Junior League Of Memphis Inc
- Assets
- $3.5m
- Revenue
- $808.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Memphis, TN
- Founding
- 02/1943
- Data as of
- 05/2023
- EIN
- 62-0492165
Organization Overview
Junior League Of Memphis Inc is located in Memphis, TN. The organization was established in 1943. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2023, Junior League Of Memphis Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Junior League Of Memphis 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 05/2023, Junior League Of Memphis Inc generated $808.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.2m during the year ending 05/2023. While expenses have increased by 3.0% 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.
Since 2017, Junior League Of Memphis Inc has awarded 21 individual grants totaling $532,048. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE JUNIOR LEAGUE OF MEMPHIS IS AN ORGANIZATION OF WOMEN WHOSE MISSION IS TO ADVANCE WOMEN'S LEADERSHIP FOR MEANINGFUL COMMUNITY IMPACT THROUGH VOLUNTEER ACTION, COLLABORATION AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JUNIOR LEAGUE OF MEMPHIS WORKS THROUGH BOTH DIRECT SERVICE AND COLLABORATION WITH OTHER COMMUNITY ORGANIZATIONS TO IMPROVE THE MEMPHIS COMMUNITY. COMMUNITY SERVICE PROGRAMS INCLUDE HANDS-ON TRAINED VOLUNTEERS SERVING AT COMMUNITY AND NONPROFIT ORGANIZATIONS IN THE GREATER MEMPHIS AREA, PROGRAMS RESEARCHED AND CREATED BY THE JUNIOR LEAGUE OF MEMPHIS TO ADDRESS UNMET COMMUNITY NEEDS, AND COMMUNITY IMPACT GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Burton Secretary | Trustee | 10 | $0 |
Traci Strickland President | OfficerTrustee | 35 | $0 |
Jennifer Brown Treasurer | OfficerTrustee | 35 | $0 |
Katie Walsh Nominations Director | Trustee | 15 | $0 |
Sharon Wilson Sustainer Director | Trustee | 5 | $0 |
Shamikia Adkins Diversity, Equity, And Inc | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $103,144 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $362,433 |
| Total Program Service Revenue | $0 |
| Investment income | $74,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $45,788 |
| Net Gain/Loss on Asset Sales | -$47,844 |
| Net Income from Fundraising Events | -$22,067 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $395,442 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $808,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $306,735 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,684 |
| Payroll taxes | $18,995 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,081 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,329 |
| Fees for services: Other | $13,833 |
| Advertising and promotion | $6,929 |
| Office expenses | $0 |
| Information technology | $24,394 |
| Royalties | $0 |
| Occupancy | $61,029 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,241 |
| Interest | $0 |
| Payments to affiliates | $24,811 |
| Depreciation, depletion, and amortization | $44,375 |
| Insurance | $22,746 |
| All other expenses | $59,970 |
| Total functional expenses | $1,241,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94 |
| Savings and temporary cash investments | $763,884 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,039 |
| 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 | $953,551 |
| Investments—publicly traded securities | $1,662,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $102,682 |
| Total assets | $3,495,271 |
| Accounts payable and accrued expenses | $122,972 |
| Grants payable | $0 |
| Deferred revenue | $65,893 |
| 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 | $0 |
| Other liabilities | $95,427 |
| Total liabilities | $284,292 |
| Net assets without donor restrictions | $3,190,823 |
| Net assets with donor restrictions | $20,156 |
| 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 | $3,495,271 |
Grants Awarded
Over the last fiscal year, Junior League Of Memphis Inc has awarded $282,422 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GROW BINGHAMPTON AND PRE-K READINESS PURPOSE: G.R.O.W BINGHAMPTON OFFERS BI-MONTHLY EVENTS FOR PARENTS AND CHILDREN AT LESTER COMMUNITY CENTER IN MEMPHIS, TN. THE PRE-K READINESS PROVIDES READING TO PRE-K STUDENTS AT W.H. BREWSTER ELEMENTARY SCHOOL IN MEMPHIS, TN ON A MONTHLY BASIS WHILE THE STUDENTS ARE AT SCHOOL. | $27,564 |
SCS INNOVATIVE TEACHING GRANTS PURPOSE: GRANTS AWARDED TO ENABLE TEACHERS TO IMPLEMENT ORIGINAL AND CREATIVE LEARNING EXPERIENCES | $10,197 |
HEIGHTS COMMUNITY DEVELOPMENT CENTER PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT THE HEIGHTS LINE PROJECT ON NATIONAL STREET TO ENHANCE A PLAZA AREA WITH ART. | $100,000 |
JLM COMMUNITY ASSISTANT FUND PURPOSE: GRANTS AWARDED TO PROVIDE SUPPORT FOR THE ENTITY'S MISSION STATEMENT. | $13,661 |
YELLOW HOUSE INC PURPOSE: GRANTS AWARDED TO PROVIDE QUALITY, AFFORDABLE HOUSING FOR SINGLE MOTHERS. | $125,000 |
BAPTIST TRINITY CAMP GOOD GRIEF PURPOSE: GRANTS AWARDED TO PROVIDE THERAPEUTIC AND SUPPORTIVE SERVICES TO THOSE WHO HAVE EXPERIENCED A LOSS BY DEATH. | $6,000 |