Leadership Memphis

Nonprofit profile at a glance

EIN
621043517
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Memphis, TN, USA
Phone
9012780016
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$709,686
Expenses
$1,394,826
Assets
$1,840,866
Liabilities
$150,786

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

40 people listed

Executive titles in this filing

  • BOBBY WHITE (CEO/PRESIDENT)
  • REGGIE CRENSHAW (IMMEDIATE PAST PRESIDENT & CEO)

Highest reported compensation

  • REGGIE CRENSHAW (IMMEDIATE PAST PRESIDENT & CEO): $89,439 total reported compensation
  • BOBBY WHITE (CEO/PRESIDENT): $35,263 total reported compensation
  • BRETT LAWSON (SENIOR DIRECTOR OF OPERATIONS): $16,116 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A city is only as strong as it's base of community leaders. For 40 years leadership memphis has focused on bringing leaders together to learn about their community. What is going on? What is and isn't working? Who is doing what? How does community work best? Where can i have the most impact? In answering questions such as these, participants can leverage their deeper community learning into greater community impact. Thus, many networks are formed to make a meaningful difference.

What it reported doing in 2024

During fy2025, leadership memphis offered three core civic leadership development programs: the executive program, fasttrack fall 2024, and fasttrack spring 2025. Together, these programs equipped emerging and established leaders across memphis with the knowledge, relationships, and civic engagement experiences necessary to strengthen communities and advance collaborative leadership throughout the city.the executive program (ep25) is a nine-month civic leadership development experience designed for senior-level professionals and executives in memphis. The program runs from august through april and provides participants with an in-depth understanding of memphis' most pressing challenges and opportunities while equipping them with the tools, relationships, and experiences necessary to lead meaningful change across sectors. The program includes immersive leadership development sessions focused on key civic and community topics, including: social & community context, government & public policy, economic development, educational equity, health & wellness, neighborhood & built environment, hunger & homelessness, community safety, and arts & culture.in addition to the core sessions, participants are required to complete community service hours throughout the program year. Participants are also assigned to community groups where they collaborate on community action projects designed to address issues impacting memphis neighborhoods and communities. Community groups are organized around the following neighborhoods and geographic areas: berclair, binghampton, douglass, frayser, hamilton, hickory hill, orange mound, and whitehaven.the executive program fy2025 cohort contributed:- 53 graduates- 2,120 service hours- 4,240 hours of leadership training- 8 community action projects- $69,960 estimated community investment to memphisthe fasttrack program is a high-impact civic leadership development experience designed for emerging leaders, young professionals, nonprofit professionals, entrepreneurs, and community leaders seeking to deepen their civic engagement and leadership capacity in memphis. Leadership memphis offered both a fall 2024 and spring 2025 fasttrack cohort during fy2025. The program helps participants strengthen leadership skills, expand civic and professional networks, and increase their understanding of memphis' systems, opportunities, and challenges through interactive learning experiences and community engagement.the fasttrack curriculum includes class sessions focused on key community topics such as: social & community context, government & public policy, economic development, educational equity, health & wellness, neighborhood & built environment, hunger & homelessness, and arts & culture.as part of the program, participants develop a civic leadership plan that includes:- identifying key community issues and opportunities for impact- setting clear, measurable goals for personal and professional growth- crafting strategies for engaging with local leaders, organizations, and stakeholders- establishing action steps for meaningful community involvement- demonstrating how they plan to implement their leadership plan over the next 12 monthsin total, the fasttrack program graduated 48 participants during fy2025:- 21 graduates in fasttrack fall 2024- 27 graduates in fasttrack spring 2025collectively, leadership memphis' fy2025 civic leadership programs continued to strengthen memphis' leadership pipeline by preparing diverse leaders to serve, collaborate, and create long-term impact across the community.

Operating model

Revenue model
Earned-program. 63% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 86
  • Accountability: 91
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 52.8%; rating input score 53
  • Fundraising efficiency: $1.15 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -96.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 11.6%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 52.8% of spending went to programs
  • Governance: 34 of 34 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $736K in reported program spending
  • Leadership: top reported pay $89K · 40 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Program expense ratio scored 53/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.