Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Memphis Advertising Federation Inc
EIN 62-1093951 • 501(c)6 • Memphis, TN
Profile
To unify the advertising community and provide a medium for exchange.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
51st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
80th percentile
Faster asset growth than 80% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Balance Sheet
Assets
Up$143,326
Up $23,336 (+19%) from 2023
Liabilities
Down$0
Down $468 (-100%) from 2023
Net Assets
Up$143,326
Up $23,804 (+20%) from 2023
Revenue
Up$67,362
Up $6,538 (+11%) from 2023
Expenses
Up$53,627
Up $8,793 (+20%) from 2023
Net Income
Down$13,735
Down $2,255 (-14%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $143,326
- Liabilities
- $0
- Net assets
- $143,326
- Revenue
- $67,362
- Expenses
- $53,627
- Net income
- $13,735
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 15, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $67,362
Mission and Program Overview
Mission
To unify the advertising community and provide a medium for exchange.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ADDY AWARDS - RECOGNITION OF INVENTIVE, INSPIRING AND INGENIOUS CREATIVE WORK OF THE YEAR. | $0 | $0 |
| LUNCHEON MEETINGS - REGULAR MEETINGS FEATURING TOP-TIER INDUSTRY SPEAKERS, PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. | $0 | $0 |
| OTHER PROGRAMMING - CLUB ACHIEVEMENT, LEADERSHIP 2020, PLUG-IN, ETC. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KATIE MARS | President | PT | $0 | - | - |
| DANIEL SCRUGGS | First Vice President | - | $0 | - | - |
| SHELDA EDWARDS | Second Vice President | - | $0 | - | - |
| RICHARD FUDGE | Past President | - | $0 | - | - |
| ELI BATES | Board Member | - | $0 | - | - |
| MEGAN BURSI | Board Member | - | $0 | - | - |
| ZACHARY COX | Board Member | - | $0 | - | - |
| LEXIE DANFORD | Board Member | - | $0 | - | - |
| HEATHER EADIE | Board Member | - | $0 | - | - |
| KAYLA EARWOOD | Board Member | - | $0 | - | - |
| LAUREN HOLTERMANN | Board Member | - | $0 | - | - |
| KATHRINE HICKS | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Memphis Advertising Federation Inc
- EIN
- 62-1093951
- Phone
- 9013105879
- Address
- PO BOX 11869, MEMPHIS, TN 38111-0869
Signing Officer
- Name
- Katie Mars
- Title
- President
- Phone
- 9013105879
- Signed
- 2025-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Reynolds Bone & Griesbeck Plc
- Address
- 5100 WHEELIS DRIVE SUITE 300, MEMPHIS, TN 38117-4568
- Preparer
- Kelly S Crow
- Phone
- 9016822431
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: dividend income. Amount: 2,319.”
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: credit card rewards. Amount: 5.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: aaf dues. Amount: 7,509. Description: conference/meetings. Amount: 1,288. Description: insurance. Amount: 1,550. Description: marketing & promotion. Amount: 995. Description: office expense. Amount: 852. Description: program expenses. Amount: 26,627. Description: software. Amount: 1,585. Description: bad debts. Amount: 1,000. Total to form 990-ez, line 16: 41,406.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: unrealized gain/loss. Amount: 10,069.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: investment in mutual funds. Beg. Of year amount: 96,516. End of year amount: 110,111.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: credit card payable. Beg. Of year amount: 468. End of year amount: 0.”
Raw XML Appendix183 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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 10 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECOND VICE PRESIDENT |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | BOARD MEMBER |
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| IRS990EZ/Organization501cInd | 0 | X |
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| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO UNIFY THE ADVERTISING COMMUNITY AND PROVIDE A MEDIUM FOR EXCHANGE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 181 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 39491 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ADDY AWARDS - RECOGNITION OF INVENTIVE, INSPIRING AND INGENIOUS CREATIVE WORK OF THE YEAR. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | OTHER PROGRAMMING - CLUB ACHIEVEMENT, LEADERSHIP 2020, PLUG-IN, ETC. |
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| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 1207 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
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| IRS990EZ/TotalRevenueAmt | 0 | 67362 |
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| IRS990EZ/WebsiteAddressTxt | 0 | WWW.AAFMEMPHIS.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DIVIDEND INCOME. AMOUNT: 2,319. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CREDIT CARD REWARDS. AMOUNT: 5. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: AAF DUES. AMOUNT: 7,509. DESCRIPTION: CONFERENCE/MEETINGS. AMOUNT: 1,288. DESCRIPTION: INSURANCE. AMOUNT: 1,550. DESCRIPTION: MARKETING & PROMOTION. AMOUNT: 995. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 852. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 26,627. DESCRIPTION: SOFTWARE. AMOUNT: 1,585. DESCRIPTION: BAD DEBTS. AMOUNT: 1,000. TOTAL TO FORM 990-EZ, LINE 16: 41,406. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: UNREALIZED GAIN/LOSS. AMOUNT: 10,069. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: INVESTMENT IN MUTUAL FUNDS. BEG. OF YEAR AMOUNT: 96,516. END OF YEAR AMOUNT: 110,111. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 468. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATIE MARS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MEMPHIS ADVERTISING FEDERATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MEMP |
| ReturnHeader/Filer/EIN | 0 | 621093951 |
| ReturnHeader/Filer/PhoneNum | 0 | 9013105879 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 381110869 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 620428728 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | REYNOLDS BONE & GRIESBECK PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5100 WHEELIS DRIVE SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 381174568 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9016822431 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KELLY S CROW |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T16:57:50-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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