Civic Intelligence

The Cathedral Foundation Inc

EIN 81-1596426 • 501(c)3 • Memphis, TN

Profile

The Cathedral Foundation Inc. Is a charitable resource organization that supports education, health, culture and social services.

561 S Prescott StreetMemphis, TN 38114

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

3.93x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

97th percentile

91%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$2,500

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

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

Asset Growth

16th percentile

-56%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$4,036

Up $3,270 (+427%) from 2023

Liabilities

Down

$15,865

Down $55 (-0.3%) from 2023

Net Assets

Up

$159,339

Up $174,493 (+1151%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin97th percentile

Revenue

Up

$192,533

Up $55,997 (+41%) from 2023

Expenses

Down

$18,040

Down $153,489 (-89%) from 2023

Net Income

Up

$174,493

Up $209,486 (+599%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2018: $7,865Liabilities 2018: $0Net Assets 2018: $7,8652018Assets 2021: $1,727Liabilities 2021: $1,000Net Assets 2021: $7272021Assets 2022: $20,824Liabilities 2022: $985Net Assets 2022: $19,8392022Assets 2023: $766Liabilities 2023: $15,920Net Assets 2023: -$15,1542023Assets 2024: $4,036Liabilities 2024: $15,865Net Assets 2024: $159,3392024

Highlighted filing

2024

Assets$4,036
Liabilities$15,865
Net Assets$159,339
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2018: $32,330Expenses 2018: $32,561Net Income 2018: -$2312018Revenue 2021: $52,129Expenses 2021: $57,557Net Income 2021: -$5,4282021Revenue 2022: $131,488Expenses 2022: $112,376Net Income 2022: $19,1122022Revenue 2023: $136,536Expenses 2023: $171,529Net Income 2023: -$34,9932023Revenue 2024: $192,533Expenses 2024: $18,040Net Income 2024: $174,4932024

Highlighted filing

2024

Revenue$192,533
Expenses$18,040
Net Income$174,493
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,036
Liabilities
$15,865
Net assets
$159,339
Revenue
$192,533
Expenses
$18,040
Net income
$174,493
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.16$1.59$1.93$0.18$1.74
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.16$0.15$1.37$1.72$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$1.31$1.12$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.52$0.58$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.32$0.33$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.2
Gross Receipts
$192,533
Mission and Program Overview

Mission

The Cathedral Foundation Inc. Is a charitable resource organization that supports education, health, culture and social services.

Program Services

DescriptionGrantsExpenses
unity and pride by promoting equality/inclusion, human rights, education, outreach, arts, and culture of the Memphis and Mid-Souths LGBTQ community and allies.$0$30,735
The Dapper Ball of Memphis will honor the uniqueness of Memphians in your respective representation of what it means to be Dapper!$0$0
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Davin ClemmonsPresidentPT$0--
Darnell GoochVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
The Cathedral Foundation Inc
EIN
81-1596426
Phone
9018310821
Address
561 S Prescott Street, Memphis, TN 38114

Signing Officer

Name
Davin Clemons
Title
Treasurer
Phone
9018310821
Signed
2025-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Davis Professional
Address
5545 Murray Ave Ste 207, Memphis, TN 38119
Preparer
Courtney N Davis
Phone
9017617762
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Business Licenses and Permits”

Form 990EZ, Part I, Line 16

“Advertising and Promotion”

Form 990EZ, Part I, Line 16

“Vehicle Expenses”

Form 990EZ, Part I, Line 16

“Bank Service Charges”

Form 990EZ, Part I, Line 16

“Travel & Meals”

Form 990EZ, Part I, Line 16

“Business expenses”

Form 990EZ, Part I, Line 16

“Conference, convention, meeting”

Form 990EZ, Part I, Line 16

“Travel”

Form 990EZ, Part I, Line 16

“Misc-expenses”

Form 990EZ, Part I, Line 16

“Small Tools and Equipment”

Form 990EZ, Part I, Line 16

“Supplies”

Form 990EZ, Part I, Line 16

“Charitable contributions”

Form 990EZ, Part I, Line 16

“Evangelism and Special Events”

Form 990EZ, Part II, Line 26

“SBAD Loan 920. 865.”

Form 990EZ, Part II, Line 26

“Loan US Bank 15000. 15000.”

Raw XML Appendix171 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt018040
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Davis Professional Services
IRS990EZ/BooksInCareOfDetail/PhoneNum09017617762
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05545 Murray Ave Ste 207
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038119
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0766
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04036
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt032590
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0174493
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0766
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04036
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0192533
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-15154
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0159339
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-15154
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-11829
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Davin Clemmons
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Darnell Gooch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Cathedral Foundation Inc. Is a charitable resource organization that supports education, health, culture and social services.
IRS990EZ/ProgramServiceRevenueAmt0159943
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0unity and pride by promoting equality/inclusion, human rights, education, outreach, arts, and culture of the Memphis and Mid-Souths LGBTQ community and allies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The Dapper Ball of Memphis will honor the uniqueness of Memphians in your respective representation of what it means to be Dapper!
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030735
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015920
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt015865
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018040
IRS990EZ/TotalProgramServiceExpensesAmt030735
IRS990EZ/TotalRevenueAmt0192533
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt032590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0126488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt052129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0283995
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0283995
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt032590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0126488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt052129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012788
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0283995
IRS990ScheduleA/TotalSupportAmt0283995
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Business Licenses and Permits
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Vehicle Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Service Charges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Travel & Meals
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Business expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Conference, convention, meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Travel
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Misc-expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Small Tools and Equipment
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Charitable contributions
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Evangelism and Special Events
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SBAD Loan 920. 865.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Loan US Bank 15000. 15000.
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 I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Davin Clemons
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09018310821
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Cathedral Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0CATH
ReturnHeader/Filer/EIN0811596426
ReturnHeader/Filer/PhoneNum09018310821
ReturnHeader/Filer/USAddress/AddressLine1Txt0561 S Prescott Street
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038114
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272255968
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Davis Professional
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05545 Murray Ave Ste 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038119
ReturnHeader/PreparerPersonGrp/PhoneNum09017617762
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Courtney N Davis
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-06T16:11:38-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.