Greeneville City Schools Foundation

Nonprofit profile at a glance

EIN
621672018
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Greeneville, TN, USA
Phone
4238238001
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$77,100
Expenses
$99,389
Assets
$378,911

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

Leadership & pay

30 people listed

People named in this filing

  • STEVE STARNES (DIRECTOR OF)
  • CINDY LUTTRELL (EXECUTIVE BO)
  • DR MICHELLE FREEMAN (EXECUTIVE BO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The mission of the greeneville city schools foundation is to support and assist the greeneville city school system by receiving donations and disbursing those funds for charitable and educational purposes.

What it reported doing in 2024

Gcs professional development - this is a program that funds back to school retreats and support for professional development day for teachers. Expenses 6,396 character education award - these awards are presented to students for outstanding character. Expenses 3,950 focus grants - small grants under 500 for teachers/teaching teams focused on classroom programs or projects that may be smaller than those eligible for american education week grants. Expenses 3,570 caroline russell scholarship - this is an annual scholarship for high school seniors pursuing a career in education at listed university's in order to allow future students to succeed in the field of education. Expenses 2,087 joy of music scholarship - this is an annual scholarship that honors high school seniors that exemplify their joy for music and have an interest in furthering their education in the music field. Expenses 1,000 kay leonard award - this is a 1,000 award each to teachers in the greeneville city school system. Expenses 1,000 over 30 act recognition - these awards are to recognize students that make more than a 30 on the act. Expenses 545 science alliance - this is an annual program for elementary and middle school students to experience the results of applied science in the workplace. Expenses 409 halloween happenings - sponsorship of halloween costume contest with cash prizes at community wide halloween event in downtown greeneville. Expenses 100

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.9%; rating input score 74
  • Program expense ratio: 48.4%; rating input score 48

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -28.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 3.81; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 34.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -13.6% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -12.5% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 73.9% of revenue deployed · 48.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $48K in reported program spending
  • Leadership: top reported pay $0 · 30 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 — Financial Efficiency: Program expense ratio scored 48/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.