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Memphis Business Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201195290 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Memphis Business Academy Inc?

Memphis Business Academy Inc, located at 2450 Frayser Blvd in Memphis, Tennessee (38127), is a publicly chartered school authorized by the Shelby County Schools Board of Education. With a mission to enhance academic performance in elementary, middle, and high schools, Memphis Business Academy focuses on improving achievements in Math, Science, Social Studies, and Language Arts with a business/finance emphasis. The organization, with 297 employees, is dedicated to this mission, aiming to provide students with a well-rounded education that prepares them for future success.


Official website here: www.mbacharterschools.org/

Is Memphis Business Academy Inc legitimate?

Memphis Business Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Business Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $279,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,306,814

For more financial information, click here


Official website here: www.mbacharterschools.org/

What is the mission statement of Memphis Business Academy Inc?

Memphis Business Academy is a public charter school with a mission to enhance the academic performance of students in elementary, middle, and high schools, focusing on subjects such as math, science, social studies, and language arts. The unique aspect of this school is its emphasis on business and finance. The goal is to equip students with a strong foundation in these core subjects, preparing them for future success. The mission of Memphis Business Academy is to foster academic growth and provide students with a well-rounded education.


Official website here: www.mbacharterschools.org/

Who is the CEO of Memphis Business Academy Inc?

Nancy S Reeves is the Secretary of Memphis Business Academy Inc. The CEO's salary of Memphis Business Academy Inc is $182,388 and their total compensation is $206,388.


Official website here: www.mbacharterschools.org/

What is the revenue of Memphis Business Academy Inc?

Memphis Business Academy Inc's revenue in 2023 was $25,443,148.


Official website here: www.mbacharterschools.org/

Who are the executives of Memphis Business Academy Inc and what are their salaries?

The average compensation at Memphis Business Academy Inc during 2023 was $49,111. There are 297 employees and 7 volunteers at Memphis Business Academy Inc.

Here are 10 key members and their salaries (Memphis Business Academy Inc's CEO's salary is $182,388 and their total compensation is $206,388):

    Anthony Anderson (Ceo)
  • Compensation: $182,388
  • Related: $0
  • Other: $24,000

    • Dr Menthia P Bradley (Former Coo)
  • Compensation: $112,054
  • Related: $0
  • Other: $0

    • Nancy S Reeves (Cfo)
  • Compensation: $96,761
  • Related: $0
  • Other: $0

    • Zachary Beasley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sirgregory Thornton (Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Reeder (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Castro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenda Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yolanda Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Mccain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mbacharterschools.org/

    Where can I find the form 990 for Memphis Business Academy Inc?

    The Memphis Business Academy Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.mbacharterschools.org/

    Learn more at the official website: www.mbacharterschools.org/

    Mission Statement of Memphis Business Academy Inc

    Memphis Business Academy Inc, a public charter school authorized by the Shelby County Schools Board of Education, is dedicated to enhancing the academic performance of students in elementary, middle, and high schools. With a unique focus on math, science, social studies, and language arts, the school emphasizes a business and finance curriculum to enrich the learning experience. The institution's mission is to elevate the academic achievement of its students in various subjects, offering them a well-rounded education that prepares them for future success. By integrating the business and finance aspect into their academic curriculum, Memphis Business Academy Inc strives to instill crucial skills and knowledge in its students, enabling them to excel in their academic pursuits and beyond.

    Impact

    This information is meant to be a general summary of Memphis Business Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Memphis Business Academy Inc is making a significant impact on education in Memphis, TN. As a public charter school authorized by the Shelby County Schools Board of Education, its mission is clear: to enhance academic achievement in elementary, middle, and high schools, particularly in math, science, social studies, and language arts with a focus on business and finance. By providing a specialized education emphasizing these crucial subjects, Memphis Business Academy Inc is helping students develop skills that will serve them well in their future academic and professional endeavors. This targeted approach to education is contributing to the overall improvement of educational outcomes in the community and nurturing a generation of students equipped with the knowledge and tools to succeed.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $361,614
  • Program Service Revenue: $746,265
  • Gross Receipts: $25,627,202

    • Assets and Liabilities:
  • Total Assets: $39,379,607
  • Total Liabilities: $17,016,890
  • Net Assets: $22,362,717
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STUDENT SERVICES

    Revenue

    $746,265

    Organization Details

    Founding Year

    2004

    Principal Officer

    Nancy S Reeves

    Main Address

    2450 FRAYSER BLVD, MEMPHIS, TN, 38127

    NTEE Category

    Code: B29 - Education

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