Persist Nashville Inc
- Assets
- $378.2k
- Revenue
- $722.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 84-2348884
Organization Overview
Persist Nashville Inc is located in Nashville, TN. The organization was established in 2019. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Persist Nashville 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 12/2021, Persist Nashville Inc generated $722.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $570.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE COLLEGE GRADUATION RATES OF NASHVILLE, TN STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE COACHED MORE THAN 1762 NASHVILLE GRADUATES FROM 27 DIFFERENT HIGH SCHOOLS ATTENDING OVER 80 DIFFERENT COLLEGES AND UNIVERSITIES. PERSIST NASHVILLE STUDENTS ENROLLED IN COLLEGE AT A RATE 34% HIGHER THAN THEIR METRO NASHVILLE PUBLIC SCHOOLS (MNPS) PEERS AND PERSISTED AT RATES MORE THAN 10% HIGHER.
WE DEVELOPED 18 DIFFERENT STUDENTS TO BE COMMUNITY BUILDERS ON THEIR CAMPUS. THESE STUDENTS HOSTED EVENTS THAT BROUGHT TOGETHER MORE THAN 300 STUDENTS OVER THE COURSE OF 2021. WE PARTNERED WITH MNPS, HIGH SCHOOL COUNSELORS, AND MULTIPLE COMMUNITY PARTNERS TO LEAD A FAFSA DRIVE FOR THE DISTRICT THAT INCREASED MNPS FAFSA APPLICATIONS BY OVER 30% IN JUST OVER A MONTH.
WE DISTRIBUTED OVER $21,000 IN MORE THAN 100 MICRO GRANTS TO STUDENTS TO HELP THEM GET THE MATERIALS AND FUNDS NEEDED TO PERSIST IN COLLEGE. WE HAD MORE THAN 100 STUDENTS ATTEND CAREER RELATED EVENTS MEETING WITH OVER 53 BUSINESS VOLUNTEERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefan Hubbard Treasurer | OfficerTrustee | 0 | $0 |
Jennifer Hill Secretary | OfficerTrustee | 0 | $0 |
Prentice Ashford Chairman | OfficerTrustee | 0 | $0 |
Scott Campbell Executive Dir. | Officer | 0 | $0 |
Lynise Harris Director | Trustee | 0 | $0 |
Ryan Flury Director | Trustee | 0 | $0 |
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 | $667,054 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $667,054 |
| Total Program Service Revenue | $55,788 |
| Investment income | $96 |
| 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 | $722,938 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,095 |
| 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 | $357,089 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,000 |
| Payroll taxes | $35,889 |
| Fees for services: Management | $37,726 |
| Fees for services: Legal | $1,257 |
| Fees for services: Accounting | $1,664 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,749 |
| Office expenses | $9,999 |
| Information technology | $30,243 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,614 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,149 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,873 |
| All other expenses | $425 |
| Total functional expenses | $570,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,746 |
| Savings and temporary cash investments | $189,771 |
| Pledges and grants receivable | $22,680 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $378,197 |
| Accounts payable and accrued expenses | $1,761 |
| 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 | $1,761 |
| Net assets without donor restrictions | $376,436 |
| 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 | $378,197 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Persist Nashville Inc has recieved totaling $405,600.
| Awarding Organization | Amount |
|---|---|
City Fund Beaverton, OR PURPOSE: OPERATING SUPPORT | $250,000 |
Tennessee State Collaborative On Reforming Education Nashville, TN PURPOSE: AWARD | $100,000 |
Dan And Margaret Maddox Charitable Fund Nashville, TN PURPOSE: TO SUPPORT METRO NASHVILLE PUBLIC SCHOOLS PERSISTENCE COACHING | $25,000 |
Campaign For Great Public Schools Beaverton, OR PURPOSE: OPERATING SUPPORT | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National College Advising Corps Inc Chapel Hill, NC | $20,327,206 | $21,685,877 |
Tennessee State Collaborative On Reforming Education Nashville, TN | $23,375,202 | $18,088,323 |
Ulh Inc Louisville, KY | $43,242,391 | $8,714,119 |
Cameron Foundation Petersburg, VA | $170,387,931 | $14,350,568 |
Green River Regional Education Cooperative Inc Bowling Green, KY | $8,161,400 | $7,463,495 |
Youth Educational Services Inc Tucker, GA | $1,618,316 | $5,042,597 |
Meridian Education Resource Group Inc Atlanta, GA | $7,961,644 | $4,980,107 |
Citizenship Trust Montevallo, AL | $35,015,657 | $4,574,075 |
Virginia Tech Services Inc Blacksburg, VA | $8,676,644 | $3,908,616 |
Student U Durham, NC | $9,122,297 | $4,911,286 |
Technology Student Association Reston, VA | $4,030,587 | $3,611,530 |
Petersburg Library Foundation Inc Petersburg, VA | $154,347 | $1,622,780 |