Totals
- Total revenue
- $2,333,263
- Total expenses
- $2,522,661
- Contributions and grants received
- $1,773,540
- Grants paid
- $0
- Program service revenue
- $513,203
- Investment income
- $46,520
- Other revenue
- $0
- Total assets, end of year
- $3,120,627
- Total liabilities, end of year
- $699,668
- Net assets or fund balances, end of year
- $2,420,959
- Program services expenses (Part IX)
- $2,327,048
- Management and general expenses
- $123,888
- Fundraising expenses
- $71,725
- Program service expenses (Part III)
- $2,327,048
Program services were 92.2% 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.
-
1b · Membership dues
$104,915
-
1f · All other contributions, gifts and grants
$1,668,625
-
1g · Noncash contributions included above
$70,819
-
2a · Program service revenue: TUITION
total $462,320 · related or exempt $462,320
-
2b · Program service revenue: INITIATIVES, EVENTS, A
total $50,883 · related or exempt $50,883
-
3 · Investment income
total $46,520 · excluded $46,520
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $150,000 · program services $125,763 · management and general $16,917 · fundraising $7,320
-
7 · Other salaries and wages
total $594,658 · program services $496,503 · management and general $70,737 · fundraising $27,418
-
9 · Other employee benefits
total $91,025 · program services $84,770 · fundraising $6,255
-
10 · Payroll taxes
total $51,093 · program services $41,208 · management and general $7,329 · fundraising $2,556
-
11c · Fees: accounting
total $52,827 · program services $51,607 · management and general $715 · fundraising $505
-
11f · Fees: investment management
total $16,732 · management and general $16,732
-
11g · Fees: other
total $371,324 · program services $362,751 · management and general $5,026 · fundraising $3,547
-
12 · Advertising and promotion
total $701,616 · program services $689,420 · fundraising $12,196
-
14 · Information technology
total $44,942 · program services $43,147 · fundraising $1,795
-
16 · Occupancy
total $98,039 · program services $94,543 · fundraising $3,496
-
17 · Travel
total $16,857 · program services $14,873 · management and general $1,271 · fundraising $713
-
22 · Depreciation, depletion and amortization
total $12,023 · program services $10,235 · management and general $954 · fundraising $834
-
24a · Other expenses: MEALS AND ENTERTAINMENT
total $110,683 · program services $108,095 · management and general $2,112 · fundraising $476
-
24b · Other expenses: SUPPLIES
total $83,634 · program services $82,382 · management and general $646 · fundraising $606
-
24c · Other expenses: MISCELLANEOUS
total $52,464 · program services $51,415 · management and general $0 · fundraising $1,049
-
24d · Other expenses: FACILITY RENTAL
total $21,152 · program services $21,152 · management and general $0 · fundraising $0
-
24e · All other expenses
total $53,592 · program services $49,184 · management and general $1,449 · fundraising $2,959
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $507,539 · end of year $528,050
-
3 · Pledges and grants receivable
beginning of year $20,312 · end of year $126,321
-
4 · Accounts receivable
beginning of year $534,370 · end of year $475,594
-
9 · Prepaid expenses and deferred charges
beginning of year $26,159 · end of year $31,957
-
10a · Land, buildings and equipment: cost or other basis
$116,536
-
10b · Land, buildings and equipment: accumulated depreciation
$116,536
-
10c · Land, buildings and equipment, net
beginning of year $12,024 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,876,884 · end of year $1,958,705
-
17 · Accounts payable and accrued expenses
beginning of year $131,864 · end of year $192,613
-
19 · Deferred revenue
beginning of year $286,020 · end of year $507,055
-
27 · Net assets without donor restrictions
beginning of year $1,916,172 · end of year $1,772,754
-
28 · Net assets with donor restrictions
beginning of year $643,232 · end of year $648,205
Mission and programs · 2022
Mission
A CITY IS ONLY AS STRONG AS IT'S BASE OF COMMUNITY LEADERS. FOR 40 YEARS LEADERSHIP MEMPHIS HAS FOCUSED ON BRINGING LEADERS TOGETHER TO LEARN ABOUT THEIR COMMUNITY. WHAT IS GOING ON? WHAT IS AND ISN'T WORKING? WHO IS DOING WHAT? HOW DOES COMMUNITY WORK BEST? WHERE CAN I HAVE THE MOST IMPACT? IN ANSWERING QUESTIONS SUCH AS THESE, PARTICIPANTS CAN LEVERAGE THEIR DEEPER COMMUNITY LEARNING INTO GREATER COMMUNITY IMPACT. THUS, MANY NETWORKS ARE FORMED TO MAKE A MEANINGFUL DIFFERENCE.
Activities or mission (Part I)
WE PREPARE AND MOBILIZE LEADERS TO WORK TOGETHER FOR THE GOOD OF THE WHOLE COMMUNITY.
-
DURING FY2023 LEADERSHIP MEMPHIS OFFERED TWO PROGRAMS: THE EXECUTIVE PROGRAM AND THE FASTTRACK PROGRAM IN SPRING AND IN THE FALL. A TOTAL OF 141 INDIVIDUALS COMPLETED AND GRADUATED FROM THEIR RESPECTIVE PROGRAM. EXECUTIVE PROGRAM PARTICIPANTS COMPLETED 120 HOURS OF COURSE WORK AND FASTTRACK PARTICIPANTS 40 HOURS. MORE THAN 120+ LEARNING JOURNEYS TOOK PLACE OUTSIDE THE CLASS SETTING AND 120+ DOING JOURNEYS (VOLUNTEER PROJECTS) WERE COMPLETED IN CONJUNCTION WITH VOLUNTEER MEMPHIS. THEEXECUTIVES ENGAGED IN SERVICE AND LEARNING PROJECTS IN OVER EIGHT DISADVANTAGED NEIGHBORHOODS AROUND THE CITY OF MEMPHIS.
Expenses $2,041,532 · Revenue $1,758,110
-
VOLUNTEER MEMPHIS (VM) WAS PREVIOUSLY KNOWN AS VOLUNTEER MID-SOUTH. IT BECAME AN ACTION INITIATIVE OF LEADERSHIP MEMPHIS IN 2015 AND STRIVES TO INCREASE VOLUNTEERISM THROUGHOUT THE MEMPHIS AREA. DURING FY2023 VM PRODUCED THE 4-DAY MLK DAYS OF SERVICE FEATURING 91 SERVICE PROJECTS WITH 51COMMUNITY PARTNERS AND MORE THAN 1,253 VOLUNTEERS. VM HELD AND/OR PARTICIPATED IN MULTIPLE HEALTH FAIRS WITH OVER 3100 ATTENDEES. VM ALSO HOSTED THE VOLUNTEER MEMPHIS AWARDS TO RECOGNIZE OVER 300,000 PEOPLE WHO VOLUNTEER IN THE MEMPHIS AREA EVERY YEAR. NEARLY 300 INDIVIDUALS, NONPROFITS AND BUSINESSES WERE NOMINATED FOR AWARDS IN 8 CATEGORIES THAT ACCUMULATED 25,000 VOTES AND THE AWARDS RECEPTION HAD MORE THAN 200 ATTENDEES. COMPANIES WORK WITH VOLUNTEER MEMPHIS TO ORGANIZEEMPLOYEE SERVICE PROJECTS AND INDIVIDUALS; FAMILIES AND TEAMS CAN VISIT THE VM WEBSITE TO FIND VOLUNTEER OPPORTUNITIES POSTED BY NONPROFITS IN SEARCH OF VOLUNTEERS.
Expenses $285,516 · Revenue $28,958
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Valerie MorrisVALERIE MORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shirley FordSHIRLEY FORD
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Shunji Brown-WoodsSHUNJI BROWN-WOODS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vernon Stafford JrVERNON STAFFORD JR
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ginger PilgramGINGER PILGRAM
AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Belinda AndersonBELINDA ANDERSON
AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Ted TownsendTED TOWNSEND
AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Percie Strong-JenkinsPERCIE STRONG-JENKINS
AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Rene BustamanteRENE BUSTAMANTE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Edmund FordEDMUND FORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jean MortonJEAN MORTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Patrice RobinsonPATRICE ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Linda SawyerLINDA SAWYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sylvester TateSYLVESTER TATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chuck UtterbackCHUCK UTTERBACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marvin WhiteMARVIN WHITE
ALUMNI ENGAGEMENT CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Joanna CrangleJOANNA CRANGLE
AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Jim CroneJIM CRONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paul HaughtPAUL HAUGHT
PROGRAMS CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Marlinee IversonMARLINEE IVERSON
VOLUNTEER MEMPHIS CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
James KirkwoodJAMES KIRKWOOD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kimmie McNeil VaulxKIMMIE MCNEIL VAULX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kandace StewartKANDACE STEWART
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dan WeddleDAN WEDDLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nikia BellNIKIA BELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Williams BrackWILLIAMS BRACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah ColleySARAH COLLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tabitha GlennTABITHA GLENN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Justin MerrickJUSTIN MERRICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve SwainSTEVE SWAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Reggie CrenshawREGGIE CRENSHAW
PRESIDENT & CEO
- Total calculated
- $157,318
- From this org
- $150,000
- From related orgs
- $0
- Other
- $7,318
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,318
- Filer's total
- $157,318
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
None.
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
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
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401319349302135
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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