The Chattery EIN 47-3709953

The Chattery

EIN  47-3709953 Public charity (501(c)(3)) Chattanooga, TN
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Size
$100K–1M
What they do
Offers fun, affordable adult education classes and events in Chattanooga, TN.
Leadership
Jennifer Holder · Operations Director · $54K
Money in and out
$355K revenue, $279K expenses
Bottom line
86% program efficiency

Offers fun, affordable adult education classes and events in Chattanooga, TN. For fiscal year 2024 it reported $355K in revenue, $279K in expenses, and $74K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$355K
Pt VIII · Ln 12
Total expenses
$279K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $76K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.08 Fundraising $0.06
Program efficiency
86%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate▲ +371% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ +289% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$355K
FY2024▲ +24%
Expenses
$279K
FY2024▲ +3%
Total assets
$77K
FY2024▲ +401%
Total liabilities
$3K
FY2024▼ -85%
Total revenue
$355K
Pt VIII · Ln 12
Total expenses
$279K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$76K
Total assetsPt X · Ln 16$77K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $219K of program spending, described in the organization's own filed words · FY2024.
01

Classes and events for adults on arts and crafts personal and professional development health and wellness and food and beverage. In 2024 The Chattery held 446 classes with 4,134 students. As part of our classes and events we offered 45 free and low cost classes to older adults 60+ and sold recorded classes online as well.

$217Kprogram expense
02

The Great Adult Egg Hunt a yearly celebration that combines the arts community collaboration and of course education. Through a creative partnership local artists will create one-of-a-kind works of art on an evergreen wooden egg and adult participants will search for the eggs at Sculpture Fields.

$2Kprogram expense
03

The Chattery offers gift cards for classes. These are purchased by individuals and businesses as an employee or program incentive. This contributes to our program income as they are used later to redeem for classes.

$335program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Chattery
EINHdr · item D47-3709953
Principal addressHdr · item CChattanooga, TN
WebsiteHdr · item Jwww.thechattery.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S99)
Ruling yearIRS BMFApr 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Operations Director
$53,916Pt VII · Sec A
Executive Director
$53,916Pt VII · Sec A
$300Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Shawanda Mason’s $54K as Executive Director is at the 32nd percentile of top reported officer pay among 1711 $100K–1M 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Shawanda Mason$53,916$45,000$45,000$45,000
Jennifer Holder$53,916$45,000$45,000$45,000
Sarah Marquez Berestecky$1,500
Natalie Blanton$300
Dory Cooper$162

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.

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Statement of Revenue

Part VIII
Contributions & grants$212K · 60%
Program service revenue$116K · 33%
Other revenue$27K · 8%
Contributions & grants60%$212K
Program service revenue33%$116K
Other revenue8%$27K
Total revenueLn 12$355K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.08 Fundraising $0.06
Program services86%$238K
Management & general8%$22K
Fundraising6%$18K
Total functional expensesLn 25$279K

Balance Sheet

Part X · end of year
CashLn 1$77K
Total assetsLn 16$77K
Total liabilitiesLn 26$3K
Total net assetsLn 32$74K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $77K · Operating expenses/yr $279K
3.3 months
Where the money goes
Program services
Program services $238K · Total expenses $279K
86%
Management & General
Management & general $22K · Total expenses $279K
8%
Fundraising
Fundraising $18K · Total expenses $279K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $170K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $212K · Total revenue $355K
60%
Government reliance
Government grants $0 · Total revenue $355K
0%
Earned-income share
Program service revenue $116K · Total revenue $355K
33%
Investment reliance
Investment income $0 · Total revenue $355K
0%
Program self-sufficiency
Program service revenue $116K · Total expenses $279K
42%
Growth & trend
Revenue growth (YoY)
This year $355K · Prior year $286K
+24%
Net-asset trend (YoY)
End of year $74K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $355K · Expenses $279K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $77K
Net-asset ratio
Net assets $74K · Total assets $77K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $77K
0%
People & payroll
Highest Reported Total Compensation
Individual Shawanda Mason · Reported title Executive Director · Highest reported compensation $54K · Total expenses $279K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $116K · Total expenses $279K
42%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 8%
Fundraising cost ratio 8%
Revenue growth 24%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$355K revenue · viewing · ⤓ 990 PDF
FY2023$286K revenue · ⤓ 990 PDF
FY2022$257K revenue · ⤓ 990 PDF
FY2021$170K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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