Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
EIN 94-3487601 • 501(c)3 • Memphis, TN
Profile
To provide a safe and collaborative environment which will cultivate the academic and social development of its students by emphasizing math, science, and technology for the purpose of students setting and meeting higher education goals.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Up$37,129,287
Up $5,032,820 (+16%) from 2023
Liabilities
Up$22,221,124
Up $579,931 (+2.7%) from 2023
Net Assets
Up$14,908,163
Up $4,452,889 (+43%) from 2023
Revenue
Up$26,201,905
Up $6,060,008 (+30%) from 2023
Expenses
Up$21,749,016
Up $2,264,339 (+12%) from 2023
Net Income
Up$4,452,889
Up $3,795,669 (+578%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The mission of memphis school of excellence is to provide a safe and collaborative environment which will cultivate the academic and social development of its students by emphasizing math, science, and technology for the purpose of students setting and meeting higher education goals.
To provide a safe and collaborative environment which will cultivate the academic and social development of its students by emphasizing math, science, and technology for the purpose of students setting and meeting higher education goals.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,868,114 | $13,139,280 | ▲ $2,271,166 |
| Cash and Non-Interest-Bearing Accounts | $7,771,766 | $10,533,420 | ▲ $2,761,654 |
| Intangible Assets | $9,196,539 | $9,196,539 | → $0 |
| Pledges and Grants Receivable | $1,001,757 | $1,001,757 | → $0 |
| Prepaid Expenses and Deferred Charges | $67,567 | $67,567 | → $0 |
| Total Assets | $32,096,467 | $37,129,287 | ▲ $5,032,820 |
| Other Assets Total | $3,190,724 | $3,190,724 | → $0 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $9,988,040 | $9,830,419 | ▼ $157,621 |
| Other Liabilities | $9,528,642 | $9,776,607 | ▲ $247,965 |
| Accounts Payable and Accrued Expenses | $1,341,314 | $2,614,098 | ▲ $1,272,784 |
| Deferred Revenue | $783,197 | - | - |
| Total Liabilities | $21,641,193 | $22,221,124 | ▲ $579,931 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $8,744,698 | $14,608,629 | ▲ $5,863,931 |
| Net Assets With Donor Restrictions | $1,710,576 | $299,534 | ▼ $1,411,042 |
| Total Net Assets Fund Balance | $10,455,274 | $14,908,163 | ▲ $4,452,889 |
| Total Liabilities and Net Assets / Fund Balance | $32,096,467 | $37,129,287 | ▲ $5,032,820 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $11,188,562 | $2,959,137 | $14,147,699 |
| Land | $1,544,600 | - | $1,544,600 |
| Equipment | $406,118 | $798,631 | $1,204,749 |
| Other Assets Org | $1,320,549 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Samuel Beyhan | Exec Director | FT | $117,373 | $117,373 |
| Mugire Ayci | Asst. Exec Director | FT | $100,987 | $100,987 |
| Name | Title |
|---|---|
| Dr Richard E Potts | President |
| Veda V T Cherry | Vice-president |
| Dr Cem Akkus | Board Member |
| Dr David C Akdemir | Board Member |
| Dr Ismail Fidan | Board Member |
| Patty Farmer | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $13,991,423 |
| Other Expenses | $7,757,593 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $9,956,726 | $3,058,097 | - | $13,014,823 |
| Occupancy | - | $3,116,259 | - | $3,116,259 |
| Office Expenses | $4,097 | $2,816,389 | - | $2,820,486 |
| Payroll Taxes | $560,865 | $197,375 | - | $758,240 |
| All Other Expenses | $505,550 | $192,214 | - | $697,764 |
| Interest | - | $697,540 | - | $697,540 |
| Current Officers, Directors, Trustees, and Key Employees | - | $218,360 | - | $218,360 |
| Other Expenses | $237,571 | $32,111 | - | $32,111 |
| Travel | $16,441 | $1,473 | - | $17,914 |
| Advertising | - | $4,916 | - | $4,916 |
| Total Functional Expenses | $11,281,250 | $10,467,766 | $0 | $21,749,016 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Lease Liability | $8,993,410 |
| Deferred Inflows | $783,197 |
“The board reviews form 990 for approval before the return is filed.”
“The board reviews compliance with the conflict of interest policy by board members, key employees and staff on a regular basis.”
“The process for determining the compensation of the key employees is determined by using shelby county schools(scs) pay scale for its employees. Executive director and principal salaries are determined based on scs pay scale.”
“The documents are available on the organization's website as well as upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1341314 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2614098 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 4916 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4916 |
| IRS990/AllOtherContributionsAmt | 0 | 3866270 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 192214 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 505550 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 697764 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9013677814 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4450 S MENDENHALL RD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38141 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 7771766 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 10533420 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 218360 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 218360 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5648401 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 7757593 |
| IRS990/CYOtherRevenueAmt | 0 | 716687 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 19836817 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 4452889 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 13991423 |
| IRS990/CYTotalExpensesAmt | 0 | 21749016 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 26201905 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 783197 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | A PUBLIC CHARTER SCHOOL PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | MEMPHIS SCHOOL OF EXCELLENCE |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1710576 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 299534 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 249 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 11281250 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DR CEM AKKUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DR DAVID C AKDEMIR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DR RICHARD E POTTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | VEDA V T CHERRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DR ISMAIL FIDAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | PATTY FARMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SAMUEL BEYHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MUGIRE AYCI |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 117373 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 100987 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXEC DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | ASST. EXEC DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 1782131 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 26201905 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 9196539 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 9196539 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 697540 |
| IRS990/InterestGrp/TotalAmt | 0 | 697540 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 30 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3757768 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 10868114 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 13139280 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 16897048 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF MEMPHIS SCHOOL OF EXCELLENCE IS TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 9988040 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 9830419 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 10455274 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 14908163 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 8744698 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 14608629 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3116259 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 3116259 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2816389 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 4097 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2820486 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 3190724 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 3190724 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | STAFF DEVELOPMENT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 133032 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 32111 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 237571 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 370603 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 32111 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 9528642 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 9776607 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 611600 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 716687 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 716687 |
| IRS990/OtherRevenueTotalAmt | 0 | 716687 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 3058097 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 9956726 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 13014823 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 197375 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 560865 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 758240 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 1001757 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1001757 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 67567 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 67567 |
| IRS990/PrincipalOfficerNm | 0 | SAMUEL BEYHAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PER PUPIL ALLOCATION REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CHARGES FOR SERVICES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 19786147 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 50670 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 19786147 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 50670 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 4855819 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 7497684 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 15286078 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 657220 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 11986993 |
| IRS990/PYTotalExpensesAmt | 0 | 19484677 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 20141897 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4452889 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 20553504 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 11188562 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2959137 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 14147699 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 406118 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 798631 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1204749 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1544600 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1544600 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 343869 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 1526306 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 1320549 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESTRICTED CASH |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DEFERRED OUTFLOWS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | NET PENSION ASSET |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 783197 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 8993410 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DEFERRED INFLOWS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LEASE LIABILITY |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 13139280 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 3190724 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 9776607 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL IS A PUBLIC CHARTER SCHOOL. SCHOLARSHIPS ARE NOT OFFERED. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE SCHOOL RECEIVED FINANCIAL AID FROM THE FEDERAL GOVERNMENT AND THE STATE OF TENNESSEE THROUGH THE FOLLOWING AWARDS: TITLE 1, ESSER, SCS PER PUPIL ALLOCATIONS, AND CAPITAL OUTLAY. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 4 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD REVIEWS FORM 990 FOR APPROVAL BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY BOARD MEMBERS, KEY EMPLOYEES AND STAFF ON A REGULAR BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PROCESS FOR DETERMINING THE COMPENSATION OF THE KEY EMPLOYEES IS DETERMINED BY USING SHELBY COUNTY SCHOOLS(SCS) PAY SCALE FOR ITS EMPLOYEES. EXECUTIVE DIRECTOR AND PRINCIPAL SALARIES ARE DETERMINED BASED ON SCS PAY SCALE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL AS UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 32096467 |
| IRS990/TotalAssetsEOYAmt | 0 | 37129287 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 32096467 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 37129287 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 5648401 |
| IRS990/TotalEmployeeCnt | 0 | 249 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 10467766 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 11281250 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 21749016 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 21641193 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 22221124 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 21641193 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 22221124 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 10455274 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 14908163 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 11281250 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 19836817 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 218360 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 20553504 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 26201905 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 150 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 32096467 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 37129287 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 1473 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 16441 |
| IRS990/TravelGrp/TotalAmt | 0 | 17914 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 4450 S MENDENHALL RD |
| IRS990/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/USAddress/ZIPCd | 0 | 38141 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SEMEMPHIS.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SAMUEL BEYHAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9013677814 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | READ FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | READ |
| ReturnHeader/Filer/EIN | 0 | 943487601 |
| ReturnHeader/Filer/PhoneNum | 0 | 9013677814 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4450 S MENDENHALL RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 38141 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 621657946 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CANNON WRIGHT BLOUNT PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 756 RIDGE LAKE BLVD SUITE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 38120 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9016857500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEPHANIE L LIVINGSTON CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T11:18:57-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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