Program areas at LIT
Lite finalist programthe lite finalist program works with high school students on designing entrepreneurial ideas and learning 21st century skills such as problem solving, organization, goal setting, networking, communication, and financial literacy. Students gather customer feedback, create a brand and logo, and implement their project in the community. The program culminates with a demo day where students pitch their ideas to members of the community.
Lite innovation fellows programlite innovation fellows continues the work of the lite finalist program by providing 1 on 1 coaching, internships, and networking for former finalists until the age of 25. Students are coached on how to launch a business, provided with paid internships at high growth startups and are matched with mentors Through networking events. The goals of the program is to prepare students to launch a scalable business by the age of 25.
Who funds Lets Innovate Through Education (LIT)
Grants from foundations and other nonprofits
Personnel at LIT
| Name | Title | Compensation | Date of data |
|---|
| Lakethia Glenn | Former Executive Director | $75,000 | 2022-05-31 |
| Larissa Gregory | Executive Director | $90,000 | 2023-04-26 |
| Scott Notowich | Board Member | $0 | 2022-07-02 |
| Angelica Narvaez | Secretary / Trustee | $0 | 2021-05-31 |
| Marilynn Urquieta | Past Interim Executive Director | $55,577 | 2020-05-31 |
Financials for LIT
| Revenues | FYE 05/2022 | FYE 05/2021 | % Change |
|---|
| Total grants, contributions, etc. | $427,951 | $592,246 | -27.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $993 | $7,413 | -86.6% |
| Total revenues | $428,944 | $599,659 | -28.5% |
Organizations like LIT
| Organization | Type | Location | Revenue |
|---|
| Esperanza | 501(c)(3) | Cleveland, OH | $2,023,703 |
| Changing Expectations Corp | 501(c)(3) | Round Rock, TX | $428,900 |
| Immersion for Spanish Language Acquisition | 501(c)(3) | Chapel Hill, NC | $706,873 |
| CollegeCommunityCareer | 501(c)(3) | Stafford, TX | $432,055 |
| Reframe | 501(c)(3) | Charlotte, NC | $261,716 |
| AISS AISS Foundation Achievement Institute and Achievement Institute of Scientific Studies | 501(c)(3) | Santa Ana, CA | $345,734 |
| Trueschool | 501(c)(3) | New Orleans, LA | $292,112 |
| Up for Learning | 501(c)(3) | Montpelier, VT | $752,432 |
| REACH Memphis | 501(c)(3) | Memphis, TN | $318,276 |
| Indi-Ed Foundation | 501(c)(3) | Saint Petersburg, FL | $509,329 |
Data update history
March 29, 2023
Updated personnel
Identified 1 new personnel
July 2, 2022
Updated personnel
Identified 3 new personnel
September 22, 2021
Received grants
Identified 5 new grant, including a grant for $150,000 from Kresge Foundation August 22, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsEducational service providersCharities
Issues
EducationAfrican AmericansHispanic
Characteristics
Receives government fundingTax deductible donations
General information
- Address
- 2400 Poplar Ave Suite 318
- Memphis, TN 38112
- Metro area
- Memphis, TN-MS-AR
- County
- Shelby County, TN
- Website URL
- litememphis.org/Â
- Phone
- (901) 426-8954
IRS details
- EIN
- 47-2532088
- Fiscal year end
- May
- Taxreturn type
- Form 990
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B90: Educational Services
- NAICS code, primary
- 611710: Educational Support Services
- Parent/child status
- Independent
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