The Cathedral Foundation Inc

Nonprofit profile at a glance

EIN: 811596426
IRS 990-EZ coverage: 2018–2025
Forms available: Form 990-EZ 2025, Form 990-N 2020
Location: Memphis, TN, USA
Phone: 9018310821
Rating: 57
Verdict: MIXED
Rating confidence: Moderate
Sector: Community, Neighborhood Development
Affiliation: Christianity

Reported finances

Revenue: $106,731
Expenses: $107,220
Assets: $3,808
Liabilities: $15,730

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

Leadership & pay

2 people listed

Executive titles in this filing

Davin Clemmons (President)
Darnell Gooch (Vice President)

People named in this filing

Davin Clemmons (President)
Darnell Gooch (Vice President)

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 Cathedral Foundation Inc. Is a charitable resource organization that supports education, health, culture and social services.

What it reported doing in 2025

Unity and pride by promoting equality/inclusion, human rights, education, outreach, arts, and culture of the Memphis and Mid-Souths LGBTQ community and allies.

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for member benefits.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 39
Transparency & Controls: 82
Sustainability: 23
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 38.5%; rating input score 39
Program expense ratio: 38.4%; rating input score 38

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -0.5%; rating input score 29; 29th percentile among comparable filings
Total-asset coverage ratio: 0.04; rating input score 7; 7th percentile among comparable filings
Liabilities to assets ratio: 4.13; rating input score 1; 1st percentile among comparable filings
Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
Revenue growth: 16.5% per year; rating input score 100; 77th percentile among comparable filings
Asset growth: -9.7% per year; rating input score 0; 11th percentile among comparable filings

Details

Where the money goes: 38.5% of revenue deployed · 38.4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $41K in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 6 filing years from 2018 to 2025
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
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.

Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
Moderate — Financial Efficiency: Program expense ratio scored 38/100.
High — Sustainability: Operating margin scored 29/100.
High — Sustainability: Total-asset coverage ratio scored 7/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 1/100.