MARINES' MEMORIAL ASSOCIATION

🔒

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

1946

Legal Domicile

Principal Officer

LT GEN MICHAEL ROCCO US

Phone

4156736672

Tax Period

2024-07-01 to 2025-06-30

MARINES' MEMORIAL ASSOCIATION, founded in 1946, is a mid-sized nonprofit that reported $12.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

HONOR THE LEGACY OF MILITARY SERVICE THROUGH A LIVING MEMORIAL AND PROGRAMS THAT COMMEMORATE THE SACRIFICES OF OUR NATION'S VETERANS, EDUCATE THE PUBLIC ABOUT THOSE SACRIFICES, AND SERVE VETERANS OF ALL ERAS, CURRENTLY SERVING MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

GOLD STAR PARENTS HONOR AND REMEMBRANCE EVENT:IN FEBRUARY, THE ASSOCIATION HOSTED THE ANNUAL GOLD STAR PARENTS HONOR AND REMEMBRANCE EVENT, WHICH PROVIDED A COMPASSIONATE ENVIRONMENT FOR FAMILIES WHO HAVE LOST LOVED ONES IN MILITARY SERVICE. OVER 150 PARENTS AND CHILDREN ATTENDED THIS TWO-DAY PROGRAM, WHICH FEATURED REMEMBRANCE CEREMONIES, PEER SUPPORT ACTIVITIES, AND ACCESS TO GRIEF COUNSELING. THE EVENT CONTINUES TO STRENGTHEN THE COMMUNITY OF GOLD STAR FAMILIES AND ENSURES THAT THEIR LOVED ONES' SACRIFICES ARE NEVER FORGOTTEN.

Program 2

SCHOLARSHIP PROGRAM:THE MARINES' MEMORIAL SCHOLARSHIP PROGRAM SUPPORTS THE EDUCATIONAL GOALS OF VETERANS, ACTIVE-DUTY SERVICE MEMBERS, AND THEIR FAMILIES. IN FISCAL YEAR 2025, THE ASSOCIATION AWARDED 48 SCHOLARSHIPS TOTALING MORE THAN $150,000 TO DESERVING STUDENTS ACROSS THE UNITED STATES. THESE SCHOLARSHIPS REFLECT OUR ONGOING COMMITMENT TO INVEST IN THE FUTURE OF THOSE WHO HAVE SERVED AND THEIR FAMILIES.

Program 3

COMMEMORATIVE AND EDUCATIONAL PROGRAMMING:MARINES' MEMORIAL HOSTED A ROBUST CALENDAR OF COMMEMORATIVE AND EDUCATIONAL EVENTS THROUGHOUT FISCAL YEAR 2025. THE MARINES' MEMORIAL LECTURE SERIES FEATURED DISTINGUISHED AUTHORS AND SPEAKERS, AND TWO LEADING FROM THE FRONT PRESENTATIONS, INCLUDING: (1) LTCOL (RET) ISAAC "WHISKEY" LEE - SEPT. 2024, (2) ANDREW BIGGIO - OCT. 2024, (3) DARREN WALTON - FEB. 2025, (4) BARRY PENCEK - MARCH 2025, (5) LEE PARRISH AND JOSEPH TACHOVSKY - MAY 2025, (6) MARINE GYSGT MAXAMILLIAN DUTTON - APRIL 2025, AND (7) ARMY COLONEL JAMES HANDURA - JUNE 2025.THESE LECTURES AND PROGRAMS CONTINUED OUR MISSION TO EDUCATE, INSPIRE, AND HONOR SERVICE THROUGH LECTURE, DIALOGUE, AND STORYTELLING.

🔒

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 $4,702,067

Program Service Revenue $6,429,397

Investment Income $56,301

Other Revenue $845,273

TOTAL REVENUE $12,033,038

Expense Breakdown

Grants Paid $152,000

Salaries & Benefits $7,749,232

Fundraising Expenses $0

Other Expenses $4,699,907

TOTAL EXPENSES $12,720,091

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,033,038	$10,176,332	+0.2%
Expenses	$12,720,091	$12,796,588	0.0%
Net Income	$-687,053	$-2,620,256	-0.7%

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

122

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

$569,815

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LTGEN EDWARD HANLONUSMCRET	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ADAM FAUL	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
RYAN SMITH	SECRETARY	2.00	Officer Director	$0	$0	$0
MATTHEW J CARROLL	DIRECTOR	2.00	Director	$0	$0	$0
MIKE CERRE	DIRECTOR	2.00	Director	$0	$0	$0
VADM MICHAEL J DUMONTUSNRET	DIRECTOR	2.00	Director	$0	$0	$0
CARL EBERLING	DIRECTOR	2.00	Director	$0	$0	$0
LTCOL DANA GEMMINGENUSMC	DIRECTOR	2.00	Director	$0	$0	$0
J BARRIE GRAHAMUSMC	DIRECTOR	2.00	Director	$0	$0	$0
JAKE HARRIMAN	DIRECTOR	2.00	Director	$0	$0	$0
COL WILLIAM HOOPERUSMC	DIRECTOR	2.00	Director	$0	$0	$0
DESIREE KOHNEN	DIRECTOR	2.00	Director	$0	$0	$0
NINA LESLIE	DIRECTOR	2.00	Director	$0	$0	$0
LTCOL ALEXANDER MARTINUSMCR	DIRECTOR	2.00	Director	$0	$0	$0
DAN MORSE	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN O'BRIEN	DIRECTOR	2.00	Director	$0	$0	$0
LTCOL THOMAS ROBERTSONUSAFRET	DIRECTOR	2.00	Director	$0	$0	$0
ANN WEEBY	DIRECTOR	2.00	Director	$0	$0	$0
COL ROBERT BARNHARTUSMC	MILITARY ADVISOR	2.00	Director	$0	$0	$0
COL R ERIK HERRMANNUSMC	MILITARY ADVISOR	2.00	Director	$0	$0	$0
COL JASON PERRYUSMC	MILITARY ADVISOR	2.00	Director	$0	$0	$0
LTGEN MICHAEL ROCCOUSMCRET	PRESIDENT & CEO	38.00	Officer	$294,622	$15,860	$310,482
MICHAEL ALLEN	GENERAL MANAGER & CFO	38.00	Officer	$235,291	$24,042	$259,333
CELESTE REPSHER	HUMAN RESOURCES DIRECTOR	40.00	Highest	$142,406	$24,958	$167,364
CHRISTOPHER TAVUCHIS	VETERANS MARKETING DIRECTOR	40.00	Highest	$139,297	$14,146	$153,443
ANNE WALKER	IT DIRECTOR	40.00	Highest	$157,082	$22,515	$179,597
JULIE DANIELE	DIRECTOR OF BANQUETS	40.00	Highest	$119,417	$12,396	$131,813
CRISTINA ORENDAIN	SALES DIRECTOR	40.00	Highest	$146,371	$17,642	$164,013

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	$12,033,038	$12,720,091	$9,690,130	$-687,053
2024	$10,176,332	$12,796,588	$9,581,631	$-2,620,256
2023	$10,221,291	$12,467,788	$12,061,304	$-2,246,497
2022	$12,603,653	$9,858,483	$13,712,707	$2,745,170
2021	$4,061,396	$6,909,108	$14,573,422	$-2,847,712
2020	$13,333,969	$14,586,743	$15,275,394	$-1,252,774
2019	$16,077,184	$16,820,902	$16,657,823	$-743,718