Memory Care Foundation

Nonprofit profile at a glance

EIN
830873012
IRS 990-EZ coverage
2018–2018
Forms available
Form 990-EZ 2018
Location
Grapevine, TX, USA
Phone
8559636679
Rating confidence
Limited
Sector
Nursing, Convalescent Facilities

Reported finances

Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • TERRY T WARREN (PRESIDENT)
  • ROBERT K BEZZANT (VICE PRESIDENT)

People named in this filing

  • JOHN W BARBEE (DIRECTOR)
  • SHAWN BETTES (DIRECTOR)
  • KRISTINA CANADY (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to improve the lives of those living with alzheimer's and other types of dementia by offering quality housing and compassionate care in a secure, loving, and homelike environment.

What it reported doing in 2018

Supporting quality housing and compassionate care for seniors with alzheimer's and other forms of dementia. The memory care foundation is organized to raise funds exclusively to support the programs and services offered at our memory care communities. We also support low-income and underserved memory-impaired seniors by making available a select number of memory care beds.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

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: 82
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 1 of 1 current checks pass
  • Schedules: 1 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.