Arcadia Memorial Irrev Trust

What it reported doing in 2018

To provide additional services and items of care and comfort not otherwise provided for the benefit of the residents of arcadia residing in the arcadia health care center. The services include entertainment, excursions, transportation, a walk-companion program as well as other personal service such as massages, manicures and pedicures.in march 2017, arcadia retirement residence ("arcadia"), as beneficiary of the trust, submitted a petition to the circuit court of the first circuit of the state of Hawaii for the early termination of the trust. Under the plan of termination, all remaining funds under the trust would be distributed to the arcadia foundation ("foundation") to continue to be administered for the benefit of arcadia. The petition was granted by the court on march 20, 2017. The trust's investments were transferred to the foundation in 2017. All of the trust's remaining assets were transferred to the foundation in february 2018 and the trust was subsequently dissolved.

Financial Efficiency

• Mission deployment rate: 0%; rating input score 0
• Program expense ratio: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
• Major donor itemization: Limited

Sustainability

• Operating margin: Limited
• Total-asset coverage ratio: Limited
• Liabilities to assets ratio: Limited
• Officer compensation ratio: Limited

Growth

• Program expense growth: Limited
• Revenue growth: -14.6% per year; rating input score 0; 20th percentile among comparable filings
• Asset growth: -13.5% per year; rating input score 0; 15th percentile among comparable filings