Tenn-Share FY2024 filing

Tax-deductible

Alcoa, TN501(c)(3)EducationEIN 62-1581078

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Tenn-Share is a member-driven organization serving tennessee libraries by providing cost effective resources and services that help them better serve their communities. Tenn-Share helps libraries save money on databases and ebooks, Share resources using the courier system, and learn best practies at events.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$70K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $3K a year · under 1% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$70K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$728K
79% of total assets
Worth a look: liabilities are 79% of assets; over 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+18% vs prior year
Spent
$2.3M
To programs
99%
Net assets
$194K
By yearFY2021–FY2025
Revenue
$2.3M
FY2024▲ +18%
Revenue by fiscal year
FY2021$1.7M
FY2022$1.8M
FY2023$1.9M
FY2024$2.3M
FY2025$2.2M
Expenses
$2.3M
FY2024▲ +19%
Expenses by fiscal year
FY2021$1.7M
FY2022$1.9M
FY2023$1.9M
FY2024$2.3M
FY2025$2.2M
Net assets
$194K
FY2024▲ +5%
Net assets by fiscal year
FY2021$183K
FY2022$175K
FY2023$185K
FY2024$194K
FY2025$198K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2004.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $2.2M Management & general 1% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $70K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$69,680Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Ari Baker’s $70K as Executive Director is at the 13th percentile of top reported officer pay among 3395 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Ari Baker$69,680$68,340$44,667

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 Tenn-Share 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 15aYes

Programs and updates

Provides Tennessee libraries with shared resources, cost-saving databases, and training to better serve communities.

Provided by the organization

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3 program services account for $2.2M of program spending, described in the organization's own filed words · FY2023.
01

Tenn-share saves memebers 5-95% off of retail price on database subscriptions by negotiating group rates, and assesses administrative fees to process invoices and payments.

$1.8Mprogram expense
02

Through tenn-share, member libraries provide inter-library loan services more affordably with state-wide courier service. This service allows member libraries to move requested library materials more easily across the state to other member libraries.

$459Kprogram expense
03

Tenn-share sponsors an annual two day conference that includes demonstrations of the latest electronic databases and tools by vendors, and addresses and workshops by state and national library experts.

$1Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$2.2M
Gifts and grantsLn 1h$74K
Investment incomeLn 3$8K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.2M
Managementcol C$32K
Owns and owesPt X
$194K
net assets · Ln 32
Cash and savingsLn 1–2$257K
Total assetsLn 16$922K
LiabilitiesLn 26$728K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$74K
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$8K
Other incomeLn 4–11$968
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$131K
SavingsLn 2$127K
Cash and savings togetherLn 1–2$257K
Total assetsLn 16$922K
LiabilitiesLn 26$728K
Net assetsLn 32$194K
OperationsPt I, VI
EmployeesI 51
VolunteersI 635
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$495K$257K
Total assetsLn 16$1.2M$922K
LiabilitiesLn 26$1.0M$728K
Net assetsLn 32$185K$194K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$70K$52K$17K
Payroll taxesLn 10$5K$4K$1K
Accounting feesLn 11c$8K$6K$2K
Other fees for servicesLn 11g$23K$17K$6K
Office expensesLn 13$680$427$253
Information technologyLn 14$12K$9K$3K
TravelLn 17$3K$2K$261
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$2.1M$2.1M$142
All other expensesLn 24e$2K$1K$592
Total functional expensesLn 25$2.3M$2.2M$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.2M$2.2M$4K$198K 990 PDF
FY2024 Viewing $2.3M$2.3M$9K$194K 990 PDF
FY2023 $1.9M$1.9M$10K$185K 990 PDF
FY2022 $1.8M$1.9M−$8K$175K 990 PDF
FY2021 $1.7M$1.7M$2K$183K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $2,261,444 across 6 lines filed
VIII-1b Membership dues$73,555
VIII-1h Total contributions, gifts and grants$73,555
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,178,977$2,178,977
VIII-3 Investment incomeRelated to mission $7,944$7,944
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $968$968
VIII-12 Total revenueRelated to mission $2,187,889 · Unrelated business $0 · Excluded from tax $0$2,261,444
Part IX · Statement of functional expenses $2,252,732 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $52,260 · Management $17,420$69,680
IX-10 Payroll taxesPrograms $3,998 · Management $1,333$5,331
IX-11c Accounting feesPrograms $5,882 · Management $1,963$7,845
IX-11g Other fees for servicesPrograms $17,329 · Management $5,776$23,105
IX-13 Office expensesPrograms $427 · Management $253$680
IX-14 Information technologyPrograms $9,153 · Management $3,051$12,204
IX-17 TravelPrograms $2,351 · Management $261$2,612
IX-23 InsuranceManagement $1,260$1,260
IX-24 Other expenses (24a–d)Programs $2,128,277 · Management $142$2,128,419
IX-24e All other expensesPrograms $1,004 · Management $592$1,596
IX-25 Total functional expensesPrograms $2,220,681 · Management $32,051 · Fundraising $0$2,252,732
Part X · Balance sheet $921,958 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $373,471$130,620
X-2 Savings and temporary cash investmentsStart of year $121,459$126,786
X-4 Accounts receivableStart of year $71,143$81,071
X-9 Prepaid expenses and deferred chargesStart of year $637,522$583,481
X-16 Total assetsStart of year $1,203,595$921,958
X-17 Accounts payable and accrued expensesStart of year $295,584$227,605
X-19 Deferred revenueStart of year $573,854$500,538
X-26 Total liabilitiesStart of year $1,018,492$728,143
X-27 Net assets without donor restrictionsStart of year $185,103$193,815
X-32 Total net assets or fund balancesStart of year $185,103$193,815
X-33 Total liabilities and net assetsStart of year $1,203,595$921,958
Part XI · Reconciliation of net assets $193,815 net assets at year end
XI-1 Total revenue$2,261,444
XI-2 Total expenses$2,252,732
XI-3 Revenue less expenses$8,712
XI-4 Net assets at start of year$185,103
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$193,815

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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