Clarksville-Montgomery County Senior Citizens Association
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Clarksville- montgomery county senior citizens center irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $825,110.00 | $478,454.00 | |
| Total Expenses | $727,515.00 | $422,372.00 | |
| Revenue Less Expenses | ($-0.00) | $97,595.00 | $56,082.00 |
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 | $585,481.00 | $397,859.00 | |
| Contributions, Gifts, and Grants | $80,479.00 | $74,105.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $159,150.00 | $6,490.00 | |
| 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 Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $671,989.00 | $385,065.00 | |
| Administration Expense | $51,893.00 | $37,307.00 | |
| Fundraising Expense | $3,633.00 | $0.00 | |
| Total Revenue/Total Expenses | 113% | 113% | |
| Program Expense/Total Expenses | 92% | 91% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $585,481.00 | Government Grants $397,859.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $159,150.00 | Contributions, Gifts, Grants $74,105.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $80,479.00 | Program Revenue $6,490.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $435,003.00 | $415,711.00 | |
| Current Assets | $345,281.00 | $326,502.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $9,223.00 | $87,073.00 | |
| Total Net Assets | $425,780.00 | $328,185.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$24,419.00
What is the spending policy for your endowment?
Percentage
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
2023
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| The Center is sound financially. It has income from various sources; from Federal, State, City, and private sources such as United Way; plus it receives income from self supporting sources, such as income from fees and donations, grants, and renting the center when not in use. Budgets are submitted annually and monitored monthly. An endowment fund (through Community Foundation) has been established for donations to be received. The financial record keeping has been labeled exemplary and the audits reveal no findings to be rectified. |
Foundation Staff Comments
| Financial figures taken from the 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Financials completed by Thurman Campbell Group, PLC. Comment provided by Nicole Rose 03/10/2023. |
