The Change Center
- Assets
- $4.4m
- Revenue
- $704.3k
- Investments
- $0.0
- Employees
- 10
- Location
- Knoxville, TN
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 38-3991050
Organization Overview
The Change Center is located in Knoxville, TN. The organization was established in 2016. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Change Center employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Change Center 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 12/2021, Change Center generated $704.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $655.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHANGE CENTER IS A SAFE, STRATEGICALLY LOCATED, CENTER-CITY PARTNERSHIP FACILITY THAT PROVIDES RELATIONAL, RECREATIONAL, LEADERSHIP DEVELOPMENT, AND JOBS INIATIVES FOR TEENS AND YOUNG ADULTS IN AN ATTRACTIVE FUN ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHANGE CENTER IS A SAFE, STRATEGICALLY LOCATED, CENTER-CITY PARTNERSHIP FACILITY THAT PROVIDES RELATIONAL, RECREATIONAL, LEADERSHIP DEVELOPMENT, AND JOBS INIATIVES FOR TEENS AND YOUNG ADULTS IN AN ATTRACTIVE FUN ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rausch Co-Chair | OfficerTrustee | $0 | |
Daryl Arnold Co-Chair | OfficerTrustee | $0 | |
G Bruce Charles CFO | Officer | $0 | |
Ursula Bailey Director | Trustee | $0 | |
Adam Fritts Director | Trustee | $0 | |
Mike Murray Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,545 |
| Noncash contributions included in lines 1a–1f | $40,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $424,545 |
| Total Program Service Revenue | $95,608 |
| Investment income | $0 |
| 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 | $704,291 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $206,767 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,559 |
| Payroll taxes | $17,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $354 |
| Fees for services: Accounting | $20,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,285 |
| Office expenses | $14,769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,553 |
| Travel | $129 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,411 |
| Interest | $32,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,457 |
| Insurance | $11,949 |
| All other expenses | $8,127 |
| Total functional expenses | $655,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $49,133 |
| Accounts receivable, net | $1,613 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,206 |
| Prepaid expenses and deferred charges | $7,485 |
| Net Land, buildings, and equipment | $4,046,001 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,360,748 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $984,778 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,129 |
| Total liabilities | $992,907 |
| Net assets without donor restrictions | $3,367,841 |
| 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 | $4,360,748 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Change Center has recieved totaling $148,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $83,000 |
Score International Inc Chattanooga, TN PURPOSE: ACCOMPLISH EXEMPT PURPOSE | $25,000 |
East Tennessee Foundation Knoxville, TN PURPOSE: GEN/OPER SUPPORT | $20,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: TRAINING AND EMPLOYING YOUTH IN THE INNER CITY | $15,000 |
Stowers Machinery Foundation Inc Knoxville, TN PURPOSE: 2021 MULTI-YEAR PLEDGE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life360 Community Services Springfield, MO | $10,006,049 | $26,351,423 |
Neighborhood Youth Leadership Inc Vass, NC | $7,695,228 | $7,596,341 |
Optimist International Saint Louis, MO | $4,353,135 | $4,531,047 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Fayetteville Youth Center Inc Fayetteville, AR | $12,297,154 | $2,561,088 |
Boys And Girls Clubs Of The Columbia Area Columbia, MO | $4,174,183 | $2,636,782 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Coalition For Kids Inc Johnson City, TN | $1,061,508 | $1,620,502 |
Boys & Girls Club Of Jefferson City Jefferson City, MO | $4,470,698 | $2,010,327 |
Boys And Girls Club Of Transylvania County Inc Brevard, NC | $5,160,904 | $1,796,583 |
Lionheart Incorporated Fredericksburg, VA | $461,193 | $1,334,314 |
In The City Camp Inc Atlanta, GA | $210,512 | $1,428,732 |