MAYOR'S INSTITUTE FOR EXCELLENCE I… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

JESSICA LOTZ

Phone

9016289854

Tax Period

2024-01-01 to 2024-12-31

MAYOR'S INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC, founded in 2011, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 7% surplus.

Mission

DEVELOP AND IMPLEMENT PROGRAMS TO MEET MAJOR URBAN CHALLENGES THAT EXIST FOR MEMPHIS, TENNESSEE

Program Service Accomplishments

Program 1

Expenses: $1,334,505 Revenue: $9,333

DEVELOPMENT AND IMPLEMENTATION OF PROGRAMS FOCUSED ON GENERATING NEIGHBORHOOD VITALITY, IMPROVING CITY SERVICES, REIMAGINING CIVIC ASSETS AND SUPPORTING MOBILITY AND WELLNESS ACCESS FOR LOW-INCOME...

DEVELOPMENT AND IMPLEMENTATION OF PROGRAMS FOCUSED ON GENERATING NEIGHBORHOOD VITALITY, IMPROVING CITY SERVICES, REIMAGINING CIVIC ASSETS AND SUPPORTING MOBILITY AND WELLNESS ACCESS FOR LOW-INCOME RESIDENTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,646,378

Program Service Revenue $9,333

Investment Income $6,910

Other Revenue $0

TOTAL REVENUE $1,662,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $786,267

Fundraising Expenses $0

Program Expenses $1,334,505

Other Expenses $751,692

TOTAL EXPENSES $1,537,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,662,621	$1,437,868	+0.2%
Expenses	$1,537,959	$1,687,112	-0.1%
Net Income	$124,662	$-249,244	-1.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$127,055

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHANDELL RYAN	DIRECTOR	1.00	Director	$0	$0	$0
DARNELL SETTLES	DIRECTOR	1.00	Director	$0	$0	$0
EMILY STRACK	DIRECTOR	1.00	Director	$0	$0	$0
JT MALASRI	DIRECTOR	1.00	Director	$0	$0	$0
PETER BUNCE	TREASURER	1.00	Officer Director	$0	$0	$0
PETYA KIRILOVA-GRADY	PRESIDENT	1.00	Officer Director	$0	$0	$0
GWYN FISHER	DIRECTOR	1.00	Officer Director	$0	$0	$0
SARA HALL	DIRECTOR	1.00	Officer Director	$0	$0	$0
JUSTIN ENTZMINGER	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA LOTZ	EXECUTIVE DIRECTOR	40.00	Officer	$120,000	$7,055	$127,055
COURTNEY MCNEAL	CHIEF OF STAFF	40.00	Highest	$115,000	$10,529	$125,529
KRISTEN MORIN	DATA MIDSOUTH DIRECTOR	40.00	Highest	$100,480	$10,106	$110,586

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
2024	$1,662,621	$1,537,959	$2,019,257	$124,662
2023	$1,437,868	$1,687,112	$1,789,734	$-249,244
2022	$2,041,109	$2,080,091	$2,082,507	$-38,982
2021	$1,329,628	$1,399,485	$2,089,884	$-69,857
2021	$1,547,507	$1,399,485	$2,089,884	$148,022
2020	$1,790,062	$1,637,199	$2,174,456	$152,863
2019	$2,275,326	$1,399,828	$2,108,081	$875,498
2018	$2,351,854	$4,259,637	$1,724,505	$-1,907,783

MAYOR'S INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC