Martha & Mary

What it reported doing in 2025

See schedule othe executive management, fundraising and administrative functions provided by martha and mary lutheran services to its subsidiary organizations is critical to the success of the operation of their programs, to the individuals martha and mary organizations serve, and to the greater community. The provision of these functions allows the subsidiary organizations the freedom to focus their resources on the success of their individual missions while at the same time ensuring that these efforts are coordinated to maximize the impact on their constituents and the community.as a consolidated company (all subsidiaries combined), martha and mary is currently one of the largest private employers in the kitsap region; during the past year we employed over 570 people and served approximately 1,130 local citizens. In total, we offer a wide array of programs for children, families, and seniors. These programs are distinguished because of the size of our programs, because of the quality of our programs, and because our programs are offered not just to those with financial means, but also those whose financial situation may have otherwise excluded them from utilizing services essential to their well-being.effective executive management, fundraising and administrative support has helped our programs achieve the following:- we are the largest childcare program in the county associated with long-term care. Bridging generations and enriching lives is part of our local brand. We have received national acclaim for our unique inter-generational programs where we bring children and seniors together in a meaningful and at times inspiring way.- we recognize the importance of work/life balance for our employees. We offer a 40% discount for on-site childcare programs to those employed with martha and mary.- within martha and mary's family of services, we estimate approximately $1.383 million of under-funded care has been provided to those we serve. This makes martha and mary continually stand out as a leader, not only in the region, but also in the state of Washington because of our commitment to ensuring low income seniors and children continue to have significant access to our quality programs. We provide opportunities for educational assistance for entry-level workers to increase their skills and become assistants.- we have a proven track record of adapting to changing needs and being able to partner with other agencies in the community to ensure success for our clients, their families and the greater community. Efforts from many lutheran services stakeholders, including our executive management, fundraising, events planning and grant writing staff have helped martha and mary achieve many significant milestones in our existing operations. However, the real fruit of our effort today is in preparing for future community needs. We are engaged in planning and community coordination efforts to define and offer programs that will be necessary to meet the needs of tomorrow.

Financial Efficiency

• Mission deployment rate: 66.9%; rating input score 67
• Program expense ratio: 87.4%; rating input score 87
• Fundraising efficiency: $14.49 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.2%; rating input score 99; 43rd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 22.5%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 2; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 61; 61st percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings

Growth

• Program expense growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 6.1% per year; rating input score 100; 45th percentile among comparable filings
• Asset growth: 6.2% per year; rating input score 100; 40th percentile among comparable filings