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Human Services : Social Services

New Memphis Institute

Talent for transformation

three stars

88.46

22 North Front Street Suite 500
Memphis, TN 38103
tel: (901) 527-4625   Web Site
EIN: 58-1607228

Board Leadership
Calvin Anderson
Chair

CEO
Anna Mullins Ellis
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.46 three stars
  Financial 93.59 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The New Memphis Institute trains leaders with a mission - to develop their personal potential so Memphis reaches its full potential. All that is done contributes to a mission with a purpose: leadership that ripples from New Memphis' programs and improves all facets of Memphis- neighborhoods, schools, government, economic development, and civic life. Some of the most important impacts are those made through the Community Action Projects which help local nonprofits deliver on their missions.

The New Memphis Institute trains leaders with a mission - to develop their personal potential so Memphis reaches its full potential. All that is done contributes to a mission with a purpose: leadership that ripples from New Memphis' programs and improves all facets of Memphis- neighborhoods, schools, government, economic development, and civic life. Some of the most important impacts are those made through the Community Action Projects which help local nonprofits deliver on their missions.

Impact Information

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Financial

four stars

93.59

Accountability & Transparency

three stars

85.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.7%
  Administrative Expenses 7.1%
  Fundraising Expenses 6.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.61
  Program Expenses Growth 3.6%
  Liabilities to Assets 1.3%
All data for Financial Performance Metrics calculations was provided by New Memphis Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by New Memphis Institute on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
New Memphis Institute (TN) 88.46 three stars
MERS Missouri Goodwill Industries (MO) 88.08 three stars
The HOPE Program (NY) 90.36 four stars
San Diego Second Chance Program (CA) 90.08 four stars
Goodwill of Silicon Valley (CA) 90.74 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,642,821
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,642,821
   Program Service Revenue $451,691
Total Primary Revenue $2,094,512
   Other Revenue $74,560
TOTAL REVENUE $2,169,072
   
EXPENSES  
   Program Expenses $1,930,962
   Administrative Expenses $149,830
   Fundraising Expenses $75,533
TOTAL FUNCTIONAL EXPENSES $2,156,325
   
Payments to Affiliates $0
Excess (or Deficit) for the year $12,747
   
Net Assets $3,443,618

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Embark $605,582 31.4%
Center for Excellence $575,291 29.8%
Fellows Program $437,786 22.7%
Leadership Development $312,303 16.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 10/01/2019 88.46 three stars
2017-12 11/01/2018 88.98 three stars
2016-12 03/01/2018 89.39 three stars
2015-12 04/01/2017 84.44 three stars
2014-12 06/01/2016 84.44 three stars
 
CN 2.0
2014-12 12/22/2015 84.22 three stars
2013-12 07/01/2015 84.01 three stars
2012-12 05/01/2014 81.95 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 58-1607228
Name in IRS Master File NEW MEMPHIS INSTITUTE
NTEE Code R30
NTEE Classification Intergroup, Race Relations
NTEE Type Civil Rights, Social Action, Advocacy
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1986
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$195,926 9.08% Nancy Coffee Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
New Memphis Institute (TN) 88.46 three stars
JVS (CA) 90.92 four stars
JVS SoCal (CA) 88.50 three stars
Dress for Success Houston (TX) 94.63 four stars
Jobs for the Future (MA) 91.35 four stars

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Charity Contact Info

New Memphis Institute
22 North Front Street
Suite 500
Memphis, TN 38103
tel: (901) 527-4625
fax: (901) 527-4631
EIN: 58-1607228

Visit Web Site

Board Leadership

Calvin Anderson
Chair

CEO

Anna Mullins Ellis
President, CEO

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