Properties Trust

Nonprofit profile at a glance

EIN
856300065
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Nashville, TN, USA
Phone
6158508914
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$291,275
Expenses
$758,888
Assets
$28,137,971
Liabilities
$5,000,000

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • HARRY HILL MCALISTER V (CHAIR AND TRUSTEE)
  • GREG CASHION (TRUSTEE)
  • CRAIG BECKER (TRUSTEE)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The properties trust under agreement dated june 12, 2020 (the 'properties trust') is a Tennessee charitable trust whose purpose is to support the activities, purposes, and mission of the middle Tennessee council, inc., boy scouts of america ('mtc'), a Tennessee nonprofit public benefit corporation exempt from federal income taxation under section 501(c)(3) of the code that has been in existence for nearly 90 years. Further, the properties trust has been established to be a supporting organization within the meaning of secton 509(a)(3) of the code (a 'supporting organization') and, more specifically, a type i supporting organization under section 509(a)(3)(b)(i) of the code (a 'type i supporting organization') with respect to mtc.

What it reported doing in 2025

The properties trust under agreement dated june 12, 2020 (the 'properties trust') is a Tennessee charitable trust whose purpose is to support the activities, purposes, and mission of the middle Tennessee council, inc., boy scouts of america ('mtc'), a Tennessee nonprofit public benefit corporation exempt from federal income taxation under section 501(c)(3) of the code that has been in existence for nearly ninety years. Further, the properties trust has been established to be a supporting organization within the meaning of secton 509(a)(3) of the code (a 'supporting organization') and, more specifically, a type i supporting organization under section 509(a)(3)(b)(i) of the code (a 'type i supporting organization') with respect to mtc.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 92
  • Accountability: 94
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.9%; rating input score 90
  • Fundraising efficiency: $15.27 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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; 64th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -160.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 37.08; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $683K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Highest-paid contractors: 5 contractors listed · $8.4M reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Sustainability: Operating margin scored 1/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.