Greater Nashville Private Capital Association

Nonprofit profile at a glance

EIN
992417095
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Nashville, TN, USA
Phone
6292362713
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$525,829
Expenses
$307,301
Assets
$275,797
Liabilities
$57,269

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • JUDITH BYRD (PRESIDENT/EXECUTIVE DIRECTOR)

Highest reported compensation

  • JUDITH BYRD (PRESIDENT/EXECUTIVE DIRECTOR): $147,434 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Facilitate capital connections that unlock investment opportunities, enabling innovative entrepreneurs to build successful companies, create jobs, and contribute to the region's growth.

What it reported doing in 2024

Educational programming and panel discussions: the greater nashville venture capital association (gnvca) hosts a series of educational initiatives aimed at informing and equipping its members with insights into emerging trends, regulatory developments, and investment best practices. Signature programming includes panel discussions featuring subject-matter experts on topics such as private capital trends in healthcare, technology, and tax policy. These events are designed to foster learning and collaboration among industry leaders and to strengthen the regional venture capital ecosystem.policy updates and advocacy: gnvca serves as a central voice for the private capital community in middle Tennessee by providing timely policy updates and engaging with local, state, and federal policymakers. Through this work, the organization ensures that its members are aware of legislative and regulatory developments that may impact investment activity. Gnvca works to foster and build a robust and competitive venture capital environment in the region.member engagement and networking opportunities: gnvca creates and hosts networking events such as member receptions, private roundtables, and peer-to-peer connection opportunities. These gatherings strengthen relationships across the venture capital community, promote collaboration, and help integrate new members into the regional network. The association prioritizes inclusive and high-value networking that supports deal flow and fosters long-term partnerships among investors and stakeholders.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 58
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 41.6%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 48%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $147K · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.