Alzheimers of Glynn Brunswick Inc dba Memory Matters

EIN: 582141802 501(c)(3) Health Care

Brunswick, GA

Total Revenue
$173,184
Total Expenses
$139,992
Total Assets
$299,227
Net Assets
$299,187
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
GA
Principal Officer
Executive Director
Phone
9122640777
Tax Period
2024-01-01 to 2024-12-31

Alzheimers of Glynn Brunswick Inc dba Memory Matters, founded in 1994, is a small nonprofit in the Health Care sector that reported $173K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $33K, a strong 19% operating margin.

Mission

The Mission of Alzheimer's of Glynn/Brunswick, Inc. is to support individuals with Alzheimer's Disease, their caregivers and extended family; to educate the community about Alzheimer's Disease; and to build local support systems for families caring for loved ones with Dementia. The speaker's bureau makes presentations to approximately 500 community members annually. The information and referral telephone line receives at least 250 calls annually.The organization receives 20-30 requests for information through the website annually. The AGB website receives approximately 500 visitors annually.

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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 $108,386
Program Service Revenue $0
Investment Income $27,240
Other Revenue $37,558
TOTAL REVENUE $173,184

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,674
Fundraising Expenses $5,111
Program Expenses $82,660
Other Expenses $48,318
TOTAL EXPENSES $139,992

Year-over-Year Comparison

2024 2023 Change
Revenue $173,184 $155,307 +0.1%
Expenses $139,992 $129,160 +0.1%
Net Income $33,192 $26,147 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
2
Volunteers
30

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
$54,226
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie A Tharpe Executive Dir. 40.00
Officer
$54,226 $0 $54,226
Charlene James Director 1.00
Director
$0 $0 $0
Annsley Felton Director 1.00
Director
$0 $0 $0
Yolanda Neely Director 1.00
Director
$0 $0 $0
Jamie P Clayton Vice President 1.00
Director
$0 $0 $0
Jessica Tanner Director 1.00
Director
$0 $0 $0
John Hartland President 1.00
Director
$0 $0 $0
Billy Copelan Secretary 1.00
Director
$0 $0 $0
Laura Martella Director 1.00
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 $173,184 $139,992 $299,227 $33,192
2023 $155,307 $129,160 $268,403 $26,147
2022 $115,568 $100,563 $287,613 $15,005
2021 $103,789 $62,068 $275,462 $41,721
2020 $91,193 $54,371 $198,415 $36,822
2019 $61,718 $85,632 $178,698 $-23,914
2018 $56,281 $86,202 $180,237 $-29,921
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