Nonprofit screen
Screen a listThe Memorial Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$1.6Mrevenue
FY2024 · −56% in 3 yrs3staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−4.4%
Months of reserve7.2mo
Revenue growth (annualized)+24.1%
Middle half of peersMedianMemorial
Where the money goes FY2024 · $1.7M spent
Programs$1.2M72%Management and general$319k19%Fundraising$160k9%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2021
Centene Foundation gave $500k in FY2021, 13% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$355k in FY2023 and −$72k in FY2024. Cash covers 7.2 months, above the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
10 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 24% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort26funders
$772ka year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23Centene FoundationOn and off$500kFord PhilanthropySince FY2019$25k$25k$125k$130k$75kSouthern Company Charitable Foundation IncOn and off$250kPvh Foundation IncStopped after FY2022$50k$100k$50k–Alpha Phi Alpha Fraternity IncOn and off$100k$100kWalton Family Foundation IncOn and off$100kDonor-advised giftsDonors not disclosed$50k$229k$210k12 other fundersUp to $100k a year each$125$30k$10k$240k$83k$26k
FundedThrough a donor-advised fundStopped