MEMPHIS BUSINESS ACADEMY INC

MEMPHIS BUSINESS ACADEMY INC

Memphis, TN, US
501(c)3
EIN
20-1195290
School

MEMPHIS BUSINESS ACADEMY INC

Memphis, TN, US
501(c)3
EIN
20-1195290
School

Overview

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Est.

2004

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Memphis Business Academy Inc is a public charter school located in Memphis, Tennessee, dedicated to enhancing the academic achievement of students in elementary, middle, and high school with a focus on math, science, social studies, and language arts through a business and finance emphasis. With an operating budget of $25 million and total revenue of $25.6 million for the 2025 filing year, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at http://www.mbachtarteschools.org/.

Mission Statement

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.
Revenues

$25.6M

Expenses

$25M

Net Income:
+$579K
Assets

$41.3M

Liabilities

$16.3M

Net Assets:
+$25M
Operating Budget

$25M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$219.3K
Largest grant received
$433.6K
N
Nancy S Reeves
Board Member
Z
Zachary Beasley
Board Member
J
Jose Castro
Board Member

Frequently Asked Questions

What is MEMPHIS BUSINESS ACADEMY INC’s budget?
In 2025, MEMPHIS BUSINESS ACADEMY INC reported an annual operating budget of around $25 million. More detailed financial information is available to registered users.
What causes does MEMPHIS BUSINESS ACADEMY INC support?
MEMPHIS BUSINESS ACADEMY INC supports work in Charter school education.
Where does MEMPHIS BUSINESS ACADEMY INC operate?
MEMPHIS BUSINESS ACADEMY INC is headquartered in Memphis, TN.
Who funded MEMPHIS BUSINESS ACADEMY INC recently?
In 2024, MEMPHIS BUSINESS ACADEMY INC received grants from 50CAN INC, Tennessee Titans Foundation, and 50CAN INC. More information on this organization’s funders is available to registered users.
What is the largest grant MEMPHIS BUSINESS ACADEMY INC received in 2024?
The largest grant to MEMPHIS BUSINESS ACADEMY INC in 2024 exceeds $434 thousand.
What is MEMPHIS BUSINESS ACADEMY INC’s reliance on government grants?
MEMPHIS BUSINESS ACADEMY INC relied on government grants for more than 95% of their total revenue in 2025.
Overview
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