Hamilton Flourishing
- Assets
- $3.3k
- Revenue
- $228.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Chattanooga, TN
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-1871618
Organization Overview
Hamilton Flourishing is located in Chattanooga, TN. The organization was established in 2019. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Hamilton Flourishing employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamilton Flourishing 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 12/2022, Hamilton Flourishing generated $228.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $249.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SEEK THE WELL-BEING OF HAMILTON COUNTY AND CHATTANOOGA THROUGH EFFECTIVE SOLUTIONS TO PUBLIC POLICY.
Describe the Organization's Program Activity:
THE FIRST SIX MONTHS OF 2022 WERE FULL OF ACTIVITIES:1 TWO WEEKLY NEWSLETTER WERE PUBLISHED AND DISTRIBUTED TO APPROXIMATELY 50,000 EMAILS. ONE, CIVILIS, DEALT WITH CURRENT EVENTS IN HAMILTON COUNTY. THE SECOND, BREATH OF VIRTUE, WAS A THOUGHT PIECE ESSAY ADDRESSING PRINCIPLES BEHIND CURRENT EVENTS.2 OUR PRIMARY FOCUS AT THE START OF THE YEAR WAS THE PRIMARY ELECTIONS IN MAY. ALL EFFORTS WERE EDUCATIONAL IN NATURE AND INCLUDED THE FIRST MAYORAL DEBATE IN FEBRUARY, NUMEROUS INTERVIEWS OF CANDIDATES FOR SCHOOL BOARD. THE DEBATE WAS BROADCAST LIVE, AND THE INTERVIEWS WERE ZOOM RECORDINGS AND DISTRIBUTED ON OUR SOCIAL MEDIA CHANNELS.3 FLIERS WERE DISTRIBUTED AT TWO SCHOOLS CONCERNING THEIR READING SCORES TO EDUCATE PARENTS.4 THE HAMILTON FLOURISHING WEBSITE WAS REDESIGNED.5 IN JUNE A NATIONWIDE SOLEMN ASSEMBLY PRAYER EVENT WAS PRODUCED AND BROADCAST ACROSS THE NATION TO MULTIPLE OUTLETS. THE FOCUS WAS THE RECENT DOBBS DECISION.6 A FUNDRAISER WAS PLANNED FOR SEPTEMBER WITH NUMEROUS CONTACT AND APPOINTMENTS MADE, BUT DUE TO FUNDING ISSUES, THE EVENT WAS CANCELLED.7 PROGRAMMING FUNCTIONS WERE PAUSED IN AUGUST OF 2022 DUE TO MARGINAL SUCCESS OF FUNDRAISING EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Daugherty President/ceo | OfficerTrustee | 23 | $91,000 |
Rick Jahn Board Treasurer | OfficerTrustee | 0.39 | $0 |
Sarah Daugherty Board Secretary | OfficerTrustee | 0.39 | $15,167 |
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 | $227,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,337 |
| Total Program Service Revenue | $1,300 |
| 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 | $228,637 |
| 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. | $106,167 |
| Compensation of current officers, directors, key employees. | $24,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,383 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,945 |
| Fees for services: Management | $470 |
| Fees for services: Legal | $386 |
| Fees for services: Accounting | $10,964 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,746 |
| Advertising and promotion | $11,065 |
| Office expenses | $6 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $931 |
| Travel | $2,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,521 |
| Insurance | $738 |
| All other expenses | $1,038 |
| Total functional expenses | $249,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,303 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16 |
| 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 | $948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,267 |
| Accounts payable and accrued expenses | $929 |
| 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 | $929 |
| Net assets without donor restrictions | $2,338 |
| 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 | $3,267 |