Connects community resources, funding, and tutors to Metro Nashville Public Schools to support student academic growth, high-impact literacy tutoring, and school facility improvements.
Connects community resources, funding, and tutors to Metro Nashville Public Schools to support student academic growth, high-impact literacy tutoring, and school facility improvements.
For fiscal year 2024 it reported $7.7M in revenue, $6.6M in expenses, and $4.2M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$7.7M
Pt VIII · Ln 12
Total expenses
$6.6M
Pt IX · Ln 25
Net assets
$4.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.1M
Where spending went · Part IX cols B–D
90%
Program services $0.90 Management & general $0.02 Fundraising $0.08
Program efficiency
90%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
20.7mo
months of highly liquid reserves at operating expense rate▲ +360% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ ×21 vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$7.7M
FY2024▼ -39%
$12.6M$6.3M$0
FY2021FY2024
Expenses
$6.6M
FY2024▼ -48%
$12.7M$6.4M$0
FY2021FY2024
Total assets
$9.0M
FY2024▲ +7%
$9.0M$4.5M$0
FY2021FY2024
Total liabilities
$4.8M
FY2024▼ -12%
$5.5M$2.7M$0
FY2021FY2024
Total revenue
$7.7M
Pt VIII · Ln 12
Total expenses
$6.6M
Pt IX · Ln 25
Net assets
$4.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.1M
Total assetsPt X · Ln 16$9.0M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 353
Independent voting membersPt I · Ln 453
Mission & Programs · Part III
Where the work happens
3 program services account for $5.9M of program spending, described in the organization's own filed words · FY2024.
01
The DG pencil box exists to remove barriers to learning for metro students by ensuring classrooms are stocked with necessary supplies and so educators don't have to spend their own funds on supplies. Through generous donations, the box is stocked with pencils, pens, notebooks, crayons, scissors, books, backpacks and more.
$3.3Mprogram expense
02
Grants to MNPS pencil continued to be a grantmaking partner to MNPS by passing through significant funds to support high-impact literacy tutoring and its focus on student academic growth. In FY25, pencil-managed tutors provided 1,600+ students in grades k-3 with reading support.
$1.7Mprogram expense
03
Pencil partners are businesses and organizations committed to student success through organized, coordinated activities that match the attributes of each partner with the specific needs of each school.
Christiane Buggs’s $155K as President/CEO
is at the 67th percentile of top reported officer pay among 3393 $1–10M education 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
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.
Individual Christiane Buggs · Reported title PRESIDENT/CEO · Highest reported compensation $155K · Total expenses $6.6M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.7M · Total expenses $6.6M
42%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
90%
—
—
Overhead ratio
2%
—
—
Fundraising cost ratio
7%
—
—
Revenue growth
-39%
—
—
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.
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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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