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Nonprofiteer
← ADVANCE MEMPHIS

Form 990 for tax year 2024

Filed by ADVANCE MEMPHIS.

Totals

Total revenue
$2,379,102
Total expenses
$2,311,410
Contributions and grants received
$1,366,749
Grants paid
$0
Program service revenue
$801,697
Investment income
-$660
Other revenue
$211,316
Total assets, end of year
$2,959,815
Total liabilities, end of year
$113,520
Net assets or fund balances, end of year
$2,846,295
Program services expenses (Part IX)
$1,742,954
Management and general expenses
$380,397
Fundraising expenses
$188,059
Program service expenses (Part III)
$1,742,954

Program services were 75.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • FRED HOLMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRIS SANTIROJPRAPAI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JESSICA HART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KYLE KREBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • HUNTER ACOSTA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LEANNE SCULL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAN BUTLER

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    1
  • STEPHEN NASH

    EXECUTIVE DIRECTOR

    Total calculated
    $153,180
    From this org
    $148,912
    From related orgs
    $0
    Other
    $4,268
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,912
    Bonus
    $0
    Other
    $0
    Deferred
    $2,575
    Nontaxable benefits
    $1,693
    Filer's total
    $153,180

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
AFTER REVIEWING THE YEAR-END FINANCIALS, THE BOARD WILL APPROVE A SET AMOUNT OF PAY INCREASE FOR THE EXECUTIVE DIRECTOR'S SALARY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
4 November 2025
IRS schema version
2024v5.2
Source object
202523089349303507

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