AVE MARIA FOUNDATION OF MEMPHIS INC

🔒

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

2000

Legal Domicile

Principal Officer

EMMANUEL WILSON

Phone

9013863211

Tax Period

2024-07-01 to 2025-06-30

AVE MARIA FOUNDATION OF MEMPHIS INC, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $954K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $779K, a strong 82% operating margin.

Mission

SUPPORT OF AVE MARIA HOME, INC., A NOT-FOR-PROFIT HEALTH CARE COMPLEX CONSISTING OF A 100 BED INTERMEDIATE CARE NURSING HOME AND A 61 BED ASSISTED LIVING FACILITY.

Program Service Accomplishments

Program 1

SUPPORT OF AVE MARIA HOME, INC., A NOT-FOR-PROFIT HEALTH CARE COMPLEX CONSISTING OF A 100 BED INTERMEDIATE CARE NURSING HOME AND A 61 BED ASSISTED LIVING FACILITY.

🔒

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 $900,665

Program Service Revenue $0

Investment Income $11,430

Other Revenue $42,017

TOTAL REVENUE $954,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,695

Fundraising Expenses $0

Other Expenses $4,421

TOTAL EXPENSES $175,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$954,112	$1,419,164	-0.3%
Expenses	$175,116	$176,208	0.0%
Net Income	$778,996	$1,242,956	-0.4%

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

$277,638

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG HOFER	CFO	1.00	Officer	$0	$12,333	$147,674
PATRICK TAYLOR	CEO	1.00	Officer	$0	$738	$129,964
JOE EVANGELISTI	PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM MCMAHON	TREASURER	1.00	Officer Director	$0	$0	$0
EMMANUEL WILSON	SECRETARY	1.00	Officer Director	$0	$0	$0
GREG COSTA	MEMBER	1.00	Director	$0	$0	$0
MAURICE BURING	MEMBER	1.00	Director	$0	$0	$0
BILL LUCCHESI	MEMBER	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
2025	$954,112	$175,116	$8,896,067	$778,996
2024	No data	No data	No data	No data
2023	$767,307	$240,260	$6,845,749	$527,047
2022	$474,714	$354,883	$6,440,707	$119,831
2021	$353,501	$344,417	$6,528,307	$9,084
2020	$284,680	$341,353	$6,367,184	$-56,673
2019	$231,326	$94,822	$6,462,522	$136,504