Overview
What is Memphis Lift Parent Institute?
The Memphis Lift Parent Institute, located at 1637 Britton St, Memphis, TN 38108, is a nonprofit organization dedicated to empowering parents in the city. Annually, they provide education and resources to 100 parents through a 10-week course, which becomes increasingly engaging and comprehensive with each cohort. The institute's mission is to foster widespread demand for high-quality schools and promote radical changes in public education to disrupt systematic educational inequality. They achieve this goal by fostering healthy competition and promoting educational choice. The institute's workforce consists of 11 individuals.
Official website here: www.memphislift.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Memphis Lift Parent Institute has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of performance in terms of accountability and finance. The organization has demonstrated strong governance with a fully independent board, and it has scored well in multiple areas, including material diversion of assets, conflict of interest policies, and financial ratios, which reflect responsible management of resources.
The nonprofit's financial health is highlighted by a liability-to-assets ratio of 0.00%, suggesting that it has no significant debts, and a robust working capital ratio of 5.31 years, indicating a solid financial buffer. Additionally, the organization maintains transparency through documented board meeting minutes and proper distribution of financial documents to board members prior to filing.
While the overall rating is positive, potential supporters or stakeholders may wish to explore specific program outcomes and long-term impacts of the organization, as these aspects were not detailed in the financial assessment. Overall, Memphis Lift Parent Institute seems to be responsibly managed and committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Memphis Lift Parent Institute?
86% of 20 reviewers on Facebook recommend Memphis Lift Parent Institute. Here’s what they are saying:
Many users express a strong enthusiasm for the initiative, highlighting a deep sense of empowerment derived from the knowledge shared by the organization. The positivity reflects an engaged community ready to support the mission, with some users clearly feeling inspired and motivated by the resources provided.
Overall, the sentiments indicate a satisfactory experience among participants, with Memphis Lift Parent Institute managing to create a meaningful impact in the lives of those involved. The emphasis on empowerment and knowledge resonates well, suggesting that the nonprofit is effectively delivering on its promises to its users.
This AI summary has been generated from reviews found on Facebook.
Is Memphis Lift Parent Institute legitimate?
Memphis Lift Parent Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Lift Parent Institute 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: $122,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,502
For more financial information, click here
Official website here: www.memphislift.org
What is the mission statement of Memphis Lift Parent Institute?
The Memphis Lift Parent Institute aims to foster widespread demand for high-quality schools and significant reforms in public education. Their mission is to disrupt systematic educational inequality by promoting choice and healthy competition within the education system. Through their Public Advocate Fellowship, they annually equip 100 parents from various parts of the city with the necessary education and tools to actively participate in local discussions about education, contributing to the public conversation about education in Memphis. The course, spanning over 10 weeks, becomes more engaging and comprehensive with each cohort.
Official website here: www.memphislift.org
Who is the CEO of Memphis Lift Parent Institute?
Sarah Carpenter is the Executive Di of Memphis Lift Parent Institute.
Official website here: www.memphislift.org
What is the revenue of Memphis Lift Parent Institute?
Memphis Lift Parent Institute's revenue in 2022 was $2,251,307.
Official website here: www.memphislift.org
Who are the executives of Memphis Lift Parent Institute and what are their salaries?
The average compensation at Memphis Lift Parent Institute during 2022 was $40,591. There are 11 employees and 10 volunteers at Memphis Lift Parent Institute.
Here are 7 key members and their salaries:
- Compensation: $122,000
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- Other: $0
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- Other: $0
Official website here: www.memphislift.org
Where can I find the form 990 for Memphis Lift Parent Institute?
Memphis Lift Parent Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memphislift.org
Learn more at the official website: www.memphislift.org
Mission Statement of Memphis Lift Parent Institute
The Memphis Lift Parent Institute is committed to fostering widespread demand for high-quality schools and instigating radical changes in public education to dismantle systemic educational inequality. This is achieved through the promotion of choice and healthy competition. The organization's mission is to equip 100 parents annually, hailing from various parts of the city, with the necessary education and tools to become active and influential participants in the public discourse surrounding education in Memphis. The program, lasting ten weeks, progressively becomes more engaging and comprehensive with each cohort, empowering parents to contribute to the betterment of the city's educational system.
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Impact
July, 2024
Memphis Lift Parent Institute's impact lies in empowering parents with the education and tools to actively engage in shaping the public conversation about education in Memphis. Through their Public Advocate Fellowship, they equip 100 parents annually from various parts of the city to advocate for high-quality schools and drive radical changes in the public education system. By building widespread demand for educational excellence and promoting healthy competition, Memphis Lift is working to disrupt systematic educational inequality in the region.
This information is meant to be a general summary of Memphis Lift Parent Institute. 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.
- Gross Receipts: $2,251,307
Assets and Liabilities:
- Total Assets: $3,252,635
- Total Liabilities: $0
- Net Assets: $3,252,635
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Organization Details
Founding Year
2017
Principal Officer
Sarah Carpenter
Main Address
1637 BRITTON ST, MEMPHIS, TN, 381081309
Website
www.memphislift.orgNTEE Category
Code: B01 - Education
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