Tennessee Investor Fund
- Assets
- $484.5k
- Revenue
- $864.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- Data as of
- 12/2023
- EIN
- 85-1153988
Organization Overview
Tennessee Investor Fund is located in Nashville, TN. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Investor Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Tennessee Investor Fund generated $864.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $504.9k during the year ending 12/2023. While expenses have increased by 19.2% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE TENNESSEE INVESTOR FUND (TIF) IS A NON-PROFIT ADVOCACY ORGANIZATION DEDICATED TO SUPPORTING ORGANIZATIONS THAT CONDUCT RESEARCH, VOTER EDUCATION, ADVOCACY ON LEGISLATIVE AND ECONOMIC ISSUES, AND VOTER TURNOUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
"RESEARCH (50%). TIF WILL SUPPORT OTHER NONPROFIT ORGANIZATIONS THAT CONDUCT RESEARCH TO DETERMINE HOW GROUPS RESPOND TO CURRENT POLICY ISSUES AND GATHER VOTER DATA TO DETERMINE WHAT PUBLIC POLICY ISSUES THE PUBLIC IS INTERESTED IN AND WILL TAKE ACTION. EDUCATION AND TURNOUT (50%). TIF WILL SUPPORT OTHER NONPROFIT ORGANIZATIONS THAT EDUCATE THE PUBLIC ON NATIONAL AND STATE POLICY AND LEGISLATIVE ISSUES SUCH AS IMMIGRATION, HEALTH, AND ENVIRONMENTAL POLICIES. TIF ANTICIPATES THAT IT WILL SUPPORT ORGANIZATIONS IN CONDUCTING SUCH PUBLIC EDUCATION THROUGH MEDIA STATEMENTS, POLICY INFORMATION PROVIDED ON THEIR WEBSITES, POLICY STATEMENTS, AND PUBLIC AWARENESS CAMPAIGNS. "
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cavin Anderson Treasurer | Officer | 2 | $0 |
John Deane Board Chair/ | Officer | 2 | $0 |
Alfred Smith Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $639,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $864,761 |
| Total Program Service Revenue | $0 |
| 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 | $864,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $245,258 |
| 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. | $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 | $72,000 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $15,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $966 |
| All other expenses | $17,264 |
| Total functional expenses | $504,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,524 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $484,524 |
| 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 | $484,524 |
| 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 | $484,524 |
Grants Awarded
Over the last fiscal year, Tennessee Investor Fund has awarded $245,258 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION TN PURPOSE: CIVIC ENGAGEMENT | $75,000 |
FORWARD TN PURPOSE: CIVIC ENGAGEMENT | $45,000 |
MEMPHIS FOR ALL PURPOSE: CIVIC ENGAGEMENT | $40,086 |
THE EQUITY ALLIANCE PURPOSE: CIVIC ENGAGEMENT | $35,086 |
TIRRC VOTES PURPOSE: CIVIC ENGAGEMENT | $35,086 |
NASHVILLE JUSTICE LEAGUE PURPOSE: ELECTIONEERING | $15,000 |