MEMPHIS LEADERSHIP FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

MEMPHIS LEADERSHIP FOUNDATION INC

EIN 58-1715927 · Youth Development (O55Z)

What they do

THE MEMPHIS LEADERSHIP FOUNDATION ("MLF"), A NON-DENOMINATIONAL FAITH BASED OUTREACH MINISTRY, EMPOWERS URBAN UNDER-RESOURCED MEN, WOMEN, and CHILDREN THROUGH CREATIVE, EFFECTIVE, and INNOVATIVE MINISTRY and LEADERSHIP. THE MISSION and PURPOSE of MLF is to PROCLAIM THE WHOLE GOSPEL to THE WHOLE CITY THROUGH THE EMPOWERMENT of LEADERS and THE DEVELOPMENT of MINISTRIES and PROGRAMS THAT FOCUS ON THE NEEDS of UNDER-RESOURCED PEOPLE and COMMUNITIES.MLF is A MEMBER of THE GLOBAL NETWORK of LOCAL LEADERSHIP FOUNDATIONS ("LLFS"), ORGANIZATIONS WORKING to TRANSFORM THE CITIES IN WHICH THEY OPERATE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.20 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 2023The report may be old. Ask for a newer one.

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

They name their leaders19 people are listed in the latest report.

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

Money made simple

90.55%of revenue went to mission work68.2% of expenses · Program services

1.79%of revenue went to fundraising1.3% of expenses

$383.26spent for every $100 of revenueSpending was higher than revenue this year.

40.35%of revenue went to management and office costs30.4% of expenses

$0.18in assets for every $1 spent this yearSome assets cannot be spent right away.

147.1%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 $2,632,450 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $120,242 for LARRY LLOYD (FOUNDER). 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 2023

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$2,684,316

Mission workProgram services$2,430,64090.55% of revenue68.2% of expenses

ManagementOffice and general costs$1,083,18540.35% of revenue30.4% of expenses

FundraisingAsking for donations$47,9691.79% of revenue1.3% of expenses

Total expenses$3,561,794132.69% 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

2023CurrentExpense mix: 68.2% mission · 30.4% management · 1.3% fundraisingTotal expenses: 132.69% of revenue

2022Expense mix: 82.7% mission · 16.1% management · 1.2% fundraisingTotal expenses: 117.21% of revenue

2021Expense mix: 79.8% mission · 18.6% management · 1.5% fundraisingTotal expenses: 87.43% of revenue

2020Expense mix: 85.3% mission · 13.5% management · 1.2% fundraisingTotal expenses: 91.98% of revenue

2019Expense mix: 86.5% mission · 12.6% management · 0.9% fundraisingTotal expenses: 108.36% of revenue

2018Expense mix: 87.7% mission · 11.5% management · 0.8% fundraisingTotal expenses: 97.37% of revenue

2017Expense mix: 85.7% mission · 13.3% management · 1.0% fundraisingTotal expenses: 98.95% of revenue

2016Expense mix: 91.9% mission · 7.3% management · 0.8% fundraisingTotal expenses: 96.45% of revenue

Money in and money out

Revenue$929,344

Expenses$3,561,794

Annual shortfall $2,632,450 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)$2,430,640 · 68.2% of expenses

Management and office costs$1,083,185 · 30.4% of expenses

Fundraising$47,969 · 1.3% of expenses

See all reported dollar amounts

Revenue$929,344

Expenses$3,561,794

Assets$626,228

Income$929,344

Contributions$1,366,735

Mission work (program services)$2,430,640

Fundraising$47,969

Grants given$640,000

Average grant$320,000

Management and general$1,083,185

Executive compensation (total)$738,165

Accounting fees$138,532

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

LARRY LLOYDFOUNDER · 40 hrs/week $120,242Base $105,846 · Other $14,396

ANTHONY BRANCHPRESIDENT, CHIEF OPERATING · 40 hrs/week $108,167Base $98,908 · Other $9,259

JOHN CLARKDIRECTOR OF DEVELOPMENT · 40 hrs/week $64,999Base $51,231 · Other $13,768

ROBERT BAKERCHIEF FINANCIAL OFFICER · 40 hrs/week $42,087Base $40,846 · Other $1,241

SHAWN TAYLORPAST CHIEF FINANCIAL OFFICER · 40 hrs/week $22,922Base $20,950 · Other $1,972

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 (19)

LARRY LLOYDFOUNDER

ANTHONY BRANCHPRESIDENT, CHIEF OPERATING

JOHN CLARKDIRECTOR OF DEVELOPMENT

ROBERT BAKERCHIEF FINANCIAL OFFICER

SHAWN TAYLORPAST CHIEF FINANCIAL OFFICER

JIMMY DICKEYDIRECTOR

TIM WEBBDIRECTOR

TIFFANY N CRUMPTONDIRECTOR OF DEVELOPMENT

SAM HOLCOMBDIRECTOR

LAQUITA STOKESDIRECTOR

JONATHAN FIELDDIRECTOR

HON CHRIS CRAFTDIRECTOR

FRED GEYERDIRECTOR

DANIEL WALKERDIRECTOR

CHARLOTTE FREEMANCHAIRPERSON

BRANDIS LEVERETTEVICE CHAIRMAN

BEN LANDESSDIRECTOR

BARRY MAYNARDDIRECTOR

ARTHER WELLSDIRECTOR

About this charity

Recognized since: January 1987
Location: 3834 ROSEDALE DR, MEMPHIS, TN 38111-6919
County: Shelby
In care of: % LARRY LLOYD
Primary officer: ROBERT BAKER, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website EmailInformation@mlfonline.org Phone(901) 729-2931

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: HENDERSON HUTCHERSON & MCCULLOUGH PLLC
NTEE classification: Youth Development (O55Z)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes