TennesseeCAN, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$581,188.00
Projected Expenses
$581,188.00
Organizational Budgets and Other Documents
| TennesseeCAN 2023 Budget | 2023 |
| TennesseeCAN Budget | 2022 |
| 2019 Budget | 2019 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $37,090,533.00 | $14,699,448.00 | $9,424,103.00 |
| Total Expenses | $36,341,433.00 | $11,541,176.00 | $11,077,698.00 |
| Revenue Less Expenses | $749,100.00 | $3,158,272.00 | ($1,653,595.00) |
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 | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $1,063,895.00 | $0.00 |
| Contributions, Gifts, and Grants | $33,899,673.00 | $12,042,763.00 | $7,444,540.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $3,179,574.00 | $1,584,271.00 | $1,903,365.00 |
| Investment Income, Net of Losses | $1,307.00 | $706.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $7,775.00 | $55,883.00 |
| Other | $9,979.00 | $38.00 | $20,315.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $2,683,784.00 | $2,197,569.00 | $8,737,136.00 |
| Administration Expense | $32,567,108.00 | $8,332,173.00 | $1,397,370.00 |
| Fundraising Expense | $1,090,541.00 | $1,011,434.00 | $943,192.00 |
| Total Revenue/Total Expenses | 102% | 127% | 85% |
| Program Expense/Total Expenses | 7% | 19% | 79% |
| Fundraising Expense/Contributed Revenue | 3% | 9% | 9% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $33,899,673.00 | Contributions, Gifts, and Grants $12,042,763.00 | Contributions, Gifts, Grants $7,444,540.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $3,179,574.00 | Program Revenue $1,584,271.00 | Program Revenue $1,903,365.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $9,979.00 | Government Grants $1,063,895.00 | Noncash Contributions $55,883.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $12,137,182.00 | $11,451,169.00 | $6,987,933.00 |
| Current Assets | $11,433,404.00 | $9,684,463.00 | $6,799,601.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $994,209.00 |
| Current Liabilities | $606,936.00 | $649,159.00 | $191,520.00 |
| Total Net Assets | $11,530,246.00 | $10,802,010.00 | $5,802,204.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Under Extension
Form 990s
| Form 990 | 2022 |
| Form 990 | 2021 |
| Form 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
| Form 990 | 2016 |
| Form 990 | 2015 |
Audit Documents
| Audited Financials | 2022 |
| Audited Financials | 2021 |
| Audited Financials | 2020 |
| Audit Document | 2019 |
| Audit | 2018 |
| Audited Financials | 2017 |
| Audited Financials | 2016 |
| Audited Financials | 2015 |
Foundation Staff Comments
| Financial figures taken from the Form 990. 50CAN is a national organization and the 990 and Audit reflect their national financials. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 was prepared by PKF O'Connor Davies, LLC. Comments provided by Nicole Rose 12/08/2023. |
