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Memphis Education Fund Inc

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

EIN: 473660677 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Memphis Education Fund Inc?

Memphis Education Fund Inc, based in Memphis, Tennessee, is a dedicated nonprofit organization with a workforce of six individuals. Their primary mission is to boost the K-12 educational outcomes within the Greater Memphis area. To achieve this goal, they establish initiatives and develop strategies to support teachers, schools, and the community. Through collaboration with the Shelby County School District and the Achievement School District, they work on strategies to improve school development and implementation of initiatives aimed at enhancing K-12 educational outcomes.


Official website here: www.memphiseducationfund.org

Is Memphis Education Fund Inc legitimate?

Memphis Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Education Fund 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: $244,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,918

For more financial information, click here


Official website here: www.memphiseducationfund.org

What is the mission statement of Memphis Education Fund Inc?

The Memphis Education Fund Inc is committed to collaborating with the Shelby County School District and the Achievement School District to devise strategies that enhance school improvement, development, and the implementation of initiatives aimed at boosting K-12 educational outcomes in the broader Memphis, Tennessee area. The organization focuses on establishing initiatives and developing strategies to support teachers, schools, and the community to improve public education in Memphis. They work towards this goal by developing and implementing initiatives designed to improve K-12 educational outcomes in the greater Memphis, Tennessee region.


Official website here: www.memphiseducationfund.org

Who is the CEO of Memphis Education Fund Inc?

Terence Patterson is the Ceo of Memphis Education Fund Inc. The CEO's salary of Memphis Education Fund Inc is $244,178 and their total compensation is $264,566.


Official website here: www.memphiseducationfund.org

What is the revenue of Memphis Education Fund Inc?

Memphis Education Fund Inc's revenue in 2022 was $4,212,155.


Official website here: www.memphiseducationfund.org

Who are the executives of Memphis Education Fund Inc and what are their salaries?

The average compensation at Memphis Education Fund Inc during 2022 was $96,849. There are 6 employees at Memphis Education Fund Inc.

Here are 9 key members and their salaries (Memphis Education Fund Inc's CEO's salary is $244,178 and their total compensation is $264,566):

    Terence Patterson (Ceo) [Trustee/Director]
  • Compensation: $244,178
  • Related: $0
  • Other: $20,388

    • Venita M Doggett (Director Of Advocacy)
  • Compensation: $126,904
  • Related: $0
  • Other: $13,616

    • Teresa Sloyan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Armstrong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorsey Hopson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timico Boykins-Cox (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mansouri (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tomeka Hart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darryl Cobb (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memphiseducationfund.org

    Where can I find the form 990 for Memphis Education Fund Inc?

    The Memphis Education Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memphiseducationfund.org

    Learn more at the official website: www.memphiseducationfund.org

    Mission Statement of Memphis Education Fund Inc

    Memphis Education Fund Inc, a nonprofit organization, is committed to collaborating with the Shelby County School District and the Achievement School District to devise strategies that support the improvement, development, and implementation of initiatives aimed at enhancing K-12 educational outcomes in the greater Memphis, Tennessee area. The primary mission of Memphis Education Fund Inc involves establishing initiatives and developing strategies that strengthen teachers, schools, and the community, ultimately contributing to the improvement of public education in Memphis. Through their work, they aim to foster an environment where educational outcomes for students in the K-12 level can be significantly increased.

    Impact

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




    Saturday, July 20, 2024

    The Memphis Education Fund Inc is actively working to improve public education in the Greater Memphis, Tennessee area by establishing initiatives and developing strategies to support teachers, schools, and the community. Their mission is to partner with the Shelby County School District and the Achievement School District to implement strategies that enhance school improvement and increase educational outcomes for K-12 students in the region. Through their focused efforts on education, the Memphis Education Fund Inc is making a positive impact on the local community by driving progress and innovation in the education sector.





    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 2022.

  • Investment Income: $999
  • Program Service Revenue: $0
  • Gross Receipts: $4,212,155

    • Assets and Liabilities:
  • Total Assets: $5,446,050
  • Total Liabilities: $1,026,854
  • Net Assets: $4,419,196
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Terence Patterson

    Main Address

    1350 CONCOURSE AVE STE 434, MEMPHIS, TN, 38104

    NTEE Category

    Code: B90 - Education

    If you are a representative of Memphis Education Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.