Memphis Academy of Health Sciences High School

EIN: 262298469 501(c)(3)

Memphis, TN

Total Revenue
$3,836,199
Total Expenses
$3,527,997
Total Assets
$3,819,783
Net Assets
$1,296,573
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
TN
Principal Officer
Alan A Gumbel
Phone
9013821441
Tax Period
2020-07-01 to 2021-06-30

Memphis Academy of Health Sciences High School, founded in 2008, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2020. Revenue decreased 15% compared to the prior year. Expenses of $3.5M left a modest 8% surplus.

Mission

Memphis Academy of Health Sciences mission is the successful education of students at the high school level.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $414,170
Program Service Revenue $3,422,029
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,836,199

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,801,004
Fundraising Expenses $0
Program Expenses $2,622,920
Other Expenses $726,993
TOTAL EXPENSES $3,527,997

Year-over-Year Comparison

2020 2019 Change
Revenue $3,836,199 $4,527,133 -0.2%
Expenses $3,527,997 $4,492,892 -0.2%
Net Income $308,202 $34,241 +8.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
72
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$305,291
Total Directors
11
$0
Key Employees
5
$399,707
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Derrick Joyce Executive Director Director of Admin Ops 020.00
Officer Key Emp
$3,333 $0 $122,297
Michael Miles Principal 040.00
Officer Key Emp
$101,844 $0 $101,844
Robert Williams Director of Finance 020.00
Officer Key Emp
$53,125 $0 $81,150
Alan A Gumbel Executive Director 020.00
Key Emp
$0 $0 $48,600
Teresa Breckenridge Director of Finance 020.00
Key Emp
$13,080 $0 $45,816
Michael Dexter Finance Comm Chairman 001.50
Director
$0 $0 $0
Darryl Lewis Board Member 000.50
Director
$0 $0 $0
Will Graham Vice Chair/Development Committee Chair 001.50
Director
$0 $0 $0
Seandria Evans Chairman 001.50
Director
$0 $0 $0
April Jackson Governance Committee Chair 001.50
Director
$0 $0 $0
Shuria Holmes Board Member 000.50
Director
$0 $0 $0
James McGuffee Academic Committee Co-Chair 001.50
Director
$0 $0 $0
Lillian Nyindodo Academic Commettee Co-Chair 001.50
Director
$0 $0 $0
Deryl Gardner Board Member 000.50
Director
$0 $0 $0
Jerry Johnson Board Member 000.50
Director
$0 $0 $0
Rodney Mason Board Member 000.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $3,836,199 $3,527,997 $3,819,783 $308,202
2019 $4,454,296 $4,480,876 $3,210,028 $-26,580
2018 $4,466,449 $4,630,768 $3,365,641 $-164,319
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