Native American Indian Association of Tennessee
Fiscal Year
Fiscal Year Start
09/30/2023
Fiscal Year End
08/31/2024
Projected Revenue
$420,000.00
Projected Expenses
$420,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| native american indian association of middle tennessee irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $831,129.00 | $391,538.00 | |
| Total Expenses | $371,990.00 | $319,201.00 | |
| Revenue Less Expenses | ($-0.00) | $459,139.00 | $72,337.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $78,681.00 | $0.00 | |
| Government - Federal | $251,368.00 | $0.00 | |
| Government - State | $17,500.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $325,918.00 | |
| Contributions, Gifts, and Grants | $409,279.00 | $59,894.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $73,392.00 | $4,450.00 | |
| Investment Income, Net of Losses | $189.00 | $539.00 | |
| Membership Dues | $720.00 | $737.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $371,990.00 | $319,201.00 | |
| Administration Expense | $0.00 | $0.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 223% | 123% | |
| Program Expense/Total Expenses | 100% | 100% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $409,279.00 | Government Grants $325,918.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | National Government Grants $251,368.00 | Contributions, Gifts, and Grants $59,894.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Foundations and Corporations $78,681.00 | Program Revenue $4,450.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,789,698.00 | $1,330,559.00 | |
| Current Assets | $557,026.00 | $479,877.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $0.00 | $0.00 | |
| Total Net Assets | $1,789,698.00 | $1,330,559.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
No
What is the campaign goal?
$3,575,500.00
What is the purpose of the capital campaign?
To construct the "Circle of Life" center which will include a Tennessee Native American museum and a place for Indians to gather for meetings, ritual, training and activities.
Campaign Start
October 2019
Campaign End
December 2025
Campaign Raised to Date Month
November
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$1,300,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
March
Permit Expiration Year
2025
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Part of Schedule B removed to protect donor privacy. Financial documents prepared by Joe Osterfeld, CPA. Comments provided by Nicole Rose 04/10/2023. |
