Memphis Leadership Foundation Inc
- Assets
- $2.3m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 250
- Location
- Memphis, TN
- Founding
- 06/1987
- Data as of
- 09/2023
- EIN
- 58-1715927
Organization Overview
Memphis Leadership Foundation Inc is located in Memphis, TN. The organization was established in 1987. According to its NTEE Classification (O55) the organization is classified as: Youth Development - Religious Leadership, under the broad grouping of Youth Development and related organizations. As of 09/2023, Memphis Leadership Foundation Inc employed 250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis Leadership Foundation 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 09/2023, Memphis Leadership Foundation Inc generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $5.5m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MEMPHIS LEADERSHIP FOUNDATION ("MLF"), A NON-DENOMINATIONAL FAITH BASED OUTREACH MINISTRY, EMPOWERS URBAN UNDER-RESOURCED MEN, WOMEN, AND CHILDREN THROUGH CREATIVE, EFFECTIVE, AND INNOVATIVE MINISTRY AND LEADERSHIP. THE MISSION AND PURPOSE OF MLF IS TO PROCLAIM THE WHOLE GOSPEL TO THE WHOLE CITY THROUGH THE EMPOWERMENT OF LEADERS AND THE DEVELOPMENT OF MINISTRIES AND PROGRAMS THAT FOCUS ON THE NEEDS OF UNDER-RESOURCED PEOPLE AND COMMUNITIES.MLF IS A MEMBER OF THE GLOBAL NETWORK OF LOCAL LEADERSHIP FOUNDATIONS ("LLFS"), ORGANIZATIONS WORKING TO TRANSFORM THE CITIES IN WHICH THEY OPERATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC OPPORTUNITIES ("ECOP") PROVIDES JOB TRAINING AND PLACEMENT MINISTRY FOR MEN AND WOMEN WHO HAVE SIGNIFICANT BARRIER TO ENTERING THE JOB MARKET. OVER THE LAST 20 YEARS, THIS MINISTRY HAS PUT OVER 2,000 PEOPLE BACK TO WORK, MANY OF THEM EX-OFFENDERS.
OTHER GENERAL MINISTRIES PROVIDING DISCIPLESHIP OF CHRISTIAN PRINCIPLES TO VARIOUS GROUPS OF AT RISK URBAN YOUTH AND ADULTS INCLUDING THE FOLLOWING SPECIFIC MINISTRIES: *HEART TO HEART ("H2H")H2H IS A PARTNERSHIP WITH YOUTH VILLAGES TO PROVIDE AN ON-SITE COORDINATOR FOR THEIR SPIRITUAL LIFE PROGRAM. MORE THAN 350 YOUTH IN RESIDENTIAL TREATMENT HAVE THE OPPORTUNITY TO PARTICIPATE IN WEEKLY CHAPEL, BIBLE STUDY AND WORSHIP SERVICES AS WELL AS INDIVIDUAL PASTORAL TRAINING. *CHRIST FELLOWSHIP ("CF")CF EXISTS TO FOSTER POSITIVE CHANGES IN THE LIFE OF AT RISK YOUTH BY GOING WHERE KIDS ARE, BUILDING POSITIVE CHRIST CENTERED RELATIONSHIPS, VOLUNTEERING IN SCHOOLS, PROVIDING AFTER SCHOOL PROGRAMMING AND ENGAGING THEM IN VARIOUS ENRICHMENT ACTIVITIES IN ORDER TO ADVANCE THE KINGDOM OF GOD AGAINST THE DARKNESS OF THIS WORLD BY LOVING GOD, EMBODYING GOD'S LOVE FOR EACH-OTHER AND PROCLAIMING GOD'S LOVE TO THE WORLD IN WORD AND DEED. *GLOBAL FRIENDS MEMPHIS ("GFM")GFM IS AN INTERNATIONAL COMMUNITY OF STUDENTS AND VOLUNTEERS WHO SEEK TO JOURNEY TOGETHER IN FAITH AND FRIENDSHIP AS REGISTERED ORGANIZATION OF THE UNIVERSITY OF MEMPHIS. THE MINISTRY WAS CREATED TO PROVIDE INTERNATIONAL STUDENTS' FAMILY IN MEMPHIS AS WELL AS GIVE THEM AN OPPORTUNITY TO EXPLORE FAITH. *OTHER MINISTRIES & SHARED COSTS- EXCEL LEADERSHIP/SCHOLARSHIP PROGRAM ("EXCEL")EXCEL IS A LEADERSHIP AND SCHOLARSHIP OPPORTUNITY PROGRAM FOR INNER CITY YOUTH. STUDENTS RECEIVE SCHOLARSHIPS FROM UNION UNIVERSITY, BETHEL UNIVERSITY OR CHRISTIAN BROTHERS UNIVERSITY TO HELP DEFRAY EDUCATION COSTS AND ARE GIVEN A MENTOR FOR THE DURATION OF THEIR COLLEGE EDUCATION. VIRTUALLY ALL OF THE STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS IN THEIR FAMILIES.- THE COOPERATIVE COMPUTER MINISTRY ("CCM")THE CCM TRAINS URBAN YOUTH IN COMPUTER LITERACY BY PROVIDING SUPPORT SERVICES TO SMALL URBAN CHURCHES AND UNDERSERVED FAMILIES IN URBAN MEMPHIS.- LEADERSHIP DEVELOPMENT ("LD")LD OFFERS TWO SEPARATE YEAR-LONG TRAINING WORKSHOPS TO URBAN MINISTRY LEADERS AND PASTORS: (1) URBAN ARROW TEACHES LEADERSHIP AND MANAGEMENT TRAINING. (2) TRANSFORMATIONAL GIVING TEACHES BIBLICAL FUNDRAISING AND EQUIPS WITH VARIOUS STRATEGIES AND OPPORTUNITIES.- COMMUNITY BIKES OF MEMPHIS ("CBM")CBM WORKS WITH EXISTING ORGANIZATIONS IN UNDERSERVED NEIGHBORHOODS TO PROVIDE YOUTH AND ADULTS WITH ACCESS TO BICYCLING.- EZRA52 ("EZRA")EZRA IS A HOUSING REHABILITATION PROGRAM THAT TRAINS REFUGEES IN THE RESIDENTIAL CONSTRUCTION TRADES.-LAS AMERICAS ("LAS") IS A YOUTH OUTREACH MINISTRY DESIGNED FOR LATINO YOUTH LIVING IN THE HICKORY HILL AREA OF MEMPHIS. OUTREACH CLUBS, BIBLE STUDY AND AFTER SCHOOL EDUCATIONAL PROGRAMS REACH OVER 150 YOUNG PEOPLE WEEKLY.
RESTORE CORPS ("RC") IN COOPERATION WITH TENNESSEE BUREAU OF INVESTIGATION AND LOCAL LAW ENFORCEMENT, ENGAGES TEENS AND/OR ADULTS WHO ARE VICTIMS OF SEX TRAFFICKING BY PROVIDING ACCESS TO SOCIAL SERVICES, COUNSELING, TRANSPORTATION, HOUSING, FOOD, CLOTHING AND AN OPPORTUNITY TO HEAR THE GOSPEL.
TRANSPORTATION MINISTRY ("TM") THE TRANSPORTATION MINISTRY PROVIDES TRANSPORTATION SERVICES TO MEMPHIS LEADERSHIP FOUNDATION AND ITS PARTNER/AFFILIATE MINISTRIES IN BUSES AND LARGE VANS TRANSPORTING YOUTH SERVED BY MLF MINISTRIES TO AFTER-SCHOOL AND WEEKEND ACTIVITIES THROUGHOUT THE CITY. THE SERVICES ARE PROVIDED ON A CONTRACT USAGE BASIS FROM A THIRD PARTY PROFESSIONAL TRANSPORTATION SERVICE. APPROXIMATE NUMBER OF YOUTH SERVED AND TRANSPORTED CONSIDERED TO BE 200,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hon Chris Craft Director | Trustee | 2 | $0 |
Brandis Leverette Vice Chairman | OfficerTrustee | 2 | $0 |
Fred Geyer Director | Trustee | 2 | $0 |
Bobby Wade Director | Trustee | 2 | $0 |
Dale Robinson Director | Trustee | 2 | $0 |
Ben Landess Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $687,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,349,131 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,036,217 |
| Total Program Service Revenue | $1,662,193 |
| Investment income | $809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,980 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$30,483 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,660,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $205,206 |
| Compensation of current officers, directors, key employees. | $77,525 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,941,986 |
| Pension plan accruals and contributions | $78,471 |
| Other employee benefits | $304,568 |
| Payroll taxes | $270,829 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,257 |
| Fees for services: Accounting | $82,258 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $136,417 |
| Advertising and promotion | $0 |
| Office expenses | $174,615 |
| Information technology | $136,831 |
| Royalties | $0 |
| Occupancy | $257,285 |
| Travel | $73,038 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,791 |
| Interest | $11,015 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,205 |
| Insurance | $170,514 |
| All other expenses | $22,840 |
| Total functional expenses | $5,463,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,185,430 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $272,078 |
| Accounts receivable, net | $323,830 |
| 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 | $172,120 |
| Net Land, buildings, and equipment | $47,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $269,692 |
| Total assets | $2,270,465 |
| Accounts payable and accrued expenses | $422,413 |
| 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 | $128,589 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $447,396 |
| Total liabilities | $998,398 |
| Net assets without donor restrictions | $996,678 |
| Net assets with donor restrictions | $275,389 |
| 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 | $2,270,465 |