Tennessee Medical Foundation
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,321,050.00
Projected Expenses
$1,317,828.48
Organizational Budgets and Other Documents
IRS Letter of Exemption
tennessee medical foundation irs ltr |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Revenue | $1,513,504.00 | $1,465,217.00 | $1,233,337.00 |
Total Expenses | $1,267,277.00 | $1,140,574.00 | $1,243,290.00 |
Revenue Less Expenses | $246,227.00 | $324,643.00 | ($9,953.00) |
Revenue Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
Government - Federal | $0.00 | $0.00 | $0.00 |
Government - State | $233,425.00 | $0.00 | $0.00 |
Government - Local | $0.00 | $0.00 | $0.00 |
Government - Unspecified | $0.00 | $0.00 | $0.00 |
Contributions, Gifts, and Grants | $824,281.00 | $847,433.00 | $747,962.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $0.00 | $233,925.00 | $249,800.00 |
Investment Income, Net of Losses | $13,679.00 | $233.00 | $199.00 |
Membership Dues | $134,430.00 | $239,656.00 | $231,887.00 |
Special Events | $0.00 | $0.00 | $0.00 |
Revenue In-Kind | $0.00 | $0.00 | $0.00 |
Other | $207,725.00 | $143,970.00 | $3,489.00 |
Expense Allocation
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Program Expense | $947,733.00 | $894,658.00 | $974,486.00 |
Administration Expense | $192,633.00 | $173,882.00 | $187,738.00 |
Fundraising Expense | $89,911.00 | $72,034.00 | $81,066.00 |
Total Revenue/Total Expenses | 123% | 128% | 99% |
Program Expense/Total Expenses | 77% | 78% | 78% |
Fundraising Expense/Contributed Revenue | 7% | 6% | 7% |
Top Funding Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $824,281.00 | Contributions, Gifts, Grants $847,433.00 | Contributions, Gifts, and Grants $747,962.00 |
Second Highest Funding Source & Dollar Amount | State Government Grants $233,425.00 | Membership Dues $239,656.00 | Program Revenue $249,800.00 |
Third Highest Funding Source & Dollar Amount | Other Revenue $207,725.00 | Program Revenue $233,925.00 | Membership Dues $231,887.00 |
Assets and Liabilities
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Assets | $1,343,795.00 | $855,793.00 | $656,754.00 |
Current Assets | $1,096,363.00 | $851,220.00 | $651,262.00 |
Long-Term Liabilities | $243,779.00 | $0.00 | $0.00 |
Current Liabilities | $5,159.00 | $7,163.00 | $132,767.00 |
Total Net Assets | $1,094,857.00 | $848,630.00 | $523,987.00 |
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
2024
Solicitations Permit
Form 990s
Form 990 | 2022 |
2021 Form 990 - TMF | 2021 |
Form 990 | 2020 |
Form 990 | 2019 |
Form 990 | 2018 |
Form 990 | 2017 |
Form 990 | 2016 |
Form 990 | 2015 |
Form 990 | 2014 |
Form 990 | 2013 |
Form 990 | 2012 |
Tennessee Medical Foundation 2011 990 | 2011 |
tennessee medical foundation 2010 990 | 2010 |
tennessee medical foundation 2009 990 | 2009 |
tennessee medical foundation 2008 990 | 2008 |
tennessee medical foundation 2007 990 | 2007 |
tennessee medical foundation 2006 990 | 2006 |
tennessee medical foundation 2005 990 | 2005 |
tennessee medical foundation 2004 990 | 2004 |
Audit Documents
Foundation Staff Comments
Financials taken from the audit. The 990 is a Private Foundation 990. Financial documents were prepared by Bellenfant + Miles, PLLC. Comments provided by Nicole Rose 07/18/2022. |