Memphis Leadership Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,104,552 | 3,963,168 | 141,384 | 5.8 | 43% |
| 2012 | 3,583,787 | 3,962,336 | −378,549 | 4.6 | 43% |
| 2013 | 4,379,075 | 4,164,508 | 214,567 | 5.0 | 43% |
| 2014 | 5,886,329 | 5,673,955 | 212,374 | 4.1 | 45% |
| 2015 | 6,443,200 | 5,975,444 | 467,756 | 4.9 | 46% |
| 2016 | 6,075,352 | 5,967,656 | 107,696 | 4.6 | 45% |
| 2017 | 6,503,032 | 6,272,408 | 230,624 | 4.9 | 41% |
| 2018 | 7,549,339 | 7,470,347 | 78,992 | 4.2 | 45% |
| 2019 | 8,599,302 | 8,373,104 | 226,198 | 2.8 | 50% |
| 2020 | 7,722,334 | 8,367,817 | −645,483 | 1.9 | 46% |
| 2021 | 7,362,693 | 6,772,347 | 590,346 | 3.3 | 60% |
| 2022 | 7,545,044 | 6,596,444 | 948,600 | 5.1 | 56% |
| 2023 | 4,660,756 | 5,463,088 | −802,332 | 2.8 | 58% |
In its most recent public year (2023), this organization spent $802,332 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 5.8 in 2011. Staff pay was 58% of spending. $275,389 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 Leadership Foundation 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