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Human Services : Social Services

New Memphis Institute

Talent for transformation

three stars

89.39

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

Board Leadership
Carolyn Hardy
Chair

CEO
Nancy Coffee
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 89.39 three stars
  Financial 100.00 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 03/01/2018 and includes data from FY2016, 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

100.00

Accountability & Transparency

three stars

85.00

This rating was published 03/01/2018 and includes data from FY2016, 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)
85.5%
  Administrative Expenses 7.7%
  Fundraising Expenses 6.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.77
  Program Expenses Growth 8.7%
  Liabilities to Assets 2.4%
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) 89.39 three stars
Dress for Success Houston (TX) 92.77 four stars
Morgan Memorial Goodwill Industries (MA) 90.66 four stars
Goodwill Industries of Houston (TX) 89.86 three stars
Jewish Vocational Service of Boston (MA) 91.42 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,833,694
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,833,694
   Program Service Revenue $478,702
Total Primary Revenue $3,312,396
   Other Revenue $1,115
TOTAL REVENUE $3,313,511
   
EXPENSES  
   Program Expenses $1,666,802
   Administrative Expenses $164,370
   Fundraising Expenses $217,153
TOTAL FUNCTIONAL EXPENSES $2,048,325
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,265,186
   
Net Assets $3,489,180

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 $549,038 32.9%
Fellows Program $398,025 23.9%
Leadership Development $326,616 19.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$158,668 7.74% Nancy Coffee President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
New Memphis Institute (TN) 89.39 three stars
Goodwill Industries of Greater New York & Northern New Jersey (NY) 89.83 three stars
Careers through Culinary Arts Program (C-CAP) (NY) 94.69 four stars
East Bay Alliance for A Sustainable Economy (CA) 91.62 four stars
Npower (NY) 95.73 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

Carolyn Hardy
Chair

CEO

Nancy Coffee
President, CEO

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