The Chattery FY2022 filing

Chattanooga, TN · Public charity (501(c)(3)) · Community Development

✓ Tax-deductible Latest data FY2022
Revenue
$257K
▲ +51% vs prior year
Spent
$286K
To programs
92%
Net assets
$-18K
By yearFY2021–FY2024
Revenue
$257K
FY2022▲ +51%
Revenue by fiscal year
FY2021$170K
FY2022$257K
FY2023$286K
FY2024$355K
Expenses
$286K
FY2022
Expenses by fiscal year
FY2021Not on file
FY2022$286K
FY2023$271K
FY2024$279K
Net assets
$-18K
FY2022▼ -264%
Net assets by fiscal year
FY2021$11K
FY2022$-18K
FY2023$-2K
FY2024$74K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Lillian L Colby Charitable Foundation
$15K in the latest grant year.
Spent on programs?
92% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +51% vs prior year
Legal name (IRS)Hdr · item CThe Chattery
EINHdr · item D47-3709953
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2015
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CChattanooga, TN
NTEE classificationIRS BMFCommunity Development (S99)
WebsiteHdr · item Jwww.thechattery.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.04 Fundraising $0.04
Program services92%$263K
Management & general4%$12K
Fundraising4%$10K
Total functional expensesLn 25$286K

Financial health

Program efficiency
92%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$11K
FY2022
Total assets by fiscal year
FY2021Not on file
FY2022$11K
FY2023$15K
FY2024$77K
Total liabilities
$29K
FY2022
Total liabilities by fiscal year
FY2021Not on file
FY2022$29K
FY2023$17K
FY2024$3K
Revenue less expensesPt I · Ln 19−$29K
Total assetsPt X · Ln 16$11K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$11K
Total assetsLn 16$11K
Total liabilitiesLn 26$29K
Total net assetsLn 32$-18K
Months of cash on handcomputed0.4

Statement of Revenue

Part VIII
Contributions & grants$155K · 60%
Program service revenue$91K · 36%
Other revenue$10K · 4%
Contributions & grants60%$155K
Program service revenue36%$91K
Other revenue4%$10K
Total revenueLn 12$257K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11K · Operating expenses/yr $286K
0.4 months
Where the money goes
Program services
Program services $263K · Total expenses $286K
92%
Management & General
Management & general $12K · Total expenses $286K
4%
Fundraising
Fundraising $10K · Total expenses $286K
4%
Cost to raise $1
Fundraising expense $10K · Solicited contributions $155K
$0.07 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $155K · Total revenue $257K
60%
Government reliance
Government grants $0 · Total revenue $257K
0%
Earned-income share
Program service revenue $91K · Total revenue $257K
36%
Investment reliance
Investment income $0 · Total revenue $257K
0%
Program self-sufficiency
Program service revenue $91K · Total expenses $286K
32%
Growth & trend
Revenue growth (YoY)
This year $257K · Prior year $170K
+51%
Net-asset trend (YoY)
End of year $-18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $257K · Expenses $286K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $11K
—
Net-asset ratio
Net assets $-18K · Total assets $11K
-168%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $11K
0%
People & payroll
Highest Reported Total Compensation
Individual Shawanda Mason · Reported title Creative Director · Highest reported compensation $45K · Total expenses $286K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $115K · Total expenses $286K
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 4%——
Fundraising cost ratio 7%——
Revenue growth 51%——
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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Creative Director
$45,000Pt VII · Sec A
Operations Director
$45,000Pt VII · Sec A
Creative Director
$45,000Pt VII · Sec A
Operations Director
$45,000Pt VII · Sec A
$1,500Pt VII · Sec A
$1,500Pt VII · Sec A
President of the Board
$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 1709 $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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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

Mission and programs

Offers fun, affordable adult education classes and events in Chattanooga, TN.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

4 program services account for $465K of program spending, described in the organization's own filed words · FY2022.
01

Classes and events for adults on arts and crafts personal and professional development health and wellness and food and beverage. In 2022 The Chattery held 225 in-person classes and 37 online classes with 3.360 students.

$231Kprogram expense
02

Classes and events for adults on arts and crafts personal and professional development health and wellness and food and beverage. In 2022 The Chattery held 225 in-person classes and 37 online classes with 3.360 students.

$231Kprogram expense
03

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.

$1Kprogram expense
04

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.

$1Kprogram expense

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Funders

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

Grants

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

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $355K$279K+24% 990 PDF
FY2023 $286K$271K+11% 990 PDF
FY2022 Viewing $257K$286K+51% 990 PDF
FY2021 $170K— 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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