MEMORIAL EDUCATIONAL FOUNDATION INC (EIN 862587908) - 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

2019

Legal Domicile

Principal Officer

SUSAN BYERS

Phone

5599065862

Tax Period

2023-01-01 to 2023-12-31

MEMORIAL EDUCATIONAL FOUNDATION INC, founded in 2019, is a micro nonprofit in the Education sector that reported $82K in total revenue in fiscal year 2023. Revenue surged 1474% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 1170% operating deficit.

Mission

FUNDRAISE AND DISTRIBUTE FUNDS FOR CATHOLIC EDUCATION IN THE SAN JOAQUIN VALLEY.

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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 $55,000

Program Service Revenue $0

Investment Income $27,324

Other Revenue $0

TOTAL REVENUE $82,324

Expense Breakdown

Grants Paid $1,045,650

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,045,650

Other Expenses $40

TOTAL EXPENSES $1,045,690

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,324	$5,229	+14.7%
Expenses	$1,045,690	N/A	N/A
Net Income	$-963,366	$5,229	-185.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF PERRACHI	PRESIDENT	5.00	Director	$0	$0	$0
SUSAN BYERS	SECRETARY	5.00	Director	$0	$0	$0
DOUG SAMPSON	TREASURER	5.00	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	No data	No data	No data	No data
2023	$82,324	$1,045,690	$61,936	$-963,366
2022	$5,229	No data	$1,025,302	No data
2021	$1,020,673	$600	$1,020,073	$1,020,073

MEMORIAL EDUCATIONAL FOUNDATION INC