The Next Door / The Next Door Recovery
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$10,167,279.00
Projected Expenses
$10,145,141.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
DBA Filed with the State | 2023 |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Revenue | $8,923,442.00 | $11,071,629.00 | $9,077,574.00 |
Total Expenses | $9,828,095.00 | $8,701,014.00 | $9,784,459.00 |
Revenue Less Expenses | ($904,653.00) | $2,370,615.00 | ($706,885.00) |
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 | $2,083,309.00 | $2,420,893.00 | $2,451,925.00 |
Contributions, Gifts, and Grants | $2,011,317.00 | $2,262,412.00 | $1,606,381.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $4,735,439.00 | $6,387,583.00 | $4,431,276.00 |
Investment Income, Net of Losses | $62,057.00 | $741.00 | $387.00 |
Membership Dues | $0.00 | $0.00 | $0.00 |
Special Events | $0.00 | $0.00 | $587,605.00 |
Revenue In-Kind | $31,320.00 | $0.00 | $0.00 |
Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Program Expense | $1,575,101.00 | $6,659,879.00 | $7,717,381.00 |
Administration Expense | $7,775,674.00 | $1,447,166.00 | $1,520,879.00 |
Fundraising Expense | $477,320.00 | $593,969.00 | $546,199.00 |
Total Revenue/Total Expenses | 91% | 127% | 93% |
Program Expense/Total Expenses | 16% | 77% | 79% |
Fundraising Expense/Contributed Revenue | 5% | 7% | 6% |
Top Funding Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Top Funding Source & Dollar Amount | Program Revenue $4,735,439.00 | Program Revenue $6,387,583.00 | Program Revenue $4,431,276.00 |
Second Highest Funding Source & Dollar Amount | Government Grants $2,083,309.00 | Government Grants $2,420,893.00 | Government Grants $2,451,925.00 |
Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,011,317.00 | Contributions, Gifts, and Grants $2,262,412.00 | Contributions, Gifts, and Grants $1,606,381.00 |
Assets and Liabilities
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Assets | $9,762,596.00 | $10,946,911.00 | $9,029,636.00 |
Current Assets | $654,367.00 | $895,273.00 | $1,185,419.00 |
Long-Term Liabilities | $3,963,861.00 | $4,385,835.00 | $4,856,303.00 |
Current Liabilities | $494,188.00 | $399,186.00 | $408,848.00 |
Total Net Assets | $5,304,547.00 | $6,161,890.00 | $3,764,485.00 |
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?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
TNDR has remained in operation for over 20 years in 2025. We truly believe our mission is meeting an otherwise unmet need in Tennessee. Through the years we have diversified our funding (individuals, foundations, corporations, churches, state funding, insurance reimbursement), increased revenue, increased operating reserves, paid down debt, and implemented a full array of revenue cycle management systems. We have a highly experienced team raising funds to meet our budgeted goal of $2.2M in donations and a highly experienced billing team collecting on insurance claims. We have a very involved board of directors and finance committee that helps stewards our funding and reserves and helps brainstorm new ways to continue to towards financial stability. |
Foundation Staff Comments
Financials taken from the 990. Financials completed by Crosslin, PLLC. Foundation or corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in the 990. Comments provided by Nicole Rose 10/01/2024. |