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Nonprofit · EIN 62-1510796

KARAMU NUTRITION PROGRAM

Tax-exempt · MEMPHIS, TN 38112

Financials

$7.9M$7.9M2022$8.6M$8.6M2023$10M$9.9M2024
Revenue Expenses · by fiscal year end
Financials of KARAMU NUTRITION PROGRAM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$10,013,611$9,943,525$70,086$1,309,761$931,654$378,107
September 30, 2024990$8,590,273$8,601,743-$11,470$1,153,612$845,591$308,021
September 30, 2023990$7,867,353$7,924,284-$56,931$1,143,739$824,248$319,491
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$10,008,071
of which government grants
$9,989,521
Program service revenue
$0
Investment income
$0
Other revenue
$5,540

Expenses

Grants and similar amounts paid
$8,875,851
Compensation of officers, directors and key employees
$229,354
Other salaries and wages
$399,465
Salaries, compensation and benefits (total)
$689,401
Professional fundraising fees
$0
Legal fees
$17,240
Accounting fees
$7,220
Occupancy
$68,088
Travel
$36,743
Depreciation
$1,343
Program services (functional)
$9,682,613
Management and general (functional)
$260,912

Balance sheet and other

Total assets, start of year
$1,153,612
Total assets, end of year
$1,309,761
Total liabilities, end of year
$931,654
Net assets, end of year
$378,107
Land, buildings and equipment
$33,244
Net assets without donor restrictions
$378,107
Gross receipts
$10,013,611
Employees
29
Volunteers
0
Year formed
1992
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DR VERA CORLEY-SIMSEXECUTIVE DIRECTOR
Officer
35$102,699$550
TYWANA SEWARD-CORLEYSECRETARY
Officer
40$62,279$1,935
TONY L CORLEYPRESIDENT
Officer
40$57,063$78
CHARLES TAYLORDIRECTOR
Trustee or director
1$1,750$0
TYRONE BENNETTCHAIRMAN
Trustee or director
1$1,000$0
EARL JOHNSONDIRECTOR
Trustee or director
1$1,000$0
SHASTA BLUEDIRECTOR
Trustee or director
1$1,000$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensation
DR VERA CORLEY-SIMSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$99,000
TONY L CORLEYPRESIDENT
Trustee or director, Officer
40$55,008
TYWANA SEWARD-CORLEYSECRETARY
Trustee or director, Officer
40$49,479
EARL JOHNSONDIRECTOR
Trustee or director
1$0
CHARLES TAYLORDIRECTOR
Trustee or director
1$0
TYRONE BENNETTCHAIRMAN
Trustee or director
1$0
SHASTA BLUEDIRECTOR
Trustee or director
1$0
ANGELA JONESBOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensation
DR VERA CORLEY-SIMSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$102,620
TONY L CORLEYPRESIDENT
Trustee or director, Officer
40$58,628
TYWANA SEWARD-CORLEYSECRETARY
Trustee or director, Officer
40$55,924
EARL JOHNSONDIRECTOR
Trustee or director
1$0
CHARLES TAYLORDIRECTOR
Trustee or director
1$0
TYRONE BENNETTCHAIRMAN
Trustee or director
1$0
SHASTA BLUEDIRECTOR
Trustee or director
1$0
ANGELA JONESBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2670 UNION AVENUE EXT STE 900, MEMPHIS, TN 38112-4429
In care of
% VERA CORLEY
Principal officer (990 for 2024)
TONY L CORLEY, 2670 UNION AVE EXTD 900, MEMPHIS, TN 38112
Signed the 990
TONY L CORLEY, PRESIDENT
Phone
(901) 327-8401
Return prepared by
LBMC PC

Mission

TO PROVIDE LOW COST, HIGH QUALITY SERVICES TO TENNESSEE'S CHILDCARE PROVIDERS AND THE CHILDREN AND FAMILIES THEY SERVE, AND SPONSORSHIP TO USDA'S CHILD AND ADULT CARE FOOD PROGRAM WHICH PROVIDES NUTRITIOUS FOODS CONTRIBUTING TO THE WELLNESS, HEALTHY GROWTH, AND DEVELOPMENT OF YOUNG CHILDREN.

990 for the year ended September 30, 2025

Program accomplishments

  • CHILD AND ADULT CARE FOOD PROGRAM.
    Expenses $9,682,613 · grants $8,875,851 · revenue $5,540

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
62-1510796
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,309,761
Income (IRS master file)
$10,013,611

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$10,013,611$9,943,525$1,309,761XML
990September 2024$8,590,273$8,601,743$1,153,612XML
990September 2023$7,867,353$7,924,284$1,143,739XML
990September 2022$7,417,091$7,292,702$1,039,726IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1510796).

Questions about KARAMU NUTRITION PROGRAM

What is the EIN of KARAMU NUTRITION PROGRAM?
The employer identification number (EIN) of KARAMU NUTRITION PROGRAM is 62-1510796.
Is KARAMU NUTRITION PROGRAM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to KARAMU NUTRITION PROGRAM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KARAMU NUTRITION PROGRAM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KARAMU NUTRITION PROGRAM due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KARAMU NUTRITION PROGRAM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of KARAMU NUTRITION PROGRAM?
The 990 for the year ended September 30, 2025 names TONY L CORLEY.
Who are the officers and directors of KARAMU NUTRITION PROGRAM?
The 990 for the year ended September 30, 2025 lists 7 people; 7 received compensation from the organization, the highest $102,699 (DR VERA CORLEY-SIMS, EXECUTIVE DIRECTOR).
How much revenue does KARAMU NUTRITION PROGRAM have?
On its 990 for the year ended September 30, 2025 it reported revenue of $10,013,611, expenses of $9,943,525 and total assets of $1,309,761 at year end.

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