Tennessee Charitable Care Network
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$5,087,732.49
Projected Expenses
$4,631,648.56
Organizational Budgets and Other Documents
| TCCN 2024 Budget | 2024 |
| TCCN 2023 Budget | 2023 |
| TCCN 2022 Budget | 2022 |
| TCCN 2021 Budget | 2021 |
| TCCN 2020 Budget | 2020 |
| TCCN 2019 Budget | 2019 |
| TCCN 2018 Budget | 2018 |
| TCCN 2017 Budget | 2017 |
| TCCN 2016 Budget | 2016 |
| TCCN 2015 Budget | 2015 |
IRS Letter of Exemption
| Tennessee Charitable Care Network IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $5,852,849.00 | $2,149,630.00 | $591,556.00 |
| Total Expenses | $5,182,125.00 | $2,062,154.00 | $535,841.00 |
| Revenue Less Expenses | $670,724.00 | $87,476.00 | $55,715.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $10,000.00 | $0.00 |
| Government - Federal | $0.00 | $2,007,449.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $5,607,653.00 | $0.00 | $544,022.00 |
| Contributions, Gifts, and Grants | $142,799.00 | $-6,972.00 | $27,307.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $80,858.00 | $85,738.00 | $0.00 |
| Investment Income, Net of Losses | $190.00 | $23.00 | $27.00 |
| Membership Dues | $21,349.00 | $24,750.00 | $20,200.00 |
| 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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $5,080,688.00 | $1,995,754.00 | $508,240.00 |
| Administration Expense | $63,510.00 | $38,081.00 | $14,991.00 |
| Fundraising Expense | $37,927.00 | $28,319.00 | $12,610.00 |
| Total Revenue/Total Expenses | 113% | 104% | 110% |
| Program Expense/Total Expenses | 98% | 97% | 95% |
| Fundraising Expense/Contributed Revenue | 1% | 1% | 2% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $5,607,653.00 | Federal Government Grants $2,007,449.00 | Government Grants $544,022.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $142,799.00 | Program Revenue $85,738.00 | Contributions, Gifts, and Grants $27,307.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $80,858.00 | Membership Dues $24,750.00 | Membership Dues $20,200.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,360,031.00 | $716,626.00 | $295,029.00 |
| Current Assets | $1,360,031.00 | $716,626.00 | $293,737.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $438,418.00 | $465,737.00 | $136,870.00 |
| Total Net Assets | $921,613.00 | $250,889.00 | $158,159.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Form 990s
| TCNN 2023 Form 990 | 2023 |
| TCCN 2023 990 | 2023 |
| TCCN 990 | 2022 |
| 2021 TCCN | 2021 |
| TCCN 990EZ Year End 2020 | 2020 |
| TCCN 990EZ Year End 2019 | 2019 |
| TCCN 990 Year End 2018 | 2018 |
| TCCN 990 Year End 2017 | 2017 |
| TCCN 990 Year End 2016 | 2016 |
| TCCN 990 Year End 2015 | 2015 |
| TCCN 990 Year End 2014 | 2014 |
Audit Documents
| TCCN 2023 Audit | 2023 |
| TCCN Audit | 2022 |
| TCCN 2021 Audited Financials | 2021 |
| 2020 Financial Statements | 2020 |
| 2018 Year End Statement | 2018 |
| 2017 Year End Statement | 2017 |
| 2016 Year End Statement | 2016 |
| 2015 Income Statement | 2015 |
| 2014 Year End Statement | 2014 |
CEO/Executive Director/Board Comments
| TCCN's financial position has grown stronger over the past 18 months. That said, TCCN is exploring ways to diversify its funding streams to remain financially viable for the long-term. |
Foundation Staff Comments
| Financial figures taken from Form 990. Any foundation or corporate grants included in Contributions, Gifts, and Grants sum, as these amounts are not separated in the 990EZ. Form 990 was prepared by Johnson, Hickey & Murchison, PC. Comments provided by Nicole Rose 10/15/2024. |
