Civic Intelligence

Memphis Hightailers Foundation

990EZ • Fiscal year 2021 • EIN 47-3913271

Jan 01, 2021 to Dec 31, 2021 • Filed on May 03, 2022

P O Box 17096Memphis, TN 38187-0096

(901) 832-8811

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

71st percentile

26%

Higher net margin than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

68%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

400%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$31,334

Up $12,729 (+68%) from 2020

Net Assets

Up

$29,214

Up $12,829 (+78%) from 2020

Liabilities

Down

$2,120

Down $100 (-4.5%) from 2020

Revenue

Up

$48,427

Up $38,737 (+400%) from 2020

Expenses

Up

$35,698

Up $23,804 (+200%) from 2020

Net Income

Up

$12,729

Up $14,933 (+678%) from 2020

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2015: $11,948Liabilities 2015: $0Net Assets 2015: $11,9482015Assets 2016: $8,556Liabilities 2016: $2,638Net Assets 2016: $5,9182016Assets 2017: $9,059Liabilities 2017: $2,220Net Assets 2017: $6,8392017Assets 2018: $20,480Liabilities 2018: $2,477Net Assets 2018: $18,0032018Assets 2019: $21,210Liabilities 2019: $2,621Net Assets 2019: $18,5892019Assets 2020: $18,605Liabilities 2020: $2,220Net Assets 2020: $16,3852020Assets 2021: $31,334Liabilities 2021: $2,120Net Assets 2021: $29,2142021Assets 2022: $17,956Liabilities 2022: $437Net Assets 2022: $17,5192022Assets 2023: $19,747Liabilities 2023: $1,186Net Assets 2023: $18,5612023Assets 2024: $12,359Liabilities 2024: $1,271Net Assets 2024: $11,0882024

Highlighted filing

2021

Assets$31,334
Liabilities$2,120
Net Assets$29,214

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2015: $11,595Expenses 2015: $147Net Income 2015: $11,4482015Revenue 2016: $19,298Expenses 2016: $25,328Net Income 2016: -$6,0302016Revenue 2017: $20,682Expenses 2017: $19,761Net Income 2017: $9212017Revenue 2018: $23,578Expenses 2018: $12,414Net Income 2018: $11,1642018Revenue 2019: $20,252Expenses 2019: $19,666Net Income 2019: $5862019Revenue 2020: $9,690Expenses 2020: $11,894Net Income 2020: -$2,2042020Revenue 2021: $48,427Expenses 2021: $35,698Net Income 2021: $12,7292021Revenue 2022: $14,342Expenses 2022: $25,937Net Income 2022: -$11,5952022Revenue 2023: $16,094Expenses 2023: $15,052Net Income 2023: $1,0422023Revenue 2024: $8,605Expenses 2024: $16,078Net Income 2024: -$7,4732024

Highlighted filing

2021

Revenue$48,427
Expenses$35,698
Net Income$12,729
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 3, 2022
Return Version
2021v4.1
Gross Receipts
$48,427
Mission and Program Overview

Mission

Bike training & Advocacy for bike safety

Program Services

DescriptionGrantsExpenses
Civil engineering study at the corner of Walnut Groveand Farm Rd. in E.Memphis for safety revisions$0$25,000
Helet Givaway to children who could not afford a helmetand did not own one.$0$2,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tulio BertoriniPresidentPT$0--
Frank PittsTreasurerPT$0--
Catherine LyonSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Memphis Hightailers Foundation
EIN
47-3913271
Phone
9018328811
Address
P O Box 17096, Memphis, TN 38187-0096

Signing Officer

Name
Frank Pitts
Title
Treasurer
Phone
9018328811
Signed
2022-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Victor G Butcher CPA LUTCF
Address
7800 FAWN RIDGE CV, CORDOVA, TN 38016
Preparer
Victor G Butcher
Phone
9016240886
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Accounting 75.

Form 990EZ, Part I, Line 16

Conference Expenses 150.

Form 990EZ, Part I, Line 16

Equipment for programs 4190.

Form 990EZ, Part I, Line 16

Subscriptions 199.

Form 990EZ, Part I, Line 16

Event Food 500.

Form 990EZ, Part I, Line 16

Filing Fees 21.

Form 990EZ, Part I, Line 16

Computer Web Services 11.

Form 990EZ, Part I, Line 16

Marketing Materials 200.

Form 990EZ, Part I, Line 16

Media Advertising 0.

Form 990EZ, Part I, Line 16

Organizational memberships 120.

Form 990EZ, Part I, Line 16

Professional Registrations 0.

Form 990EZ, Part I, Line 16

Sponsorships 250.

Form 990EZ, Part II, Line 24

MHF Donations to be transfered from MHBC 525. 248.

Form 990EZ, Part II, Line 26

MHBC Payable 0. 0.

Form 990EZ, Part II, Line 26

LCI Payable 2120. 2120.

Raw XML Appendix193 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Frank Pitts
IRS990EZ/BooksInCareOfDetail/PhoneNum09018328811
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0190 Perkins Ext
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038117
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018080
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt031086
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt023427
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012729
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt025000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt048427
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016485
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029214
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016485
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029214
IRS990EZ/OccupancyRentUtltsAndMaintAmt04982
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tulio Bertorini
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Frank Pitts
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Catherine Lyon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0525
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0248
IRS990EZ/OtherExpensesTotalAmt05716
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Bike training & Advocacy for bike safety
IRS990EZ/ProgramServiceRevenueAmt025000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Civil engineering study at the corner of Walnut Groveand Farm Rd. in E.Memphis for safety revisions
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Helet Givaway to children who could not afford a helmetand did not own one.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02120
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02120
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035698
IRS990EZ/TotalProgramServiceExpensesAmt027500
IRS990EZ/TotalRevenueAmt048427
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09827
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09690
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020252
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt073351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt073351
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt09690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt020252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt012900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020682
IRS990ScheduleA/Total509Grp/TotalAmt073351
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt073351
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Accounting 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conference Expenses 150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment for programs 4190.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Subscriptions 199.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Event Food 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Filing Fees 21.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Computer Web Services 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Marketing Materials 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Media Advertising 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Organizational memberships 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Professional Registrations 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Sponsorships 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MHF Donations to be transfered from MHBC 525. 248.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MHBC Payable 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14LCI Payable 2120. 2120.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Frank Pitts
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09018328811
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Memphis Hightailers Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MEMP
ReturnHeader/Filer/EIN0473913271
ReturnHeader/Filer/PhoneNum09018328811
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 17096
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0381870096
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Victor G Butcher CPA LUTCF
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07800 FAWN RIDGE CV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORDOVA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038016
ReturnHeader/PreparerPersonGrp/PhoneNum09016240886
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Victor G Butcher
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-05T08:18:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Frank
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Pitts
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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