Blount Partnership FY2023 filing

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The Blount Partnership is a non-profit corporation committed to bringing increased prosperity to Blount county.

$769K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $316K a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$769K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.2M
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.0M
+29% vs prior year
Spent
$4.8M
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$5.0M
FY2023▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$3.1M
FY2022$3.9M
FY2023$5.0M
FY2024$4.0M
Expenses
$4.8M
FY2023▲ +58%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$2.9M
FY2022$3.0M
FY2023$4.8M
FY2024$3.9M
Net assets
$1.8M
FY2023▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$539K
FY2021$765K
FY2022$1.6M
FY2023$1.8M
FY2024$1.9M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990; $769K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$295,298Pt VII · Sec A
Employee
$126,166Pt VII · Sec A
Employee
$124,760Pt VII · Sec A
$113,884Pt VII · Sec A
$108,707Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Bryan Daniels’s $317K as President/CEO is at the 88th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Bryan Daniels$316,833$295,298$283,945$274,196
Bruce Kerr$134,847$126,166$120,161$110,887
Tammi Ford$129,183$124,760$120,684$112,788
Mary Mitchell$117,512$113,884$107,536$102,009
Jessica Belitz$115,072$108,707$104,089—
Lauren Emert$104,198—$104,101—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Blount Partnership executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Boosts Blount County's prosperity through economic development initiatives.

Questions for Blount Partnership

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Provided by the organization

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1 program · in their own filed words · FY2023
01

The blount partnership is a non-profit corporation committed to bringing increased prosperity to blount county.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $10.7M · 2022–2024
Flex-N-Gate Rockford LLCFY2024$225,000
Arconic LLCFY2023$1,500,000
Smith and Wesson Brands INCFY2022$9,000,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.0M
Ln 12
Fees for servicesLn 2g$3.1M
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$6K
Money outPt IX
$4.8M
Ln 25
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$813K
Total assetsLn 16$4.1M
LiabilitiesLn 26$2.2M
PeoplePt VI, VII
14
listed · VII A
PaidVII A5
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$1.9M
Fees for servicesLn 2g$3.1M
Investment incomeLn 3$6K
Total revenueLn 12$5.0M
Assets in detailPt X, end of year
CashLn 1$813K
Cash and savings togetherLn 1–2$813K
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$4.1M
LiabilitiesLn 26$2.2M
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 532
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$583K$813K
Land, buildings, equipmentLn 10c$1.6M$1.6M
Total assetsLn 16$2.3M$4.1M
LiabilitiesLn 26$666K$2.2M
Net assetsLn 32$1.7M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.5M
Pay of current officers, directors and key staffLn 5$295K
Other salaries and wagesLn 7$1.4M
Other employee benefitsLn 9$546K
Payroll taxesLn 10$125K
Legal feesLn 11b$10K
Accounting feesLn 11c$52K
Lobbying feesLn 11d$7K
Other fees for servicesLn 11g$93K
Advertising and promotionLn 12$268K
OccupancyLn 16$46K
TravelLn 17$45K
InterestLn 20$19K
Depreciation, depletion and amortizationLn 22$123K
Other expenses (24a–d)Ln 24$214K
All other expensesLn 24e$27K
Total functional expensesLn 25$4.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.0M$3.9M$109K$1.9M 990 PDF
FY2023 Viewing $5.0M$4.8M$166K$1.8M 990 PDF
FY2022 $3.9M$3.0M$815K$1.6M 990 PDF
FY2021 $3.1M$2.9M$226K$765K 990 PDF
FY2020 $2.8M$2.5M$266K$539K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $4,967,390 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,812,163$1,926,944
I-9 Program service revenuePrior year $3,045,067$3,090,305
I-10 Investment incomePrior year $26,177$6,108
I-11 Other revenuePrior year −$18,269−$55,967
I-12 Total revenuePrior year $12,865,138$4,967,390
I-13 Grants and similar amounts paidPrior year $9,000,000$1,500,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,299,828$2,397,241
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $708,576$904,124
I-18 Total expensesPrior year $12,008,404$4,801,365
I-19 Revenue less expensesPrior year $856,734$166,025
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $4,967,390 across 9 lines filed
VIII-1d Related organizations$51,600
VIII-1e Government grants$1,875,344
VIII-1h Total contributions, gifts and grants$1,926,944
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,090,305$3,090,305
VIII-3 Investment incomeExcluded from tax $6,108$6,108
VIII-6 Net rental income or lossUnrelated business −$10,966−$10,966
VIII-8 Net income from fundraising eventsExcluded from tax −$45,081−$45,081
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $80$80
VIII-12 Total revenueRelated to mission $3,090,385 · Unrelated business −$10,966 · Excluded from tax −$38,973$4,967,390
Part IX · Statement of functional expenses $4,801,365 across 16 lines filed
IX-1 Grants to domestic organizations$1,500,000
IX-5 Pay of current officers, directors and key staff$295,298
IX-7 Other salaries and wages$1,431,245
IX-9 Other employee benefits$545,911
IX-10 Payroll taxes$124,787
IX-11b Legal fees$10,420
IX-11c Accounting fees$52,182
IX-11d Lobbying fees$6,600
IX-11g Other fees for services$93,353
IX-12 Advertising and promotion$267,560
IX-16 Occupancy$46,307
IX-17 Travel$44,514
IX-20 Interest$18,799
IX-22 Depreciation, depletion and amortization$122,733
IX-24 Other expenses (24a–d)$214,427
IX-24e All other expenses$27,229
IX-25 Total functional expenses$4,801,365
Part X · Balance sheet $4,061,918 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $582,512$813,391
X-4 Accounts receivableStart of year $95,709$1,633,802
X-10c Land, buildings and equipment, netStart of year $1,638,697$1,614,725
X-16 Total assetsStart of year $2,316,918$4,061,918
X-17 Accounts payable and accrued expensesStart of year $71,966$1,669,894
X-19 Deferred revenueStart of year $32,928$66,057
X-25 Other liabilitiesStart of year $24,045$24,435
X-26 Total liabilitiesStart of year $666,158$2,245,133
X-27 Net assets without donor restrictionsStart of year $1,650,760$1,816,785
X-32 Total net assets or fund balancesStart of year $1,650,760$1,816,785
X-33 Total liabilities and net assetsStart of year $2,316,918$4,061,918
Part XI · Reconciliation of net assets $1,816,785 net assets at year end
XI-1 Total revenue$4,967,390
XI-2 Total expenses$4,801,365
XI-3 Revenue less expenses$166,025
XI-4 Net assets at start of year$1,650,760
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,816,785

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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