Metropolitan Inter-Faith Assoc
- Assets
- $27.2m
- Revenue
- $16.4m
- Investments
- $14.5m
- Employees
- 118
- Location
- Memphis, TN
- Founding
- 05/1969
- Data as of
- 06/2020
- EIN
- 62-0803601
Organization Overview
Metropolitan Inter-Faith Assoc is located in Memphis, TN. The organization was established in 1969. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Metropolitan Inter-Faith Assoc employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Inter-Faith Assoc 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 06/2020, Metropolitan Inter-Faith Assoc generated $16.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $10.9m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MIFA SUPPORTS THE INDEPENDENCE OF VULNERABLE SENIORS AND FAMILIES IN CRISIS THROUGH THE HIGH-IMPACT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY 2021 MIFA'S THREE SENIOR PROGRAMS PROMOTED INDEPENDENCE, HEALTH, COMPANIONSHIP, AND DIGNITY THROUGH THESE SERVICES: - MEALS ON WHEELS (SERVED 533,437 MEALS TO 3,278 SENIORS; OF THOSE CLIENTS, 1,829 RECEIVED HOME-DELIVERED MEALS AND 1,449 WERE SERVED AT CONGREGATE SITES. SURVEYED 92.58% BELIEVE THE ROGRAM HELPS THEM FEEL BETTER, AND 87.89% BELIEVE THE PROGRAM HELPS THEM CONTINUE LIVING IN THEIR OWN HOMES. - SENIOR COMPANION PROGRAM (47 COMPANIONS COMPLETED 66,123 SERVICES HOURS WHILE SERVING 78 CLIENTS. FY 21 IS THE PROGRAM'S LAST YEAR AT MIFA;- LONG-TERM CARE OMBUDSMAN (TWO STAFF MEMBERS AND 36 VOLUTEERS COMPLETED 434 VOLUNTEER HOURS WHILE PROVIDING ADVOCACY FOR THE CARE AND DIGNITY OF 6,092 SENIORS LIVING IN LOCAL FACILITIES.
MIFA 'S FIVE FAMILY PROGRAMS PROVIDED BASIC SERVICES TO PREVENT HOMELESSNESS, STABILIZE FAMILIES , AND ENCOURAGE INDEPENDENCE. MIFA OFFERS A SPECTRUM OF PERSONALIZED INTERVENTIONS DESIGNED TO ADDRESS THE VULNERABILITIES THAT COULD LEAD AN INDIVIDUAL OR FAMILY TO HOMELESSNESS. - OF THE 10,499 UNDUPLICATED HOUSEHOLDS THAT REQUESTED EMERGENCY SERVICES ASSISTANCE, 4,138 (REPRESENTING 4,770 ADULTS AND 5,630 CHILDREN) RECEIVED UTILITY, RENT, OR MORTGAGE ASSISTANCE.- OF THE 6,194 UNDUPLICATED HOUSEHOLDS THAT REQUESTED COUNCIL EMERGENCY RELIEF PROGRAM (CERP) ASSISTANCE, 2,595 (REPRESENTING 4,135 ADULTS AND 4,489 CHILDREN) RECEIVED UTILITY, RENT, OR MORTGAGE ASSISTANCE. MIFA WAS SELECTED BY MEMPHIS CITY COUNCIL TO ADMINISTER $3.5 MILLION IN CARES ACT FUNDING THROUGH THIS PROGRAM, WHICH RAN FROM SEPTEMBER TO DECEMBER 2020. FUNDING WAS AVAILABLE TO CITY OF MEMPHIS RESIDENTS WITH A DOCUMENTED INCOME LOSS RELATED TO THE PANDEMIC. - EMERGENCY SHELTER PLACEMENT SCREENED 1,430 UNDUPLICATED FAMILIES FOR SERVICE AND REFERRED 287REPRESENTING 312 ADULTS AND 735 CHILDRENTO SHELTERS AND 330 TO RAPID REHOUSING.- THE RAPID REHOUSING PROGRAM CONNECTED 91 FAMILIES REPRESENTING 100 ADULTS AND 161 CHILDREN WITH PERMANENT, STABLE HOUSING.- THE 24-HOUR HOTLINE FOR HOMELESS FAMILIES SCREENED 6,406 CALLS FROM AN ESTIMATED 4,257 CALLERS REPRESENTING 5,885 ADULTS AND 4,092 CHILDREN.
COMMUNITY SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Heinz President/ceo | Officer | 40 | $138,474 |
Cecil Mcgee CFO | Officer | 40 | $109,401 |
Arnetta Macklin VP | Officer | 40 | $92,756 |
Vanessa Frazier-Burgess VP | Officer | 40 | $91,057 |
Gayla C Snyder VP | Officer | 40 | $87,050 |
Anna Word Cdo | Officer | 40 | $41,461 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elior Inc Food Vendor | 6/29/21 | $1,669,102 |
Eas Graceland Llc Hotel/ Motel Vendor | 6/29/21 | $242,215 |
Randstad Staffing Service Staffing Agency | 6/29/21 | $379,881 |
Mid South Best Rentals Inc Client Assistance Vendor | 6/29/21 | $150,650 |
Air Technical Services Hvac Vendor | 6/29/21 | $109,679 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,659,949 |
| Investment income | $34,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,400 |
| Net Income from Fundraising Events | -$36,995 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,405,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,202,117 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $579,092 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,121,605 |
| Pension plan accruals and contributions | $27,303 |
| Other employee benefits | $278,731 |
| Payroll taxes | $268,382 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69 |
| Fees for services: Other | $421,639 |
| Advertising and promotion | $9,986 |
| Office expenses | $277,163 |
| Information technology | $118,607 |
| Royalties | $0 |
| Occupancy | $266,646 |
| Travel | $119,305 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,245 |
| Interest | $4,860 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $228,691 |
| Insurance | $114,179 |
| All other expenses | $0 |
| Total functional expenses | $10,864,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,972,132 |
| Savings and temporary cash investments | $7,803,626 |
| Pledges and grants receivable | $1,166,191 |
| Accounts receivable, net | $60,512 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,729 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,534,971 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,168,468 |
| Accounts payable and accrued expenses | $494,556 |
| Grants payable | $0 |
| Deferred revenue | $1,219,900 |
| 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 | $779,536 |
| Other liabilities | $0 |
| Total liabilities | $2,493,992 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $24,674,476 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Metropolitan Inter-Faith Assoc has recieved totaling $77,500.
| Awarding Organization | Amount |
|---|---|
Charles H Boyle Fon Inc Memphis, TN PURPOSE: TO FURTHER DONEE'S 501(C)(3) PURPOSES | $75,000 |
American Snuff Charitable Trust 2155000037 Nashville, TN PURPOSE: CHARITABLE DONATIONS | $2,500 |
Endowment Analysis
| Beg. Balance | $13,379,312 |
| Earnings | $5,129,637 |
| Net Contributions | $527,500 |
| Other Expense | $562,770 |
| Ending Balance | $18,473,679 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Ozarks Area Community Action Corporation Springfield, MO | $15,052,637 | $33,091,507 |
Blue Grass Community Action Partnership Inc Frankfort, KY | $7,918,674 | $28,900,392 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Society Of St Vincent De Paul Archdiocesan Council Of St Louis St Louis, MO | $15,064,810 | $27,830,110 |
Alexian Brothers Community Services St Louis, MO | $48,381,445 | $31,662,164 |