MANATEE MEMORIAL FOUNDATION INC (EIN 650392921) - 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

1991

Legal Domicile

Principal Officer

DESEAR VERNON

Phone

9417457306

Tax Period

2024-09-01 to 2025-08-31

MANATEE MEMORIAL FOUNDATION INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE MANATEE MEMORIAL HOSPITAL FOUNDATION IS TO OFFER SUPPORT TO INDIVIDUALS DIRECTLY OR INDIRECTLY THAT HAVE HEALTH-RELATED SITUATIONS, SUPPORT OTHER NOT-FOR-PROFIT AGENCIES IN REACHING THEIR FULLEST POTENTIAL, AND ASSIST INDIVIDUALS TO OBTAIN THEIR EDUCATIONAL TRAINING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $839,658

Program Service Revenue $0

Investment Income $15,567

Other Revenue $524,413

TOTAL REVENUE $1,379,638

Expense Breakdown

Grants Paid $403,523

Salaries & Benefits $504,425

Fundraising Expenses $735,498

Program Expenses $610,894

Other Expenses $470,437

TOTAL EXPENSES $1,378,385

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,379,638	$1,236,512	+0.1%
Expenses	$1,378,385	$1,231,569	+0.1%
Net Income	$1,253	$4,943	-0.7%

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

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
BODY BRUCE	CHAIRMAN	N/A	Officer Director	$0	$0	$0
RICHARDSON CAROLYN	DIRECTOR/SEC	N/A	Officer Director	$0	$0	$0
LESSER CONNIE	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
REVELS ROBERT	DIRECTOR/TRE	N/A	Officer Director	$0	$0	$0
DESEAR VERNON	CEO	N/A	Officer 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	$1,379,638	$1,378,385	$1,670,363	$1,253
2024	$1,236,512	$1,231,569	$1,662,576	$4,943
2023	$1,218,110	$1,127,876	$1,663,260	$90,234
2022	$1,152,308	$960,723	$1,602,062	$191,585
2021	$1,027,650	$793,353	$1,555,051	$234,297
2020	$818,029	$790,589	$1,419,773	$27,440
2019	$859,535	$777,948	$1,434,135	$81,587

MANATEE MEMORIAL FOUNDATION INC