Civic Intelligence

Memorial Foundation Inc

EIN 62-1202302 • 501(c)3 • Madison, TN

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Profile

The memorial foundation mission is to improve the quality of life for people through support to nonprofit organizations. The foundation responds to diverse community needs, assisting agencies that focus on: health, human and social services, education, senior citizens, youth and children, community services, and substance abuse programs.

855 Skyline Ridge DriveMadison, TN 37115

www.memfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.14x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

9th percentile

-20%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

32nd percentile

$327,675

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2018

Asset Growth

22nd percentile

-1.0%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-33%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$135,065,021

Down $1,364,292 (-1.0%) from 2023

Liabilities

Down

$755,191

Down $317,418 (-30%) from 2023

Net Assets

Down

$134,309,830

Down $1,046,874 (-0.8%) from 2023

Operations
Liabilities / Revenue22nd percentileNet Margin9th percentile

Revenue

Down

$5,276,337

Down $2,589,064 (-33%) from 2023

Expenses

Down

$6,348,865

Down $929,463 (-13%) from 2023

Net Income

Down

-$1,072,528

Down $1,659,601 (-283%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2011: $139,648,607Liabilities 2011: $1,954,112Net Assets 2011: $137,694,4952011Assets 2012: $142,774,767Liabilities 2012: $1,084,091Net Assets 2012: $141,690,6762012Assets 2013: $150,975,285Liabilities 2013: $1,309,535Net Assets 2013: $149,665,7502013Assets 2014: $146,960,097Liabilities 2014: $1,081,053Net Assets 2014: $145,879,0442014Assets 2015: $134,599,024Liabilities 2015: $1,197,119Net Assets 2015: $133,401,9052015Assets 2016: $134,039,299Liabilities 2016: $430,527Net Assets 2016: $133,608,7722016Assets 2017: $143,267,692Liabilities 2017: $599,186Net Assets 2017: $142,668,5062017Assets 2018: $129,549,973Liabilities 2018: $677,091Net Assets 2018: $128,872,8822018Assets 2019: $137,679,502Liabilities 2019: $379,897Net Assets 2019: $137,299,6052019Assets 2020: $135,627,067Liabilities 2020: $275,739Net Assets 2020: $135,351,3282020Assets 2021: $144,950,295Liabilities 2021: $1,093,764Net Assets 2021: $143,856,5312021Assets 2022: $128,755,477Liabilities 2022: $842,402Net Assets 2022: $127,913,0752022Assets 2023: $136,429,313Liabilities 2023: $1,072,609Net Assets 2023: $135,356,7042023Assets 2024: $135,065,021Liabilities 2024: $755,191Net Assets 2024: $134,309,8302024

Highlighted filing

2024

Assets$135,065,021
Liabilities$755,191
Net Assets$134,309,830
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $3,453,848Expenses 2011: $8,799,842Net Income 2011: -$5,345,9942011Revenue 2012: $9,046,358Expenses 2012: $9,055,788Net Income 2012: -$9,4302012Revenue 2013: $8,154,798Expenses 2013: $10,356,570Net Income 2013: -$2,201,7722013Revenue 2014: $11,656,343Expenses 2014: $9,609,832Net Income 2014: $2,046,5112014Revenue 2015: $8,480,111Expenses 2015: $10,556,722Net Income 2015: -$2,076,6112015Revenue 2016: $3,949,575Expenses 2016: $7,791,915Net Income 2016: -$3,842,3402016Revenue 2017: $4,832,484Expenses 2017: $8,372,392Net Income 2017: -$3,539,9082017Revenue 2018: $6,898,885Expenses 2018: $8,330,485Net Income 2018: -$1,431,6002018Revenue 2019: $4,807,992Expenses 2019: $7,795,258Net Income 2019: -$2,987,2662019Revenue 2020: $4,079,307Expenses 2020: $7,767,924Net Income 2020: -$3,688,6172020Revenue 2021: $26,657,914Expenses 2021: $8,897,845Net Income 2021: $17,760,0692021Revenue 2022: $10,339,105Expenses 2022: $8,664,985Net Income 2022: $1,674,1202022Revenue 2023: $7,865,401Expenses 2023: $7,278,328Net Income 2023: $587,0732023Revenue 2024: $5,276,337Expenses 2024: $6,348,865Net Income 2024: -$1,072,5282024

Highlighted filing

2024

Revenue$5,276,337
Expenses$6,348,865
Net Income-$1,072,528
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$135,065,021
Liabilities
$755,191
Net assets
$134,309,830
Revenue
$5,276,337
Expenses
$6,348,865
Net income
-$1,072,528
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$135$0.76$134$5.28$6.35$1.07
2023Detailed filing. Detailed filing data is available for this year.$136$1.07$135$7.87$7.28$0.59
2022Detailed filing. Detailed filing data is available for this year.$129$0.84$128$10.3$8.66$1.67
2021Detailed filing. Detailed filing data is available for this year.$145$1.09$144$26.7$8.90$17.8
2020Detailed filing. Detailed filing data is available for this year.$136$0.28$135$4.08$7.77$3.69
2019Detailed filing. Detailed filing data is available for this year.$138$0.38$137$4.81$7.80$2.99
2018Detailed filing. Detailed filing data is available for this year.$130$0.68$129$6.90$8.33$1.43
2017Detailed filing. Detailed filing data is available for this year.$143$0.60$143$4.83$8.37$3.54
2016Detailed filing. Detailed filing data is available for this year.$134$0.43$134$3.95$7.79$3.84
2015Detailed filing. Detailed filing data is available for this year.$135$1.20$133$8.48$10.6$2.08
2014Detailed filing. Detailed filing data is available for this year.$147$1.08$146$11.7$9.61$2.05
2013Summary only. Only limited summary data is available for this year.$151$1.31$150$8.15$10.4$2.20
2012Summary only. Only limited summary data is available for this year.$143$1.08$142$9.05$9.06$0.01
2011Summary only. Only limited summary data is available for this year.$140$1.95$138$3.45$8.80$5.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Mission and Program Overview

Mission

The memorial foundation mission is to improve the quality of life for people through support to nonprofit organizations. The foundation responds to diverse community needs, assisting agencies that focus on: health, human and social services, education, senior citizens, youth and children, community services, and substance abuse programs.

Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT S PERRYPresidentFT$320,282-$320,282
JACKSON ROUTHVice Pres, Programs And GrantsFT$199,406-$199,406
DAVID E MCKEEChair-$0--
VARINA F BUNTINVice Chair-$0--
ALFONZO ALEXANDERSecretary-$0--
FRANK E GORDONDirector-$0--
FRANK GRACE JRDirector-$0--
SHANNA L JACKSONDirector-$0--
BETH LITTLEDirector-$0--
KIM CRANE MALLORYDirector-$0--
MELVIN J MALONEDirector-$0--
WILL MORROWDirector-$0--
GEORGE C PAINE IIDirector-$0--
J EDWARD PEARSON JRDirector-$0--
EDDIE PHILLIPSDirector-$0--
EMILY PRUETTDirector-$0--
GINI PUPO-WALKERDirector-$0--
V SEENU REDDYDirector-$0--
BARBARA SPRINGERDirector-$0--
I MICHELE WILLIAMSDirector-$0--
FLEMING WILTDirector-$0--
FRANK M BUMSTEADTrustee Emeritus-$0--
DREW R MADDUX SRTrustee Emeritus-$0--
JO SANDERSTrustee Emeritus-$0--
Filing and Contact Details

Filer

Filer Name
Memorial Foundation Inc
EIN
62-1202302
Phone
6158229499
Address
855 SKYLINE RIDGE DRIVE, MADISON, TN 37115

Signing Officer

Name
Scott Perry
Title
President
Phone
6158229499
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
555 GREAT CIRCLE ROAD, NASHVILLE, TN 37228
Preparer
Sandra L Long
Phone
6152427351
Raw XML AppendixShowing 400 of 2,283 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt140.10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt150.10
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm6FRANK GRACE JR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm7SHANNA L JACKSON
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm9KIM CRANE MALLORY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm10MELVIN J MALONE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm12GEORGE C PAINE II
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm13J EDWARD PEARSON JR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm14EDDIE PHILLIPS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm15EMILY PRUETT
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm18BARBARA SPRINGER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm19I MICHELE WILLIAMS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm20FLEMING WILT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm21FRANK M BUMSTEAD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm22DREW R MADDUX SR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm23JO SANDERS
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1VICE PRES, PROGRAMS AND GRANTS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2CHAIR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3VICE CHAIR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt4SECRETARY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt5DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt6DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt7DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt8DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt9DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt10DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt11DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt12DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt13DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt14DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt15DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt16DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt17DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt18DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt19DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt20DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt21TRUSTEE EMERITUS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt22TRUSTEE EMERITUS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt23TRUSTEE EMERITUS
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt21855 SKYLINE RIDGE DRIVE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm3MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm4MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm5MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm6MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm7MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm8MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm9MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm10MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm11MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm12MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm13MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm14MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm15MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm16MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm17MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm18MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm19MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm20MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm21MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm22MADISON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm23MADISON

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