MEMPHIS DELTA PREPARATORY CHARTER SCHOOL

EIN: 473485909 501(c)(3) Education

MEMPHIS, TN

Total Revenue
$5,833,814
Total Expenses
$6,248,683
Total Assets
$3,249,833
Net Assets
$2,393,397
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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
2015
Legal Domicile
TN
Principal Officer
PRINCESS WOODARD
Phone
9012511010
Tax Period
2024-07-01 to 2025-06-30

MEMPHIS DELTA PREPARATORY CHARTER SCHOOL, founded in 2015, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

TO SUPPORT AND GROW PRODUCTIVE WELL-ROUNDED CITIZENS WHO WILL SUCCEED IN COLLEGE AND BEYOND.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,789,643
Program Service Revenue $39,595
Investment Income $4,576
Other Revenue $0
TOTAL REVENUE $5,833,814

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,334,151
Fundraising Expenses $0
Program Expenses $3,740,106
Other Expenses $2,914,532
TOTAL EXPENSES $6,248,683

Year-over-Year Comparison

2024 2023 Change
Revenue $5,833,814 $6,789,131 -0.1%
Expenses $6,248,683 $6,457,581 0.0%
Net Income $-414,869 $331,550 -2.3%
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
10
Independent Members
10
Employees
63
Volunteers
10

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
5
$189,181
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TATE WILSON BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JOELLE THOMPSON SECRETARY 1.00
Officer Director
$0 $0 $0
MATT HARRELL BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL JOYNER BOARD MEMBER 1.00
Director
$0 $0 $0
CECIL CARNEY BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA NENON BOARD MEMBER 1.00
Director
$0 $0 $0
TOM MARINO BOARD MEMBER 1.00
Director
$0 $0 $0
SHANIQUA TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
ISABELLA WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
PRINCESS WOODARD BOARD MEMBER 1.00
Director
$0 $0 $0
CRYSTAL TUGGLE EXECUTIVE DIRECTOR 40.00
Officer
$102,291 $0 $102,291
JASMINE THORNTON DIRECTOR OF FINANCE AND OP 40.00
Officer
$47,605 $0 $47,605
WILLIAM DAVID ALLEN DIRECTOR OF FINANCE AND OP 40.00
Officer
$39,285 $0 $39,285
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
2025 $5,833,814 $6,248,683 $3,249,833 $-414,869
2024 $6,789,131 $6,457,581 $3,769,906 $331,550
2023 $7,124,391 $6,661,996 $3,623,009 $462,395
2022 $5,650,290 $5,748,477 $4,856,430 $-98,187
2021 $5,792,923 $4,693,346 $2,682,732 $1,099,577
2020 $4,645,946 $4,811,357 $1,716,803 $-165,411
2019 $3,811,069 $4,078,772 $921,983 $-267,703
2018 $3,796,156 $3,748,050 $1,245,524 $48,106
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