2025-09-19T15:55:10-05:00 2024-12-31 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 201 NASHVILLE TN 37215 990 2024-01-01 271230916 THE NASHVILLE ENTREPRENEUR CENTER NASH 6158731257 41 PEABODY STREET NASHVILLE TN 37210 SAMUEL DAVIDSON CHIEF EXECUTIVE OFFICER 6152189110 2025-09-19 1 1 RODNEY C BROWER P00168898 6153205500 2025-09-19 2024 2025-03-06 01:10:19Z SAMUEL DAVIDSON 41 PEABODY STREET NASHVILLE TN 37210 2974673 0 X WWW.EC.CO X 2009 TN THE NASHVILLE ENTREPRENEUR CENTER EXISTS TO HELP MAKE NASHVILLE THE BEST PLACE TO START AND GROW A BUSINESS BY INCREASING THE LIKELIHOOD OF SUCCESS FOR ENTREPRENEURS. 26 26 20 200 0 0 3049539 2597869 324236 217452 78333 63237 78497 96115 3530605 2974673 0 0 0 0 1667941 1777413 0 0 443242 2235242 1815743 3903183 3593156 -372578 -618483 4909608 4387433 63416 136882 4846192 4250551 X THE NASHVILLE ENTREPRENEUR CENTER EXISTS TO HELP MAKE NASHVILLE THE BEST PLACE TO START AND GROW A BUSINESS BY INCREASING THE LIKELIHOOD OF SUCCESS FOR ENTREPRENEURS. 0 0 2871582 697305 FRONT DOOR TO ENTREPRENEURSHIP: THE NEC SERVES AS A GUIDE TO NASHVILLE'S ENTREPRENEURS BY CONNECTING THEM WITH THE RESOURCES NECESSARY TO SUPPORT THEIR BUSINESS ACROSS THE ENTREPRENEURAL ECOSYSTEM. IN ADDITION, THE NEC OFFERS DIRECT SUPPORT TO FOUNDERS THROUGH MEMBERSHIP, AN ADVISOR PROGRAM, AND IMMERSIVE EXPERIENCES TO SUPPORT GROWTH-MINDED ENTREPRENEURS AT ALL STAGES OF BUSINESS AND IN ANY INDUSTRY.ENTREPRENEURAL SUPPORT INCLUDES STRUCTURED EDUCATION AND MENTORSHIP, STAKEHOLDER (POTENTIAL CUSTOMERS, PARTNERS AND FOUNDERS) CONNECTIONS AND ENGAGEMENT, CO-WORKING SPACE, MEMBERSHIP, NETWORKING EVENTS, EDUCATIONAL WORKSHOPS, IMPRESSIVE INDUSTRY PROGRAMS (SUCH AS MUSIC AND HEALTHCARE), AND INDUSTRY AGNOSTIC PROGRAMS. 2871582 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 55 0 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 TN X X LARRY FELTS 6158731257 41 PEABODY STREET NASHVILLE TN 37210 BILL BROWN VOTING MEMBER 0.00 X 0 0 0 MICHAEL BURCHAM DR VOTING MEMBER 0.00 X 0 0 0 BETH CHASE CHAIR EMERITUS 0.00 X X 0 0 0 MARK DEUTSCHMANN VOTING MEMBER 0.00 X 0 0 0 BRIAN FOX VOTING MEMBER 0.00 X 0 0 0 BOBBY FRIST BOARD CHAIR 0.00 X X 0 0 0 MAX GOLDBERG VOTING MEMBER 0.00 X 0 0 0 JOHN INGRAM CHAIR EMERITUS 0.00 X X 0 0 0 JESSA KELLEY SECRETARY 0.00 X X 0 0 0 STACEY GARRETT KOJU GOVERNANCE CHAIR 0.00 X X 0 0 0 ANDY MOATS VOTING MEMBER 0.00 X 0 0 0 ROD MCDANIEL VOTING MEMBER 0.00 X 0 0 0 JANET MILLER PAST CHAIR 0.00 X X 0 0 0 JUDITH BRIGHT VOTING MEMBER 0.00 X 0 0 0 SHARON REYNOLDS DEVELOPMENT CHAIR 0.00 X X 0 0 0 COURTNEY ROSS VOTING MEMBER 0.00 X 0 0 0 STEVE SCHNUR VOTING MEMBER 0.00 X 0 0 0 SAURABH SINHA VICE CHAIR 0.00 X X 0 0 0 MICHAEL SLAVIK FINANCE CHAIR 0.00 X 0 0 0 JORGE TITINGER VOTING MEMBER 0.00 X 0 0 0 DAMON WHITESIDE VOTING MEMBER 0.00 X 0 0 0 JOHN ZARLING VOTING MEMBER 0.00 X 0 0 0 SHANI DOWELL VOTING MEMBER 0.00 X 0 0 0 ADEL ELMESSIRY DR VOTING MEMBER 0.00 X 0 0 0 COCO KYRIOPOULOS VOTING MEMBER 0.00 X 0 0 0 SAMUEL DAVIDSON CEO 40.00 X 239506 0 4886 MIRA HANNA VP OF OPERATIONS 40.00 X 127500 0 4866 DONNA MATTICK CHIEF STRATEGIC ALLIANCE O 40.00 X 170000 0 7688 ANTHONY RAGLAND SVP OF CONNECTIONS PARTIAL 40.00 X 26461 0 340 ANGELA MAY SVP MARKETING & COMMUNICAT 40.00 X 154500 0 18113 DAKOTA SIMPSON VP OF PROGRAMS PARTIAL 40.00 X 114000 0 8180 831967 0 44073 5 0 1 0 4FOCUS LLC 41 PEABODY ST NASHVILLE TN 37210 ACCOUNTING AND ADVISORY SERVICES 108000 1 479853 442100 1675916 2597869 PROGRAM INCOME 541900 217452 217452 217452 62348 62348 93291 0 93291 93291 93291 889 0 889 889 889 OTHER INCOME 900099 2824 2824 2824 2974673 217452 0 159352 X 831967 607035 92486 132446 728747 531724 81010 116013 102550 74980 12233 15337 114149 83499 12628 18022 127377 100376 11103 15898 631666 564597 33099 33970 270676 223228 19511 27937 41902 41261 77 564 102693 80717 9037 12939 PROGRAM EXPENSES 206953 206953 GENERAL OPERATING EXPEN 194089 119641 5990 68458 NEXT AWARDS 190189 190189 MARKETING EXPENSES 50198 47382 1158 1658 3593156 2871582 278332 443242 1075134 441620 60718 100574 57489 65729 4450867 1892773 2660787 2558094 1055480 1221416 4909608 4387433 57116 124486 6300 12396 63416 136882 X 3945374 3515986 900818 734565 4846192 4250551 4909608 4387433 -618483 22842 0 X 0 1 X 1 0 X 2458704 2576558 2864821 3049539 2623912 13573534 2458704 2576558 2864821 3049539 2623912 13573534 13573534 63319 79446 96255 78497 93291 410808 13984342 2114255 0.97060 0.97330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 577927 100000 44519 722446 517669 60258 577927 586549 -68880 517669 443532 100000 43017 586549 304951 100000 38581 443532 0.16949 0.83051 0 0 3515499 986498 2529001 908368 879275 29093 27000 27000 0 2558094 MUTUAL FUNDS 206706 F EXCHANGE TRADED FUNDS 243781 F U. S. TREASURY BONDS 495506 F CASH & CASH EQUIVALENTS 54472 F CERTIFICATES OF DEPOSIT 220951 F 1221416 X 3150935 22842 153420 176262 2974673 0 2974673 3746576 153420 153420 3593156 0 3593156 PART X, LINE 2: NASHVILLE ENTREPRENEUR CENTER IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3); ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. NEC ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAT NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR NEC INCLUED, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, NEC HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. X 0 0 0 0 0 0 0 0 0 SAMUEL DAVIDSON CEO 225000 0 14506 0 0 0 0 0 4886 0 244392 0 0 0 DONNA MATTICK CHIEF STRATEGIC ALLIANCE O 170000 0 0 0 0 0 0 0 7688 0 177688 0 0 0 ANGELA MAY SVP MARKETING & COMMUNICAT 150000 0 4500 0 0 0 0 0 18113 0 172613 0 0 0 PART I, LINE 3 COMPENSATION OF THE CEO IS SUBJECT TO APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. LARRY FELTS CURRENT CHIEF FINANCIAL OFFICER 108000 LARRY FELTS IS MANAGING MEMBER OF 4FOCUS, LLC WHICH PROVIDES ACCOUNTING AND CONSULTING SERVICES FOR NASHVILLE ENTREPRENEUR CENTER. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY MEMBERS OF MANAGEMENT AND THE FINANCE COMITTEE OF THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. IN ADDITION, WE HAVE PROVIDED A FULL COPY OF THE 990 TO THE BOARD OF DIRECTORS PRIOR TO FINALIZING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, EMPLOYEES AND OTHER INDIVIDUALS ARE ASKED TO DISCLOSE POTENTIAL CONFLICTS WHICH ARE REVIEWED AND ANY ACTION IS TAKEN AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES COMPENSATION DATA FROM COMPARABLE ORGANIZATIONS AS AVAILABLE VIA PAYSCALE.COM TO DETERMINE THE COMPENSATION OF ITS OFFICERS, DIRECTORS, AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE TAX RELATED INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL/HR FEES: PROGRAM SERVICE EXPENSES 16,971. MANAGEMENT AND GENERAL EXPENSES 1,900. FUNDRAISING EXPENSES 2,720. TOTAL EXPENSES 21,591. TECH FEES: PROGRAM SERVICE EXPENSES 31,874. MANAGEMENT AND GENERAL EXPENSES 3,569. FUNDRAISING EXPENSES 5,110. TOTAL EXPENSES 40,553. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 7,615. MANAGEMENT AND GENERAL EXPENSES 835. FUNDRAISING EXPENSES 18,210. TOTAL EXPENSES 26,660. PROGRAM CONTRACTS AND PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 225,706. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,706. NEXT AWARDS PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 91,852. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,852. INTERN STIPEND FEES: PROGRAM SERVICE EXPENSES 65,249. MANAGEMENT AND GENERAL EXPENSES 20,656. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,905. MARKETING FEES: PROGRAM SERVICE EXPENSES 125,330. MANAGEMENT AND GENERAL EXPENSES 6,139. FUNDRAISING EXPENSES 7,930. TOTAL EXPENSES 139,399.