Tennessee Higher Education Initiative, Inc.
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615-879-8852
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1006 SHELBY AVE
NASHVILLE, TN 37206
Organization Details

Fiscal Year

No current fiscal year information is available at this time.


Organizational Budgets and Other Documents

THEI Budget 2022-23 2023
THEI FY22 Budget 2022
THEI Budget FY21 2021
THEI Budget 19/20 2020
THEI Budget 18/19 2019
THEI Budget FY 17/18 2018
THEI Projected Budget FY16-17 2017
THEI Projected Budget FY15-16b 2016
THEI Projected Budget FY14-15 2015
Tennessee Higher Education Initiative 2013 budget 2013

IRS Letter of Exemption

Tennessee Higher Education Initiative IRS Letter

Detailed Financials

Revenue and Expenses
Fiscal Year202320222021
Total Revenue $885,125.00$1,064,229.00
Total Expenses $1,087,772.00$1,006,596.00
Revenue Less Expenses ($-0.00)($202,647.00)$57,633.00

Revenue Sources
Fiscal Year202320222021
Foundation and Corporation Contributions $0.00$0.00
Government - Federal $0.00$0.00
Government - State $0.00$0.00
Government - Local $0.00$0.00
Government - Unspecified $603,959.00$273,750.00
Contributions, Gifts, and Grants $281,166.00$790,479.00
Indirect Public Support $0.00$0.00
Earned Revenue $0.00$0.00
Investment Income, Net of Losses $0.00$0.00
Membership Dues $0.00$0.00
Special Events $0.00$0.00
Revenue In-Kind $0.00$0.00
Other $0.00$0.00

Expense Allocation
Fiscal Year202320222021
Program Expense $759,232.00$652,095.00
Administration Expense $328,540.00$354,501.00
Fundraising Expense $0.00$0.00
Total Revenue/Total Expenses 81%106%
Program Expense/Total Expenses 70%65%
Fundraising Expense/Contributed Revenue 0%0%

Top Funding Sources
Fiscal Year202320222021
Top Funding Source & Dollar Amount $0.00Government Grants
$603,959.00
Contributions, Gifts, and Grants
$790,479.00
Second Highest Funding Source & Dollar Amount $0.00Contributions, Gifts, and Grants
$281,166.00
Government Grants
$273,750.00
Third Highest Funding Source & Dollar Amount $0.00$0.00$0.00

Assets and Liabilities
Fiscal Year202320222021
Total Assets $59,602.00$318,803.00
Current Assets $50,350.00$306,091.00
Long-Term Liabilities $0.00$0.00
Current Liabilities $10,785.00$67,339.00
Total Net Assets $48,817.00$251,464.00

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

December

Permit Expiration Year

2023

Form 990s

Form 990 2021-2022 2022
Form 990 2020-2021 2021
Form 990 2019-2020 2020
Form 990 2018-2019 2019
Form 990 2017-2018 2018
Form 990 2016-2017 2017
Form 990EZ 2015-2016 2016
Form 990EZ 2014-2015 2015
Form 990EZ - 2014 short form 2014
990N E-Filing Receipt 2013
990N E-filing Receipt 2012

Audit Documents

2022 Audit 2022
2021 Audit Paperwork 2021
ennessee Higher Education Initiative Inc_Issued Financial Statements 2020

Foundation Staff Comments


Financial figures taken from Form 990. Foundation and corporate grants may be included in the Contributions, Gifts, and Grants category as these amounts are not separated in Form 990. Form 990 was prepared by John P. Young, PC. Comments provided by Nicole Rose 03/27/2023.