Tennessee Nature Academy
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$2,655,545.00
Projected Expenses
$2,255,306.00
Organizational Budgets and Other Documents
| 2023-2024 Budget | 2024 |
| 2022-2023 Budget | 2023 |
IRS Letter of Exemption
| IRS Letter | 2021 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $625,276.00 | $321,892.00 | $0.00 |
| Total Expenses | $491,867.00 | $357,990.00 | $0.00 |
| Revenue Less Expenses | $133,409.00 | ($36,098.00) | ($-0.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $38,100.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $395,176.00 | $321,892.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $177,000.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $15,000.00 | $0.00 | $0.00 |
| 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 | $364,310.00 | $305,749.00 | $0.00 |
| Administration Expense | $104,905.00 | $24,557.00 | $0.00 |
| Fundraising Expense | $22,652.00 | $27,684.00 | $0.00 |
| Total Revenue/Total Expenses | 127% | 90% | |
| Program Expense/Total Expenses | 74% | 85% | |
| Fundraising Expense/Contributed Revenue | 5% | 8% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | State Government Grants $395,176.00 | State Government Grants $321,892.00 | $0.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $177,000.00 | $0.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | Foundations and Corporations $38,100.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $256,757.00 | $24,606.00 | $0.00 |
| Current Assets | $26,934.00 | $17,648.00 | $0.00 |
| Long-Term Liabilities | $109,000.00 | $41,097.00 | $0.00 |
| Current Liabilities | $50,446.00 | $19,607.00 | $0.00 |
| Total Net Assets | $97,311.00 | $-36,098.00 | $0.00 |
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
| 2022-2023 990 | 2023 |
| 2021-2022 Form 990 | 2022 |
| 2021 Partial Yr 990 | 2021 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial details compiled from Form 990. In some years, schedule B removed to protect donor privacy. Form 990 completed by Carrell and Co CPAs. Comments provided by Nicole Rose 02/26/2024. |
