Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Knoxville entrepreneur center was formed for educational and charitable purpose to provide resources and assist entrepreneurs and small business owners in knoxville, tennessee and the surrounding community to transform their business venture ideas and dreams into jobs. it is believed a significant component of the regions's future economic success depends upon the ability to attract, retain, and develop talented individuals with business ideas who will translate into jobs and a stronger tax base.”.

When explaining its purpose, the activities were described as: “Knoxville entrepreneur center serves the knoxville, tennessee and surrounding rural communities by providing individuals a means to transform their business venture ideas and dreams into successful businesses. the success of these businesses provides jobs to individuals in east tennessee. the organization offers inspiration, encouragement and training to local entrepreneurs and small business owners in areas such as strategic planning, organization, sales, marketing and capital formation.”.

• The non-profit is legally allowed to operate in the state of TN, as reported.
• The filing provides the non-profit's address in 2020 as 17 MARKET SQUARE SUITE 201, KNOXVILLE, TN, 37902.
• The non-profit has a total of 0 employees, as reported on their form for 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are between $500,000 and $1,000,000+.
• Revenue is between $500,000 and $1,000,000+.
• Revenue less expenses is -$5,501.
• The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
• The organization has 9 independent voting members.
• The organization was formed in 2012.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization's financial statements were reviewed by an accountant.