Nonprofit · EIN 82-0904035
VIBRANT MEMPHIS INC
Also known as EPICENTER
Tax-exempt · MEMPHIS, TN 38104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,961,869 | $3,573,668 | -$611,799 | $15,176,167 | $3,279,774 | $11,896,393 |
| December 31, 2023 | 990 | $2,621,131 | $3,611,345 | -$990,214 | $16,065,247 | $3,557,055 | $12,508,192 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,748,580
- of which government grants
- $1,127,527
- Program service revenue
- $93,408
- Investment income
- $117,903
- Net gain from sales of assets
- -$125,000
- Other revenue
- $1,978
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $32,751
- Other salaries and wages
- $1,487,329
- Salaries, compensation and benefits (total)
- $1,520,080
- Professional fundraising fees
- $0
- Legal fees
- $36,656
- Accounting fees
- $109,526
- Occupancy
- $275,508
- Travel
- $62,210
- Program services (functional)
- $2,324,261
- Management and general (functional)
- $970,374
- Fundraising (functional)
- $279,033
Balance sheet and other
- Total assets, start of year
- $16,065,247
- Total assets, end of year
- $15,176,167
- Total liabilities, end of year
- $3,279,774
- Net assets, end of year
- $11,896,393
- Land, buildings and equipment
- $4,264
- Net assets without donor restrictions
- $9,695,921
- Net assets with donor restrictions
- $2,200,472
- Gross receipts
- $3,086,869
- Employees
- 17
- Volunteers
- 0
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL INGRAM | FORMER SECRETARY & COO Former | 40 | $138,968 |
| NATHANIEL SMITH | DIRECTOR OF PROGRAMS Highest-paid employee | 40 | $112,545 |
| FAYRE CROSSLEY | CHIEF GRANTS & COMPLIANCE Highest-paid employee | 40 | $108,319 |
| ANTHONY YOUNG | PRESIDENT & CEO Trustee or director, Officer | 40 | $32,750 |
| KAYLA GRAFF | DIRECTOR Trustee or director | 2 | $0 |
| KOJO MCLENNON | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| ALFRED WASHINGTON | DIRECTOR Trustee or director | 2 | $0 |
| SPENCE WILSON JR | TREASURER Trustee or director, Officer | 2 | $0 |
| LISA ROSSMEYER WADE | DIRECTOR Trustee or director | 2 | $0 |
| AARTI BOWMAN | DIRECTOR Trustee or director | 2 | $0 |
| GLORIA BOYLAND | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA TAVEAU | FORMER PRESIDENT & CEO Trustee or director, Officer | 40 | $167,469 |
| RUSSELL INGRAM | SECRETARY & COO Trustee or director, Officer | 40 | $158,210 |
| FAYRE CROSSLEY | CHIEF GRANTS & COMPLIANCE OFFICER Highest-paid employee | 40 | $105,469 |
| DAVID WADDELL | DEPARTING CHAIRMAN Trustee or director, Officer | 5 | $0 |
| SHEA FLINN | DIRECTOR Trustee or director | 2 | $0 |
| KAYLA GRAFF | DIRECTOR Trustee or director | 2 | $0 |
| KOJO MCLENNON | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| ALFRED WASHINGTON | DIRECTOR Trustee or director | 2 | $0 |
| SPENCE WILSON JR | TREASURER Trustee or director, Officer | 2 | $0 |
| PHILIP SPINOSA JR | DIRECTOR Trustee or director | 2 | $0 |
| LISA ROSSMEYER WADE | DIRECTOR Trustee or director | 2 | $0 |
| AARTI BOWMAN | DIRECTOR Trustee or director | 2 | $0 |
| GLORIA BOYLAND | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 902 S COOPER ST, MEMPHIS, TN 38104-5603
- In care of
- % LESLIE LYNN SMITH
- Principal officer (990 for 2024)
- ANTHONY YOUNG, 150 PEABODY PLACE LOWER LEVEL, MEMPHIS, TN 38103
- Signed the 990
- ANTHONY YOUNG, CEO
- Phone
- (901) 500-6368
- Website
- WWW.EPICENTERMEMPHIS.ORG
- Return prepared by
- WATKINS UIBERALL PLLC
Mission
ACT AS THE HUB FOR ENTREPRENEURIAL SUPPORT IN MEMPHIS, CREATING 500 COMPANIES AND SERVING 1000 ENTREPRENEURS IN 10 YEARS THROUGH ATTRACTION AND DEVELOPMENT OF TALENT, CONVERTING IDEAS TO BUSINESSES, ATTRACTING CAPITAL, AND ASSISTING IN CUSTOMER ACQUISITION.
Program accomplishments
- PROVIDING A FULL-RANGE OF ENTREPRENEURIAL SUPPORT SERVICES INCLUDING MENTORSHIP AND EXECUTIVES IN RESIDENCE, BOOT CAMP TRAINING, INCUBATION AND COWORKING, ATTRACTION OF NEW DEBT AND EQUITY CAPITAL, NETWORKING AND EVENTS, CORPORATE AND CUSTOMER ENGAGEMENT. WORKING WITH PARTNERS TO STRENGTHEN THE ENTREPRENEURIAL ECOSYSTEM SO THAT AVAILABLE RESOURCES ARE DEPLOYED EFFECTIVELY. SERVICES DESIGNED TO BRING BENEFITS OF ECONOMIC DEVELOPMENT TO ALL RESIDENTS OF MEMPHIS EQUITABLY, WITH DIVERSITY AND INCLUSION A CRITICAL PART OF ALL THAT EPICENTER DOES.Expenses $2,324,261 · revenue $30,273
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-0904035
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $15,176,167
- Income (IRS master file)
- $3,086,869
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,961,869 | $3,573,668 | $15,176,167 | XML |
| 990 | December 2023 | $2,621,131 | $3,611,345 | $16,065,247 | XML |
| 990 | December 2022 | $1,271,310 | $3,508,340 | $17,288,383 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 82-0904035).
Questions about VIBRANT MEMPHIS INC
- What is the EIN of VIBRANT MEMPHIS INC?
- The employer identification number (EIN) of VIBRANT MEMPHIS INC is 82-0904035.
- Is VIBRANT MEMPHIS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to VIBRANT MEMPHIS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIBRANT 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 VIBRANT 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 VIBRANT 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 VIBRANT MEMPHIS INC?
- The 990 for the year ended December 31, 2024 names ANTHONY YOUNG.
- Who are the officers and directors of VIBRANT MEMPHIS INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 4 received compensation from the organization, the highest $138,968 (RUSSELL INGRAM, FORMER SECRETARY & COO).
- How much revenue does VIBRANT MEMPHIS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,961,869, expenses of $3,573,668 and total assets of $15,176,167 at year end.
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All nonprofits in MEMPHIS · Tennessee · Community improvement and capacity building