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P.O. Box 2806
Brentwood, TN 37024
Organization Details

Fiscal Year

No current fiscal year information is available at this time.

Organizational Budgets and Other Documents

Cul2vate Budget 2022
2021 Budget 2021
Revised 2020 Budget 2020
Budget 2019
Budget 2018
Budget 2017
Cul2vate 2016 Budget 2016

IRS Letter of Exemption

IRS Letter of Determination

Detailed Financials

Revenue and Expenses
Fiscal Year202220212020
Total Revenue $1,099,543.00$888,893.00$559,336.00
Total Expenses $803,509.00$513,119.00$431,714.00
Revenue Less Expenses $296,034.00$375,774.00$127,622.00

Revenue Sources
Fiscal Year202220212020
Foundation and Corporation Contributions $0.00$261,275.00$99,944.00
Government - Federal $0.00$0.00$0.00
Government - State $0.00$25,032.00$133,650.00
Government - Local $0.00$0.00$0.00
Government - Unspecified $0.00$0.00$0.00
Contributions, Gifts, and Grants $685,702.00$375,322.00$114,464.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $0.00$2,653.00$12,923.00
Investment Income, Net of Losses $122.00$12.00$13.00
Membership Dues $0.00$0.00$0.00
Special Events $413,955.00$222,895.00$187,117.00
Revenue In-Kind $0.00$1,704.00$11,225.00
Other $-236.00$0.00$0.00

Expense Allocation
Fiscal Year202220212020
Program Expense $545,833.00$413,511.00$335,461.00
Administration Expense $180,211.00$81,245.00$51,767.00
Fundraising Expense $77,465.00$18,363.00$44,486.00
Total Revenue/Total Expenses 137%173%130%
Program Expense/Total Expenses 68%81%78%
Fundraising Expense/Contributed Revenue 10%4%10%

Top Funding Sources
Fiscal Year202220212020
Top Funding Source & Dollar Amount Contributions, Gifts, and Grants
Contributions, Gifts, and Grants
Fundraising Events
Second Highest Funding Source & Dollar Amount Fundraising Events
Foundation and Corporations
State Government Grants
Third Highest Funding Source & Dollar Amount Investment Income
Fundraising Events
Contributions, Gifts, and Grants

Assets and Liabilities
Fiscal Year202220212020
Total Assets $1,132,282.00$838,490.00$507,581.00
Current Assets $963,414.00$774,408.00$437,921.00
Long-Term Liabilities $0.00$0.00$50,790.00
Current Liabilities $10,577.00$1,418.00$638.00
Total Net Assets $1,121,705.00$837,072.00$456,153.00

Endowment Info

Do you have an endowment?


Capital Campaign Info

Are you currently in a Capital Campaign?


Do you anticipate a campaign in the next 5 years?


Solicitation Permit Info

State Charitable Solicitations Permit


Permit Expiration Month


Permit Expiration Year


Solicitations Permit

Charitable Solicitations

Form 990s

990 2022
2021 Form 990 2021
Cul2vate 2020 Form 990 2020
Cul2vate Complete Form 990 2019
2018 990 2018
2017 990 2017
990-EZ 2016
990-EZ 2015
2014 990N 2014

Audit Documents

Audited Financials 2022
Financial Review 2021

CEO/Executive Director/Board Comments

Finances can present challenges. (1) Currently, we are faced with continuing the vision for our mission with a short history. Our donor has increased, but we are still very young and have infrastructure costs. We have to provide visual milestones to prove our ministry is on solid ground. (2) Our goal for 2020 is to increase our monthly recurring donors while helping our current champions to become more actively involved in our ministry. (3) Cul2vate must maintain financial transparency. As we move from vision casting to strategy to implementation, we want to continue to seek aggressively the maximization of the dollar as it pertains to those who are receiving help from us. We want to constantly be looking at that as we continue to grow. (4) As we continue on our journey, we also are weighing and understanding efforts of expansion. While we are still learning, we hope to engage more hunger through partnerships and continued diligence.

Foundation Staff Comments

Financial data compiled by Form 990. Schedule B removed to protect donor privacy. Form 990 prepared by Scott CPA. Comment provided by Hayley Sulfridge 12/15/23.