Jewish Federation of Nashville and Middle Tennessee
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$4,033,567.00
Projected Expenses
$4,033,567.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| jewish federation of nashville and middle tennessee irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $7,964,720.00 | $1,751,221.00 | $9,745,428.00 |
| Total Expenses | $7,707,266.00 | $4,441,468.00 | $4,954,934.00 |
| Revenue Less Expenses | $257,454.00 | ($2,690,247.00) | $4,790,494.00 |
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 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $2,233,810.00 | $3,152,142.00 | $2,398,220.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $260,816.00 | $176,942.00 | $142,343.00 |
| Investment Income, Net of Losses | $3,333,044.00 | $-2,257,461.00 | $6,769,347.00 |
| 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 | $196,316.00 | $679,598.00 | $435,518.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $5,852,299.00 | $3,417,285.00 | $3,959,076.00 |
| Administration Expense | $1,141,904.00 | $586,413.00 | $565,000.00 |
| Fundraising Expense | $713,063.00 | $437,770.00 | $430,858.00 |
| Total Revenue/Total Expenses | 103% | 39% | 197% |
| Program Expense/Total Expenses | 76% | 77% | 80% |
| Fundraising Expense/Contributed Revenue | 9% | 10% | 9% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Investment Income $3,333,044.00 | Contributions, Gifts, and Grants $3,152,142.00 | Investment Income $6,769,347.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,233,810.00 | Other Revenue $679,598.00 | Contributions, Gifts, and Grants $2,398,220.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $260,816.00 | Program Revenue $176,942.00 | Other Revenue $435,518.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $42,888,894.00 | $40,918,621.00 | $41,624,552.00 |
| Current Assets | $1,334,192.00 | $730,541.00 | $851,742.00 |
| Long-Term Liabilities | $11,557,470.00 | $9,392,396.00 | $7,380,629.00 |
| Current Liabilities | $0.00 | $452,255.00 | $479,706.00 |
| Total Net Assets | $31,331,424.00 | $31,073,970.00 | $33,764,217.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$35,000,000.00
What is the spending policy for your endowment?
Percentage
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
2023
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financials figures taken from audit. Financial documents prepared by Cherry Bekaert LLP. Comments provided by Hayley Sulfridge 11/11/24. |
