Sewanee Community Chest EIN 62-0989178

Sewanee Community Chest

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Funds educational, youth, community, and health projects in Sewanee and Franklin County, Tennessee. For fiscal year 2025 it reported $161K in revenue, $140K in expenses, and $308K in net assets.Pt I

Founded
1980
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Sewanee, TN
Website
www.sewaneecivic.org
Filings
6 on file (2020–2025)
Revenue
$161KFY2025
Expenses
$140K
Net assets
$308K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  62-0989178 Public foundation / grantmaker Sewanee, TN Founded 1980
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds educational, youth, community, and health projects in Sewanee and Franklin County, Tennessee.
Leadership
David Michaels · Member-At-Large
Money in and out
$161K revenue, $140K expenses
Bottom line
99% program efficiency
Grants paid & assets · FY2025
Total revenue
$161K
Pt VIII · Ln 12
Total expenses
$140K
Pt IX · Ln 25
Net assets
$308K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs+0.04% vs prior filing year
Operating runway
26.6mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
+13%
revenue over expenses, this year▲ +60% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$161K
FY2025▲ +12%
Expenses
$140K
FY2025▲ +6%
Total assets
$309K
FY2025▲ +11%
Total liabilities
$1K
FY2025
Total revenue
$161K
Pt VIII · Ln 12
Total expenses
$140K
Pt IX · Ln 25
Net assets
$308K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$309K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $139K of program spending, described in the organization's own filed words · FY2025.
01

Provide funding for educational, youth activities, community projects and health services

$139Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSewanee Community Chest
EINHdr · item D62-0989178
Principal addressHdr · item CSewanee, TN
WebsiteHdr · item Jwww.sewaneecivic.org
Year of formationHdr · item L1980
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T700)
Ruling yearIRS BMFApr 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
Member-At-Large
$0Pt VII · Sec A
Member-At-Large
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$137K · 85%
Investment income$25K · 15%
Contributions & grants85%$137K
Investment income15%$25K
Total revenueLn 12$161K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$139K
Management & general1%$906
Total functional expensesLn 25$140K

Balance Sheet

Part X · end of year
CashLn 1$90K
Total assetsLn 16$309K
Total liabilitiesLn 26$1K
Total net assetsLn 32$308K
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $309K · Operating expenses/yr $140K
26.6 months
Where the money goes
Program services
Program services $139K · Total expenses $140K
99%
Management & General
Management & general $906 · Total expenses $140K
0.6%
Fundraising
Fundraising $0 · Total expenses $140K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $127K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $137K · Total revenue $161K
85%
Government reliance
Government grants — · Total revenue $161K
Earned-income share
Program service revenue $0 · Total revenue $161K
0%
Investment reliance
Investment income $25K · Total revenue $161K
+15%
Program self-sufficiency
Program service revenue $0 · Total expenses $140K
0%
Growth & trend
Revenue growth (YoY)
This year $161K · Prior year $145K
+12%
Revenue CAGR
FY2020 $127K · FY2025 $161K
+5%
Net-asset trend (YoY)
End of year $308K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $161K · Expenses $140K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $309K
Net-asset ratio
Net assets $308K · Total assets $309K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $219K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $309K
71%
People & payroll
Highest Reported Total Compensation
Individual David Michaels · Reported title MEMBER-AT-LARGE · Highest reported compensation $0 · Total expenses $140K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $140K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.6%
Revenue growth 12%

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 · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 11 grants · $154K · 2024–2025
Sewanee Parent OrganizationTN · FY2025$27,088
Sewanee Senior Citizens INCTN · FY2025$14,000
Sewanee Childrens CenterTN · FY2025$12,000
Housing Sewanee IncorporatedTN · FY2025$11,000
Sewanee Parent OrganizationTN · FY2024$26,400
Sewanee Senior Citizens INCTN · FY2024$14,000
Housing Sewanee IncorporatedTN · FY2024$12,000
Sewanee Childrens CenterTN · FY2024$12,000

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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
FY2025 (Latest)$161K revenue · viewing · ⤓ 990 PDF
FY2024$145K revenue · ⤓ 990 PDF
FY2023$123K revenue · ⤓ 990 PDF
FY2022$107K revenue · ⤓ 990 PDF
FY2021$162K revenue · ⤓ 990 PDF
FY2020$127K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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