The Contributor Inc is located in Nashville, TN. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Contributor Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contributor Inc 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 12/2023, Contributor Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 9.9% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRINT AND DISTRIBUTE A WEEKLY NEWSPAPER THAT FOCUSES ON ISSUES SURROUNDING HOMELESSNESS AND POVERTY AND IS SOLD BY HOMELESS AND FORMERLY HOMELESS INDIVIDUALS ON THE STREET AS AN ALTERNATIVE TO PANHANDLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR C.O.V.E.R. HOUSING NAVIGATION PROGRAM OFFERS PERSON-CENTERED SUPPORT TO OUR VENDORS, FROM OBTAINING IDENTIFICATION AND LIFE-LINE PHONES, TO FINDING AND FURNISHING AN APARTMENT, OUR APPROACH IS TESTED ON THE GROUND EVERY SINGLE DAY AND IS ALSO BACKED UP BY ROBUST LONGITUDINAL RESEARCH ACROSS COMMUNITIES WORLDWIDE. THE HOUSING FIRST MODE HAS SHOWN PROMISING RESULTS IN IMPROVING THE QUALITY OF LIFE AND CHANGING THE CIRCUMSTANCES OF UNHOUSED PERSONS. HOWEVER, THE CONTRIBUTOR'S MODEL PROVIDES A CRUCIAL MISSING PIECE: CONSISTENT, REGULAR CONTACT AND SMALL-SCALE AID TO ITS CONSTITUENTS, COMBINED WITH ACTUAL INCOME TO SECURE INTERIM HOUSING AND NECESSITIES. RESEARCH SHOWS OF ALL VENDORS WHO SELL THE CONTRIBUTOR FOR SIX MONTHS OR MORE, OVER SEVENTY PERCENT TRANSITION INTO PERMANENT HOUSING.
WE PRINT A BI-WEEKLY, HYPERLOCAL NEWSPAPER THAT CHALLENGES STEREOTYPES SURROUNDING HOMELESSNESS AND TELLS THE STORIES OF OUR CONTRIBUTOR VENDORS. PEOPLE EXPERIENCING HOMELESSNESS RECEIVE TRAINING AND CREATE THEIR OWN MICRO-BUSINESS BY PURCHASING COPIES OF THE PAPER AND SELLING THEM TO THE PUBLIC. CONTRIBUTOR VENDORS RECEIVE A STARTER PACK THAT ALLOWS THEM TO BEGIN SAFELY SELLING PAPERS IMMEDIATELY, AND A BUS PASS TO RETURN. NOT ONLY DOES THIS INCOME ENCOURAGE DIGNITY AND SELF-ESTEEM AMONG CONTRIBUTOR VENDORS, IT'S ALSO OFTEN THE CRUCIAL LIFELINE BRIDGING THE GAP BETWEEN NIGHTS ON THE STREETS AND SIGNING THE LEASE ON A HOME TO CALL ONE'S OWN. UNLIKE PANHANDLING, A VENDOR'S PAPER PURCHASES ARE TRACKED IN OUR DATABASE AND CAN BE USED FOR SUBSIDIZED AND TRADITIONAL HOUSING APPLICATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Will Connelly Part Year Ex | Officer | 40 | $8,308 |
Cathy Jennings Board Mbr/fi | OfficerTrustee | 40 | $64,568 |
Tom Wills Board Member | Trustee | 40 | $39,032 |
Kerry Graham Chair | OfficerTrustee | 2 | $0 |
Amber Duventre Chair Elect | OfficerTrustee | 1 | $0 |
Christine Doeg Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $13,803 |
Related organizations | $0 |
Government grants | $955,005 |
All other contributions, gifts, grants, and similar amounts not included above | $243,306 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,212,114 |
Total Program Service Revenue | $59,807 |
Investment income | $10,769 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,732 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$2,107 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,284,315 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250 |
Grants and other assistance to domestic individuals. | $153,001 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $127,281 |
Compensation of current officers, directors, key employees. | $1,642 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $503,622 |
Pension plan accruals and contributions | $17,514 |
Other employee benefits | $56,331 |
Payroll taxes | $48,541 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,793 |
Fees for services: Accounting | $35,443 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,723 |
Advertising and promotion | $13,093 |
Office expenses | $38,214 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,175 |
Travel | $14,973 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,431 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,496 |
Insurance | $5,416 |
All other expenses | $571 |
Total functional expenses | $1,206,375 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $639,491 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $221,041 |
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 | $1,971 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $35,243 |
Total assets | $897,746 |
Accounts payable and accrued expenses | $28,036 |
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 | $32,016 |
Total liabilities | $60,052 |
Net assets without donor restrictions | $837,694 |
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 | $897,746 |