First Tennessee Development District Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 25,067 | 14,807 | 10,260 | 8.3 | — |
| 2020 | 3,900 | 4,120 | −220 | 29.2 | — |
| 2021 | 542,700 | 161,716 | 380,984 | 29.0 | 0% |
| 2022 | 413,348 | 571,061 | −157,713 | 4.9 | 0% |
| 2023 | 363,131 | 457,777 | −94,646 | 3.6 | 0% |
| 2024 | 3,788,450 | 3,867,276 | −78,826 | 0.2 | 0% |
In its most recent public year (2024), this organization spent $78,826 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 8.3 in 2019. Staff pay was 0% of spending. $59,839 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
First Tennessee Development District Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works