Civic Intelligence

Memphis College Preparatory Elementary School

990 • Fiscal year 2021 • EIN 26-4251279

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 11, 2022

Organization ProfileWWW.MEMPHISCOLLEGEPREP.ORG
1500 Dunn AvenueMemphis, TN 38106

(901) 620-6475

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.41x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.50x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

37th percentile

5.7%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$62,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

10th percentile

-7.9%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

33%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$4,767,124

Down $410,984 (-7.9%) from 2020

Net Assets

Up

$2,799,389

Up $222,700 (+8.6%) from 2020

Liabilities

Down

$1,967,735

Down $633,684 (-24%) from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin37th percentile

Revenue

Up

$3,903,186

Up $967,778 (+33%) from 2020

Expenses

Up

$3,680,486

Up $919,000 (+33%) from 2020

Net Income

Up

$222,700

Up $48,778 (+28%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $982,225Liabilities 2011: $539,611Net Assets 2011: $442,6142011Assets 2012: $869,206Liabilities 2012: $462,407Net Assets 2012: $406,7992012Assets 2013: $1,019,555Liabilities 2013: $649,016Net Assets 2013: $370,5392013Assets 2014: $1,263,144Liabilities 2014: $776,510Net Assets 2014: $486,6342014Assets 2015: $1,388,009Liabilities 2015: $889,342Net Assets 2015: $498,6672015Assets 2016: $4,746,334Liabilities 2016: $2,956,563Net Assets 2016: $1,789,7712016Assets 2017: $5,011,038Liabilities 2017: $3,011,796Net Assets 2017: $1,999,2422017Assets 2018: $5,310,436Liabilities 2018: $2,887,384Net Assets 2018: $2,423,0522018Assets 2019: $4,714,649Liabilities 2019: $2,311,882Net Assets 2019: $2,402,7672019Assets 2020: $5,178,108Liabilities 2020: $2,601,419Net Assets 2020: $2,576,6892020Assets 2021: $4,767,124Liabilities 2021: $1,967,735Net Assets 2021: $2,799,3892021Assets 2022: $4,812,612Liabilities 2022: $2,666,101Net Assets 2022: $2,146,5112022Assets 2023: $5,161,312Liabilities 2023: $1,881,863Net Assets 2023: $3,279,4492023Assets 2024: $5,497,706Liabilities 2024: $2,001,765Net Assets 2024: $3,495,9412024Assets 2025: $5,100,740Liabilities 2025: $1,742,682Net Assets 2025: $3,358,0582025

Highlighted filing

2021

Assets$4,767,124
Liabilities$1,967,735
Net Assets$2,799,389
Open 2021 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $902,9592011Expenses 2012: $1,346,5612012Expenses 2013: $1,870,7922013Revenue 2014: $2,231,421Expenses 2014: $2,115,326Net Income 2014: $116,0952014Revenue 2015: $2,835,276Expenses 2015: $2,525,439Net Income 2015: $309,8372015Revenue 2016: $3,770,736Expenses 2016: $2,800,626Net Income 2016: $970,1102016Revenue 2017: $3,329,773Expenses 2017: $3,120,302Net Income 2017: $209,4712017Revenue 2018: $3,221,358Expenses 2018: $2,797,553Net Income 2018: $423,8052018Revenue 2019: $2,838,226Expenses 2019: $2,858,511Net Income 2019: -$20,2852019Revenue 2020: $2,935,408Expenses 2020: $2,761,486Net Income 2020: $173,9222020Revenue 2021: $3,903,186Expenses 2021: $3,680,486Net Income 2021: $222,7002021Revenue 2022: $3,371,309Expenses 2022: $4,021,714Net Income 2022: -$650,4052022Revenue 2023: $4,969,595Expenses 2023: $3,836,657Net Income 2023: $1,132,9382023Revenue 2024: $4,333,582Expenses 2024: $4,117,090Net Income 2024: $216,4922024Revenue 2025: $3,537,174Expenses 2025: $3,675,057Net Income 2025: -$137,8832025

Highlighted filing

2021

Revenue$3,903,186
Expenses$3,680,486
Net Income$222,700
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 11, 2022
Return Version
2020v4.1
Gross Receipts
$3,903,186
Mission and Program Overview

Mission

To provide kindergarten through fifth grade students with the academic and ethical foundation to excel in school and in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,690,350$2,579,649▼ $110,701
Cash and Non-Interest-Bearing Accounts$1,953,654$1,578,518▼ $375,136
Pledges and Grants Receivable$13,309$123,932▲ $110,623
Investments Other Securities$37,619$106,127▲ $68,508
Prepaid Expenses and Deferred Charges$38,218$85,300▲ $47,082
Total Assets$5,178,108$4,767,124▼ $410,984
Other Assets Total$444,958$293,598▼ $151,360
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,354,541$1,798,996▼ $555,545
Other Liabilities$230,337$113,857▼ $116,480
Accounts Payable and Accrued Expenses$16,541$54,882▲ $38,341
Total Liabilities$2,601,419$1,967,735▼ $633,684
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,301,301$2,550,389▲ $249,088
Net Assets With Donor Restrictions$275,388$249,000▼ $26,388
Total Net Assets Fund Balance$2,576,689$2,799,389▲ $222,700
Total Liabilities and Net Assets / Fund Balance$5,178,108$4,767,124▼ $410,984

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,449,900$364,013-
Other Land Buildings$1,480$50,641-
Land$36,000--
Equipment$8,373$77,969-
Leasehold Improvements$83,896$259,151-
Other Assets Org$121,848--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tyree DanielsExecutive Chair-$62,000$62,000
Joshua GieslerDirector of OperationsFT$59,789$59,789

Board Members and Trustees

NameTitle
Maggie RoneyVice-chair
Andrew HolmesDirector
Ashley PattersonDirector
Demar RobertsDirector
Elizabeth JumetDirector
Kennard SpeedDirector
Logan WelkDirector
Mareko HuelyDirector
Zachary KnightDirector
Sean MontesiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,902,197
Program Service Revenue
$0
Investment Income
$989
Other Revenue
$0
All Other Contributions
$236,489
Change in Net Assets
$222,700

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,903,186
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,903,186
Total Revenue per Form 990
$3,903,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,218,004
Other Expenses$1,462,482
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,669,282$426,933-$2,096,215
Occupancy$228,392$76,131-$304,523
Fees for Services Other-$146,393-$146,393
Depreciation Depletion$105,326$35,109-$140,435
Current Officers, Directors, Trustees, and Key Employees-$121,789-$121,789
Office Expenses$34,479$11,493-$45,972
Other Expenses$22,933$7,234-$30,167
Total Functional Expenses$2,707,311$973,175$0$3,680,486

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,680,485
Total Expenses per Audited Statements$3,680,485
Total Expenses per Form 990$3,680,485
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows Related to Pensions$88,208
Accrued Liabilities$25,649
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“After the return is prepared by an independent accounting firm, the return is reviewed by the board of directors before submission to the irs.”

Form 990, Part VI, Section B, Line 12C

“The directors sign a statement annually confirming their compliance with the conflicts of interest policy,”

Form 990, Part VI, Section B, Line 15

“Compensation for a position is determined as to what is reasonable for the experience, expertise, geography and needs of the organization. Compensation is reviewed by the board finance committee, discussed and voted on at board meetings. The resulting decision is recorded in the minutes.”

Form 990, Part VI, Section C, Line 18

“The organization's tax documents are available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Memphis College Preparatory Elementary S
EIN
26-4251279
Phone
9016206475
Address
1500 DUNN AVENUE, MEMPHIS, TN 38106

Signing Officer

Name
Tyree Daniels
Title
Executive Chairman
Phone
9016206475
Signed
2022-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tyree Daniels
Formed
2009
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
38
Volunteers
0

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Susan M Lattimore
Phone
9017613003
Raw XML AppendixShowing 400 of 437 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016541
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054882
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE KINDERGARTEN THROUGH FIFTH GRADE STUDENTS WITH THE ACADEMIC AND ETHICAL FOUNDATION TO EXCEL IN SCHOOL AND IN LIFE.
IRS990/AllOtherContributionsAmt0236489
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRITTANY MONDA
IRS990/BooksInCareOfDetail/PhoneNum09016206475
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01500 DUNN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038106
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01953654
IRS990/CashNonInterestBearingGrp/EOYAmt01578518
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0121789
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0121789
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt0426933
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt01669282
IRS990/CompDisqualPersonsGrp/TotalAmt02096215
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03902197
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0989
IRS990/CYOtherExpensesAmt01462482
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0222700
IRS990/CYSalariesCompEmpBnftPaidAmt02218004
IRS990/CYTotalExpensesAmt03680486
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03903186
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt035109
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0105326
IRS990/DepreciationDepletionGrp/TotalAmt0140435
IRS990/Desc0PROVIDING KINDERGARTEN THROUGH FIFTH GRADE STUDENTS WITH THE ACADEMIC AND ETHICAL FOUNDATION TO EXCEL IN SCHOOL AND IN LIFE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0275388
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0249000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02707311
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0146393
IRS990/FeesForServicesOtherGrp/TotalAmt0146393
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0MAGGIE RONEY
IRS990/Form990PartVIISectionAGrp/PersonNm1SEAN MONTESI
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREW HOLMES
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH JUMET
IRS990/Form990PartVIISectionAGrp/PersonNm4ZACHARY KNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm5DEMAR ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm6ASHLEY PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7KENNARD SPEED
IRS990/Form990PartVIISectionAGrp/PersonNm8LOGAN WELK
IRS990/Form990PartVIISectionAGrp/PersonNm9MAREKO HUELY
IRS990/Form990PartVIISectionAGrp/PersonNm10TYREE DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSHUA GIESLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1062000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1159789
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt03665708
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03903186
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0989
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0989
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt037619
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0106127
IRS990/IRPDocumentCnt055
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0751774
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02690350
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02579649
IRS990/LandBldgEquipCostOrOtherBssAmt03331423
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE KINDERGARTEN THROUGH FIFTH GRADE STUDENTS WITH THE ACADEMIC AND ETHICAL FOUNDATION TO EXCEL IN SCHOOL AND IN LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02354541
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01798996
IRS990/NetAssetsOrFundBalancesBOYAmt02576689
IRS990/NetAssetsOrFundBalancesEOYAmt02799389
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02301301
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02550389
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt076131
IRS990/OccupancyGrp/ProgramServicesAmt0228392
IRS990/OccupancyGrp/TotalAmt0304523
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011493
IRS990/OfficeExpensesGrp/ProgramServicesAmt034479
IRS990/OfficeExpensesGrp/TotalAmt045972
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0444958
IRS990/OtherAssetsTotalGrp/EOYAmt0293598
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2DEBT SERVICE
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0130926
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117167
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27234
IRS990/OtherExpensesGrp/ProgramServicesAmt0514101
IRS990/OtherExpensesGrp/ProgramServicesAmt181298
IRS990/OtherExpensesGrp/ProgramServicesAmt251500
IRS990/OtherExpensesGrp/ProgramServicesAmt322933
IRS990/OtherExpensesGrp/TotalAmt0514101
IRS990/OtherExpensesGrp/TotalAmt1212224
IRS990/OtherExpensesGrp/TotalAmt268667
IRS990/OtherExpensesGrp/TotalAmt330167
IRS990/OtherLiabilitiesGrp/BOYAmt0230337
IRS990/OtherLiabilitiesGrp/EOYAmt0113857
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013309
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0123932
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038218
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt085300
IRS990/PrincipalOfficerNm0TYREE DANIELS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02928791
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01720
IRS990/PYOtherExpensesAmt01002020
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04897
IRS990/PYRevenuesLessExpensesAmt0173922
IRS990/PYSalariesCompEmpBnftPaidAmt01759466
IRS990/PYTotalExpensesAmt02761486
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02935408
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0222700
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02449900
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0364013
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02813913
IRS990ScheduleD/EquipmentGrp/BookValueAmt08373
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077969
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt086342
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03680485
IRS990ScheduleD/LandGrp/BookValueAmt036000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt036000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt083896
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0259151
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0343047
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0171750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1121848
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET PENSION ASSET ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01480
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050641
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt052121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025649
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt188208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03903186
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02579649
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0293598
IRS990ScheduleD/TotalExpensesPerForm990Amt03680485
IRS990ScheduleD/TotalLiabilityAmt0113857
IRS990ScheduleD/TotalRevenuePerForm990Amt03903186
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03903186
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03680485
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0MEMPHIS COLLEGE PREPARATORY SCHOOL RECEIVES VARIOUS GRANTS AND FUNDS FROM THE STATE OF TENNESSEE AS WELL AS FROM THE FEDERAL GOVERNMENT FOR BASIC EDUCATION, E-RATE FUNDING AND TITLE I GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS SIGN A STATEMENT ANNUALLY CONFIRMING THEIR COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR A POSITION IS DETERMINED AS TO WHAT IS REASONABLE FOR THE EXPERIENCE, EXPERTISE, GEOGRAPHY AND NEEDS OF THE ORGANIZATION. COMPENSATION IS REVIEWED BY THE BOARD FINANCE COMMITTEE, DISCUSSED AND VOTED ON AT BOARD MEETINGS. THE RESULTING DECISION IS RECORDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S TAX DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05178108
IRS990/TotalAssetsEOYAmt04767124
IRS990/TotalAssetsGrp/BOYAmt05178108
IRS990/TotalAssetsGrp/EOYAmt04767124
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03902197
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0973175
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02707311
IRS990/TotalFunctionalExpensesGrp/TotalAmt03680486
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02601419
IRS990/TotalLiabilitiesEOYAmt01967735
IRS990/TotalLiabilitiesGrp/BOYAmt02601419
IRS990/TotalLiabilitiesGrp/EOYAmt01967735
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02576689
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02799389
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02707311
IRS990/TotalReportableCompFromOrgAmt0121789
IRS990/TotalRevenueGrp/ExclusionAmt0989
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03903186
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05178108
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04767124
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01500 DUNN AVENUE
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038106

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,767,124
Liabilities
$1,967,735
Net assets
$2,799,389
Revenue
$3,903,186
Expenses
$3,680,486
Net income
$222,700
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.10$1.74$3.36$3.54$3.68$0.14
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$2.00$3.50$4.33$4.12$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$1.88$3.28$4.97$3.84$1.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$2.67$2.15$3.37$4.02$0.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$1.97$2.80$3.90$3.68$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.18$2.60$2.58$2.94$2.76$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$2.31$2.40$2.84$2.86$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$2.89$2.42$3.22$2.80$0.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$3.01$2.00$3.33$3.12$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.75$2.96$1.79$3.77$2.80$0.97
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.89$0.50$2.84$2.53$0.31
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.78$0.49$2.23$2.12$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.65$0.37$1.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.46$0.41$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.54$0.44$0.90