Tennessee Minority Purchasing Council Education Foundation
- Assets
- $313.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 62-1533810
Organization Overview
Tennessee Minority Purchasing Council Education Foundation is located in Nashville, TN. The organization was established in 1993. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Minority Purchasing Council Education Foundation 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, Tennessee Minority Purchasing Council Education Foundation generated $144.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $143.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE EDUCATION FOUNDATION WAS ESTABLISHED IN 1994 AS A 501 (C) (3) NON-PROFIT ORGANIZATION TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR AT-RISK STUDENTS IN THE NASHVILLE SCHOOL DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheri Henderson President & CEO | 20 | $0 | |
Richard Manson Director | 2 | $0 | |
Herman Williams Director | 2 | $0 | |
Kimberly Stagg Director | 2 | $0 | |
Standford Williams Director | 2 | $0 | |
Keekee Mathis Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,717 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $385 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,102 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,561 |
| Total expenses | $143,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,338 |
| Other assets | $0 |
| Total assets | $313,196 |
| Total liabilities | $140,693 |
| Net assets or fund balances | $172,503 |
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