Memphis International Airport Community Foundation
- Assets
- $76.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 10/2005
- Data as of
- 06/2022
- EIN
- 20-3537520
Organization Overview
Memphis International Airport Community Foundation is located in Memphis, TN. The organization was established in 2005. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis International Airport Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Memphis International Airport Community Foundation generated $24.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $15.4k during the year ending 06/2022. While expenses have increased by 9.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Morris Chairperson | 1 | $0 | |
Tara Patterson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,092 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,092 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,159 |
| Total expenses | $15,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,853 |
| Other assets | $0 |
| Total assets | $76,853 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,853 |