MEMORIAL GROUP INC (EIN 371186035) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

ROLAND THOUVENOT

Phone

6182575616

Tax Period

2024-01-01 to 2024-12-31

MEMORIAL GROUP INC, founded in 1985, is a small nonprofit in the Health Care sector that reported $399K in total revenue in fiscal year 2024. Revenue surged 217% from the prior year, signaling strong growth momentum. Expenses of $531K exceeded revenue, resulting in a 33% operating deficit.

Mission

MEMORIAL GROUP, INC. WAS FORMED TO PLAN, DEVELOP, COORDINATE, AND SUPPORT A FULL SERVICE HEALTHCARE SYSTEM FOR IT'S COMMUNITY AND THE SURROUNDING COMMUNITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $399,106

Other Revenue $0

TOTAL REVENUE $399,106

Expense Breakdown

Grants Paid $515,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $515,000

Other Expenses $16,108

TOTAL EXPENSES $531,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$399,106	$126,021	+2.2%
Expenses	$531,108	$107,097	+4.0%
Net Income	$-132,002	$18,924	-8.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH COOK	DIRECTOR	0.25	Director	$0	$0	$0
LARY ECKERT	DIRECTOR	0.25	Director	$0	$0	$0
EDWARD HOERING	DIRECTOR	0.25	Director	$0	$0	$0
LESLIE MEHRTENS	DIRECTOR	0.25	Director	$0	$0	$0
KURT SCHROEDER	DIRECTOR	0.25	Director	$0	$0	$0
JEFFRY LUTZ	SECRETARY, D	0.25	Officer Director	$0	$0	$0
ROLAND THOUVENOT	PRESIDENT/CH	0.25	Officer Director	$0	$0	$0

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	$399,106	$531,108	$3,168,275	$-132,002
2023	$126,021	$107,097	$3,382,542	$18,924
2022	$4,970	$80,887	$3,212,695	$-75,917
2021	$443,492	$289,591	$3,428,869	$153,901
2020	$108,155	$62,675	$3,266,641	$45,480

MEMORIAL GROUP INC