Nonprofit · EIN 45-3699291
MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC
Tax-exempt · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $916,408 | $1,409,105 | -$492,697 | $1,507,559 | $125,142 | $1,382,417 |
| December 31, 2024 | 990 | $1,662,621 | $1,537,959 | $124,662 | $2,019,257 | $144,143 | $1,875,114 |
| December 31, 2023 | 990 | $1,437,868 | $1,687,112 | -$249,244 | $1,789,734 | $39,282 | $1,750,452 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $632,222
- of which government grants
- $440,897
- Program service revenue
- $278,645
- Investment income
- $5,541
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,093
- Other salaries and wages
- $536,737
- Salaries, compensation and benefits (total)
- $796,138
- Professional fundraising fees
- $0
- Accounting fees
- $16,788
- Occupancy
- $43,859
- Travel
- $19,495
- Program services (functional)
- $1,185,189
- Management and general (functional)
- $223,916
Balance sheet and other
- Total assets, start of year
- $2,019,257
- Total assets, end of year
- $1,507,559
- Total liabilities, end of year
- $125,142
- Net assets, end of year
- $1,382,417
- Net assets without donor restrictions
- $565,080
- Net assets with donor restrictions
- $817,337
- Gross receipts
- $916,408
- Employees
- 7
- Volunteers
- 9
- Year formed
- 2011
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA LOTZ | EXECUTIVE DIRECTOR Officer | 40 | $120,000 | $8,093 |
| COURTNEY MCNEAL | CHIEF OF STAFF Highest-paid employee | 40 | $115,000 | $11,782 |
| KRISTEN MORIN | DATA MIDSOUTH DIRECTOR Highest-paid employee | 40 | $100,480 | $11,825 |
| PETYA KIRILOVA-GRADY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PETER BUNCE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JUSTIN ENTZMINGER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| GWYN FISHER | DIRECTOR/CHIEF ECONOMIC DEVELOPMENT OFFICER Trustee or director, Officer | 1 | $0 | $0 |
| SARA HALL | DIRECTOR/CHIEF LEGAL OFFICER Trustee or director, Officer | 1 | $0 | $0 |
| JT MALASRI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RENEE PARKER SEKANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHANDELL RYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARNELL SETTLES III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY STRACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OLIVIA WILMOT | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA LOTZ | EXECUTIVE DIRECTOR Officer | 40 | $120,000 | $7,055 |
| COURTNEY MCNEAL | CHIEF OF STAFF Highest-paid employee | 40 | $115,000 | $10,529 |
| KRISTEN MORIN | DATA MIDSOUTH DIRECTOR Highest-paid employee | 40 | $100,480 | $10,106 |
| CHANDELL RYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARNELL SETTLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY STRACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JT MALASRI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BUNCE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PETYA KIRILOVA-GRADY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| GWYN FISHER | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SARA HALL | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JUSTIN ENTZMINGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA LOTZ | EXECUTIVE DIRECTOR Officer | 40 | $120,000 | $7,823 |
| COURTNEY MCNEAL | CHIEF OF STAFF Highest-paid employee | 40 | $115,000 | $7,688 |
| CHANDELL RYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARNELL SETTLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY STRACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HALEY SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JT MALASRI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BUNCE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PETYA KIRILOVA-GRADY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RACHEL KESSELMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GWYN FISHER | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SARA HALL | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JUSTIN ENTZMINGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 516 TENNESSEE ST STE 422, MEMPHIS, TN 38103-4718
- In care of
- % J MARTIN REGAN JR
- Principal officer (990 for 2025)
- JESSICA LOTZ, 516 TENNESSEE ST 422, MEMPHIS, TN 38103
- Signed the 990
- JESSICA LOTZ, EXECUTIVE DIRECTOR
- Phone
- (901) 628-9854
- Website
- WWW.INNOVATEMEMPHIS.COM
- Return prepared by
- LBMC PC
Mission
DEVELOP AND IMPLEMENT PROGRAMS TO MEET MAJOR URBAN CHALLENGES THAT EXIST FOR MEMPHIS, TENNESSEE
Program accomplishments
- DEVELOPMENT AND IMPLEMENTATION OF PROGRAMS FOCUSED ON GENERATING NEIGHBORHOOD VITALITY, IMPROVING CITY SERVICES, REIMAGINING CIVIC ASSETS AND SUPPORTING MOBILITY AND WELLNESS ACCESS FOR LOW-INCOME RESIDENTS.Expenses $1,185,189 · revenue $278,645
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 | 990 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
- 45-3699291
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $1,507,559
- Income (IRS master file)
- $916,408
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $916,408 | $1,409,105 | $1,507,559 | XML |
| 990 | December 2024 | $1,662,621 | $1,537,959 | $2,019,257 | XML |
| 990 | December 2023 | $1,437,868 | $1,687,112 | $1,789,734 | XML |
| 990 | December 2022 | $2,041,109 | $2,080,091 | $2,082,507 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 45-3699291).
Questions about MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC
- What is the EIN of MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC?
- The employer identification number (EIN) of MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC is 45-3699291.
- Is MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT 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 MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC?
- The 990 for the year ended December 31, 2025 names JESSICA LOTZ.
- Who are the officers and directors of MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC?
- The 990 for the year ended December 31, 2025 lists 14 people; 3 received compensation from the organization, the highest $120,000 (JESSICA LOTZ, EXECUTIVE DIRECTOR).
- How much revenue does MAYORS INSTITUTE FOR EXCELLENCE IN GOVERNMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $916,408, expenses of $1,409,105 and total assets of $1,507,559 at year end.
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- JUICE ORANGE MOUND EIN 81-5335752 · last filed 990-EZ for 2024
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All nonprofits in MEMPHIS · Tennessee · Public and societal benefit