Memphis Lift Parent Institute
- Assets
- $4.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Memphis, TN
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-2560581
Organization Overview
Memphis Lift Parent Institute is located in Memphis, TN. The organization was established in 2018. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2023, Memphis Lift Parent Institute employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis Lift Parent Institute 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 12/2023, Memphis Lift Parent Institute generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $985.8k during the year ending 12/2023. While expenses have increased by 8.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD WIDESPREAD DEMAND FOR HIGH QUALITY SCHOOLS AND RADICAL CHANGES IN PUBLIC EDUCATION TO DISRUPT SYSTEMATIC EDUCATIONAL INEQUALITY THROUGH CHOICE AND HEALTHY COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC ADVOCATE FELLOWSHIP PROVIDES 100 PARENTS ANNUALLY FROM ALL OVER THE CITY WITH THE EDUCATION AND TOOLS THEY NEED TO BECOME ACTIVE PARTICIPANTS IN THE PUBLIC CONVERSATION ABOUT EDUCATION IN MEMPHIS. THE COURSE IS 10 WEEKS LONG WITH A CURRICULUM THAT BECOMES MORE COMPELLING AND COMPREHENSIVE WITH EACH COHORT.
SPECIAL EDUCATION - THE MEMPHIS LIFT SPECIAL EDUCATION DEPARTMENT (SPED) TEAM IS HERE TO HELP FAMILIES WHEN SCHOOLS OFTEN DON'T MEET THE INDIVIDUAL ACADEMIC AND BEHAVIORAL NEEDS OF STUDENTS EVEN THOUGH THEY HAVE A CLEARLY DEFINED INDIVIDUALIZED EDUCATION PLAN (IEP) OR 504. PARENTS GET FRUSTRATED AND ANGRY AND HAVE UNPRODUCTIVE MEETINGS WITH PRINCIPALS, TEACHERS AND SUPPORT STAFF. WE TEACH, SUPPORT AND GUIDE PARENTS TO SHOW THEM HOW TO MOVE FROM EMOTION TO ADVOCACY SO YOUR CHILD CAN SUCCEED. SPED HELPS ANY PARENT WHO BELIEVES THEIR CHILD MAY NEED TO BE TESTED FOR SERVICES, HAS A CHILD WHO ALREADY CARRIES A DOCUMENT (IEP OR 504), AND/OR SUPPORTS A CHILD WITH SPECIAL NEEDS.
THE SURGE TEAM IS THE MEMPHIS LIFT'S TEAM OF PARENT ORGANIZERS. THE SURGE TEAM DEVOTES THEMSELVES TO MEETING AND EDUCATING PARENTS WHERE THEY ARE-AT THEIR DOORS, AT A SCHOOL PICK UP LINE OR AT CHURCH-AND BUILDS THAT INITIAL CONVERSATION INTO A RELATIONSHIP THAT CAN BE LEVERAGED TO MAKE THE VOICE OF PARENTS EVEN GREATER IN THE CONVERSATION ABOUT MEMPHIS SCHOOLS. FROM CANVASSING TO HOSTING SPEAKER SERIES TO RALLYING PARENTS ON QUICK TURNAROUNDS TO MAKE THEIR PRESENCE KNOWN AT THE LEGISLATURE IN NASHVILLE, THE SURGE TEAM IS CONSTANTLY IN THE ORGANIZING BUSINESS.
CHOICE COUNSELING HELPS BUILD AWARENESS IN PRIORITY SCHOOL COMMUNITIES THAT PARENTS HAVE EDUCATIONAL OPTIONS AND PROVIDES PARENTS WITH THE RESOURCES AND EDUCATION THEY NEED TO NAVIGATE THE COMPLEX EDUCATION SYSTEM AND MAKE THE BEST EDUCATIONAL CHOICE FOR THEIR CHILD. IN ADDITION TO OFFERING RESOURCES AND EDUCATION, CHOICE COUNSELING OFFERS THE MUCH NEEDED SOUNDING BOARD TO MANY PARENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Carpenter Executive Di | OfficerTrustee | 40 | $121,403 |
Nedra Anderson Board Member | Trustee | 3 | $0 |
Al Bright Board Member | Trustee | 3 | $0 |
Reggie Davis Board Member | Trustee | 3 | $0 |
Toya Harvey Board Member | Trustee | 3 | $0 |
Courtney Jennings Treasurer | OfficerTrustee | 5 | $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 | $1,540,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,540,830 |
| Total Program Service Revenue | $0 |
| Investment income | $82 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,540,912 |
| 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. | $121,403 |
| Compensation of current officers, directors, key employees. | $121,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $366,341 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,767 |
| Payroll taxes | $38,990 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $155,482 |
| Advertising and promotion | $0 |
| Office expenses | $22,980 |
| Information technology | $32,795 |
| Royalties | $0 |
| Occupancy | $387 |
| Travel | $55,055 |
| 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 | $5,853 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $985,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,897,473 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,348,272 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,196 |
| Total assets | $4,262,941 |
| Accounts payable and accrued expenses | $455,240 |
| 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 | $0 |
| Other liabilities | $17,196 |
| Total liabilities | $472,436 |
| Net assets without donor restrictions | $3,774,083 |
| Net assets with donor restrictions | $16,422 |
| 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 | $4,262,941 |