Variety Of Eastern Tennessee
- Assets
- $1.1m
- Revenue
- $815.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Knoxville, TN
- Founding
- 07/2003
- Data as of
- 09/2023
- EIN
- 33-1025696
Organization Overview
Variety Of Eastern Tennessee is located in Knoxville, TN. The organization was established in 2003. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Variety Of Eastern Tennessee 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 09/2023, Variety Of Eastern Tennessee generated $815.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $525.4k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Variety Of Eastern Tennessee has awarded 216 individual grants totaling $2,619,493. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VARIETY OF EASTERN TENNESSEE'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE FUNDING AND SERVICES FOR PROGRAMS THAT STRIVE TO IMPROVE THE QUALITY OF LIFE FOR UNDERPRIVILEDGED, PHYSICALLY AND MENTALLY CHALLENGED, ILL, ABUSED, NEGLECTED AND ABANDONED CHILDREN IN EASTERN TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIETY PROVIDED FINANCIAL SUPPORT TO VARIOUS LOCAL CHILDREN'S CHARITIES.
KIDS ON THE GO - VARIETY PROVIDED WHEELCHAIRS AND ACCESSIBILITY EQUIPMENT FOR DISABLED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Mcclure Secretary | OfficerTrustee | 1 | $0 |
Ken Thewes Treasurer (through 01/23) | OfficerTrustee | 1 | $0 |
John Curry Past President | OfficerTrustee | 1 | $0 |
Matt Eyre President (through 08/23) | OfficerTrustee | 2 | $0 |
Eric Schwarzentraub Board Member | Trustee | 0.5 | $0 |
Robin Wilhoit Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,898 |
| Fundraising events | $184,314 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $632,348 |
| Noncash contributions included in lines 1a–1f | $7,251 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $818,560 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,094 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $815,466 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $268,491 |
| Grants and other assistance to domestic individuals. | $141,071 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,001 |
| Compensation of current officers, directors, key employees. | $16,971 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,556 |
| 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 | $0 |
| 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 | $2,038 |
| All other expenses | $0 |
| Total functional expenses | $525,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,002,890 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $82,930 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $1,085,820 |
| Accounts payable and accrued expenses | $2,658 |
| 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 | $2,658 |
| Net assets without donor restrictions | $1,083,162 |
| 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 | $1,085,820 |
Grants Awarded
Over the last fiscal year, Variety Of Eastern Tennessee has awarded $219,800 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AID TO DISTRESSED FAMILIES OF APPALACHIAN COUNTIES PURPOSE: TO PROVIDE BACKPACKS FILLED WITH SCHOOL SUPPLIES TO ECONOMICALLY DISADVANTAGED CHILDREN. | $20,000 |
BIG BROTHERS BIG SISTERS OF EAST TENNESSEE PURPOSE: TO PROVIDE FUNDING FOR BACKGROUND CHECKS FOR VOLUNTEERS WHO MENTOR UNDERPRIVILEGED CHILDREN. | $15,000 |
CASA - TN HEARTLAND PURPOSE: TO PURCHASE SUPPLIES, BACKGROUND CHECKS AND ATTEND CASA CONFERENCE TO TRAIN NEW ADVOCACY VOLUNTEERS. | $10,000 |
CASA CORRIDOR OF EAST TN PURPOSE: TO PURCHASE SUPPLIES, BACKGROUND CHECKS AND ATTEND CASA CONFERENCE TO TRAIN NEW ADVOCACY VOLUNTEERS. | $10,000 |
CASA MONROE PURPOSE: TO PURCHASE SUPPLIES, MILAGE AND BACKGROUND CHECKS TO TRAIN NEW ADVOCACY VOLUNTEERS. | $9,800 |
CASA OF BRADLEY PURPOSE: TO PURCHASE SUPPLIES, MILAGE AND BACKGROUND CHECKS TO TRAIN NEW ADVOCACY VOLUNTEERS. | $10,000 |