PEREA ELEMENTARY SCHOOL

EIN: 820954843 501(c)(3)

MEMPHIS, TN

Total Revenue
$7,890,074
Total Expenses
$8,022,042
Total Assets
$7,516,241
Net Assets
$6,546,360
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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
2017
Legal Domicile
TN
Principal Officer
ROBERT DAVIS III
Phone
9017264300
Tax Period
2024-07-01 to 2025-06-30

PEREA ELEMENTARY SCHOOL, founded in 2017, is a community nonprofit that reported $7.9M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

PEREA ELEMENTARY SCHOOL AND PEREA PRESCHOOL WILL PREPARE ALL STUDENTS ACADEMICALLY, SOCIALLY, AND EMOTIONALLY FOR SUCCESS BY CREATING AND MAINTAINING A CLASSROOM AND SCHOOL ENVIRONMENT THAT IS STUDENT-CENTERED, WITH HIGH ACADEMIC EXPECTATIONS AND WHERE ALL STUDENTS FEEL WELCOMED, APPRECIATED, AND VALUED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,758,738
Program Service Revenue $86,626
Investment Income $33,054
Other Revenue $11,656
TOTAL REVENUE $7,890,074

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,516,540
Fundraising Expenses $0
Program Expenses $6,367,716
Other Expenses $2,505,502
TOTAL EXPENSES $8,022,042

Year-over-Year Comparison

2024 2023 Change
Revenue $7,890,074 $8,578,346 -0.1%
Expenses $8,022,042 $7,575,344 +0.1%
Net Income $-131,968 $1,003,002 -1.1%
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
10
Independent Members
10
Employees
88
Volunteers
50

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
5
$254,959
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM BOYD BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DARNELL MOSES SECRETARY 1.00
Officer Director
$0 $0 $0
ANN LANGSTON TREASURER 1.00
Officer Director
$0 $0 $0
BISHOP ALTHEA GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
DR STEPHANIE HILL BOARD MEMBER 1.00
Director
$0 $0 $0
DR BRIAN INGRAM BOARD MEMBER 1.00
Director
$0 $0 $0
CARL CARTER BOARD MEMBER 1.00
Director
$0 $0 $0
QUINCY JONES BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
BOBBY WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
SHANDRA BROOKS SR. DIRECTOR OF FINANCE 40.00
Officer
$107,603 $0 $107,603
ROBERT DAVIS III EXECUTIVE DIRECTOR 40.00
Officer
$147,356 $0 $147,356
TIA JAMES EDUCATOR 40.00
Highest
$115,182 $0 $115,182
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 $7,890,074 $8,022,042 $7,516,241 $-131,968
2024 No data No data No data No data
2023 $7,866,245 $6,565,378 $6,215,137 $1,300,867
2022 $4,772,598 $3,816,466 $4,449,509 $956,132
2021 $3,602,420 $2,884,413 $2,497,870 $718,007
2020 $2,593,003 $2,456,797 $1,729,228 $136,206
2018 $775,637 $175,547 $613,186 $600,090
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