Tennessee College Access and Success Network
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$850,592.00
Projected Expenses
$1,027,513.00
Organizational Budgets and Other Documents
| Consolidated Budget 2023-2024 | 2024 |
| Consolidated Budget 2022-2023 | 2023 |
| TCASN Operating Budget FY 2022 | 2022 |
| TCASN Budget | 2019 |
| TCASN Budget | 2017 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $665,032.00 | $1,569,959.00 | $301,708.00 |
| Total Expenses | $934,520.00 | $725,934.00 | $340,949.00 |
| Revenue Less Expenses | ($269,488.00) | $844,025.00 | ($39,241.00) |
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 | $135,717.00 | $101,578.00 |
| Contributions, Gifts, and Grants | $665,032.00 | $1,434,242.00 | $200,130.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| 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 | $597,926.00 | $512,261.00 | $216,270.00 |
| Administration Expense | $188,221.00 | $161,354.00 | $112,740.00 |
| Fundraising Expense | $148,373.00 | $52,319.00 | $11,939.00 |
| Total Revenue/Total Expenses | 71% | 216% | 88% |
| Program Expense/Total Expenses | 64% | 71% | 63% |
| Fundraising Expense/Contributed Revenue | 16% | 7% | 4% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $665,032.00 | Contributions, Gifts, and Grants $1,434,242.00 | Contributions, Gifts, and Grants $200,130.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Government Grants $135,717.00 | Government Grants $101,578.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $716,196.00 | $969,671.00 | $98,795.00 |
| Current Assets | $625,066.00 | $967,641.00 | $98,795.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $36,895.00 | $20,882.00 | $60,546.00 |
| Total Net Assets | $679,301.00 | $948,789.00 | $38,249.00 |
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
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| TCASN 990 2022-2023 | 2023 |
| TCASN 990 2021-2022 | 2022 |
| TCASN 990 | 2021 |
| TCASN 990 2019-2020 | 2020 |
| TCASN 2018-2019 | 2019 |
| TCASN 2017-2018 | 2018 |
| TCASN 2016-2017 990 | 2017 |
| TCASN 2015-2016 990 | 2016 |
| TCASN 2014-2015 990 | 2015 |
| TCASN 2013-2014 990 | 2014 |
| TCASN 2012-2013 990 | 2013 |
Audit Documents
| TCASN Audit Financials | 2023 |
| TCASN Audit | 2022 |
| TCASN 2018-2019 Audit | 2019 |
| TCASN 2017-2018 Audit | 2018 |
| TCASN 2016-2017 Audit | 2017 |
| TCASN 2015-2016 Audit | 2016 |
| TCASN 2014-2015 Audit | 2015 |
| TCASN 2013-2014 Audit | 2014 |
| TCASN 2012-2013 Audit | 2013 |
Foundation Staff Comments
| Financial figures taken from Form 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 was prepared by Blankenship CPA Group. Comments provided by Nicole Rose 07/02/2024. |
