Redzone Memphis
- Assets
- $2.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Memphis, TN
- Founding
- 08/2014
- Data as of
- 09/2021
- EIN
- 46-4276210
Organization Overview
Redzone Memphis is located in Memphis, TN. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2021, Redzone Memphis employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redzone Memphis 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 09/2021, Redzone Memphis generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $303.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (21.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO SERVE URBAN YOUNG PEOPLE BETWEEN THE AGES OF 9 AND 18 WHO LIVE IN ONE OF MEMPHIS' MOST UNDER-SERVED COMMUNITIES. THE ORGANIZATION FOCUSES ON THE GENERAL NEEDS FACING AT-RISK CHILDREN AND YOUTH INCLUDING ACADEMIC AND EDUCATIONAL ENCOURAGEMENT, SOCIAL ENHANCEMENT, ECONOMIC DEVELOPMENT AND OPPORTUNITIES, ADVOCACY, BEHAVIORAL CONCERNS, AND SPIRITUAL GUIDANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL/EXTENDED LEARNING:FACILITATED OUR 21ST CENTURY COMMUNITY ACADEMIC ENRICHMENT AND EXTENDED LEARNING PROGRAM TO 73 STUDENTS WHO ATTENDED AT LEAST 30 TIMES THROUGHOUT THE SCHOOL YEAR. THIS PROGRAM PROVIDED HEAVY SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS TUTORING AND EDUCATION TO STUDENTS AT NO COST TO THE STUDENTS. THE PROGRAM INCLUDED THREE COLLEGE TOURS, A SIGNIFICANT DOSE OF THE ARTS, ACT PREPARATION, AND DRIVERS EDUCATION. THE PROGRAM HOURS WERE 2:15 TO 6:00 PM MONDAY THROUGH FRIDAY. THE ACADEMIC PROGRAM, INCLUDING THE COLLEGE TOURS, IS FREE TO ALL PARTICIPANTS.
OUTREACH ACTIVITIES:THIS DAILY PROGRAM FOCUSED ON ACADEMIC ENRICHMENT. HIGH SCHOOL STUDENTS AND ELEMENTARY STUDENTS PARTICIPATED EACH DAY. EACH STUDENT RECEIVED A SNACK AND ACADEMIC SUPPLIES AT NO COST TO THE STUDENT.
SUMMER ACTIVITIES:A FULL COMPLEMENT OF SUMMER ACTIVITIES WAS OFFERED TO STUDENTS WITH A FOCUS ON PREPARING FOR SUMMER CAMP. THE SUMMER CAMP WAS A WEEK-LONG CAMP IN GOLDEN, MO. EACH STUDENT CAMPER PAID ONLY $25 WHILE THE $350 BALANCE WAS COVERED BY THE ORGANIZATION. PART OF THIS PROGRAM WAS ALSO TO HIRE SUMMER STUDENT INTERNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Eddings Executive Director | Officer | 40 | $132,737 |
Blake Bourland Secretary/treasurer | OfficerTrustee | 2 | $0 |
Terrence Brown Board Chair | OfficerTrustee | 2 | $0 |
Germaine Peterson Vice Chair | OfficerTrustee | 2 | $0 |
Abbay Milnor Board Member | Trustee | 2 | $0 |
Reginald Lester Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,463,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,463,684 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,842 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,441,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,010 |
| Grants and other assistance to domestic individuals. | $91 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,237 |
| Compensation of current officers, directors, key employees. | $26,309 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,078 |
| Pension plan accruals and contributions | $17,297 |
| Other employee benefits | $40,993 |
| Payroll taxes | $30,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $15,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,895 |
| Advertising and promotion | $2,407 |
| Office expenses | $12,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,960 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,085 |
| Insurance | $18,973 |
| All other expenses | $0 |
| Total functional expenses | $303,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,808,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,844 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $586,148 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,402,827 |
| Accounts payable and accrued expenses | $21,832 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $12,960 |
| Other liabilities | $0 |
| Total liabilities | $34,792 |
| Net assets without donor restrictions | $1,416,128 |
| Net assets with donor restrictions | $951,907 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,402,827 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Redzone Memphis has recieved totaling $1,055,400.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,042,900 |
John Dustin Buckman Charitable Trust Memphis, TN PURPOSE: CHARITY | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |