Elvis Presley Memorial Fdn
EIN: 581632547 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $19K |
| Net Assets | $214K |
Is Elvis Presley Memorial Fdn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elvis Presley Memorial Fdn
Elvis Presley Memorial Fdn (EIN: 581632547) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $110K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elvis Presley Memorial Fdn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elvis Presley Memorial Fdn is a small nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $19K |
| Surplus / Deficit | +$115K |
| Total Assets | $214K |
| Total Liabilities | $1 |
| Net Assets | $214K |
| Operating Margin | 85.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 134.5 months |
Financial Health Grade: A
In 2023, Elvis Presley Memorial Fdn reported a surplus of $115K with revenue exceeding expenses, holds 134.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Elvis Presley Memorial Fdn's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +945.2% | +23.4% | +116.1% |
| 2022 | +726.4% | +181.8% | -2.6% |
| 2021 | -95.7% | -59.3% | -3.7% |
| 2020 | +3.8% | -52.7% | +60.9% |
| 2016 | +153.7% | +683.3% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elvis Presley Memorial Fdn has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elvis Presley Memorial Fdn with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $115K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Elvis Presley Memorial Fdn
Is Elvis Presley Memorial Fdn a legitimate charity?
Elvis Presley Memorial Fdn (EIN: 581632547) is a registered tax-exempt nonprofit based in Tennessee. It has 10 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: A.
How does Elvis Presley Memorial Fdn spend its money?
Elvis Presley Memorial Fdn reported $110K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elvis Presley Memorial Fdn tax-deductible?
Elvis Presley Memorial Fdn is registered as a tax-exempt nonprofit (EIN: 581632547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elvis Presley Memorial Fdn located?
Elvis Presley Memorial Fdn is headquartered in Memphis, Tennessee and files with the IRS under EIN 581632547.
How many years of IRS 990 filings does Elvis Presley Memorial Fdn have?
Elvis Presley Memorial Fdn has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $110K in total revenue.
Filing History
IRS 990 filing history for Elvis Presley Memorial Fdn showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Elvis Presley Memorial Fdn's revenue has grown by 222.7%, moving from $42K to $134K. Total assets increased by 1004.8% over the same period, from $19K to $214K. Total functional expenses fell by 84.9%, from $126K to $19K. In its most recent filing year (2023), Elvis Presley Memorial Fdn reported a surplus of $115K, with revenue exceeding expenses. The organization holds $1 in liabilities against $214K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $214K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $19K | $214K | $1 | — | View 990 |
| 2022 | $13K | $16K | $99K | $2K | — | View 990 |
| 2021 | $2K | $6K | $102K | $2K | — | — |
| 2020 | $36K | $14K | $106K | $2K | — | — |
| 2016 | $35K | $29K | $66K | $1 | — | View 990 |
| 2015 | $14K | $4K | $60K | $1 | — | View 990 |
| 2014 | $32K | $1K | $50K | $1 | — | View 990 |
| 2013 | $21K | $12K | $19K | $1 | — | View 990 |
| 2012 | $23K | $33K | $9K | $1 | — | View 990 |
| 2011 | $42K | $126K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $19K, and assets of $214K (revenue +945.2% year-over-year).
- 2022: Revenue of $13K, expenses of $16K, and assets of $99K (revenue +726.4% year-over-year).
- 2021: Revenue of $2K, expenses of $6K, and assets of $102K (revenue -95.7% year-over-year).
- 2020: Revenue of $36K, expenses of $14K, and assets of $106K (revenue +3.8% year-over-year).
- 2016: Revenue of $35K, expenses of $29K, and assets of $66K (revenue +153.7% year-over-year).
- 2015: Revenue of $14K, expenses of $4K, and assets of $60K (revenue -56.9% year-over-year).
- 2014: Revenue of $32K, expenses of $1K, and assets of $50K (revenue +48.2% year-over-year).
- 2013: Revenue of $21K, expenses of $12K, and assets of $19K (revenue -8.4% year-over-year).
- 2012: Revenue of $23K, expenses of $33K, and assets of $9K (revenue -43.8% year-over-year).
- 2011: Revenue of $42K, expenses of $126K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elvis Presley Memorial Fdn:
Data Sources and Methodology
This transparency report for Elvis Presley Memorial Fdn is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.