MEMPHIS LIFT PARENT INSTITUTE (EIN 822560581) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

SARAH CARPENTER

Phone

9012760850

Tax Period

2024-01-01 to 2024-12-31

MEMPHIS LIFT PARENT INSTITUTE, founded in 2017, is a small nonprofit in the Education sector that reported $552K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 88% operating deficit.

Mission

TO BUILD WIDESPREAD DEMAND FOR HIGH QUALITY SCHOOLS AND RADICAL CHANGES IN PUBLIC EDUCATION TO DISRUPT SYSTEMATIC EDUCATIONAL INEQUALITY THROUGH CHOICE AND HEALTHY COMPETITION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $551,874

Program Service Revenue $0

Investment Income $105

Other Revenue $0

TOTAL REVENUE $551,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $721,663

Fundraising Expenses $0

Program Expenses $613,580

Other Expenses $315,585

TOTAL EXPENSES $1,037,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$551,979	$1,540,912	-0.6%
Expenses	$1,037,248	$985,838	+0.1%
Net Income	$-485,269	$555,074	-1.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$123,398

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE BELL-ANTHONY	TREASURER	5.00	Officer Director	$0	$0	$0
JAVIER BAILEY	BOARD MEMBER	3.00	Director	$0	$0	$0
NEDRA ANDERSON	BOARD MEMBER	3.00	Director	$0	$0	$0
TOYA HARVEY	BOARD MEMBER	3.00	Director	$0	$0	$0
MARGO ROEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
AL BRIGHT	BOARD MEMBER	3.00	Director	$0	$0	$0
ASHTON TOONE	SECRETARY	5.00	Officer Director	$0	$0	$0
SARAH CARPENTER	EXECUTIVE DIRECTOR	40.00	Officer	$123,398	$0	$123,398

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	$551,979	$1,037,248	$3,354,082	$-485,269
2023	$1,540,912	$985,838	$4,262,941	$555,074
2022	$2,251,307	$691,655	$3,252,635	$1,559,652
2022	$2,031,153	$715,633	$3,252,635	$1,315,520
2021	$856,155	$598,679	$1,693,218	$257,476
2020	$561,496	$548,824	$1,435,742	$12,672
2019	$1,101,878	$803,603	$1,435,475	$298,275
2018	$1,375,838	$614,072	$1,136,966	$761,766

MEMPHIS LIFT PARENT INSTITUTE