Mentoring the next generation of business leaders for the good of their associates, their company, and their entire community.

501(c)(3) charity; gifts are tax-deductible.
50¢ of each $1 spent went to programs.
$86K 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

FY2023 · 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 $25K a year · 13% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
50%
of spending
Concern: 50% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $132K in investments, Pt X · Ln 11–13
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $45K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$160K
-9% vs prior year
Spent
$201K
To programs
50%
Net assets
$170K
By yearFY2021–FY2025
Revenue
$160K
FY2023▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2021$104K
FY2022$176K
FY2023$160K
FY2024$207K
FY2025$341K
Expenses
$201K
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2021$68K
FY2022$164K
FY2023$201K
FY2024$161K
FY2025$266K
Net assets
$170K
FY2023▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2021$209K
FY2022$187K
FY2023$170K
FY2024$227K
FY2025$312K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2020.

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

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $100K Management & general 50% · $101K

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

3 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$82,783Pt VII · Sec A
$3,659Pt VII · Sec A
Officer/Board Member
$0Pt VII · Sec A

Rodger Piersant’s $90K as President is at the 78th percentile of top reported officer pay among 1613 $100K–1M 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Rodger Piersant$90,033$69,783$82,783$46,783$15,000
Jennifer Sheffield$6,440$3,061$3,659$7,950$3,430

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 Brock Center 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 15aNo

Programs and updates

Develops future business leaders to benefit their colleagues, companies, and communities.

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Provided by the organization

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1 program · $100K · in their own filed words · FY2022
01

10 project - includes 10 leaders training and mentoring 10 partcipants for 10 MONTHS.THE brock academy - includes 10 leaders training and mentoring 10 first-time supervisors in basic leadership principles for 10 months.

$100Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Hamico INCFY2023$20K
Total grants receivedfrom 3 funders$45K
See all 3 funders →
Grants paid · 1 grant · $14K · 2024–2024
The Generosity TrustTN · FY2024$13,900

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$160K
Ln 12
Fees for servicesLn 2g$179K
Investment incomeLn 3$4K
Money outPt IX
$201K
Ln 25
Programscol B$100K
Managementcol C$101K
Owns and owesPt X
$170K
net assets · Ln 32
Cash and savingsLn 1–2$45K
Total assetsLn 16$177K
LiabilitiesLn 26$7K
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$179K
Investment incomeLn 3$4K
Gains on assetsLn 7−$22K
Total revenueLn 12$160K
Assets in detailPt X, end of year
CashLn 1$45K
Cash and savings togetherLn 1–2$45K
InvestmentsLn 11–13$132K
Total assetsLn 16$177K
LiabilitiesLn 26$7K
Net assetsLn 32$170K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$13K$45K
InvestmentsLn 11–13$164K$132K
Total assetsLn 16$187K$177K
LiabilitiesLn 26$491$7K
Net assetsLn 32$187K$170K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Pay of current officers, directors and key staffLn 5$83K$83K
Other salaries and wagesLn 7$49K$46K$4K
Payroll taxesLn 10$5K$5K
Management feesLn 11a$28K$28K
Office expensesLn 13$9K$4K$5K
OccupancyLn 16$9K$9K$461
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$5K$2K$4K
Total functional expensesLn 25$201K$100K$101K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $341K$266K$75K$312K 990 PDF
FY2024 $207K$161K$45K$227K 990 PDF
FY2023 Viewing $160K$201K−$41K$170K 990 PDF
FY2022 $176K$164K$12K$187K 990 PDF
FY2021 $104K$68K$36K$209K 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 O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $159,954 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $168,900$178,620
I-10 Investment incomePrior year $7,334−$18,666
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $176,234$159,954
I-13 Grants and similar amounts paidPrior year $6,500$5,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $104,341$136,994
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $53,549$58,934
I-18 Total expensesPrior year $164,390$200,928
I-19 Revenue less expensesPrior year $11,844−$40,974
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $159,954 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $178,620$178,620
VIII-3 Investment incomeRelated to mission $3,739$3,739
VIII-7 Net gain or loss on sales of assetsRelated to mission −$22,405−$22,405
VIII-12 Total revenueRelated to mission $159,954 · Unrelated business $0 · Excluded from tax $0$159,954
Part IX · Statement of functional expenses $200,928 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $5,000$5,000
IX-5 Pay of current officers, directors and key staffManagement $82,783$82,783
IX-7 Other salaries and wagesPrograms $45,500 · Management $3,659$49,159
IX-10 Payroll taxesManagement $5,052$5,052
IX-11a Management feesPrograms $28,500$28,500
IX-13 Office expensesPrograms $3,865 · Management $5,000$8,865
IX-16 OccupancyPrograms $9,004 · Management $461$9,465
IX-23 InsurancePrograms $6,616$6,616
IX-24 Other expenses (24a–d)Programs $1,599 · Management $3,889$5,488
IX-25 Total functional expensesPrograms $100,084 · Management $100,844 · Fundraising $0$200,928
Part X · Balance sheet $177,126 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $13,406$45,469
X-4 Accounts receivableStart of year $9,425$0
X-12 Other securitiesStart of year $164,273$131,657
X-16 Total assetsStart of year $187,104$177,126
X-17 Accounts payable and accrued expensesStart of year $491$6,954
X-26 Total liabilitiesStart of year $491$6,954
X-27 Net assets without donor restrictionsStart of year $186,613$170,172
X-32 Total net assets or fund balancesStart of year $186,613$170,172
X-33 Total liabilities and net assetsStart of year $187,104$177,126
Part XI · Reconciliation of net assets $170,172 net assets at year end
XI-1 Total revenue$159,954
XI-2 Total expenses$200,928
XI-3 Revenue less expenses−$40,974
XI-4 Net assets at start of year$186,613
XI-5 Net unrealized gains (losses) on investments$24,533
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$170,172

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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