Marines' Memorial Association
Nonprofit profile at a glance
- EIN
- 941055967
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4156736672
- Rating confidence
- Limited
Reported finances
- Revenue
- $12,033,038
- Expenses
- $12,720,091
- Assets
- $9,690,130
- Liabilities
- $9,899,206
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- LTGEN MICHAEL ROCCOUSMCRET (PRESIDENT & CEO)
Highest reported compensation
- LTGEN MICHAEL ROCCOUSMCRET (PRESIDENT & CEO): $310,482 total reported compensation
- MICHAEL ALLEN (GENERAL MANAGER & CFO): $259,333 total reported compensation
- ANNE WALKER (IT DIRECTOR): $179,597 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 75
- Accountability: 100
- Sustainability: 18
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.7%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 1.02; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 10.7%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.4% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $310K · 28 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $184K reported
- Consistency: 14 of 14 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 18/100.