Knowledge Bank
- Assets
- $494.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-0639356
Organization Overview
Knowledge Bank is located in Nashville, TN. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Knowledge Bank 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 12/2022, Knowledge Bank generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (68.2%) each year. All expenses for the organization totaled $59.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
KNOWLEDGE BANK PROVIDES A FINANCE THE FUTURE PROGRAM, WITH A GUIDED PROGRAM AIMED TO EDUCATE KIDS ON HOW THEY CAN BEST SAVE, SPEND AND SHARE MONEY RESPONSIBLY. KIDS GET TO START A BANK ACCOUNT, WITH 3 INDIVIDUAL BANKS FOR SAVING, SPENDING, AND SHARING. THE PROGRAM PROVIDES GUIDING QUESTIONS FOR WEEKLY MONEY GOALS. THE PROGRAM HELPS KIDS LEARN THE VOCABULARY AND TERMS INVOLVED IN BANKING WITH SIMPLE EXPLANATIONS. FINALLY, THE PROGRAM PROVIDES A PLATFORM FOR KIDS TO TRACK THEIR MONEY AND FINANCIAL ACTIVITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Hale Executive Di | 15 | $0 | |
Issac Addae Board Member | 0 | $0 | |
Alfred Degrafinreid III Board Member | 0 | $0 | |
Brenton Harrison Board Member | 0 | $0 | |
Jason Hill Treasurer | 0 | $0 | |
Kalisha Moore Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,494 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,560 |
| Total expenses | $59,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $494 |
| Other assets | $0 |
| Total assets | $494 |
| Total liabilities | $0 |
| Net assets or fund balances | $494 |