MEMPHIS BOYS' CLUB FOUNDATION

EIN: 626082222 501(c)(3) Youth Development

MEMPHIS, TN

Total Revenue
$43,038
Total Expenses
$59,730
Total Assets
$897,400
Net Assets
$897,400
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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
1969
Legal Domicile
TN
Principal Officer
MIKE KEENEY
Phone
9012782947
Tax Period
2023-01-01 to 2023-12-31

MEMPHIS BOYS' CLUB FOUNDATION, founded in 1969, is a micro nonprofit in the Youth Development sector that reported $43K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $60K exceeded revenue, resulting in a 39% operating deficit.

Mission

SUPPORT OF THE PROGRAMS OF THE BOYS AND GIRLS CLUBS OF GREATER MEMPHIS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $43,038
Other Revenue $0
TOTAL REVENUE $43,038

Expense Breakdown

Grants Paid $51,813
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,730
Other Expenses $7,917
TOTAL EXPENSES $59,730

Year-over-Year Comparison

2023 2022 Change
Revenue $43,038 $39,662 +0.1%
Expenses $59,730 $70,933 -0.2%
Net Income $-16,692 $-31,271 -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

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
9
Independent Members
9
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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES ASKEW TRUSTEE 1.00
Director
$0 $0 $0
FRANK A JONES TRUSTEE 1.00
Director
$0 $0 $0
JERROLD GRABER SECRETARY 1.00
Director
$0 $0 $0
JOHN J THOMASON TRUSTEE 1.00
Director
$0 $0 $0
JOHN STEMMLER TRUSTEE 1.00
Director
$0 $0 $0
PAUL BRUNDIDGE TRUSTEE 1.00
Director
$0 $0 $0
MIKE KEENEY TRUSTEE 1.00
Director
$0 $0 $0
BETH ELZEMEYER TRUSTEE 1.00
Director
$0 $0 $0
ANNE WULFF TRUSTEE 1.00
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
2024 No data No data No data No data
2023 $43,038 $59,730 $897,400 $-16,692
2022 $39,662 $70,933 $914,092 $-31,271
2021 $92,289 $58,080 $945,363 $34,209
2020 $33,052 $7,328 $911,154 $25,724
2019 $25,755 $57,227 $885,430 $-31,472
2018 $39,457 $7,775 $916,902 $31,682
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