MEMORIAL ENDOWMENT FUND FOR FIRST

EIN: 356034265 501(c)(3) Religion

SOUTH BEND, IN

Total Revenue
$350,754
Total Expenses
$117,986
Total Assets
$521,756
Net Assets
$521,756
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IN
Phone
5742352952
Tax Period
2024-01-01 to 2024-12-31

MEMORIAL ENDOWMENT FUND FOR FIRST, founded in 1984, is a small nonprofit in the Religion sector that reported $351K in total revenue in fiscal year 2024. The organization ran a surplus of $233K, a strong 66% operating margin.

Mission

AID IN SUPPORT OF FIRST PRESBYTERIAN CHURCH OF SOUTH BEND, INDIANA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $320,000
Program Service Revenue $0
Investment Income $30,754
Other Revenue $0
TOTAL REVENUE $350,754

Expense Breakdown

Grants Paid $110,000
Salaries & Benefits $6,136
Fundraising Expenses $0
Program Expenses $110,000
Other Expenses $1,850
TOTAL EXPENSES $117,986

Year-over-Year Comparison

2024 2023 Change
Revenue $350,754 $-2,724 -129.8%
Expenses $117,986 $116,307 +0.0%
Net Income $232,768 $-119,031 -3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
1ST SOURCE BANK TRUSTEE N/A
$6,136 $0 $6,136
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $350,754 $117,986 $521,756 $232,768
2023 $-2,724 $116,307 $288,988 $-119,031
2022 $2,048 $107,321 $408,019 $-105,273
2021 $158,307 $57,784 $513,292 $100,523
2020 $48,528 $114,958 $412,769 $-66,430
2019 $31,061 $274,343 $479,199 $-243,282
2018 $38,675 $264,929 $722,481 $-226,254
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