Nashville Area Association for the Education of Young Children / NAAEYC
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$30,025.00
Projected Expenses
$28,553.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| nashville area association for the education of young children irs ltr/naaeyc |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $21,068.00 | $27,270.00 | $23,905.00 |
| Total Expenses | $23,201.00 | $25,290.00 | $20,110.00 |
| Revenue Less Expenses | ($2,133.00) | $1,980.00 | $3,795.00 |
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 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $390.00 | $611.00 | $777.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $3,780.00 | $7,420.00 | $4,412.00 |
| Investment Income, Net of Losses | $8.00 | $7.00 | $12.00 |
| Membership Dues | $16,890.00 | $19,232.00 | $18,704.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $3,792.00 | $7,345.00 | $1,258.00 |
| Administration Expense | $19,409.00 | $17,945.00 | $18,852.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 91% | 108% | 119% |
| Program Expense/Total Expenses | 16% | 29% | 6% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Membership Dues $16,890.00 | Membership Dues $19,232.00 | Membership Dues $18,704.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $3,780.00 | Program Revenue $7,420.00 | Program Revenue $4,412.00 |
| Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $390.00 | Contributions, Gifts, and Grants $611.00 | Contributions, Gifts and Grants $777.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $82,548.00 | $84,333.00 | $82,095.00 |
| Current Assets | $82,548.00 | $84,333.00 | $82,095.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $715.00 | $367.00 | $109.00 |
| Total Net Assets | $82,548.00 | $83,966.00 | $81,986.00 |
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
CEO/Executive Director/Board Comments
| In 2017 our national office restructured the entire organization across the country. The number of state or local affiliates reduced from 200+ to 50. We are proud that our affiliate is the only recognized affiliate in Tennessee at this time. Initially we saw a drop in membership due to member confusion, but NAAEYC worked hard to increase member awareness, and through a membership drive initiative, doubled it membership in less than a year. Our goal is to increase services and benefits for our members and to encourage early educators and administrators to become part of this highly recognized professional organization. NAAEYC created a tiered sponsorship program and have had five significant organizations join and provide support. We continue to work hard seeking partnerships with other organizations who are proud to sponsor high quality learning environments for young children in Tennessee. Our April conference was financially successful due to a generous grant that covered most of our expenses. Without the support of community organizations NAAEYC would be struggling to provide high quality services to our members in the early childhood community. Being the only NAEYC affiliate in Tennessee means we have the potential to grow into a state affiliation, able to serve members across Tennessee and not just middle TN. The future is bright for growth as we strive to increase member benefits and services. Our membership has grown from 450 to 1450 in the past two years! |
Foundation Staff Comments
| Financials taken from the 990EZ. Financial documents completed by Jim R Durham, CPA, PLLC. Comment provided by Hayley Sulfridge 6/30/23. |
