Memphis Inner-City Outreach Inc
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Millington, TN
- Founding
- 03/1985
- Data as of
- 05/2022
- EIN
- 58-1586844
Organization Overview
Memphis Inner-City Outreach Inc is located in Millington, TN. The organization was established in 1985. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis Inner-City Outreach Inc 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 05/2022, Memphis Inner-City Outreach Inc generated $129.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $129.7k during the year ending 05/2022. While expenses have increased by 4.6% per year over the past 7 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 |
|---|---|---|---|
Donald Todd President | 70 | $18,000 | |
Sally Todd Secretary | 10 | $0 | |
Barbara Dycus Board Member | 2 | $0 | |
Ellen K Morris Treasurer | 2 | $0 | |
Tom R Watkins Board Member | 2 | $0 | |
Robert Griffin Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,988 |
| 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 | $128,988 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,250 |
| Professional fees and other payments to independent contractors | $4,825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,015 |
| Other expenses | $76,562 |
| Total expenses | $129,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,121 |
| Other assets | $0 |
| Total assets | $12,121 |
| Total liabilities | $13,290 |
| Net assets or fund balances | -$1,169 |
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