Advance Memphis

Organization Overview

Advance Memphis is located in Memphis, TN. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Advance Memphis employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advance 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 12/2022, Advance Memphis generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPOWER ADULTS IN SOUTH MEMPHIS TO BREAK CYCLES OF UNEMPLOYMENT, ESTABLISH ECONOMIC STABILITY, RECONCILE RELATIONSHIPS, AND RESTORE DIGNITY THROUGH KNOWLEDGE, RESOURCES, AND SKILLS BY THE POWER OF JESUS CHRIST

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORK LIFE - PARTICIPANTS ATTEND A 6 WEEK SOFT SKILLS JOB TRAINING CLASS TO ASSIST THEM IN PREPARING AND SEARCHING FOR, OBTAINING AND MAINTAINING MEANINGFUL EMPLOYMENT, HELPING 95 PEOPLE FIND JOBS IN THE COMMUNITY IN 2022. THE PROGRAM ALSO INCLUDES FINANCIAL MANAGEMENT CURRICULUM AS WELL AS A COMPUTER LITERACY COURSE.


STAFFING SERVICE PROGRAM - GRADUATES OF THE ORGANIZATION'S JOBS FOR LIFE PROGRAM ARE ELIGILBLE TO PARTICIPATE AS AN EMPLOYEE IN THE STAFFING SERVICE PROGRAM, AS THESE INDIVIDUALS LOOK TO BUILD UPON THE LESSONS AND SKILLS LEARNED DURING THE JOBS FOR LIFE PROGRAM. PARTICIPANTS OF THE ADVANCE MEMPHIS STAFFING SERVICE PROGRAM ARE PLACED WITH AREA BUSINESSES ON A TEMPORARY BASIS.


OUTSOURCING PROGRAM - THE ORGANIZATION'S PROVIDES GRADUATES OF THE JOBS FOR LIFE PROGRAM WITH OPPORTUNITIES FOR ON-THE-JOB APPLICATION OF THE SKILLS AND CONCEPTS LEARNED IN JOBS FOR LIFE.


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Board, Officers & Key Employees

Name (title)Compensation
Andrea Echols
Director
$0
Fred Holmes
Director
$0
Vonesha Mitchell
Director
$0
Jessica Hart
Director
$0
Kyle Krebs
Director
$0
Hunter Acosta
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $33,976
All other contributions, gifts, grants, and similar amounts not included above$1,575,340
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,609,316
Total Program Service Revenue$925,896
Investment income $297
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $327,309
Net Gain/Loss on Asset Sales $2,173
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,864,991

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