LEMOYNE-OWEN COLLEGE Charity Report

Public IRS 990 nonprofit record

LEMOYNE-OWEN COLLEGE

EIN 62-0475690 · Education (B42Z)

What they do

The College is A Liberal Arts Institution Committed to Fostering Academic Excellence and to Provide High Educational Opportunities for A Diverse Population With Disparate Levels of Academic Preparation.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $59.00 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 leaders30 people are listed in the latest report.

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

Money made simple

84.13%of revenue went to mission work59.0% of expenses · Program services

4.19%of revenue went to fundraising2.9% of expenses

$142.70spent for every $100 of revenueSpending was higher than revenue this year.

54.37%of revenue went to management and office costs38.1% of expenses

$1.64in assets for every $1 spent this yearSome assets cannot be spent right away.

48.8%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 $8,176,341 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $264,004 for MR CHRISTOPHER DAVIS (PRESIDENT). 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$19,150,552

Mission workProgram services$16,111,95084.13% of revenue59.0% of expenses

ManagementOffice and general costs$10,411,77954.37% of revenue38.1% of expenses

FundraisingAsking for donations$803,1644.19% of revenue2.9% of expenses

Total expenses$27,326,893142.70% 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: 59.0% mission · 38.1% management · 2.9% fundraisingTotal expenses: 142.70% of revenue

2023Expense mix: 52.4% mission · 44.9% management · 2.7% fundraisingTotal expenses: 110.99% of revenue

2022Expense mix: 70.4% mission · 26.9% management · 2.7% fundraisingTotal expenses: 94.49% of revenue

2021Expense mix: 69.5% mission · 28.5% management · 2.0% fundraisingTotal expenses: 98.85% of revenue

2020Expense mix: 62.2% mission · 35.8% management · 2.1% fundraisingTotal expenses: 79.99% of revenue

2019Expense mix: 66.9% mission · 29.8% management · 3.3% fundraisingTotal expenses: 99.20% of revenue

2018Expense mix: 65.3% mission · 32.0% management · 2.7% fundraisingTotal expenses: 87.31% of revenue

2017Expense mix: 67.2% mission · 28.9% management · 3.8% fundraisingTotal expenses: 92.40% of revenue

Money in and money out

Revenue$19,150,552

Expenses$27,326,893

Annual shortfall $8,176,341 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)$16,111,950 · 59.0% of expenses

Management and office costs$10,411,779 · 38.1% of expenses

Fundraising$803,164 · 2.9% of expenses

See all reported dollar amounts

Revenue$19,150,552

Expenses$27,326,893

Assets$44,916,722

Income$19,150,552

Contributions$9,352,517

Mission work (program services)$16,111,950

Fundraising$803,164

Management and general$10,411,779

Stocks and bonds$15,696,730

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

MR CHRISTOPHER DAVISPRESIDENT · 40 hrs/week $264,004

MS JOYCE MCGHEEVICE PRESIDENT OF ADMINISTRATION FINANCE, CFO · 40 hrs/week $180,000

DR LISA J LANGPROVOST VICE PRESIDENT FOR ACADEMIC AFFAIRS · 40 hrs/week $167,092

MS KIMBERLY BAILEYVICE PRESIDENT OF INFORMATION TECHNOLOGY, CIO · 40 hrs/week $165,000

MS TARA DUNN ROSSCHIEF OPERATIONS OFFICER · 40 hrs/week $135,000

MS AMY DAVISVICE PRESIDENT, HUMAN RESOURCES, CHRO · 40 hrs/week $125,000

MR WILLIAM ANDERSONATHLETICS DIRECTOR · 40 hrs/week $100,000

LAMAR-OCTAVIOUS SCOTTVICE PRESIDENT, STUDENT AFFAIRS · 40 hrs/week $100,000

MS GAIL ROBINSONEXECUTIVE DIRECTOR, TITLE III · 40 hrs/week $90,000

MS ROSALYN NICHOLSVICE PRESIDENT OF ADVANCEMENT · 40 hrs/week $75,000

MS KIMBERLY MONDAYEXECUTIVE ASSISTANT TO THE PRESIDENT · 40 hrs/week $61,000

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 (30)

MR CHRISTOPHER DAVISPRESIDENT

MS JOYCE MCGHEEVICE PRESIDENT OF ADMINISTRATION FINANCE, CFO

DR LISA J LANGPROVOST VICE PRESIDENT FOR ACADEMIC AFFAIRS

MS KIMBERLY BAILEYVICE PRESIDENT OF INFORMATION TECHNOLOGY, CIO

MS TARA DUNN ROSSCHIEF OPERATIONS OFFICER

MS AMY DAVISVICE PRESIDENT, HUMAN RESOURCES, CHRO

MR WILLIAM ANDERSONATHLETICS DIRECTOR

LAMAR-OCTAVIOUS SCOTTVICE PRESIDENT, STUDENT AFFAIRS

MS GAIL ROBINSONEXECUTIVE DIRECTOR, TITLE III

MS ROSALYN NICHOLSVICE PRESIDENT OF ADVANCEMENT

MS KIMBERLY MONDAYEXECUTIVE ASSISTANT TO THE PRESIDENT

MS PATRICIA COVINGTONBOARD MEMBER

REV DR WILLIAM LADDBOARD MEMBER

MRS VANECIA BELSER KIMBROWCHAIRPERSON

MRS SHARON DEVINE HARRISSECRETARY

MRS MISKA CLAY BIBBSBOARD MEMBER

MR VICTOR WALKERBOARD MEMBER

MRS KC WARRENSECOND VICE CHAIRPERSON

DR CLAUDETTE JONES SHEPHARDBOARD MEMBER

MR MICHAEL SCARBROUGHBOARD MEMBER

MR MICHAEL COLLINSBOARD MEMBER

MR JASON H BERGERFIRST VICE CHAIRPERSON

MR BYRON COLEBOARD MEMBER

DR SONJA B WILLIAMSBOARD MEMBER

DR SANDRA MADUBUONWUBOARD MEMBER

DR MYKE COLLINSBOARD MEMBER

DR MARLON KINGBOARD MEMBER

DR LINDA WHITEBOARD MEMBER

DR HAYWOOD STRICKLANDBOARD MEMBER

DR DEBORAH HARMON HINESBOARD MEMBER

About this charity

Recognized since: January 1956
Location: 807 Walker Avenue, Memphis, TN 38126
County: Shelby
In care of: Joyce A McGhee
Primary officer: Joyce A McGhee, Vice President Director of FinanceC

How to reach them

WebsiteVisit the charity’s website Phone(901) 435-1000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: THE WESLEY PEACHTREE GROUP CPAS
NTEE classification: Education (B42Z)