16:10 Now & Then, Inc
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$750,000.00
Projected Expenses
$700,000.00
Organizational Budgets and Other Documents
| 16:10 Budget | 2023 |
| 16:10 Budget 2022 | 2022 |
| 16:10 Budget | 2021 |
| 1610 Budget | 2020 |
IRS Letter of Exemption
| IRS Letter of Determination | 2016 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $838,796.00 | $229,305.00 | $52,559.00 |
| Total Expenses | $820,272.00 | $227,414.00 | $52,224.00 |
| Revenue Less Expenses | $18,524.00 | $1,891.00 | $335.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $730,416.00 | $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 |
| Contributions, Gifts, and Grants | $108,380.00 | $229,305.00 | $22,500.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $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 | $0.00 | $0.00 | $30,059.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $815,119.00 | $220,571.00 | $52,224.00 |
| Administration Expense | $5,153.00 | $6,843.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 102% | 101% | 101% |
| Program Expense/Total Expenses | 99% | 97% | 100% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Foundations and Corporations $730,416.00 | Contributions, Gifts, Grants $229,305.00 | Other Revenue $30,059.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $108,380.00 | $0.00 | Contributions, Gifts and Grants $22,500.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $11,684.00 | $1,891.00 | $0.00 |
| Current Assets | $11,684.00 | $1,891.00 | $0.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $269.00 | $0.00 | $0.00 |
| Total Net Assets | $11,415.00 | $1,891.00 | $0.00 |
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
| 16:10 Now & Then- 990 | 2022 |
| 1610 - 990 | 2021 |
| 1610 990-EZ | 2020 |
| 1610 990-N | 2019 |
| 1610 990-N | 2018 |
| 1610 990-N | 2017 |
Audit Documents
| Audit Report and Financial Statements | 2022 |
CEO/Executive Director/Board Comments
| 16:10 is a growing organization providing services such as Volunteering, Food Pantry and Financial Resource Program. 16:10 Now & Then allows potential clients to get all services they need in one stop. We are always looking for donors that support our cause to contribute to one or more of our programs. Our organization works with low to moderate income individuals with or without a background. 16:10 is here to serve our Rutherford County residents by assisting with barriers which would allow them to become self-sufficient. |
Foundation Staff Comments
| Financial figures taken from the Form 990, which was prepared by SPD CPAs. Comments provided by Nicole Rose 07/01/2023. |
