2023-11-13T13:56:41-06:00 2023-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2022-07-01 581475675 PENCIL FOUNDATION PENC 6152423167 7199 COCKRILL BEND BOULEVARD NASHVILLE TN 37209 ANGIE ADAMS PRESIDENT & CEO 6152423167 2023-11-13 1 ANGIE ADAMS 999009999 1 FRANCES E LEAHY P00713593 6152427351 2023-11-10 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANGIE ADAMS 7199 COCKRILL BEND BOULEVARD NASHVILLE TN 37209 9298582 0 X WWW.PENCILFORSCHOOLS.ORG X 1982 TN LINK COMMUNITY RESOURCES TO METRO PUBLIC SCHOOL STUDENTS TO HELP THEM SUCCEED & PREPARE FOR LIFE 58 58 61 2398 0 0 7085493 8843876 0 0 42337 31576 15193 12625 7143023 8888077 4624876 5150713 0 0 1606815 2210219 0 0 476492 583979 1251100 6815670 8612032 327353 276045 3991693 4033458 1433102 1101125 2558591 2932333 X PENCIL'S MISSION IS LINKING COMMUNITY RESOURCES TO METRO NASHVILLE PUBLIC SCHOOLS (MNPS) TO HELP YOUNG PEOPLE ACHIEVE ACADEMIC SUCCESS AND PREPARE FOR LIFE. AT PENCIL, WE ARE COMMITTED TO ENRICHING STUDENT SUCCESS THROUGH TANGIBLE, ACTIVE, AND ROBUST COMMUNITY PARNERSHIPS, MOST NOTABLY AS PENCIL PARTNERS. OUR PENCIL 2025 STRATEGIC PLAN IDENTIFIES ACTIVITIES BASED ON URGENT MNPS STUDENT AND TEACHER NEEDS, ENSURING WE WILL CONTINUE DEEPENING OUR SUPPORT TO NASHVILLE PUBLIC SCHOOLS. THIS WORK INCLUDES IMPROVING TEACHER ACCESS TO CRUCIAL CLASSROOM SUPPLIES, ENGAGING IN-CLASS AND VIRTUAL VOLUNTEERS, DEFINING AND IMPLEMENTING AN EQUITY VISION FOR ALL ASPECTS OF PENCIL, FACILITATING OUTSIDE GRANTS TO MNPS THAT SUPPORT THEIR STRATEGIC INITIATIVES, AND ELIMINATING GEOGRAPHIC AND SCHEDULING BARRIERS TO MENTORSHIP SUCCESS. 0 0 661931 PENCIL PARTNERS ARE BUSINESSES AND ORGANIZATIONS COMMITTED TO STUDENT SUCCESS THROUGH ORGANIZED, COORDINATED ACTIVITIES THAT MATCH THE UNIQUE ATTRIBUTES OF EACH PARTNER WITH THE SPECIFIC NEEDS OF EACH SCHOOL OR ACADEMY. BY LEVERAGING OUR WIDE NETWORK OF BUSINESS CONTACTS AND COMPREHENSIVE KNOWLEDGE OF NASHVILLE SCHOOLS, PENCIL CONNECTS BUSINESSES AND SCHOOLS IN CUSTOMIZED, MEANINGFUL WAYS THAT DIRECTLY HELP METRO STUDENTS ACHIEVE SUCCESS IN SCHOOL AND IN LIFE. WE MANAGE THESE RELATIONSHIPS BY FACILITATING COMMUNICATION, PROVIDING ACTIVITY IDEAS, SUPPORTING VOLUNTEER MANAGEMENT, AND HELPING THE SCHOOL AND PARTNER DEVELOP A YEAR-LONG ACTION PLAN. IN ADDITION, PENCIL HOSTS THE PENCILMEIN615.ORG WEBSITE WHERE SCHOOLS, PARTNERS, AND INDIVIDUALS LOG THEIR VOLUNTEER HOURS AND IN-KIND GIFTS. IN FY23 WE CONTINUED TO GROW PENCIL CONNECT, AN ONLINE PLATFORM WHERE COMMUNITY MEMBERS CAN REGISTER FOR SCHOOL-BASED SERVICE OPPORTUNITIES THAT CELEBRATE STUDENTS, DEMONSTRATE APPRECIATION FOR TEACHERS, AND ENGAGE FAMILIES, AS WELL AS CONNECT INDUSTRY EXPERTS TO STUDENTS FOR CAREER EXPLORATION EXPERIENCES. 4023745 3531391 THE DG PENCIL BOX EXISTS TO REMOVE BARRIERS TO LEARNING FOR METRO STUDENTS BY ENSURING CLASSROOMS ARE STOCKED WITH NECESSARY SUPPLIES - AND SO TEACHERS DON'T HAVE TO SPEND THEIR OWN MONEY TO PURCHASE THESE SUPPLIES. IN FY23, WE BROADENED ACCESSIBILITY TO CORE SCHOOL SUPPLIES FOR MNPS EDUCATORS BY INVITING THEM TO SHOP ONCE A MONTH DURING THE SCHOOL YEAR AT OUR WEST NASHVILLE LOCATION AND BY PROVIDING PRODUCT THROUGH DIRECT-TO-SCHOOL DELIVERIES, POP-UPS, GIVEAWAYS, AND LARGE-SCALE TEACHER APPRECIATION PROJECTS. IN TOTAL, THE DG PENCIL BOX DISTRIBUTED MORE THAN $3.51 MILLION IN PRODUCT, A SUBSTANTIAL INCREASE OVER THE PRIOR YEAR. WE LOGGED 4,045 UNIQUE SHOPPING VISITS, WITH THE AVERAGE VISIT YIELDING APPROXIMATELY $460 WORTH OF SUPPLIES. THROUGH OUR SUMMER TOGETHER 4 TEACHERS PROJECT, WE DISTRIBUTED TOTE BAGS OF HIGHLY-REQUESTED, ESSENTIAL EDUCATIONAL MATERIALS AND CELEBRATED HUNDREDS OF METRO TEACHERS WITH A TEACHER PEP RALLY BEFORE CLASSES BEGAN. AT LEAST 350 MNPS TEACHERS RECEIVED SCHOOL SUPPLIES, CLASSROOM INCENTIVES, BOOKS, AND MORE AT THE INAUGURAL THANKS A MILLION EVENT IN MAY.IN FY23, WE ALSO LAUNCHED OUR LP STEAM LENDING LIBRARY TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS WITH EQUITABLE ACCESS TO STEAM RESOURCES, SERVING MORE THAN 3,000 MNPS STUDENTS IN OUR FIRST YEAR OF THE PROJECT. 3274116 1619322 GRANTS TO MNPS-PENCIL CONTINUED TO BE A GRANTMAKING PARTNER TO MNPS BY PASSING-THROUGH MORE THAN $2.7M IN FUNDS TO SUPPORT THE ACCELERATING SCHOLARS INITIATIVE AND ITS FOCUS ON HIGH-IMPACT TUTORING, PARTICULARLY LITERACY TUTORING FOR STUDENTS IN GRADES 1-3. OUR GRANTMAKING PARTNERSHIP WORK WILL CONTINUE TO EVOLVE AS WE SUPPORT THE STRATEGIC PLAN OF MNPS BY RECRUITING FINANCIAL RESOURCES TO SUPPORT KEY INITIATIVES THAT DIRECTLY AND POSITIVELY IMPACT STUDENTS. 7959792 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 61 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 58 58 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X ANGIE ADAMS 6152423167 7199 COCKRILL BEND BLVD NASHVILLE TN 37209 WESLEY PAYNE CHAIR 3.00 X X 0 0 0 HASINA MOHYUDDIN VICE CHAIR 2.00 X X 0 0 0 KENNY CRAPSE TREASURER 2.00 X X 0 0 0 MEREDITH JONES-LONG SECRETARY 2.00 X X 0 0 0 NORMAN L MERRIFIELD IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 CHUCK ABBOTT DIRECTOR 1.00 X 0 0 0 BRITTANY ADAMS DAVIS DIRECTOR 1.00 X 0 0 0 KFIR ALEXANDRONI DIRECTOR 1.00 X 0 0 0 HERBERT BROWN DIRECTOR 1.00 X 0 0 0 THOMAS BURNS DIRECTOR 1.00 X 0 0 0 BRITNEY CLINE DIRECTOR 1.00 X 0 0 0 KASON DAVIS DIRECTOR 1.00 X 0 0 0 ALLEN DECUYPER DIRECTOR 1.00 X 0 0 0 JOSH DEPRIEST DIRECTOR 1.00 X 0 0 0 KIRSTEN DODSON DIRECTOR 1.00 X 0 0 0 JOHN DOERGE DIRECTOR 1.00 X 0 0 0 FLYNNE DOWDY DIRECTOR 1.00 X 0 0 0 SHANI DOWELL DIRECTOR 1.00 X 0 0 0 HALEY EAKIN DIRECTOR 1.00 X 0 0 0 REBECCA FAIR DIRECTOR 1.00 X 0 0 0 JOSE FERREIRA DIRECTOR 1.00 X 0 0 0 TODD FIGLER DIRECTOR 1.00 X 0 0 0 ROBERT FISHER DIRECTOR 1.00 X 0 0 0 JOAN FLEMING DIRECTOR 1.00 X 0 0 0 JACKY GOMEZ DIRECTOR 1.00 X 0 0 0 LESHANE GREENHILL DIRECTOR 1.00 X 0 0 0 JEFF GREGG DIRECTOR 1.00 X 0 0 0 EMILY LAURITSON-GRUENING DIRECTOR 1.00 X 0 0 0 LILA HALL DIRECTOR 1.00 X 0 0 0 RACHEL HAWKSWORTH DIRECTOR 1.00 X 0 0 0 JACQUELINE HAYES DIRECTOR 1.00 X 0 0 0 HERMAN HICKS DIRECTOR 1.00 X 0 0 0 OLIVIA HILL DIRECTOR 1.00 X 0 0 0 COLLEEN HOY DIRECTOR 1.00 X 0 0 0 KAITLYN JONES DIRECTOR 1.00 X 0 0 0 WHITNEY KALB DIRECTOR 1.00 X 0 0 0 NICOLE KEEFE DIRECTOR 1.00 X 0 0 0 AMANI KELLY DIRECTOR 1.00 X 0 0 0 DEVIN LINTZENICH DIRECTOR 1.00 X 0 0 0 JOHN MCCOY DIRECTOR 1.00 X 0 0 0 BLAKE MCDANIEL DIRECTOR 1.00 X 0 0 0 CANDICE MCQUEEN DIRECTOR 1.00 X 0 0 0 RAUL MIRANDA DIRECTOR 1.00 X 0 0 0 PERRY MOULDS DIRECTOR 1.00 X 0 0 0 ELLIOTT NOBLE-HOLT DIRECTOR 1.00 X 0 0 0 ELIZABETH PAPEL DIRECTOR 1.00 X 0 0 0 BRANDYN PAYNE DIRECTOR 1.00 X 0 0 0 NICOLE PROVONCHEE DIRECTOR 1.00 X 0 0 0 KENTRICK ROBINSON DIRECTOR 1.00 X 0 0 0 NICOLE ROBINSON-HAMILTON DIRECTOR 1.00 X 0 0 0 MIKE RUSSELL DIRECTOR 1.00 X 0 0 0 SUE SPICKARD DIRECTOR 1.00 X 0 0 0 ZULFAT SUARA DIRECTOR 1.00 X 0 0 0 RACHAEL TERRELL DIRECTOR 1.00 X 0 0 0 JACQUIE THOMAS DIRECTOR 1.00 X 0 0 0 JENNIFER WADE DIRECTOR 1.00 X 0 0 0 DON WALKER DIRECTOR 1.00 X 0 0 0 ROBYN WILLIAMS DIRECTOR 1.00 X 0 0 0 ANGIE ADAMS PRESIDENT 40.00 X 158935 0 12416 KELLY ROLF CHIEF PHILANTHROPY OFFICER 40.00 X 100319 0 10246 259254 0 22662 2 0 1 0 TUTORED BY TEACHERS 2093 PHILADELPHIA PIKE 7265 CLAYMONT DE 19703 VIRTUAL TUTORING SERVICES TO MNPS 214125 GOSCHOOLBOX 1975 FARDON AVENUE LOS ALTOS CA 94024 TUTORING PLATFORM AND SUPPORT FOR MNPS 150000 2 344971 2150916 6347989 4043390 8843876 29869 29869 317043 315336 1707 1707 1707 106699 344971 95169 11530 11530 MISCELLANEOUS REVENUES 900003 1095 1095 1095 8888077 1095 0 43106 5150713 5150713 189604 66361 28441 94802 1735764 1441919 62651 231194 28652 23370 1146 4136 112229 94524 2574 15131 143970 113367 6729 23874 622 622 83293 66095 3797 13401 8268 8268 409214 376308 8817 24089 72703 38213 14068 20422 50154 40538 2209 7407 10008 9214 102 692 40648 33449 5477 1722 52604 46430 2205 3969 19835 16163 864 2808 EQUIPMENT 257193 229998 13014 14181 PROGRAMS AND EVENTS 242993 212058 13664 17271 DONOR CULTIV. & RECOGNI 3565 1072 1100 1393 8612032 7959792 175748 476492 709387 16479 45044 71106 1359937 1577782 512725 808735 100340 109336 485622 288221 250005 197401 955856 1193014 58399 59605 3991693 4033458 1433102 811125 290000 1433102 1101125 X 1836505 2007397 722086 924936 2558591 2932333 3991693 4033458 276045 97697 0 X X 0 1 X 1 1 1 X 3026517 3474102 5152890 7085493 8843876 27582878 3026517 3474102 5152890 7085493 8843876 27582878 168657 27414221 21486 20300 17366 36736 29869 125757 11250 6371 11530 29151 46614 14353 1627 21468 1095 85157 27822943 0.98530 0.98860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 396860 176378 54689 3524 3359 621044 187292 250523 -37431 3524 396860 59344 107360 24075 3009 388 187292 60715 125 2008 3101 403 59344 57627 100 3358 370 60715 0.29920 0.70080 1 0 430090 246564 183526 55532 41657 13875 197401 X 9316701 97697 235758 333455 8983246 -95169 -95169 8888077 8942959 235758 95169 330927 8612032 0 8612032 PART V, LINE 4: THE ENDOWMENT AT THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE WAS ESTABLISHED FOR GENERAL OPERATING PURPOSES AND FOLLOWS THE GUIDELINES SET BY THE COMMUNITY FOUNDATION. PENCIL'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED BY DONORS TO BE HELD IN PERPETUITY, INCLUDING GIFTS REQUIRING THAT THE PRINCIPAL BE INVESTED, AND THE INCOME OR SPECIFIC PORTIONS THEREOF BE USED TO PROVIDE LONG-TERM STABLITY FOR PENCIL. PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING PENCIL'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -95,169. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 95,169. A LITTLE NIGHT OF MUSIC 371614 265072 106542 38157 35507 BACK TO SCHOOL BREAKFAST 80056 79899 157 14932 6573 451670 344971 106699 53089 42080 95169 11530 1 METROPOLITAN NASHVILLE PUBLIC SCHOOLS 2601 BRANSFORD AVE NASHVILLE TN 37204 620717138 1619322 3531391 FMV SCHOOL SUPPLIES PROVIDED TO STUDENTS AND THEIR TEACHERS LITERACY GRANT, SUMMER/FALL TUTOR STIPENDS 1 0 PART I, LINE 2: PENCIL'S ADMINISTRATIVE STAFF, USING DIRECTION PROVIDED BY THE BOARD EXECUTIVE COMMITTEE, REVIEW GRANT REQUESTS TO ASSURE THAT THEY MEET THE NEEDS OF METRO NASHVILLE PUBLIC SCHOOLS (MNPS) AND ARE FINANCIALLY REASONABLE GIVEN THE PROJECT OBJECTIVES. APPROPRIATE DOCUMENTATION IS REQUIRED PRIOR TO FUNDS BEING DISBURSED. LIKEWISE, TEACHER SUPPLY STORE STAFF REQUIRE VALID MNPS EMAIL ADDRESSES WHEN TEACHERS MAKE APPOINTMENTS TO SHOP AT THE STORE. STAFF CONFIRM WHICH MNPS SCHOOL EACH TEACHER WORKS AT WHEN THEY ARRIVE FOR SHOPPING. X X 0 0 0 0 0 0 0 0 0 ANGIE ADAMS PRESIDENT 158935 0 0 0 0 0 5453 0 6963 0 171351 0 0 0 PART I, LINE 3 THE PRESIDENT'S SALARY IS EVALUATED FREQUENTLY BY USE OF DATA PROVIDED BY NASHVILLE'S CENTER FOR NONPROFIT MANAGEMENT AND OTHER SURVEY TOOLS, AND IS APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. X 1 107189 SALES PRICE OF STOCK X 5 4764 COMPARABLE SALES X SCHOOL SUPPLIES 126 3808401 COMPARABLE SALES X AUCTION ITEMS 79 73976 SALES PRICE OF ITEMS X EVENT SUPPLIES 4 49000 COMPARABLE SALES X TICKETS 1 60 COMPARABLE SALES 0 0 0 0 PART I, COLUMN (B): PENCIL ACCEPTS DONATIONS OF SCHOOL SUPPLIES TO BE DISTRIBUTED TO TEACHERS THROUGH THE DG PENCIL BOX, OUR FREE TEACHER RESOURCE CENTER. THIS YEAR, ORGANIZATIONS AND INDIVIDUALS DONATED $3,808,401 WORTH OF ITEMS REPRESENTING A WIDE VARIETY OF SUPPLIES FOR DISTRIBUTION THROUGHOUT THE 2022-23 ACADEMIC YEAR. THESE SUPPLIES ARE THEN USED IN PUBLIC SCHOOL CLASSROOMS ACROSS NASHVILLE AND GIVEN TO STUDENTS WHO COULD NOT AFFORD TO PURCHASE THEM OTHERWISE. ADDITIONALLY, PENCIL RECEIVED A WIDE VARIETY OF ITEMS DONATED TO OUR SILENT AUCTION AND WINE PULL; AND WE RECEIVED DONATIONS OF WINE, SPIRTS AND BEER FOR OUR A LITTLE NIGHT OF MUSIC EVENT PARTICIPANTS. PENCIL ALSO RECEIVED ONE HUNDRED AIRFARE TICKET VOUCHERS FOR OUR SILENT AUCTION, EMPLOYEE TRAVEL, AND TEACHER APPRECIATION. DURING 2023, PENCIL RECEIVED A DONATION OF 783 SHARES OF 4 PUBLICLY TRADED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B PENCIL'S FORM 990 IS REVIEWED ANNUALLY BY MEMBERS OF PENCIL'S EXECUTIVE COMMITTEE. THE TREASURER IS A MEMBER OF THE EXECUTIVE COMMITTEE AND ASSURES THAT THE RETURN IS PRESENTED TO THE COMMITTEE PRIOR TO BEING MADE AVAILABLE TO THE FULL BOARD. PENCIL'S CEO IS A RESOURCE TO THE EXECUTIVE COMMITTEE TO ADDRESS ANY CONCERNS. ADDITIONALLY, THE FULL BOARD RECEIVES THE RETURN FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PRESENTED ANNUALLY DURING BOARD ORIENTATION WITH NEW MEMBERS AND AT THE FIRST BOARD MEETING OF THE FISCAL YEAR FOR ALL MEMBERS. ANY BOARD MEMBERS WHO MISS BOTH PRESENTATIONS ARE FOLLOWED-UP WITH INDIVIDUALLY BY STAFF AND RECEIVE A COPY OF THE POLICY FOR THEIR REVIEW AND SIGNATURE TO DOCUMENT RECEIPT AND UNDERSTANDING. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT IS CONDUCTED EACH YEAR BY A COMBINATION OF THE CURRENT BOARD CHAIR, THE IMMEDIATE PAST BOARD CHAIR AND OTHER EXECUTIVE COMMITTEE MEMBERS. THE PRESIDENT'S SALARY IS EVALUATED FREQUENTLY BY USE OF DATA PROVIDED BY NASHVILLE'S CENTER FOR NONPROFIT MANAGEMENT AND OTHER SURVEY TOOLS. STAFF COMPENSATION IS EVALUATED AND UPDATED REGULARLY BASED ON JOB RESPONSIBILITIES, THE LOCAL EMPLOYMENT MARKET AND DATA PROVIDED BY KNOWLEDGEABLE BOARD MEMBERS IN THE HR PROFESSION. FORM 990, PART VI, SECTION C, LINE 19 A DISCLOSURE FILE THAT CONTAINS APPLICATION FOR EXEMPTION AND THREE YEARS OF 990 FILINGS IS MAINTAINED BY PENCIL EXECUTIVE STAFF AT THE PENCIL OFFICE. AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST AND ARE A MATTER OF PUBLIC RECORD EASILY VIEWED THROUGH GIVINGMATTERS.COM, THE ONLINE NONPROFIT WEBSITE HOUSED BY THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE. GIVINGMATTERS.COM IS ALSO LINKED TO GUIDESTAR. FORM 990, PART XII, LINE 2C: PENCIL'S EXECUTIVE COMMITTEE PROVIDES OVERSIGHT OF THE AUDIT AND ENGAGES ANNUALLY WITH THE AUDITORS THE RECEIVE THE REPORT AND ANY FEEDBACK. DURING FY23 PENCIL FORMED AN AD HOC GROUP OF BOARD MEMBERS WITH FINANCE SKILLS TO SERVE AS THE TEAM WHO WILL EVALUATE OUR AUDIT RELATIONSHIP ANNUALLY, SELECT OUR AUDIT TEAM, AND PROVIDE A DEEPER REVIEW OF FINANCIALS AND OTHER KEY FINANCE MATTERS.