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Tennessee · Nonprofit

TENNSMART CONSORTIUM INC

TENNSMART CONSORTIUM INC (Tennessee) receives grants from 2 organizations whose IRS filings report $811,167 to it, the largest being TENNESSEE TECHNOLOGY DEVELOPMENT CORP ($751,167). 2 of them have funded it in more than one year.

Revenue FY2024
$392k
Funders on record
2
Grants received
$811k
Net assets
$201k
2/2 repeat funderspeak grant-dependency 53%
01What it does

What Tennsmart Consortium Inc does

Mission

The tennsmart consortium brings leaders from the public and private sectors together to accelerate the development and deployment of new intelligent mobility innovations in tennessee. In an increasingly connected world, opportunities abount to leverage new technologies to save time, cost and energy in the efficient movement of people and freight. Tennsmart consortium serves as a collaborative forum for key stakeholders in the automotive and trucking industries, municipalities, universities and research institutions to address intelligent mobility opportunities together that no one organization could attain alone.

As stated on its FY2024 Form 990.

Programs

  1. Semi-annual conferences - the organization holds two yearly conferences in order for members to network with peers and industry stakeholders and hear presentations on innovative new projects and initiatives.

    $50,529 spent$107,000 earned by the program
    17% of program spending
  2. Automotive & mobility mentor network program - the goal of this program is to grow the automotive, transportation and mobility sector in tennessee by mentoring entrepreneurs who are bringing new technologies and solutions to the market. The program pairs mentors with promising new companies through a structured process.

  3. Other program services, not described on the e-filed return.

    $248,176 spent$110,000 earned by the program
    83% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $298,705.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($135k) Expenses 100 ($127k) Net assets 100 ($41k)2019 Revenue 93 ($125k) Expenses 104 ($132k) Net assets 82 ($34k)2020 Revenue 104 ($141k) Expenses 91 ($116k) Net assets 141 ($58k)2021 Revenue 142 ($192k) Expenses 117 ($149k) Net assets 244 ($100k)2022 Revenue 412 ($556k) Expenses 318 ($405k) Net assets 609 ($251k)2023 Revenue 415 ($560k) Expenses 485 ($618k) Net assets 470 ($194k)2024 Revenue 290 ($392k) Expenses 302 ($385k) Net assets 488 ($201k)
2018201920202021202220232024
Revenue (290)Expenses (302)Net assets (488)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $100k to $251k (+150%).

$41k
$34k
$58k
$100k
$251k
$194k
$201k
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 27% · 2023 40% · 2024 45%. Grants only. Government contracts and fees sit inside program revenue.

45% of TENNSMART CONSORTIUM INC’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$8k
’18
−$7k
’19
$24k
’20
$42k
’21
$151k
’22
−$57k
’23
$7k
’24
6.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Rich Davies

Chairman

As listed on its FY2024 Form 990.

202220232024
Listed131314
Joined·+3+4
No longer listed·33
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $50k → $299k.

Funder
'21
'22
'23
'24*
'25*
total
$60k
funders
1
1
2
1
2

From the IRS filings of TENNSMART CONSORTIUM INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TENNSMART CONSORTIUM INC leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TENNSMART CONSORTIUM INC.

93%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 100% · 2023 83% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of TENNSMART CONSORTIUM INC's grant income comes from Tennessee funders.

TN

In-state vs out-of-state, by year

’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TENNSMART CONSORTIUM INC has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin2% · below the median
Months of reserve6.3mo · below the median
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like TENNSMART CONSORTIUM INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 18%Fundraising 4%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for TENNSMART CONSORTIUM INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TENNSMART CONSORTIUM INC?
TENNSMART CONSORTIUM INC (Tennessee) receives grants from 2 organizations whose IRS filings report $811,167 to it, the largest being TENNESSEE TECHNOLOGY DEVELOPMENT CORP ($751,167). 2 of them have funded it in more than one year.
How many funders does TENNSMART CONSORTIUM INC have?
IRS filings report 2 organizations giving $811,167 in grants to TENNSMART CONSORTIUM INC, 2 of which have funded it in more than one year.
Who is the largest funder of TENNSMART CONSORTIUM INC?
TENNESSEE TECHNOLOGY DEVELOPMENT CORP is the largest funder on record, with $751,167 in grants. The full list of funders is on this page.
How can an organization like TENNSMART CONSORTIUM INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Tennsmart Consortium →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing