Totals
- Total revenue
- $122,000
- Total expenses
- $392,794
- Contributions and grants received
- $122,000
- Grants paid
- $81
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $119,921
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $119,921
- Program services expenses (Part IX)
- $222,023
- Management and general expenses
- $165,961
- Fundraising expenses
- $4,810
- Program service expenses (Part III)
- $222,023
Program services were 56.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$122,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8c · Net income from fundraising events
total $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $81 · program services $81
-
7 · Other salaries and wages
total $256,191 · program services $143,467 · management and general $112,724
-
10 · Payroll taxes
total $22,905 · program services $8,475 · management and general $9,620 · fundraising $4,810
-
11c · Fees: accounting
total $10,978 · management and general $10,978
-
11g · Fees: other
total $70,000 · program services $70,000 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $300 · management and general $300
-
13 · Office expenses
total $15,934 · management and general $15,934
-
16 · Occupancy
total $10,400 · management and general $10,400
-
17 · Travel
total $185 · management and general $185
-
23 · Insurance
total $5,260 · management and general $5,260
-
24a · Other expenses: Taxes & Licenses
total $560 · management and general $560
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $462,715 · end of year $119,921
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $72,000
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $390,715 · end of year $119,921
Mission and programs · 2025
Mission
To collaborate, innovate, and construct solutions to improve the social and economic future of all children and families in Tennessee.
-
Tennessee Prospers is a non-partisan policy and advocacy group that works with everyone in the community who shares our goal of creating long lasting opportunities for our families from Cradle to Career.
Expenses $222,023 · Grants $81
As filed on the 2025 return.
Listed in Part VII
-
Austin Baker
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Darrell Cobbins
President
- Total calculated
- $0
- Hours/week
- 2
-
Mark Sturgis
Treasurer
- Total calculated
- $383,142
- From this org
- $0
- From related orgs
- $383,142
- Other
- $0
- Hours/week
- 10
Schedule J breakdown matched by us
- Base
- $0 + $383,142 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $383,142 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
None.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Improve education outcomes & expand talent base in Shelby county · TN
Directly controlled by na
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 14 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202601959349301220
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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