Tennessee Charitable Care Network
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$4,184,650.00
Projected Expenses
$4,077,931.00
Organizational Budgets and Other Documents
| TCCN 2023 Budget | 2023 |
| TCCN 2022 Budget | 2022 |
| TCCN 2021 Budget | 2021 |
| TCCN 2020 Budget | 2020 |
| TCCN 2019 Budget | 2019 |
| TCCN 2018 Budget | 2018 |
| TCCN 2017 Budget | 2017 |
| TCCN 2016 Budget | 2016 |
| TCCN 2015 Budget | 2015 |
IRS Letter of Exemption
| Tennessee Charitable Care Network IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $2,149,630.00 | $591,556.00 | $181,562.00 |
| Total Expenses | $2,062,154.00 | $535,841.00 | $200,528.00 |
| Revenue Less Expenses | $87,476.00 | $55,715.00 | ($18,966.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $10,000.00 | $0.00 | $0.00 |
| Government - Federal | $2,007,449.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $544,022.00 | $0.00 |
| Contributions, Gifts, and Grants | $-6,972.00 | $27,307.00 | $141,730.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $85,738.00 | $0.00 | $22,978.00 |
| Investment Income, Net of Losses | $23.00 | $27.00 | $104.00 |
| Membership Dues | $24,750.00 | $20,200.00 | $16,750.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $1,995,754.00 | $508,240.00 | $150,635.00 |
| Administration Expense | $38,081.00 | $14,991.00 | $49,893.00 |
| Fundraising Expense | $28,319.00 | $12,610.00 | $0.00 |
| Total Revenue/Total Expenses | 104% | 110% | 91% |
| Program Expense/Total Expenses | 97% | 95% | 75% |
| Fundraising Expense/Contributed Revenue | 1% | 2% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Federal Government Grants $2,007,449.00 | Government Grants $544,022.00 | Contributions, Gifts, and Grants $141,730.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $85,738.00 | Contributions, Gifts, and Grants $27,307.00 | Program Revenue $22,978.00 |
| Third Highest Funding Source & Dollar Amount | Membership Dues $24,750.00 | Membership Dues $20,200.00 | Membership Dues $16,750.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $716,626.00 | $295,029.00 | $115,464.00 |
| Current Assets | $716,626.00 | $293,737.00 | $115,464.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $13,020.00 |
| Current Liabilities | $465,737.00 | $136,870.00 | $0.00 |
| Total Net Assets | $250,889.00 | $158,159.00 | $102,444.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| TCCN 990 | 2022 |
| 2021 TCCN | 2021 |
| TCCN 990EZ Year End 2020 | 2020 |
| TCCN 990EZ Year End 2019 | 2019 |
| TCCN 990 Year End 2018 | 2018 |
| TCCN 990 Year End 2017 | 2017 |
| TCCN 990 Year End 2016 | 2016 |
| TCCN 990 Year End 2015 | 2015 |
| TCCN 990 Year End 2014 | 2014 |
Audit Documents
| TCCN Audit | 2022 |
| TCCN 2021 Audited Financials | 2021 |
| 2020 Financial Statements | 2020 |
| 2018 Year End Statement | 2018 |
| 2017 Year End Statement | 2017 |
| 2016 Year End Statement | 2016 |
| 2015 Income Statement | 2015 |
| 2014 Year End Statement | 2014 |
CEO/Executive Director/Board Comments
| TCCN's financial position has grown stronger over the past 18 months. That said, TCCN is exploring ways to diversify its funding streams to remain financially viable for the long-term. |
Foundation Staff Comments
| Financial figures taken from Form 990-EZ. Any foundation, corporate, or government grants are included in Individual Contributions sum, as these amounts are not separated in the 990EZ. Form 990 was prepared by Johnson, Hickey & Murchison, PC. Comments provided by Hayley Sulfridge 8/21/23. |
