NeedLink Nashville
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615-269-6835
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1600 56th Avenue North
Nashville, TN 37209
Organization Details

Fiscal Year

Fiscal Year Start

07/01/2021

Fiscal Year End

06/30/2022

Projected Revenue

$519,500.00

Projected Expenses

$657,791.00

Organizational Budgets and Other Documents

NeedLink Nashville FY22 Budget 2022
NeedLink Nashville FY21 Budget 2021
NeedLink Nashville FY20 Budget 2020
NeedLink Nashville FY19 Budget 2019
NeedLink Nashville FY18 Budget 2018
NeedLink Nashville FY17 Budget 2017
NeedLink Nashville FY16 Budget 2016
NeedLink Nashville FY16 Mid-Year Budget 2016
NeedLink Nashville FY15 Budget 2015
2014 IRS 501 (c) (3) verification letter 2014
NeedLink Nashville FY14 Budget 2014
Non-Discrimination Policy 2013
Big Brothers Assumed State of TN 2012
NeedLink Nashville Budget 2012 2012
NeedLink Nashville State of TN Name Change 2012
big brothers of nashville 2011 budget 2011
big brothers of nashville 2010 budget 2010
IRS 501 (c) (3) verification letter 2010
Non-Discrimination Policy 2010
big brothers of nashville 2009 budget 2009
IRS acknowledgement name change 2009
big brothers of nashville 2008 budget 2008

IRS Letter of Exemption

NeedLink IRS Letter of Determination

Detailed Financials

Revenue and Expenses
Fiscal Year202020192018
Total Revenue $1,134,485.00$526,680.00$532,507.00
Total Expenses $863,520.00$524,675.00$613,804.00
Revenue Less Expenses $270,965.00$2,005.00($81,297.00)

Revenue Sources
Fiscal Year202020192018
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 $22,829.00$50,058.00$59,490.00
Individual Contributions $1,083,091.00$441,321.00$416,347.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $0.00$0.00$0.00
Investment Income, Net of Losses $1,670.00$3,416.00$4,224.00
Membership Dues $0.00$0.00$0.00
Special Events $26,895.00$27,556.00$50,954.00
Revenue In-Kind $0.00$4,329.00$1,492.00
Other $0.00$0.00$0.00

Expense Allocation
Fiscal Year202020192018
Program Expense $804,049.00$461,639.00$529,677.00
Administration Expense $26,690.00$29,727.00$29,872.00
Fundraising Expense $32,781.00$33,309.00$54,255.00
Total Revenue/Total Expenses 131%100%87%
Program Expense/Total Expenses 93%88%86%
Fundraising Expense/Contributed Revenue 4%6%9%

Top Funding Sources
Fiscal Year202020192018
Top Funding Source & Dollar Amount Contributions, Gifts and Grants
$1,083,091.00
Contributions, Gifts and Grants
$441,321.00
Contributions, Gifts and Grants
$416,347.00
Second Highest Funding Source & Dollar Amount Fundraising Events
$26,895.00
Government Grants
$50,058.00
Government Grants
$59,490.00
Third Highest Funding Source & Dollar Amount Government Grants
$22,829.00
Fundraising Events
$27,556.00
Fundraising Events
$50,954.00

Assets and Liabilities
Fiscal Year202020192018
Total Assets $742,843.00$428,745.00$423,903.00
Current Assets $736,398.00$415,929.00$423,014.00
Long-Term Liabilities $30,600.00$0.00$0.00
Current Liabilities $26,001.00$13,468.00$10,631.00
Total Net Assets $686,242.00$415,277.00$413,272.00

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?

Yes

Solicitation Permit Info

State Charitable Solicitations Permit

Yes

Permit Expiration Month

December

Permit Expiration Year

2021

Form 990s

2020 NeedLink Nashville 990 2020
2019 NeedLink Nashville 990 2019
NeedLink Nashville FYE 2018 Form 990 2018
NeedLink Nashville FYE 2017 Form 990 2017
NeedLink Nashville FYE 2016 Form 990 2016
NeedLink Nashville FYE 2015 Form 990 2015
NeedLink Nashville 2014 Form 990 2014
NeedLink Nashville 2013 Form 990 2013
NeedLink Nashville 2012 Form 990 2012
Big Brothers of Nashville 2011 990 2011
Big Brothers of Nashville 2010 990 2010
big brothers of nashville 2009 990 2009
big brothers of nashville 2008 990 2008
big brothers of nashville 2007 990 2007
big brothers of nashville 2006 990 2006

Audit Documents

2020 NeedLink Nashville Audit 2020
2019 NeedLink Nashville Audit 2019
NeedLink Nashville FYE 2018 Audit 2018
NeedLink Nashville FYE 2017 Audit 2017
FYE16 SAS115 2016
NeedLink Nashville FYE 2016 Audit 2016
NeedLink Nashville FYE 2015 Audit 2015
NeedLink Nashville 2014 Audit 2014
NeedLink Nashville 2013 Audit 2013
NeedLink Nashville 2012 Audit 2012
Big Brothers of Nashville 2011 Audit 2011
big brothers of nashville 2010 audit 2010
big brothers of nashville 2009 audit 2009
big brothers of nashville 2008 audit 2008
big brothers of nashville 2007 audit 2007
big brothers of nashville 2006 audit 2006

CEO/Executive Director/Board Comments


NeedLink Nashville's Board of Directors has led the organization to a strong financial position. Currently, we have sufficient reserves to meet one year of operations expenses in case of emergency, and we have grown our program funding to reach approximately 60 % of applicants. We attempt to keep administrative and fundraising expenses low, in order to maximize the funding available for the rent and critical utility services needs of our clients.

Careful budgeting is key to ensuring that funding is available every week of every year to help people facing an emergency situation.

In the months to year following Nashville's tornados, the onset of COVID, and our downtown bombing, Nashvillians gave generously to NeedLink Nashville, and because of that that funding, we have been able to assist thousands of families who were experiencing the very challenging economic hardships brought about by each tragedy.

However, NeedLink operates each week of the year and also assists with the everyday financial emergencies that happen occasionally to all Nashvillians.

Foundation Staff Comments


Financial figures taken from 990. Financials prepared by Brown & Maguire CPA's, PLLC. Comments provided by Kathryn Bennett 9/14/2020.