Memphis Center City Development Corporation (EIN 581330667) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

Chandell Ryan

Phone

9015750550

Tax Period

2022-07-01 to 2023-06-30

Memphis Center City Development Corporation, founded in 1978, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2022. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 6% surplus.

Mission

Assist Private Development Projects

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,423,730

Program Service Revenue $7,542

Investment Income $307,456

Other Revenue $0

TOTAL REVENUE $1,738,728

Expense Breakdown

Grants Paid $1,414,410

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,587,382

Other Expenses $216,642

TOTAL EXPENSES $1,631,052

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,738,728	$1,013,389	+0.7%
Expenses	$1,631,052	$1,714,181	0.0%
Net Income	$107,676	$-700,792	-1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Angel Price	Board Member	4.00	Officer Director	$0	$0	$0
Dacquiri Baptiste	Board Member	4.00	Officer Director	$0	$0	$0
Demar Roberts	Board Member	4.00	Officer Director	$0	$0	$0
Elizabeth Low	Board Member	4.00	Director	$0	$0	$0
Anton Mack	Chairperson	4.00	Director	$0	$0	$0
Carl Person	Board Member	4.00	Director	$0	$0	$0
Benjamin Orgel	Board Member	4.00	Director	$0	$0	$0
Deni Reilly	Board Member	4.00	Director	$0	$0	$0
Tanja Mitchell	Board Member	4.00	Director	$0	$0	$0
Paul Young	President/CEO	40.00	Key Emp Highest	$0	$0	$0
Kevin Brewer	Board Member	4.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,738,728	$1,631,052	$12,203,798	$107,676
2022	$143,140	$1,715,061	$10,785,679	$-1,571,921
2021	$2,877,501	$2,513,457	$10,800,870	$364,044
2020	$1,134,042	$1,198,420	$10,427,089	$-64,378
2019	$3,575,723	$1,848,142	$10,530,541	$1,727,581
2018	$2,542,923	$1,507,903	$8,766,766	$1,035,020

Memphis Center City Development Corporation