Young Professionals of Knoxville
Nonprofit profile at a glance
- EIN
- 205976127
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Knoxville, TN, USA
- Phone
- 8652302059
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $53,262
- Expenses
- $53,945
- Assets
- $12,533
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- BRIANA ALVOID-PRESTON (PRESIDENT)
- TRAVIS WILLIAMS (VICE PRESIDENT)
- CAITLIN BOLDEN (PAST PRESIDENT)
People named in this filing
- BRIANA ALVOID-PRESTON (PRESIDENT)
- ALEC BISSELL (TREASURER)
- TRAVIS WILLIAMS (VICE PRESIDENT)
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
Young Professionals of Knoxville is a membership-driven organization with a mission to inspire Knoxville's young professionals to connect, develop and serve to build leaders and improve our community. Key objectives include: making Knoxville the most desirable city for young professionals to live, work and play; connecting young professionals to peers; providing opportunities for social and business networking; developing young professionals as business and community leaders; educating young professionals about Knoxville and cultivating personal and professional skills; serving philanthropic causes in the community as an organization; engaging young professionals in volunteer and community outreach projects and providing opportunities to give back; connecting young professionals to Knoxville's influential business and community leaders; providing social settings for young professionals to interact.
What it reported doing in 2024
IMPACT AWARDS Young Professionals of Knoxville's annual Impact Awards honors local organizations and individuals who are impacting young professionals in all aspects of our community and provide an opportunity to recognize leaders in the Knoxville community, network with other professionals. The 2024 Impact Awards included a formal dinner and program with 75 attendees, recognized over 30 different award nominees (including 9 businesses and community organizations) selected by committee, and recognized 9 award recipients (6 individual, 3 business/organization) selected by vote of general membership. The reported amount includes $197 in insurance (for event) and $719 for awards.
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 92% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 82
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.3%; rating input score 74
- Program expense ratio: 73.4%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.3%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 74.3% of revenue deployed · 73.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $40K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.