The IBMA Foundation, Inc.
DONATE NOW
615-260-4807
Share page
4206 Gallatin Pike
Nashville, TN 37216
Organization Details

Fiscal Year

Fiscal Year Start

07/01/2020

Fiscal Year End

06/30/2021

Projected Revenue

$45,419.00

Projected Expenses

$47,595.00

Organizational Budgets and Other Documents

IBMA Fdn budget 2020-21 2021
2019-2020 Budget 2020
2018-2019 Budget 2019

IRS Letter of Exemption

IRS Letter of Determination

Detailed Financials

Revenue and Expenses
Fiscal Year201920182017
Total Revenue $45,657.00$0.00$0.00
Total Expenses $35,459.00$0.00$0.00
Revenue Less Expenses $10,198.00($-0.00)($-0.00)

Revenue Sources
Fiscal Year201920182017
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
Individual Contributions $42,574.00$0.00$0.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $580.00$0.00$0.00
Investment Income, Net of Losses $2,443.00$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 $60.00$0.00$0.00

Expense Allocation
Fiscal Year201920182017
Program Expense $35,459.00$0.00$0.00
Administration Expense $0.00$0.00$0.00
Fundraising Expense $0.00$0.00$0.00
Total Revenue/Total Expenses 129%
Program Expense/Total Expenses 100%
Fundraising Expense/Contributed Revenue 0%

Top Funding Sources
Fiscal Year201920182017
Top Funding Source & Dollar Amount Contributions, Gifts and Grants
$42,574.00
$0.00$0.00
Second Highest Funding Source & Dollar Amount Investment Income
$2,443.00
$0.00$0.00
Third Highest Funding Source & Dollar Amount Program Revenue
$580.00
$0.00$0.00

Assets and Liabilities
Fiscal Year201920182017
Total Assets $189,165.00$0.00$0.00
Current Assets $189,165.00$0.00$0.00
Long-Term Liabilities $0.00$0.00$0.00
Current Liabilities $559.00$0.00$0.00
Total Net Assets $188,606.00$0.00$0.00

Endowment Info

Do you have an endowment?

Yes

What is the value of the endowment?

$51,213.00

What is the spending policy for your endowment?

Income Only

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

2020

Form 990s

990 2019
990N 2018
990N 2017
990N 2016
990N 2015

Audit Documents

2018-2019 End of Year Report 2019

Foundation Staff Comments


Financial figures taken from the Form 990. Form 990 was prepared by Riney Hancock CPAs PSC. Comments provided by Kathryn Bennett 3/31/2020.