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Advance Memphis

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

EIN: 621778254 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Advance Memphis?

Advance Memphis is a nonprofit organization situated in Memphis, Tennessee, specifically at 769 Vance Avenue, 38126. Their primary mission is to empower adults residing in South Memphis, aiding them in overcoming cycles of unemployment and establishing financial stability. They achieve this by providing knowledge, resources, and skills to these individuals, ultimately restoring their dignity. One of their key programs is a 6-week soft skills job training class, which assists participants in preparing for, finding, obtaining, and maintaining meaningful employment. Additionally, they offer a financial management curriculum and a computer literacy course. With a workforce of 122 employees, Advance Memphis aims to uplift their community by fostering self-sufficiency and improving livelihoods.


Official website here: www.advancememphis.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 92% (Four-Star out of Four Star rating)

Advance Memphis is recognized for its strong accountability and finance practices, reflected in its impressive 92% score from Charity Navigator. The organization has a fully independent board and demonstrates solid financial oversight, with no material diversion of assets reported. While the lack of a whistleblower and document retention policy is noted as a limitation, the charity excels in program expenses and fundraising efficiency, indicating robust financial health and prudent resource management.

User reviews consistently highlight the impactful work of Advance Memphis in the community. Many volunteers and clients praise the organization for its commitment to personal relationships and holistic support, which include job training, financial literacy programs, and community engagement. Reviewers express how the staff's dedication and the programs' effectiveness have transformed lives, particularly for individuals facing poverty and employment barriers.

Despite the overwhelmingly positive feedback, some critiques regarding missing policies suggest potential areas for growth. Nonetheless, the dedication to serving the community and fostering long-term relationships is evident, making Advance Memphis a valuable resource for those in need and a beacon of hope within the Memphis community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Advance Memphis?

100% of 33 reviewers on Facebook recommend this charity. Here is a summary of their reviews:

Advance Memphis is highly regarded for its commitment to empowering individuals in the community. Reviewers appreciate the organization's focus on helping people who are motivated to improve their circumstances. Many highlight the supportive environment and the resources made available to those seeking to make positive changes in their lives.

Overall, the sentiment towards Advance Memphis is overwhelmingly positive. Supporters admire the nonprofit's dedication to fostering self-sufficiency and transforming lives through its programs and services. This unwavering endorsement reflects the impactful work being done by the organization in the community.


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

Is Advance Memphis legitimate?

Advance Memphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advance Memphis 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: $121,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,182,858

For more financial information, click here


Official website here: www.advancememphis.org

What is the mission statement of Advance Memphis?

Advance Memphis, as an organization, is dedicated to empowering adults in various circumstances to break cycles of unemployment, establish financial stability, reconcile relationships, and restore dignity. This is achieved through providing knowledge, resources, and skills, all underpinned by the power of Jesus Christ.

The mission is carried out through a 6-week soft skills job training program. This initiative assists participants in preparing for, searching for, obtaining, and maintaining meaningful employment. In 2022, the program helped 95 individuals secure jobs within their community.

The program also includes a financial management curriculum and a computer literacy course, aiming to equip individuals with the necessary skills to manage their finances effectively and navigate the digital world.


Official website here: www.advancememphis.org

Who is the CEO of Advance Memphis?

Stephen T Nash is the Director of Advance Memphis.


Official website here: www.advancememphis.org

What is the revenue of Advance Memphis?

Advance Memphis's revenue in 2022 was $2,864,991.


Official website here: www.advancememphis.org

Who are the executives of Advance Memphis and what are their salaries?

The average compensation at Advance Memphis during 2022 was $10,694. There are 122 employees and 66 volunteers at Advance Memphis.


Here are 9 key members and their salaries:


Andrea Echols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vonesha Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Krebs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Acosta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Scull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Butler (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Nash (Executive Director)
  • Compensation: $121,862
  • Related: $0
  • Other: $0


Official website here: www.advancememphis.org

Where can I find the form 990 for Advance Memphis?

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


Official website here: www.advancememphis.org

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

Mission Statement of Advance Memphis

Advance Memphis, a nonprofit organization, is dedicated to empowering adults in South Memphis. Their mission is to break the cycles of unemployment, establish economic stability, reconcile relationships, and restore dignity in these individuals' lives. They achieve this by providing knowledge, resources, and skills to the community, all fueled by the power of Jesus Christ.

In practical terms, Advance Memphis offers a 6-week soft skills job training class. This program equips participants with the necessary tools to prepare for, search for, obtain, and maintain meaningful employment in their community. In 2022, 95 individuals found jobs thanks to this initiative. Furthermore, the program incorporates a financial management curriculum and a computer literacy course, equipping participants with essential life skills.

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Impact




July, 2024

Advance Memphis has had a significant impact on the community by empowering adults in South Memphis to break cycles of unemployment, establish economic stability, reconcile relationships, and restore dignity. Through their Work Life program, which includes a 6-week soft skills job training class, financial management curriculum, and computer literacy course, they have helped 95 people find jobs in the community in 2022 alone. This organization's focus on providing knowledge, resources, and skills, guided by the power of Jesus Christ, has made a positive difference in the lives of individuals in Memphis, TN.




This information is meant to be a general summary of Advance Memphis. 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
$2,864,991 (2022)
Expenses
$2,366,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,470
  • Program Service Revenue: $925,896
  • Gross Receipts: $2,865,818

Assets and Liabilities:

  • Total Assets: $2,989,548
  • Total Liabilities: $114,974
  • Net Assets: $2,874,574

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Programs

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

OUTSOURCING PROGRAM

Revenue

$507,119

STAFFING REVENUE

Revenue

$418,777

Organization Details

Founding Year

1999

Principal Officer

Stephen T Nash

Main Address

769 VANCE AVENUE, MEMPHIS, TN, 38126

NTEE Category

Code: B822 - Education

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