Civic Intelligence

Memphis College Preparatory Elementary School

990 • Fiscal year 2014 • EIN 26-4251279

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 12, 2015

Organization ProfileWWW.MEMPHISCOLLEGEPREP.ORG
278 Greenlaw Avenue38105

(901) 218-0088

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.61x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.35x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

57th percentile

5.2%

Higher net margin than 57% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

84th percentile

24%

Faster asset growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$1,263,144

Up $243,589 (+24%) from 2013

Net Assets

Up

$486,634

Up $116,095 (+31%) from 2013

Liabilities

Up

$776,510

Up $127,494 (+20%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin57th percentile

Revenue

$2,231,421

No earlier filing loaded for comparison.

Expenses

Up

$2,115,326

Up $244,534 (+13%) from 2013

Net Income

$116,095

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth84th 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

2014

Assets$1,263,144
Liabilities$776,510
Net Assets$486,634
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2014

Revenue$2,231,421
Expenses$2,115,326
Net Income$116,095
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 12, 2015
Return Version
2013v4.0
Gross Receipts
$2,231,421
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.

To provide k-5th grade students with the academic & ethical foundation to excel in school and life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$748,334$723,519▼ $24,815
Cash and Non-Interest-Bearing Accounts$102,533$389,787▲ $287,254
Pledges and Grants Receivable$168,688$143,938▼ $24,750
Prepaid Expenses and Deferred Charges-$5,900-
Total Assets$1,019,555$1,263,144▲ $243,589
Liabilities
Mortgage Notes Payable Secured by Investment Property$453,313$431,006▼ $22,307
Other Liabilities$100,000$200,000▲ $100,000
Accounts Payable and Accrued Expenses$95,703$145,504▲ $49,801
Total Liabilities$649,016$776,510▲ $127,494
Net Assets / Fund Balance
Unrestricted Net Assets$370,539$486,634▲ $116,095
Total Net Assets Fund Balance$370,539$486,634▲ $116,095
Total Liabilities and Net Assets / Fund Balance$1,019,555$1,263,144▲ $243,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$613,494$127,824$741,318
Equipment$24,531$90,436$114,967
Other Land Buildings$49,494-$49,494
Land$36,000-$36,000
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Tyree DanielsChairman
Maggie CooperVice Chair
Aaron MunnBoard Member
Andrew HolmesBoard Member
Sean HennebergerBoard Member
Michael WhaleyFounder and School Princip
Mitty WilliamsParent Representative
Todd ShapiroSecretary
Sean MontesiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$651,345
Program Service Revenue
$1,545,148
Investment Income
$380
Other Revenue
$34,548
All Other Contributions
$482,710
Change in Net Assets
$116,095

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,231,421
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,231,421
Total Revenue per Form 990
$2,231,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,543,961
Other Expenses$571,365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$877,350$343,876-$1,221,226
Occupancy$147,849--$147,849
Other Employee Benefits-$131,291-$131,291
Pension Plan Contributions-$101,960-$101,960
Payroll Taxes-$89,484-$89,484
Depreciation Depletion-$74,309-$74,309
Office Expenses-$53,879-$53,879
Fees for Services Accounting-$49,036-$49,036
All Other Expenses$46,374--$46,374
Fees for Services Other$8,959$14,865-$23,824
Other Expenses$21,702$640-$22,342
Interest-$22,329-$22,329
Insurance-$17,813-$17,813
Travel$7,057--$7,057
Information Technology$4,292--$4,292
Total Functional Expenses$1,177,262$938,064$0$2,115,326

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,115,326
Total Expenses per Audited Statements$2,115,326
Total Expenses per Form 990$2,115,326
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
Line of Credit$200,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 11

“The 990 is reviewed during the regular monthly board meeting the month prior to filing.”

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

“The school will review the policy annually and ensure all new hires and board members review the policy and sign a disclosure form.”

Form 990, Part VI, Section B, Line 15

“Executive director and other salary amounts are rooted in comparisons to similar poisitions across the city and county, and are adjusted by a cost of living amount each year. These amounts are included in the annual budget, reviewed by the board finance committee, and adopted by the full board.”

Form 990, Part VI, Section C, Line 19

“The school's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

EIN
26-4251279
Phone
9012180088

Signing Officer

Name
Michael Whaley
Title
School Director
Phone
9012180088
Signed
2015-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Whaley
Formed
2009
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
7
Employees
26
Volunteers
100

Preparer

Preparer
Marcus Rountree
Phone
9015238283
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school adopted the income tax topic of the financial accounting standards board (fasb) accounting standards codification (asc) 740, which provides guidance for how uncertain income tax positions should be recognized, measured, presented and disclosed in the financial statements. The school is required to evaluate the income tax positions taken or expected to be taken to determine whether the positions are "more-likely-than-not" to be sustained upon examination by the applicable tax authority. The school has determined that the application of the income taxes standard does not impact the operations of the school and that no provision for income tax is required in the school's financial statements. As of june 30, 2014, the following tax years remain open due to the applicable tax authority's ability to review and assess previously issued returns; federal - june 30, 2012, 2013 and 2014. There have been no interest or penalties recognized in the statements of financial position or statements of activities and changes in net assets for the year ended june 30, 2014.”

Raw XML AppendixShowing 400 of 425 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.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05900
IRS990/PrincipalOfficerNm0MICHAEL WHALEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01539831
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01539831
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15317
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0531344
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0258
IRS990/PYOtherExpensesAmt0548151
IRS990/PYOtherRevenueAmt09527
IRS990/PYProgramServiceRevenueAmt01293403
IRS990/PYRevenuesLessExpensesAmt0-36260
IRS990/PYSalariesCompEmpBnftPaidAmt01322641
IRS990/PYTotalExpensesAmt01870792
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01834532
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0116095
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01579696
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/BookValueAmt0613494
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0127824
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0741318
IRS990ScheduleD/EquipmentGrp/BookValueAmt024531
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090436
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0114967
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02115326
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt036000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt036000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt049494
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0200000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02231421
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ADOPTED THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO EVALUATE THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE SCHOOL HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAXES STANDARD DOES NOT IMPACT THE OPERATIONS OF THE SCHOOL AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2014, THE FOLLOWING TAX YEARS REMAIN OPEN DUE TO THE APPLICABLE TAX AUTHORITY'S ABILITY TO REVIEW AND ASSESS PREVIOUSLY ISSUED RETURNS; FEDERAL - JUNE 30, 2012, 2013 AND 2014. THERE HAVE BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF FINANCIAL POSITION OR STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEAR ENDED JUNE 30, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0723519
IRS990ScheduleD/TotalExpensesPerForm990Amt02115326
IRS990ScheduleD/TotalLiabilityAmt0200000
IRS990ScheduleD/TotalRevenuePerForm990Amt02231421
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02231421
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02115326
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NO SCHOLARSHIPS OR OTHER FINANCIAL AID WAS AWARDED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED FINANCIAL AID FROM THE FEDERAL GOVERNMENT AND THE STATE OF TENNESSEE THROUGH THE FOLLOWING AWARDS: TITLE I, ADA PER PUPIL FUNDING, AND CAPITAL OUTLAY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED DURING THE REGULAR MONTHLY BOARD MEETING THE MONTH PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL WILL REVIEW THE POLICY ANNUALLY AND ENSURE ALL NEW HIRES AND BOARD MEMBERS REVIEW THE POLICY AND SIGN A DISCLOSURE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR AND OTHER SALARY AMOUNTS ARE ROOTED IN COMPARISONS TO SIMILAR POISITIONS ACROSS THE CITY AND COUNTY, AND ARE ADJUSTED BY A COST OF LIVING AMOUNT EACH YEAR. THESE AMOUNTS ARE INCLUDED IN THE ANNUAL BUDGET, REVIEWED BY THE BOARD FINANCE COMMITTEE, AND ADOPTED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
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 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01019555
IRS990/TotalAssetsEOYAmt01263144
IRS990/TotalAssetsGrp/BOYAmt01019555
IRS990/TotalAssetsGrp/EOYAmt01263144
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0651345
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0938064
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01177262
IRS990/TotalFunctionalExpensesGrp/TotalAmt02115326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0649016
IRS990/TotalLiabilitiesEOYAmt0776510
IRS990/TotalLiabilitiesGrp/BOYAmt0649016
IRS990/TotalLiabilitiesGrp/EOYAmt0776510
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0370539
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0486634
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01177262
IRS990/TotalProgramServiceRevenueAmt01545148
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0380
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01579696
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02231421
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01019555
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01263144
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07057
IRS990/TravelGrp/TotalAmt07057
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0370539
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0486634
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10278 GREENLAW AVENUE
IRS990/USAddress/City0MEMPHIS
IRS990/USAddress/State0TN
IRS990/USAddress/ZIPCode038105
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MEMPHISCOLLEGEPREP.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,263,144
Liabilities
$776,510
Net assets
$486,634
Revenue
$2,231,421
Expenses
$2,115,326
Net income
$116,095
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
Peer Organizations

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