A Step Ahead Foundation of Middle Tennessee Inc.
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615-671-7837
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P.O. Box 159002
Nashville, TN 37215
Organization Details

Fiscal Year

Fiscal Year Start

01/01/2024

Fiscal Year End

12/31/2024

Projected Revenue

$1,308,000.00

Projected Expenses

$1,304,300.00

Organizational Budgets and Other Documents

2024 Budget 2024
2023 Budget 2023
2022 Budget 2022
2021 Budget 2021
2020 Budget 2020
2019 Budget 2019

IRS Letter of Exemption

A Step Ahead Foundation IRS Letter

Detailed Financials

Revenue and Expenses
Fiscal Year202320222021
Total Revenue $1,221,268.00$1,146,062.00$645,760.00
Total Expenses $1,034,004.00$1,035,440.00$469,689.00
Revenue Less Expenses $187,264.00$110,622.00$176,071.00

Revenue Sources
Fiscal Year202320222021
Foundation and Corporation Contributions $0.00$0.00$15,000.00
Government - Federal $0.00$0.00$0.00
Government - State $0.00$0.00$380,220.00
Government - Local $0.00$0.00$0.00
Government - Unspecified $796,655.00$934,521.00$98,350.00
Contributions, Gifts, and Grants $219,840.00$167,633.00$151,868.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $0.00$0.00$0.00
Investment Income, Net of Losses $8,912.00$1,884.00$322.00
Membership Dues $0.00$0.00$0.00
Special Events $35,358.00$40,974.00$0.00
Revenue In-Kind $158,640.00$1,050.00$0.00
Other $2,313.00$0.00$0.00

Expense Allocation
Fiscal Year202320222021
Program Expense $869,604.00$891,590.00$387,765.00
Administration Expense $113,868.00$91,967.00$51,065.00
Fundraising Expense $50,532.00$51,883.00$30,859.00
Total Revenue/Total Expenses 118%111%137%
Program Expense/Total Expenses 84%86%83%
Fundraising Expense/Contributed Revenue 5%5%7%

Top Funding Sources
Fiscal Year202320222021
Top Funding Source & Dollar Amount Government Grants
$796,655.00
Government Grants
$934,521.00
State Government Grants
$380,220.00
Second Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants
$219,840.00
Contributions, Gifts, and Grants
$167,633.00
Contributions, Gifts, and Grants
$151,868.00
Third Highest Funding Source & Dollar Amount Noncash Contributions
$158,640.00
Fundraising Events
$40,974.00
Government Grants
$98,350.00

Assets and Liabilities
Fiscal Year202320222021
Total Assets $734,867.00$501,313.00$15,755.00
Current Assets $520,188.00$496,261.00$387,995.00
Long-Term Liabilities $0.00$0.00$0.00
Current Liabilities $60,684.00$15,903.00$15,755.00
Total Net Assets $674,183.00$485,410.00$374,788.00

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?

Yes

Solicitation Permit Info

State Charitable Solicitations Permit

Yes

Permit Expiration Month

June

Permit Expiration Year

2025

Solicitations Permit

Charitable Solicitations

Form 990s

990 2023
990 2022
990 2021
990 2020
990 2019
990 2018
990 2017
990 2016
990 2015

Audit Documents

A Step Ahead Single Audit 2023
A Step Ahead Single Audit 2022

Foundation Staff Comments


Financial figures taken from Form 990. Form 990 was prepared by Blankenship CPA Group, PLLC. Comment provided by Hayley Sulfridge 6/14/24.