Tense Summit

Nonprofit profile at a glance

EIN
813475612
IRS 990-EZ coverage
2016–2018
Forms available
Form 990-EZ 2018, Form 990-N 2016
Location
Knoxville, TN, USA
Phone
8656893702
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Reported finances

Revenue
$4,806
Expenses
$5,383
Assets
$2,783
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Deidra Harper (Vice President)

People named in this filing

  • Anthony Donaldson (Presidents)
  • Deidra Harper (Vice President)
  • Brittany Anthony (Secretary)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

It is the mission, duty and purpose of TENSE Summit to empowering young leaders to create positive growth in their communities by spreading knowledge and ideas through education, music and style. Our vision is that by providing this knowledge that young leaders will be inspired to advocate for and support under served communities. If we see a path to break a cycle that is represented in negative stereotypes in our community, it is our duty to share the path to break out of the cycle. We believe that education or knowledge combined with action is the catalyst to change a community for the better economically, socially, and culturally.

What it reported doing in 2018

TENSE Attendance 2018: Total TENSE student attendees- 171 Post TENSE Summit (Annual Conference) Surveys: More than 80% of students stated TENSE improved their ability to communicate and network. More than 90% of students stated TENSE inspired them to learn more about finance. More than 90% of students stated TENSE encouraged them to work in groups to achieve common goals. More than 90% of students stated TENSE introduced them to new people.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 40% for direct work, and 60% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.6%; rating input score 70
  • Program expense ratio: 62.1%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -12%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.52; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 129.2% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -7.4% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 68% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 69.6% of revenue deployed · 62.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2016 to 2018
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.