Douglas-cherokee Economic Authority Inc
Only null% goes to programs Strong reserves Declining revenue
Douglas-cherokee Economic Authority Inc is a 501(c)(3) organization based in Morristown, Tennessee, registered in 1968, with $23,834,217 in FY2024 revenue. CharityIndex grades it B.
Box 1218 Box 1218, Morristown, TN, 37816 EIN 62-0752586 Since 1968
Revenue (FY2024)
$23.8M
▼ 15.7% vs prior year
Education median: $200K
Expenses (FY2024)
$24.6M
Net assets
$16.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Douglas-cherokee Economic Authority Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating8 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Douglas-cherokee Economic Authority Inc: 8 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Douglas-cherokee Economic Authority Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Douglas-cherokee Economic Authority Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Box 1218 Box 1218, Morristown, TN, 37816
- City
- Morristown
- State
- Tennessee
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Website
- …
Financial trends
Revenue grew from $19.9M (FY2013) to $23.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.5MNet assets $16.2M
Operating margin
-3.1%
Spent more than it raised in the latest fiscal year.
Total assets
$18.8M
Total liabilities
$2.5M
Net assets
$16.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,834,217▼15.7% | $24,565,357▼7.5% | $16,238,512▼9.0% | $18,762,902▼3.4% | 990 |
| 2023 | $28,260,212▼6.9% | $26,545,583▼13.2% | $17,835,435▲10.6% | $19,418,699▲11.7% | 990 |
| 2022 | $30,366,317▲7.7% | $30,592,995▲11.3% | $16,120,806▼1.4% | $17,392,244▼17.5% | 990 |
| 2021 | $28,197,437▲1.5% | $27,475,562▲1.0% | $16,347,484▲4.6% | $21,080,694▲24.5% | 990 |
| 2020 | $27,779,644▲12.6% | $27,203,657▲15.1% | $15,625,609▲3.8% | $16,928,422▲0.4% | 990 |
| 2019 | $24,662,210▲2.0% | $23,627,046▲3.9% | $15,049,622▲7.4% | $16,863,846▲6.1% | 990 |
| 2018 | $24,184,522▲8.7% | $22,744,189▲7.0% | $14,014,458▲11.5% | $15,901,561▲9.3% | 990 |
| 2017 | $22,245,053▼2.3% | $21,252,520▼4.0% | $12,574,125▲8.6% | $14,542,832▲8.9% | 990 |
| 2016 | $22,773,206▲5.9% | $22,131,942▲7.7% | $11,581,592▲5.9% | $13,351,114▲8.5% | 990 |
| 2015 | $21,513,016▲5.4% | $20,550,231▲7.9% | $10,940,328▲9.7% | $12,304,892▼5.2% | 990 |
| 2014 | $20,417,865▲2.8% | $19,036,896▼3.3% | $9,977,420▲3.8% | $12,983,474▲13.4% | 990 |
| 2013 | $19,854,706 | $19,695,447▼1.9% | $9,608,331▲1.7% | $11,444,228▲3.9% | 990 |
| 2012 | — | $20,083,626▼0.3% | $9,449,072▲19.0% | $11,012,256▲18.1% | 990 |
| 2011 | — | $20,146,716▼6.9% | $7,937,371▲5.2% | $9,320,915▲2.5% | 990 |
| 2010 | — | $21,643,438 | $7,547,839 | $9,093,335 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $406K total
9 grants to Douglas-cherokee Economic Authority Inc totaling $406K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| East Tennessee Foundation | Disaster relief | 2024 | $18,000 |
| East Tennessee Foundation | Gen/oper support | 2023 | $10,000 |
| Save the Children Federation Inc | Education activity | 2021 | $303,303 |
| Dollywood Foundation | Program support | 2020 | $30,000 |
| East Tennessee Foundation | Gen/oper support | 2020 | $9,000 |
| East Tennessee Foundation | Program development | 2019 | $10,000 |
| East Tennessee Foundation | Program development | 2018 | $8,000 |
| East Tennessee Foundation | Program development | 2015 | $9,000 |
| East Tennessee Foundation | Youth development | 2014 | $8,540 |
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Frequently asked questions
- Is Douglas-cherokee Economic Authority Inc a legitimate nonprofit?
- Yes. Douglas-cherokee Economic Authority Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0752586, based in Morristown, Tennessee. Donations are tax-deductible.
- What is Douglas-cherokee Economic Authority Inc's EIN?
- Douglas-cherokee Economic Authority Inc's Employer Identification Number (EIN) is 62-0752586.
- How much revenue does Douglas-cherokee Economic Authority Inc report?
- Douglas-cherokee Economic Authority Inc reported $23,834,217 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Douglas-cherokee Economic Authority Inc have?
- CharityIndex grades Douglas-cherokee Economic Authority Inc B, based on financial health (reserves and operating margin).
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Data for Douglas-cherokee Economic Authority Inc (EIN 62-0752586) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.