Memphis For All
EIN: 823438677 · Memphis, TN · NTEE: R60
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $368K |
| Net Assets | $92K |
Is Memphis For All Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Memphis For All
Memphis For All (EIN: 823438677) is a nonprofit organization based in Memphis, TN, classified under NTEE code R60. The organization reported total revenue of $124K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis For All's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis For All is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $368K |
| Surplus / Deficit | $-243,380 |
| Total Assets | $95K |
| Total Liabilities | $3K |
| Net Assets | $92K |
| Operating Margin | -195.9% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, Memphis For All reported a deficit of $243K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 5 years of filings (2018–2023), Memphis For All's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.6% | +24.8% | -72.8% |
| 2022 | +64.4% | +2483.2% | +32.3% |
| 2021 | +260.3% | -37.7% | +396.6% |
| 2020 | +9.5% | -45.4% | +124.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Memphis For All 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 Memphis For All 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 deficit of $243K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Memphis For All
Is Memphis For All a legitimate charity?
Based on AI analysis of IRS 990 filings, Memphis For All (EIN: 823438677) insufficient data. 0 red flags identified, 0 strengths noted.
How does Memphis For All spend its money?
Detailed spending breakdown data is not yet available for Memphis For All. Check back for updated IRS 990 analysis.
Are donations to Memphis For All tax-deductible?
Memphis For All is registered as a tax-exempt nonprofit (EIN: 823438677). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Memphis For All located?
Memphis For All is headquartered in Memphis, Tennessee and files with the IRS under EIN 823438677. It is classified under NTEE code R60.
How many years of IRS 990 filings does Memphis For All have?
Memphis For All 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 $124K in total revenue.
Filing History
IRS 990 filing history for Memphis For All showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Memphis For All's revenue has grown by 117%, moving from $57K to $124K. Total assets increased by 300.7% over the same period, from $24K to $95K. Total functional expenses rose by 996.5%, from $34K to $368K. In its most recent filing year (2023), Memphis For All reported a deficit of $243K, with expenses exceeding revenue. The organization holds $3K in liabilities against $95K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $368K | $95K | $3K | — | View 990 |
| 2022 | $372K | $295K | $349K | $10K | — | View 990 |
| 2021 | $226K | $11K | $264K | $26 | — | View 990 |
| 2020 | $63K | $18K | $53K | $4K | — | — |
| 2018 | $57K | $34K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $368K, and assets of $95K (revenue -66.6% year-over-year).
- 2022: Revenue of $372K, expenses of $295K, and assets of $349K (revenue +64.4% year-over-year).
- 2021: Revenue of $226K, expenses of $11K, and assets of $264K (revenue +260.3% year-over-year).
- 2020: Revenue of $63K, expenses of $18K, and assets of $53K (revenue +9.5% year-over-year).
- 2018: Revenue of $57K, expenses of $34K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis For All:
Data Sources and Methodology
This transparency report for Memphis For All 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.