Tennessee 4-H Foundation Inc
- Assets
- $16.2m
- Revenue
- $2.4m
- Investments
- $15.1m
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 10/1958
- Data as of
- 12/2020
- EIN
- 62-6047753
Organization Overview
Tennessee 4-H Foundation Inc is located in Knoxville, TN. The organization was established in 1958. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, 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. Tennessee 4-H Foundation 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 12/2020, Tennessee 4-H Foundation Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.8m during the year ending 12/2020. While expenses have increased by 1.5% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND SUSTAIN POSITIVE YOUTH DEVELOPMENT OPPORTUNITIES FOR 4-H MEMBERS IN TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATE AND NATIONAL CONGRESS: RECOGNIZE OUTSTANDING 4-H MEMBERS AND PROVIDE THE OPPORTUNITY FOR THEM TO LEARN HOW GOVERNMENT FUNCTIONS.AWARDS PROGRAM: THE ORGANIZATION PROMOTES AWARDS PROGRAMS IN OVER 32 EDUCATIONAL AREAS SUCH AS CITIZENSHIP AND LEADERSHIP, ENGINEERING, ANIMAL SHOWS, JUDGING EVENTS, AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Mcdonald Vice President | OfficerTrustee | 2 | $0 |
Justin Crowe Secretary | OfficerTrustee | 2 | $0 |
Matt Fennel President | OfficerTrustee | 2 | $0 |
Missy Kitts Treasurer | OfficerTrustee | 2 | $0 |
Ryan King Director | Trustee | 2 | $0 |
Kennedy Hill Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $780,330 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,076,174 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,856,504 |
| Total Program Service Revenue | $151,086 |
| Investment income | $390,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$46,490 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,369,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $113,316 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $42,394 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,535 |
| 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 | $0 |
| All other expenses | $108,334 |
| Total functional expenses | $1,792,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,057,936 |
| Pledges and grants receivable | $0 |
| 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 | $15,136,518 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,194,454 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $16,194,454 |
| Total liabilities and net assets/fund balances | $16,194,454 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Tennessee 4-H Foundation Inc has recieved totaling $374,000.
| Awarding Organization | Amount |
|---|---|
National 4-H Council Chevy Chase, MD PURPOSE: EDUCATIONAL | $314,874 |
National 4-H Council Chevy Chase, MD PURPOSE: EDUCATIONAL | $51,046 |
Midway Usa Foundation Inc Columbia, MO PURPOSE: TO FUND YOUTH SHOOTING SPORTS | $5,514 |
Edward And Rose Donnell Foundation Glencoe, IL PURPOSE: UNRESTRICTED CONTRIBUTION | $1,063 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $800 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Endowment Analysis
| Beg. Balance | $14,736,954 |
| Earnings | $1,692,632 |
| Admin Expense | $38,968 |
| Ending Balance | $16,390,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agriculture Future Of America Inc Kansas City, MO | $7,045,958 | $4,172,878 |
Family Career And Community Leaders Of America Inc Herndon, VA | $10,515,724 | $7,353,463 |
Harvest Outreach Center Inc Gladys, VA | $1,942,175 | $5,046,350 |
Georgia 4-H Club Foundation Cooperative Extension Ser Athens, GA | $9,034,027 | $3,205,781 |
Future Business Leaders Of America Phi Beta Lambda Inc Herndon, VA | $10,191,043 | $4,483,322 |
Alabama 4h Club Foundation Inc Auburn University, AL | $23,617,092 | $3,427,576 |
Tennessee 4-H Foundation Inc Knoxville, TN | $16,194,454 | $2,369,376 |
W E Skelton 4-H Educational Conference Ctr At Smith Mtn Lake Wirtz, VA | $9,946,052 | $666,967 |
Arkansas 4-H Foundation Inc Little Rock, AR | $9,320,360 | $1,535,415 |
Arrowhead Ranch Inc Normandy, TN | $228,949 | -$668,715 |
Kentucky Future Farmers Of America Foundation Inc Flemingsburg, KY | $6,579,949 | $1,581,838 |
Future Farmers Of America And Its State Associations & Local Chapter Athens, GA | $253,364 | $1,029,563 |