Frayser Community Association

Nonprofit profile at a glance

EIN
320526906
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Memphis, TN, USA
Phone
9018604675
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$3,767
Expenses
$3,793
Assets
$3,498
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MARY SHIPP (President)
  • CLAUDETTE SHEPHARD (Vice President)

People named in this filing

  • MARY SHIPP (President)
  • CLAUDETTE SHEPHARD (Vice President)
  • SHERITA MARTIN (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Frayser Community Association promotes community, neighborhood development and improvement through support of housing, schools, neighborhoods, businesses and civic organizations in Frayser. The organization works on issues of common concern, while preserving the residential quality of Frayser.

What it reported doing in 2025

FRAYSER SPRING FESTIVAL - Annual event which draws over 300 participants and provides 30-40 vendors (food, entertainment, education, community information, health screening and resources). It creates a vibrant and engaging atmosphere and aims to enhance community connections, raising awareness about important issues and resources

Operating model

Revenue model
Earned-program. 78% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.7%; rating input score 78
  • Program expense ratio: 77.2%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.7%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -21.9% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -39.4% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -22.1% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 77.7% of revenue deployed · 77.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $3K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.