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Nonprofit · EIN 80-0621931

BBA FOUNDATION OF MEMPHIS INC

Tax-exempt (reinstated) · MEMPHIS, TN 38126

Financials

$75K$17K2022
Revenue Expenses · by fiscal year end
Financials of BBA FOUNDATION OF MEMPHIS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$75,000$16,808$58,192$58,192$0$58,192
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$75,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$16,808

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$58,192
Total liabilities, end of year
$0
Net assets, end of year
$58,192
Net assets without donor restrictions
$58,192
Gross receipts
$75,000
Employees
0
Year formed
2010
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, 2023, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Ernest D StricklandPresident/CEO
Key employee
–$0$149,992
Alan A GumbelChief Operation Officer
Key employee
–$0$58,546
Carless McCullough EsqTreasurer
Trustee or director, Officer
–$0$0
Mark YatesChairman
Trustee or director, Officer
–$0$0
Michael A Hooks JrSecretary
Trustee or director, Officer
–$0$0

Address and contacts

Address (IRS master file)
480 DR MARTIN L KING JR AVE, MEMPHIS, TN 38126-0000
In care of
% ROBY S WILLIAMS
Principal officer (990 for 2022)
Alan A Gumbel, 480 Dr Martin L King Jr Ave, Memphis, TN 38126
Signed the 990
Alan A Gumbel, Chief Operating Officer
Phone
(901) 636-9300
Return prepared by
Management Advisory Services

Mission

The organizations mission is to improve the economic well being of the Memphis, TN region by developing successful entrepreneurs through education, advocacy and business development

990 for the year ended June 30, 2023

Program accomplishments

  • See Schedule O for Program Accomplishments for the fiscal year ended June 30, 2023
    Expenses $16,808 · revenue $75,000

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

File the 2025 990-EZ for BBA FOUNDATION OF MEMPHIS INC

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
80-0621931
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
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$58,192
Income (IRS master file)
$75,000

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
May 30, 2014
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$75,000$16,808$58,192XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 80-0621931).

Questions about BBA FOUNDATION OF MEMPHIS INC

What is the EIN of BBA FOUNDATION OF MEMPHIS INC?
The employer identification number (EIN) of BBA FOUNDATION OF MEMPHIS INC is 80-0621931.
Is BBA FOUNDATION OF MEMPHIS INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to BBA FOUNDATION OF MEMPHIS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BBA FOUNDATION OF 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 BBA FOUNDATION OF MEMPHIS INC 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 BBA FOUNDATION OF MEMPHIS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of BBA FOUNDATION OF MEMPHIS INC?
The 990 for the year ended June 30, 2023 names Alan A Gumbel.
Who are the officers and directors of BBA FOUNDATION OF MEMPHIS INC?
The 990 for the year ended June 30, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does BBA FOUNDATION OF MEMPHIS INC have?
On its 990 for the year ended June 30, 2023 it reported revenue of $75,000, expenses of $16,808 and total assets of $58,192 at year end.

Other nonprofits in MEMPHIS

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