MEMPHIS INCUBATOR SYSTEMS INC

EIN: 621739744 501(c)(3)

MEMPHIS, TN

Total Revenue
$87,806
Total Expenses
$1,397,848
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TN
Principal Officer
BRYAN EAGLE III
Tax Period
2019-07-01 to 2020-06-30

MEMPHIS INCUBATOR SYSTEMS INC, founded in 1998, is a micro nonprofit that reported $88K in total revenue in fiscal year 2019. Expenses of $1.4M exceeded revenue, resulting in a 1492% operating deficit.

Mission

TO DEVELOP, PROMOTE, AND MANAGE A SYSTEM OF BUSINESS DEVELOPMENT INCUBATORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $70,145
Investment Income $17,661
Other Revenue $0
TOTAL REVENUE $87,806

Expense Breakdown

Grants Paid $1,330,217
Salaries & Benefits $0
Fundraising Expenses $57
Program Expenses $1,356,682
Other Expenses $67,631
TOTAL EXPENSES $1,397,848

Year-over-Year Comparison

2019 2018 Change
Revenue $87,806 $-825,639 -1.1%
Expenses $1,397,848 $538,932 +1.6%
Net Income $-1,310,042 $-1,364,571 0.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE FRACCHIA DIRECTOR N/A
Director
$0 $0 $0
KEVIN HUMPHRIES DIRECTOR N/A
Director
$0 $0 $0
BRYAN EAGLE III DIRECTOR N/A
Director
$0 $0 $0
JAY LINDY DIRECTOR N/A
Director
$0 $0 $0
JOHN OGLE DIRECTOR N/A
Director
$0 $0 $0
LISA WADE DIRECTOR N/A
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
2020 $87,806 $1,397,848 No data $-1,310,042
2019 $-825,639 $538,932 $1,387,775 $-1,364,571
2018 $574,937 $816,751 $3,342,385 $-241,814
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MEMPHIS INCUBATOR SYSTEMS INC with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.