Nonprofit screen
Screen a listSlingshot Memphis Inc
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)
$2.1Mrevenue
FY2024 · −26% in 3 yrs22staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−24.9%
Months of reserve1.9mo
Revenue growth (annualized)+7.4%
Middle half of peersMedianSlingshot Memphis
Where the money goes FY2024 · $2.7M spent
Programs$2.3M85%Management and general$155k6%Fundraising$238k9%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 85% in FY2022
$326k in FY2021, $50k in FY2022.
990 Part VIIIDeficits in 3 of the last 3 years
−$63k in FY2022, −$519k in FY2023 and −$532k in FY2024. Cash covers 1.9 months, under the peer median of 5.2.
990 Part I and balance sheetIn its favor2
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
6 of the 10 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists33funders
$1.5Ma year, last 3 years
25%from its largest funder
Funder’17’18’19’20’21’22’23Fleetwood Foundation IncSince FY2020$150k$650k$100k$125kCrews Family FoundationSince FY2018$50k$50k$100k$100k$100k$100kCharles H Boyle Foundation IncSince FY2018$86k$60k$100k$100k$75k$50kFormanek FoundationOn and off$75kEnterprise Holdings FoundationSince FY2021$16k$21k$21kJA Sprague Family FoundationSince FY2019$15k$10k$10k$10k$10kDonor-advised giftsDonors not disclosed$29k$68k$855k$1.2M$1.0M$921k$937k9 other fundersUp to $50k a year each$15k$16k$65k$14k$91k
FundedThrough a donor-advised fund