COMMUNITIES IN SCHOOLS OF MEMPHIS

EIN: 824511570 501(c)(3) Education

MEMPHIS, TN

Total Revenue
$6,273,786
Total Expenses
$6,274,010
Total Assets
$5,049,631
Net Assets
$4,801,217
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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
2018
Legal Domicile
TN
Principal Officer
KELSEY KENNIEL
Phone
9014417916
Tax Period
2024-07-01 to 2025-06-30

COMMUNITIES IN SCHOOLS OF MEMPHIS, founded in 2018, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

TO SURROUND STUDENTS WITH A COMMUNITY OF SUPPORT, EMPOWERING THEM TO STAY IN SCHOOL AND ACHIEVE IN LIFE.

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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 $6,114,283
Program Service Revenue $0
Investment Income $159,483
Other Revenue $20
TOTAL REVENUE $6,273,786

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,523,582
Fundraising Expenses $128,609
Program Expenses $5,598,478
Other Expenses $1,750,428
TOTAL EXPENSES $6,274,010

Year-over-Year Comparison

2024 2023 Change
Revenue $6,273,786 $4,396,053 +0.4%
Expenses $6,274,010 $4,473,594 +0.4%
Net Income $-224 $-77,541 -1.0%
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
64
Volunteers
81

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
7
$426,153
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE SWAIN BOARD MEMBER 1.00
Director
$0 $0 $0
RAYFIELD DAIMER SECRETARY 1.00
Officer Director
$0 $0 $0
CHARLES HARRIS CHAIRPERSON 1.00
Officer Director
$0 $0 $0
GIA STOKES TREASURER 1.00
Officer Director
$0 $0 $0
DIANE HEYMAN BOARD MEMBER 1.00
Director
$0 $0 $0
EMMANUEL CASTELAN BOARD MEMBER 1.00
Director
$0 $0 $0
LAURNE HOLLAND VICE-CHAIR 1.00
Officer Director
$0 $0 $0
GAY LANDAICHE BOARD MEMBER 1.00
Director
$0 $0 $0
SHAREN ROOKS BOARD MEMBER 1.00
Director
$0 $0 $0
TESHANDA MIDDLETON CHIEF EXECUTIVE OFFICER 40.00
Officer
$178,372 $8,378 $186,750
KELSEY KENNIEL CHIEF OPS & FINANCIAL OFFICER 40.00
Officer
$103,015 $21,327 $124,342
JESSICA PONTOO CHIEF OF STAFF & STRATEGY 40.00
Officer
$91,172 $23,889 $115,061
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 $6,273,786 $6,274,010 $5,049,631 $-224
2024 $4,396,053 $4,473,594 $4,962,270 $-77,541
2023 $3,550,675 $4,573,113 $5,232,541 $-1,022,438
2022 $5,772,280 $4,184,044 $6,412,179 $1,588,236
2021 $5,270,507 $3,512,992 $4,747,472 $1,757,515
2020 $4,568,156 $3,170,343 $3,067,347 $1,397,813
2019 $2,705,006 $2,625,073 $1,575,564 $79,933
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