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Nonprofit · EIN 81-3772313

SLINGSHOT MEMPHIS INC

Tax-exempt · MEMPHIS, TN 38104

Financials

$2.2M$2.7M2023$2.1M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of SLINGSHOT MEMPHIS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$2,136,755$2,668,963-$532,208$551,571$804,189-$252,618
December 31, 2023990 (amended)$2,167,285$2,686,677-$519,392$1,215,490$935,900$279,590
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,121,159
of which government grants
$2,000
Program service revenue
$0
Investment income
$15,596
Other revenue
$0

Expenses

Grants and similar amounts paid
$645,200
Compensation of officers, directors and key employees
$209,376
Other salaries and wages
$1,278,726
Salaries, compensation and benefits (total)
$1,675,612
Professional fundraising fees
$0
Accounting fees
$24,275
Occupancy
$60,360
Travel
$7,451
Depreciation
$13,776
Program services (functional)
$2,276,753
Management and general (functional)
$154,686
Fundraising (functional)
$237,524

Balance sheet and other

Total assets, start of year
$1,215,490
Total assets, end of year
$551,571
Total liabilities, end of year
$804,189
Net assets, end of year
-$252,618
Land, buildings and equipment
$20,811
Net assets without donor restrictions
-$252,618
Gross receipts
$2,136,755
Employees
22
Volunteers
0
Year formed
2016
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JARED BARNETTCEO
Officer
40$191,915$17,460
YOAN ANGUILETDIRECTOR OF TECH & DATA EN
Highest-paid employee
40$130,461$20,835
JOHN G DUNAVANTDIRECTOR OF INSIGHTS & IMP
Highest-paid employee
40$127,195$15,079
MEG CROSBYSECRETARY
Trustee or director, Officer
1$0$0
JOHN SIMSCHAIRMAN
Trustee or director, Officer
1$0$0
HARRIET MCFADDENBOARD MEMBER
Trustee or director
1$0$0
GRETCHEN MCLENNONBOARD MEMBER
Trustee or director
1$0$0
DEANDRE JONESBOARD MEMBER
Trustee or director
1$0$0
NANCY HULA MILLSBOARD MEMBER
Trustee or director
1$0$0
JOHN MARTINEZBOARD MEMBER
Trustee or director
1$0$0
FRED TOWLERTREASURER
Trustee or director, Officer
1$0$0
HUNTER COWANBOARD MEMBER
Trustee or director
1$0$0
SHAWNA ENGELBOARD MEMBER
Trustee or director
1$0$0
TANYA FREYBOARD MEMBER
Trustee or director
1$0$0
LARRY ROBINSONBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
JARED BARNETTCEO
Officer
40$197,082$16,164
YOAN ANGUILETDIRECTOR OF TECH & DATA EN
Highest-paid employee
40$121,172$19,357
DOUGLAS A CAMPBELLSENIOR IMPACT ASSOCIATE
Highest-paid employee
40$109,098$6,301
JOHN G DUNAVANTDIRECTOR OF INSIGHTS & IMPACT
Highest-paid employee
40$104,871$9,403
MEG CROSBYBOARD MEMBER
Trustee or director
1$0$0
JOHN SIMSCHAIRMAN
Trustee or director, Officer
1$0$0
HARRIET MCFADDENBOARD MEMBER
Trustee or director
1$0$0
GRETCHEN MCLENNONSECRETARY
Trustee or director, Officer
1$0$0
WILL THOMPSONTREASURER
Trustee or director, Officer
1$0$0
DEANDRE JONESBOARD MEMBER
Trustee or director
1$0$0
NANCY HULA MILLSBOARD MEMBER
Trustee or director
1$0$0
JOHN MARTINEZBOARD MEMBER
Trustee or director
1$0$0
FRED TOWLERBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
802 ROZELLE ST, MEMPHIS, TN 38104-5052
In care of
% JARED BARNETT
Principal officer (990 for 2024)
JARED BARNETT, 2481 BROAD AVENUE, MEMPHIS, TN 38112
Signed the 990
JARED BARNETT, CEO
Phone
(901) 300-6634
Return prepared by
CANNON WRIGHT BLOUNT PLLC

Mission

SLINGSHOT HAS DEVELOPED A NEW, STANDARDIZED METHODOLOGY TO MEASURE POVERTY-FIGHTING IMPACT. THIS METHODOLOGY ENABLES US TO REVOLUTIONIZE POVERTY-FIGHTING EFFECTIVENESS BY EQUIPPING DECISION-MAKERS WITH THE INSIGHTS AND TOOLS TO MAKE EVIDENCE-BASED DECISIONS, INCREASING THE ALLOCATION OF FINANCIAL RESOURCES TO THE MOST EFFECTIVE POVERTY-FIGHTING EFFORTS, AND IMPROVING THE EFFECTIVENESS AND OUTCOMES OF POVERTY-FIGHTING ORGANIZATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO WORK WITH POVERTY-FIGHTING ORGANIZATIONS TO STUDY THEIR EFFECTIVENESS, IDENTIFY OPPORTUNITIES TO ENHANCE THEIR OUTCOMES, AND INVEST DIRECTLY TO AMPLIFY HIGH-IMPACT PROGRAMS AND SERVICES.
    Expenses $2,276,753 · grants $645,200

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3772313
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$551,571
Income (IRS master file)
$2,136,755

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,136,755$2,668,963$551,571XML
990December 2023$2,167,285$2,686,677$1,215,490XML
990December 2022$2,181,089$2,243,736$1,692,803IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 81-3772313).

Questions about SLINGSHOT MEMPHIS INC

What is the EIN of SLINGSHOT MEMPHIS INC?
The employer identification number (EIN) of SLINGSHOT MEMPHIS INC is 81-3772313.
Is SLINGSHOT MEMPHIS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to SLINGSHOT MEMPHIS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SLINGSHOT MEMPHIS INC 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 SLINGSHOT MEMPHIS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SLINGSHOT MEMPHIS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SLINGSHOT MEMPHIS INC?
The 990 for the year ended December 31, 2024 names JARED BARNETT.
Who are the officers and directors of SLINGSHOT MEMPHIS INC?
The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $191,915 (JARED BARNETT, CEO).
How much revenue does SLINGSHOT MEMPHIS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,136,755, expenses of $2,668,963 and total assets of $551,571 at year end.

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