MEMORIAL FOUNDATION INC (EIN 371186034) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

DEBORAH GRAVES

Phone

6182575659

Tax Period

2024-01-01 to 2024-12-31

MEMORIAL FOUNDATION INC, founded in 1985, is a mid-sized nonprofit that reported $15.1M in total revenue in fiscal year 2024. Revenue surged 196% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.5M, a strong 76% operating margin.

Mission

MEMORIAL FOUNDATION,INC. IS COMMITTED TO BUILDING HEALTHY, VIBRANT COMMUNITIES (SEE SCHEDULE O) IN MEMORIAL HOSPITAL'S SERVICE AREA NOW AND FOR GENERATIONS TO COME.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,310

Program Service Revenue $0

Investment Income $14,905,991

Other Revenue $-26,668

TOTAL REVENUE $15,096,633

Expense Breakdown

Grants Paid $3,186,948

Salaries & Benefits $0

Fundraising Expenses $240,766

Program Expenses $3,186,948

Other Expenses $428,682

TOTAL EXPENSES $3,615,630

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,096,633	$5,106,261	+2.0%
Expenses	$3,615,630	$3,083,897	+0.2%
Net Income	$11,481,003	$2,022,364	+4.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,458,354

Total Directors

$962,988

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MCMANUS MICHAEL	PRESIDENT, DIRECTOR TERM 4/24	1.00	Officer Director	$0	$17,533	$495,659
GRAVES DEBORAH	PRESIDENT, DIRECTOR BEG 3/24	1.00	Officer Director	$0	$46,796	$456,008
OLROYD REBECCA	DIRECTOR	1.00	Director	$0	$23	$11,321
BOYER GERI	DIRECTOR	1.00	Director	$0	$0	$0
FORD TYRONE	DIRECTOR	1.00	Director	$0	$0	$0
HARRIS ALAN	DIRECTOR	1.00	Director	$0	$0	$0
HOERING EDWARD	DIRECTOR	1.00	Director	$0	$0	$0
LOWERY CHRISTOPHER	DIRECTOR	1.00	Director	$0	$0	$0
MUELLER ROBERT	DIRECTOR	1.00	Director	$0	$0	$0
REUTER GARRETT	DIRECTOR	1.00	Director	$0	$0	$0
SCHIFFERDECKER PEGGY	DIRECTOR	1.00	Director	$0	$0	$0
VANHOOK ERIC	DIRECTOR	1.00	Director	$0	$0	$0
WILEY GERALD	DIRECTOR	1.00	Director	$0	$0	$0
WELD MARTHA	1ST VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
GUTHRIE GARY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KOESTERER SUSAN	SECRETARY	1.00	Officer	$0	$84,349	$506,687

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
2024	$15,096,633	$3,615,630	$138,707,756	$11,481,003
2023	$5,106,261	$3,083,897	$128,478,111	$2,022,364
2022	$570,990	$2,865,608	$119,936,551	$-2,294,618
2021	$17,553,919	$15,174,044	$139,919,506	$2,379,875
2020	$4,795,666	$6,890,230	$129,559,015	$-2,094,564
2019	$7,974,255	$12,891,936	$134,063,486	$-4,917,681
2018	$7,143,499	$1,048,623	$119,584,081	$6,094,876

MEMORIAL FOUNDATION INC