Skip to content

Tennessee · Nonprofit

VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS

VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS (Tennessee) receives grants from 2 organizations whose IRS filings report $53,200 to it, the largest being COMMUNITY FOUNDATION OF GREATER MEMPHIS INC ($30,000). 1 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$10.0M
Funders on record
2
Grants received
$53k
Net assets
$5.5M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Verified Solutions Fka Tennessee Scholar Academics does

Mission

Our mission is to operate a network of schools and provideproduct driven solutions that help schools operate more efficiently sothat they can prioritize the core work of educating students.

As stated on its FY2024 Form 990.

Program

  1. Provided 180+ days of k-8 education to over 700 students in memphis, tn and developed operational (teacher staffing, finance, and hr) support services to charter schools, public schools, and other educational entities.

    $8,106,007 spent$518,803 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $8,106,007.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($11M) Expenses 100 ($10M) Net assets 100 ($1.8M)2018 Revenue 91 ($9.7M) Expenses 90 ($9.4M) Net assets 119 ($2.2M)2019 Revenue 92 ($9.9M) Expenses 89 ($9.3M) Net assets 151 ($2.8M)2020 Revenue 92 ($9.9M) Expenses 88 ($9.1M) Net assets 190 ($3.5M)2022 Revenue 94 ($10M) Expenses 71 ($7.4M) Net assets 326 ($6.0M)2023 Revenue 78 ($8.4M) Expenses 76 ($7.9M) Net assets 261 ($4.8M)2024 Revenue 94 ($10.0M) Expenses 89 ($9.3M) Net assets 300 ($5.5M)
2017201820192020202220232024
Revenue (94)Expenses (89)Net assets (300)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $8.3M to $5.8M (−30%).

$2.8M
$3.0M
$3.4M
$4.2M
$8.3M
$5.8M
$6.6M
2017201820192020202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 91% · 2018 98% · 2019 98% · 2020 93%. Grants only. Government contracts and fees sit inside program revenue.

95% of VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$265k
’17
$341k
’18
$591k
’19
$730k
’20
$2.7M
’22
$433k
’23
$701k
’24
3.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Janai Douglas

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

2017201820192020202220232024
Listed15111112666
Joined·+0+7+2·+0+1
No longer listed·471·01
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $30k → $13k.

Funder
'22
'23
'24*
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 56% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS leans on a few funders — its largest provides 56% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS.

56%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

56% of VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $23k that is directly attributable, 100% of it comes from Tennessee funders.

TN

Funder states come from each funder’s own filing. $30k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS runs a healthier operating margin than half of the 11,752 education nonprofits its size.

Operating margin7% · above the median
Months of reserve3.1mo · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

TN

Part of a family of 1 related entity

  • Memphis Scholars LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS?
VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS (Tennessee) receives grants from 2 organizations whose IRS filings report $53,200 to it, the largest being COMMUNITY FOUNDATION OF GREATER MEMPHIS INC ($30,000). 1 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS have?
IRS filings report 2 organizations giving $53,200 in grants to VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS, 1 of which have funded it in more than one year.
Who is the largest funder of VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS?
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like VERIFIED SOLUTIONS FKA TENNESSEE SCHOLAR ACADEMICS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Verified Solutions Fka Tennessee Scholar Academics →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing