FRAYSER COMMUNITY SCHOOLS Charity Report

Public IRS 990 nonprofit record

FRAYSER COMMUNITY SCHOOLS

EIN 46-1747159 · Charter Schools (B29)

What they do

OUR MISSION is to PREPARE STUDENTS IN FRAYSER for SUCCESS IN COLLEGE, CAREER and THEIR COMMUNITY. WE WILL ACHIEVE THIS BY PROVIDING A RIGOROUS ACADEMIC PROGRAM WITH EMBEDDED SUPPORTS and AN EMPHASIS ON DISCIPLINE, CHARACTER and SERVICE. OUR MISSION GUIDES ALL SCHOOL ACTIVITIES, INCLUDING OUR COLLEGE PREPARATORY COURSE SEQUENCE, OUR ACADEMY STRUCTURE and STAFFING MODEL, OUR CHARACTER and DISCIPLINE PROGRAM of DRIVE, OUR FRAYSER-ORIENTED COMMUNITY SERVICE PROGRAM, OUR INTENSIVE APPROACH to TEACHER DEVELOPMENT, and OUR EMPHASIS ON ACCOUNTABILITY. EVERY PROGRAM and STAFF MEMBERS ROLE is DESIGNED to SUPPORT THE ACHIEVEMENT of OUR MISSION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

105.92%of revenue went to mission work75.2% of expenses · Program services

$140.84spent for every $100 of revenueSpending was higher than revenue this year.

34.92%of revenue went to management and office costs24.8% of expenses

$1.28in assets for every $1 spent this yearSome assets cannot be spent right away.

99.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,964,919 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $225,268 for BOBBY WHITE JR (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,811,528

Mission workProgram services$5,096,432105.92% of revenue75.2% of expenses

ManagementOffice and general costs$1,680,01534.92% of revenue24.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$6,776,447140.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 75.2% mission · 24.8% management · 0.0% fundraisingTotal expenses: 140.84% of revenue

2023Expense mix: 72.6% mission · 27.4% management · 0.0% fundraisingTotal expenses: 89.20% of revenue

2022Expense mix: 71.9% mission · 28.1% management · 0.0% fundraisingTotal expenses: 93.30% of revenue

2021Expense mix: 72.4% mission · 27.6% management · 0.0% fundraisingTotal expenses: 85.37% of revenue

2020Expense mix: 68.0% mission · 32.0% management · 0.0% fundraisingTotal expenses: 96.25% of revenue

2019Expense mix: 75.5% mission · 24.5% management · 0.0% fundraisingTotal expenses: 97.85% of revenue

2018Expense mix: 82.9% mission · 17.1% management · 0.0% fundraisingTotal expenses: 104.14% of revenue

2017Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 88.31% of revenue

Money in and money out

Revenue$4,811,528

Expenses$6,776,447

Annual shortfall $1,964,919 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,096,432 · 75.2% of expenses

Management and office costs$1,680,015 · 24.8% of expenses

See all reported dollar amounts

Revenue$4,811,528

Expenses$6,776,447

Assets$8,705,459

Income$4,811,528

Contributions$4,781,718

Mission work (program services)$5,096,432

Management and general$1,680,015

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BOBBY WHITE JRCHIEF EXECUTIVE OFFICER · 40 hrs/week $225,268

BRETT LAWSONEXECUTIVE DIRECTOR · 40 hrs/week $163,163

WALTINA PEARSONCHIEF OPERATING OFFICER · 40 hrs/week $136,906

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

BOBBY WHITE JRCHIEF EXECUTIVE OFFICER

BRETT LAWSONEXECUTIVE DIRECTOR

WALTINA PEARSONCHIEF OPERATING OFFICER

ANDREA JACOBOBOARD MEMBER

ARLINDA FAIR CATHEYVICE BOARD CHAIR

CANDICE REDDICKBOARD CHAIR

CARLA TOLBERTBOARD MEMBER

CHARIA JACKSONBOARD TREASURER

CHRISTOPHER WELLSBOARD MEMBER

DR MARCELLOUS STANSBERRYBOARD MEMBER

DR NATASHA BURNETTBOARD MEMBER

KEVIN ARMSTRONGBOARD MEMBER

KIMBERLY ADAMSBOARD MEMBER

SHANICE DOWDYBOARD MEMBER

VANESSA CASWELL-RODGERSBOARD MEMBER

About this charity

Recognized since: January 2014
Location: 3389 DAWN DR, MEMPHIS, TN 38127
County: Shelby
In care of: BOBBY WHITE
Primary officer: BOBBY WHITE, CEO

How to reach them

WebsiteVisit the charity’s website Phone(901) 445-1723

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: THE MARSTON GROUP PLC
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools