Professional & Business Association
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Professional & Business Association is a 501(c)(3) organization based in Collegedale, Tennessee, registered in 1969, with $1,023,717 in FY2024 revenue. CharityIndex grades it C+.
Po Box 467, Collegedale, TN, 37315 EIN 62-6081777 Since 1969
Revenue (FY2024)
$1.0M
▲ 43.7% vs prior year
Expenses (FY2024)
$826K
Net assets
$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Professional & Business Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating54 mo reserves · +19% 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 Professional & Business Association: 54 mo reserves · +19% margin earns a A 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 Professional & Business Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Professional & Business Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 467, Collegedale, TN, 37315
- City
- Collegedale
- State
- Tennessee
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $548K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $16.7MNet assets $3.7M
Operating margin
19.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20.4M
Total liabilities
$16.7M
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,023,717▲43.7% | $825,515▲41.1% | $3,690,898▲5.7% | $20,373,430▲2.2% | 990 |
| 2023 | $712,307▲48.9% | $585,022▲47.5% | $3,492,696▲3.8% | $19,941,577▲18.7% | 990 |
| 2022 | $478,427▼2.9% | $396,676▼1.6% | $3,365,411▲2.5% | $16,793,769▲3.1% | 990 |
| 2021 | $492,571▼5.7% | $403,158▼4.3% | $3,283,660▲2.8% | $16,289,186▼7.7% | 990 |
| 2020 | $522,194▲12.8% | $421,094▲9.5% | $3,194,247▲3.3% | $17,642,734▲5.8% | 990 |
| 2019 | $463,081▼4.3% | $384,496▼2.6% | $3,093,147▲2.6% | $16,681,571▲4.6% | 990 |
| 2018 | $483,858▼8.1% | $394,784▼8.8% | $3,014,363▲3.0% | $15,952,822▼7.4% | 990 |
| 2017 | $526,483▼2.0% | $432,654▼12.1% | $2,925,289▲3.3% | $17,227,267▼6.6% | 990 |
| 2016 | $537,080▲3.1% | $492,014▼4.7% | $2,831,460▲1.9% | $18,443,604▲1.2% | 990 |
| 2015 | $520,780▲4.6% | $516,050▲17.5% | $2,778,616▲0.2% | $18,228,462▲9.7% | 990 |
| 2014 | $497,749▼9.2% | $439,039▼12.9% | $2,773,907▲2.2% | $16,615,601▼3.1% | 990 |
| 2013 | $548,010 | $503,785▼38.8% | $2,715,177▲1.9% | $17,138,883▼8.7% | 990 |
| 2011 | — | $823,800▼7.8% | $2,665,617▲2.8% | $18,761,998▼10.8% | 990 |
| 2010 | — | $893,745 | $2,593,407 | $21,041,181 | 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.
Frequently asked questions
- Is Professional & Business Association a legitimate nonprofit?
- Yes. Professional & Business Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-6081777, based in Collegedale, Tennessee. Donations are tax-deductible.
- What is Professional & Business Association's EIN?
- Professional & Business Association's Employer Identification Number (EIN) is 62-6081777.
- How much revenue does Professional & Business Association report?
- Professional & Business Association reported $1,023,717 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Professional & Business Association have?
- CharityIndex grades Professional & Business Association C+, based on financial health (reserves and operating margin).
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Data for Professional & Business Association (EIN 62-6081777) 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.