THE MEMORIAL FOUNDATION (EIN 911022358) - 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

1978

Legal Domicile

Principal Officer

ERIN BLACK

Phone

5095765794

Tax Period

2023-01-01 to 2023-12-31

THE MEMORIAL FOUNDATION, founded in 1978, is a community nonprofit in the Health Care sector that reported $8.3M in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $4.9M, a strong 59% operating margin.

Mission

ADVANCE AND TRANSFORM HEALTHCARE IN YAKIMA.

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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 $7,311,705

Program Service Revenue $0

Investment Income $922,305

Other Revenue $31,059

TOTAL REVENUE $8,265,069

Expense Breakdown

Grants Paid $2,343,797

Salaries & Benefits $720,821

Fundraising Expenses $86,271

Program Expenses $2,434,684

Other Expenses $344,064

TOTAL EXPENSES $3,408,682

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,265,069	$10,308,328	-0.2%
Expenses	$3,408,682	$3,090,316	+0.1%
Net Income	$4,856,387	$7,218,012	-0.3%

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

145

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

$226,057

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEANNE ANTONIO	PRESIDENT	1.00	Officer Director	$0	$0	$0
TRESSA MERCY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
B JEAN PRYOR	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
ROBERT G PRICE	BOARD CHAIRMAN	2.00	Officer Director	$0	$0	$0
DOUG ELLISON	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRUCE HEISER	IMMEDIATE PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
TOM STOKES	EXECUTIVE COMMITTEE MEMBER	1.00	Director	$0	$0	$0
BILL DOLSEN	TRUSTEE	1.00	Director	$0	$0	$0
CAROL M LOUDON	TRUSTEE	1.00	Director	$0	$0	$0
CAROLINE SUNDQUIST	TRUSTEE	1.00	Director	$0	$0	$0
CHERYL SMITH	TRUSTEE	1.00	Director	$0	$0	$0
DR JAMES HAVEN	TRUSTEE	1.00	Director	$0	$0	$0
DR JOCELYN PEDROSA	TRUSTEE	1.00	Director	$0	$0	$0
DR TIMOTHY MELHORN	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER HUNTER	TRUSTEE	1.00	Director	$0	$0	$0
MARIA D CUEVAS	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MOEN	TRUSTEE	1.00	Director	$0	$0	$0
RICK LINNEWEH	TRUSTEE	1.00	Director	$0	$0	$0
WEST H CAMPBELL	TRUSTEE	1.00	Director	$0	$0	$0
DAVID M HARGREAVES	TRUSTEE	1.00	Director	$0	$0	$0
ERIN BLACK	CEO	40.00	Officer	$199,272	$26,785	$226,057

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	$8,265,069	$3,408,682	$29,607,171	$4,856,387
2022	$10,308,328	$3,090,316	$23,513,224	$7,218,012
2021	$5,774,683	$3,354,268	$19,291,688	$2,420,415
2020	$4,430,240	$2,996,062	$15,986,843	$1,434,178
2019	$3,212,852	$3,196,895	$13,061,655	$15,957
2018	$3,162,828	$2,874,121	$11,794,286	$288,707

THE MEMORIAL FOUNDATION