203,318Net Assets 2021: -$84,6072021Assets 2022: $979,438Liabilities 2022: $15,059Net Assets 2022: $964,3792022Assets 2023: $1,049,073Liabilities 2023: $415,814Net Assets 2023: $633,2592023

Highlighted filing

2022

Assets$979,438
Liabilities$15,059
Net Assets$964,379

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $569,388Expenses 2021: $653,995Net Income 2021: -$84,6072021Revenue 2022: $2,453,717Expenses 2022: $1,404,731Net Income 2022: $1,048,9862022Revenue 2023: $1,056,541Expenses 2023: $1,400,000Net Income 2023: -$343,4592023

Highlighted filing

2022

Revenue$2,453,717
Expenses$1,404,731
Net Income$1,048,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$2,606,947
Mission and Program Overview

Mission

Nashville Warriors Hockey Club is an elite performance training program with an emphasis on athlete development, building character, and promoting integrity while growing passion for the game of hockey. We are a local hockey club that puts athletes and their families first.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,013,751$971,305▼ $42,446
Cash and Non-Interest-Bearing Accounts$103,380$5,286▼ $98,094
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,118,711$979,438▼ $139,273
Other Assets Total$1,580$2,847▲ $1,267
Liabilities
Unsecured Notes Loans Payable$1,200,000--
Other Liabilities$3,318$15,059▲ $11,741
Total Liabilities$1,203,318$15,059▼ $1,188,259
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-84,607$964,379▲ $1,048,986
Total Net Assets Fund Balance$-84,607$964,379▲ $1,048,986
Total Liabilities and Net Assets / Fund Balance$1,118,711$979,438▼ $139,273

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$719,300$79,922$799,222
Other Land Buildings$173,115$39,236$212,351
Equipment$41,419$21,121$62,540
Buildings$37,471$1,291$38,762
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alexis LaCombeExecutive DirectorFT$45,000$45,000

Board Members and Trustees

NameTitle
Martin EratPresident
Kevin BroganDirector
Khalie SingletaryDirector
Robert BenderDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$68,087
Program Service Revenue
$929,569
Investment Income
$1,451,221
Other Revenue
$4,840
All Other Contributions
$68,087
Change in Net Assets
$1,048,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,335,907
Salaries, Compensation, and Employee Benefits$68,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$393,820$5,900-$399,720
All Other Expenses$192,522$83,713-$276,235
Other Expenses$99,688$200,553-$99,688
Depreciation Depletion$93,998--$93,998
Current Officers, Directors, Trustees, and Key Employees$45,000--$45,000
Other Salaries and Wages$17,988--$17,988
Insurance-$15,370-$15,370
Payroll Taxes-$5,836-$5,836
Travel$5,756--$5,756
Advertising-$1,794-$1,794
Interest$500--$500
Total Functional Expenses$1,091,565$313,166$0$1,404,731
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$15,059
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 990 was sent to the Board Members for review before filing the return. The board was provided with a copy of the 990 prior to filing via email and questions were addressed at the time.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Franklin Vanguard
EIN
85-3189986
Address
7235 Haley Industrial Drive, Nolensville, TN 37135

Signing Officer

Name
Martin Erat
Title
President
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
0
Employees
1

Preparer

Firm
Vetter Professional Services LLC
Address
524 E Iris Drive, Nashville, TN 37204
Preparer
Chaz Vetter
Phone
6156004808
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Bank Fees: Column (A) - Total = $1352; Column (B) - Program Services = $1052; Column (C) - Management & General = $300; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Contractors: Column (A) - Total = $13167; Column (B) - Program Services = $1667; Column (C) - Management & General = $11500; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Legal and Professional: Column (A) - Total = $2850; Column (B) - Program Services = $0; Column (C) - Management & General = $2850; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Meals: Column (A) - Total = $1801; Column (B) - Program Services = $1801; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Merchant Fees: Column (A) - Total = $853; Column (B) - Program Services = $853; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Miscellaneous: Column (A) - Total = $1025; Column (B) - Program Services = $1025; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Office: Column (A) - Total = $15365; Column (B) - Program Services = $0; Column (C) - Management & General = $15365; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

QuickBooks Processing Fees: Column (A) - Total = $4277; Column (B) - Program Services = $0; Column (C) - Management & General = $4277; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Repairs & Maintenance: Column (A) - Total = $49421; Column (B) - Program Services = $0; Column (C) - Management & General = $49421; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Supplies: Column (A) - Total = $1548; Column (B) - Program Services = $1548; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Tournament Expenses: Column (A) - Total = $99490; Column (B) - Program Services = $99490; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Uniforms: Column (A) - Total = $85086; Column (B) - Program Services = $85086; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/PYProgramServiceRevenueAmt0511200
IRS990/PYRevenuesLessExpensesAmt0-84607
IRS990/PYSalariesCompEmpBnftPaidAmt030702
IRS990/PYTotalExpensesAmt0653995
IRS990/PYTotalRevenueAmt0569388
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01048986
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0523316
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt067787
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt047600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0115387
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02217
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03438
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0930262
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0516200
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01446462
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0115387
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt067787
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt047600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0115387
IRS990ScheduleA/TotalSupportAmt01565287
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BookValueAmt037471
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01291
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt038762
IRS990ScheduleD/EquipmentGrp/BookValueAmt041419
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021121
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt062540
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0719300
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt079922
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0799222
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0173115
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039236
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0212351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015059
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Taxes
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0971305
IRS990ScheduleD/TotalLiabilityAmt015059
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 was sent to the Board Members for review before filing the return. The board was provided with a copy of the 990 prior to filing via email and questions were addressed at the time.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Fees: Column (A) - Total = $1352; Column (B) - Program Services = $1052; Column (C) - Management & General = $300; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contractors: Column (A) - Total = $13167; Column (B) - Program Services = $1667; Column (C) - Management & General = $11500; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Legal and Professional: Column (A) - Total = $2850; Column (B) - Program Services = $0; Column (C) - Management & General = $2850; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Meals: Column (A) - Total = $1801; Column (B) - Program Services = $1801; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Merchant Fees: Column (A) - Total = $853; Column (B) - Program Services = $853; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous: Column (A) - Total = $1025; Column (B) - Program Services = $1025; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Office: Column (A) - Total = $15365; Column (B) - Program Services = $0; Column (C) - Management & General = $15365; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9QuickBooks Processing Fees: Column (A) - Total = $4277; Column (B) - Program Services = $0; Column (C) - Management & General = $4277; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Repairs & Maintenance: Column (A) - Total = $49421; Column (B) - Program Services = $0; Column (C) - Management & General = $49421; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Supplies: Column (A) - Total = $1548; Column (B) - Program Services = $1548; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Tournament Expenses: Column (A) - Total = $99490; Column (B) - Program Services = $99490; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Uniforms: Column (A) - Total = $85086; Column (B) - Program Services = $85086; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01118711
IRS990/TotalAssetsEOYAmt0979438
IRS990/TotalAssetsGrp/BOYAmt01118711
IRS990/TotalAssetsGrp/EOYAmt0979438
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt068087
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0313166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01091565
IRS990/TotalFunctionalExpensesGrp/TotalAmt01404731
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01203318
IRS990/TotalLiabilitiesEOYAmt015059
IRS990/TotalLiabilitiesGrp/BOYAmt01203318
IRS990/TotalLiabilitiesGrp/EOYAmt015059
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-84607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0964379
IRS990/TotalProgramServiceExpensesAmt01091565
IRS990/TotalProgramServiceRevenueAmt0929569
IRS990/TotalReportableCompFromOrgAmt045000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02385630
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02453717
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01118711
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0979438
IRS990/TravelGrp/ProgramServicesAmt05756
IRS990/TravelGrp/TotalAmt05756
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01200000
IRS990/USAddress/AddressLine1Txt07235 Haley Industrial Drive
IRS990/USAddress/CityNm0Nolensville
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037135
IRS990/VotingMembersGoverningBodyCnt05

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