The provided sources, a list of organizations registered in Memphis, TN, primarily focus on charitable, educational, and religious entities. While the address "702 Birthstone Ave" appears in the search query, the data does not contain information about gemstones themselves. Instead, it details organizations operating at various addresses, including one organization specifically named "FAME-US INC" located at 5368 Gemstone Way. Therefore, this article will focus on the organizations listed, their classifications, and reported financial data, with a particular emphasis on FAME-US INC due to its address connection to the term "Gemstone." It is important to note that this is not an article about a birthstone, but rather an analysis of organizations listed at addresses containing the word "Gemstone."
Organizational Overview
The dataset comprises information on a diverse range of organizations operating within Memphis, TN. These organizations are categorized as charitable, educational, religious, or a combination thereof. The data includes the organization's name, address, classification, reported asset amounts, reported income amounts, Form 990 revenue amounts, exempt status date, and the availability of Form 990 files. The majority of organizations listed report minimal or no financial activity, indicated by "$0" across asset, income, and revenue fields. A smaller subset reports figures ranging from "$1 to $1000" to "$50,000 +*".
FAME-US INC: A Detailed Look
Among the listed organizations, FAME-US INC, located at 5368 Gemstone Way, stands out due to its direct association with the term "Gemstone" in its address. Classified as both a charitable and educational organization, FAME-US INC reported a reported asset amount of "$1,000 +", a reported income amount of "$1 to $1000", and a Form 990 revenue amount of "$0*". Its exempt status date is listed as August 2016. This suggests a relatively recent establishment and ongoing, albeit modest, financial activity. The specific nature of FAME-US INC’s charitable and educational work is not detailed within the provided data.
Classification Breakdown
A significant portion of the listed organizations fall under the "Charitable Organization" classification. This broad category encompasses a wide array of activities, including youth development programs, community improvement initiatives, support for specific populations, and religious outreach. "Educational Organizations" are also well-represented, covering areas such as child day care, vocational training, arts education, and literacy programs. Religious organizations, primarily identified as Protestant or Christian, constitute another substantial group. Many organizations hold multiple classifications, indicating a multifaceted approach to their missions.
Financial Data Analysis
The financial data reveals a significant disparity in the reported assets and income among the organizations. The vast majority report minimal financial activity, suggesting reliance on volunteer efforts, in-kind donations, or limited funding sources. Organizations reporting higher asset and income levels, such as BLOOMFIELD URBAN INITIATIVE INC and MLH FOUNDATION, likely have more established funding streams and broader operational capacities. The Form 990 revenue amount provides insight into the organization’s publicly disclosed financial activity, with many reporting $0, indicating limited or no revenue reported through this channel.
Historical Trends in Establishment Dates
The exempt status dates of the organizations offer a glimpse into the historical development of the non-profit sector in Memphis, TN. Organizations with early exempt status dates, such as FAITH HOPE CHARITY CHURCH (November 2000) and GEETER PARK BAPTIST CHURCH (August 1983), demonstrate long-standing community presence. A considerable number of organizations were established in the 1990s and 2000s, reflecting a period of growth in non-profit activity. More recent establishments, like MEMPHIS HOPE AND RESCUE CENTER (November 2016) and MUCH REQUIRED INC (January 2023), indicate ongoing efforts to address emerging community needs.
Geographic Distribution
All organizations listed share a common location: Memphis, TN 38109. While the data does not provide a detailed geographic breakdown within the city, the addresses suggest a dispersed distribution across various neighborhoods. The concentration of organizations in specific areas could indicate targeted efforts to address localized challenges or serve particular communities.
Community Focus Areas
Based on the organization classifications and descriptions, several key community focus areas emerge. These include:
- Youth Development: Numerous organizations prioritize programs and services for children and youth, encompassing sports, education, mentorship, and recreational activities.
- Community Improvement: Several organizations focus on enhancing the quality of life in specific neighborhoods through initiatives such as community development, neighborhood improvement, and capacity building.
- Religious Outreach: A significant number of organizations are affiliated with religious institutions and engage in charitable and social service activities rooted in faith-based principles.
- Education and Literacy: Organizations dedicated to education and literacy provide a range of services, including child day care, vocational training, remedial reading programs, and arts education.
- Human Services: Organizations categorized as providing human services address a variety of needs, including support for specific populations, multipurpose assistance, and advocacy efforts.
Table Summarizing Key Data for Select Organizations
| Organization Name | Classification | Reported Assets | Reported Income | Form 990 Revenue | Exempt Status Date |
|---|---|---|---|---|---|
| FAME-US INC | Charitable, Educational | $1,000 +* | $1 to $1000* | $0* | 08/2016 |
| BLOOMFIELD URBAN INITIATIVE INC | Charitable, Educational | $20,000 +* | $20,000 +* | $20,000 +* | 01/2016 |
| MLH FOUNDATION | Charitable | $50,000 +* | $50,000 +* | $50,000 +* | 06/2022 |
| MEMPHIS INNER-CITY SPORTS COORDINATION | Charitable, Educational | $0* | $0* | $0* | 02/2002 |
| MEMPHIS KWANZAA INTERNATIONAL | Educational, Charitable | $1 to $1000* | $5,000 +* | $5,000 +* | 02/2013 |
Limitations and Further Research
The provided data is limited in scope and detail. It lacks information about the specific programs and services offered by each organization, their target populations, and their impact on the community. Further research would be necessary to gain a comprehensive understanding of the non-profit landscape in Memphis, TN. Accessing Form 990 filings for each organization would provide more detailed financial information and insights into their operations. Investigating the specific activities of FAME-US INC, given its address connection to "Gemstone Way," would be particularly valuable.
Conclusion
The provided dataset offers a snapshot of the diverse range of charitable, educational, and religious organizations operating in Memphis, TN. While the data does not directly relate to gemstones or birthstones, the inclusion of "Gemstone Way" in the address of FAME-US INC provides a tangential connection. The analysis reveals a significant number of organizations with limited financial resources, relying heavily on volunteer efforts and in-kind donations. Further research is needed to fully understand the impact of these organizations on the community and the specific role of FAME-US INC in the local landscape. The data underscores the importance of non-profit organizations in addressing social needs and fostering community development.