THE SOCIETY OF ENTREPRENEURS INC

EIN: 621626301 501(c)(3) Community Improvement

MEMPHIS, TN

Total Revenue
$150,637
Total Expenses
$174,795
Total Assets
$306,740
Net Assets
$300,099
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
TN
Principal Officer
PEARSON CRUTCHER
Phone
9012999589
Tax Period
2025-01-01 to 2025-12-31

THE SOCIETY OF ENTREPRENEURS INC, founded in 1991, is a small nonprofit in the Community Improvement sector that reported $151K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $175K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE SOCIETY OF ENTREPRENEURS WAS ESTABLISHED TO EDUCATE THE GENERAL PUBLIC ABOUT ENTREPRENEURSHIP THROUGH MUSEUM EXHIBITS, MEETINGS, AND CONVENTIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $152,650
Program Service Revenue $15,767
Investment Income $22,239
Other Revenue $-40,019
TOTAL REVENUE $150,637

Expense Breakdown

Grants Paid $11,000
Salaries & Benefits $115,270
Fundraising Expenses $11,527
Program Expenses $33,316
Other Expenses $48,525
TOTAL EXPENSES $174,795

Year-over-Year Comparison

2025 2024 Change
Revenue $150,637 $127,102 +0.2%
Expenses $174,795 $179,940 0.0%
Net Income $-24,158 $-52,838 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
1
Volunteers
13

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
3
$106,000
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG MARCHANT PRESIDENT 0.00
Officer Director
$0 $0 $0
DUNCAN WILLIAMS PRESIDENT-ELECT 0.00
Director
$0 $0 $0
KENT RITCHEY SECRETARY/TREASURER 0.00
Officer Director
$0 $0 $0
DAVID ANDREWS BOARD MEMBER 0.00
Director
$0 $0 $0
CHRIS BIRD BOARD MEMBER 0.00
Director
$0 $0 $0
KAREN BLOCKMAN CARRIER BOARD MEMBER 0.00
Director
$0 $0 $0
RON COLEMAN BOARD MEMBER 0.00
Director
$0 $0 $0
GARY DODSON BOARD MEMBER 0.00
Director
$0 $0 $0
EDITH KELLY-GREEN BOARD MEMBER 0.00
Director
$0 $0 $0
PAT LAWLER BOARD MEMBER 0.00
Director
$0 $0 $0
DR MARY MCDONALD BOARD MEMBER 0.00
Director
$0 $0 $0
PATTI PHELPS BOARD MEMBER 0.00
Director
$0 $0 $0
RANDY STEPHERSON BOARD MEMBER 0.00
Director
$0 $0 $0
DENISE STEWART BOARD MEMBER 0.00
Director
$0 $0 $0
JEFF WEBB BOARD MEMBER 0.00
Director
$0 $0 $0
PEARSON CRUTCHER EXECUTIVE DIRECTOR 40.00
Officer
$106,000 $0 $106,000
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 $150,637 $174,795 $306,740 $-24,158
2024 $127,102 $179,940 $331,859 $-52,838
2023 $92,630 $178,715 $374,373 $-86,085
2022 $397,611 $165,376 $435,871 $232,235
2021 $119,530 $144,413 $251,838 $-24,883
2020 $169,091 $151,958 $262,522 $17,133
2019 $177,510 $187,285 $230,449 $-9,775
2018 $213,061 $163,170 $225,848 $49,891
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