NEW MEMPHIS INSTITUTE (EIN 581607228) - 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

1984

Legal Domicile

Principal Officer

ANNA MULLINS ELLIS

Phone

9015274625

Tax Period

2025-01-01 to 2025-12-31

NEW MEMPHIS INSTITUTE, founded in 1984, is a community nonprofit in the Civil Rights & Advocacy sector that reported $3.4M in total revenue in fiscal year 2025. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $3.0M left a modest 14% surplus.

Mission

NEW MEMPHIS FORGES A PROSPEROUS AND VITAL NEW MEMPHIS BY DEVELOPING, ACTIVATING AND RETAINING TALENT IN ORDER TO MOVE MEMPHIS FORWARD BY DELIVERING PROGRAMS THAT EMPOWER AND INSPIRE INDIVIDUALS TO FURTHER DEVELOP THE STRENGTHS OF OUR CITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,720,189

Program Service Revenue $564,528

Investment Income $116,452

Other Revenue $42,647

TOTAL REVENUE $3,443,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,826,649

Fundraising Expenses $126,009

Program Expenses $2,640,556

Other Expenses $1,137,774

TOTAL EXPENSES $2,964,423

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,443,816	$2,168,997	+0.6%
Expenses	$2,964,423	$2,839,392	+0.0%
Net Income	$479,393	$-670,395	-1.7%

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

1000

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

$366,987

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY AVERWATER	TRUSTEE	1.00	Director	$0	$0	$0
PETER BUNCE	TRUSTEE	1.00	Director	$0	$0	$0
MATT HARRELL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAPHNE LARGE	TRUSTEE	1.00	Director	$0	$0	$0
KELLY LOMAX	TREASURER	1.00	Officer Director	$0	$0	$0
ISAAC RODRIGUEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
CHANDELL RYAN	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW SCHAEFFER	TRUSTEE	1.00	Director	$0	$0	$0
GREG SPILLYARDS	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN STEPHENSON	AT LARGE	1.00	Officer Director	$0	$0	$0
TISH TOWNS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DUNCAN WILLIAMS	AT LARGE	1.00	Officer Director	$0	$0	$0
KEVIN WOODS	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
KONTJI ANTHONY	TRUSTEE	1.00	Director	$0	$0	$0
FEDERICO FIDALGO	AT LARGE	1.00	Officer Director	$0	$0	$0
MIKE LAMBERT	TRUSTEE	1.00	Director	$0	$0	$0
TED TOWNSEND	TRUSTEE	1.00	Director	$0	$0	$0
GIL UHLHORN	TRUSTEE	1.00	Director	$0	$0	$0
MARIO BROWN	TRUSTEE	1.00	Director	$0	$0	$0
PENELOPE HUSTON	TRUSTEE	1.00	Director	$0	$0	$0
DANIELLE INEZ	TRUSTEE	1.00	Director	$0	$0	$0
JT MALASRI	TRUSTEE	1.00	Director	$0	$0	$0
NIKA MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
PAT HOPPER	TRUSTEE	1.00	Director	$0	$0	$0
ERIC BAILEY	TRUSTEE	1.00	Director	$0	$0	$0
AMY SHELTON LITTLE	TRUSTEE	1.00	Director	$0	$0	$0
TARA HALLIE WARE	TRUSTEE	1.00	Director	$0	$0	$0
JILL TURNER	COO	40.00	Officer	$155,666	$6,420	$162,086
ANNA MULLINS ELLIS	CEO	40.00	Officer	$198,481	$6,420	$204,901
ANNA WOHRMAN	VP OF STRATEGIC INITIATIVE	40.00	Highest	$125,413	$17,542	$142,955
KAYLON BRADFORD	VP OF PROGRAMS	40.00	Highest	$128,258	$6,420	$134,678

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	$3,443,816	$2,964,423	$5,946,410	$479,393
2024	$2,168,997	$2,839,392	$5,323,925	$-670,395
2023	$3,377,982	$2,694,740	$6,025,275	$683,242
2022	$2,528,139	$2,563,908	$5,198,582	$-35,769
2021	$2,464,283	$2,478,948	$4,063,276	$-14,665
2020	$2,014,663	$2,149,852	$4,038,313	$-135,189
2019	$2,728,022	$2,345,310	$4,050,361	$382,712
2018	$2,169,072	$2,156,325	$3,490,676	$12,747

NEW MEMPHIS INSTITUTE