2020-09-01T06:07:23-05:00 2019-12-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1755 KIRBY PARKWAY SUITE 200 MEMPHIS TN 38120 990 2019-01-01 464337862 CITY LEADERSHIP CITY 9016285474 1350 CONCOURSE AVENUE NO 463 MEMPHIS TN 38104 MARCUS LEWIS TREASURER 9016285474 2020-08-30 1 RICHARD L WEBB CPA P00362093 9016834234 2020-08-30 64.88.174.3 2020-08-30 20:36:05 CD P F5A008DDA751100C06CE1B0818468894FE6FDD9B F5A008DDA751100C06CE1B0818468894FE6FDD9B 2019 2020-11-06 18:47:13Z MARCUS LEWIS 1350 CONCOURSE AVENUE NO 463 MEMPHIS TN 38104 2225031 0 X WWW.CITYLEADERSHIP.ORG X 2014 TN CITY LEADERSHIP EXISTS TO RECRUIT, DEVELOP, & CATALYZE LEADERS. 3 3 29 30 0 0 1701772 1895464 109373 155918 -3625 168 35858 42621 1843378 2094171 0 0 0 0 1302285 1393502 0 0 10334 739859 692658 2042144 2086160 -198766 8011 1145569 1156631 70099 73150 1075470 1083481 X CITY LEADERSHIP'S MISSION IS TO RECRUIT, DEVELOP, AND CATALYZE LEADERS FOR THE BENEFIT OF THE CITY OF MEMPHIS. THE ORGANIZATION WAS FOUNDED IN ORDER TO MAXIMIZE THE LEADERSHIP CAPITAL AND POTENTIAL OF MEMPHIS. CITY LEADERSHIP STRIVES TO RECRUIT TALENTED INDIVIDUALS TO MEMPHIS, TO DEVELOP LEADERS AND ORGANIZATIONS IN MEMPHIS, AND TO ACCELERATE (I.E. CATALYZE) COLLABORATIVE PROJECTS FOR THE BENEFIT OF THE CITY. 0 0 976016 191601 UNDER ITS RECRUIT PROGRAM, CITY LEADERSHIP SEEKS TO ATTRACT AND RETAIN TALENT FOR MEMPHIS PRIMARILY THROUGH ITS 901 CAMPAIGNS: CHOOSE901, TEACH901, SERVE901 AND CHOOSE901 ALUMNI. THESE PROGRAMS MARKET MEMPHIS LOCALLY AND NATIONALLY HIGHLIGHTING VARIOUS VOCATIONAL OPPORTUNITIES IN MEMPHIS AND HOW TO INVEST IN AND ENJOY THE CITY. 527209 6938 UNDER ITS DEVELOP PROGRAM, CITY LEADERSHIP CONSULTS AND WORKS WITH ORGANIZATIONS AND LEADERS FROM EVERY FIELD: BUSINESSES, NONPROFIT GROUPS, GOVERNMENT ENTITIES, SCHOOLS, TEACHERS, ARTISTS, AND SOCIAL ENTREPRENEURS TO HELP THEM REACH THEIR POTENTIAL INDIVIDUALLY AND TOGETHER. CITY LEADERSHIP OFFERS EXPERTISE TO THESE GROUPS IN STRATEGIC PLANNING, RESEARCH, MULTIMEDIA, BRANDING, TECHNOLOGY, SOCIAL MEDIA, AND TALENT ACQUISITION. 1503225 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 TN X THE ORGANIZATION 9016285474 1350 CONCOURSE AVENUE NO 463 MEMPHIS TN 38104 JOHN W BRYSON CHAIRMAN 2.00 X X 0 0 0 JOHN R CARROLL PRESIDENT 40.00 X X 178547 0 15105 MARCUS E LEWIS TREASURER 2.00 X X 0 0 0 TOM MARINO SECRETARY 2.00 X X 0 0 0 GRANT EDWARDS VICE-PRESIDENT 40.00 X X 99563 0 19978 278110 0 35083 1 0 1 0 0 1895464 1895464 PROGRAM SERVICES REVEN 611430 151801 151801 OTHER INCOME 611430 4117 4117 155918 350 182 168 168 168 173299 130678 42621 42621 2094171 198539 0 168 278110 221459 47733 8918 880692 700956 179736 26436 21355 4881 200 121887 95509 25823 555 86377 68342 17374 661 21140 21140 12870 12870 69068 69068 90298 52928 37370 164966 43850 121116 DIRECT PROGRAM EXPENSE 298826 298826 STAFF DEVELOPMENT 32217 32217 OTHER TAXES 3273 3273 2086160 1503225 572601 10334 290792 431723 5828 5035 24384 54039 64817 63138 1085216 482520 759748 602696 1145569 1156631 52795 54364 17304 18786 70099 73150 X 1075470 1083481 1075470 1083481 1145569 1156631 8011 0 X X 0 1 X 1 0 X 1800852 924122 2319655 1701772 1895464 8641865 1800852 924122 2319655 1701772 1895464 8641865 76763 8565102 2042 4456 5542 3827 4117 19984 8661849 1740712 0.98880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 927945 400524 527421 157271 81996 75275 602696 X 2224849 130678 130678 2094171 0 2094171 2216838 130678 130678 2086160 0 2086160 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. BASED ON ITS EVALUATION, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. CITY'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED DECEMBER 31, 2016 THROUGH DECEMBER 31, 2019, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF THE YEAR ENDED DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES SUBTRACTED FROM GROSS SALES LINE 10B OF PART VIII PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES AS PROGRAM EXPENSES ON THE AUDIT REPORT LINE 10B-PART VIII X X 0 0 0 0 0 0 0 1 0 JOHN R CARROLL PRESIDENT 133547 0 45000 0 0 0 0 0 15105 0 193652 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS USES OTHER ORGANIZATIONS' INFORMATION AND INQUIRIES OF COMPARABLE POSITIONS IN THE MEMPHIS AREA TO SET OFFICERS' COMPENSATION AND BENEFITS. PART I, LINE 7 THE BOARD OF DIRECTORS PROVIDED ADDITIONAL COMPENSATION TO THE PRESIDENT OF THE ORGANIZATION AFTER CONSIDERING VARIOUS ACCOMPLISHMENTS AND ACHIEVEMENTS OF THE ORGANZAIZATION AND NOT BY A SPECIFIC CONTRACT, FORMULA, EVENT OR CONTINGENCY. AFTER REVIEW OF ALL OF THE PERTIENT FACTORS, ADDITIONAL COMPENSATION WAS AWARDED COMMENSURATE WITH THE ORGANIZATION'S ACHIEVEMENTS. JOHN BRYSON PRES/BOARD CHAIR BRYSON IS SR. PASTOR/ELDER OF FELLOWSHIP CHURCH 1000 RECEIPT OF SPONORSHIP FEE FOR A SPECAIL EVENT FROM FELLOWSHIP CHURCH WHICH JOHN BRYSON IS THE SENIOR PASTOR AND ELDER 0 JOHN CAROLL CEO AND BOARD MEMBER JOHN CAROLL IS PARTIAL OWNER OF PERIKOP360. 3553 MERCHANDISE SALES TO PERIKOP360 IN WHICH JOHN CAROLL IS A PART OWNER 0 FORM 990, PART IV, LINE 28A MERCHANDISE SALES- INVENTORY HELD FOR SALE WAS SOLD TO AN AFFILIATE OF AN INTERESTED PARTY.THE BOARD OF DIRECTORS IS AWARE OF THE RELATIONSHIP OF THE INTERESTED PARTIES; ACCORDINGLY, PERIODIC REVIEWS AND EVALUATIONS ARE PERFORMED ON ALL STAFF AND BOARD MEMBERS INCLUDING THE INTERESTED PARTIES TO ENSURE COMPLIANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. MERCHANDISE PURCHASES AND SALES ARE GENERALLY AT PRICES CONSISTENT WITH UNRELATED THIRD PARTY PURCHASES AND SALES. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS TO IDENTIFY POTENTIAL CONFLICTS WITH STAFF, VOLUNTEERS, BOARD MEMBERS, AND OTHER POTENTIAL CONFLICTS ARE COMPLETED BY ALL BOARD MEMBERS. PERIODIC REVIEWS ARE ALSO CONDUCTED AND WHEN CONFLICTS ARISE, A RESOLUTION IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONSIDERED THE COMPENSATION OF THE EXECUTIVE DIRECTOR FROM OTHER ORGANIZATIONS IN THE MEMPHIS AREA IN LIKE POSITIONS AND MADE A DETERMINATION OF THE APPROPRIATE COMPENSATION FOR THE DIRECTOR. THE BOARD OF DIRECTORS GAVE THE EXECUTIVE DIRECTOR THE AUTHORITY TO USE THE APPROPRIATE COMPARABLE DATA TO SET THE COMPENSATION OF ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 CITY LEADERSHIP HAS AVAILABLE FOR PUBLIC INSPECTION ALL REQUIRED DOCUMENTS IN A SEPARATE BINDER MARKED "OPEN FOR PUBLIC INSPECTION AND WILL PROVIDE THE INFORMATION FOR REVIEW UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS TO SELECT THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE PRIOR YEAR.