George Floyd Memorial Foundation

Charlotte, NCUnknown exempt organizationEIN 85-2280701

We honor George Floyds legacy by uniting and activating our communities to challenge the root causes of racial inequity and end the systemic violence affecting Black Americans.

66¢ of each $1 spent went to programs.
Run by 20 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $6K a year · 1% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$41K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Named funders
1
named funder · $50
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$193K
-76% vs prior year
Spent
$748K
To programs
66%
Net assets
$0
By yearFY2020–FY2022
Revenue
$193K
FY2022▼ -76%
Revenue by fiscal year
FY2020$302K
FY2021$807K
FY2022$193K
Expenses
$748K
FY2022▲ +60%
Expenses by fiscal year
FY2020$69K
FY2021$468K
FY2022$748K
Net assets
$0
FY2022▼ -100%
Net assets by fiscal year
FY2020$233K
FY2021$532K
FY2022$0

From the FY2022 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $492K Management & general 34% · $256K

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

Who runs it and what they're paid

8 people listed on the 990; $41K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$40,677Pt VII · Sec A
$0Pt VII · Sec A
President/Bo
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2020
Jacari Harris$40,677—
Carry Wright—$19,333

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.

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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 15aNo

Programs and updates

Uniting communities to challenge racial inequity and end systemic violence against Black Americans.

Provided by the organization

This section is blank until George Floyd Memorial Foundation claims this page.

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1 program service, described in the organization's own filed words · FY2022.
01

Fair legal system-scholarship program given to receipients of criminal justice majors, and law school students.

Pt IX · col B

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$50
Grants paid · 5 grants · $254K · 2022–2022
Unitemized GrantFY2022$193,360
Unitemized GrantFY2022$45,000
Unitemized GrantFY2022$7,500
Greater Works Christian FellowshipFY2022$7,500
Unitemized GrantFY2022$595

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$193K
Ln 12
Gifts and grantsLn 1h$153K
Fees for servicesLn 2g$40K
Money outPt IX
$748K
Ln 25
Programscol B$492K
Managementcol C$256K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$153K
Fees for servicesLn 2g$40K
Total revenueLn 12$193K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Total assetsLn 16$555K$0
LiabilitiesLn 26$0$0
Net assetsLn 32$555K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Grants to domestic individualsLn 2$246K$246K
Other salaries and wagesLn 7$41K$41K
Payroll taxesLn 10$3K$3K
Management feesLn 11a$186K$186K
Legal feesLn 11b$20K$20K
Accounting feesLn 11c$30K$30K
Other fees for servicesLn 11g$156K$156K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$8K$8K
TravelLn 17$27K$1K$26K
Conferences, conventions and meetingsLn 19$8K$8K
Depreciation, depletion and amortizationLn 22$9K$9K
Total functional expensesLn 25$748K$492K$256K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $193K$748K−$555K$0 990 PDF
FY2021 $807K$468K$339K$532K 990 PDF
FY2020 $302K$69K$233K$233K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $192,822 across 4 lines filed
VIII-1f All other contributions, gifts and grants$153,121
VIII-1h Total contributions, gifts and grants$153,121
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $39,701$39,701
VIII-12 Total revenueRelated to mission $39,701$192,822
Part IX · Statement of functional expenses $748,144 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $7,500$7,500
IX-2 Grants to domestic individualsPrograms $246,455$246,455
IX-7 Other salaries and wagesManagement $40,677$40,677
IX-10 Payroll taxesManagement $3,161$3,161
IX-11a Management feesManagement $186,345$186,345
IX-11b Legal feesPrograms $19,727$19,727
IX-11c Accounting feesPrograms $30,248$30,248
IX-11g Other fees for servicesPrograms $155,704$155,704
IX-12 Advertising and promotionPrograms $6,245$6,245
IX-13 Office expensesPrograms $8,460$8,460
IX-17 TravelPrograms $1,067 · Management $26,049$27,116
IX-19 Conferences, conventions and meetingsPrograms $7,664$7,664
IX-22 Depreciation, depletion and amortizationPrograms $8,842$8,842
IX-25 Total functional expensesPrograms $491,912 · Management $256,232 · Fundraising $0$748,144
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $555,322$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $555,322$0
X-33 Total liabilities and net assetsStart of year $555,322$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$192,822
XI-2 Total expenses$748,144
XI-3 Revenue less expenses−$555,322
XI-4 Net assets at start of year$555,322
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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