Civic Intelligence

Memphis Education Fund Inc.

990 • Fiscal year 2019 • EIN 47-3660677

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 22, 2021

Organization ProfileWWW.MEMPHISEDUCATIONFUND.ORG
1350 Concourse Ave Ste 434Memphis, TN 38104

(901) 435-0400

Siviq Scores

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

Liabilities / Assets

68th percentile

0.35x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.23x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$224,254

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

3rd percentile

-28%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-40%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$4,833,076

Down $1,864,324 (-28%) from 2018

Net Assets

Down

$3,151,789

Down $1,661,205 (-35%) from 2018

Liabilities

Down

$1,681,287

Down $203,119 (-11%) from 2018

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin12th percentile

Revenue

Down

$7,169,853

Down $4,737,219 (-40%) from 2018

Expenses

Down

$8,831,058

Down $6,584,930 (-43%) from 2018

Net Income

Up

-$1,661,205

Up $1,847,711 (+53%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$30M$20M$10M$0Assets 2015: $21,838,700Liabilities 2015: $20,822,189Net Assets 2015: $1,016,5112015Assets 2016: $14,761,172Liabilities 2016: $10,523,106Net Assets 2016: $4,238,0662016Assets 2017: $18,402,118Liabilities 2017: $9,659,832Net Assets 2017: $8,742,2862017Assets 2018: $6,697,400Liabilities 2018: $1,884,406Net Assets 2018: $4,812,9942018Assets 2019: $4,833,076Liabilities 2019: $1,681,287Net Assets 2019: $3,151,7892019Assets 2020: $2,536,598Liabilities 2020: $1,906,001Net Assets 2020: $630,5972020Assets 2021: $2,231,951Liabilities 2021: $452,524Net Assets 2021: $1,779,4272021Assets 2022: $5,446,050Liabilities 2022: $1,026,854Net Assets 2022: $4,419,1962022Assets 2023: $3,117,869Liabilities 2023: $1,688,064Net Assets 2023: $1,429,8052023Assets 2024: $3,781,085Liabilities 2024: $2,186,644Net Assets 2024: $1,594,4412024

Highlighted filing

2019

Assets$4,833,076
Liabilities$1,681,287
Net Assets$3,151,789
Open 2019 Filing

Operations Trend

Revenue Growth7th percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $25,985,414Expenses 2015: $24,968,903Net Income 2015: $1,016,5112015Revenue 2016: $21,820,323Expenses 2016: $18,598,768Net Income 2016: $3,221,5552016Revenue 2017: $15,103,480Expenses 2017: $10,599,260Net Income 2017: $4,504,2202017Revenue 2018: $11,907,072Expenses 2018: $15,415,988Net Income 2018: -$3,508,9162018Revenue 2019: $7,169,853Expenses 2019: $8,831,058Net Income 2019: -$1,661,2052019Revenue 2020: $5,955,711Expenses 2020: $8,604,088Net Income 2020: -$2,648,3772020Revenue 2021: $3,044,264Expenses 2021: $4,555,615Net Income 2021: -$1,511,3512021Revenue 2022: $4,212,155Expenses 2022: $3,557,126Net Income 2022: $655,0292022Revenue 2023: $3,781,184Expenses 2023: $4,283,873Net Income 2023: -$502,6892023Revenue 2024: $4,867,433Expenses 2024: $4,702,797Net Income 2024: $164,6362024

Highlighted filing

2019

Revenue$7,169,853
Expenses$8,831,058
Net Income-$1,661,205
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 22, 2021
Return Version
2019v5.2
Gross Receipts
$7,169,853
Mission and Program Overview

Mission

To work in partnership with the shelby county school district and the achievement school district on strategies that support school improvement, development, and implementation of initiatives focused on increasing k-12 educational outcomes in the greater memphis, tn area.

Establishing initiatives and developing strategies to enhance performance levels of public schools in the greater memphis tennessee area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$3,766,437$2,061,181▼ $1,705,256
Land, Buildings, and Equipment, Net$1,680,578$1,452,954▼ $227,624
Cash and Non-Interest-Bearing Accounts$1,250,385$1,318,941▲ $68,556
Total Assets$6,697,400$4,833,076▼ $1,864,324
Liabilities
Grants Payable$1,340,012$1,090,012▼ $250,000
Other Liabilities$492,944$467,834▼ $25,110
Accounts Payable and Accrued Expenses$51,450$123,441▲ $71,991
Total Liabilities$1,884,406$1,681,287▼ $203,119
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,871,317$0▼ $3,871,317
Net Assets Without Donor Restrictions$941,677$3,151,789▲ $2,210,112
Total Net Assets Fund Balance$4,812,994$3,151,789▼ $1,661,205
Total Liabilities and Net Assets / Fund Balance$6,697,400$4,833,076▼ $1,864,324

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,436,818$304,780$1,741,598
Equipment$16,136$316,339$332,475
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terence PattersonCEOFT$217,350$6,904$224,254
Tosha D DowneyDirector of AdvocacyFT$177,271$19,000$196,271

Board Members and Trustees

NameTitle
Darryl CobbChairman
David MansouriBoard Member
James R BoydBoard Member
Kevin HuffmanBoard Member
Teresa SloyanBoard Member
Timico BoykinsBoard Member
Tomeka HartBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$6,923,610
Program Service Revenue
$0
Investment Income
$2,042
Other Revenue
$244,201
All Other Contributions
$6,923,610
Change in Net Assets
$-1,661,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,282,062
Other Expenses$919,534
Salaries, Compensation, and Employee Benefits$629,462
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,282,062--$7,282,062
Current Officers, Directors, Trustees, and Key Employees$177,271$217,350-$394,621
Occupancy$233,433$77,811-$311,244
Depreciation Depletion$170,718$56,906-$227,624
Other Salaries and Wages$166,391--$166,391
Information Technology$85,995$28,665-$114,660
Fees for Services Other$26,862$69,838-$96,700
Fees for Services Accounting-$43,442-$43,442
Payroll Taxes$24,158$11,548-$35,706
Office Expenses$307$32,666-$32,973
Other Employee Benefits$25,840$6,904-$32,744
Insurance$19,599$6,533-$26,132
Travel$4,933$13,973-$18,906
Conferences and Meetings$2,434$15,608-$18,042
Fees for Services Legal-$4,140-$4,140
Other Expenses$1,000$271-$1,271
Total Functional Expenses$8,239,303$591,755$0$8,831,058
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leadership for Educational EquityWashington, DC501(c)(3)Educational Support$2,800,000
Campaign for School EquityMemphis, TN501(c)(3)Educational Support$700,000
Instruction PartnersMemphis, TN501(c)(3)Educational Support$694,000
Rhodes CollegeMemphis, TN501(c)(3)Educational Support$525,000
Relay Graduate School of EducationMemphis, TN501(c)(3)Educational Support$500,000
Memphis LiftMemphis, TN501(c)(3)Educational Support$450,000
ChalkbeatNew York, NY501(c)(3)Educational Support$445,000
New LeadersMemphis, TN501(c)(3)Educational Support$400,000
Stand for ChildrenMemphis, TN501(c)(3)Educational Support$235,000
Achievement FirstNew Haven, CT501(c)(3)Educational Support$175,000
Kipp FoundationMemphis, TN501(c)(3)Educational Support$150,000
Accelerate InstituteChicago, IL501(c)(3)Educational Support$117,288
Teach for AmericaMemphis, TN501(c)(3)Educational Support$85,000
Leaders of Color Initiative - Ed Reform NowNew York, NY-Educational Support-
New Memphis InstituteMemphis, TN-Educational Support-
Public Impact LLCCarrboro, NC-Educational Support-
Tennessee Charter School CenterMemphis, TN501(c)(3)Educational Support-
Tn AsdNashville, TN-Educational Support-
Tn CanNashville, TN501(c)(3)Educational Support-
Uncommon SchoolsGlenmont, NY501(c)(3)Educational Support-
University of MemphisMemphis, TN-Educational Support-
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 Lease Incentive$382,322
Deferred Rent$85,512
Governance and Compliance

Governance Checklist

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

“The organization's form 990 is prepared by a third party certified public accounting firm and is reviewed by the treasurer before filing.”

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

“Periodically, officers, board members and directors are given a questionnaire to complete regarding business relationships.”

Form 990, Part VI, Section B, Line 15

“Salaries of personnel are determined and approved by the board of directors. The board of directors meet quarterly.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Memphis Education Fund Inc
EIN
47-3660677
Phone
9014350400
Address
1350 CONCOURSE AVE STE 434, MEMPHIS, TN 38104

Signing Officer

Name
Terence Patterson
Title
CEO
Phone
9014350400
Signed
2021-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terence Patterson
Formed
2015
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
0

Preparer

Firm
Cannon Wright Blount Pllc
Address
756 RIDGE LAKE BLVD SUITE 100, MEMPHIS, TN 38120
Preparer
Stephanie L Livingston CPA
Phone
9016857500
Raw XML AppendixShowing 400 of 630 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/OtherExpensesGrp/ManagementAndGeneralAmt3271
IRS990/OtherExpensesGrp/ProgramServicesAmt07353
IRS990/OtherExpensesGrp/ProgramServicesAmt15949
IRS990/OtherExpensesGrp/ProgramServicesAmt24998
IRS990/OtherExpensesGrp/ProgramServicesAmt31000
IRS990/OtherExpensesGrp/TotalAmt09804
IRS990/OtherExpensesGrp/TotalAmt17932
IRS990/OtherExpensesGrp/TotalAmt26664
IRS990/OtherExpensesGrp/TotalAmt31271
IRS990/OtherLiabilitiesGrp/BOYAmt0492944
IRS990/OtherLiabilitiesGrp/EOYAmt0467834
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0166391
IRS990/OtherSalariesAndWagesGrp/TotalAmt0166391
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011548
IRS990/PayrollTaxesGrp/ProgramServicesAmt024158
IRS990/PayrollTaxesGrp/TotalAmt035706
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03766437
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02061181
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERENCE PATTERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt011619697
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt012084259
IRS990/PYInvestmentIncomeAmt01071
IRS990/PYOtherExpensesAmt02406979
IRS990/PYOtherRevenueAmt0286304
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3508916
IRS990/PYSalariesCompEmpBnftPaidAmt0924750
IRS990/PYTotalExpensesAmt015415988
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011907072
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1661205
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0244201
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06923610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011619697
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09326041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021819300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025985210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt075673858
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0246243
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0287375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0220547
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0204
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0755392
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87470
IRS990ScheduleA/PublicSupportPY170Pct00.88120
IRS990ScheduleA/PublicSupportTotal170Amt066849925
IRS990ScheduleA/SubstantialContributorsTotAmt08823933
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06923610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011619697
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09326041
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021819300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025985210
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt075673858
IRS990ScheduleA/TotalSupportAmt076429250
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/EquipmentGrp/BookValueAmt016136
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0316339
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0332475
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01436818
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0304780
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01741598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt085512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1382322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED LEASE INCENTIVE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01452954
IRS990ScheduleD/TotalLiabilityAmt0467834
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0117288
IRS990ScheduleI/RecipientTable/CashGrantAmt1175000
IRS990ScheduleI/RecipientTable/CashGrantAmt2700000
IRS990ScheduleI/RecipientTable/CashGrantAmt3445000
IRS990ScheduleI/RecipientTable/CashGrantAmt4694000
IRS990ScheduleI/RecipientTable/CashGrantAmt5150000
IRS990ScheduleI/RecipientTable/CashGrantAmt62800000
IRS990ScheduleI/RecipientTable/CashGrantAmt7450000
IRS990ScheduleI/RecipientTable/CashGrantAmt8400000
IRS990ScheduleI/RecipientTable/CashGrantAmt9500000
IRS990ScheduleI/RecipientTable/CashGrantAmt10525000
IRS990ScheduleI/RecipientTable/CashGrantAmt11235000
IRS990ScheduleI/RecipientTable/CashGrantAmt1285000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ACCELERATE INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ACHIEVEMENT FIRST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CAMPAIGN FOR SCHOOL EQUITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CHALKBEAT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4INSTRUCTION PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5KIPP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6LEADERSHIP FOR EDUCATIONAL EQUITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7MEMPHIS LIFT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8NEW LEADERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9RELAY GRADUATE SCHOOL OF EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10RHODES COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11STAND FOR CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12TEACH FOR AMERICA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13TENNESSEE CHARTER SCHOOL CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14TN CAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15UNCOMMON SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16LEADERS OF COLOR INITIATIVE - ED REFORM NOW
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17TN ASD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18NEW MEMPHIS INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19PUBLIC IMPACT LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20UNIVERSITY OF MEMPHIS
IRS990ScheduleI/RecipientTable/RecipientEIN0363764476
IRS990ScheduleI/RecipientTable/RecipientEIN1651203744
IRS990ScheduleI/RecipientTable/RecipientEIN2812808840
IRS990ScheduleI/RecipientTable/RecipientEIN3900915846
IRS990ScheduleI/RecipientTable/RecipientEIN4475380182
IRS990ScheduleI/RecipientTable/RecipientEIN5943362724
IRS990ScheduleI/RecipientTable/RecipientEIN6208848357
IRS990ScheduleI/RecipientTable/RecipientEIN7822560581
IRS990ScheduleI/RecipientTable/RecipientEIN8043519203

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,833,076
Liabilities
$1,681,287
Net assets
$3,151,789
Revenue
$7,169,853
Expenses
$8,831,058
Net income
-$1,661,205
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.78$2.19$1.59$4.87$4.70$0.16
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$1.69$1.43$3.78$4.28$0.50
2022Detailed filing. Detailed filing data is available for this year.$5.45$1.03$4.42$4.21$3.56$0.66
2021Detailed filing. Detailed filing data is available for this year.$2.23$0.45$1.78$3.04$4.56$1.51
2020Detailed filing. Detailed filing data is available for this year.$2.54$1.91$0.63$5.96$8.60$2.65
2019Detailed filing. Detailed filing data is available for this year.$4.83$1.68$3.15$7.17$8.83$1.66
2018Detailed filing. Detailed filing data is available for this year.$6.70$1.88$4.81$11.9$15.4$3.51
2017Detailed filing. Detailed filing data is available for this year.$18.4$9.66$8.74$15.1$10.6$4.50
2016Summary only. Only limited summary data is available for this year.$14.8$10.5$4.24$21.8$18.6$3.22
2015Detailed filing. Detailed filing data is available for this year.$21.8$20.8$1.02$26.0$25.0$1.02