Percy Priest Parent Teacher Organization
- Assets
- $276.0k
- Revenue
- $356.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/2002
- Data as of
- 06/2024
- EIN
- 04-3588824
Organization Overview
Percy Priest Parent Teacher Organization is located in Nashville, TN. The organization was established in 2002. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Percy Priest Parent Teacher Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Percy Priest Parent Teacher Organization generated $356.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $586.9k during the year ending 06/2024. While expenses have increased by 15.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Percy Priest Parent Teacher Organization has awarded 21 individual grants totaling $1,996,005. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE FACULTY AND STUDENTS OF PERCY PRIEST ELEMENTARY SCHOOL AND TO FUND CERTAIN PROGRAMS AND ADJUNCT FACULTY IN ORDER TO OFFER CERTAIN LEARNING ACTIVITIES THAT OTHERWISE MIGHT NOT BE ABLE TO BE GIVEN DUE TO SCHOOL BUDGET CONSTRAINTS, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERSONNEL: FUNDED ALL OR PART OF SPECIALLY TRAINED PERSONNEL INCLUDING SCIENCE LAB TEACHER AND TEACHING ASSISTANTS
TEACHER AND SCHOOL PROVISIONS AND SUPPLIES: ART, MUSIC, LIBRARY, CLASSROOM TEACHERS, PLAYGROUND EQUIPMENT, SUPPLIES AND SPECIALISTS AS WELL AS PHYSICAL EDUCATION SUPPLIES TO SUPPORT AND SUPPLEMENT EDUCATIONAL OBJECTIVES
TO HELP CONSTRUCT THE NEW SCHOOL BUILDING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Libba Alden President | OfficerTrustee | 5 | $0 |
Jenny Alfrey Vice President | OfficerTrustee | 2 | $0 |
Erin Kiser Secretary & VP Administration | OfficerTrustee | 2 | $0 |
Carlin Graham Treasurer | OfficerTrustee | 2 | $0 |
Mary Grace Robb Asst Treasurer | OfficerTrustee | 2 | $0 |
Marcy Burridge Fundraising Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,675 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,633 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $307,308 |
| Total Program Service Revenue | $0 |
| Investment income | $4,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,390 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,124 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $356,546 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $569,559 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,044 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $540 |
| All other expenses | $12,706 |
| Total functional expenses | $586,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,558 |
| Savings and temporary cash investments | $207,251 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,492 |
| Prepaid expenses and deferred charges | $722 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $276,023 |
| Accounts payable and accrued expenses | $30,703 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,703 |
| Net assets without donor restrictions | $245,320 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $276,023 |
Grants Awarded
Over the last fiscal year, Percy Priest Parent Teacher Organization has awarded $569,559 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
METRO NASHVILLE PUBLIC SCHOOLS PURPOSE: TO FUND ALL OR PART OF SPECIALLY TRAINED PERSONNEL INCLUDING SCIENCE LAB TEACHER AND TRAINING ASSISTANTS | $114,968 |
PENCIL FOUNDATION PURPOSE: TO HELP CONSTRUCT THE NEW SCHOOL BUILDING | $401,100 |
PERCY PRIEST ELEMENTARY SCHOOL PURPOSE: TO SUPPORT THE FACULTY AND STUDENTS OF PERCY PRIEST ELEMENTARY SCHOOL | $53,491 |