Civic Intelligence

Marines' Memorial Association

990 • Fiscal year 2015 • EIN 94-1055967

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 12, 2015

609 Sutter St Suite 2MSan Francisco, CA 94102

(415) 673-6672

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.30x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.35x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • $10M-$25M nonprofits • Source year 2015

Net Margin

22nd percentile

-7.0%

Higher net margin than 22% of similar nonprofits.

2015 filings • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

75th percentile

$252,112

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • $10M-$25M nonprofits • Source year 2015

Asset Growth

83rd percentile

14%

Faster asset growth than 83% of similar nonprofits.

2015 filings • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

48th percentile

2.1%

Faster revenue growth than 48% of similar nonprofits.

2015 filings • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$15,245,709

Up $1,855,703 (+14%) from 2014

Net Assets

Down

$10,607,380

Down $902,446 (-7.8%) from 2014

Liabilities

Up

$4,638,329

Up $2,758,149 (+147%) from 2014

Revenue

Up

$13,252,446

Up $276,822 (+2.1%) from 2014

Expenses

Up

$14,186,050

Up $919,696 (+6.9%) from 2014

Net Income

Down

-$933,604

Down $642,874 (-221%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $13,098,519Liabilities 2011: $1,558,808Net Assets 2011: $11,539,7112011Assets 2012: $12,870,870Liabilities 2012: $1,818,140Net Assets 2012: $11,052,7302012Assets 2013: $13,429,559Liabilities 2013: $1,863,191Net Assets 2013: $11,566,3682013Assets 2014: $13,390,006Liabilities 2014: $1,880,180Net Assets 2014: $11,509,8262014Assets 2015: $15,245,709Liabilities 2015: $4,638,329Net Assets 2015: $10,607,3802015Assets 2016: $14,418,919Liabilities 2016: $5,182,154Net Assets 2016: $9,236,7652016Assets 2017: $14,548,490Liabilities 2017: $5,464,129Net Assets 2017: $9,084,3612017Assets 2018: $13,220,984Liabilities 2018: $5,523,571Net Assets 2018: $7,697,4132018Assets 2019: $16,657,823Liabilities 2019: $9,552,012Net Assets 2019: $7,105,8112019Assets 2020: $15,275,394Liabilities 2020: $9,783,721Net Assets 2020: $5,491,6732020Assets 2021: $14,573,422Liabilities 2021: $11,944,436Net Assets 2021: $2,628,9862021Assets 2022: $13,712,707Liabilities 2022: $8,557,461Net Assets 2022: $5,155,2462022Assets 2023: $12,061,304Liabilities 2023: $9,128,677Net Assets 2023: $2,932,6272023Assets 2024: $9,581,631Liabilities 2024: $9,176,686Net Assets 2024: $404,9452024

Highlighted filing

2015

Assets$15,245,709
Liabilities$4,638,329
Net Assets$10,607,380

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $11,532,1072011Expenses 2012: $12,246,9352012Expenses 2013: $11,702,0232013Revenue 2014: $12,975,624Expenses 2014: $13,266,354Net Income 2014: -$290,7302014Revenue 2015: $13,252,446Expenses 2015: $14,186,050Net Income 2015: -$933,6042015Revenue 2016: $14,105,673Expenses 2016: $15,442,102Net Income 2016: -$1,336,4292016Revenue 2017: $15,438,135Expenses 2017: $15,716,275Net Income 2017: -$278,1402017Revenue 2018: $14,938,198Expenses 2018: $16,550,633Net Income 2018: -$1,612,4352018Revenue 2019: $16,077,184Expenses 2019: $16,820,902Net Income 2019: -$743,7182019Revenue 2020: $13,333,969Expenses 2020: $14,586,743Net Income 2020: -$1,252,7742020Revenue 2021: $4,061,396Expenses 2021: $6,909,108Net Income 2021: -$2,847,7122021Revenue 2022: $12,603,653Expenses 2022: $9,858,483Net Income 2022: $2,745,1702022Revenue 2023: $10,221,291Expenses 2023: $12,467,788Net Income 2023: -$2,246,4972023Revenue 2024: $10,176,332Expenses 2024: $12,796,588Net Income 2024: -$2,620,2562024

Highlighted filing

2015

Revenue$13,252,446
Expenses$14,186,050
Net Income-$933,604
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$15,334,348
Mission and Program 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.

The marines' memorial association, a 501(c)(19) non-profit veterans organization, has a mission to "honor the legacy of military service by operating the marines' memorial club as a living memorial and holding programs that commemorate, educate, and serve american veterans of all eras."

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,556,774$8,324,927▼ $231,847
Investments in Publicly Traded Securities$2,121,496$1,820,752▼ $300,744
Cash and Non-Interest-Bearing Accounts$848,528$1,078,175▲ $229,647
Investments Other Securities$467,286$897,170▲ $429,884
Accounts Receivable$580,371$581,247▲ $876
Prepaid Expenses and Deferred Charges$267,820$231,072▼ $36,748
Inventories for Sale or Use$189,445$191,925▲ $2,480
Total Assets$13,390,006$15,245,709▲ $1,855,703
Other Assets Total$358,286$2,120,441▲ $1,762,155
Liabilities
Unsecured Notes Loans Payable$0$2,300,000▲ $2,300,000
Accounts Payable and Accrued Expenses$1,343,329$1,859,759▲ $516,430
Other Liabilities$536,851$478,570▼ $58,281
Total Liabilities$1,880,180$4,638,329▲ $2,758,149
Net Assets / Fund Balance
Unrestricted Net Assets$10,912,471$10,029,234▼ $883,237
Temporarily Rstr Net Assets$597,355$578,146▼ $19,209
Total Net Assets Fund Balance$11,509,826$10,607,380▼ $902,446
Total Liabilities and Net Assets / Fund Balance$13,390,006$15,245,709▲ $1,855,703

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,827,181$13,238,107-
Land$120,000--
Equipment$3,377,746$3,294,350-
Other Assets Org$2,116,976--
Other Securities$897,170--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maj Gen James M Myatt Usmc RetPresident & CEOFT$235,000$17,112$252,112
Michael AllenGeneral ManagerPT$165,826$43,260$209,086
Ruby WuChief Financial OfficerPT$139,791$32,576$172,367
Nicky BroderickDirector of Sales & MarketingFT$120,432$39,735$160,167
Paul LozitoExecutive ChefFT$101,476$53,984$155,460
Bethany MeyerDirector of Human ResourcesFT$115,531$21,401$136,932
Lecelia HarrisonDirector of Membership & DevelopmentFT$115,531$17,049$132,580
Maryann HatlanDirector of Food & BeverageFT$116,105$14,082$130,187
Revenue and Support

Revenue Composition

Contributions and Grants
$2,844,051
Program Service Revenue
$6,984,719
Investment Income
$114,771
Other Revenue
$3,308,905
All Other Contributions
$838,411
Change in Net Assets
$-933,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,034,482
Other Expenses$5,047,568
Grants and Similar Amounts Paid$104,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,390,302
Other Employee Benefits---$2,152,818
Depreciation Depletion---$1,046,180
Payroll Taxes---$842,111
Office Expenses---$818,453
Occupancy---$654,615
Current Officers, Directors, Trustees, and Key Employees---$649,251
All Other Expenses---$627,074
Information Technology---$311,322
Advertising---$233,660
Insurance---$178,680
Other Expenses---$135,959
Grants to Domestic Individuals---$104,000
Fees for Services Other---$99,075
Fees for Services Accounting---$58,715
Conferences and Meetings---$53,240
Interest---$38,716
Travel---$17,276
Total Functional Expenses$0$0$0$14,186,050
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$389,442
Fundraising Gross Income$128,326
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Social$128,326$128,326$389,442$-261,116
Total Events$128,326$128,326$389,442$-261,116
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$425,596
Accrued Severance Pay$52,974
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The tax return is reviewed by the chief financial officer and chief executive officer before a final copy is provided to the board of directors for final approval. Once approved the return is submitted to the chief executive officer for signature.

Form 990, Part VI, Section B, Line 12C

Management monitors employee compliance. The board of directors is required to read and sign a certification of understanding annually.

Form 990, Part VI, Section B, Line 15

The human resources director is responsible for making recommendations for evaluating all employees. The compensation of officers, directors, and key employees is compared with executive compensation of similar organizations.

Form 990, Part VI, Section C, Line 19

The public can request and receive copies of the articles of incorporation, the by-laws, the conflict of interest policy, and the audited financial statements.

Filing and Contact Details

Filer

Filer Name
MARINES' MEMORIAL ASSOCIATION
EIN
94-1055967
Phone
4156736672
Address
609 SUTTER ST SUITE 2M, SAN FRANCISCO, CA 94102

Signing Officer

Name
Majgen J Michael Myatt Usmc
Title
CEO
Phone
4156736672
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Majgen J Michael Myatt
Formed
1946
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
190
Volunteers
15

Preparer

Firm
Rsm US Llp
Address
515 S FLOWER ST 41ST FLOOR, LOS ANGELES, CA 90071
Preparer
Christopher Pekula
Phone
2133304800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

4. 08-09 october: san francisco fleet week association hadr "senior leader seminar": the marines' memorial association is responsible for organizing and hosting all the activities for san francisco fleet week. The education part of fleek week consists of a senior leaders seminar taking advantage of the humanitarian assistance and disaster relief experiences on the naval services to work with the san francisco bay area's leaders and first responders. Our goal is to improve their ability to react to the inevitable, large, and devastating earthquake that will someday hit the region. The senior leaders seminar held at the marines' memorial club is attended by the 3rd fleet and i marine expeditionary force leadership, representation from the office of the secretary of defense and the department of homeland security, the california department of emergency management, the local bay area mayors and elected and appointed officials, and the presence of our honorary co-chair, former secretary of state george p. Shultz, who summarizes the seminar at the end of the seminar. 2014 was an exceptional year, with the presence of the navy surgeon general for the peer-to-peer medical exchange, representation from the government of the philippines talking about the u.s. Military's response the earthquake and tsunami the previous march, and representative of the office united nations high commissioner for refugees speaking on the development of expeditionary shelters for refugees and victims of natural or manmade disasters. 5. 13 october: 3rd annual high school band challenge, golden gate park, san francisco: organized and managed by the marines' memorial association and the marine recruiting station, san francisco, and featuring a concert by the 1st marine division band, eight high school bands competed for the cash prizes for a marching band award. 6. 15-16 october: brain at war conference: featured speakers: medal of honor awardee paul "bud" bucha, and the honorable sloan gibson, deputy secretary, department of veterans affairs. This was the 5th year of hosting this conference with the veterans health research arm of the va, the northern california institute for research and education. Attendees included some of the top researchers in the hidden wounds of war. 7. 13 november: cuba: ending the embargo?: cuba and the united states have a long history of strained political and economic relations. The us has maintained a trade embargo against cuba for over 50 years, and since 1982 has designated cuba as a state sponsor of terrorism. Today, many of the underlying reasons for these strategies no longer exist - is it time to update us policy towards cuba? While little progress has been made, negotiations between washington and havana have in fact been taking place for years, often behind closed doors. Drawing on interviews with negotiators, intermediaries and policy makers, including fidel castro and jimmy carter, author peter kornbluh shared his insights on both present and previous negotiation attempts and the importance of mending relations between the two countries. (note: deplomatic relations were restored with cuba in the spring of 2015) 8. 19 november: meet the author: david j. Danelo, "the return: a field manual for life after combat. Marine combat veteran david j. Danelo's message was simple - those who return to peace after war possess a power that must be discovered, honored, and treasured. Since 9/11 and before, american warriors have faced combat in difficult and adverse theaters with dedication, courage, and remarkable inner fortitude. Our nation supports them during their time in the fight, and "thank you for your service" has become a common civilian affirmation. But what happens when these men and women return from the battlefield? What is waiting for them at home? How does our society prepare these indispensable citizens for the confusion, absurdity, and trauma of their transition back to everyday life? 9. 03 december: celebrating the

Form 990, Part III, Line 4A

16. 14 may: meet the author: colonel tom manion, usmc (ret.): "brothers forever" in his book, colonel manion describes that four weeks after navy seals had killed osama bin laden, the president of the united states stood in arlington national cemetery giving his memorial day address. He extolled the courage and sacrifice of the two young men buried side-by-side in the graves before him: travis manion, a fallen us marine, and brendan looney, a fallen us navy seal. Although they were killed three years apart, one in iraq and one in afghanistan, these two best friends and former roommates were now buried together-"brothers forever." 17. 09 june: meet the author: general stanley mcchrystal, u.s. Army (ret.) author, team of teams: new rules of engagement for a complex world u.s. Army general stanley mcchrystal is a unique leader with an impressive list of credits, including the 2003 capture of saddam hussein and the 2006 location and killing of abu musab al-zarqawi. Widely praised for conducting operations by fusing intelligence and operations, he also created and put into place the counter-insurgency strategy in afghanistan and an extensive counter-terrorism organization that changed how military agencies interact and operate with each other. Nine (9) events were to serve veterans and the men and women currently serving: 1. 29 july - 02 august: blue star mothers of america: national blue star mother's convention held at marines' memorial with over 160 blue star moms in attendance from across the nation. The president & ceo was a speaker again at the convention. 2. 08-12 october: us veterans art exhibit: the marines' memorial association, with support from academy of art university, presents an exhibit of art by us veterans. The exhibit was open to the public, with works from more than a dozen artists displayed in aau galleries, cannery building, fisherman's wharf, san francisco. 3. 27 november: marines' memorial thanksgiving brunch: we served thanksgiving brunch in our commandants room with bountiful buffets, carving stations and musical entertainment by the golden gate philharmonic. 4. 31 december: marines' memorial club - new year's eve party: marines' memorial club was the place to celebrate and ring in 2015 in grand style! With music (2 different bands for musical entertainment: the a & d orchestra with denis larsen and the stardust orchestra with noah griffin). We celebrated on the 10th and 11th floors. 5. 08 january: marine day luncheon: marines' memorial club hosts marine day luncheon with the marine corps coordinating council of northern california. Guest of honor: brigadier general james w. Bierman, cg, mcrd, san diego. 6. 14-15 march: co-sponsored/supported: world affairs conference: st. Regis hotel, san francisco. 7. April 05: annual easter brunch: we served marines' memorial easter brunch on sunday, april 5th in the commandants room with bountiful buffets, carving stations and musical entertainment by the golden gate philharmonic. 8. 11 may: dinner and cabaret night: an evening of cabaret entertainment at the marines' memorial club for benefactor members with reception and dinner featuring a stellar lineup of nationally renowned performers! 9. 10 may: mother's day dinner: this year, we opened the leatherneck steakhouse only for mother's day sunday dinner. Members were able to treat their moms to a wonderful dinner with a spectacular view of the city atop the marines' memorial club.

Financial Statement Notes

PART III, LINE 4:

In prior years, the organization has received various paintings and artifacts which are displayed throughout the building and are used as a part of the restaurant's decor.

PART X, LINE 2:

Marines' memorial association and its affiliate, marines' memorial theatre, are not-for-profit organizations as described under internal revenue code sections 501(c)(19) and 501(c)(3), respectively. The association is subject to taxation at regular corporate rates on income unrelated to its exempt function. Marines' memorial association and its affiliate have implemented the guidance for income taxes in accordance with accounting standards codification (asc) topic 740 as it relates to accounting for uncertainty in income taxes, which clarifies the treatment of the entities' position of accounting for income taxes recognized in the consolidated financial statements. The guidance also prescribes a recognition threshold and measurement standard for the consolidated financial statement recognition and measurement of an income tax position taken or expected to be taken in the tax return. In addition, it provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Management evaluated the entities' tax positions and concluded that the entities have no uncertain tax positions at june 30, 2015 or 2014. With few exceptions, the association is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for fiscal years before 2012.

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IRS990/Desc0THE MARINES' MEMORIAL ASSOCIATION IS CHARTERED AS A NON-PROFIT 501(C)(19) VETERANS' ORGANIZATION WITH A MISSION TO "HONOR THE LEGACY OF MILITARY SERVICE BY OPERATING THE MARINES' MEMORIAL CLUB AS A LIVING MEMORIAL AND HOLDING PROGRAMS THAT COMMEMORATE, EDUCATE, AND SERVE AMERICAN VETERANS OF ALL ERAS."IN THAT REGARD, FOR FISCAL YEAR 2014-2015, THE MARINES' MEMORIAL ASSOCIATION FULFILLED ITS MISSION IN A MULTITUDE OF WAYS. ONE WAY WAS TO HOLD SPECIAL EVENTS. THE ASSOCIATION CONDUCTS A VARIETY OF PROGRAMS INCLUDING MONTHLY LECTURES ON MILITARY OPERATIONS AND SPEAKING EVENTS BY AUTHORS. THIS PAST YEAR, THE ASSOCIATION HELD 37 SEPARATE EVENTS, AS FOLLOWS:ELEVEN (11) EVENTS WERE TO COMMEMORATE:1. 07 AUGUST: 72ND ANNIVERSARY OF THE BATTLE FOR GUADALCANAL: COMMEMORATION LUNCHEON FOR THE 71ST ANNIVERSARY OF THE BATTLE FOR GUADALCANAL, THE MOST IMPORTANT BATTLE OF THE PACIFIC WORLD WAR II. SPEAKER WAS THE PRESIDENT/CEO OF THE MARINES' MEMORIAL ASSOCIATION AND HE FOCUSED ON THE GUADALCANAL BATTLE AS AN AIR BATTLE WAGED BY THE CACTUS AIR FORCE, A FORCE OF MARINE, NAVY AND ARMY AIRPLANES AND PILOTS.2. 18 SEPTEMBER: 64TH ANNIVERSARY OF THE KOREAN WAR: COMMEMORATION LUNCHEON FOR THE 64TH ANNIVERSARY OF THE KOREAN WAR. THE TITLE OF THE COMMEMORATION TALK WAS "A PLACE CALLED THE HOOK", DELIVERED BY GUNNY SERGEANT (DENNY) WEISGERBER, USMC (RET.)3. 09 OCTOBER: HONOR THE FALLEN CONCERT AT THE MARINES' MEMORIAL THEATRE: THIS WAS A MOVING BAND CONCERT BY THE 1ST MARINE DIVISION BAND AS A TRIBUTE TO THE SOULS LOST IN WARS.4. 10 OCTOBER: DEDICATION OF THE VETERAN'S MEMORIAL: LOCATED BETWEEN THE WAR MEMORIAL AND OPERA HOUSE, VAN NESS AVENUE, SAN FRANCISCO. THE VETERANS MEMORIAL WAS PROMISED TO THE VETERANS IN 1932; A SHORTAGE OF MONEY WAS THE EXCUSE FOR NOT KEEPING THE PROMISE. THE PRESIDENT AND CEO OF THE MARINES' MEMORIAL ASSOCIATION LED A VOLUNTEER FUND RAISING EFFORT WHICH RAISED $2.5 MILLION FOR THE MEMORIAL; CONDUCTED A NATION-WIDE DESIGN COMPETITION; AND BUILT THE MEMORIAL UNDER THE HEADLINE "KEEPING THE PROMISE". THE DEDICATION CEREMONY WAS ATTENDED BY THE MAYOR OF SAN FRANCISCO MAYOR ED LEE, THE SENIOR SENATOR FROM CALIFORNIA, SENATOR DIANE FEINSTEIN, FORMER SECRETARY OF STATE AND A MARINE, GEORGE P. SHULTZ AND A HOST OF ELECTED AND APPOINTED OFFICIALS.5. 08 NOVEMBER: 239TH MARINE CORPS BIRTHDAY BALL: GUEST OF HONOR: GENERAL JOHN KELLY, USMC (RET.) GENERAL KELLY ATTENDED AND WAS GRACIOUS IN HIS REMARKS. HE IS THE COMMANDER OF US SOUTHCOM, HAVING ASSUMED THAT COMMAND ON 19 NOVEMBER 2012 FROM HIS PREVIOUS POSITION AS SENIOR MILITARY ASSISTANT TO THE SECRETARY OF DEFENSE. USSOUTHCOM IS RESPONSIBLE FOR ALL DOD SECURITY COOPERATION IN THE 45 NATIONS AND TERRITORIES OF CENTRAL AND SOUTH AMERICA AND THE CARIBBEAN.6. 19-21 FEBRUARY: GOLD STAR PARENTS HONOR AND REMEMBRANCE: THE MARINES' MEMORIAL ASSOCIATION, WITH SUPPORT FROM THE BLUE STAR MOMS, EAST BAY <HTTP://WWW.BLUESTARMOMS.ORG/INDEX.PHP>, HOSTED THE 10TH ANNUAL GOLD STAR PARENTS HONOR AND REMEMBRANCE. GOLD STAR PARENT REFERS TO ONE WHOSE SON OR DAUGHTER WAS KILLED WHILE SERVING IN THE US ARMED FORCES THE EVENT CONSIST OF: (1) A RECEPTION WHERE THE GOLD STAR PARENTS HAVE AN OPPORTUNITY TO MEMORIALIZE THEIR SON OR DAUGHTER IN A PERSONAL WAY AND TALK ABOUT THEIR LOSS WITH OTHERS; (2) A BUFFET DINNER WHERE THEY MEET AND BOND WITH OTHER GOLD STAR PARENTS; (3) A MOVING MEMORIAL SERVICE WITH THE NAMES OF THE LOST SONS AND DAUGHTERS IS READ ALOUD, A CANDLE IS LIT, AND SACRIFICE RECOGNIZED; (4) BREAKOUT GROUPS LED BY PSYCHIATRISTS AND PSYCHOLOGISTS TO HELP WITH THE GRIEVING PROCESS; AND, (5) A FORMAL BANQUET THAT FEATURES A GUEST SPEAKER, NORMALLY A SENIOR MILITARY LEADER, WHO THANKS THE PARENTS FOR THEIR DEDICATION. AT THE CONCLUSION, THE US MARINE BAND PLAYS A SERVICE MEDLEY AND THEN ENTERTAINS THE GOLD STAR FAMILIES WITH JAZZ AND CONTEMPORARY MUSIC. THE FAMILIES LEAVE HAVING PRIDE IN THEIR CHILD'S SERVICE, HAVING FOUND NEW FRIENDS, AND BEING NETWORKED WITH OTHER GOLD STAR FAMILIES IN CALIFORNIA.7. 24
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IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT WILLIAMS MARINE VETERAN
IRS990/Form990PartVIISectionAGrp/PersonNm15GEN JAMES MATTIS USMC RET
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IRS990/MissionDesc0THE MARINES' MEMORIAL ASSOCIATION, A 501(C)(19) NON-PROFIT VETERANS ORGANIZATION, HAS A MISSION TO "HONOR THE LEGACY OF MILITARY SERVICE BY OPERATING THE MARINES' MEMORIAL CLUB AS A LIVING MEMORIAL AND HOLDING PROGRAMS THAT COMMEMORATE, EDUCATE, AND SERVE AMERICAN VETERANS OF ALL ERAS".
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE MARINES' MEMORIAL ASSOCIATION SPONSORS AN ANNUAL GOLD STAR PARENTS EVENT. FOR THE 10TH STRAIGHT YEAR, THE ASSOCIATION HAS HOSTED MORE THAN 300 PARENTS FOR TWO DAYS TO COMMEMORATE THE LOSS OF THEIR LOVED ONES IN OUR NATION'S WARS IN IRAQ AND AFGHANISTAN. ATTENDEES SHARE PICTURES AND STORIES OF THEIR LOVED ONES, ATTEND A MEMORIAL SERVICE AND DEVELOP NETWORKS TO MAINTAIN CONTACT WITH EACH OTHER.
IRS990/ProgSrvcAccomActy3Grp/Desc0IN ADDITION TO EVENTS, THE FLAGSHIP OF THE ASSOCIATION, THE MARINES' MEMORIAL CLUB, PROVIDED DRAMATICALLY REDUCED RATE HOTEL ROOMS TO CURRENTLY SERVING MEMBERS OF THE U.S. MILITARY FOR 5,740 ROOM NIGHTS, WHICH INCLUDED COMPLIMENTARY BREAKFAST, FITNESS CENTER ACCESS AND FREE INTERNET ACCESS IN OUR BUSINESS CENTER, A SUBSIDY OF $393,777. IN ADDITION, WE PERMITTED CURRENTLY SERVING MILITARY TO BECOME MEMBERS WITHOUT MAKING TAX-DEDUCTIBLE DONATIONS TO THE ASSOCIATION.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0A. THE ASSOCIATION PROVIDED 25 SCHOLARSHIPS TO MEMBERS OR DEPENDENTS OF MEMBERS TO ATTEND ACCREDITED COLLEGES AND UNIVERSITIES AS UNDERGRADUATES. THESE SCHOLARSHIPS IN THE AMOUNTS OF $2,500 (TEN), $4,000 (ONE), $5,000 (THIRTEEN), AND $10,000 (ONE) WERE PROVIDED FOR VARIOUS MAJORS. B. THE ASSOCIATION PROVIDED A SUPPORT STRUCTURE FOR THE CALIFORNIA GOVERNOR'S TROOPS TO COLLEGE PROGRAM. THE PROGRAM WAS INITIATED IN 2006 BY A FORMER MARINES' MEMORIAL BOARD CHAIRMAN TO ASSIST OUR VETERANS IN GAINING ADMISSION TO AND SUCCEEDING IN HIGHER EDUCATION IN CALIFORNIA'S COLLEGES AND UNIVERSITIES. C. THE ASSOCIATION ACTIVELY SUPPORTED YOUNG IRAQ AND AFGHANISTAN WAR VETERANS AS THEY TRANSITIONED BACK TO CIVILIAN STATUS BY ARRANGING FOR SKILLED LABOR TRAINING AND ADVOCATING FOR CHANGES TO THE DEPARTMENT OF LABOR TRANSITION ASSISTANCE PROGRAM (TAP) SO AS TO ASSIST THE VETERANS TO FIND MEANINGFUL JOBS LEADING TO SUCCESSFUL CAREERS. D. THE ASSOCIATION PUBLISHES A QUARTERLY ASSOCIATION MAGAZINE TITLED "CROSSROADS OF THE CORPS" TO PROVIDE SUMMARIES OF THE COMMEMORATIVE AND EDUCATIONAL PROGRAMS HELD AT THE CLUB. 20,000 COPIES OF EACH QUARTERLY ISSUE ARE PROVIDED TO THE MEMBERS AND LOCAL COMMUNITY.E. THE ASSOCIATION ASSUMED RESPONSIBILITY FOR SAN FRANCISCO'S ANNUAL FLEET WEEK ACTIVITIES AT THE REQUEST OF THE MAYOR OF SAN FRANCISCO, SENATOR FEINSTEIN AND FORMER SECRETARY OF STATE GEORGE P. SHULTZ. A COMMITTEE OF VOLUNTEERS WAS RECRUITED TO MEET WEEKLY AT THE MARINES' MEMORIAL TO ORGANIZE ONE OF SAN FRANCISCO'S SIGNATURE MILITARY EVENTS.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.58$9.18$0.40$10.2$12.8$2.62
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$9.13$2.93$10.2$12.5$2.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$8.56$5.16$12.6$9.86$2.75
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$11.9$2.63$4.06$6.91$2.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$9.78$5.49$13.3$14.6$1.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$9.55$7.11$16.1$16.8$0.74
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$5.52$7.70$14.9$16.6$1.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$5.46$9.08$15.4$15.7$0.28
2016Detailed filing. Detailed filing data is available for this year.$14.4$5.18$9.24$14.1$15.4$1.34
2015Detailed filing. Detailed filing data is available for this year.$15.2$4.64$10.6$13.3$14.2$0.93
2014Detailed filing. Detailed filing data is available for this year.$13.4$1.88$11.5$13.0$13.3$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$1.86$11.6$11.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$1.82$11.1$12.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$1.56$11.5$11.5