Civic Intelligence

Karamu Nutrition Program Inc

990 • Fiscal year 2017 • EIN 62-1510796

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 23, 2018

2670 Union Avenue Extended Ste 900Memphis, TN 38112

(901) 327-8401

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.68x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

30th percentile

0.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

41st percentile

0.6%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

34th percentile

-0.1%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

6.7%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$755,860

Down $1,062 (-0.1%) from 2016

Net Assets

Up

$239,792

Up $41,272 (+21%) from 2016

Liabilities

Down

$516,068

Down $42,334 (-7.6%) from 2016

Revenue

Up

$7,213,266

Up $450,833 (+6.7%) from 2016

Expenses

Up

$7,171,994

Up $402,253 (+5.9%) from 2016

Net Income

Up

$41,272

Up $48,580 (+665%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $676,745Liabilities 2011: $451,947Net Assets 2011: $224,7982011Assets 2012: $611,531Liabilities 2012: $424,659Net Assets 2012: $186,8722012Assets 2013: $602,711Liabilities 2013: $430,372Net Assets 2013: $172,3392013Assets 2014: $645,248Liabilities 2014: $447,661Net Assets 2014: $197,5872014Assets 2015: $613,611Liabilities 2015: $407,783Net Assets 2015: $205,8282015Assets 2016: $756,922Liabilities 2016: $558,402Net Assets 2016: $198,5202016Assets 2017: $755,860Liabilities 2017: $516,068Net Assets 2017: $239,7922017Assets 2018: $878,637Liabilities 2018: $691,654Net Assets 2018: $186,9832018Assets 2019: $764,949Liabilities 2019: $643,581Net Assets 2019: $121,3682019Assets 2020: $892,299Liabilities 2020: $726,666Net Assets 2020: $165,6332020Assets 2021: $953,103Liabilities 2021: $701,070Net Assets 2021: $252,0332021Assets 2022: $1,039,726Liabilities 2022: $663,304Net Assets 2022: $376,4222022Assets 2023: $1,143,739Liabilities 2023: $824,248Net Assets 2023: $319,4912023Assets 2024: $1,153,612Liabilities 2024: $845,591Net Assets 2024: $308,0212024

Highlighted filing

2017

Assets$755,860
Liabilities$516,068
Net Assets$239,792

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $5,625,324Expenses 2011: $5,596,724Net Income 2011: $28,6002011Expenses 2012: $6,022,5082012Expenses 2013: $6,244,0592013Revenue 2014: $6,168,963Expenses 2014: $6,143,715Net Income 2014: $25,2482014Revenue 2015: $5,834,885Expenses 2015: $5,826,644Net Income 2015: $8,2412015Revenue 2016: $6,762,433Expenses 2016: $6,769,741Net Income 2016: -$7,3082016Revenue 2017: $7,213,266Expenses 2017: $7,171,994Net Income 2017: $41,2722017Revenue 2018: $7,636,628Expenses 2018: $7,689,437Net Income 2018: -$52,8092018Revenue 2019: $7,528,350Expenses 2019: $7,593,965Net Income 2019: -$65,6152019Revenue 2020: $6,293,103Expenses 2020: $6,248,838Net Income 2020: $44,2652020Revenue 2021: $7,053,466Expenses 2021: $6,967,066Net Income 2021: $86,4002021Revenue 2022: $7,417,091Expenses 2022: $7,292,702Net Income 2022: $124,3892022Revenue 2023: $7,867,353Expenses 2023: $7,924,284Net Income 2023: -$56,9312023Revenue 2024: $8,590,273Expenses 2024: $8,601,743Net Income 2024: -$11,4702024

Highlighted filing

2017

Revenue$7,213,266
Expenses$7,171,994
Net Income$41,272
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 23, 2018
Return Version
2016v3.1
Gross Receipts
$7,213,266
Mission and Program Overview

Mission

To provide low cost, high quality value added services to cacfp organizations. Sponsorship to usda cacfp which provides nutritious foods contributing to the wellness, healthy growth, and development of young children.

Provide reimbursment for child and adult care food program claims

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$608,487$608,557▲ $70
Cash and Non-Interest-Bearing Accounts$106,948$105,816▼ $1,132
Land, Buildings, and Equipment, Net$31,901$31,901→ $0
Total Assets$756,922$755,860▼ $1,062
Other Assets Total$9,586$9,586→ $0
Liabilities
Accounts Payable and Accrued Expenses$558,402$516,068▼ $42,334
Total Liabilities$558,402$516,068▼ $42,334
Net Assets / Fund Balance
Unrestricted Net Assets$198,520$239,792▲ $41,272
Total Net Assets Fund Balance$198,520$239,792▲ $41,272
Total Liabilities and Net Assets / Fund Balance$756,922$755,860▼ $1,062

Asset Categories

AssetBook ValueDepreciationBasis
Land$31,901-$31,901
Other Land Buildings-$4,936$4,936
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Vera Corley - SimsExecutive DiFT$99,000$99,000
Tony CorleyCFOFT$55,008$55,008

Board Members and Trustees

NameTitle
Earl JohnsonChairman
Charles TaylorDirector
Tyrone BennettDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$12,800
Program Service Revenue
$7,200,466
Investment Income
$0
Other Revenue
$0
All Other Contributions
$12,800
Change in Net Assets
$41,272

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,213,266
Total Revenue per Audited Statements
$7,213,266
Total Revenue per Form 990
$7,213,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,411,310
Salaries, Compensation, and Employee Benefits$483,995
Other Expenses$276,689
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$6,411,310--$6,411,310
Other Salaries and Wages-$281,852-$281,852
Current Officers, Directors, Trustees, and Key Employees-$154,008-$154,008
Office Expenses-$112,423-$112,423
Occupancy-$84,146-$84,146
Travel-$36,454-$36,454
Payroll Taxes-$32,863-$32,863
Fees for Services Accounting-$15,569-$15,569
Other Employee Benefits-$13,759-$13,759
Insurance-$2,264-$2,264
Other Expenses-$1,981-$1,981
Pension Plan Contributions-$1,513-$1,513
Interest-$466-$466
Total Functional Expenses$6,411,310$760,684$0$7,171,994

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,171,994
Total Expenses per Audited Statements$7,171,994
Total Expenses per Form 990$7,171,994
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Page 6, Part VI, Line 2

Dr. Vera corley-sims tony corley exec. Dir. Cfo parent dr vera corley -sims earl johnson exec. Dir. Director siblings

Form 990, Page 6, Part VI, Line 11B

The board reviews the form 990 before filing.

Form 990, Page 6, Part VI, Line 12C

Annual reporting required on any conflict of interest.

Form 990, Page 6, Part VI, Line 15A

Uses naics and standard occupational classification codes to determine allowable pay scales for all positions.

Form 990, Page 6, Part VI, Line 15B

Uses naics and standard occupational classification codes to determine pay scales for all job positions.

Form 990, Page 6, Part VI, Line 19

Upon request and at nonprofit offices.

Filing and Contact Details

Filer

Filer Name
Karamu Nutrition Program
EIN
62-1510796
Phone
9013278401
Address
2670 UNION AVENUE EXTENDED STE 900, MEMPHIS, TN 38112

Signing Officer

Name
Tony Corley
Title
CFO
Phone
9013278401
Signed
2018-02-23

Organization Details

Principal Officer
Tony Corley
Formed
1992
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
3
Employees
16

Preparer

Firm
Scott & Pohlman Pc
Address
5100 POPLAR AVENUE SUITE 617, MEMPHIS, TN 38137-0601
Preparer
Alisa S Farmer
Phone
9017614692
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide low cost, high quality value added services to cacfp organizations. Sponsorship to usda cacfp which provides nutritious foods contributing to the wellness, healthy growth, and development of young children.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE LOW COST, HIGH QUALITY VALUE ADDED SERVICES TO CACFP ORGANIZATIONS. SPONSORSHIP TO USDA CACFP WHICH PROVIDES NUTRITIOUS FOODS CONTRIBUTING TO THE WELLNESS, HEALTHY GROWTH, AND DEVELOPMENT OF YOUNG CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DR. VERA CORLEY-SIMS TONY CORLEY EXEC. DIR. CFO PARENT DR VERA CORLEY -SIMS EARL JOHNSON EXEC. DIR. DIRECTOR SIBLINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REPORTING REQUIRED ON ANY CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4USES NAICS AND STANDARD OCCUPATIONAL CLASSIFICATION CODES TO DETERMINE ALLOWABLE PAY SCALES FOR ALL POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5USES NAICS AND STANDARD OCCUPATIONAL CLASSIFICATION CODES TO DETERMINE PAY SCALES FOR ALL JOB POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST AND AT NONPROFIT OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0756922
IRS990/TotalAssetsEOYAmt0755860
IRS990/TotalAssetsGrp/BOYAmt0756922
IRS990/TotalAssetsGrp/EOYAmt0755860
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt012800
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0760684
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06411310
IRS990/TotalFunctionalExpensesGrp/TotalAmt07171994
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0558402
IRS990/TotalLiabilitiesEOYAmt0516068
IRS990/TotalLiabilitiesGrp/BOYAmt0558402
IRS990/TotalLiabilitiesGrp/EOYAmt0516068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0198520
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0239792
IRS990/TotalProgramServiceExpensesAmt06411310
IRS990/TotalProgramServiceRevenueAmt07200466
IRS990/TotalReportableCompFromOrgAmt0154008
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07200466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07213266
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0756922
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0755860
IRS990/TravelGrp/ManagementAndGeneralAmt036454
IRS990/TravelGrp/TotalAmt036454
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0198520
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0239792
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02670 UNION AVENUE EXT SUITE 900
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038112
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.KARAMU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY CORLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09013278401
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARAMU NUTRITION PROGRAM
ReturnHeader/Filer/BusinessNameControlTxt0KARA
ReturnHeader/Filer/EIN0621510796
ReturnHeader/Filer/PhoneNum09013278401
ReturnHeader/Filer/USAddress/AddressLine1Txt02670 UNION AVENUE EXTENDED STE 900
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038112
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CD60F97B5C217AF3FD56CBF34464F4E4169ABA99
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03DDA63BF7459B35A9D2E68171442BEEF9480AD88
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621518664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT & POHLMAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05100 POPLAR AVENUE SUITE 617
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEMPHIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0381370601
ReturnHeader/PreparerPersonGrp/PhoneNum09017614692
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALISA S FARMER
ReturnHeader/ReturnTs02018-05-09T10:11:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.85$0.31$8.59$8.60$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.82$0.32$7.87$7.92$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.66$0.38$7.42$7.29$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.70$0.25$7.05$6.97$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.73$0.17$6.29$6.25$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.76$0.64$0.12$7.53$7.59$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.69$0.19$7.64$7.69$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.52$0.24$7.21$7.17$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.56$0.20$6.76$6.77$0.01
2015Summary only. Only limited summary data is available for this year.$0.61$0.41$0.21$5.83$5.83$0.01
2014Summary only. Only limited summary data is available for this year.$0.65$0.45$0.20$6.17$6.14$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.43$0.17$6.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.42$0.19$6.02
2011Summary only. Only limited summary data is available for this year.$0.68$0.45$0.22$5.63$5.60$0.03