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Nonprofit · EIN 45-5186181

ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC

Tax-exempt · JACKSON, TN 38305

Financials

$799K$653K2023$916K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$916,080$1,074,793-$158,713$1,046,940$6,417$1,040,523
June 30, 2024990$799,360$652,870$146,490$1,147,326$4,790$1,142,536
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$673,327
of which government grants
$210,644
Membership dues
$87,275
Program service revenue
$233,198
Investment income
$9,555
Other revenue
$0

Expenses

Grants and similar amounts paid
$157,501
Compensation of officers, directors and key employees
$120,070
Other salaries and wages
$278,044
Salaries, compensation and benefits (total)
$428,519
Professional fundraising fees
$0
Accounting fees
$8,838
Occupancy
$57,387
Travel
$4,246
Depreciation
$36,261
Program services (functional)
$991,319
Management and general (functional)
$83,474

Balance sheet and other

Total assets, start of year
$1,147,326
Total assets, end of year
$1,046,940
Total liabilities, end of year
$6,417
Net assets, end of year
$1,040,523
Land, buildings and equipment
$648,584
Net assets without donor restrictions
$1,040,523
Gross receipts
$916,080
Employees
8
Volunteers
40
Year formed
2012
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lisa GarnerCEO
Trustee or director, Officer
40$95,000
Ben HarrisCOO
Trustee or director, Officer
40$25,070
Austin ThompsonDirector
Trustee or director
1$7,245
Ben FergusonChairman
Trustee or director, Officer
1$0
William DonnellCTO
Trustee or director, Officer
1$0
Lisa PierceyDirector
Trustee or director
1$0
Stephen EldridgeTreasurer/Secretary
Trustee or director, Officer
2$0
Kevin AdelsbergerDirector
Trustee or director
1$0
Raina ShultsDirector
Trustee or director
1$0
Mandy WhiteDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
LISA GARNERCEO
Trustee or director, Officer
40$95,000
BEN HARRISCOO
Trustee or director, Officer
40$25,070
AUSTIN THOMPSONDIRECTOR
Trustee or director
1$6,000
KEVIN ADELSBERGERDIRECTOR
Trustee or director
1$0
WILLIAM DONNELLCTO
Trustee or director, Officer
1$0
STEPHEN ELDRIDGETREASURER/SE
Trustee or director, Officer
2$0
BEN FERGUSONCHAIRMAN
Trustee or director, Officer
1$0
ANDRE GISTDIRECTOR
Trustee or director
1$0
FRANK LAWRENCEDIRECTOR
Trustee or director
1$0
LISA PIERCEYDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
541 WILEY PARKER RD, JACKSON, TN 38305-2226
In care of
% LISA GARNES
Principal officer (990 for 2024)
Lisa Garner, 541 Wiley Parker Rd, Jackson, TN 38305
Signed the 990
Lisa Garner, CEO
Phone
(731) 554-5555
Return prepared by
ATA Advisory LLC

Mission

The Entrepreneur Development Center assists aspiring small business owners by providing education, mentoring, training and knowledge to assist them in their quest to become entrepreneurs. Entrepreneurship can do more than just create jobs; it can create new ways to address the challenges that reside in our community. Our mission is to connect entrepreneurs with the critical resources they need to create, build and grow their businesses. These critical resources are experienced mentors, capital, training, knowledge and a supportive community. Related programs to this mission include a coding academy for high school students; funding for medical device research activities for local physcians; and a local life style magazine focused toward community opportunities and business.

990 for the year ended June 30, 2025

Program accomplishments

  • The Entrepreneur Development Center assists aspiring small business owners by providing education, mentoring, training and knowledge to assist them in their quest to become entrepreneurs. Entrepreneurship can do more than just create jobs; it can create new ways to address the challenges that reside in our community. Our mission is to connect entrepreneurs with the critical resources they need to create, build and grow their businesses. These critical resources are experienced mentors, capital, training, knowledge and a supportive community.
    Expenses $986,991 · grants $157,501 · revenue $233,198
  • Driving Innovation - mobile labs providing business and entrepreneur development resources for demonstration and training
    Expenses $4,328
  • Provide coding education and training for high school students including exploration of the opportunities available in this area as a career.
  • CoStarters program to train developing entrepreneurs, Our Jackson Home magazine, various workshops and a mobile demonstration and training vehicle.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-5186181
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,046,940
Income (IRS master file)
$916,080

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$916,080$1,074,793$1,046,940XML
990June 2024$799,360$652,870$1,147,326XML
990June 2023$640,119$605,051$945,144IRS
990June 2022$610,826$748,707$909,692IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-5186181).

Questions about ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC

What is the EIN of ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC?
The employer identification number (EIN) of ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC is 45-5186181.
Is ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC?
The 990 for the year ended June 30, 2025 names Lisa Garner.
Who are the officers and directors of ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC?
The 990 for the year ended June 30, 2025 lists 10 people; 3 received compensation from the organization, the highest $95,000 (Lisa Garner, CEO).
How much revenue does ENTREPRENEUR DEVELOPMENT CENTER SOUTHWEST TENNESSEE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $916,080, expenses of $1,074,793 and total assets of $1,046,940 at year end.

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