Tennessee Scholar Academies

990 • Fiscal year 2023 • EIN 81-2796759

Jul 01, 2022 to Jun 30, 2023

Organization Profile WWW.MEMPHISSCHOLARS.ORG

Memphis, TN

Siviq Scores

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

0.17x

Higher debt load relative to assets than 55% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

0.12x

Higher debt load relative to revenue than 40% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

5.2%

Higher net margin than 53% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

No value available

This filing does not contain officer compensation rows.

Source year 2023

-30%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

-17%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$5,781,776

Down $2,511,992 (-30%) from 2022

Net Assets

Down

$4,810,908

Down $1,192,178 (-20%) from 2022

Liabilities

Down

$970,868

Down $1,319,814 (-58%) from 2022

Revenue And Expenses

Liabilities / Revenue40th percentile Net Margin53rd percentile

Revenue

Down

$8,369,214

Down $1,672,862 (-17%) from 2022

Expenses

$7,936,292

Up $578,077 (+7.9%) from 2022

Net Income

Down

$432,922

Down $2,250,939 (-84%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

Highlighted filing

2023

Assets$5,781,776

Liabilities$970,868

Net Assets$4,810,908

Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

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

Highlighted filing

2023

Revenue$8,369,214

Expenses$7,936,292

Net Income$432,922

Open 2023 Filing

Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jul 1, 2022 to Jun 30, 2023

Mission and Program Overview

Mission

To inspire and teach all students so that each and every child has the opportunity to choose, and achieve, their future.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $5,781,776
Liabilities: $970,868
Net assets: $4,810,908
Revenue: $8,369,214
Expenses: $7,936,292
Net income: $432,922

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.61	$1.10	$5.51	$10.00	$9.29	$0.70
2023Summary only. Only limited summary data is available for this year.	$5.78	$0.97	$4.81	$8.37	$7.94	$0.43
2022Summary only. Only limited summary data is available for this year.	$8.29	$2.29	$6.00	$10.0	$7.36	$2.68
2021Summary only. Only limited summary data is available for this year.	$4.87	$1.45	$3.41	$8.09	$8.18	$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.24	$0.74	$3.50	$9.85	$9.12	$0.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.38	$0.61	$2.77	$9.88	$9.29	$0.59
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.04	$0.86	$2.18	$9.75	$9.41	$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.76	$0.92	$1.84	$10.7	$10.4	$0.26