COOPER-YOUNG COMMUNITY ASSOCIATION

EIN: 413203634 501(c)(3) Philanthropy & Grantmaking

MEMPHIS, TN

Total Revenue
$51,797
Total Expenses
$103,267
Total Assets
$182,259
Net Assets
$176,860
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
TN
Principal Officer
MARK MORRISON
Phone
9012722922
Tax Period
2020-01-01 to 2020-12-31

COOPER-YOUNG COMMUNITY ASSOCIATION, founded in 1976, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $52K in total revenue in fiscal year 2020. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $103K exceeded revenue, resulting in a 99% operating deficit.

Mission

CYCA is a neighborhood organization that is focused on fostering the safety, development, and aesthetics of the Cooper-Young neighborhood in Memphis, TN

Program Service Accomplishments

Program 1
Expenses: $10,093 Revenue: $2,674

LampLighter Community Newspaper - This publication is distributed monthly to each residence and business in the Cooper-Young neighborhood free of charge. The newspaper addresses topics such as...

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LampLighter Community Newspaper - This publication is distributed monthly to each residence and business in the Cooper-Young neighborhood free of charge. The newspaper addresses topics such as community news, safety, education, community projects, fund raisers, and resident editorials. The publication engages each business and resident in the area with helpful news and safety information. Both the paper and its companion website serve a valuable purpose in disseminating news and awareness of issues throughout the Association's footprint. Residents and business partners can subscribe to the online version of Lamplighter by email allowing important news to be sent directly.

Program 2
Expenses: $2,673 Revenue: $164

Beautification - The Association organizes, promotes, and funds several projects on an annual basis that address the community's appearance. The projects focus on graffiti remediation, blight...

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Beautification - The Association organizes, promotes, and funds several projects on an annual basis that address the community's appearance. The projects focus on graffiti remediation, blight reduction, and ongoing initatives to help the residents maintain their properties, including a community-wide recycling program. The Association furthered its beautification program to adorn several sections of the neighborhood with unique murals and other art projects. The program allows local artists and neighborhood residents a chance to add a distinctive local flair to the community. The Association gave a cash grant to Legacy Memphis for a Johhny Cash Statue to commemorate his first performance at a neighborhood church.

Program 3
Expenses: $308 Revenue: $440

Cooper-Young Festival - The Association participates in a weekend long festival that showcases the unique nature of the neighborhood. There are events such as live bands, children's activities, and...

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Cooper-Young Festival - The Association participates in a weekend long festival that showcases the unique nature of the neighborhood. There are events such as live bands, children's activities, and demonstrations by neighborhood artists. As listed in Part III, the Association's involvement in the Cooper-Young Festival helps celebrate the neighborhood and provide local business exposure.

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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 $42,133
Program Service Revenue $3,219
Investment Income $676
Other Revenue $5,769
TOTAL REVENUE $51,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,637
Fundraising Expenses $7,407
Program Expenses $13,074
Other Expenses $70,630
TOTAL EXPENSES $103,267

Year-over-Year Comparison

2020 2019 Change
Revenue $51,797 $139,083 -0.6%
Expenses $103,267 $137,814 -0.3%
Net Income $-51,470 $1,269 -41.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
60

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
4
$0
Total Directors
10
$27,696
Key Employees
2
$2,728
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK MORRISON PRESIDENT 0.00
Officer Director
$0 $0 $0
STEPHANIE GONZALEZ VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
SUZANNE ABEDI TREASURER 0.00
Officer Director
$0 $0 $0
OLIVIA WALL SECRETARY, INNOVATION CHAIR 0.00
Officer Director
$0 $0 $0
DEBBIE SOWELL VOLUNTEER COORDINATOR 0.00
Director
$0 $0 $0
THEO DAVIS BEAUTIFICATION CHAIR 0.00
Director
$0 $0 $0
PATRICK JONES TRANSPORTATION CHAIR 0.00
Director
$0 $0 $0
JUNE HURT COMMUNICATIONS CHAIR 0.00
Director
$0 $0 $0
ROBERT HATFIELD LANDMARKS CHAIR 0.00
Director
$0 $0 $0
AMANDA YARBRO-DILL EXECUTIVE DIRECTOR 10.00
Director
$27,696 $0 $27,696
SHEREE STUBBLEFIELD COORDINATOR 24.00
Key Emp
$2,620 $0 $2,620
SARAH LAREAU COORDINATOR 4.00
Key Emp
$108 $0 $108
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
2020 $51,797 $103,267 $182,259 $-51,470
2019 $139,083 $137,814 $219,843 $1,269
2018 $123,995 $124,031 $222,138 $-36
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