Kollel Of Memphis
EIN: 814324076 · Memphis, TN · NTEE: X30
| Metric | Value |
|---|---|
| Total Revenue | $620K |
| Total Expenses | $585K |
Is Kollel Of Memphis Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kollel Of Memphis
Kollel Of Memphis (EIN: 814324076) is a nonprofit organization based in Memphis, TN, classified under NTEE code X30. The organization reported total revenue of $620K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kollel Of Memphis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kollel Of Memphis is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 27.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $736K |
| Total Expenses | $585K |
| Surplus / Deficit | +$151K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 20.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Kollel Of Memphis reported a surplus of $151K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Kollel Of Memphis's revenue has grown at a compound annual growth rate (CAGR) of 27.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.9% | +19.5% | — |
| 2022 | +17.3% | +16.0% | — |
| 2021 | +2.6% | +23.3% | — |
| 2020 | +44.8% | -2.3% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kollel Of Memphis 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 Kollel Of Memphis 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 $151K, with revenue exceeding expenses.
Frequently Asked Questions about Kollel Of Memphis
Is Kollel Of Memphis a legitimate charity?
Kollel Of Memphis (EIN: 814324076) is a registered tax-exempt nonprofit based in Tennessee. It has 5 years of IRS 990 filings on record. Total revenue: $620K. No red flags identified. Financial health grade: A.
How does Kollel Of Memphis spend its money?
Kollel Of Memphis reported $620K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kollel Of Memphis tax-deductible?
Kollel Of Memphis is registered as a tax-exempt nonprofit (EIN: 814324076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kollel Of Memphis located?
Kollel Of Memphis is headquartered in Memphis, Tennessee and files with the IRS under EIN 814324076. It is classified under NTEE code X30.
How many years of IRS 990 filings does Kollel Of Memphis have?
Kollel Of Memphis has 5 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 $620K in total revenue.
Filing History
IRS 990 filing history for Kollel Of Memphis showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Kollel Of Memphis's revenue has grown by 166.5%, moving from $276K to $736K. Total assets decreased by 100% over the same period, from $21K to $0. Total functional expenses rose by 67%, from $351K to $585K. In its most recent filing year (2023), Kollel Of Memphis reported a surplus of $151K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $736K | $585K | $0 | $0 | — | — |
| 2022 | $482K | $490K | $0 | $0 | — | View 990 |
| 2021 | $411K | $422K | $0 | $0 | — | View 990 |
| 2020 | $400K | $342K | $0 | $0 | — | — |
| 2019 | $276K | $351K | $21K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $736K, expenses of $585K, and assets of $0 (revenue +52.9% year-over-year).
- 2022: Revenue of $482K, expenses of $490K, and assets of $0 (revenue +17.3% year-over-year).
- 2021: Revenue of $411K, expenses of $422K, and assets of $0 (revenue +2.6% year-over-year).
- 2020: Revenue of $400K, expenses of $342K, and assets of $0 (revenue +44.8% year-over-year).
- 2019: Revenue of $276K, expenses of $351K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kollel Of Memphis:
Data Sources and Methodology
This transparency report for Kollel Of Memphis 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.