Redzone Memphis
- Assets
- $8.6m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 2
- Location
- Memphis, TN
- Founding
- 08/2014
- Data as of
- 09/2023
- EIN
- 46-4276210
Organization Overview
Redzone Memphis is located in Memphis, TN. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2023, Redzone Memphis employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redzone Memphis is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Redzone Memphis generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $682.1k during the year ending 09/2023. While expenses have increased by 8.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO SERVE URBAN YOUNG PEOPLE BETWEEN THE AGES OF 9 AND 18 WHO LIVE IN ONE OF MEMPHIS' MOST UNDER-SERVED COMMUNITIES. THE ORGANIZATION FOCUSES ON THE GENERAL NEEDS FACING AT-RISK CHILDREN AND YOUTH INCLUDING ACADEMIC AND EDUCATIONAL ENCOURAGEMENT, SOCIAL ENHANCEMENT, ECONOMIC DEVELOPMENT AND OPPORTUNITIES, ADVOCACY, BEHAVIORAL CONCERNS, AND SPIRITUAL GUIDANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL/EXTENDED LEARNING:FACILITATED AFTER SCHOOL ACTIVITIES, PROGRAMMING, AND SUPPORT TO HIGH SCHOOL STUDENTS ENROLLED IN THE PROGRAM. DAILY PROGRAMMING WAS OFFERED, MONDAY THROUGH FRIDAY, TO PARTICIPANTS THROUGHOUT THE SCHOOL YEAR PROVIDING A SAFE PLACE FOR STUDENTS TO COME FROM 2:15 TO 6:00 PM. OUR PRIMARY EMPHASIS WAS ON HOMEWORK HELP, GRADE RECOVERY, AND CURRICULUM (CLASS WORK) AS SUBSCRIBED BY TEACHERS, THOUGH OUR GENERAL FOCUS WAS ON SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH. WE WORKED WITH THE SCHOOL TO SUPPORT STUDENTS WITH ACT PREPARATION AND GRADUATION REQUIREMENTS. ALL OUR PROGRAMMING IS AT NO COST TO THE STUDENTS WHO PARTICIPATE AND IS OPEN TO EVERY STUDENT WHO LIVES IN THE COMMUNITY.
CONTRIBUTION OF LAND AND CONSTRUCTION IN PROGRESS TO SKYVIEW UNLIMITED, INC.
OUTREACH ACTIVITIES:THIS DAILY PROGRAM FOCUSED ON ACADEMIC ENRICHMENT. HIGH SCHOOL STUDENTS AND ELEMENTARY STUDENTS PARTICIPATED EACH DAY. EACH STUDENT RECEIVED A SNACK AND ACADEMIC SUPPLIES AT NO COST TO THE STUDENT.
SUMMER ACTIVITIES:OUR SUMMER EXPERIENCES WERE "CITY-FOCUSED". WE PLANNED A SUMMER OF CITY FUN FOR THOSE STUDENTS WHO CHOSE TO PARTICIPATE IN OUR SUMMER ACTIVITIES. OUR ACTIVITIES CONSISTED OF PLANNED ACTIVITIES AND EVENTS THAT EXPOSED STUDENTS TO DIFFERENT ASPECTS OF THE CITY, INCLUDING THE ARTS, CULTURE, AND GOVERNMENT. WE UTILIZED VOLUNTEERS TO ESTABLISH AND FACILITATE ACTIVITIES LIKE VACATION BIBLE SCHOOLS, OUTINGS AT PUBLIC PARKS, AND HOSTED DIFFERENT TRAININGS DESIGNED TO ENCOURAGE STUDENTS IN THE AREAS OF FINANCIAL AND ECONOMIC LITERACY. ALL PROGRAM OFFERED WERE AT NO COST TO THE PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Eddings Executive Director | Officer | 40 | $120,000 |
Melody Freeman Board Member | Trustee | 2 | $0 |
Reginald Lester Board Member | Trustee | 2 | $0 |
Cindy Ogden Board Member | Trustee | 2 | $0 |
Abbay Milnor Board Member | Trustee | 2 | $0 |
Terrence Brown Board Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,000 |
| Government grants | $11,451 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,531,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,553,124 |
| Total Program Service Revenue | $0 |
| Investment income | $13,815 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,566,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $279,336 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $234,390 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,272 |
| Advertising and promotion | $269 |
| Office expenses | $15,213 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,719 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,635 |
| All other expenses | $0 |
| Total functional expenses | $682,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $366,405 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,343 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,113,986 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $554,160 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,601,700 |
| Total assets | $8,643,594 |
| Accounts payable and accrued expenses | $90,405 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $90,405 |
| Net assets without donor restrictions | $8,553,189 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,643,594 |