Memphis Education Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 25,985,414 | 24,968,903 | 1,016,511 | 0.5 | 1% |
| 2016 | 21,820,323 | 18,598,768 | 3,221,555 | 2.7 | 4% |
| 2017 | 15,103,480 | 10,599,260 | 4,504,220 | 9.9 | 10% |
| 2018 | 11,907,072 | 15,415,988 | −3,508,916 | 3.7 | 5% |
| 2019 | 7,169,853 | 8,831,058 | −1,661,205 | 4.3 | 6% |
| 2020 | 5,955,711 | 8,604,088 | −2,648,377 | 0.9 | 7% |
| 2021 | 3,044,264 | 4,555,615 | −1,511,351 | 4.7 | 12% |
| 2022 | 4,212,155 | 3,557,126 | 655,029 | 14.9 | 16% |
| 2023 | 3,481,558 | 3,886,644 | −405,086 | 5.8 | 19% |
In its most recent public year (2023), this organization spent $405,086 more than it brought in. Its reserves stood at about 5.8 months of spending, up from 0.5 in 2015. Staff pay was 19% of spending. $1,872,176 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Memphis Education Fund Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works