Mental Health Association of Middle Tennessee
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$2,318,066.00
Projected Expenses
$2,393,501.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| mental health association of middle tennessee irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $2,506,326.00 | $1,856,415.00 | $1,646,258.00 |
| Total Expenses | $2,085,541.00 | $2,000,544.00 | $1,569,999.00 |
| Revenue Less Expenses | $420,785.00 | ($144,129.00) | $76,259.00 |
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 | $2,012,368.00 | $1,371,206.00 | $919,048.00 |
| Contributions, Gifts, and Grants | $394,842.00 | $378,848.00 | $646,353.00 |
| Indirect Public Support | $12,000.00 | $0.00 | $0.00 |
| Earned Revenue | $19,797.00 | $15,740.00 | $7,167.00 |
| Investment Income, Net of Losses | $58,636.00 | $61,323.00 | $11,704.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $-1,709.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $6,306.00 | $0.00 | $58,986.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,714,756.00 | $1,634,514.00 | $1,163,098.00 |
| Administration Expense | $295,727.00 | $268,446.00 | $257,236.00 |
| Fundraising Expense | $75,058.00 | $97,584.00 | $149,665.00 |
| Total Revenue/Total Expenses | 120% | 93% | 105% |
| Program Expense/Total Expenses | 82% | 82% | 74% |
| Fundraising Expense/Contributed Revenue | 4% | 5% | 10% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $2,012,368.00 | Government Grants $1,371,206.00 | Government Grants $919,048.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $394,842.00 | Contributions, Gifts, and Grants $378,848.00 | Contributions, Gifts, and Grants $646,353.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $58,636.00 | Investment Income $61,323.00 | Investment Income $11,704.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,081,278.00 | $3,395,345.00 | $3,679,634.00 |
| Current Assets | $1,339,944.00 | $947,055.00 | $1,088,737.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $235,341.00 | $80,244.00 | $47,221.00 |
| Total Net Assets | $3,845,937.00 | $3,315,101.00 | $3,632,413.00 |
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
Foundation Staff Comments
| Financial figures taken from the 990 and audit. Foundation and corporate grants may be included in Contributions, Gifts, and Grants total as these amounts are not separated in Form 990. Financial documents prepared by Puryear & Noonan, CPAS. Comments provided by Hayley Sulfridge 6/11/24. |
