MEMORY MATTERS (EIN 582291775) - 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

1997

Legal Domicile

Principal Officer

BRYCE EDWARDS

Phone

8438426688

Tax Period

2023-01-01 to 2023-12-31

MEMORY MATTERS, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 7% surplus.

Mission

CENTER OF EXCELLENCE WHICH PROVIDES BOTH MEMORY CARE AND PROACTIVE BRAIN WELLNESS EDUCATION IN ORDER TO INSTILL A HOPEFUL FUTURE AND ENHANCE OUR COMMUNITY.

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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 $879,185

Program Service Revenue $407,425

Investment Income $89,655

Other Revenue $120,822

TOTAL REVENUE $1,497,087

Expense Breakdown

Grants Paid $75,489

Salaries & Benefits $878,431

Fundraising Expenses $118,448

Program Expenses $1,165,253

Other Expenses $445,420

TOTAL EXPENSES $1,399,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,497,087	$1,222,882	+0.2%
Expenses	$1,399,340	$1,237,941	+0.1%
Net Income	$97,747	$-15,059	-7.5%

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

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

Total Directors

Key Employees

$152,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYCE EDWARDS	PRESIDENT	3.00	Officer Director	$0	$0	$0
KELLEY JEWETT	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
TED ORBAN	TREASURER	2.00	Officer Director	$0	$0	$0
CHEOLSU SHIN	SECRETARY	2.00	Officer Director	$0	$0	$0
GEORGE BAFUNDO	DIRECTOR	1.00	Director	$0	$0	$0
KIM BARETTA	DIRECTOR	1.00	Officer Director	$0	$0	$0
MALCOLM BINKS	DIRECTOR	1.00	Director	$0	$0	$0
PETE DEHEBREARD	DIRECTOR	1.00	Director	$0	$0	$0
TOM LENNOX	DIRECTOR	1.00	Director	$0	$0	$0
JASON LUCKASEVIC	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCCANN	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MINTZ	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA O'NEIL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WEYMOUTH	DIRECTOR	1.00	Director	$0	$0	$0
JILL BARCIKOWSKI-HORNER	EXECUTIVE DI	40.00	Key Emp	$152,500	$0	$152,500

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	$1,497,087	$1,399,340	$3,074,358	$97,747
2022	$1,222,882	$1,237,941	$2,876,200	$-15,059
2021	$1,230,370	$1,178,698	$3,212,948	$51,672
2020	$1,233,161	$1,101,685	$3,085,852	$131,476
2019	$1,315,503	$1,224,970	$2,895,180	$90,533
2018	$1,232,984	$1,268,678	$2,709,757	$-35,694

MEMORY MATTERS