Civic Intelligence

Properties Tr

990 • Fiscal year 2022 • EIN 85-6300065

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 18, 2023

Organization ProfileWWW.MTCBSA.ORG
3414 Hillsboro PikeNashville, TN 37215

(615) 850-8914

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

5th percentile

0.00x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

2nd percentile

-267%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

35th percentile

-3.7%

Faster asset growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2022

Revenue Growth

6th percentile

-54%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / Assets5th percentile

Assets

Down

$18,602,070

Down $229,847 (-1.2%) from 2021

Net Assets

Down

$18,602,070

Down $229,847 (-1.2%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin2nd percentile

Revenue

Down

$184,745

Down $150,872 (-45%) from 2021

Expenses

Down

$677,128

Down $33,040 (-4.7%) from 2021

Net Income

Down

-$492,383

Down $117,832 (-31%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$30M$20M$10M$0Assets 2020: $20,045,527Liabilities 2020: $7,853Net Assets 2020: $20,037,6742020Assets 2021: $18,831,917Liabilities 2021: $0Net Assets 2021: $18,831,9172021Assets 2022: $18,602,070Liabilities 2022: $0Net Assets 2022: $18,602,0702022Assets 2023: $19,354,770Liabilities 2023: $0Net Assets 2023: $19,354,7702023Assets 2024: $23,260,001Liabilities 2024: $1,125,819Net Assets 2024: $22,134,1822024

Highlighted filing

2022

Assets$18,602,070
Liabilities$0
Net Assets$18,602,070
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $858,670Expenses 2020: $787,756Net Income 2020: $70,9142020Revenue 2021: $335,617Expenses 2021: $710,168Net Income 2021: -$374,5512021Revenue 2022: $184,745Expenses 2022: $677,128Net Income 2022: -$492,3832022Revenue 2023: $1,649,768Expenses 2023: $714,571Net Income 2023: $935,1972023Revenue 2024: $3,191,676Expenses 2024: $804,343Net Income 2024: $2,387,3332024

Highlighted filing

2022

Revenue$184,745
Expenses$677,128
Net Income-$492,383
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 18, 2023
Return Version
2022v5.0
Gross Receipts
$184,745
Mission and Program Overview

Mission

The properties trust under agreement dated june 12, 2020 (the 'properties trust') is a tennessee charitable trust whose purpose is to support the activities, purposes, and mission of the middle tennessee council, inc., boy scouts of america ('mtc'), a tennessee nonprofit public benefit corporation exempt from federal income taxation under section 501(c)(3) of the code that has been in existence for nearly 90 years. Further, the properties trust has been established to be a supporting organization within the meaning of secton 509(a)(3) of the code (a 'supporting organization') and, more specifically, a type i supporting organization under section 509(a)(3)(b)(i) of the code (a 'type i supporting organization') with respect to mtc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,946,051$14,748,080▲ $802,029
Cash and Non-Interest-Bearing Accounts$4,390,446$2,956,572▼ $1,433,874
Savings and Temporary Cash Investments$1,188,828$897,418▼ $291,410
Total Assets$18,831,917$18,602,070▼ $229,847
Other Assets Total$-693,408$0▲ $693,408
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,366,121$14,190,652▼ $175,469
Net Assets With Donor Restrictions$4,465,796$4,411,418▼ $54,378
Total Net Assets Fund Balance$18,831,917$18,602,070▼ $229,847
Total Liabilities and Net Assets / Fund Balance$18,831,917$18,602,070▼ $229,847

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,708,304$11,665,889$19,374,193
Land$5,324,687-$5,324,687
Other Land Buildings$1,475,643-$1,475,643
Leasehold Improvements$239,446$158,781$398,227
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Clay BrightChair and Trustee
Craig BeckerTrustee
Greg CashionTrustee
Harris HastonTrustee
Hill McalisterTrustee
John HarneyTrustee
Phil PfefferTrustee
Rob MccabeTrustee
Steve BlackmonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$184,745
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$184,745
Change in Net Assets
$-492,383

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$99,450Fair Market Value
Total Noncash Contributions3$99,450-

Audited Revenue Reconciliation

Revenue per Audited Statements
$184,745
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$184,745
Total Revenue per Form 990
$184,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$618,779
Total Fundraising Expense$71,718
Salaries, Compensation, and Employee Benefits$58,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$425,567$31,139$62,279$518,985
Occupancy$84,654$1,204$2,408$88,266
Other Salaries and Wages$41,868$3,064$6,127$51,059
Fees for Services Other$672$6,388$60$7,120
Payroll Taxes$3,360$182$365$3,907
Other Employee Benefits$2,872$170$341$3,383
Insurance$2,551$53$105$2,709
Other Expenses$432$15$31$478
Total Functional Expenses$563,194$42,216$71,718$677,128

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$686,856
Total Expenses per Form 990$677,128
Expenses per Audited Statements$677,127
Expenses Not Reported on Form 990$9,729
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

“A copy of the 990 is provided to the board finance subcommittee for approval prior to filing but is not provided to the full board.”

Form 990, Part VI, Section B, Line 12C

“There is an annual review with the board.”

Form 990, Part VI, Section B, Line 15

“All employee compensation requires board approval.”

Form 990, Part VI, Section C, Line 19

“The organization governing documents, conflict of interest policy and financial statements are available to the public upon request. Financials are also available on guidestar and d&b.”

PART VI, SECTION C, LINE 19:

“The organization continues to have an audit committee who assumes responsibility of selecting an independent accountant to audit its financial statements. This process has not changed from prior years.”

Filing and Contact Details

Filer

Filer Name
Properties Trust
EIN
85-6300065
Phone
6158508914
Address
3414 HILLSBORO PIKE, NASHVILLE, TN 37215

Signing Officer

Name
Clay Bright
Title
Chairman
Phone
6158508914
Signed
2023-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clay Bright
Formed
2020
Legal Domicile
Tn
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Lbmc Pc
Address
PO BOX 1869, BRENTWOOD, TN 37024-1869
Preparer
Mayumi Stella
Phone
6153774600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer of funds from boy scouts of america - middle tn 300,000. Transfer of assets to boy scouts of america - middle tn -37,465. Rounding 1.”

Financial Statement Notes

PART X, LINE 2:

“The properties trust under agreement dated june 12, 2020 (the 'properties trust') is a tennessee charitable trust whose purpose is to support the activities, purposes, and mission of middle tennessee council, inc., boy scouts of america ('mtc'), a tennessee nonprofit public benefit corporation exempt from federal income taxation under section 501(a) of the internal revenue code of 1986, as amended (the 'code'), as an organization described under section 501(c)(3) of the code that has been in existence for nearly 90 years. Further, the properties trust has been established to be a supporting organization within the meaning of section 509(a)(3) of the code (a 'supporting organization') and, more specifically, a type i supporting organization under section 509(s)(3)(b)(i) of the code (a 'type i supporting organization') with respect to mtc.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Deprecition expense transferred to boy scouts of america 9,729.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“ROUNDING 1.”

Raw XML AppendixShowing 400 of 476 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE PROPERTIES TRUST UNDER AGREEMENT DATED JUNE 12, 2020 (THE 'PROPERTIES TRUST') IS A TENNESSEE CHARITABLE TRUST WHOSE PURPOSE IS TO SUPPORT THE ACTIVITIES, PURPOSES, AND MISSION OF THE MIDDLE TENNESSEE COUNCIL, INC., BOY SCOUTS OF AMERICA ('MTC'), A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE THAT HAS BEEN IN EXISTENCE FOR NEARLY 90 YEARS. FURTHER, THE PROPERTIES TRUST HAS BEEN ESTABLISHED TO BE A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTON 509(A)(3) OF THE CODE (A 'SUPPORTING ORGANIZATION') AND, MORE SPECIFICALLY, A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3)(B)(I) OF THE CODE (A 'TYPE I SUPPORTING ORGANIZATION') WITH RESPECT TO MTC.
IRS990/AllOtherContributionsAmt0184745
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NHU NGUYEN
IRS990/BooksInCareOfDetail/PhoneNum06158508914
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03414 HILLSBORO PIKE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037215
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt04390446
IRS990/CashNonInterestBearingGrp/EOYAmt02956572
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0184745
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0618779
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-492383
IRS990/CYSalariesCompEmpBnftPaidAmt058349
IRS990/CYTotalExpensesAmt0677128
IRS990/CYTotalFundraisingExpenseAmt071718
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0184745
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt062279
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt031139
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0425567
IRS990/DepreciationDepletionGrp/TotalAmt0518985
IRS990/Desc0THE PROPERTIES TRUST UNDER AGREEMENT DATED JUNE 12, 2020 (THE 'PROPERTIES TRUST') IS A TENNESSEE CHARITABLE TRUST WHOSE PURPOSE IS TO SUPPORT THE ACTIVITIES, PURPOSES, AND MISSION OF THE MIDDLE TENNESSEE COUNCIL, INC., BOY SCOUTS OF AMERICA ('MTC'), A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE THAT HAS BEEN IN EXISTENCE FOR NEARLY 90 YEARS. FURTHER, THE PROPERTIES TRUST HAS BEEN ESTABLISHED TO BE A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTON 509(A)(3) OF THE CODE (A 'SUPPORTING ORGANIZATION') AND, MORE SPECIFICALLY, A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3)(B)(I) OF THE CODE (A 'TYPE I SUPPORTING ORGANIZATION') WITH RESPECT TO MTC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04465796
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04411418
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0563194
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/FundraisingAmt060
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06388
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0672
IRS990/FeesForServicesOtherGrp/TotalAmt07120
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0CLAY BRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm1CRAIG BECKER
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE BLACKMON
IRS990/Form990PartVIISectionAGrp/PersonNm3GREG CASHION
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN HARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm5HARRIS HASTON
IRS990/Form990PartVIISectionAGrp/PersonNm6HILL MCALISTER
IRS990/Form990PartVIISectionAGrp/PersonNm7ROB MCCABE
IRS990/Form990PartVIISectionAGrp/PersonNm8PHIL PFEFFER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR AND TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0184745
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0105
IRS990/InsuranceGrp/ManagementAndGeneralAmt053
IRS990/InsuranceGrp/ProgramServicesAmt02551
IRS990/InsuranceGrp/TotalAmt02709
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011824670
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013946051
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014748080
IRS990/LandBldgEquipCostOrOtherBssAmt026572750
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PROPERTIES TRUST UNDER AGREEMENT DATED JUNE 12, 2020 (THE 'PROPERTIES TRUST') IS A TENNESSEE CHARITABLE TRUST WHOSE PURPOSE IS TO SUPPORT THE ACTIVITIES, PURPOSES, AND MISSION OF THE MIDDLE TENNESSEE COUNCIL, INC., BOY SCOUTS OF AMERICA ('MTC'), A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE THAT HAS BEEN IN EXISTENCE FOR NEARLY 90 YEARS. FURTHER, THE PROPERTIES TRUST HAS BEEN ESTABLISHED TO BE A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTON 509(A)(3) OF THE CODE (A 'SUPPORTING ORGANIZATION') AND, MORE SPECIFICALLY, A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3)(B)(I) OF THE CODE (A 'TYPE I SUPPORTING ORGANIZATION') WITH RESPECT TO MTC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018831917
IRS990/NetAssetsOrFundBalancesEOYAmt018602070
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014366121
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014190652
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt099450
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/FundraisingAmt02408
IRS990/OccupancyGrp/ManagementAndGeneralAmt01204
IRS990/OccupancyGrp/ProgramServicesAmt084654
IRS990/OccupancyGrp/TotalAmt088266
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-693408
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0262536
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0341
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0170
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02872
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03383
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt02
IRS990/OtherExpensesGrp/FundraisingAmt131
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115
IRS990/OtherExpensesGrp/ProgramServicesAmt01218
IRS990/OtherExpensesGrp/ProgramServicesAmt1432
IRS990/OtherExpensesGrp/TotalAmt01221
IRS990/OtherExpensesGrp/TotalAmt1478
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06127
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03064
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041868
IRS990/OtherSalariesAndWagesGrp/TotalAmt051059
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0365
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0182
IRS990/PayrollTaxesGrp/ProgramServicesAmt03360
IRS990/PayrollTaxesGrp/TotalAmt03907
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CLAY BRIGHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0335617
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0647651
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-374551
IRS990/PYSalariesCompEmpBnftPaidAmt062517
IRS990/PYTotalExpensesAmt0710168
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0335617
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-492383
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01188828
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0897418
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0620477729
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOY SCOUTS OF AMERICA 560 MIDDLE TENNESSEE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt07708304
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011665889
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019374193
IRS990ScheduleD/ExpensesNotReportedAmt09729
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt0677127
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05324687
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05324687
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0239446
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0158781
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0398227
IRS990ScheduleD/OtherExpensesIncludedAmt09729
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01475643
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01475643
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0184745
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROPERTIES TRUST UNDER AGREEMENT DATED JUNE 12, 2020 (THE 'PROPERTIES TRUST') IS A TENNESSEE CHARITABLE TRUST WHOSE PURPOSE IS TO SUPPORT THE ACTIVITIES, PURPOSES, AND MISSION OF MIDDLE TENNESSEE COUNCIL, INC., BOY SCOUTS OF AMERICA ('MTC'), A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE 'CODE'), AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE CODE THAT HAS BEEN IN EXISTENCE FOR NEARLY 90 YEARS. FURTHER, THE PROPERTIES TRUST HAS BEEN ESTABLISHED TO BE A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE (A 'SUPPORTING ORGANIZATION') AND, MORE SPECIFICALLY, A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(S)(3)(B)(I) OF THE CODE (A 'TYPE I SUPPORTING ORGANIZATION') WITH RESPECT TO MTC.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECITION EXPENSE TRANSFERRED TO BOY SCOUTS OF AMERICA 9,729.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ROUNDING 1.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014748080
IRS990ScheduleD/TotalExpensesPerForm990Amt0677128
IRS990ScheduleD/TotalRevenuePerForm990Amt0184745
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0184745
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0686856
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt03
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt099450
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS REPORTING IN PART I, COLUMN (B), THE NUMBER OF CONTRIBUTIONS.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS PROVIDED TO THE BOARD FINANCE SUBCOMMITTEE FOR APPROVAL PRIOR TO FILING BUT IS NOT PROVIDED TO THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS AN ANNUAL REVIEW WITH THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL EMPLOYEE COMPENSATION REQUIRES BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIALS ARE ALSO AVAILABLE ON GUIDESTAR AND D&B.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER OF FUNDS FROM BOY SCOUTS OF AMERICA - MIDDLE TN 300,000. TRANSFER OF ASSETS TO BOY SCOUTS OF AMERICA - MIDDLE TN -37,465. ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION CONTINUES TO HAVE AN AUDIT COMMITTEE WHO ASSUMES RESPONSIBILITY OF SELECTING AN INDEPENDENT ACCOUNTANT TO AUDIT ITS FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI, SECTION C, LINE 19:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BOY SCOUTS OF AMERICA 560 MIDDLE TENNESSEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620477729
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY EVENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03414 HILLSBORO PIKE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NASHVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037215
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0300000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BOY SCOUTS OF AMERICA 560 MIDDLE TENNESSEE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$18,602,070
Liabilities
$0
Net assets
$18,602,070
Revenue
$184,745
Expenses
$677,128
Net income
-$492,383
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.3$1.13$22.1$3.19$0.80$2.39
2023Detailed filing. Detailed filing data is available for this year.$19.4$0.00$19.4$1.65$0.71$0.94
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$0.00$18.6$0.18$0.68$0.49
2021Detailed filing. Detailed filing data is available for this year.$18.8$0.00$18.8$0.34$0.71$0.37
2020Detailed filing. Detailed filing data is available for this year.$20.0$0.01$20.0$0.86$0.79$0.07