The Nature Conservancy of Tennessee
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$4,427,174.00
Projected Expenses
$5,553,809.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| nature conservancy of tennessee irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $4,806,572.00 | $4,267,765.00 | |
| Total Expenses | $3,683,037.00 | $4,089,675.00 | |
| Revenue Less Expenses | ($-0.00) | $1,123,535.00 | $178,090.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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 | $197,625.00 | $385,571.00 | |
| Contributions, Gifts, and Grants | $2,175,559.00 | $1,325,496.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $1,442,147.00 | $1,399,323.00 | |
| Investment Income, Net of Losses | $316,599.00 | $315,814.00 | |
| Membership Dues | $507,758.00 | $507,758.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $166,884.00 | $333,803.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $2,717,558.00 | $3,055,898.00 | |
| Administration Expense | $433,100.00 | $416,938.00 | |
| Fundraising Expense | $532,380.00 | $616,838.00 | |
| Total Revenue/Total Expenses | 131% | 104% | |
| Program Expense/Total Expenses | 74% | 75% | |
| Fundraising Expense/Contributed Revenue | 14% | 15% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $2,175,559.00 | Program Revenue $1,399,323.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $1,442,147.00 | Contributions, Gifts, and Grants $1,325,496.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Membership Dues $507,758.00 | Membership Dues $507,758.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $22,997,783.00 | $20,016,791.00 | |
| Current Assets | $9,140,066.00 | $7,080,708.00 | |
| Long-Term Liabilities | $2,243,863.00 | $2,649,960.00 | |
| Current Liabilities | $40,474.00 | $9,944.00 | |
| Total Net Assets | $20,713,446.00 | $17,356,887.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$1,100,000.00
What is the spending policy for your endowment?
Default
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
Under Extension
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| Please note, The Nature Conservancy is one international entity. Our domestic and international programs compile operations budgets, which then are submitted to the national organization's Board of Directors for approval in June of each year. This is the budget for the Tennessee Chapter only. |
Foundation Staff Comments
| *Financial documents are for the NATIONAL organization, as the Nature Conservancy of Tennessee does not complete an independent 990 or Audit. Financial figures are taken from internal documents. The financial information provided is for the Tennessee Chapter. Foundation & Corporation contributions are included with Individual contributions. The Nature Conservancy is one entity, therefore domestic and international programs, like the Tennessee Chapter, do not have audited financial statements nor separate Form 990s. National 990 and Audited financial documents were prepared by PricewaterhouseCoopers, LLP. Comments provided by Nicole Rose 06/07/2023. |
