MEMORIAL GARDEN ASSOCIATION INC (EIN 581587872) - 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

1984

Legal Domicile

Principal Officer

HOLT MORRISON

Phone

7047882100

Tax Period

2023-01-01 to 2023-12-31

MEMORIAL GARDEN ASSOCIATION INC, founded in 1984, is a small nonprofit that reported $630K in total revenue in fiscal year 2023. Revenue surged 231% from the prior year, signaling strong growth momentum. The organization ran a surplus of $392K, a strong 62% operating margin.

Mission

GARDEN AND CEMETERY MAINTENANCE

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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 (2023)

Revenue Breakdown

Contributions & Grants $362,026

Program Service Revenue $0

Investment Income $233,175

Other Revenue $34,629

TOTAL REVENUE $629,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,131

Other Expenses $237,945

TOTAL EXPENSES $237,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$629,830	$190,482	+2.3%
Expenses	$237,945	$265,295	-0.1%
Net Income	$391,885	$-74,813	-6.2%

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

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
JAMES GARMON	BOARD MEMBER	N/A	Director	$0	$0	$0
CHERYL KELLING	PRESIDENT	N/A	Officer Director	$0	$0	$0
HOLT MORRISON	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
JULIE HOLLAND	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN GARRISON	DIRECTOR	N/A	Director	$0	$0	$0
KAY WALL	SECRETARY	N/A	Officer Director	$0	$0	$0
SUSAN SCHNEIDER	TREASURER	N/A	Officer Director	$0	$0	$0
GEORGE LILES	DIRECTOR	N/A	Director	$0	$0	$0
KAY CHRISTIE	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$629,830	$237,945	$3,870,777	$391,885
2022	$190,482	$265,295	$3,478,667	$-74,813
2021	$506,687	$295,843	$3,552,230	$210,844
2020	$106,905	$194,733	$3,357,831	$-87,828
2019	$515,915	$170,342	$3,429,214	$345,573
2018	$185,283	$157,700	$3,083,641	$27,583

MEMORIAL GARDEN ASSOCIATION INC