Life Choices Of Memphis Inc
- Assets
- $1.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Memphis, TN
- Founding
- 06/1987
- Data as of
- 06/2022
- EIN
- 62-1281799
Organization Overview
Life Choices Of Memphis Inc is located in Memphis, TN. The organization was established in 1987. According to its NTEE Classification (E40) the organization is classified as: Reproductive Health Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Life Choices Of Memphis Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Choices Of Memphis Inc 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 06/2022, Life Choices Of Memphis Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING A NON-JUDGMENTAL, CHRIST-LIKE ENVIRONMENT DESIGNED TO EDUCATE AND EMPOWER WOMEN TO CHOOSE AND CHERISH LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION AND LIFE-AFFIRMING DECISIONS (SEE ATTACHED STATEMENT)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Schroeder CFO | Officer | 40 | $67,960 |
Steve Coplon CEO | Officer | 40 | $56,965 |
Peter Winterburn Chairman | OfficerTrustee | 1 | $0 |
Kimberly Harris Director | Trustee | 1 | $0 |
Marla Northcut Secretary | Trustee | 1 | $0 |
Karen Mcneil Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $501,962 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,154,549 |
| Noncash contributions included in lines 1a–1f | $7,602 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,656,511 |
| Total Program Service Revenue | $96,285 |
| Investment income | $4,095 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $400 |
| Net Income from Fundraising Events | -$56,276 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,701,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $164,952 |
| Compensation of current officers, directors, key employees. | $14,846 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $721,121 |
| Pension plan accruals and contributions | $20,917 |
| Other employee benefits | $96,484 |
| Payroll taxes | $72,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,440 |
| Fees for services: Accounting | $14,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,799 |
| Advertising and promotion | $69,166 |
| Office expenses | $37,170 |
| Information technology | $6,673 |
| Royalties | $0 |
| Occupancy | $77,460 |
| Travel | $5,131 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,361 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,436 |
| Insurance | $25,037 |
| All other expenses | $18,600 |
| Total functional expenses | $1,526,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,112 |
| Savings and temporary cash investments | $1,098,348 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,100 |
| 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 | $39,347 |
| Net Land, buildings, and equipment | $508,922 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,035 |
| Total assets | $1,777,864 |
| Accounts payable and accrued expenses | $40,618 |
| 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 | $91,825 |
| Total liabilities | $132,443 |
| Net assets without donor restrictions | $1,473,806 |
| Net assets with donor restrictions | $171,615 |
| 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 | $1,777,864 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Life Choices Of Memphis Inc has recieved totaling $266,304.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $140,550 |
John Dustin Buckman Charitable Trust Memphis, TN PURPOSE: BENEFIT CHILDREN | $60,000 |
Wiseheart Foundation Memphis, TN PURPOSE: GENERAL SUPPORT | $45,850 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $14,000 |
Knapp Foundation Inc Bartlett, TN PURPOSE: GENERAL/OPERATING | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $904 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
National Black Womens Health Project Inc Atlanta, GA | $16,123,584 | $12,513,831 |
Memphis Center For Reproductive Memphis, TN | $6,355,954 | $4,650,545 |
Care For Aids Inc Atlanta, GA | $3,012,964 | $5,467,316 |
Womens Birth & Wellness Center Inc Chapel Hill, NC | $2,686,952 | $4,333,742 |
Jacaranda Health Durham, NC | $6,496,873 | $7,607,376 |
Feminist Womens Health Center Inc Atlanta, GA | $2,939,107 | $3,929,658 |
Thrive St Louis Inc St Louis, MO | $2,959,065 | $3,905,192 |
Mississippi Foundation For Medical Care Inc Ridgeland, MS | $2,229,438 | $2,132,964 |
Gift Of Life Foundation Montgomery, AL | $1,503,780 | $2,226,976 |
Atlanta Birth Center Inc Atlanta, GA | $812,209 | $2,653,137 |
Crisis Pregnancy Center Of Tidewater Inc Chesapeake, VA | $3,244,398 | $2,920,508 |