BBA Foundation of Memphis Inc

EIN: 800621931 501(c)(3) Human Services

Memphis, TN

Total Revenue
$75,000
Total Expenses
$16,808
Total Assets
$58,192
Net Assets
$58,192
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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
2010
Legal Domicile
TN
Principal Officer
Alan A Gumbel
Phone
9016369300
Tax Period
2022-07-01 to 2023-06-30

BBA Foundation of Memphis Inc, founded in 2010, is a micro nonprofit in the Human Services sector that reported $75K in total revenue in fiscal year 2022. The organization ran a surplus of $58K, a strong 78% operating margin.

Mission

To improve the economic well being of the Memphis, TN region by developing successful entrepreneurs through education, advocacy and business development.

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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 (2022)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,808
Other Expenses $16,808
TOTAL EXPENSES $16,808

Year-over-Year Comparison

2022 2021 Change
Revenue $75,000 N/A N/A
Expenses $16,808 N/A N/A
Net Income $58,192 N/A N/A
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
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
2
$208,538
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ernest D Strickland President/CEO N/A
Key Emp
$0 $0 $149,992
Alan A Gumbel Chief Operation Officer N/A
Key Emp
$0 $0 $58,546
Carless McCullough Esq Treasurer N/A
Officer Director
$0 $0 $0
Mark Yates Chairman N/A
Officer Director
$0 $0 $0
Michael A Hooks Jr Secretary N/A
Officer 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
2023 $75,000 $16,808 $58,192 $58,192
2022 No data No data No data No data
2021 No data No data No data No data
2020 No data No data No data No data
2019 No data No data No data No data
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