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Memphis Challenge Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621400107 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Memphis Challenge Inc?

Memphis Challenge Inc is a nonprofit organization situated in Memphis, Tennessee, with a primary focus on empowering underrepresented high-achieving students of color. Based at 17 WEST PONTOTOC AVENUE 100, the organization offers monthly workshops to 9th, 10th, 11th, and 12th-grade students from various schools in the area. These workshops aim to instill confidence, motivation, and essential skills in the students, ultimately preparing them for college and beyond. The organization boasts over 500 alumni who are now contributing to the community as professionals in various fields, such as law, education, medicine, directorship, and entrepreneurship. Memphis Challenge Inc's purpose is to match these talented students with top-tier colleges and universities, ensuring they leverage their education, expertise, and connections to positively impact Memphis. The organization employs a dedicated workforce of six individuals.


Official website here: www.memphischallenge.org

What do the Facebook reviews say about Memphis Challenge Inc?

96% of 7 reviewers on Facebook recommend Memphis Challenge Inc. Here is a summary of their reviews:

Many users express enthusiasm for the organization's impact on the youth in Memphis, highlighting it as an "awesome program." Reviewers appreciate the positive influence and opportunities provided to young people in the community, indicating a strong alignment with the nonprofit's mission.

Overall, the sentiment is overwhelmingly positive, suggesting that Memphis Challenge Inc is effectively delivering valuable services and making a meaningful difference in the lives of local youth.


This AI summary has been generated from reviews found on Facebook.

Is Memphis Challenge Inc legitimate?

Memphis Challenge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Challenge Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $106,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,522

For more financial information, click here


Official website here: www.memphischallenge.org

What is the mission statement of Memphis Challenge Inc?

Memphis Challenge Inc's mission is primarily focused on identifying and supporting gifted high school students of color in Memphis. The organization aims to connect these talented individuals with top-tier colleges and universities, providing them with scholarship opportunities. By doing so, Memphis Challenge Inc seeks to ensure that these students bring their education, expertise, and connections back to their community upon graduation.

The organization offers a program called Jr. Memphis Challenge and Memphis Challenge, which provides underrepresented high-achieving students with opportunities to develop essential skills for college and beyond. These workshops, offered to students in 9th to 12th grade from various schools, aim to build a foundation of success, instill confidence, and motivate students to excel.

As a result of these programs, Memphis Challenge Inc has produced over 500 alumni who now serve their community in various capacities, including as attorneys, educators, physicians, directors, executives, and entrepreneurs. This indicates that the organization's mission is effectively empowering its students to contribute positively to society after their college education.


Official website here: www.memphischallenge.org

Who is the CEO of Memphis Challenge Inc?

Cassandra Webster is the Executive Director of Memphis Challenge Inc.


Official website here: www.memphischallenge.org

What is the revenue of Memphis Challenge Inc?

Memphis Challenge Inc's revenue in 2022 was $312,432.


Official website here: www.memphischallenge.org

Who are the executives of Memphis Challenge Inc and what are their salaries?

The average compensation at Memphis Challenge Inc during 2022 was $40,150. There are 6 employees at Memphis Challenge Inc.


Here are 16 key members and their salaries:


Dr Esmond Arrindell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Sumner-Winter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corie Rivers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jr Hyde Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Otis Anderson Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Pleas Iiii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Bright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Xiangen Hu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Richey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna T Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rychetta Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lani D Lester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan J Barringer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabrielle Dycus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Webster (Executive Director)
  • Compensation: $106,378
  • Related: $0
  • Other: $0


Official website here: www.memphischallenge.org

Where can I find the form 990 for Memphis Challenge Inc?

Memphis Challenge Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.memphischallenge.org

Learn more at the official website: www.memphischallenge.org

Mission Statement of Memphis Challenge Inc

Memphis Challenge, a nonprofit organization, has a mission to connect gifted high school students of color from Memphis with top-tier colleges and universities, offering them scholarship opportunities. The ultimate goal of Memphis Challenge is to ensure that the region's most talented minority students return to their community after their education, bringing their knowledge, expertise, and connections back with them.

To achieve this mission, Memphis Challenge runs the Jr. Memphis and Memphis Challenge programs. These programs offer underrepresented, high-achieving students of color the chance to develop essential personal and professional skills that will support them throughout their college journey and beyond. Monthly workshops are provided for 9th, 10th, 11th, and 12th grade students from county, charter, and private schools. These workshops build a foundation of success and instill self-confidence and motivation in the students, preparing them for their academic and professional futures. Memphis Challenge has nurtured over 500 alumni who now serve the community in various capacities, such as lawyers, educators, doctors, directors, executives, and entrepreneurs.

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Impact




October, 2024

Memphis Challenge Inc significantly impacts the community by providing gifted, under-represented high school students of color with critical opportunities to access top-tier colleges and universities. By facilitating scholarships and fostering connections to prestigious institutions, the organization empowers these students to envision and pursue a successful future.

The programs offered, such as monthly workshops tailored for ninth through twelfth graders, equip students with essential personal and professional skills. These workshops focus on building self-confidence and instilling motivation, creating a strong foundation for success. The influence of Memphis Challenge extends beyond education; it cultivates future leaders who, as alumni, contribute back to the community as attorneys, educators, physicians, directors, executives, and entrepreneurs.

Currently, with over 500 alumni, Memphis Challenge serves as a vital pipeline for nurturing talent within the region, ensuring that the most capable minority students not only advance their education but also bring their skills and connections back to enrich the Memphis community. Through its comprehensive programs, Memphis Challenge Inc addresses educational disparities and fosters a more inclusive future.




This information is meant to be a general summary of Memphis Challenge Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$312,432 (2022)
Expenses
$343,244 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $3,613
  • Gross Receipts: $312,432

Assets and Liabilities:

  • Total Assets: $175,598
  • Total Liabilities: $1,000
  • Net Assets: $174,598

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$3,613

Organization Details

Founding Year

1989

Principal Officer

Cassandra Webster

Main Address

17 WEST PONTOTOC AVENUE 100, MEMPHIS, TN, 38103

NTEE Category

Code: B80 - Education

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