Historic Clayborn Temple
- Assets
- $8.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 2
- Location
- Memphis, TN
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-2421711
Organization Overview
Historic Clayborn Temple is located in Memphis, TN. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Historic Clayborn Temple employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Clayborn Temple 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 12/2023, Historic Clayborn Temple generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $935.8k during the year ending 12/2023. 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 HISTORIC CLAYBORN TEMPLE BUILDS AND SUSTAINS THE COMMUNITY THROUGH ITS PROGRAMS, OUTREACH, AND COMMUNITY ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HISTORIC CLAYBORN TEMPLE BUILDS AND SUSTAINS THE COMMUNITY THROUGH ITS PROGRAMS, OUTREACH, AND COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anasa Troutman Executive Director | Officer | 40 | $150,000 |
Brooke Sarden Managing Director | Officer | 40 | $90,000 |
Ed Whitfield President | Trustee | 2 | $0 |
Konda Mason Treasurer | Trustee | 2 | $0 |
Katie Harris Board Member | Trustee | 2 | $0 |
Tamika Turner Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,225,161 |
| All other contributions, gifts, grants, and similar amounts not included above | $417,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,642,940 |
| Total Program Service Revenue | $0 |
| Investment income | $15,858 |
| 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 | $1,710,227 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,063 |
| Payroll taxes | $31,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,453 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,029 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,739 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,645 |
| Interest | $134,555 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,286 |
| Insurance | $29,504 |
| All other expenses | $594,218 |
| Total functional expenses | $935,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $720,478 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $330 |
| 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 | $683,487 |
| Net Land, buildings, and equipment | $7,369,829 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,774,124 |
| Accounts payable and accrued expenses | $650,861 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| 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 | $1,833,078 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,493,939 |
| Net assets without donor restrictions | $5,015,561 |
| Net assets with donor restrictions | $1,264,624 |
| 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 | $8,774,124 |