NonprofitsVerified Solutions

Education

Verified Solutions

MEMPHIS, TN

Total revenue

$10.0M

Total expenses

$9.3M

Net assets

$5.5M

Grants received

$66K

4 grants

EIN

812796759

Tax year

2023

Mission

We are a school management organization over memphis scholars, a network of three public charter schools that also provides contracted support services to otherpublic schools, public charter schools, and educational entities. Ourmission is to provide product-driven solutions that help schoolsoperate more efficiently so that they can prioritize the core work ofeducating students. These solutions are based on best pratices and pastsuccessful performance.

Financials

FY 2023

Revenue

Contributions & grants$9.5M
Program service revenue$519K
Investment income
Other revenue$2K
Total revenue$10.0M

Expenses

Grants paid
Salaries & benefits$4.9M
Fundraising
Other expenses$4.4M
Total expenses$9.3M
Total assets$6.6M
Net assets$5.5M

People

6 listed

NameRoleCompensation

ANGELA GOODIN

CHIEF OPERATING OFFICER

Board

$171K

40 hrs/wk

JAMES DENNIS

CHIEF STRATEGY OFFICER, CH

Board

$164K

40 hrs/wk

JANAI DOUGLAS

EXECUTIVE DIRECTOR

Board

$155K

40 hrs/wk

PRISCILLA EVERHART

BOARD MEMBER

Board

1 hrs/wk

NICHOLAS HAYES

BOARD MEMBER

Board

1 hrs/wk

NICHOLAS PATTERSON

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

EXECUTIVE FORCE SECURITY

SECURITY

$134K

VERIFIED SOLUTIONS

EDUCATION MANAGEMENT

$115K

WCI MANAGEMENT SERVICES

CHILD HEALTHCARE

$108K

STELLAR THERAPY SERVICES

THERAPIST STAFFING

$106K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$10K
EDUCATIONAL SUPPORT
2024
$13K
EDUCATIONAL SUPPORT
2023
$13K
EDUCATIONAL SUPPORT
2023
$30K
GENERAL OPERATIONAL SUPPORT
2021

Funded by

$66K from 2 funders · 4 grants · 2021–2024

Memphis Education Fund Inc

$36K · 3 grants · 2023–2024

Community Foundation

$30K · 1 grant · 2021

Details

EIN812796759
NTEE codeB29
Subsection03
Ruling date2016-08
Formed2016
Employees62
Volunteers20
VERIFIED SOLUTIONS — Mission, Financials & Grants Received | Grantivo