Nashville Children's Alliance Inc.
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$1,290,421.00
Projected Expenses
$1,274,095.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| nashville children's alliance, inc. irs ltr. |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $1,332,909.00 | $1,067,392.00 | $860,925.00 |
| Total Expenses | $1,030,604.00 | $808,169.00 | $900,651.00 |
| Revenue Less Expenses | $302,305.00 | $259,223.00 | ($39,726.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $92,960.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $435,914.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $664,388.00 | $426,799.00 | $0.00 |
| Contributions, Gifts, and Grants | $561,180.00 | $477,921.00 | $310,972.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $2,591.00 | $102.00 | $55.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $104,750.00 | $40,000.00 | $21,024.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $122,570.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $752,458.00 | $557,512.00 | $671,522.00 |
| Administration Expense | $173,533.00 | $168,363.00 | $181,631.00 |
| Fundraising Expense | $104,613.00 | $82,294.00 | $47,498.00 |
| Total Revenue/Total Expenses | 129% | 132% | 96% |
| Program Expense/Total Expenses | 73% | 69% | 75% |
| Fundraising Expense/Contributed Revenue | 10% | 10% | 5% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $664,388.00 | Contributions, Gifts, Grants $477,921.00 | State Government Grants $435,914.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $561,180.00 | Government Grants $426,799.00 | Contributions, Gifts, and Grants $310,972.00 |
| Third Highest Funding Source & Dollar Amount | Fundraising Events $104,750.00 | Other Revenue $122,570.00 | Foundations and Corporations $92,960.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $821,600.00 | $556,574.00 | $427,992.00 |
| Current Assets | $793,013.00 | $545,521.00 | $394,382.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $122,570.00 |
| Current Liabilities | $79,662.00 | $116,941.00 | $125,012.00 |
| Total Net Assets | $741,938.00 | $439,633.00 | $180,410.00 |
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
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| The NCA Board of Directors and staff are focused on meeting and exceeding the annual revenue budget. It is of utmost importance to the Board of Directors and staff to continue offering needed services to children and families and not reducing the availability of services. As a result, the Board Finance Committee is fully engaged and works as a partner committee with the Development Committee of the board and staff. Board committees meet regularly and financial health is constantly monitored by board and staff. Securing and maintaining diverse funding sources is a priority for the sustainability of the services offered to children and families. NCA board and staff began a Major Donor Program during 2015-16 and will continue to make a concerted effort to continue to grow the revenue stream. the revenue stream. While government funding is much appreciated and vitally important to the agency, it is imperative for the agency to have healthy funding streams from the community. Great care is being taken to manage the financial affairs of the NCA to ensure long lasting financial stability. Children in crisis depend on NCA's services, which are offered at no cost to our clients. |
Foundation Staff Comments
| Financial Figures taken from 990. Financials prepared by Edmondson, Betzler & Dame, PLLC. Comments provided by Nicole Rose 03/20/2024. |
