CARTER COUNTY TOMORROW LLC

EIN: 030608192

ELIZABETHTON, TN

Total Revenue
$283,334
Total Expenses
$275,003
Total Assets
$893,957
Net Assets
$769,975
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
TN
Principal Officer
SAM LAPORTE
Phone
4235423649
Tax Period
2018-07-01 to 2019-06-30

CARTER COUNTY TOMORROW LLC, founded in 2007, is a small nonprofit that reported $283K in total revenue in fiscal year 2018. Net assets of $770K represent 33 months of operating reserves.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE, RECRUIT, AND ENHANCE NEW BUSINESS AND ECONOMIC DEVELOPMENT FOR THE CITY OF ELIZABETHTON AND CARTER COUNTY THROUGH OUTREACH TO VARIOUS INDUSTRIES LOOKING TO LOCATE OR EXPAND IN THE ELIZABETHTON AND CARTER COUNTY AREA; THE RETENTION AND EXPANSION OF EXISTING BUSINESS AND INDUSTRY IN CARTER CO., PROMOTING CIVIL, SOCIAL, CULTURAL AND EDUCATION PROGRAMS TO ENHANCE THE QUALITY OF LIFE AND TO PROMOTE AND DEVELOP TOURISM IN THE AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $7,500
Program Service Revenue $274,826
Investment Income $4
Other Revenue $1,004
TOTAL REVENUE $283,334

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,958
Fundraising Expenses $0
Other Expenses $158,045
TOTAL EXPENSES $275,003

Year-over-Year Comparison

2018 2017 Change
Revenue $283,334 $288,382 0.0%
Expenses $275,003 $320,909 -0.1%
Net Income $8,331 $-32,527 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SONJA CULLER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
LEON HUMPHREY BOARD MEMBER 0.00
Director
$0 $0 $0
DANNY WARD VICE-CHAIRMAN 0.00
Officer Director
$0 $0 $0
DELISA LEFLEUR BOARD MEMBER 0.00
Director
$0 $0 $0
DALE FAIR BOARD MEMBER 0.00
Director
$0 $0 $0
RICHARD TESTER BOARD MEMBER 0.00
Officer Director
$0 $0 $0
DANNY MCCLAIN BOARD MEMBER 0.00
Director
$0 $0 $0
KEITH HARD BOARD MEMBER 0.00
Director
$0 $0 $0
CURT ALEXANDER BOARD MEMBER 0.00
Director
$0 $0 $0
ROB TONEY BOARD MEMBER 0.00
Director
$0 $0 $0
CHRIS HITECHEW BOARD MEMBER 0.00
Director
$0 $0 $0
BILL CARTER BOARD MEMBER 0.00
Director
$0 $0 $0
SAM LAPORTE CHAIRMAN 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $283,334 $275,003 $893,957 $8,331
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