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Nonprofiteer
← MEMPHIS LIFT PARENT INSTITUTE

Form 990 for tax year 2023

Filed by MEMPHIS LIFT PARENT INSTITUTE.

Totals

Total revenue
$1,540,912
Total expenses
$985,838
Contributions and grants received
$1,540,830
Grants paid
$0
Program service revenue
$0
Investment income
$82
Other revenue
$0
Total assets, end of year
$4,262,941
Total liabilities, end of year
$472,436
Net assets or fund balances, end of year
$3,790,505
Program services expenses (Part IX)
$626,892
Management and general expenses
$358,946
Fundraising expenses
$0
Program service expenses (Part III)
$626,892

Program services were 63.6% 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

    $1,540,830

  • 3 · Investment income

    total $82 · excluded $82

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $121,403 · management and general $121,403

  • 7 · Other salaries and wages

    total $366,341 · program services $234,973 · management and general $131,368

  • 9 · Other employee benefits

    total $65,767 · program services $52,600 · management and general $13,167

  • 10 · Payroll taxes

    total $38,990 · program services $18,842 · management and general $20,148

  • 11g · Fees: other

    total $155,482 · program services $125,722 · management and general $29,760

  • 13 · Office expenses

    total $22,980 · program services $13,892 · management and general $9,088

  • 14 · Information technology

    total $32,795 · program services $16,707 · management and general $16,088

  • 16 · Occupancy

    total $387 · program services $301 · management and general $86

  • 17 · Travel

    total $55,055 · program services $54,661 · management and general $394

  • 22 · Depreciation, depletion and amortization

    total $5,853 · program services $4,651 · management and general $1,202

  • 24a · Other expenses: EVENTS

    total $84,981 · program services $83,055 · management and general $1,926

  • 24b · Other expenses: MISC GEN & ADMIN

    total $34,975 · program services $20,659 · management and general $14,316

  • 24c · Other expenses: PROFESSIONAL DEVELOPMENT

    total $829 · program services $829

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,051,428 · end of year $2,897,473

  • 10a · Land, buildings and equipment: cost or other basis

    $1,377,962

  • 10b · Land, buildings and equipment: accumulated depreciation

    $29,690

  • 10c · Land, buildings and equipment, net

    beginning of year $201,207 · end of year $1,348,272

  • 15 · Other assets

    end of year $17,196

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,204 · end of year $455,240

  • 25 · Other liabilities

    end of year $17,196

  • 27 · Net assets without donor restrictions

    beginning of year $3,219,009 · end of year $3,774,083

  • 28 · Net assets with donor restrictions

    beginning of year $16,422 · end of year $16,422

Mission and programs · 2023

Mission

TO BUILD WIDESPREAD DEMAND FOR HIGH QUALITY SCHOOLS AND RADICAL CHANGES IN PUBLIC EDUCATION TO DISRUPT SYSTEMATIC EDUCATIONAL INEQUALITY THROGH CHOICE AND HEALTHY COMPETITION.

Activities or mission (Part I)

TO BUILD WIDESPREAD DEMAND FOR HIGH QUALITY SCHOOLS AND RADICAL CHANGES IN PUBLIC EDUCATION TO DISRUPT SYSTEMATIC EDUCATIONAL INEQUALITY THROUGH CHOICE AND HEALTHY COMPETITION.

  • PUBLIC ADVOCATE FELLOWSHIP PROVIDES 100 PARENTS ANNUALLY FROM ALL OVER THE CITY WITH THE EDUCATION AND TOOLS THEY NEED TO BECOME ACTIVE PARTICIPANTS IN THE PUBLIC CONVERSATION ABOUT EDUCATION IN MEMPHIS. THE COURSE IS 10 WEEKS LONG WITH A CURRICULUM THAT BECOMES MORE COMPELLING AND COMPREHENSIVE WITH EACH COHORT.

    Expenses $211,343

  • THE SURGE TEAM IS THE MEMPHIS LIFT'S TEAM OF PARENT ORGANIZERS. THE SURGE TEAM DEVOTES THEMSELVES TO MEETING AND EDUCATING PARENTS WHERE THEY ARE-AT THEIR DOORS, AT A SCHOOL PICK UP LINE OR AT CHURCH-AND BUILDS THAT INITIAL CONVERSATION INTO A RELATIONSHIP THAT CAN BE LEVERAGED TO MAKE THE VOICE OF PARENTS EVEN GREATER IN THE CONVERSATION ABOUT MEMPHIS SCHOOLS. FROM CANVASSING TO HOSTING SPEAKER SERIES TO RALLYING PARENTS ON QUICK TURNAROUNDS TO MAKE THEIR PRESENCE KNOWN AT THE LEGISLATURE IN NASHVILLE, THE SURGE TEAM IS CONSTANTLY IN THE ORGANIZING BUSINESS.

    Expenses $271,768

  • CHOICE COUNSELING HELPS BUILD AWARENESS IN PRIORITY SCHOOL COMMUNITIES THAT PARENTS HAVE EDUCATIONAL OPTIONS AND PROVIDES PARENTS WITH THE RESOURCES AND EDUCATION THEY NEED TO NAVIGATE THE COMPLEX EDUCATION SYSTEM AND MAKE THE BEST EDUCATIONAL CHOICE FOR THEIR CHILD. IN ADDITION TO OFFERING RESOURCES AND EDUCATION, CHOICE COUNSELING OFFERS THE MUCH NEEDED SOUNDING BOARD TO MANY PARENTS.

    Expenses $69,948

  • SPECIAL EDUCATION - THE MEMPHIS LIFT SPECIAL EDUCATION DEPARTMENT (SPED) TEAM IS HERE TO HELP FAMILIES WHEN SCHOOLS OFTEN DON'T MEET THE INDIVIDUAL ACADEMIC AND BEHAVIORAL NEEDS OF STUDENTS EVEN THOUGH THEY HAVE A CLEARLY DEFINED INDIVIDUALIZED EDUCATION PLAN (IEP) OR 504. PARENTS GET FRUSTRATED AND ANGRY AND HAVE UNPRODUCTIVE MEETINGS WITH PRINCIPALS, TEACHERS AND SUPPORT STAFF. WE TEACH, SUPPORT AND GUIDE PARENTS TO SHOW THEM HOW TO MOVE FROM EMOTION TO ADVOCACY SO YOUR CHILD CAN SUCCEED. SPED HELPS ANY PARENT WHO BELIEVES THEIR CHILD MAY NEED TO BE TESTED FOR SERVICES, HAS A CHILD WHO ALREADY CARRIES A DOCUMENT (IEP OR 504), AND/OR SUPPORTS A CHILD WITH SPECIAL NEEDS.

    Expenses $73,833

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sarah Carpenter

    EXECUTIVE DI

    Total calculated
    $121,403
    From this org
    $121,403
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Nedra Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Al Bright

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Reggie Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Toya Harvey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Courtney Jennings

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Margo Roen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.0
Source object
202443209349317309

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