The Amyotrophic Lateral Sclerosis Association - Tennessee Chapter
Fiscal Year
Fiscal Year Start
02/01/2024
Fiscal Year End
01/31/2025
Projected Revenue
$628,000.00
Projected Expenses
$1,253,734.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| ALS Association IRS Letter of Determination | 2021 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $51,061,410.00 | $1,160,015.00 | |
| Total Expenses | $84,037,551.00 | $1,079,486.00 | |
| Revenue Less Expenses | ($-0.00) | ($32,976,141.00) | $80,529.00 |
Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $56,149,116.00 | $362,422.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $0.00 | |
| Investment Income, Net of Losses | $-5,207,488.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $489,362.00 | |
| Revenue In-Kind | $0.00 | $30,212.00 | |
| Other | $119,782.00 | $278,019.00 |
Expense Allocation
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $53,151,646.00 | $893,148.00 | |
| Administration Expense | $8,826,299.00 | $65,427.00 | |
| Fundraising Expense | $22,059,606.00 | $112,264.00 | |
| Total Revenue/Total Expenses | 61% | 108% | |
| Program Expense/Total Expenses | 63% | 83% | |
| Fundraising Expense/Contributed Revenue | 26% | 10% |
Top Funding Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $56,149,116.00 | Fundraising Events $489,362.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Other Revenue $119,782.00 | Contributions, Gifts, and Grants $362,422.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Other Revenue $278,019.00 |
Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $98,343,083.00 | $1,027,246.00 | |
| Current Assets | $93,813,805.00 | $694,280.00 | |
| Long-Term Liabilities | $7,253,250.00 | $0.00 | |
| Current Liabilities | $0.00 | $6,506.00 | |
| Total Net Assets | $91,089,833.00 | $1,020,740.00 |
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
July
Permit Expiration Year
2024
Form 990s
Audit Documents
Foundation Staff Comments
| 2021-2022 financial details are compiled from Financial Audit specific to the Tennessee chapter. As of 2021, this organization is operating under the group exemption of EIN 13-3271855, based in Arlington, Virginia. They previously were operating under 94-3124723 which was a Tennessee chapter based in Nashville. Prior to 2021, all financial documents will be under historic EIN data. Financials completed by CliftonLarsonAllen, LLP. Comment provided by Hayley Sulfridge 1/30/24. |
