Mighty Ally
- Assets
- $62.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-2159790
Organization Overview
Mighty Ally is located in Nashville, TN. The organization was established in 2018. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mighty Ally is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MIGHTY ALLY INSTITUTE PROVIDES ONE ON ONE TRAINING THAT EQUIPS AFRICAN-LED, EARLY STAGE SOCIAL VENTURES FOR GROWTH THROUGH BRAND WORKSHOPS, TOOLS COACHING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Rann President | 1 | $0 | |
Sarah Brown Treasurer | 5 | $0 | |
Kevin Brown Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,314 |
| Total Program Service Revenue | $87,262 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,576 |
| 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 | $35,999 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $393 |
| Total expenses | $36,392 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,824 |
| Other assets | $0 |
| Total assets | $62,134 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,134 |
Peer Organizations
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|---|---|---|
Techbridge Inc Atlanta, GA | $3,109,036 | $6,062,180 |
Center For Nonprofit Excellence Charlottesville, VA | $2,004,841 | $1,760,863 |
Center For Nonprofit Excellence Louisville, KY | $886,461 | $850,619 |
Leading To Movement Inc Atlanta, GA | $245,803 | $700,000 |
Hands On Northwest North Carolina Winstonsalem, NC | $970,859 | $1,133,440 |
Lead Institute Inc Atlanta, GA | $0 | $0 |
Nwa Gives Organization Fayetteville, AR | $34,756 | $0 |
Mighty Ally Nashville, TN | $62,134 | $0 |
Opp Vision In Action Foundation Opp, AL | $2,129 | $0 |
Humanistic Leadership Institute Inc Lilburn, GA | $451,064 | $91,265 |
Tax Credit Benevolent Association St Louis, MO | $553,212 | $550,000 |
Tmi Arlington Arlington, VA | $0 | $0 |