Civic Intelligence

Memphis Kings

990EZ • Fiscal year 2024 • EIN 94-3462286

Aug 01, 2023 to Jul 31, 2024 • Filed on Nov 24, 2024

1362 Farrow RoadMemphis, TN 38109

(901) 571-1293

Siviq Scores

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

Liabilities / Assets

94th percentile

0.95x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.59x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

16th percentile

-25%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

94th percentile

147%

Faster asset growth than 94% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

32%

Faster revenue growth than 76% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$120,924

Up $71,920 (+147%) from 2023

Net Assets

Down

$6,000

Down $668 (-10%) from 2023

Liabilities

Up

$114,924

Up $72,588 (+171%) from 2023

Revenue

Up

$195,383

Up $46,858 (+32%) from 2023

Expenses

Up

$243,804

Up $115,996 (+91%) from 2023

Net Income

Down

-$48,421

Down $69,138 (-334%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2022: $25,951Liabilities 2022: $40,000Net Assets 2022: -$14,0492022Assets 2023: $49,004Liabilities 2023: $42,336Net Assets 2023: $6,6682023Assets 2024: $120,924Liabilities 2024: $114,924Net Assets 2024: $6,0002024Assets 2025: $76,013Liabilities 2025: $109,438Net Assets 2025: -$33,4252025

Highlighted filing

2024

Assets$120,924
Liabilities$114,924
Net Assets$6,000

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2022: $115,561Expenses 2022: $131,554Net Income 2022: -$15,9932022Revenue 2023: $148,525Expenses 2023: $127,808Net Income 2023: $20,7172023Revenue 2024: $195,383Expenses 2024: $243,804Net Income 2024: -$48,4212024Revenue 2025: $99,741Expenses 2025: $139,190Net Income 2025: -$39,4492025

Highlighted filing

2024

Revenue$195,383
Expenses$243,804
Net Income-$48,421
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Nov 24, 2024
Return Version
2023v6.0
Gross Receipts
$195,383
Mission and Program Overview

Mission

SEE PART III STATEMENT

To inspire, develop, and mentor youth regardless of religion, race, color, creed, national origin or socioeconomic background. To practice and instill in our youth positive attitudes about health, community involvement, character, citizenship and core family values. To implant the key elements of team sports such as safety, respect, teamwork,patience, and intelligent decision-making; emphasizing and mentoring youth in arenas of academics,athletics, community and family contributions; keeping God first in all one does; understanding the welfare of each player is first and foremost.

Program Services

DescriptionGrantsExpenses
SEE FORM 990-EZ, PART III, LINE 31 BELOW(LINES 28, 29 AND 30 TOTAL EXPENSES)$0$243,804
SEE FORM 990-EZ, PART III, LINE 31 BELOW$0$0
SEE FORM 990-EZ, PART III, LINE 31 BELOW$0$0
(1)YOUTH DEVELOPMENT/TEAM ACTIVITIES--Over one hundred youths on several occasions were taken on out of town trips from Memphis, TN, to cities,such as St Louis, MO, Nashville, TN, Gatlinburg, TN, and other historical, and beach communities. The goal was to expose the youths to experiences outside of their own communities. Memphis Kings is of the opinion that in order for youths to dream/inspire to higher level outside the box, they need exposure outside of their own economic/social environments. Each outing included visits to historical sites, amusement parks, swimming, horseback riding, rock climbing, putt-putt, basketball camps and tournaments, social and formal dining, and other cultural and team activities. (2)YOUTH EDUCATIONAL SUPPORT SERVICES--The organization assisted over two hundred youths with back to school supplies and clothing. Further, Memphis Kings assisted many disadvantaged youths having good character and academic achievement with college expenses upon of completion of high school. Also, educational and personal development tutoring were provided to any youth on an as needed basis. (3)COMMUNITY OUTREACH--Each year Memphis Kings hosts a Christmas party/banquet for over 300 disadvantaged youths in the Memphis, TN area. Each youth is provided with his full wish list and a larger than life Christmas party with all the bells and whistles, including goody bags and a visitor from the North Pole.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LYSANDER DAVISCEOFT$0--
ANGELA DAVISMemberPT$0--
DANA HAWKINSSecretaryPT$0--
NICOLE READERTreasurePT$0--
Filing and Contact Details

Filer

Filer Name
Memphis Kings
EIN
94-3462286
Phone
9015711293
Address
1362 FARROW ROAD, MEMPHIS, TN 38109

Signing Officer

Name
Lysander Davis
Title
CEO
Phone
9015711293
Signed
2024-11-24

Preparer

Firm
Matthew Mitchell Accounting& Tax Se
Address
6030 River Oaks Rd, Memphis, TN 38120
Preparer
Matthew Mitchell
Phone
9022896677
Supplemental Narrative

Additional Explanations

Pt III, Line 31

(1)YOUTH DEVELOPMENT/TEAM ACTIVITIES--Over one hundred youths on several occasions were taken on out of town trips from Memphis, TN, to cities,such as St Louis, MO, Nashville, TN, Gatlinburg, TN, and other historical, and beach communities. The goal was to expose the youths to experiences outside of their own communities. Memphis Kings is of the opinion that in order for youths to dream/inspire to higher level outside the box, they need exposure outside of their own economic/social environments. Each outing included visits to historical sites, amusement parks, swimming, horseback riding, rock climbing, putt-putt, basketball camps and tournaments, social and formal dining, and other cultural and team activities. (2)YOUTH EDUCATIONAL SUPPORT SERVICES--The organization assisted over two hundred youths with back to school supplies and clothing. Further, Memphis Kings assisted many disadvantaged youths having good character and academic achievement with college expenses upon of completion of high school. Also, educational and personal development tutoring were provided to any youth on an as needed basis. (3)COMMUNITY OUTREACH--Each year Memphis Kings hosts a Christmas party/banquet for over 300 disadvantaged youths in the Memphis, TN area. Each youth is provided with his full wish list and a larger than life Christmas party with all the bells and whistles, including goody bags and a visitor from the North Pole.

Form 990EZ, Part I, Line 16

Community outreach 10662.

Form 990EZ, Part I, Line 16

VAN EXPENSES 4268.

Form 990EZ, Part I, Line 16

BANK CHARGES 204.

Form 990EZ, Part I, Line 16

TEAM ACTIVITIES 30202.

Form 990EZ, Part I, Line 16

INSURANCE 8305.

Form 990EZ, Part I, Line 16

Meals and entertainment 10140.

Form 990EZ, Part I, Line 16

Supplies and materials 15668.

Form 990EZ, Part I, Line 16

TRAVEL 17406.

Form 990EZ, Part I, Line 16

SECURITY 600.

Form 990EZ, Part I, Line 16

Depreciation 31852.

Form 990EZ, Part I, Line 16

INTEREST EXPENSE 9604.

Form 990EZ, Part I, Line 16

MISCELLANEOUS 841.

Form 990EZ, Part I, Line 16

Advertising and marketing 3040.

Form 990EZ, Part I, Line 20

Net open balance sheet adjustments;van cost and bank loan 47753.

Form 990EZ, Part II, Line 24

Net depreciable van transportation 13082. 94231.

Form 990EZ, Part II, Line 26

Sba diaster covid-19 economic injury loan 42336. 42336.

Form 990EZ, Part II, Line 26

Pinnacle van loan 0. 72511.

Form 990EZ, Part II, Line 26

Credit card liabilities 0. 77.

Raw XML Appendix210 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/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To inspire, develop, and mentor youth regardless of religion, race, color, creed, national origin or socioeconomic background. To practice and instill in our youth positive attitudes about health, community involvement, character, citizenship and core family values. To implant the key elements of team sports such as safety, respect, teamwork,patience, and intelligent decision-making; emphasizing and mentoring youth in arenas of academics,athletics, community and family contributions; keeping God first in all one does; understanding the welfare of each player is first and foremost.
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SEE FORM 990-EZ, PART III, LINE 31 BELOW
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SEE FORM 990-EZ, PART III, LINE 31 BELOW(LINES 28, 29 AND 30 TOTAL EXPENSES)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3(1)YOUTH DEVELOPMENT/TEAM ACTIVITIES--Over one hundred youths on several occasions were taken on out of town trips from Memphis, TN, to cities,such as St Louis, MO, Nashville, TN, Gatlinburg, TN, and other historical, and beach communities. The goal was to expose the youths to experiences outside of their own communities. Memphis Kings is of the opinion that in order for youths to dream/inspire to higher level outside the box, they need exposure outside of their own economic/social environments. Each outing included visits to historical sites, amusement parks, swimming, horseback riding, rock climbing, putt-putt, basketball camps and tournaments, social and formal dining, and other cultural and team activities. (2)YOUTH EDUCATIONAL SUPPORT SERVICES--The organization assisted over two hundred youths with back to school supplies and clothing. Further, Memphis Kings assisted many disadvantaged youths having good character and academic achievement with college expenses upon of completion of high school. Also, educational and personal development tutoring were provided to any youth on an as needed basis. (3)COMMUNITY OUTREACH--Each year Memphis Kings hosts a Christmas party/banquet for over 300 disadvantaged youths in the Memphis, TN area. Each youth is provided with his full wish list and a larger than life Christmas party with all the bells and whistles, including goody bags and a visitor from the North Pole.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/TotalRevenueAmt0195383
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0195383
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0115561
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(1)YOUTH DEVELOPMENT/TEAM ACTIVITIES--Over one hundred youths on several occasions were taken on out of town trips from Memphis, TN, to cities,such as St Louis, MO, Nashville, TN, Gatlinburg, TN, and other historical, and beach communities. The goal was to expose the youths to experiences outside of their own communities. Memphis Kings is of the opinion that in order for youths to dream/inspire to higher level outside the box, they need exposure outside of their own economic/social environments. Each outing included visits to historical sites, amusement parks, swimming, horseback riding, rock climbing, putt-putt, basketball camps and tournaments, social and formal dining, and other cultural and team activities. (2)YOUTH EDUCATIONAL SUPPORT SERVICES--The organization assisted over two hundred youths with back to school supplies and clothing. Further, Memphis Kings assisted many disadvantaged youths having good character and academic achievement with college expenses upon of completion of high school. Also, educational and personal development tutoring were provided to any youth on an as needed basis. (3)COMMUNITY OUTREACH--Each year Memphis Kings hosts a Christmas party/banquet for over 300 disadvantaged youths in the Memphis, TN area. Each youth is provided with his full wish list and a larger than life Christmas party with all the bells and whistles, including goody bags and a visitor from the North Pole.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY OUTREACH 10662.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VAN EXPENSES 4268.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES 204.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEAM ACTIVITIES 30202.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE 8305.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEALS AND ENTERTAINMENT 10140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPLIES AND MATERIALS 15668.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRAVEL 17406.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SECURITY 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Depreciation 31852.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INTEREST EXPENSE 9604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MISCELLANEOUS 841.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ADVERTISING AND MARKETING 3040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14NET OPEN BALANCE SHEET ADJUSTMENTS;VAN COST AND BANK LOAN 47753.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15NET DEPRECIABLE VAN TRANSPORTATION 13082. 94231.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16SBA DIASTER COVID-19 ECONOMIC INJURY LOAN 42336. 42336.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PINNACLE VAN LOAN 0. 72511.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18CREDIT CARD LIABILITIES 0. 77.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
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 I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LYSANDER DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09015711293
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEMPHIS KINGS
ReturnHeader/Filer/BusinessNameControlTxt0MEMP
ReturnHeader/Filer/EIN0943462286
ReturnHeader/Filer/PhoneNum09015711293
ReturnHeader/Filer/USAddress/AddressLine1Txt01362 FARROW ROAD
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038109
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260158296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Matthew Mitchell Accounting& Tax Se
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06030 River Oaks Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038120
ReturnHeader/PreparerPersonGrp/PhoneNum09022896677
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW MITCHELL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-11T03:27:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31
ReturnHeader/TaxYr02023

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