Memphis Urban League Inc
EIN: 620481465 · Memphis, TN · NTEE: P22Z
| Metric | Value |
|---|---|
| Total Revenue | $651K |
| Total Expenses | $727K |
| Net Assets | $504K |
Is Memphis Urban League Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Memphis Urban League Inc
Memphis Urban League Inc (EIN: 620481465) is a nonprofit organization based in Memphis, TN, classified under NTEE code P22Z. The organization reported total revenue of $651K and total assets of $612K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis Urban League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis Urban League Inc is a small nonprofit that has been operating for 67 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $540K |
| Total Expenses | $727K |
| Surplus / Deficit | $-186,554 |
| Total Assets | $622K |
| Total Liabilities | $118K |
| Net Assets | $504K |
| Operating Margin | -34.5% |
| Debt-to-Asset Ratio | 18.9% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, Memphis Urban League Inc reported a deficit of $187K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 18.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Memphis Urban League Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.6% | +16.4% | -10.7% |
| 2022 | -13.7% | +4.3% | -18.6% |
| 2021 | +40.4% | +17.6% | +74.0% |
| 2020 | -4.7% | -5.5% | +24.8% |
| 2019 | +6.2% | -15.3% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Memphis Urban League Inc 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 Urban League Inc 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 $187K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.9%.
Frequently Asked Questions about Memphis Urban League Inc
Is Memphis Urban League Inc a legitimate charity?
Memphis Urban League Inc (EIN: 620481465) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $651K. No red flags identified. Financial health grade: B.
How does Memphis Urban League Inc spend its money?
Memphis Urban League Inc reported $651K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Memphis Urban League Inc tax-deductible?
Memphis Urban League Inc is registered as a tax-exempt nonprofit (EIN: 620481465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Memphis Urban League Inc located?
Memphis Urban League Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 620481465. It is classified under NTEE code P22Z.
How many years of IRS 990 filings does Memphis Urban League Inc have?
Memphis Urban League 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 $651K in total revenue.
Filing History
IRS 990 filing history for Memphis Urban League Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Memphis Urban League Inc's revenue has declined by 12.4%, moving from $617K to $540K. Total assets decreased by 24.3% over the same period, from $821K to $622K. Total functional expenses rose by 18.6%, from $613K to $727K. In its most recent filing year (2023), Memphis Urban League Inc reported a deficit of $187K, with expenses exceeding revenue. The organization holds $118K in liabilities against $622K in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $504K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $540K | $727K | $622K | $118K | — | — |
| 2022 | $640K | $624K | $696K | $6K | — | View 990 |
| 2021 | $742K | $599K | $855K | $218K | — | View 990 |
| 2020 | $529K | $509K | $491K | $56K | — | View 990 |
| 2019 | $554K | $538K | $394K | $10K | — | View 990 |
| 2018 | $522K | $636K | $382K | $14K | — | View 990 |
| 2017 | $526K | $483K | $498K | $16K | — | — |
| 2016 | $609K | $606K | $449K | $11K | — | View 990 |
| 2015 | $423K | $468K | $396K | $28K | — | View 990 |
| 2014 | $440K | $513K | $575K | $116K | — | View 990 |
| 2012 | $530K | $654K | $734K | $121K | — | View 990 |
| 2011 | $617K | $613K | $821K | $128K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $540K, expenses of $727K, and assets of $622K (revenue -15.6% year-over-year).
- 2022: Revenue of $640K, expenses of $624K, and assets of $696K (revenue -13.7% year-over-year).
- 2021: Revenue of $742K, expenses of $599K, and assets of $855K (revenue +40.4% year-over-year).
- 2020: Revenue of $529K, expenses of $509K, and assets of $491K (revenue -4.7% year-over-year).
- 2019: Revenue of $554K, expenses of $538K, and assets of $394K (revenue +6.2% year-over-year).
- 2018: Revenue of $522K, expenses of $636K, and assets of $382K (revenue -0.8% year-over-year).
- 2017: Revenue of $526K, expenses of $483K, and assets of $498K (revenue -13.5% year-over-year).
- 2016: Revenue of $609K, expenses of $606K, and assets of $449K (revenue +43.7% year-over-year).
- 2015: Revenue of $423K, expenses of $468K, and assets of $396K (revenue -3.7% year-over-year).
- 2014: Revenue of $440K, expenses of $513K, and assets of $575K (revenue -17.1% year-over-year).
- 2012: Revenue of $530K, expenses of $654K, and assets of $734K (revenue -14.0% year-over-year).
- 2011: Revenue of $617K, expenses of $613K, and assets of $821K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis Urban League Inc:
Data Sources and Methodology
This transparency report for Memphis Urban League 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.