Public Charity

MEMPHIS BUSINESS ACADEMY INC

MEMPHIS BUSINESS ACADEMY INC, of MEMPHIS, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $25.6M in revenue, $25.0M in expenses, $41.3M in total assets. 12 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 201195290 MEMPHIS, TN Latest filing: 2025
Total Revenue$25.6M
Total Expenses$25.0M
Total Assets$41.3M
Grant Records12
Funding Total$1.8M
Filing Years2021–2025

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.

Officers & Directors

TRUSTEE Alicia Caldwell
CO-CEO April Bobo
TRUSTEE Briann Gibson
CHIEF OF ACADEMIC OFFICER Germaine Thurman
TRUSTEE Jose Castro
TRUSTEE Martin Mccain

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$729,034 1 grant
TO SUPPORT SUMMER BOOST
$679,040 2 grants
EDUCATION
$227,653 1 grant
SEE PART IV
$100,000 1 grant
EDUCATIONAL SUPPORT
$40,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $25.6M $25.0M $41.3M
2024 $27.9M $25.8M $40.3M
2023 $25.4M $23.5M $39.4M
2022 $24.6M $19.8M $45.1M
2021 $21.3M $16.9M $29.9M

Between 2021 and 2025, reported annual revenue grew from $21.3M to $25.6M (+20%), with total assets most recently reported at $41.3M.

Interactive year-over-year charts and full filing details available with membership.

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