Overview
What is Memphis Athletic Ministries Inc?
Memphis Athletic Ministries Inc, based in Memphis, Tennessee, is a nonprofit organization dedicated to supporting at-risk youth between the ages of 8 and 18 residing in underprivileged neighborhoods. With eight youth centers, they serve over 700 youth daily. Their comprehensive programs encompass open recreation, organized sports, academic enrichment, financial literacy, life skills training, and spiritual guidance. The intention is to address the physical, mental, emotional, social, and spiritual development needs of the youth. Their approach involves a three-step strategy: attracting participation through organized sports, creating a nurturing environment through small mentoring groups, and providing comprehensive programs. Their efforts have shown positive results, with 98% of active participants and 95% of parents reporting a positive difference in the youth due to their involvement. Memphis Athletic Ministries also partners with churches, schools, and other organizations to offer community-wide sports leagues, reaching over 8,000 participants. Their mission is to coach, grow, and lead the youth of Memphis, helping them discover their identity in Christ and their purpose in the community, aiming to see identity found, hope restored, and lives changed.
Official website here: www.mamsports.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Memphis Athletic Ministries Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial health. With a score of 97%, the organization demonstrates strong fiscal responsibility and governance practices, which are crucial indicators for potential donors. The high score signifies that the organization effectively manages its resources, ensuring that a significant portion of its funds is directed toward its programs.
The organization boasts a fully independent board, with all members meeting the independence criteria. It has implemented comprehensive policies for oversight and accountability, including conflict of interest and whistleblower policies. Additionally, it has maintained excellent financial practices, with a program expense ratio of 76.91%, indicating that the vast majority of its expenditures are utilized for mission-related activities.
Despite these strengths, it is important for potential donors to remain aware of the organization's financial ratios and their implications. For instance, while its working capital ratio is close to one year, a slightly lower ratio might suggest limited liquidity. Overall, Memphis Athletic Ministries Inc is positioned strongly within the nonprofit sector, making it a trustworthy option for those looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Memphis Athletic Ministries Inc?
100% of 30 reviewers on Facebook recommend Memphis Athletic Ministries Inc. Here is a summary of their reviews:
The overwhelming sentiment reflects a strong appreciation for the organization's mission and impact within the community. Reviewers express positive feelings about the nonprofit’s commitment to serving the youth through athletic programs and mentoring. Many highlight the role of faith and community engagement in its approach, with messages of gratitude and support for the services being offered.
Overall, the consensus indicates that Memphis Athletic Ministries Inc. effectively delivers on its promises to inspire and support the youth, reflecting both satisfaction and trust from those who have experienced its programs.
This AI summary has been generated from reviews found on Facebook.
Is Memphis Athletic Ministries Inc legitimate?
Memphis Athletic Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Athletic Ministries 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: $218,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,592,433
For more financial information, click here
Official website here: www.mamsports.org
What is the mission statement of Memphis Athletic Ministries Inc?
Memphis Athletic Ministries Inc., an organization established in 1998, is committed to assisting youth in discovering their identity in Christ and finding their purpose within the community. Their mission is to coach, guide, and lead young individuals, primarily aged 8 to 18, from underprivileged neighborhoods. Through year-round mentoring, they offer programs that address the physical, mental, emotional, social, and spiritual needs of the youth, including organized sports, academic enrichment, financial literacy, and spiritual training. Memphis Athletic Ministries implements a three-step strategy to teach the youth to love themselves, others, and God, utilizing organized sports, small mentoring groups, and comprehensive programs. The organization has reported positive impacts on the youth, with 98% of active participants and 95% of their parents noting a positive change as a result of participation in Memphis Athletic Ministries' programs. Additionally, they partner with various community organizations to offer sports leagues, promoting community involvement and bridging cultural and socio-economic gaps to over 8,000 participants annually.
Official website here: www.mamsports.org
Who is the CEO of Memphis Athletic Ministries Inc?
Jonathan Torres is the Treasurer of Memphis Athletic Ministries Inc.
Official website here: www.mamsports.org
What is the revenue of Memphis Athletic Ministries Inc?
Memphis Athletic Ministries Inc's revenue in 2022 was $4,490,232.
Official website here: www.mamsports.org
Who are the executives of Memphis Athletic Ministries Inc and what are their salaries?
The average compensation at Memphis Athletic Ministries Inc during 2022 was $16,764. There are 108 employees and 200 volunteers at Memphis Athletic Ministries Inc.
Here are 10 key members and their salaries:
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- Compensation: $81,212
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- Compensation: $113,684
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- Other: $19,466
Official website here: www.mamsports.org
Where can I find the form 990 for Memphis Athletic Ministries Inc?
Memphis Athletic Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mamsports.org
Learn more at the official website: www.mamsports.org
Mission Statement of Memphis Athletic Ministries Inc
Memphis Athletic Ministries, Inc. (MAM) is an organization dedicated to coaching, growing, and leading the youth of Memphis. Their mission is to aid these young individuals in discovering their identity in Christ and finding their purpose within their community. MAM's vision is to see hope restored and lives transformed, as a result of this self-discovery process.
Established in 1998, Memphis Athletic Ministries has been actively involved in mentoring at-risk youth aged 8 to 18 from underprivileged neighborhoods. The organization operates eight youth centers, serving over 700 youth daily. MAM's programs, which include open recreation, organized team sports, academic enrichment, financial literacy, life skills training, and spiritual guidance, cater to the physical, mental, emotional, social, and spiritual development needs of the youth they serve.
MAM employs a three-step strategy to instill love for God, others, and oneself in the youth. First, they attract participation through organized sports. Second, they create a nurturing environment through small mentoring groups. Lastly, they provide comprehensive programs to ensure holistic development. The results of MAM's programs have been promising, as reported by 98% of active participants and 95% of participants' parents, who have noticed positive changes in the youth.
In addition to their individual programs, Memphis Athletic Ministries also partners with churches, schools, and community organizations to offer community-wide sports leagues. These leagues promote community involvement and help bridge geographic, cultural, and socio-economic differences, engaging over 8,000 participants annually.
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Impact
July, 2024
Memphis Athletic Ministries Inc's impact is significant in the community, with a primary focus on coaching, growing, and leading the youth of Memphis. By providing year-round mentoring to at-risk youth in under-resourced neighborhoods through various programs such as open recreation, organized team sports, academic enrichment, financial literacy, life skills, and spiritual training, MAM addresses the holistic development needs of over 700 youth daily.
Through its three-step strategy of attracting participation through organized sports, creating nurturing environments through small mentoring groups, and offering comprehensive programs, MAM has documented positive results. 98% of active participants and 95% of participants' parents reported a positive difference in the youth as a result of participating in MAM's programs. Additionally, MAM collaborates with churches, schools, and other organizations to offer community-wide sports leagues, involving over 8,000 participants and promoting community involvement while bridging geographic, cultural, and socio-economic differences.
Overall, Memphis Athletic Ministries Inc's impact can be seen in the positive changes it brings to the lives of the youth it serves, helping them discover their identity in Christ, fostering hope, and transforming lives in the community.
This information is meant to be a general summary of Memphis Athletic Ministries 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $367,305
- Gross Receipts: $4,490,232
Assets and Liabilities:
- Total Assets: $2,243,531
- Total Liabilities: $255,102
- Net Assets: $1,988,429
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM PARTICIPATION FEE
Revenue
$367,305
Organization Details
Founding Year
1998
Phone
(901) 729-2931Principal Officer
Jonathan Torres
Main Address
2400 POPLAR AVE 318, MEMPHIS, TN, 381123211
Website
www.mamsports.orgNTEE Category
Code: X21 - Religion related
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