Memphis Pride Inc
Memphis Pride Inc. consistently operates near break-even with unpaid leadership, directing most funds to its mission.
EIN: 204181606 · Germantown, TN · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $200K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $197,864. |
| Net Assets | $5K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Memphis Pride Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Memphis Pride Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Memphis Pride Inc in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $198K and expenses of $200K.
Revenue and Expenses
Memphis Pride Inc reported $198K in revenue and $200K in expenses, a deficit of $2K.
Executive Compensation
Top officer compensation appears as $197,864. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Memphis Pride Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $180K (90%) |
Across stored filings, Memphis Pride Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade C | 12 stored filing years |
| Peer context | Compare with Domino's Franchisee Forum | Tennessee and Category O context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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All Category O
Local and Sector Spokes
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Germantown, TN nonprofitsCategory O in Tennessee
Human Services in Tennessee
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Memphis Pride Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Memphis Pride Inc
Memphis Pride Inc (EIN: 204181606) is a nonprofit organization based in Germantown, TN, classified under NTEE code O50. The organization reported total revenue of $174K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis Pride Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis Pride Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $200K |
| Surplus / Deficit | $-1,822 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -0.9% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Memphis Pride Inc reported a deficit of $2K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Memphis Pride Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +98.3% | +106.3% | -25.0% |
| 2022 | +90.4% | +65.3% | +70.3% |
| 2021 | -24.7% | -15.9% | -79.3% |
| 2019 | +37.5% | +37.5% | +61.2% |
| 2018 | -35.5% | -35.5% | +39.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Memphis Pride Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Memphis Pride Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are unpaid, which is highly commendable for an organization of its size with revenues up to $197,864.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Memphis Pride Inc's IRS 990 filings:
- Frequent operation at or near break-even, limiting reserve building for future stability or expansion.
Strengths
The following positive indicators were identified for Memphis Pride Inc:
- Consistent 0% officer compensation, maximizing funds for programs.
- No reported liabilities across all available filings, indicating strong financial management.
- Transparent with a consistent history of 12 IRS 990 filings.
- Significant revenue growth in recent years, from $52,427 in 2021 to $197,864 in 2023.
Frequently Asked Questions about Memphis Pride Inc
Is Memphis Pride Inc a legitimate charity?
Memphis Pride Inc (EIN: 204181606) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $174K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Memphis Pride Inc spend its money?
Memphis Pride Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Memphis Pride Inc tax-deductible?
Memphis Pride Inc is registered as a tax-exempt nonprofit (EIN: 204181606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Memphis Pride Inc CEO make?
Memphis Pride Inc's highest-compensated officer earns $197,864. annually. The organization reported $174K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Memphis Pride Inc's spending goes to programs?
Memphis Pride Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Memphis Pride Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Memphis Pride Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Memphis Pride Inc located?
Memphis Pride Inc is headquartered in Germantown, Tennessee and files with the IRS under EIN 204181606. It is classified under NTEE code O50.
How many years of IRS 990 filings does Memphis Pride Inc have?
Memphis Pride Inc has 12 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 $174K in total revenue.
Is Memphis Pride Inc. a good charity?
Based on the available data, Memphis Pride Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its financial operations are transparent with regular IRS 990 filings, and it maintains a healthy balance sheet with no reported liabilities.
How has Memphis Pride Inc.'s revenue trended over time?
Memphis Pride Inc.'s revenue has fluctuated, showing growth in recent years. It was $50,628 in 2018, dipped to $52,427 in 2021, and then significantly increased to $99,797 in 2022 and $197,864 in 2023, indicating substantial recent growth.
Does Memphis Pride Inc. have significant financial reserves?
No, Memphis Pride Inc. does not appear to have significant financial reserves. Its assets have generally remained low, with the latest reported assets at $5,446 and a peak of $20,658 in 2019, suggesting that most revenue is spent annually on programs rather than accumulated.
Filing History
IRS 990 filing history for Memphis Pride Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Memphis Pride Inc's revenue has grown by 169.4%, moving from $73K to $198K. Total assets increased by 545100% over the same period, from $1 to $5K. Total functional expenses rose by 171.8%, from $73K to $200K. In its most recent filing year (2023), Memphis Pride Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $200K | $5K | $0 | — | View 990 |
| 2022 | $100K | $97K | $7K | $0 | — | View 990 |
| 2021 | $52K | $59K | $4K | $0 | — | View 990 |
| 2019 | $70K | $70K | $21K | $0 | — | View 990 |
| 2018 | $51K | $51K | $13K | $0 | — | View 990 |
| 2017 | $78K | $78K | $9K | $0 | — | View 990 |
| 2016 | $64K | $64K | $2K | $0 | — | View 990 |
| 2015 | $105K | $105K | $100 | $0 | — | View 990 |
| 2014 | $104K | $104K | $1 | $0 | — | View 990 |
| 2013 | $132K | $132K | $1 | $0 | — | View 990 |
| 2012 | $42K | $42K | $0 | $0 | — | View 990 |
| 2011 | $73K | $73K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $200K, and assets of $5K (revenue +98.3% year-over-year).
- 2022: Revenue of $100K, expenses of $97K, and assets of $7K (revenue +90.4% year-over-year).
- 2021: Revenue of $52K, expenses of $59K, and assets of $4K (revenue -24.7% year-over-year).
- 2019: Revenue of $70K, expenses of $70K, and assets of $21K (revenue +37.5% year-over-year).
- 2018: Revenue of $51K, expenses of $51K, and assets of $13K (revenue -35.5% year-over-year).
- 2017: Revenue of $78K, expenses of $78K, and assets of $9K (revenue +21.8% year-over-year).
- 2016: Revenue of $64K, expenses of $64K, and assets of $2K (revenue -38.4% year-over-year).
- 2015: Revenue of $105K, expenses of $105K, and assets of $100 (revenue +0.4% year-over-year).
- 2014: Revenue of $104K, expenses of $104K, and assets of $1 (revenue -21.3% year-over-year).
- 2013: Revenue of $132K, expenses of $132K, and assets of $1 (revenue +216.0% year-over-year).
- 2012: Revenue of $42K, expenses of $42K, and assets of $0 (revenue -42.9% year-over-year).
- 2011: Revenue of $73K, expenses of $73K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis Pride Inc:
Data Sources and Methodology
This transparency report for Memphis Pride Inc 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.