City Fields is located in Cleveland, TN. The organization was established in 2017. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, City Fields employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Fields 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, City Fields generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 65.5% each year . All expenses for the organization totaled $994.2k during the year ending 12/2023. 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
TO BE A CATALYST FOR CHANGE IN CLEVELAND'S MOST OVERLOOKED NEIGHBORHOODS BY HELPING CULTIVATE PEOPLE AND THE ENVIRONMENTS AROUND THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL AND SOCIAL REVITALIZATION, ECONOMIC DEVELOPMENT, NEIGHBORHOOD SAFETY, AND LEADERSHIP DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Berry Director | Trustee | 1 | $0 |
Kyle Stokes Director | Trustee | 1 | $0 |
Trae Cody President | OfficerTrustee | 1 | $0 |
Brian Workman Director | Trustee | 1 | $0 |
Ben Craig Director | Trustee | 1 | $0 |
John Mcintosh Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $130,324 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $23,270 |
All other contributions, gifts, grants, and similar amounts not included above | $999,365 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,152,959 |
Total Program Service Revenue | $3,850 |
Investment income | $4,707 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,885 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,156,631 |
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. | $101,331 |
Compensation of current officers, directors, key employees. | $5,620 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $233,312 |
Pension plan accruals and contributions | $6,005 |
Other employee benefits | $39,125 |
Payroll taxes | $24,443 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,408 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,350 |
Advertising and promotion | $15,115 |
Office expenses | $13,934 |
Information technology | $6,938 |
Royalties | $0 |
Occupancy | $9,025 |
Travel | $9,152 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,984 |
Interest | $11,496 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,754 |
Insurance | $14,477 |
All other expenses | $2,015 |
Total functional expenses | $994,160 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $956,629 |
Savings and temporary cash investments | $101,259 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,192 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $797,078 |
Prepaid expenses and deferred charges | $10,000 |
Net Land, buildings, and equipment | $21,279 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,893,437 |
Accounts payable and accrued expenses | $15,819 |
Grants payable | $0 |
Deferred revenue | $1,850 |
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 | $300,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $317,669 |
Net assets without donor restrictions | $744,182 |
Net assets with donor restrictions | $831,586 |
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 | $1,893,437 |