Memphis Lift Parent Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 375,200 | 0 | 375,200 | — | — |
| 2018 | 1,375,838 | 614,072 | 761,766 | 22.2 | 59% |
| 2019 | 1,101,878 | 803,603 | 298,275 | 21.4 | 53% |
| 2020 | 561,496 | 548,824 | 12,672 | 31.4 | 64% |
| 2021 | 856,155 | 598,679 | 257,476 | 33.9 | 59% |
| 2022 | 2,251,307 | 691,655 | 1,559,652 | 56.4 | 65% |
| 2023 | 1,540,912 | 985,838 | 555,074 | 46.1 | 49% |
In its most recent public year (2023), this organization brought in $555,074 more than it spent. Its reserves stood at about 46.1 months of spending. Staff pay was 49% of spending. $16,422 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 Lift Parent Institute'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