Tennessee Quality Award Inc
- Assets
- $86.3k
- Revenue
- $441.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Nashville, TN
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 62-1502414
Organization Overview
Tennessee Quality Award Inc, operating under the name Tn Center For Performance Exce, is located in Nashville, TN. The organization was established in 1993. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, TN Center For Performance Exce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. TN Center For Performance Exce 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 12/2021, TN Center For Performance Exce generated $441.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $407.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF TENNESSEE QUALITY AWARD, INC. D/B/A TENNESSEE CENTER FOR PERFORMANCE EXCELLENCE (TNCPE) IS TO DRIVE ORGANIZATIONAL EXCELLENCE IN TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVERY YEAR, TNCPE TRAINS 150-200 VOLUNTEERS TO SERVE ON ITS BOARD OF EXAMINERS. FOLLOWING THIS IN-DEPTH TRAINING IN THE CRITERIA FOR PERFORMANCE EXCELLENCE, EXAMINERS PROVIDE AN ESSENTIAL SERVICE TO TNCPE BY CONDUCTING THE EVALUATION AND FEEDBACK PROCESS. SOME EXAMINERS HAVE REFERRED TO THEIR EXPERIENCE AS A MINI MBA. THIS TRAINING ALSO EMPOWERS EXAMINERS TO APPLY THE CRITERIA AT THEIR OWN JOBS, IMPROVING PROCESSES AND RESULTS ALONG THE WAY. AS A RESULT, EXAMINERS SPREAD THE LESSONS OF THE CRITERIA AT A GRASS-ROOTS LEVEL - WHETHER OR NOT THEIR EMPLOYERS CHOOSE TO PARTICIPATE AS A TNCPE APPLICANT. THIS IS JUST ANOTHER WAY TNCPE ACHIEVES ITS MISSION TO LEAD BUSINESSES AND OTHER ORGANIZATIONS IN THE PURSUIT OF PERFORMANCE EXCELLENCE.
THROUGHOUT THE YEAR, TNCPE PROVIDES TRAINING OPPORTUNITIES TO ORGANIZATIONS THAT WANT TO IMPROVE PROCESSES AND RESULTS. ALL OF THESE PROGRAMS ARE EITHER FREE OR AVAILABLE AT LOW COST AND OPEN TO THE PUBLIC. ORGANIZATIONS INTERESTED IN APPLYING TO TNCPES EVALUATION AND FEEDBACK PROGRAM CAN ATTEND ONE OF TNCPES APPLICATION WORKSHOPS. OTHER WORKSHOPS THAT FOCUS ON THE CRITERIA AND PERFORMANCE IMPROVEMENT METHODS ARE HELD IN CONJUNCTION WITH THE ANNUAL EXCELLENCE IN TENNESSEE CONFERENCE. WHEN AN ORGANIZATION WINS AN EXCELLENCE AWARD, TNCPES HIGHEST HONOR, IT OFFERS A SERIES OF BEST PRACTICE TOURS FROM WHICH ATTENDEES TAKE HOME IDEAS FOR PERFORMANCE IMPROVEMENT STRATEGIES. TNCPE ALSO CONDUCTS CUSTOM TRAINING SESSIONS AND PRESENTATIONS TO INTERESTED ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamera Fields Parsons Past President And CEO | OfficerTrustee | 40 | $184,338 |
Tami Anderson Secretary | OfficerTrustee | 2 | $0 |
Heather Schoch President And CEO | OfficerTrustee | 1 | $0 |
Amy Shreve Exec Chair | OfficerTrustee | 2 | $0 |
David Jones Treasurer | OfficerTrustee | 2 | $0 |
Danette Scudder Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,905 |
| Total Program Service Revenue | $177,016 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $440,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $184,338 |
| Compensation of current officers, directors, key employees. | $18,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,682 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,776 |
| Office expenses | $268 |
| 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 | $59,935 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $392 |
| Insurance | $0 |
| All other expenses | $19,095 |
| Total functional expenses | $407,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,817 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,225 |
| 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 | $1,111 |
| Investments—publicly traded securities | $53,108 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $86,261 |
| Accounts payable and accrued expenses | $19,942 |
| 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 | $19,942 |
| Net assets without donor restrictions | $66,319 |
| 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 | $86,261 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tennessee Quality Award Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
University Health System Inc Knoxville, TN PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadership Institute Arlington, VA | $34,291,273 | $30,548,300 |
Association Of Social Work Boards Culpeper, VA | $45,860,207 | $24,599,963 |
Brighton Center Inc Newport, KY | $9,970,830 | $13,102,096 |
State Leadership Project Raleigh, NC | $3,276,148 | $7,562,272 |
Kentucky Coalition Inc London, KY | $8,646,468 | $2,988,412 |
Leadership Louisville Foundation Incorporated Louisville, KY | $5,483,171 | $2,662,724 |
Council Of State Governments Lexington, KY | $1,216,113 | $1,765,285 |
Christian Leadership Concepts Inc Brentwood, TN | $1,952,549 | $1,546,078 |
Mt Calvary Leadership Development Corporation Inc Burgaw, NC | $77,890 | $1,122,804 |
Leadership Memphis Memphis, TN | $2,991,348 | $1,241,155 |
Lead Virginia Richmond, VA | $666,110 | $964,237 |
Leadership Kentucky Foundation Inc Frankfort, KY | $2,285,909 | $1,078,544 |