Dementia Spring Foundation Inc

Nonprofit profile at a glance

EIN
850866749
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Louisville, KY, USA
Phone
3056703370
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Alzheimer's Disease

Reported finances

Revenue
$157,184
Expenses
$124,183
Assets
$58,284
Liabilities
$4,860

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MARC ROTHMAN (PRESIDENT)

People named in this filing

  • MARC ROTHMAN (PRESIDENT)
  • SISI MYINT (DIRECTOR)
  • RYAN CHANGCOCO (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We support visual and performing artists who raise awareness about dementia, and inspire creativity in people living with dementia and alzheimer's disease.

What it reported doing in 2025

Dementa spring provides annual fellowship awards for artists and arts progras that improve the lives of persons living with dementia and alzheimer's disease, and their caregivers. In 2025 we awarded fellowships to 3 artists for their work in dance (magda kaczmarska), film (chista crocker) and improv (sage tokach), and highlighted the work of over 40 other arts programs around the nation.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79%; rating input score 79
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 21%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 9.7% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 34.7% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 79% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $124K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.