New Life International in Madison, Tennessee (TN)

New Life International
Employer Identification Number (EIN)	581379188
Name of Organization	New Life International
Address	1233 Northgate Business Pkwy, Madison, TN 37115-2475
Activities	Missionary activities, Evangelism, Described in section 170(b)1)(a)(vi) of the Code
Subsection	Charitable Organization
Ruling Date	11/1979
Deductibility	Contributions are deductible
Foundation	Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$10,000,000 to $49,999,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$47,239,061
Amount of Income	$146,365
Form 990 Revenue Amount	$124,457
National Taxonomy of Exempt Entities (NTEE)	Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

	2013	2014
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	Yes	Yes
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	Yes	Yes
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	Yes	Yes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	No	No
Did the organization report an amount for other liabilities?	Yes	Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	No	No
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	Yes	No
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	Yes	Yes
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	No	No
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	Yes	Yes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No
A family member of a current or former officer, director, trustee, or key employee?	Yes	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	Yes	No
Did the organization receive more than $25,000 in non-cash contributions?	Yes	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	Yes	Yes
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	Yes	Yes
Did the organization make any transfers to an exempt non-charitable related organization?	Yes	Yes
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2012	2013	2014
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		541	541
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		Yes	No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		41	13
Did the organization file all required federal employment tax returns?		Yes	No
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	Yes	Yes
Has it filed a Form 990-T for this year?		Yes	Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		Yes	No
Did the organization notify the donor of the value of the goods or services provided?		Yes	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2013	2014
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$381,116	$287,780
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$49,892	$7,269
Total number of individuals who received more than $100,000 of reportable compensation from the organization	2	2
Total number of independent contractors who received more than $100,000 of compensation from the organization	0	2

	2012	2013	2014
Statement of Revenue
Total revenue	$11,905,796	$28,300,630	$124,457
Contributions, Gifts, Grants and Other Similar Amounts	$9,424,845	$25,918,519	$6,274
Program Service Revenue	$0	$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$1,373,994	$876,784	$158,460
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$0	$0	$0
Net rental income	$42,029	$62,567	$99,274
Gross rents (Real / Personal)	$42,029 / $0	$62,567 / $0	$99,274 / $0
Less: rental expenses (Real / Personal)	$0 / $0	$0 / $0	$0 / $0
Rental income or (loss) (Real / Personal)	$42,029 / $0	$62,567 / $0	$99,274 / $0
Net gain/loss from sales of assets other than inventory	$866,723	$1,351,782	$12,005
Gross amount from sales of assets other than inventory (Securities / Other)	$20,904,659 / $0	$9,590,829 / $5,500,000	$18,996 / $6,800
Less: cost or other basis and sales expenses (Securities / Other)	$20,037,936 / $0	$9,478,056 / $4,260,991	$0 / $13,791
Gain or (loss) (Securities / Other)	$866,723 / $0	$112,773 / $1,239,009	$18,996 / $-6,991
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$-7,108	$17,387	$7,252
Gross sales of inventory, less returns and allowances	$31,783	$44,596	$15,369
Less: cost of goods sold	$38,891	$27,209	$8,117
Miscellaneous Revenue	$205,313	$73,591	$-158,808
900099		$33,187	$7,804
900003		$20,993	$7,700
423000		$19,411	$-174,312
All other revenue		$0	$0

	2012	2013	2014
Statement of Functional Expenses
Total functional expenses	$13,791,757	$28,544,058	$2,210,645
Grants and other assistance to domestic organizations and domestic governments		$26,192,939	$71,104
Grants and other assistance to domestic individuals		$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$0
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$334,536	$191,235	$58,717
Compensation not included above, to disqualified persons		$0	$0
Other salaries and wages	$602,825	$628,470	$581,266
Pension plan accruals and contributions		$16,128	$25,144
Other employee benefits		$78,986	$42,375
Payroll taxes	$53,206	$50,794	$53,992
Fees for services (non-employees)
Management		$0	$0
Legal		$177,607	$1,298,976
Accounting		$40,130	$46,185
Lobbying		$0	$0
Professional fundraising services	$0	$0	$0
Investment management fees		$72,439	$21,198
Other		$0	$0
Advertising and promotion		$161,583	$-838
Office expenses		$17,444	$15,508
Information technology		$0	$0
Royalties		$0	$0
Occupancy		$5,007	$9,456
Travel		$20,340	$9,278
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$0	$0
Interest		$27,417	$37,666
Payments to affiliates		$0	$0
Depreciation, depletion, and amortization		$74,714	$30,920
Insurance		$52,188	$57,243
Other expenses		$539,597	$72,528
Other expenses		$76,840	$26,604
Other expenses		$22,371	$17,638
Other expenses		$21,017	$16,439
Other expenses		$76,812	$-280,754

	2012	2013	2014
Balance Sheet
Total assets	$67,376,043	$50,589,085	$47,239,061
Cash - non-interest-bearing		$26,963	$15,040
Savings and temporary cash investments		$564,935	$7,429,715
Pledges and grants receivable, net		$0	$0
Accounts receivable, net		$184,156	$160,709
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$9,200	$0
Notes and loans receivable, net		$370,000	$205,000
Inventories for sale or use		$275,600	$326,433
Prepaid expenses and deferred charges		$446,072	$107,122
Land, buildings, and equipment: cost or other basis		$573,943	$529,219
Investments - publicly traded securities		$21,733,302	$16,228,797
Investments - other securities		$26,324,345	$22,165,197
Investments - program-related		$0	$0
Intangible assets		$0	$0
Other assets		$80,569	$71,829
Total liabilities	$63,826,257	$47,514,098	$46,161,678
Accounts payable and accrued expenses		$208,153	$669,247
Grants payable		$0	$0
Deferred revenue		$0	$0
Tax-exempt bond liabilities	$0	$0	$0
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$696,746	$651,346	$597,991
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$46,654,599	$44,894,440
Total net assets or fund balances	$3,549,786	$3,074,987	$1,077,383
Unrestricted net assets		$3,074,987	$1,077,383
Temporarily restricted net assets		$0	$0
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

	2010 - 2014 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
Public Support	$63,433,278
Subtotal Support	$63,433,278
Gifts, grants, contributions, and membership fees received	$63,433,278
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$0
Total Support	$71,322,190
Public Support	$63,433,278
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$7,888,912
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income. Do not include gain or loss from the sale of capital assets	$0
Gross receipts from related activities, etc.	$91,748

	2000	2001	2002	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$23,963,162	$17,246,807	$16,243,265	$25,800,910	$26,552,272	$57,989,745	$56,431,894	$58,243,163
Contributions, gifts, grants, and similar amounts received	$13,121,273	$15,459,796	$19,340,414	$17,402,673	$18,628,555	$48,443,246	$37,088,839	$54,664,495
Contributions to donor advised funds							$0	$0
Direct public support	$13,121,273	$15,459,796	$19,340,414	$17,402,673	$18,628,555	$48,443,246	$37,088,839	$54,664,495
Indirect public support	$0	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$3,149,918	$1,972,806	$2,022,960	$1,998,106	$2,186,176	$2,258,534	$290,219	$0
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$0	$0	$0	$0	$0	$0	$0	$0
Dividends and interest from securities	$3,577,221	$3,570,377	$3,743,438	$4,766,542	$4,911,575	$5,311,333	$6,137,965	$5,378,218
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$22,156	$39,357	$6,481
Gain or (loss) from sales of assets other than inventory	$4,098,423	$-3,850,929	$-9,012,917	$1,556,047	$794,270	$1,930,153	$12,588,572	$-1,687,735
Gross amount from sales of assets other than inventory	$30,180,301	$41,773,086	$129,889,214	$107,698,100	$71,243,131	$98,635,326	$86,067,336	$68,569,334
Less: cost or other basis and sales expenses	$26,081,878	$45,624,015	$138,902,131	$106,142,053	$70,448,861	$96,705,173	$73,478,764	$70,257,069
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$16,327	$94,757	$149,370	$77,542	$31,696	$24,323	$286,942	$-118,296
Total expenses	$18,390,827	$20,548,605	$32,430,235	$25,084,179	$27,262,500	$55,208,703	$51,613,591	$65,131,061
Program services	$7,615,926	$5,142,173	$13,112,650	$11,844,428	$13,855,575	$42,183,640	$38,896,179	$53,119,967
Management and general	$5,577,364	$9,021,267	$12,337,629	$9,340,117	$10,178,457	$10,424,409	$11,409,495	$10,483,160
Fundraising	$5,197,537	$6,385,165	$6,979,956	$3,899,634	$3,228,468	$2,600,654	$1,307,917	$1,527,934
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$44,085,740	$34,698,586	$23,542,261	$28,353,762	$28,654,198	$29,719,366	$37,361,458	$22,151,042
Excess or (deficit) for the year	$5,572,335	$-3,301,798	$-16,186,970	$716,731	$-710,228	$2,781,042	$4,818,303	$-6,887,898
Net assets or fund balances at beginning of year	$47,063,326	$44,085,740	$34,698,586	$23,542,261	$28,353,762	$28,654,198	$29,719,366	$37,361,458
Other changes in net assets or fund balances	$-8,549,921	$-6,085,356	$5,030,645	$4,094,770	$1,010,664	$-1,715,874	$2,823,789	$-8,322,518

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$65,131,061	$53,119,967	$10,483,160	$1,527,934
Grants paid from donor advised funds		$380,713
Other grants and allocations		$50,858,106
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$698,700	$50,907	$296,732	$351,061
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$898,351	$109,860	$437,188	$351,303
Pension plan contributions not included above	$8,664,976	$0	$8,638,679	$26,297
Employee benefits not included above	$147,490	$33,209	$38,933	$75,348
Payroll taxes	$94,908	$25,542	$2,078	$67,288
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$44,500	$0	$44,500	$0
Legal fees	$29,244	$0	$28,264	$980
Supplies	$1,459,568	$1,442,676	$4,757	$12,135
Telephone	$39,153	$4,601	$16,191	$18,361
Postage and shipping	$136,652	$116,268	$10,868	$9,516
Occupancy	$29,804	$25,938	$2,423	$1,443
Equipment rental and maintenance	$8,847	$893	$5,833	$2,121
Printing and publications	$0	$0	$0	$0
Travel	$69,592	$29,563	$20,256	$19,773
Conferences, conventions, and meetings	$3,675	$0	$0	$3,675
Interest	$31,268	$0	$31,268	$0
Depreciation, depletion, etc.	$148,466	$25,958	$102,172	$20,336
Other expenses not covered above	$1,387,048	$15,733	$803,018	$568,297

	2000	2001	2002	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$111,944,022	$124,279,555	$132,087,808	$144,036,047	$146,686,911	$153,826,356	$158,706,667	$160,892,959
Cash - non-interest-bearing	$0	$0	$1	$0	$0	$3,392	$2,515	$2,714
Savings and temporary cash investments	$1,011,937	$2,551,441	$1,572,266	$1,711,954	$1,742,042	$1,043,747	$1,839,546	$2,913,395
Accounts receivable less allowance for doubtful accounts	$0	$4,630	$0	$0	$0	$0	$0	$261,397
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$781,603	$583,569	$6,294,896	$7,181,926	$3,011,532	$3,754,501	$3,571,595	$1,273,704
Inventories for sale or use	$0	$0	$468,358	$779,875	$1,975,640	$5,299,382	$6,432,146	$8,730,816
Prepaid expenses and deferred charges	$780,739	$560,372	$430,686	$224,471	$120,008	$150,513	$39,726	$58,313
Investments - publicly-traded securities							$121,627,507	$117,642,988
Investments - other securities	$86,430,488	$85,427,223	$93,177,406	$103,829,813	$122,836,051	$119,313,873	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0	$0
Investments - other	$13,569,168	$24,675,867	$22,401,142	$21,919,685	$9,035,534	$16,615,073	$23,713,259	$28,285,725
Land, buildings, and equipment less accumulated depreciation	$9,132,639	$8,810,260	$7,334,762	$7,964,645	$7,538,897	$7,224,706	$1,220,985	$1,367,530
Other assets, including program-related investments	$237,448	$1,666,193	$408,291	$423,678	$427,207	$421,169	$259,388	$356,377
Total liabilities	$67,858,282	$89,580,969	$108,545,547	$115,682,285	$118,032,713	$124,106,990	$121,345,209	$138,741,917
Accounts payable and accrued expenses	$57,431,146	$1,403,196	$2,783,753	$3,391,686	$1,279,847	$641,284	$2,929,991	$3,855,841
Grants payable	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$0	$544	$18,471	$1,760	$47,800	$6,948	$0	$136,840
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$6,349,053	$7,616,976	$7,531,463	$7,441,203	$7,342,932	$7,237,528	$0	$1,145,000
Other liabilities	$4,078,083	$80,560,253	$98,211,860	$104,847,636	$109,362,134	$116,221,230	$118,415,218	$133,604,236
Total liabilities and net assets/fund balances	$111,944,022	$124,279,555	$132,087,808	$144,036,047	$146,686,911	$153,826,356	$158,706,667	$160,892,959
Total net assets or fund balances	$44,085,740	$34,698,586	$23,542,261	$28,353,762	$28,654,198	$29,719,366	$37,361,458	$22,151,042

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$23,963,162	$17,246,807	$16,243,265	$25,800,910	$26,552,272	$57,989,745	$56,431,894	$58,243,163
Total revenue, gains, and other support per audited financial statements	$24,383,799	$23,741,313	$21,407,322	$31,793,719	$26,796,507	$57,785,417	$55,688,122	$49,538,809
Other expenses	$857,494	$6,086,680	$0	$6,238,049	$445,042	$-204,328	$-743,772	$-8,704,354
Net unrealized gains on investments	$0	$0	$0	$4,094,770	$445,042	$-204,328	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0	$0
Other	$857,494	$6,086,680	$0	$2,143,279	$0	$0	$-743,772	$-8,704,354
Other revenue	$436,857	$-407,826	$-5,164,057	$245,240	$200,807	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$436,857	$-407,826	$-5,164,057	$245,240	$200,807	$0	$0	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$18,390,827	$20,548,605	$32,430,235	$25,084,179	$27,262,500	$55,208,703	$51,613,591	$65,131,061
Total expenses and losses per audited financial statements	$27,331,905	$32,270,332	$32,490,043	$25,407,121	$27,095,036	$56,720,249	$51,613,591	$65,049,225
Other revenue	$8,941,078	$5,153,719	$-1,184,233	$322,942	$0	$1,511,546	$0	$-81,836
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$1,511,546	$0	$0
Other	$8,941,078	$5,153,719	$-1,184,233	$322,942	$0	$0	$0	$-81,836
Other expenses	$0	$-6,568,008	$-1,244,041	$0	$167,464	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$-6,568,008	$-1,244,041	$0	$167,464	$0	$0	$0

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
50	$244,999	$15,000	$6,296
50	$56,000	$3,920	$1,080
50	$109,614	$0	$0
50	$125,795	$11,469	$0
50	$116,629	$7,898	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	6
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	28

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$-134,228		$3,712,896	$0
Program service revenue
Program service revenue 1	000000	$0	00	$0	$0
Program service revenue 2	000000	$0	00	$0	$0
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	00	$0	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$5,378,218	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$6,481	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$-1,687,735	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	Merchant wholesalers, durable goods	$-134,228	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$15,932	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
611336146	96%	$96,326	$3,499,793
541939297	96%	$10,169	$965,010
541921360	96%	$50,473	$926,265
860973267	97%	$3,299	$26,404

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$108,000	$14,034	$0
$90,326	$15,990	$0
$69,500	$5,108	$0
$60,430	$2,962	$0
$61,084	$0	$0

Total number of other employees paid over $50,000	2

Total number of other employees paid over $50,000

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	Yes
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$26
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$4,197,671
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that receives a substantial part of its support from a governmental unit or from the general public

	1999	2000	2001	2002	2003	2004	2005	2006
Support Schedule
Total	$23,788,644	$19,911,745	$21,002,979	$24,867,630	$24,187,816	$25,920,138	$55,878,326	$43,218,651
Gifts, grants, and contributions received	$18,068,754	$13,121,273	$15,459,796	$19,340,414	$17,402,673	$18,628,555	$48,443,246	$37,088,839
Membership fees received	$0	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$3,353,700	$3,149,919	$1,972,806	$1,998,106	$1,998,106	$2,186,176	$2,237,080	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$2,366,190	$3,640,553	$3,570,377	$3,529,110	$4,787,037	$5,105,407	$5,198,000	$6,129,812
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2009)
Total	$506,496	$0	$506,496
Gross receipts or sales less returns and allowances	$1,769,488	$0	$0
Cost of goods sold	$1,015,537	$0	$0
Gross profit	$753,951	$0	$753,951
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$-247,455	$0	$-247,455
Rent income	$0	$0	$0
Unrelated debt-financed income	$0	$0	$0
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$0	$0	$0
Advertising income	$0	$0	$0
Other income	$0	$0	$0

Deductions Not Taken Elsewhere (for 2009)
Total deductions	$1,001,927
Compensation of officers, directors, and trustees	$0
Salaries and wages	$643,157
Repairs and maintenance	$57,441
Bad debts	$0
Interest	$5,388
Taxes and licenses	$78,034
Charitable contributions	$0
Depreciation	$110,285
Depletion	$0
Contributions to deferred compensation plans	$0
Employee benefit programs	$761
Excess exempt expenses	$0
Excess readership costs	$0
Other deductions	$106,861
Unrelated business taxable income	$-495,431
Unrelated business taxable income before net operating loss deduction	$-495,431
Net operating loss deduction	$0
Unrelated business taxable income before specific deduction	$-495,431
Specific deduction	$0

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Id	Name	Address	State	Established	Total Income
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2	Ut Medical Group Inc	1407 Union Ave Ste 720, Memphis, TN 38104-3641	TN	1983-12	$129,033,485
3	Bnai Brith Home & Hospital For The Aged Inc, Memphis Jewish Home	36 Bazeberry Rd, Cordova, TN 38018-7754	TN	1955-04	$30,386,163
4	Covenant Homecare	1420 Centerpoint Blvd Bldg C, Knoxville, TN 37932-1960	TN	1997-07	$13,449,962
5	Cocaine And Alcohol Awareness Program Inc	4041 Knight Amold Road Suite 300, Memphis, TN 38118	TN	1990-09	$5,892,614
6	Memphis Bioworks Foundation	20 Dudley St Ste 900, Memphis, TN 38103-4904	TN	2002-02	$4,196,091
7	The Tennessee Legal Community Foundation Tlcf	221 4th Ave N Ste 400, Nashville, TN 37219-2198	TN	1996-03	$1,585,632
8	Henry County Fair Association Inc	PO BOX 1431, Paris, TN 38242-1431	TN	2003-06	$185,861
9	A I M Housing Inc	PO BOX 11586, Chattanooga, TN 37401-2586	TN	1998-08	$391,105
10	Dobyns Bennett High School Quarterback Club Inc	PO BOX 7205, Kingsport, TN 37664-1205	TN	1990-05	$64,008
11	New Life International	1233 Northgate Business Pkwy, Madison, TN 37115-2475	TN	1979-11	$146,365
12	Young Mens Christian Association Of Metropolitan Chattanooga	301 W 6th St, Chattanooga, TN 37402-1108	TN	1937-09	$13,231,982
13	Young Mens Christian Association Of Nashville And Middle Tennessee	1000 Church St, Nashville, TN 37203-3420	TN	1968-11	$93,770,156
14	Bethel Bible Village	3001 Hamill Rd, Hixson, TN 37343-3321	TN	1956-03	$3,887,413
15	Village Of Germatown Inc	7820 Walking Horse Cir, Germantown, TN 38138-2143	TN	2003-04	$15,223,144
16	The A I M Center Inc	PO BOX 11586, Chattanooga, TN 37401-2586	TN	1987-08	$1,717,939
17	Memphis Development Foundation, Orpheum Theatre	203 S Main St, Memphis, TN 38103-3905	TN	1977-06	$10,691,940
18	Christian Education Charitable Trust	820 Broad Street Suite 300, Chattanooga, TN 37402	TN	1974-10	$4,272,207
19	Hugh And Charlotte Maclellan Charitabhle Trust, Maclellan Hugh O Sr Ttee	820 Braod St 300, Chattanooga, TN 37402	TN	1993-09	$4,438,899
20	Community Foundation Of Greater Chattanooga Inc	1270 Market St, Chattanooga, TN 37402-2713	TN	1965-04	$21,279,593

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