GREATER NASHVILLE PRIVATE CAPITAL ASSOCIATION

EIN: 992417095 Community Improvement

NASHVILLE, TN

Total Revenue
$525,829
Total Expenses
$307,301
Total Assets
$275,797
Net Assets
$218,528
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
TN
Principal Officer
JUDITH BYRD
Phone
6292362713
Tax Period
2024-01-01 to 2024-12-31

GREATER NASHVILLE PRIVATE CAPITAL ASSOCIATION, founded in 2024, is a small nonprofit in the Community Improvement sector that reported $526K in total revenue in fiscal year 2024. The organization ran a surplus of $219K, a strong 42% operating margin.

Mission

FACILITATE CAPITAL CONNECTIONS THAT UNLOCK INVESTMENT OPPORTUNITIES, ENABLING INNOVATIVE ENTREPRENEURS TO BUILD SUCCESSFUL COMPANIES, CREATE JOBS, AND CONTRIBUTE TO THE REGION'S GROWTH.

Program Service Accomplishments

Program 1

EDUCATIONAL PROGRAMMING AND PANEL DISCUSSIONS: THE GREATER NASHVILLE VENTURE CAPITAL ASSOCIATION (GNVCA) HOSTS A SERIES OF EDUCATIONAL INITIATIVES AIMED AT INFORMING AND EQUIPPING ITS MEMBERS WITH...

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EDUCATIONAL PROGRAMMING AND PANEL DISCUSSIONS: THE GREATER NASHVILLE VENTURE CAPITAL ASSOCIATION (GNVCA) HOSTS A SERIES OF EDUCATIONAL INITIATIVES AIMED AT INFORMING AND EQUIPPING ITS MEMBERS WITH INSIGHTS INTO EMERGING TRENDS, REGULATORY DEVELOPMENTS, AND INVESTMENT BEST PRACTICES. SIGNATURE PROGRAMMING INCLUDES PANEL DISCUSSIONS FEATURING SUBJECT-MATTER EXPERTS ON TOPICS SUCH AS PRIVATE CAPITAL TRENDS IN HEALTHCARE, TECHNOLOGY, AND TAX POLICY. THESE EVENTS ARE DESIGNED TO FOSTER LEARNING AND COLLABORATION AMONG INDUSTRY LEADERS AND TO STRENGTHEN THE REGIONAL VENTURE CAPITAL ECOSYSTEM.POLICY UPDATES AND ADVOCACY: GNVCA SERVES AS A CENTRAL VOICE FOR THE PRIVATE CAPITAL COMMUNITY IN MIDDLE TENNESSEE BY PROVIDING TIMELY POLICY UPDATES AND ENGAGING WITH LOCAL, STATE, AND FEDERAL POLICYMAKERS. THROUGH THIS WORK, THE ORGANIZATION ENSURES THAT ITS MEMBERS ARE AWARE OF LEGISLATIVE AND REGULATORY DEVELOPMENTS THAT MAY IMPACT INVESTMENT ACTIVITY. GNVCA WORKS TO FOSTER AND BUILD A ROBUST AND COMPETITIVE VENTURE CAPITAL ENVIRONMENT IN THE REGION.MEMBER ENGAGEMENT AND NETWORKING OPPORTUNITIES: GNVCA CREATES AND HOSTS NETWORKING EVENTS SUCH AS MEMBER RECEPTIONS, PRIVATE ROUNDTABLES, AND PEER-TO-PEER CONNECTION OPPORTUNITIES. THESE GATHERINGS STRENGTHEN RELATIONSHIPS ACROSS THE VENTURE CAPITAL COMMUNITY, PROMOTE COLLABORATION, AND HELP INTEGRATE NEW MEMBERS INTO THE REGIONAL NETWORK. THE ASSOCIATION PRIORITIZES INCLUSIVE AND HIGH-VALUE NETWORKING THAT SUPPORTS DEAL FLOW AND FOSTERS LONG-TERM PARTNERSHIPS AMONG INVESTORS AND STAKEHOLDERS.

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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 $500,000
Program Service Revenue $25,327
Investment Income $437
Other Revenue $65
TOTAL REVENUE $525,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $193,108
Fundraising Expenses $0
Other Expenses $114,193
TOTAL EXPENSES $307,301

Year-over-Year Comparison

2024 2023 Change
Revenue $525,829 N/A N/A
Expenses $307,301 N/A N/A
Net Income $218,528 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
3
Volunteers
12

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
4
$147,434
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDITH BYRD PRESIDENT/EXECUTIVE DIRECTOR 40.00
Officer
$135,853 $11,581 $147,434
BRUCE EVANS CHAIR 1.50
Officer Director
$0 $0 $0
ALAN BENTLEY TREASURER 1.00
Officer
$0 $0 $0
CHRIS ROWE SECRETARY 1.00
Officer
$0 $0 $0
NAVID FARZAD MEMBER 1.00
Director
$0 $0 $0
ANDERS HALL MEMBER 1.50
Director
$0 $0 $0
HUNTER HILLENMEYER MEMBER 1.00
Director
$0 $0 $0
JOE MAXWELL MEMBER 1.00
Director
$0 $0 $0
PADMA RAGHAVAN MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER S SUGDEN MEMBER 1.00
Director
$0 $0 $0
MARCUS WHITNEY 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 $525,829 $307,301 $275,797 $218,528
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