Civic Intelligence

Slingshot Memphis Inc

EIN 81-3772313 • 501(c)3 • Memphis, TN

Profile

Slingshot has developed a new, standardized methodology to measure poverty-fighting effectiveness. By providing previously unavailable insights about poverty-fighting outcomes, we empower decision makers to allocate financial and other resources toward solutions that produce effective outcomes for our neighbors experiencing poverty.

2481 Broad AvenueMemphis, TN 38112

www.slingshotmemphis.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.46x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.38x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$209,375

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

4th percentile

-55%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-1.4%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$551,571

Down $663,919 (-55%) from 2023

Liabilities

Down

$804,189

Down $131,711 (-14%) from 2023

Net Assets

Down

-$252,618

Down $532,208 (-190%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin12th percentile

Revenue

Down

$2,136,755

Down $30,530 (-1.4%) from 2023

Expenses

Down

$2,668,963

Down $17,714 (-0.7%) from 2023

Net Income

Down

-$532,208

Down $12,816 (-2.5%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2016: $437,625Liabilities 2016: $21,600Net Assets 2016: $416,0252016Assets 2017: $797,059Liabilities 2017: $10,955Net Assets 2017: $786,1042017Assets 2018: $768,464Liabilities 2018: $5,965Net Assets 2018: $762,4992018Assets 2019: $806,417Liabilities 2019: $76,268Net Assets 2019: $730,1492019Assets 2020: $2,407,281Liabilities 2020: $1,889,828Net Assets 2020: $517,4532020Assets 2021: $2,015,540Liabilities 2021: $1,076,753Net Assets 2021: $938,7872021Assets 2022: $1,692,803Liabilities 2022: $866,894Net Assets 2022: $825,9092022Assets 2023: $1,215,490Liabilities 2023: $935,900Net Assets 2023: $279,5902023Assets 2024: $551,571Liabilities 2024: $804,189Net Assets 2024: -$252,6182024

Highlighted filing

2024

Assets$551,571
Liabilities$804,189
Net Assets-$252,618
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $471,838Expenses 2016: $55,813Net Income 2016: $416,0252016Revenue 2017: $1,296,936Expenses 2017: $926,857Net Income 2017: $370,0792017Revenue 2018: $1,694,398Expenses 2018: $1,718,003Net Income 2018: -$23,6052018Revenue 2019: $2,314,437Expenses 2019: $2,346,787Net Income 2019: -$32,3502019Revenue 2020: $2,802,369Expenses 2020: $3,172,421Net Income 2020: -$370,0522020Revenue 2021: $2,902,886Expenses 2021: $2,324,852Net Income 2021: $578,0342021Revenue 2022: $2,181,089Expenses 2022: $2,243,736Net Income 2022: -$62,6472022Revenue 2023: $2,167,285Expenses 2023: $2,686,677Net Income 2023: -$519,3922023Revenue 2024: $2,136,755Expenses 2024: $2,668,963Net Income 2024: -$532,2082024

Highlighted filing

2024

Revenue$2,136,755
Expenses$2,668,963
Net Income-$532,208
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$551,571
Liabilities
$804,189
Net assets
-$252,618
Revenue
$2,136,755
Expenses
$2,668,963
Net income
-$532,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.80$0.25$2.14$2.67$0.53
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.94$0.28$2.17$2.69$0.52
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.87$0.83$2.18$2.24$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.02$1.08$0.94$2.90$2.32$0.58
2020Detailed filing. Detailed filing data is available for this year.$2.41$1.89$0.52$2.80$3.17$0.37
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.08$0.73$2.31$2.35$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$1.69$1.72$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.79$1.30$0.93$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.42$0.47$0.06$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 13, 2026
Return Version
2024v5.5
Gross Receipts
$2,136,755
Mission and Program Overview

Mission

Slingshot has developed a new, standardized methodology to measure poverty-fighting effectiveness. By providing previously unavailable insights about poverty-fighting outcomes, we empower decision makers to allocate financial and other resources toward solutions that produce effective outcomes for our neighbors experiencing poverty.

Slingshot memphis, inc. Is catalyzing a movement to revolutionize poverty-fighting effectiveness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$905,533$423,327▼ $482,206
Pledges and Grants Receivable$199,828$90,761▼ $109,067
Land, Buildings, and Equipment, Net$25,638$20,811▼ $4,827
Intangible Assets$75,559$10,629▼ $64,930
Prepaid Expenses and Deferred Charges$3,889$1,000▼ $2,889
Total Assets$1,215,490$551,571▼ $663,919
Other Assets Total$5,043$5,043→ $0
Liabilities
Accounts Payable and Accrued Expenses$925,325$769,189▼ $156,136
Other Liabilities$10,575$35,000▲ $24,425
Total Liabilities$935,900$804,189▼ $131,711
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$279,590$-252,618▼ $532,208
Total Net Assets Fund Balance$279,590$-252,618▼ $532,208
Total Liabilities and Net Assets / Fund Balance$1,215,490$551,571▼ $663,919

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$15,200$5,528$20,728
Equipment$5,611$11,429$17,040
Buildings$0--
Other Land Buildings$0--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jared BarnettCEOFT$175,114$34,261$209,375
Yoan AnguiletDirector of Tech & Data EnFT$120,312$30,984$151,296
John G DunavantDirector of Insights & ImpFT$127,195$15,079$142,274

Board Members and Trustees

NameTitle
John SimsChairman
Deandre JonesBoard Member
Gretchen MclennonBoard Member
Harriet McfaddenBoard Member
Hunter CowanBoard Member
John MartinezBoard Member
Larry RobinsonBoard Member
Nancy Hula MillsBoard Member
Shawna EngelBoard Member
Tanya FreyBoard Member
Meg CrosbySecretary
Fred TowlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,121,159
Program Service Revenue
$0
Investment Income
$15,596
Other Revenue
$0
All Other Contributions
$2,119,159
Change in Net Assets
$-532,208

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,136,755
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$2,148,755
Total Revenue per Form 990
$2,136,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,675,612
Grants and Similar Amounts Paid$645,200
Other Expenses$348,151
Total Fundraising Expense$237,524
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,094,590$79,281$104,855$1,278,726
Grants to Domestic Orgs$645,200--$645,200
Current Officers, Directors, Trustees, and Key Employees$179,225$12,982$17,169$209,376
Fees for Services Other$61,370$23,366$57,013$141,749
Payroll Taxes$90,330$6,543$8,653$105,526
Other Employee Benefits$54,975$3,982$5,266$64,223
Occupancy$47,383$7,545$5,432$60,360
Advertising$18,618-$21,856$40,474
Fees for Services Accounting$10,510$4,001$9,764$24,275
Pension Plan Contributions$15,204$1,101$1,456$17,761
Depreciation Depletion$11,020$1,378$1,378$13,776
Office Expenses$8,108$668$763$9,539
Travel$5,588$1,118$745$7,451
Other Expenses$4,564$3,170$948$3,170
Total Functional Expenses$2,276,753$154,686$237,524$2,668,963

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,680,963
Expenses per Audited Statements$2,668,963
Total Expenses per Form 990$2,668,963
Expenses Not Reported on Form 990$12,000
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
AllmemphisMemphis, TN501(c)(3)Program Support$25,000
City Year MemphisMemphis, TN501(c)(3)Program Support$25,000
CodecrewMemphis, TN501(c)(3)Program Support$25,000
Goodwill Excel CenterMemphis, TN501(c)(3)Program Support$25,000
Knowledge QuestMemphis, TN501(c)(3)Program Support$25,000
LifedocMemphis, TN501(c)(3)Program Support$25,000
The Collective BlueprintMemphis, TN501(c)(3)Program Support$25,000
NURSE-FAMILY PARTNERSHIP (LE BONHEUR CHILDREN'S HOSPITAL)Memphis, TN501(c)(3)Program Support$22,886
Agape Child & Family ServicesMemphis, TN501(c)(3)Program Support$17,439
Memphis Teacher ResidencyMemphis, TN501(c)(3)Program Support$17,439
Communities in School MemphisMemphis, TN501(c)(3)Program Support$15,000
Girls Inc of MemphisMemphis, TN501(c)(3)Program Support$15,000
Juvenile Intervention and Faith-based Follow-upMemphis, TN501(c)(3)Program Support$15,000
Lifeline to SuccessMemphis, TN501(c)(3)Program Support$15,000
Man Up Teacher FellowshipMemphis, TN501(c)(3)Program Support$15,000
Su CasaMemphis, TN501(c)(3)Program Support$15,000
Memphis Inner City RugbyNashville, TN501(c)(3)Program Support$13,950
Porter-leathMemphis, TN501(c)(3)Program Support$12,207
William R Moore College of TechnologyMemphis, TN501(c)(3)Program Support$11,626
Center for Employment OpportunitiesMemphis, TN501(c)(3)Program Support$10,463
Tech901Memphis, TN501(c)(3)Program Support$10,463
Ywca of Greater MemphisMemphis, TN501(c)(3)Program Support$10,463
Hope WorksMemphis, TN501(c)(3)Program Support$10,366
Advocates for Immigrants RightsMemphis, TN501(c)(3)Program Support$10,000
Angel Street MemphisMemphis, TN501(c)(3)Program Support$10,000
Apple Seeds IncCordova, TN501(c)(3)Program Support$10,000
Believe Memphis AcademyMemphis, TN501(c)(3)Program Support$10,000
Binghampton Development CorporationMemphis, TN501(c)(3)Program Support$10,000
Boys and Girls Clubs of Greater MemphisMemphis, TN501(c)(3)Program Support$10,000
Catholic Charities of West TnMemphis, TN501(c)(3)Program Support$10,000
Collegiate School of MemphisMemphis, TN501(c)(3)Program Support$10,000
Community Legal CenterMemphis, TN501(c)(3)Program Support$10,000
Empowered to ConnectMemphis, TN501(c)(3)Program Support$10,000
Literacy Mid-southMemphis, TN501(c)(3)Program Support$10,000
Mutlinational Memphis IncMemphis, TN501(c)(3)Program Support$10,000
My City RidesMemphis, TN501(c)(3)Program Support$10,000
New Hope Christian AcademyMemphis, TN501(c)(3)Program Support$10,000
Oasis of HopeCordova, TN501(c)(3)Program Support$10,000
Refugee Empowerment ProgramMemphis, TN501(c)(3)Program Support$10,000
Restore CorpsMemphis, TN501(c)(3)Program Support$10,000
Room in the InnMemphis, TN501(c)(3)Program Support$10,000
Service Over SelfMemphis, TN501(c)(3)Program Support$10,000
Metropolitan Inter-faith AssociationMemphis, TN501(c)(3)Program Support$9,301
Soulsville Charter SchoolMemphis, TN501(c)(3)Program Support$9,301
Hope HouseMemphis, TN501(c)(3)Program Support$8,138
Economic OpportunitiesMemphis, TN501(c)(3)Program Support$7,557
Alpha Omega Veterans Services IncMemphis, TN501(c)(3)Program Support$5,813
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest-free Note Payable - Related Party$35,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Part VI, Section B, Line 11B

“The 990 is prepared by a certified public accounting firm. A review is performed by the executive director and copies are furnished to each board member prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Each director, officer and employee shall be provided with and asked to review a copy of this policy annually. The organization requires a disclosure form be completed, submitted and signed on at least an annual basis.”

Form 990, Part VI, Section B, Line 15

“The organization determines compensation by evaluating the experience, background, resume, and etc. Compensation is also determined by comparing other chief executive officer and executive director salaries with similar roles and responsibilities. Finally, the board of directors reviews and approves the employment contract and compensation.”

Form 990, Part VI, Section C, Line 19

“These documents are not made available to the general public.”

Filing and Contact Details

Filer

Filer Name
Slingshot Memphis Inc
EIN
81-3772313
Phone
9013006634
Address
2481 BROAD AVENUE, MEMPHIS, TN 38112

Signing Officer

Name
Jared Barnett
Title
CEO
Phone
9013006634
Signed
2026-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared Barnett
Formed
2016
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
0

Preparer

Firm
Cannon Wright Blount Pllc
Address
965 RIDGE LAKE BLVD SUITE 100, MEMPHIS, TN 38120
Preparer
Donna S Whittington CPA
Phone
9016857500
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“The process is unchanged from the previous year.”

Form 990 Page 1 - Amended Return

“The form 990 is amended to add schedule g part i to report a payment to a professional fundraiser.”

Raw XML AppendixShowing 400 of 1,045 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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IRS990/Form990PartVIISectionAGrp/PersonNm13YOAN ANGUILET
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN G DUNAVANT
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IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF TECH & DATA EN
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF INSIGHTS & IMP
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IRS990/MissionDesc0SLINGSHOT HAS DEVELOPED A NEW, STANDARDIZED METHODOLOGY TO MEASURE POVERTY-FIGHTING IMPACT. THIS METHODOLOGY ENABLES US TO REVOLUTIONIZE POVERTY-FIGHTING EFFECTIVENESS BY EQUIPPING DECISION-MAKERS WITH THE INSIGHTS AND TOOLS TO MAKE EVIDENCE-BASED DECISIONS, INCREASING THE ALLOCATION OF FINANCIAL RESOURCES TO THE MOST EFFECTIVE POVERTY-FIGHTING EFFORTS, AND IMPROVING THE EFFECTIVENESS AND OUTCOMES OF POVERTY-FIGHTING ORGANIZATIONS.
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