Totals
- Total revenue
- $31,346,711
- Total expenses
- $30,097,321
- Contributions and grants received
- $21,375,859
- Grants paid
- $1,702,334
- Program service revenue
- $10,230,503
- Investment income
- -$162,798
- Other revenue
- -$96,853
- Total assets, end of year
- $49,415,614
- Total liabilities, end of year
- $2,227,735
- Net assets or fund balances, end of year
- $47,187,879
- Program services expenses (Part IX)
- $25,885,249
- Management and general expenses
- $3,162,236
- Fundraising expenses
- $1,049,836
- Program service expenses (Part III)
- $25,885,249
Program services were 86.0% 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.
-
1c · Fundraising events
$378,554
-
1e · Government grants (contributions)
$15,499,677
-
1f · All other contributions, gifts and grants
$5,497,628
-
1g · Noncash contributions included above
$3,286,890
-
2a · Program service revenue: Program Fees
total $10,230,503 · related or exempt $10,230,503
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $286,171 · excluded $286,171
-
6a · Gross rents
real property $15,930
-
6c · Rental income or loss
real property $15,930 · personal property $0
-
6d · Net rental income or loss
total $15,930 · related or exempt $15,930
-
7b · Less cost or other basis and sales expenses
securities $448,969
-
7c · Gain or loss
securities -$448,969 · other assets $0
-
7d · Net gain or loss
total -$448,969 · excluded -$448,969
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$378,554
-
8b · Fundraising events: direct expenses
$227,310
-
8c · Net income from fundraising events
total -$227,310 · excluded -$227,310
-
11a · Other revenue: Miscellaneous Revenue
total $95,493 · related or exempt $95,493
-
11b · Other revenue: Insurance Claims Received
total $19,034 · related or exempt $19,034
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$114,527
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,702,334 · program services $1,702,334
-
5 · Compensation of officers, directors and key employees
total $972,954 · management and general $972,954
-
7 · Other salaries and wages
total $15,829,509 · program services $14,024,819 · management and general $1,160,848 · fundraising $643,842
-
8 · Pension plan contributions
total $211,018 · program services $173,604 · management and general $29,444 · fundraising $7,970
-
9 · Other employee benefits
total $1,750,255 · program services $1,439,934 · management and general $244,217 · fundraising $66,104
-
10 · Payroll taxes
total $1,214,971 · program services $999,555 · management and general $169,529 · fundraising $45,887
-
11g · Fees: other
total $1,131,052 · program services $1,007,090 · management and general $123,962 · fundraising $0
-
12 · Advertising and promotion
total $127,162 · program services $36,260 · management and general $1,726 · fundraising $89,176
-
13 · Office expenses
total $257,586 · program services $171,232 · management and general $49,291 · fundraising $37,063
-
16 · Occupancy
total $1,572,969 · program services $1,255,628 · management and general $317,341
-
17 · Travel
total $94,446 · program services $86,840 · management and general $6,069 · fundraising $1,537
-
19 · Conferences, conventions and meetings
total $236,159 · program services $219,864 · management and general $16,142 · fundraising $153
-
22 · Depreciation, depletion and amortization
total $1,264,213 · program services $1,210,726 · management and general $49,495 · fundraising $3,992
-
23 · Insurance
total $360,327 · program services $289,994 · management and general $67,485 · fundraising $2,848
-
24a · Other expenses: Partner Agreements
total $1,267,047 · program services $1,267,047
-
24b · Other expenses: Supplies
total $1,001,482 · program services $940,030 · management and general $51,193 · fundraising $10,259
-
24c · Other expenses: Client Services
total $589,397 · program services $483,242 · fundraising $106,155
-
24d · Other expenses: Food
total $506,661 · program services $506,661
-
24e · All other expenses
total $7,779 · program services $70,389 · management and general -$97,460 · fundraising $34,850
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,888,874 · end of year $3,337,826
-
3 · Pledges and grants receivable
beginning of year $4,093,746 · end of year $3,335,810
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $12,968 · end of year $1,298
-
10a · Land, buildings and equipment: cost or other basis
$44,922,525
-
10b · Land, buildings and equipment: accumulated depreciation
$7,041,581
-
10c · Land, buildings and equipment, net
beginning of year $36,181,136 · end of year $37,880,944
-
11 · Investments: publicly traded securities
beginning of year $3,562,159 · end of year $4,712,693
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $19,111 · end of year $147,043
-
17 · Accounts payable and accrued expenses
beginning of year $2,196,628 · end of year $2,227,735
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $38,974,650 · end of year $42,870,190
-
28 · Net assets with donor restrictions
beginning of year $6,586,716 · end of year $4,317,689
Mission and programs · 2023
Mission
Empowering children and families to achieve a healthy, optimal and independent lifestyle.
-
Porter-Leath Preschool - Provides quality preschool education and supportive wraparound services for eligible four-year old children. Porter-Leath's five preschools averaged 98.4 out of 100 on the State of Tennessee's Quality Rating Improvement System (QRIS) Report Card. The QRIS is mandatory for all licensed providers and measures a preschool's quality of child care in two major areas: health and safety, and teacher-child interactions.
Expenses $8,309,326
-
Early Head Start - Provides quality preschool education and supportive wraparound services for eligible children ages six-weeks to three. Also provides in-home parental services for pregnant mothers and families. The National Head Start Association (NHSA) named the Porter-Leath Early Head Start a Program ofExcellence. NHSA's Program ofExcellenceAccreditation recognizes and supports the outstanding performance of Head Start and Early Head Start grant recipients across the country. This designation is earned by up to 25 programs each year that consistently demonstrateexcellencein program management and service performance and continually support the achievement of robust outcomes for children birth to five years old, pregnant women, families and the communities where they live.
Expenses $7,758,171
-
Next Memphis - A shared service program model that helps independent child care providers reduce costs and improve outcomes, so that they can direct more of their attention and resources into the classroom and to families.
Expenses $1,017,609 · Grants $1,702,334
-
Porter-Leath continued to thrive in its 174th year of service to Memphis and Shelby County, Tennessee, with services reaching over 40,500 families in the last year. - Connections - Utilizes a trauma-informed universal approach addressing trauma, traumatic stress and related issues by promoting resilience to children throughout its foster care and residential programs. - Cornerstone - Gives newborns and preschool children the best start in life by helping pregnant mothers and parenting families in their homes, thereby reducing infant mortality and improving literacy and language skills. The National Parents as Teachers organization named Porter-Leath's Cornerstone early childhood home visitation program an exemplary Blue Ribbon Affiliate, delivering high-quality services to children and families. Cornerstone provides pregnant mothers as well as families of children from birth to age 5 with all of the proper tools necessary for positive child development. - Books From Birth - Promotes kindergarten readiness and strengthens family bonds in Shelby County by providing age-appropriate books for all children from birth to age five. Independent research affirmed Porter-Leath's earliest intervention strategy by concluding that students who receive 25-54 books from ages 0-5 from Porter-Leath's Books from Birth program had higher standardized test results, higher letter grades, and fewer behavior cases in the first through fifth grades than those who received fewer or no books. Books from Birth, the largest affiliate of The Dolly Parton Imagination Library in the United States, distributes 35,000 books per month to children ages 0-5 in Shelby County, Tennessee. - Early Success Coalition - Improving the lives of children by working to strengthen the network of caregivers and providers that serve these children. - Generations - To provide older Americans an opportunity to make a difference in the lives of disadvantaged children and young adults. - Teacher Excellence Program - Uses intentionally designed and data-informed professional development to prepare teachers to engage in high-quality, effective practices, thereby strengthening the knowledge and skill sets of early childhood educators, resulting in improved educational outcomes for children. Additional program and operating achievements include: - Porter-Leath was reaccredited by the Council on Accreditation, an independent, objective, and reliable verification that organizations and programs qualify for the confidence and support of their stakeholders. It involves a detailed review and analysis of an organization's or program's administrative functions and service delivery practices. All are measured against international standards of best practice. - Porter-Leathwas recognized with an MPACT Award from Slingshot Memphisfor being one of the top five most effective poverty-fighting organizations in Memphis. Slingshot partners with nonprofits to evaluate, improve best practices and financially support organizations working with families in Memphis. Over the last six years, Porter-Leath has consistently received high marks across their four evaluation domains: Cost/Benefit, Systems Change, Use of Best Practices and Measurement Infrastructure.
Expenses $8,800,143 · Revenue $10,360,960
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mark O'Malley
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Neva Reaves
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Sophie Duffel
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Abigail Urtz
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alison Henneberger
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Broderick Wamble
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Carol Seamons
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Charles Lampkin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Clark Price
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Emily Shortridge
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jack Stimac
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Lewis
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Laura Deakins
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay Krosnes
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mary Seratt
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Wilson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Monica Everett
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Patrice Thompson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rachel Levine
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Verlinda Henning
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Paul Makris
Chief Financial Officer
- Total calculated
- $174,888
- From this org
- $149,885
- From related orgs
- $0
- Other
- $25,003
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $146,885
- Bonus
- $3,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $25,003
- Filer's total
- $174,888
-
Sean Lee
President
- Total calculated
- $317,540
- From this org
- $244,864
- From related orgs
- $0
- Other
- $72,676
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $239,864
- Bonus
- $5,000
- Other
- $0
- Deferred
- $47,673
- Nontaxable benefits
- $25,003
- Filer's total
- $317,540
-
Dennis Fleming
Vice President
- Total calculated
- $119,277
- From this org
- $106,269
- From related orgs
- $0
- Other
- $13,008
- Hours/week
- 37.5
-
Dr Kelley Corbin
Vice President
- Total calculated
- $129,346
- From this org
- $117,103
- From related orgs
- $0
- Other
- $12,243
- Hours/week
- 37.5
-
Karen Harrell
Senior Vice President
- Total calculated
- $178,393
- From this org
- $148,605
- From related orgs
- $0
- Other
- $29,788
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $144,605
- Bonus
- $4,000
- Other
- $0
- Deferred
- $4,785
- Nontaxable benefits
- $25,003
- Filer's total
- $178,393
-
Rob Hughes
Vice President
- Total calculated
- $145,883
- From this org
- $103,080
- From related orgs
- $0
- Other
- $42,803
- Hours/week
- 37.5
-
Towanda Peete-Smith
Director
- Total calculated
- $121,662
- From this org
- $103,148
- From related orgs
- $0
- Other
- $18,514
- Hours/week
- 37.5
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 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 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
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
- 2023
- Filed
- 7 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530389349301203
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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