- Revenue 2024
- $2,961,869
- Expenses 2024
- $3,573,668
Program services were 65.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S30
- Classification
- 1000
- Street
- 902 S COOPER ST
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).
Mission and programs · 2024
Mission
ACT AS THE HUB FOR ENTREPRENEURIAL SUPPORT IN MEMPHIS, CREATING 500 COMPANIES AND SERVING 1000 ENTREPRENEURS IN 10 YEARS THROUGH ATTRACTION AND DEVELOPMENT OF TALENT, CONVERTING IDEAS TO BUSINESSES, ATTRACTING CAPITAL, AND ASSISTING IN CUSTOMER ACQUISITION.
Activities or mission (Part I)
CREATES A JUST, INCLUSIVE, AND GROWING REGIONAL ECONOMY BY DRIVING STRATEGY AND MEASURING IMPACT AMONG A NETWORK OF PARTNERS TO INCREASE SUPPORT TO NEW AND EXISTING ENTREPRENEURS IN CONVERTING IDEAS TO BUSINESSES, DEVELOPING TALENT, ATTRACTING CAPITAL, AND ACQUIRING CUSTOMERS.
-
PROVIDING A FULL-RANGE OF ENTREPRENEURIAL SUPPORT SERVICES INCLUDING MENTORSHIP AND EXECUTIVES IN RESIDENCE, BOOT CAMP TRAINING, INCUBATION AND COWORKING, ATTRACTION OF NEW DEBT AND EQUITY CAPITAL, NETWORKING AND EVENTS, CORPORATE AND CUSTOMER ENGAGEMENT. WORKING WITH PARTNERS TO STRENGTHEN THE ENTREPRENEURIAL ECOSYSTEM SO THAT AVAILABLE RESOURCES ARE DEPLOYED EFFECTIVELY. SERVICES DESIGNED TO BRING BENEFITS OF ECONOMIC DEVELOPMENT TO ALL RESIDENTS OF MEMPHIS EQUITABLY, WITH DIVERSITY AND INCLUSION A CRITICAL PART OF ALL THAT EPICENTER DOES.
Expenses $2,324,261 · Revenue $30,273
As filed on the 2024 return.
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.
-
ANTHONY YOUNG
PRESIDENT & CEO
- Total calculated
- $32,750
- From this org
- $32,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
KAYLA GRAFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KOJO MCLENNON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
ALFRED WASHINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SPENCE WILSON JR
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
LISA ROSSMEYER WADE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
AARTI BOWMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
GLORIA BOYLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
FAYRE CROSSLEY
CHIEF GRANTS & COMPLIANCE
- Total calculated
- $108,319
- From this org
- $108,319
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
NATHANIEL SMITH
DIRECTOR OF PROGRAMS
- Total calculated
- $112,545
- From this org
- $112,545
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
RUSSELL INGRAM
FORMER SECRETARY & COO
- Total calculated
- $138,968
- From this org
- $138,968
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,968
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $138,968
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
- $2,961,869
- Expenses
- $3,573,668
- Contributions
- $2,748,580
- Grants paid
- $0
-
2023
- Revenue
- $2,621,131
- Expenses
- $3,611,345
- Contributions
- $2,216,406
- Grants paid
- $0
-
2022
- Revenue
- $1,271,310
- Expenses
- $3,508,340
- Contributions
- $771,946
- 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
- $2,783,167
- Expenses
- $3,673,138
- Assets (EOY)
- $19,880,886
-
2020 · 990
- Revenue
- $5,366,483
- Expenses
- $4,237,786
- Assets (EOY)
- $18,883,735
-
2019 · 990
- Revenue
- $6,744,279
- Expenses
- $3,804,488
- Assets (EOY)
- $16,461,532
-
2018 · 990
- Revenue
- $14,745,311
- Expenses
- $3,642,354
- Assets (EOY)
- $13,328,599
-
2017 · 990
- Revenue
- $2,471,466
- Expenses
- $1,206,726
- Assets (EOY)
- $1,353,437
-
2017 · 990
- Revenue
- $2,476,685
- Expenses
- $1,178,182
- Assets (EOY)
- $1,370,949
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
-
2022 PROGRAM EXPENSES FOR NETWORK PARTNERS, SPONSORSHIP
-
2023 NETWORK PARTNER
-
2024 NETWORK PARTNERS, SURVEY STIPEND, INTERN STIPEND
-
2022 GENERAL SUPPORT
-
2023 GENERAL SUPPORT
-
2024 GENERAL SUPPORT
-
2022 GENERAL OPERATIONAL SUPPORT
-
2025 GENERAL SUPPORT
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
EPICENTER MEMPHIS FORMATION FUND
INVESTING IN EARLY-STAGE COMPANIES · TN · income -$125,000 · assets $2,805,135
-
EPICENTER - INNOVA CAPITAL LLC
GP OF EPICENTER MEMPHIS CO-INVESTMENT FUND, I LP · TN · income $0 · assets $1,549,401
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.