Tranco Cares
- Assets
- $1.5k
- Revenue
- $33.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- Data as of
- 12/2022
- EIN
- 86-3599843
Organization Overview
Tranco Cares is located in Chattanooga, TN. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tranco Cares 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 12/2022, Tranco Cares generated $33.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $35.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dakota Williams Key Employee | 1 | $0 | |
Bruce Trantham Incorporator | 1 | $0 | |
Byron Trantham Incorporator | 1 | $0 | |
Kathy Sanders Key Employee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,811 |
| Total Revenue | $33,011 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,674 |
| Total operating and administrative expenses | $21,674 |
| Contributions, gifts, grants paid | $13,790 |
| Total expenses and disbursements | $35,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,546 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,546 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tranco Cares has awarded $13,790 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RONALD MCDONALD HOUSE PURPOSE: TO SUPPORT FAMILIES AT THE RONALD MCDONALD HOUSE. | $10,000 |
EAST RIDGE QUARTERBACK CLUB PURPOSE: TO HELP SUPPORT THE YOUNG ATHLETES THAT ARE A PART OF THE EAST RIDGE FOOTBALL TEAM. | $1,355 |
EAST RIDGE HIGH SCHOOL CONCESSION STAND PURPOSE: TO HELP SUPPORT THE SPORT TEAMS' EFFORTS IN FUNDRAISING THE ATHLETICS PROGRAM AT EAST RIDGE HIGH SCHOOL. | $2,435 |