Tennessee Association Of Independent Schools
- Assets
- $373.3k
- Revenue
- $519.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Memphis, TN
- Founding
- 03/1990
- Data as of
- 06/2022
- EIN
- 31-1772278
Organization Overview
Tennessee Association Of Independent Schools is located in Memphis, TN. The organization was established in 1990. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Tennessee Association Of Independent Schools employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Association Of Independent Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Tennessee Association Of Independent Schools generated $519.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $360.2k during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE ACTIVE VOICE AND CONNECTIVE RESOURCE FOR ITS MEMBER SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAIS HELD 27 EVENTS/OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT FOR INDEPENDENT SCHOOL FACULTY AND STAFF FROM AUGUST 2021 THROUGH JUNE 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Wilson Executive Di | Officer | 40 | $131,179 |
Jim Mcintyre Board Past P | OfficerTrustee | 2 | $0 |
Kristen Ring Board Presid | OfficerTrustee | 2 | $0 |
David Skeen Board Vice-P | OfficerTrustee | 2 | $0 |
Katherine Koonce Board Treasu | OfficerTrustee | 2 | $0 |
Mark Fallo Board Secret | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,156 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,279 |
| Noncash contributions included in lines 1a–1f | $7,144 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,435 |
| Total Program Service Revenue | $415,887 |
| Investment income | $1,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $519,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,418 |
| Compensation of current officers, directors, key employees. | $43,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,000 |
| Pension plan accruals and contributions | $6,727 |
| Other employee benefits | $0 |
| Payroll taxes | $14,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,205 |
| Fees for services: Accounting | $24,546 |
| Fees for services: Lobbying | $392 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $410 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $16,886 |
| Information technology | $1,310 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,688 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,583 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,301 |
| All other expenses | $0 |
| Total functional expenses | $360,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,192 |
| Savings and temporary cash investments | $3,129 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,614 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,910 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $301,410 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $373,255 |
| Accounts payable and accrued expenses | $6,623 |
| Grants payable | $0 |
| Deferred revenue | $835 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,458 |
| Net assets without donor restrictions | $365,797 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $373,255 |