Totals
- Total revenue
- $2,445,286
- Total expenses
- $988,653
- Contributions and grants received
- $2,407,747
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $3,371
- Other revenue
- $34,168
- Total assets, end of year
- $3,203,316
- Total liabilities, end of year
- $109,465
- Net assets or fund balances, end of year
- $3,093,851
- Program services expenses (Part IX)
- $821,199
- Management and general expenses
- $167,454
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $821,199
Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,407,747
-
1g · Noncash contributions included above
$4,986
-
3 · Investment income
total $3,971 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $16,200
-
6c · Rental income or loss
real property $16,200
-
6d · Net rental income or loss
total $16,200 · related or exempt $16,200
-
7a · Gross sales of assets other than inventory
securities -$600
-
7c · Gain or loss
securities -$600
-
7d · Net gain or loss
total -$600 · related or exempt -$600 · unrelated business $0 · excluded $0
-
11a · Other revenue: Miscellaneous
total $11,300 · related or exempt $11,300 · unrelated business $0 · excluded $0
-
11b · Other revenue: Program Administration Fees
total $6,668 · related or exempt $6,668 · unrelated business $0 · excluded $0
-
11c · Other revenue: Contributed Services-Legal
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$17,968
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $501,057 · program services $351,057 · management and general $150,000 · fundraising $0
-
14 · Information technology
total $18,302 · program services $18,302 · management and general $0 · fundraising $0
-
16 · Occupancy
total $10,554 · program services $10,554 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $1,881 · program services $1,881 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $31,479 · program services $14,459 · management and general $17,020 · fundraising $0
-
23 · Insurance
total $8,972 · program services $8,971 · management and general $1 · fundraising $0
-
24a · Other expenses: Awards & Grants
total $310,822 · program services $310,822 · management and general $0 · fundraising $0
-
24b · Other expenses: Contract Srvices
total $71,576 · program services $71,576 · management and general $0 · fundraising $0
-
24c · Other expenses: Donated Legal Services
total $4,986 · program services $4,986 · management and general $0 · fundraising $0
-
24d · Other expenses: Training & Development
total $1,459 · program services $1,459 · management and general $0 · fundraising $0
-
24e · All other expenses
total $27,565 · program services $27,132 · management and general $433 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,504,078 · end of year $1,515,823
-
3 · Pledges and grants receivable
beginning of year $127,901 · end of year $651,817
-
4 · Accounts receivable
beginning of year $6,897 · end of year $37,117
-
7 · Other notes and loans receivable
end of year $883,016
-
9 · Prepaid expenses and deferred charges
beginning of year $10,763 · end of year $3,282
-
10a · Land, buildings and equipment: cost or other basis
$112,261
-
10c · Land, buildings and equipment, net
beginning of year $11,532 · end of year $112,261
-
17 · Accounts payable and accrued expenses
beginning of year $28,940 · end of year $4,271
-
23 · Secured mortgages and notes payable
end of year $105,194
-
27 · Net assets without donor restrictions
beginning of year $346,836 · end of year $770,937
-
28 · Net assets with donor restrictions
beginning of year $1,285,395 · end of year $2,322,914
Mission and programs · 2022
Mission
Revitalize neighborhoods A non-profit community development program to invest in rebuilding the neighborhood for better human living ability.
-
Uplifting communities and neighborhoods The program targets three (3) communities in the Memphis area which includes Greater Binghampton, Frayser and upper South Memphis. we focus on investing in a limited scope of neighborhoods to maximize on all resources available to the neighborhood to empower and improve life of the communites residents.
Expenses $821,199 · Grants $2,700,116 · Revenue $2,450,272
As filed on the 2022 return.
Listed in Part VII
-
Victoria Young
Board Chair
- Total calculated
- $0
- Hours/week
- 3
-
Caleb Park
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 3
-
Andre Gist
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Gaylan Fitzpatrick
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Luther Mercer
President
- Total calculated
- $0
- Hours/week
- 45
-
Ben Fox
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Lara Payne
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Deveney Perry
Ex Officio
- Total calculated
- $0
- Hours/week
- 3
-
Ben Schulman
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Andre' Wilkes
Board Member
- Total calculated
- $0
- Hours/week
- 3
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.
Grants on this return
-
$36,960
CDC Capacity
-
$17,300
CDC Capacity
-
$17,300
CDC Capacity
-
$15,900
CDC Capacity
-
$15,900
CDC Capacity
-
$15,840
CDC Capacity
-
$15,840
CDC Capacity
-
CDC Capacity
-
$12,800
CDC Capacity
-
$10,300
CDC Capacity
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420439349301437
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.