Assistance League of Nashville
Fiscal Year
Fiscal Year Start
06/01/2023
Fiscal Year End
05/31/2024
Projected Revenue
$155,072.00
Projected Expenses
$198,290.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Assistance League of Nashville IRS letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $163,920.00 | $165,128.00 | $113,210.00 |
| Total Expenses | $194,467.00 | $145,770.00 | $96,604.00 |
| Revenue Less Expenses | ($30,547.00) | $19,358.00 | $16,606.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $82,529.00 | $49,239.00 | $105,762.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $110,396.00 | $0.00 |
| Investment Income, Net of Losses | $17.00 | $18.00 | $1,810.00 |
| Membership Dues | $5,521.00 | $5,475.00 | $5,638.00 |
| Special Events | $75,853.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $181,004.00 | $124,624.00 | $82,525.00 |
| Administration Expense | $13,463.00 | $21,146.00 | $13,928.00 |
| Fundraising Expense | $0.00 | $0.00 | $151.00 |
| Total Revenue/Total Expenses | 84% | 113% | 117% |
| Program Expense/Total Expenses | 93% | 85% | 85% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $82,529.00 | Program Revenue $110,396.00 | Contributions, Gifts, and Grants $105,762.00 |
| Second Highest Funding Source & Dollar Amount | Fundraising Events $75,853.00 | Contributions, Gifts, Grants $49,239.00 | Membership Dues $5,638.00 |
| Third Highest Funding Source & Dollar Amount | Membership Dues $5,521.00 | Membership Dues $5,475.00 | Investment Income $1,810.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $290,782.00 | $324,487.00 | $303,022.00 |
| Current Assets | $275,711.00 | $303,851.00 | $302,974.00 |
| Long-Term Liabilities | $16,050.00 | $17,106.00 | $0.00 |
| Current Liabilities | $643.00 | $0.00 | $14,999.00 |
| Total Net Assets | $271,079.00 | $307,381.00 | $288,023.00 |
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
November
Permit Expiration Year
2027
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| We manage our expenses well and currently have an 88% return rate to the community. Our budgeted return rate is 86%. Due to our relatively small budget, Assistance League of Nashville has a financial review done annually, versus an audit. Reviews are not qualified or unqualified. |
Foundation Staff Comments
| Financials taken from the 990. Some corporate or foundation grants may be included in Individual Donations sum, as figures are not fully separated in 990EZ. Financials prepared by Carr, Riggs & Ingram, LLC. Comment provided by Hayley Sulfridge 11/20/23. |
