Shield INC FY2020 filing

IRS exemption revoked

Memphis, TNUnknown exempt organization EIN 62-1669293Revenue $306K in FY2020Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSshieldmidsouth.orgMemphis, TN

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Building stable lives for persons with emotional and physical challenges in the mississppi delta.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 62-1669293) · Dispute this line
85¢ of each $1 spent went to programs.
$53K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $21K a year · 6% of revenue · last 4 filings
A surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$53K
to officers and key staff · 16% of spending
Pay to officers and key staff is 16% of spending.
Part VII, Section A
1.7 mo
of spending, in cash
1.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$397K
69% of total assets
Liabilities are 69% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$306K
-12% vs prior year
Spent
$330K
To programs
85%
Net assets
$178K
By yearFY2019–FY2022
Revenue
$306K
FY2020▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2019$347K
FY2020$306K
FY2021$378K
FY2022$340K
Expenses
$330K
FY2020▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2019$353K
FY2020$330K
FY2021$387K
FY2022$386K
Net assets
$178K
FY2020▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2019$202K
FY2020$178K
FY2021$168K
FY2022$122K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on November 15, 2025
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $280K Management & general 15% · $51K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $53K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$52,800Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020FY2019
Valerie Bobo$52,800$52,800$52,800$52,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Shield INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps people with challenges build stable lives in the Mississippi Delta.

Questions for Shield INC

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2 programs · $280K · in their own filed words · FY2019
01

Provide permanent housing for chronically homeless, mentally ill, and dual diagnosed individuals and veterans. We also provide outreach to homeless individuals on the street and case management for homeless individuals in our permanent housing program.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 62-1669293) · Dispute this line
$280Kprogram expense
02

Provided case management for homeless families and homeless individuals.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 62-1669293) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $81K · 2018–2021
Unitemized GrantFY2021$13,364
Unitemized GrantFY2020$14,654
Unitemized GrantFY2019$12,387
Unitemized GrantFY2018$40,564

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$306K
Ln 12
Gifts and grantsLn 1h$275K
Fees for servicesLn 2g$29K
Other incomeLn 4–11$3K
Money outPt IX
$330K
Ln 25
Programscol B$280K
Managementcol C$51K
Owns and owesPt X
$178K
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$575K
LiabilitiesLn 26$397K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$275K
Government grantsLn 1e$258K
Fees for servicesLn 2g$29K
Other incomeLn 4–11$3K
Total revenueLn 12$306K
Assets in detailPt X, end of year
CashLn 1$46K
SavingsLn 2$485
Cash and savings togetherLn 1–2$46K
Pledges and grants receivableLn 3$62K
Prepaid expenses and deferred chargesLn 9$400
Land, buildings, equipmentLn 10c$466K
Total assetsLn 16$575K
LiabilitiesLn 26$397K
Net assetsLn 32$178K
OperationsPt I, VI
EmployeesI 57
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$67K$46K
Land, buildings, equipmentLn 10c$500K$466K
Total assetsLn 16$619K$575K
LiabilitiesLn 26$417K$397K
Net assetsLn 32$202K$178K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$12K$12K
Pay of officers and key staff (Part IX, line 5)Ln 5$53K$32K$21K
Other salaries and wagesLn 7$35K$35K
Other employee benefitsLn 9$13K$13K
Payroll taxesLn 10$14K$11K$3K
Legal feesLn 11b$103$103
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$75$75
Office expensesLn 13$2K$827$1K
OccupancyLn 16$18K$18K
TravelLn 17$8K$8K
Depreciation, depletion and amortizationLn 22$34K$34K
InsuranceLn 23$26K$16K$11K
Other expenses (24a–d)Ln 24$100K$100K
All other expensesLn 24e$3K$305$2K
Total functional expensesLn 25$330K$280K$51K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS May 15, 2023 $340K$386K−$46K$122K 990 PDF
FY2021Filed with the IRS May 16, 2022 $378K$387K−$9K$168K 990 PDF
FY2020 ViewingFiled with the IRS Nov 29, 2021 $306K$330K−$24K$178K 990 PDF
FY2019Filed with the IRS Sep 9, 2021 $347K$353K−$6K$202K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $306,464 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $278,149$274,694
I-9 Program service revenuePrior year $32,255$28,964
I-10 Investment incomePrior year $8$0
I-11 Other revenuePrior year $36,451$2,806
I-12 Total revenuePrior year $346,863$306,464
I-13 Grants and similar amounts paidPrior year $40,564$12,387
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $124,890$114,791
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $187,868$203,316
I-18 Total expensesPrior year $353,322$330,494
I-19 Revenue less expensesPrior year −$6,459−$24,030
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $306,464 across 7 lines filed
VIII-1e Government grants$258,088
VIII-1f All other contributions, gifts and grants$16,606
VIII-1h Total contributions, gifts and grants$274,694
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $28,964$28,964
VIII-6 Net rental income or lossRelated to mission $2,634$2,634
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $172$172
VIII-12 Total revenueRelated to mission $31,770 · Unrelated business $0 · Excluded from tax $0$306,464
Part IX · Statement of functional expenses $330,494 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $12,387$12,387
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $31,680 · Management $21,120$52,800
IX-7 Other salaries and wagesPrograms $35,325$35,325
IX-9 Other employee benefitsPrograms $12,601$12,601
IX-10 Payroll taxesPrograms $10,694 · Management $3,371$14,065
IX-11b Legal feesManagement $103$103
IX-11c Accounting feesManagement $12,170$12,170
IX-11g Other fees for servicesManagement $75$75
IX-13 Office expensesPrograms $827 · Management $1,241$2,068
IX-16 OccupancyPrograms $18,290$18,290
IX-17 TravelPrograms $7,883$7,883
IX-22 Depreciation, depletion and amortizationPrograms $33,517$33,517
IX-23 InsurancePrograms $15,790 · Management $10,526$26,316
IX-24 Other expenses (24a–d)Programs $100,343$100,343
IX-24e All other expensesPrograms $305 · Management $2,246$2,551
IX-25 Total functional expensesPrograms $279,642 · Management $50,852 · Fundraising $0$330,494
Part X · Balance sheet $574,862 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $66,232$45,793
X-2 Savings and temporary cash investmentsStart of year $485$485
X-3 Pledges and grants receivableStart of year $52,176$62,064
X-9 Prepaid expenses and deferred chargesStart of year $400$400
X-10c Land, buildings and equipment, netStart of year $499,637$466,120
X-16 Total assetsStart of year $618,930$574,862
X-17 Accounts payable and accrued expensesStart of year $91,782$79,324
X-24 Unsecured notes and loans payableStart of year $324,949$317,369
X-26 Total liabilitiesStart of year $416,731$396,693
X-27 Net assets without donor restrictionsStart of year $202,199$178,169
X-32 Total net assets or fund balancesStart of year $202,199$178,169
X-33 Total liabilities and net assetsStart of year $618,930$574,862
Part XI · Reconciliation of net assets $178,169 net assets at year end
XI-1 Total revenue$306,464
XI-2 Total expenses$330,494
XI-3 Revenue less expenses−$24,030
XI-4 Net assets at start of year$202,199
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$178,169

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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