nonprofit · EIN 47-3660677 · TN
How much does MEMPHIS EDUCATION FUND INC raise and spend?
MEMPHIS EDUCATION FUND INC (TN, EIN 47-3660677) reported $3.5M in revenue and $3.9M in expenses for tax year 2023, with $1.9M in net assets (5.8 months of reserves). By expenses that ranks 51,314 of 539,974 e-filers, 7,886 of 57,594 in NTEE B: Education, 885 of 9,551 nonprofits in tennessee.
What stands out
MEMPHIS EDUCATION FUND INC (TN, EIN 47-3660677) reported $3.5M in revenue and $3.9M in expenses for tax year 2023, with $1.9M in net assets (5.8 months of reserves). By expenses that ranks 51,314 of 539,974 e-filers, 7,886 of 57,594 in NTEE B: Education, 885 of 9,551 nonprofits in tennessee. Against NTEE B: Education: months of reserves 5.8 months, below the peer median of 11.8 months; officer compensation share of expenses 6.6%, above the peer median of 4.8%; contributions share of revenue 99.9%, above the peer median of 50.3%; surplus margin -11.6%, below the peer median of 5.2%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $3.5M | $199.9k | $2.4M | $194.7k |
| Total expenses | $3.9M | $183.0k | $2.3M | $178.5k |
| Total assets | $2.2M | $845.8k | $3.3M | $775.3k |
| Net assets | $1.9M | $683.8k | $2.2M | $622.5k |
| Officer compensation (total per organisation) | $255.1k | $141.5k | $167.7k | $113.0k |
| Program service revenue share | 0.0% | 13.2% | 28.9% | 13.8% |
| Contributions share of revenue | 99.9% | 50.3% | 48.5% | 57.5% |
| Officer compensation share of expenses | 6.6% | 4.8% | 6.2% | 6.5% |
| Months of reserves | 5.8 months | 11.8 months | 10.6 months | 12.6 months |
| Surplus margin | -11.6% | 5.2% | 2.5% | 3.9% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.9M | $1.9M | 5.8 months | $255.1k | 51,314 |
| 2022 | $4.2M | $3.6M | $4.4M | 14.9 months | $244.2k | 48,531 |
| 2021 | $3.0M | $4.6M | $1.8M | 4.7 months | $236.6k | 29,782 |
| 2020 | $6.0M | $8.6M | $630.6k | 0.9 months | $395.4k | 25,527 |
| 2019 | $7.2M | $8.8M | $3.2M | 4.3 months | $394.6k | 24,118 |
| 2018 | $11.9M | $15.4M | $4.8M | 3.7 months | $403.5k | 14,540 |
| 2017 | $9.5M | $5.3M | $8.3M | 19.0 months | $357.8k | 244 |
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