Tennessee Advanced Energy Business Council
EIN: 371703200 · Knoxville, TN · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $378K |
| Total Expenses | $349K |
| Net Assets | $72K |
Is Tennessee Advanced Energy Business Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tennessee Advanced Energy Business Council
Tennessee Advanced Energy Business Council (EIN: 371703200) is a nonprofit organization based in Knoxville, TN, classified under NTEE code C35. The organization reported total revenue of $378K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Advanced Energy Business Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Advanced Energy Business Council is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $349K |
| Surplus / Deficit | $-38,128 |
| Total Assets | $72K |
| Net Assets | $72K |
| Operating Margin | -12.2% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Tennessee Advanced Energy Business Council reported a deficit of $38K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Tennessee Advanced Energy Business Council's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | +28.9% | -34.8% |
| 2022 | +48.1% | +68.0% | +4.1% |
| 2021 | +51.2% | +40.9% | +30.5% |
| 2020 | +2.6% | -5.8% | +11.6% |
| 2019 | -28.1% | -23.4% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tennessee Advanced Energy Business Council has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tennessee Advanced Energy Business Council with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
Frequently Asked Questions about Tennessee Advanced Energy Business Council
Is Tennessee Advanced Energy Business Council a legitimate charity?
Tennessee Advanced Energy Business Council (EIN: 371703200) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $378K. No red flags identified. Financial health grade: C.
How does Tennessee Advanced Energy Business Council spend its money?
Tennessee Advanced Energy Business Council reported $378K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tennessee Advanced Energy Business Council tax-deductible?
Tennessee Advanced Energy Business Council is registered as a tax-exempt nonprofit (EIN: 371703200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tennessee Advanced Energy Business Council located?
Tennessee Advanced Energy Business Council is headquartered in Knoxville, Tennessee and files with the IRS under EIN 371703200. It is classified under NTEE code C35.
How many years of IRS 990 filings does Tennessee Advanced Energy Business Council have?
Tennessee Advanced Energy Business Council has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $378K in total revenue.
Filing History
IRS 990 filing history for Tennessee Advanced Energy Business Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Tennessee Advanced Energy Business Council's revenue has grown by 388%, moving from $64K to $311K. Total assets increased by 98% over the same period, from $36K to $72K. Total functional expenses rose by 1162.3%, from $28K to $349K. In its most recent filing year (2023), Tennessee Advanced Energy Business Council reported a deficit of $38K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $311K | $349K | $72K | $0 | — | — |
| 2022 | $275K | $271K | $110K | $0 | — | View 990 |
| 2021 | $186K | $161K | $105K | $0 | — | View 990 |
| 2020 | $123K | $115K | $81K | $0 | — | — |
| 2019 | $120K | $122K | $72K | $0 | — | View 990 |
| 2018 | $167K | $159K | $74K | $0 | — | View 990 |
| 2017 | $134K | $130K | $66K | $0 | — | View 990 |
| 2016 | $125K | $105K | $62K | $0 | — | View 990 |
| 2015 | $88K | $103K | $42K | $0 | — | View 990 |
| 2014 | $88K | $81K | $56K | $0 | — | View 990 |
| 2013 | $65K | $53K | $48K | $0 | — | View 990 |
| 2012 | $64K | $28K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $311K, expenses of $349K, and assets of $72K (revenue +13.0% year-over-year).
- 2022: Revenue of $275K, expenses of $271K, and assets of $110K (revenue +48.1% year-over-year).
- 2021: Revenue of $186K, expenses of $161K, and assets of $105K (revenue +51.2% year-over-year).
- 2020: Revenue of $123K, expenses of $115K, and assets of $81K (revenue +2.6% year-over-year).
- 2019: Revenue of $120K, expenses of $122K, and assets of $72K (revenue -28.1% year-over-year).
- 2018: Revenue of $167K, expenses of $159K, and assets of $74K (revenue +24.1% year-over-year).
- 2017: Revenue of $134K, expenses of $130K, and assets of $66K (revenue +7.5% year-over-year).
- 2016: Revenue of $125K, expenses of $105K, and assets of $62K (revenue +41.4% year-over-year).
- 2015: Revenue of $88K, expenses of $103K, and assets of $42K (revenue +0.1% year-over-year).
- 2014: Revenue of $88K, expenses of $81K, and assets of $56K (revenue +35.9% year-over-year).
- 2013: Revenue of $65K, expenses of $53K, and assets of $48K (revenue +1.9% year-over-year).
- 2012: Revenue of $64K, expenses of $28K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Advanced Energy Business Council:
Data Sources and Methodology
This transparency report for Tennessee Advanced Energy Business Council is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.