From public IRS filings
MEMPHIS BUSINESS ACADEMY
MEMPHIS, TN · Education
Mission
MEMPHIS BUSINESS ACADEMY IS A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE SHELBY COUNTY SCHOOLS BOARD OF EDUCATION. THE MISSION OF THE SCHOOL IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF ELEMENTARY, MIDDLE, AND HIGH SCHOOLS IN MATH, SCIENCE, SOCIAL STUDIES AND LANGUAGE ARTS WITH A BUSINESS/FINANCE EMPHASIS.
Financials (IRS Form 990)
Total revenue
$25.6M
Total expenses
$25M
Total assets
$41.3M
Program expense ratio
6036%
Source: IRS Form 990, tax year 2024.
Who funds MEMPHIS BUSINESS ACADEMY
$1.5M in foundation grants on record from 8 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| 50can | $679K | 2 |
| Local Initiatives Support | $100K | 1 |
| Memphis Education Fund | $40K | 2 |
| Community Foundation of Greater Memphis | $25K | 1 |
| Building Hope Impact Fund | $20K | 1 |
| North American Catholic Educational Programming Foundation | $17K | 1 |
Leadership
NANCY S REEVES — CFO (Principal officer)
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