Nonprofit screen
Screen a listOutmemphis
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.5Mrevenue
FY2024 · +48% in 3 yrs27staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−36.9%
Months of reserve5.6mo
Revenue growth (annualized)+9.3%
Middle half of peersMedianOutmemphis
Where the money goes FY2024 · $2.1M spent
Programs$1.6M76%Management and general$212k10%Fundraising$301k14%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$164k in FY2022 and −$568k in FY2024. Cash covers 5.6 months, above the peer median of 3.2.
990 Part I and balance sheetIn its favor3
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 9% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 43% of revenue in FY2024. $221k is traced federal awards from Department of Housing and Urban Development.
990 Part VIII · USAspending37funders
$1.3Ma year, last 3 years
75%from its largest funder
Funder’17’18’19’20’21’22’23The Assisi Foundation of Memphis IncSince FY2020$75k$50k$125k$125kTogether RisingNew in FY2023$200kPlough FoundationStopped after FY2018$125k$37k–United Way of Middle Tennessee IncSince FY2022$17k$125kLooking Out FoundationNew in FY2023$135kThe wayOut LGBTQ Foundation aka wayOUTOn and off$75kDonor-advised giftsDonors not disclosed$198k$273k$439k$384k$2.3M17 other fundersUp to $60k a year each$75k$35k$5k$11k$21k$56k
FundedThrough a donor-advised fundStopped