THE GREAT SCHOOLS PARTNERSHIP: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE GREAT SCHOOLS PARTNERSHIP (EIN 76-6206166)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-12-15
- IRS object ID
- 202033509349300003
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-12-15T07:59:01-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621170651 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN JAKE & MCDANIEL PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2607 KINGSTON PIKE SUITE 110 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379193336 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 766206166 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GREAT SCHOOLS PARTNERSHIP | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE TRUST | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 8652154501 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 912 S GAY STREET L210 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37902 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS LETSOS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8652154501 | PhoneNum |
| Signature | 2020-12-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES E BOOHER CPA | PreparerPersonNm |
| PTIN | P00286127 | PTIN |
| Phone | 8656378600 | PhoneNum |
| Preparation | 2020-12-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Principal Officer | CHRIS LETSOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 912 S GAY STREET L210 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,432,553 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GREATSCHOOLSPARTNERSHIP.COM | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | TO SERVE AS A CATALYST, THINK TANK, INCUBATOR, START-UP FUNDER AND OPERATIONAL PARTNER FOR MAKING KNOX COUNTY SCHOOLS GLOBALLY COMPETITIVE. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 70 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $5,281,958 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,425,429 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,924 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,124 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,293,882 | PYTotalRevenueAmt |
| CY Total Revenue | $4,432,553 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,573,775 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,141,749 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,997,407 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,425,114 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $604,202 | PYOtherExpensesAmt |
| CY Other Expenses | $490,394 | CYOtherExpensesAmt |
| PY Total Expenses | $5,175,384 | PYTotalExpensesAmt |
| CY Total Expenses | $4,057,257 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $118,498 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $375,296 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,118,838 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $179,919 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,938,919 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO SERVE AS A CATALYST, THINK TANK, INCUBATOR, START-UP FUNDER AND OPERATIONAL PARTNER FOR MAKING KNOX COUNTY SCHOOLS GLOBALLY COMPETITIVE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,027,987 | ExpenseAmt |
| Desc | COMMUNITY SCHOOLS PURPOSE IS TO BREAK DOWN THE BARRIERS TO STUDENT LEARNING BY CONVENING PRIMARILY EXISTING RESOURCES TO USE THE SCHOOL AS THE NEIGHBORHOOD HUB TO PROMOTE AND SUPPORT HEALTHY, VIBRANT FAMILIES, SCHOOLS AND COMMUNITIES. COMMUNITY SCHOOLS COLLABORATES WITH MORE THAN 275 COMMUNITY PARTNERS TO SUPPORT STUDENT SUCCESS BY BUILDING SYSTEMS OF SUPPORT FOR: MENTAL AND PHYSICAL HEALTH, BASIC NEEDS, FAMILY ENGAGEMENT, SOCIAL EMOTIONAL LEARNING, AND COMMUNITY DEVELOPMENT FOR POSITIVE GROWTH. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $718,141 | ExpenseAmt |
| Grant | $528,249 | GrantAmt |
| Desc | RESEARCH AND DEVELOPMENT (INNOVATION) CONTAINS PROGRAMS THAT ARE PILOT PROGRAMS TO EVALUATE THEIR LONG TERM VIABILITY. THESE PROGRAMS INCLUDE THE FOLLOWING ON-GOING PROGRAM ACTIVITIES: SHAKESPEARE IN SHADES, CODETN, TEACHERPRENUER, THANK-A-TEACHER, SECONDARY TUTORING CENTERS, ARTS INTEGRATED TUTORING, AND DATA ANALYST. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $614,625 | ExpenseAmt |
| Grant | $613,500 | GrantAmt |
| Desc | PROJECT GRAD KNOXVILLE IS AN INITIATIVE OF THE KNOX EDUCATION FOUNDATION. IN PARTNERSHIP WITH KNOX COUNTY SCHOOLS AND THE COMMUNITIES SERVED, PROJECT GRAD KNOXVILLE IMPACTS GENERATIONAL CHANGE THROUGH EDUCATION. TAKING A K-16 (ELEMENTARY THROUGH POSTSECONDARY) APPROACH, THE PROGRAM FOCUSES ON COLLEGE/CAREER ACCESS AND SUCCESS; SOCIAL SERVICES SUPPORT; FAMILY, NEIGHBORHOOD & COMMUNITY ENGAGEMENT; INTENTIONAL SUPPORT FOR STUDENTS FROM DISADVANTAGED CIRCUMSTANCES; AND SCHOLARS IN 14 URBAN SCHOOLS IN KNOXVILLE. THE WORK OF PGK TARGETS: 1) INCREASED K12 KNOWLEDGE OF POSTSECONDARY OPTIONS, ACCESS, AND PATHWAYS; 2) INCREASED HIGH SCHOOL GRADUATION RATE; AND 3) INCREASED HIGHER EDUCATION ENROLLMENT AND COMPLETION RATE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,360,753 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | Yes (true) | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 70 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHANIE JINKINS | PersonNm |
| Phone | 8652154501 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 912 S GAY STREET L210 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37902 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| ANTHONY WISE | ||||||||
| CHAIR | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BOB RIDER | ||||||||
| PAST CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LAURENS TULLOCK | ||||||||
| SECRETARY/TR | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RANDY BOYD | ||||||||
| TRUSTEE | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JOHN BUTLER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| TANYA COATS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN HORN | ||||||||
| TRUSTEE | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| GLENN JACOBS | ||||||||
| TRUSTEE | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| LARRY MAULDIN | ||||||||
| TRUSTEE | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| PHYLLIS NICHOLS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| HUGH NYSTROM | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MIKE ODOM | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MADELINE ROGERO | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WENDY STILES | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| BOB THOMAS | ||||||||
| TRUSTEE | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE WELCH | ||||||||
| FORMER PRESI | 40.00 | 5.00 | $186,759 | $0 | $4,207 | Yes (X) | ||
| JONATHAN SCOONOVER | ||||||||
| INTERIM PRES | 40.00 | 5.00 | Yes (X) | $107,828 | $0 | $16,782 | ||
| CHRIS LETSOS | ||||||||
| CEO | 20.00 | 20.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE JINKINS | ||||||||
| CFO | 20.00 | 20.00 | Yes (X) | $149,090 | $2,815 | $20,382 | ||
| CHERYL BALL | ||||||||
| VICE PRESIDE | 40.00 | Yes (X) | $141,911 | $0 | $19,742 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $585,588 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,815 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $61,113 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | UNITED HEALTHCARE | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 88832 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60695 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | MED. INSURANCE | ServicesDesc |
| Compensation | $208,723 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $125,135 | FederatedCampaignsAmt |
| Government Grants | $3,037,423 | GovernmentGrantsAmt |
| All Other Contributions | $1,262,871 | AllOtherContributionsAmt |
| Total Contributions | $4,425,429 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,124 | TotalRevenueColumnAmt |
| Exclusion | $7,124 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,432,553 | TotalRevenueColumnAmt |
| Exclusion | $7,124 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,141,749 | TotalAmt |
| Program Services | $1,141,749 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $501,533 | TotalAmt |
| Program Services | $279,778 | ProgramServicesAmt |
| Management And General | $221,755 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,837 | TotalAmt |
| Management And General | $94,837 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,449,587 | TotalAmt |
| Program Services | $1,234,813 | ProgramServicesAmt |
| Management And General | $214,774 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,932 | TotalAmt |
| Program Services | $55,844 | ProgramServicesAmt |
| Management And General | $3,088 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,772 | TotalAmt |
| Program Services | $166,569 | ProgramServicesAmt |
| Management And General | $27,203 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,453 | TotalAmt |
| Program Services | $92,861 | ProgramServicesAmt |
| Management And General | $33,592 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,571 | TotalAmt |
| Program Services | $114,670 | ProgramServicesAmt |
| Management And General | $37,901 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,317 | TotalAmt |
| Program Services | $13,718 | ProgramServicesAmt |
| Management And General | $7,599 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,582 | TotalAmt |
| Program Services | $8,388 | ProgramServicesAmt |
| Management And General | $6,194 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,673 | TotalAmt |
| Program Services | $64,094 | ProgramServicesAmt |
| Management And General | $1,579 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,711 | TotalAmt |
| Program Services | $20,506 | ProgramServicesAmt |
| Management And General | $6,205 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,424 | TotalAmt |
| Program Services | $7,590 | ProgramServicesAmt |
| Management And General | $1,834 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,553 | TotalAmt |
| Program Services | $10,110 | ProgramServicesAmt |
| Management And General | $2,443 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROGRAM SUPPORT | $94,693 | $91,760 | $2,933 |
| PROGRAM AWARENESS | $61,779 | $27,212 | $34,567 |
| OTHER PROGRAM EXPENSES | $30,581 | $30,581 | |
| SPECIAL EVENTS | $510 | $510 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,057,257 | TotalAmt |
| Program Services | $3,360,753 | ProgramServicesAmt |
| Management And General | $696,504 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $676,803 | BOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $738,779 | BOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,794 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,732 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,920 | BOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,810 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,118,838 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,919 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,919 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,938,919 | BOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,938,919 | BOYAmt |
| EOY | $0 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,118,838 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $375,296 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,314,215 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,681,960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,825,041 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,874,276 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,281,958 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,425,429 | CurrentTaxYearAmt |
| Total | $24,088,664 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,681,960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,825,041 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,874,276 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,281,958 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,425,429 | CurrentTaxYearAmt |
| Total | $24,088,664 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,203,043 | SubstantialContributorsTotAmt |
| Public Support Total170 | $21,885,621 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,384 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,340 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,924 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,124 | CurrentTaxYearAmt |
| Total | $27,287 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $24,115,951 | TotalSupportAmt |
| Public Support CY170 | 0.90750 | PublicSupportCY170Pct |
| Public Support PY170 | 0.93620 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES. THEREFORE, THE ORGANIZATION HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. NO PERIODS ARE UNDER EXAMINATION, AND OPEN RETURN YEARS PER STATUTE ARE FOR THE YEARS ENDED JUNE 30, 2017 THROUGH JUNE 30, 2020. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| KNOX COUNTY SCHOOLS | |||||||
| PO BOX 2188 | KNOXVILLE | TN | 37901 | 621514661 | GOV | $428,249 | EDUCATIONAL |
| KNOX EDUCATION FOUNDATION | |||||||
| 912 S GAY STREET L210 | KNOXVILLE | TN | 37902 | 621865303 | 501C3 | $613,500 | EDUCATIONAL |
| TNACHEIVES | |||||||
| 10427 PETSAFE WAY | KNOXVILLE | TN | 37932 | 274673873 | 501C3 | $100,000 | EDUCATIONAL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | ALL NEW GRANTS HAVE A SIGNED WRITTEN PARTNERSHIP AGREEMENT WITH MEASURABLE OUTCOMES AND AN ESCAPE CLAUSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|
| STEPHANIE WELCH | ||||||||
| FORMER PRESIDENT | $163,436 | $18,100 | $5,223 | $3,938 | $269 | $190,966 | ||
| STEPHANIE JINKINS | ||||||||
| CFO | $132,304 | $13,966 | $2,820 | $7,364 | $13,018 | $169,472 | $2,815 | $2,815 |
| CHERYL BALL | ||||||||
| VICE PRESIDENT | $126,391 | $12,700 | $2,820 | $6,875 | $12,867 | $161,653 | ||
Schedule N IRS990ScheduleN
Liquidation Of Assets Table LiquidationOfAssetsTableGrp
Liquidation Of Assets Detail LiquidationOfAssetsDetail (2 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | EINEIN | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|---|---|
| KNOX EDUCATION FOUNDATION | |||||||||
| ALL ASSETS TRANSFERRED | 2020-06-30 | $3,077,276 | BOOK | 621865303 | 912 S GAY STREET L210 | KNOXVILLE | TN | 37902 | 501(C)(3) |
| KNOX EDUCATION FOUNDATION | |||||||||
| ALL LIABILITIES ASSUME | 2020-06-30 | -$763,061 | BOOK | 621865303 | 912 S GAY STREET L210 | KNOXVILLE | TN | 37902 | 501(C)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor | Yes (true) | DirectorOfSuccessorInd |
| Employee Of Successor | Yes (true) | EmployeeOfSuccessorInd |
| Owner Of Successor | false | OwnerOfSuccessorInd |
| Receive Compensation | false | ReceiveCompensationInd |
| Assets Distributed | Yes (true) | AssetsDistributedInd |
| Required To Notify AG | Yes (true) | RequiredToNotifyAGInd |
| Liabilities Paid | Yes (true) | LiabilitiesPaidInd |
| Bonds Outstanding | false | BondsOutstandingInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE N, PAGE 1, PART I, LINE 2E | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING TRUSTEES OF GREAT SCHOOLS PARTNERSHIP HAVE BECOME MEMBERS OF THE BOARD OF DIRECTORS OF THE MERGED ORGANIZATION, KNOX EDUCATION FOUNDATION: ANTHONY WISE LAURENS TULLOCK LARRY MAULDIN GLENN JACOBS BOB THOMAS SUSAN HORN RANDY BOYD THE FOLLOWING OFFICERS OF GREAT SCHOOLS PARTNERHIP HAVE BECOME OFFICERS OF THE MERGED ORGANIZATION, KNOX EDUCATION FOUNDATION: CHRIS LETSOS, CHIEF EXECUTIVE OFFICER STEPHANIE JINKINS, CHIEF FINANCIAL OFFICER | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED AND PROVIDED TO THE FOUNDATION'S CEO, CFO AND FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THE UNDERLYING DETAILED FINANCIAL INFORMATION USED IN THE PREPARATION OF THE FORM 990 IS REPORTED TO THE GOVERNING BODY QUARTERLY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL (PRESIDENT) IS DETERMINED BY THE GOVERNING BODY IN OPEN MEETING. THE AMOUNT OF COMPENSATION IS NEGOTIATED AND BASED ON FACTORS INCLUDING COMPENSATION PAID TO TOP MANAGEMENT OF SIMILAR ORGANIZATIONS LOCATED IN THE REGION. THE GOVERNING BODY VOTES TO APPROVE THE COMPENSATION AND MINUTES ARE KEPT TO SUBSTANTIATE THE ACTION TAKEN. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS MADE AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9 | TO KNOX EDUCATION FOUNDATION: 0 ASSETS TRANSFERRED -3,077,276 LIABILITIES ASSUMED 763,061 TOTAL -2,314,215 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KNOX EDUCATION FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 912 S GAY STREET L210 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621865303 | EIN |
| Primary Activities | CHARITABLE | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 12A | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| KNOX EDUCATION FOUNDATION | ||
| B | $613,500 | CASH |
| KNOX EDUCATION FOUNDATION | ||
| R | $3,077,276 | ASSETS TRANSFERRED |
| KONX EDUCATION FOUNDATION | ||
| R | -$763,061 | LIABILITIES ASSUMED |