MEMORIAL GARDENS PARK INC

EIN: 640765152

STARKVILLE, MS

Total Revenue
$92,904
Total Expenses
$116,187
Total Assets
$1,139,379
Net Assets
$1,127,892
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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
1987
Legal Domicile
MS
Principal Officer
WILLIAM OAKLEY
Phone
6626173840
Tax Period
2024-01-01 to 2024-12-31

MEMORIAL GARDENS PARK INC, founded in 1987, is a micro nonprofit that reported $93K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 25% operating deficit.

Mission

CEMETERY

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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 $0
Program Service Revenue $82,580
Investment Income $0
Other Revenue $10,324
TOTAL REVENUE $92,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,654
Fundraising Expenses $0
Program Expenses $35,274
Other Expenses $77,533
TOTAL EXPENSES $116,187

Year-over-Year Comparison

2024 2023 Change
Revenue $92,904 $117,576 -0.2%
Expenses $116,187 $111,394 +0.0%
Net Income $-23,283 $6,182 -4.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
2
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM OAKLEY PRESIDENT N/A
Officer
$0 $0 $0
BOBBY TOMLINSON VICE PRESIDE N/A
Officer
$0 $0 $0
STEVE CORHERN TREASURER N/A
Officer
$0 $0 $0
DONNA KELLY SECRETARY N/A
Officer
$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 $92,904 $116,187 $1,139,379 $-23,283
2023 $117,576 $111,394 $1,219,524 $6,182
2022 $84,739 $64,286 $1,125,639 $20,453
2021 $122,469 $74,452 $1,250,725 $48,017
2020 $110,205 $90,054 $1,168,883 $20,151
2019 $76,615 $78,674 $1,101,012 $-2,059
2018 $87,035 $79,421 $1,041,685 $7,614
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