Nashville Diaper Connection
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,253,041.00
Projected Expenses
$1,143,334.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Nashville Diaper Connection IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,127,415.00 | $714,574.00 | $862,178.00 |
| Total Expenses | $902,535.00 | $758,062.00 | $657,860.00 |
| Revenue Less Expenses | $224,880.00 | ($43,488.00) | $204,318.00 |
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 | $534,637.00 | $0.00 | $8,962.00 |
| Contributions, Gifts, and Grants | $480,517.00 | $433,709.00 | $573,266.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $174,146.00 | $93,085.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $-4,408.00 | $0.00 | $0.00 |
| Revenue In-Kind | $116,669.00 | $106,719.00 | $186,865.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $838,624.00 | $666,152.00 | $601,431.00 |
| Administration Expense | $38,937.00 | $60,868.00 | $28,119.00 |
| Fundraising Expense | $24,974.00 | $31,042.00 | $28,310.00 |
| Total Revenue/Total Expenses | 125% | 94% | 131% |
| Program Expense/Total Expenses | 93% | 88% | 91% |
| Fundraising Expense/Contributed Revenue | 3% | 4% | 4% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $534,637.00 | Contributions, Gifts, and Grants $433,709.00 | Contributions, Gifts, and Grants $573,266.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $480,517.00 | Program Revenue $174,146.00 | Noncash Contributions $186,865.00 |
| Third Highest Funding Source & Dollar Amount | Noncash Contributions $116,669.00 | Noncash Contributions $106,719.00 | Program Revenue $93,085.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $901,089.00 | $391,622.00 | $316,326.00 |
| Current Assets | $541,798.00 | $355,442.00 | $298,403.00 |
| Long-Term Liabilities | $18,729.00 | $26,585.00 | $0.00 |
| Current Liabilities | $384,638.00 | $92,199.00 | $0.00 |
| Total Net Assets | $497,722.00 | $272,838.00 | $316,326.00 |
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
Solicitations Permit
Form 990s
Audit Documents
| Financial Statements for the Year Ended December 31, 2022 | 2022 |
| Financial Statements for the Year Ended December 31, 2021 | 2021 |
| Financial Statements for the Year Ended December 31, 2020 | 2020 |
CEO/Executive Director/Board Comments
| Nashville Diaper Connection expanded its warehouse and office space in December 2021 to support current and anticipated diaper distribution volume. This resulted in a material increase in our occupancy and operating expenses budgeted for during 2022. |
Foundation Staff Comments
| Financial figures taken from the Form 990. Foundation and Corporation support may be included in Contribution, Gifts, and Grants sum, as these are not separated in Form 990. Form 990 was prepared by Blankenship CPA Group, PLLC. Comments provided by Hayley Sulfridge 9/29/23. |
