MEMPHIS BUSINESS ACADEMY

As filed

Subsection

03

NTEE code

B29

Classification

2000

Street

2450 FRAYSER BLVD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

4 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• BLIT-BLACKS AND LATINOS IN TECH

  EIN 82-5327563

• CIUDAD HERMOSA MINISTRIES INC

  EIN 46-5284349

• HARMONY PLAZA REAL ESTATE INC

  EIN 38-4108024

• HIGHERUP

  EIN 81-5273136

Mission and programs · 2024

• THE MISSION OF THE SCHOOL IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF ELEMENTARY, MIDDLE AND HIGH SCHOOLS IN MATH, SCIENCE, SOCIAL STUDIES AND LANGUAGE ARTS WITH A BUSINESS/FINANCE EMPHASIS.

  Expenses $15,076,258 · Revenue $351,025

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $25,554,680

  Expenses

  $24,975,729

  Contributions

  $24,934,035

  Grants paid

  $0

• 2023

  Revenue

  $27,944,632

  Expenses

  $25,837,211

  Contributions

  $27,037,030

  Grants paid

  $0

• 2022

  Revenue

  $25,443,148

  Expenses

  $23,477,775

  Contributions

  $24,120,611

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $24,582,080

  Expenses

  $19,834,000

  Assets (EOY)

  $45,128,254

• 2020 · 990

  Revenue

  $21,343,740

  Expenses

  $16,936,074

  Assets (EOY)

  $29,884,603

• 2018 · 990

  Revenue

  $16,716,492

  Expenses

  $15,013,220

  Assets (EOY)

  $21,257,252

• 2017 · 990

  Revenue

  $14,294,578

  Expenses

  $13,595,493

  Assets (EOY)

  $15,667,725

• 2016 · 990

  Revenue

  $12,426,070

  Expenses

  $10,961,788

  Assets (EOY)

  $12,079,880

• 2015 · 990

  Revenue

  $9,390,512

  Expenses

  $8,517,090

  Assets (EOY)

  $11,003,735

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• 50CAN INC

  $433,600

  2024 · TO SUPPORT SUMMER BOOST

• 50CAN INC

  $245,440

  2023 · TO SUPPORT SUMMER BOOST

• LOCAL INITIATIVES SUPPORT CORPORATION

  $100,000

  2023 · SEE PART IV

• MEMPHIS EDUCATION FUND INC

  $20,000

  2022 · EDUCATIONAL SUPPORT

• BUILDING HOPE IMPACT FUND INC

  $20,000

  2023 · GENERAL SUPPORT

• NORTH AMERICAN CATHOLIC EDUCATIONAL PROGRAMMING FOUNDATION INC

  $0

  2023 · TO SUPPORT BROADBAND/TECHNOLOGY NEEDS OF THE ORGANIZATION

• NORTH AMERICAN CATHOLIC EDUCATIONAL PROGRAMMING FOUNDATION INC

  $0

  2024 · TO SUPPORT BROADBAND/TECHNOLOGY NEEDS OF THE ORGANIZATION

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files