Merge Memphis Inc
EIN: 300847720 · Memphis, TN · NTEE: P85
| Metric | Value |
|---|---|
| Total Revenue | $502K |
| Total Expenses | $161K |
| Net Assets | $397K |
Is Merge Memphis Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Merge Memphis Inc
Merge Memphis Inc (EIN: 300847720) is a nonprofit organization based in Memphis, TN, classified under NTEE code P85. The organization reported total revenue of $502K and total assets of $931K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merge Memphis Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merge Memphis Inc is a small nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 53.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $430K |
| Total Expenses | $161K |
| Surplus / Deficit | +$268K |
| Total Assets | $418K |
| Total Liabilities | $21K |
| Net Assets | $397K |
| Operating Margin | 62.4% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 31.1 months |
Financial Health Grade: A
In 2023, Merge Memphis Inc reported a surplus of $268K with revenue exceeding expenses, holds 31.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Merge Memphis Inc's revenue has grown at a compound annual growth rate (CAGR) of 53.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.1% | -49.7% | +117.2% |
| 2022 | +43.8% | +36.3% | +37.5% |
| 2021 | +106.7% | +78.0% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Merge Memphis 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 Merge Memphis 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 surplus of $268K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.1%.
Frequently Asked Questions about Merge Memphis Inc
Is Merge Memphis Inc a legitimate charity?
Merge Memphis Inc (EIN: 300847720) is a registered tax-exempt nonprofit based in Tennessee. It has 4 years of IRS 990 filings on record. Total revenue: $502K. No red flags identified. Financial health grade: A.
How does Merge Memphis Inc spend its money?
Merge Memphis Inc reported $502K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Merge Memphis Inc tax-deductible?
Merge Memphis Inc is registered as a tax-exempt nonprofit (EIN: 300847720). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Merge Memphis Inc located?
Merge Memphis Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 300847720. It is classified under NTEE code P85.
How many years of IRS 990 filings does Merge Memphis Inc have?
Merge Memphis Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $502K in total revenue.
Filing History
IRS 990 filing history for Merge Memphis Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Merge Memphis Inc's revenue has grown by 262.8%, moving from $118K to $430K. Total assets increased by 196.2% over the same period, from $141K to $418K. Total functional expenses rose by 22%, from $132K to $161K. In its most recent filing year (2023), Merge Memphis Inc reported a surplus of $268K, with revenue exceeding expenses. The organization holds $21K in liabilities against $418K in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $397K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $430K | $161K | $418K | $21K | — | — |
| 2022 | $352K | $321K | $192K | $26K | — | — |
| 2021 | $245K | $235K | $140K | $14K | — | View 990 |
| 2020 | $118K | $132K | $141K | $24K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $430K, expenses of $161K, and assets of $418K (revenue +22.1% year-over-year).
- 2022: Revenue of $352K, expenses of $321K, and assets of $192K (revenue +43.8% year-over-year).
- 2021: Revenue of $245K, expenses of $235K, and assets of $140K (revenue +106.7% year-over-year).
- 2020: Revenue of $118K, expenses of $132K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merge Memphis Inc:
Data Sources and Methodology
This transparency report for Merge Memphis 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.