Skip to main content
Filing year 2024

Memphis Challenge Inc

Memphis, Tennessee·EIN 62-1400107·3
Total revenue
$358k
Total assets
$172k
Total expenses
$328k
Reported officers
15
Mission

THE GOAL OF MEMPHIS CHALLENGE IS TO ENSURE THE REGION'S MOST TALENTED MINORITY STUDENTS BRING THEIR EDUCATION, EXPERTISE, AND CONNECTIONS BACK TO MEMPHIS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$136k
$144k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 14%
from 2023

From $119k in 2023 to $136k in 2024.

$119k
2023
$136k
2024
In today's dollarsEst.
Up 11% in real terms$129k to $144k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 15%.

$119k in 2023 to $136k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Memphis Challenge Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$310k
$341k
2023
$358k
$328k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Memphis Challenge Inc

What does the Chief Executive Officer of Memphis Challenge Inc earn?

In 2024, the Chief Executive Officer of Memphis Challenge Inc received $135,586 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Memphis Challenge Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Memphis Challenge Inc falls between the median and the 75th percentile.

What are Memphis Challenge Inc's revenue and expenses?

In 2024, Memphis Challenge Inc reported $358k in total revenue and $328k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.