Nashville Technology Council

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Leading voice & advocate for middle tn's information Technology ecosystem & tech professionals.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 37 volunteers and 10 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $109K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$594K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$314K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
37
of 37 voting members
Looks good: 37 of 37 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+27% vs prior year
Spent
$2.1M
Net assets
$476K
By yearFY2020–FY2024
Revenue
$2.2M
FY2024▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.4M
FY2023$1.7M
FY2024$2.2M
Expenses
$2.1M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.6M
FY2023$2.0M
FY2024$2.1M
Net assets
$476K
FY2024▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$921K
FY2021$931K
FY2022$689K
FY2023$406K
FY2024$476K

From the FY2024 Form 990 · 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: FY2024. IRS ruling in Jan 2001.

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

Who runs it and what they're paid

40 people listed on the 990; $594K paid to officers and key staff.

Part VII, Section A · reportable compensation
$274,968Pt VII · Sec A
$169,938Pt VII · Sec A
$148,625Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Elise Cambournac End 1224’s $275K as President & CEO is at the 82nd percentile of top reported officer pay among 2832 $1–10M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elise Cambournac—$281,565———
Elise Cambournac End 1224$274,968————
Brian Moyer————$248,038
Elise Cambournac Start 41822——$184,564——
Sandi Hoff$169,938$181,996$72,237$41,450$130,871
Brian Moyer End 42922———$162,015—
Alex Curtis$148,625$158,338———
Brian Moyer 1122-41822——$95,506——

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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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

Advocates for Middle Tennessee's technology ecosystem by growing and diversifying the local tech workforce through education, training, and youth digital skills programs.

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Provided by the organization

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2 programs · in their own filed words · FY2024
01

We believe connection is essential to growth. By facilitating educational and networking events, celebrations, and opportunities to give back, we cultivate a collaborative community that enjoys sharing, learning, and giving together.

Pt IX · col B
02

Tech Talent Programs

NTC'S tech talent programs are designed to grow and diversify the region's technology workforce. Through education, training, and community partnerships, the programs connect students, career changers, and underrepresented groups with pathways into high-demand tech careers.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Fees for servicesLn 2g$1.4M
Other incomeLn 4–11$452K
Gifts and grantsLn 1h$380K
Money outPt IX
$2.1M
Ln 25
Owns and owesPt X
$476K
net assets · Ln 32
Cash and savingsLn 1–2$99K
Total assetsLn 16$790K
LiabilitiesLn 26$314K
PeoplePt VI, VII
40
listed · VII A
PaidVII A3
Voting boardVI 1a37
IndependentVI 1b37
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$380K
Fees for servicesLn 2g$1.4M
Other incomeLn 4–11$452K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$99K
Cash and savings togetherLn 1–2$99K
Land, buildings, equipmentLn 10c$339K
Total assetsLn 16$790K
LiabilitiesLn 26$314K
Net assetsLn 32$476K
OperationsPt I, VI
EmployeesI 510
VolunteersI 637
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$155K$99K
Land, buildings, equipmentLn 10c$365K$339K
Total assetsLn 16$520K$790K
LiabilitiesLn 26$115K$314K
Net assetsLn 32$406K$476K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$459K
Other salaries and wagesLn 7$474K
Pension plan contributionsLn 8$11K
Other employee benefitsLn 9$59K
Payroll taxesLn 10$63K
Accounting feesLn 11c$23K
Lobbying feesLn 11d$12K
Other fees for servicesLn 11g$89K
Advertising and promotionLn 12$29K
Office expensesLn 13$37K
Information technologyLn 14$45K
OccupancyLn 16$206K
TravelLn 17$15K
Conferences, conventions and meetingsLn 19$2K
InterestLn 20$2K
Depreciation, depletion and amortizationLn 22$26K
InsuranceLn 23$13K
Other expenses (24a–d)Ln 24$487K
All other expensesLn 24e$62K
Total functional expensesLn 25$2.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.2M$2.1M$78K$476K 990 PDF
FY2023 $1.7M$2.0M−$292K$406K 990 PDF
FY2022 $1.4M$1.6M−$242K$689K 990 PDF
FY2021 $1.2M$1.2M$10K$931K 990 PDF
FY2020 $1.1M$1.2M−$100K$921K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,193,975 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $132,500$380,199
I-9 Program service revenuePrior year $1,544,475$1,361,690
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $50,000$452,086
I-12 Total revenuePrior year $1,726,975$2,193,975
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,124,468$1,066,875
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $894,995$1,049,146
I-18 Total expensesPrior year $2,019,463$2,116,021
I-19 Revenue less expensesPrior year −$292,488$77,954
Part VI · Governance 37 of 37 board members independent, 1 to look at
VI-1a Voting members of the governing body37
VI-1b Independent voting members37
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,193,975 across 6 lines filed
VIII-1f All other contributions, gifts and grants$380,199
VIII-1h Total contributions, gifts and grants$380,199
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,361,690$1,361,690
VIII-6 Net rental income or lossRelated to mission $135,098$135,098
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $316,988$316,988
VIII-12 Total revenueRelated to mission $1,813,776 · Unrelated business $0 · Excluded from tax $0$2,193,975
Part IX · Statement of functional expenses $2,116,021 across 19 lines filed
IX-5 Pay of current officers, directors and key staff$459,374
IX-7 Other salaries and wages$474,107
IX-8 Pension plan contributions$11,216
IX-9 Other employee benefits$58,695
IX-10 Payroll taxes$63,483
IX-11c Accounting fees$23,140
IX-11d Lobbying fees$12,150
IX-11g Other fees for services$89,350
IX-12 Advertising and promotion$28,914
IX-13 Office expenses$36,552
IX-14 Information technology$44,677
IX-16 Occupancy$205,873
IX-17 Travel$15,350
IX-19 Conferences, conventions and meetings$1,871
IX-20 Interest$2,467
IX-22 Depreciation, depletion and amortization$26,159
IX-23 Insurance$13,399
IX-24 Other expenses (24a–d)$487,138
IX-24e All other expenses$62,106
IX-25 Total functional expenses$2,116,021
Part X · Balance sheet $790,075 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $155,116$98,918
X-4 Accounts receivable$256,315
X-9 Prepaid expenses and deferred charges$95,775
X-10c Land, buildings and equipment, netStart of year $365,226$339,067
X-16 Total assetsStart of year $520,342$790,075
X-17 Accounts payable and accrued expensesStart of year $26,572$27,273
X-19 Deferred revenue$203,698
X-25 Other liabilitiesStart of year $593$593
X-26 Total liabilitiesStart of year $114,744$314,005
X-27 Net assets without donor restrictionsStart of year $405,023$475,495
X-28 Net assets with donor restrictionsStart of year $575$575
X-32 Total net assets or fund balancesStart of year $405,598$476,070
X-33 Total liabilities and net assetsStart of year $520,342$790,075
Part XI · Reconciliation of net assets $476,070 net assets at year end
XI-1 Total revenue$2,193,975
XI-2 Total expenses$2,116,021
XI-3 Revenue less expenses$77,954
XI-4 Net assets at start of year$405,598
XI-8 Prior period adjustments−$7,482
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$476,070

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

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