Nonprofit · EIN 81-3760198
BELIEVE MEMPHIS ACADEMY
Tax-exempt · MEMPHIS, TN 38106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,152,766 | $6,789,493 | $363,273 | $7,851,699 | $4,556,322 | $3,295,377 |
| June 30, 2024 | 990 | $5,833,604 | $6,436,917 | -$603,313 | $7,697,196 | $4,765,092 | $2,932,104 |
| June 30, 2023 | 990 | $5,157,559 | $5,597,797 | -$440,238 | $8,390,818 | $4,855,401 | $3,535,417 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,111,633
- of which government grants
- $6,702,245
- Program service revenue
- $39,000
- Investment income
- $2,133
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $216,220
- Other salaries and wages
- $2,877,053
- Salaries, compensation and benefits (total)
- $3,793,285
- Professional fundraising fees
- $0
- Depreciation
- $334,636
- Program services (functional)
- $4,491,392
- Management and general (functional)
- $2,298,101
Balance sheet and other
- Total assets, start of year
- $7,697,196
- Total assets, end of year
- $7,851,699
- Total liabilities, end of year
- $4,556,322
- Net assets, end of year
- $3,295,377
- Land, buildings and equipment
- $5,726,800
- Net assets without donor restrictions
- $2,665,594
- Net assets with donor restrictions
- $629,783
- Gross receipts
- $7,152,766
- Employees
- 57
- Volunteers
- 50
- Year formed
- 2017
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT COWAN | EXECUTIVE DIRECTOR Officer | 40 | $127,265 |
| KENNY GREEN | DIRECTOR OF FINANCE & OPER Officer | 40 | $88,955 |
| ALICIA NORMAN | CHAIR Trustee or director, Officer | 1 | $0 |
| BRAD MORITZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| EVAN STEPHENS | BOARD MEMBER Trustee or director | 1 | $0 |
| FLORENCE JONES | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| JONATHAN TORRES | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MASON | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANE REED | BOARD MEMBER Trustee or director | 1 | $0 |
| JEREMY TURNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN BUFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| JAZMIN CAUSEY | BOARD MEMBER Trustee or director | 1 | $0 |
| EMILY EBER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANNY SONG | FORMER EXECUTIVE DIRECTOR Officer | 0 | $147,295 |
| MATT COWAN | EXECUTIVE DIRECTOR Officer | 40 | $107,545 |
| KENNY GREEN | DIRECTOR OF FINANCE & OPERATIONS Officer | 40 | $71,591 |
| ALICIA NORMAN | CHAIR Trustee or director, Officer | 1 | $0 |
| BRAD MORITZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| EVAN STEPHENS | BOARD MEMBER Trustee or director | 1 | $0 |
| FLORENCE JONES | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| JONATHAN TORRES | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MASON | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANE REED | BOARD MEMBER Trustee or director | 1 | $0 |
| JEREMY TURNER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANNY SONG | EXECUTIVE DIRECTOR Officer | 40 | $117,683 |
| TREMAINE MCKINLEY | DIRECTOR OF FINANCE Officer | 40 | $70,416 |
| ADAM CRAWFORD | TREASURER Trustee or director, Officer | 1 | $0 |
| REGGIE DAVIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| FLORENCE JONES | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MASON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALICIA NORMAN | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| BRAD MORITZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN TORRES | BOARD MEMBER Trustee or director | 1 | $0 |
| EVAN STEPHENS | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN VINER | BOARD MEMBER Trustee or director | 1 | $0 |
| GREG SPILLYARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| LUKE PRUETT | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS MARINO | CHAIR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2230 CORRY RD, MEMPHIS, TN 38106-7814
- In care of
- % JEFFERSON WARREN
- Principal officer (990 for 2024)
- KENNY GREEN, 2230 CORRY ROAD, MEMPHIS, TN 38106
- Signed the 990
- KENNY GREEN, DIRECTOR FINANCE & OPERATIONS
- Phone
- (901) 881-7970
- Return prepared by
- THE MARSTON GROUP PLC
Mission
BELIEVE MEMPHIS ACADEMY CHARTER SCHOOL PREPARES SCHOLARS IN GRADES K-8 WITH THE ACADEMIC RIGOR, ROBUST SUPPORTS, AND LEADERSHIP DEVELOPMENT NECESSARY TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY.
Program accomplishments
- PROGRAM SERVICES CONSIST OF PROVIDING EDUCATIONAL CURRICULUM AND INSTRUCTION IN AN EFFORT TO DEVELOP ACADEMIC ACUMEN AND LEADERSHIP SKILLS NECESSARY FOR STUDENTS TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY.Expenses $4,491,392 · revenue $39,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3760198
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $7,851,699
- Income (IRS master file)
- $7,152,766
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,152,766 | $6,789,493 | $7,851,699 | XML |
| 990 | June 2024 | $5,833,604 | $6,436,917 | $7,697,196 | XML |
| 990 | June 2023 | $5,157,559 | $5,597,797 | $8,390,818 | XML |
| 990 | June 2022 | $8,064,736 | $6,375,493 | $9,476,795 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 81-3760198).
Questions about BELIEVE MEMPHIS ACADEMY
- What is the EIN of BELIEVE MEMPHIS ACADEMY?
- The employer identification number (EIN) of BELIEVE MEMPHIS ACADEMY is 81-3760198.
- Is BELIEVE MEMPHIS ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to BELIEVE MEMPHIS ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BELIEVE MEMPHIS ACADEMY 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 BELIEVE MEMPHIS ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BELIEVE MEMPHIS ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BELIEVE MEMPHIS ACADEMY?
- The 990 for the year ended June 30, 2025 names KENNY GREEN.
- Who are the officers and directors of BELIEVE MEMPHIS ACADEMY?
- The 990 for the year ended June 30, 2025 lists 13 people; 2 received compensation from the organization, the highest $127,265 (MATT COWAN, EXECUTIVE DIRECTOR).
- How much revenue does BELIEVE MEMPHIS ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,152,766, expenses of $6,789,493 and total assets of $7,851,699 at year end.
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