Overview
What is Tennessee Quality Award Inc?
Tennessee Quality Award Inc, operating under the name Tennessee Center for Performance Excellence (TNCPE), is a nonprofit organization based in Nashville, Tennessee. Their primary mission is to foster organizational excellence within the state. TNCPE offers various training opportunities to organizations seeking to enhance their processes and outcomes, with most programs being affordable or free for public access. Interested organizations can attend application workshops to apply for TNCPE's evaluation and feedback program. The annual Excellence in Tennessee Conference features workshops focusing on criteria and performance improvement methods. TNCPE awards excellence to deserving organizations with their highest honor, offering best practice tours that provide attendees with valuable strategies for performance improvement. Additionally, TNCPE conducts custom training sessions and presentations for interested organizations. With a staff of three dedicated individuals, TNCPE is a valuable resource for organizations striving for excellence in Tennessee.
Official website here: www.tncpe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Tennessee Quality Award Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization has shown excellence in governance, with a board that is entirely independent, which enhances its credibility and transparency. The financial oversight processes are robust, as reflected in the perfect scores across various metrics, including an audit and oversight committee and a conflict of interest policy.
The organization's financial performance is also commendable, with a program expense ratio of 85.15%, demonstrating that a significant majority of its funds are allocated towards its mission and programs rather than administrative costs. Additionally, the liabilities to assets ratio of 0.32% suggests that the organization maintains a healthy financial position, minimizing risks associated with debts.
While the charity exhibits many strengths, the summary does not provide any specific limitations or areas for improvement. Overall, Tennessee Quality Award Inc stands out as a highly accountable and financially sound nonprofit, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Tennessee Quality Award Inc legitimate?
Tennessee Quality Award Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Quality Award Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,498
For more financial information, click here
Official website here: www.tncpe.org
What is the mission statement of Tennessee Quality Award Inc?
Tennessee Quality Award Inc, also known as Tennessee Center for Performance Excellence (TNCPE), aims to promote organizational excellence in its operations. Throughout the year, TNCPE offers training opportunities to organizations seeking to enhance their processes and outcomes. These programs, either free or low-cost, are accessible to the public. Interested organizations can attend TNCPE's application workshops to learn about the evaluation and feedback program. TNCPE also conducts workshops focusing on criteria and performance improvement methods during their annual Excellence in Tennessee Conference. When an organization wins TNCPE's highest honor, the Excellence Award, it receives a series of best practice tours, providing attendees with ideas for performance improvement strategies. Additionally, TNCPE offers custom training sessions and presentations to interested organizations.
Official website here: www.tncpe.org
Who is the CEO of Tennessee Quality Award Inc?
Heather Schoch is the President And Ceo of Tennessee Quality Award Inc. The CEO's salary of Tennessee Quality Award Inc is $125,000 and their total compensation is $125,000.
Official website here: www.tncpe.org
What is the revenue of Tennessee Quality Award Inc?
Tennessee Quality Award Inc's revenue in 2022 was $509,513.
Official website here: www.tncpe.org
Who are the executives of Tennessee Quality Award Inc and what are their salaries?
The average compensation at Tennessee Quality Award Inc during 2022 was $77,166. There are 3 employees and 70 volunteers at Tennessee Quality Award Inc.
Here are 19 key members and their salaries (Tennessee Quality Award Inc's CEO's salary is $125,000 and their total compensation is $125,000):
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Official website here: www.tncpe.org
Where can I find the form 990 for Tennessee Quality Award Inc?
Tennessee Quality Award Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tncpe.org
Learn more at the official website: www.tncpe.org
Mission Statement of Tennessee Quality Award Inc
Tennessee Quality Award Inc, also known as Tennessee Center for Performance Excellence (TNCPE), is committed to fostering organizational excellence within Tennessee. Their mission is to provide opportunities for improvement and enhancement of processes and outcomes for various organizations across the state. Throughout the year, they offer training programs that are either free or affordable, encouraging organizations to participate and learn from these sessions. Organizations interested in TNCPE's evaluation and feedback program can attend application workshops, while other workshops focusing on criteria and performance improvement methods are held during the annual Excellence in Tennessee Conference. When an organization is awarded TNCPE's highest honor, they offer a series of best practice tours. Attendees can gain insights from these tours, taking home performance improvement strategies. Additionally, TNCPE conducts custom training sessions and presentations for interested organizations.
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Impact
July, 2024
Tennessee Quality Award Inc, operating as Tennessee Center for Performance Excellence (TNCPE), has a significant impact on driving organizational excellence in Tennessee. Through its various training programs, workshops, and evaluation processes, TNCPE helps organizations improve their processes and achieve better results. By offering these services at low costs or for free and making them open to the public, TNCPE is democratizing access to resources that can lead to enhanced performance and competitiveness.
Furthermore, by recognizing outstanding achievements through the Excellence Awards and facilitating Best Practice Tours, TNCPE inspires other organizations to strive for excellence and learn from successful peers. The custom training sessions and presentations conducted by TNCPE also contribute to spreading knowledge and best practices in the community.
Overall, Tennessee Quality Award Inc's work through TNCPE positively impacts the state's business community, fostering a culture of continuous improvement and excellence that benefits not only the organizations directly involved but also the wider public through improved products, services, and economic contributions.
This information is meant to be a general summary of Tennessee Quality Award Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $298,572
- Gross Receipts: $509,513
Assets and Liabilities:
- Total Assets: $167,706
- Total Liabilities: $548
- Net Assets: $167,158
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALLIANCE PARTNERSHIPS
Revenue
$1,750
CONFERENCE & WORKSHOPS
Revenue
$217,297
AWARD PROGRAM
Revenue
$57,203
CRITERIA
Revenue
$22,322
Organization Details
Founding Year
1992
Principal Officer
Heather Schoch
Main Address
193 POLK AVE STE STE C, NASHVILLE, TN, 37210
Website
www.tncpe.orgNTEE Category
Code: W00 - Public benefit
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