CHEROKEE COUNTRY CLUB FOUNDATION

EIN: 920679178 501(c)(3) Public Safety

KNOXVILLE, TN

Total Revenue
$571,333
Total Expenses
$69,174
Total Assets
$884,582
Net Assets
$884,582
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TN
Principal Officer
MARK K WILLIAMS
Phone
8655844637
Tax Period
2024-01-01 to 2024-12-31

CHEROKEE COUNTRY CLUB FOUNDATION, founded in 2022, is a small nonprofit in the Public Safety sector that reported $571K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $502K, a strong 88% operating margin.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), INCLUDING, FOR SUCH PURPOSES BUT WITHOUT LIMITATION, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER CODE SECTION 501(C)(3), THE MAKING OF DISTRIBUTIONS TO INDIVIDUALS FOR DISASTER RELIEF AND FOR EDUCATION, AND THE ACQUISITION AND RETENTION OF ASSETS THAT FURTHER THE CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES OF THE CORPORATION, AND THE CORPORATION MAY ENGAGE IN ANY ACTIVITY, AND EXERCISE ANY AND ALL POWERS, RIGHTS AND PRIVILEGES, AFFORDED A NONPROFIT CORPORATION UNDER THE ACT, TO THE EXTENT NOT INCONSISTENT WITH CODE SECTION 50L(C)(3).

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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 (2024)

Revenue Breakdown

Contributions & Grants $573,979
Program Service Revenue $0
Investment Income $26,499
Other Revenue $-29,145
TOTAL REVENUE $571,333

Expense Breakdown

Grants Paid $32,300
Salaries & Benefits $0
Fundraising Expenses $5,569
Program Expenses $32,300
Other Expenses $36,874
TOTAL EXPENSES $69,174

Year-over-Year Comparison

2024 2023 Change
Revenue $571,333 $383,219 +0.5%
Expenses $69,174 N/A N/A
Net Income $502,159 $383,219 +0.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK WILLIAMS PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID MARTIN VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
JERRY BODIE SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
ANN BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
SAMMA BROMLEY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS CAMERON BOARD MEMBER 1.00
Director
$0 $0 $0
BILL COBBLE BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA COOK BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA TOMBRAS BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTIN WILLIAMS BOARD MEMBER 1.00
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
2024 $571,333 $69,174 $884,582 $502,159
2023 $383,219 No data $382,423 No data
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