Ladies of Charity of Nashville
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$301,500.00
Projected Expenses
$300,700.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| IRS letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $374,331.00 | $287,207.00 | $254,225.00 |
| Total Expenses | $338,747.00 | $210,156.00 | $249,274.00 |
| Revenue Less Expenses | $35,584.00 | $77,051.00 | $4,951.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $2,000.00 | $0.00 |
| Contributions, Gifts, and Grants | $134,591.00 | $182,413.00 | $188,312.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $3,433.00 | $295.00 | $1,126.00 |
| Membership Dues | $10,675.00 | $10,293.00 | $9,845.00 |
| Special Events | $222,983.00 | $91,958.00 | $54,568.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $2,649.00 | $248.00 | $374.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $272,063.00 | $151,914.00 | $199,991.00 |
| Administration Expense | $27,356.00 | $26,200.00 | $25,736.00 |
| Fundraising Expense | $39,328.00 | $32,042.00 | $23,547.00 |
| Total Revenue/Total Expenses | 111% | 137% | 102% |
| Program Expense/Total Expenses | 80% | 72% | 80% |
| Fundraising Expense/Contributed Revenue | 12% | 15% | 9% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Fundraising Events $222,983.00 | Contributions, Gifts, Grants $182,413.00 | Contributions, Gifts and Grants $188,312.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $134,591.00 | Fundraising Events $91,958.00 | Fundraising Events $54,568.00 |
| Third Highest Funding Source & Dollar Amount | Membership Dues $10,675.00 | Membership Dues $10,293.00 | Membership Dues $9,845.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $692,188.00 | $658,083.00 | $574,245.00 |
| Current Assets | $547,256.00 | $501,530.00 | $403,405.00 |
| Long-Term Liabilities | $2,480.00 | $0.00 | $0.00 |
| Current Liabilities | $3,874.00 | $7,833.00 | $1,039.00 |
| Total Net Assets | $685,834.00 | $650,250.00 | $573,206.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
Audit Documents
Foundation Staff Comments
| Financials taken from the 990. Financial documents completed by HA Beasley and Company, PLLC. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 11/21/23. |
