Memorial Day Flowers Foundation
Honoring those who have served our country
Memorial Day Flowers Foundation
EIN: 46-2362633
as of September 2024
as of September 09, 2024
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Memorial Day Flowers
Each Memorial Day the Foundation makes flowers available to participating National Cemeteries for volunteers and families of veterans to pay tribute to those who have served in the armed forces for their service and sacrifice.
Where we work
Photos
Financials
Revenue vs. expenses: breakdown
Liquidity in 2023 info
0.00
Months of cash in 2023 info
13.9
Fringe rate in 2023 info
0%
Funding sources info
Assets & liabilities info
Financial data
Memorial Day Flowers Foundation
Revenue & expensesFiscal Year: Jan 01 - Dec 31
Memorial Day Flowers Foundation
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Memorial Day Flowers Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2018 | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $74,721 | -$30,056 | $113,466 | -$72,845 | $39,773 |
As % of expenses | 23.6% | -8.2% | 66.9% | -31.6% | 22.8% |
Unrestricted surplus (deficit) after depreciation | $74,721 | -$30,056 | $113,466 | -$72,845 | $39,773 |
As % of expenses | 23.6% | -8.2% | 66.9% | -31.6% | 22.8% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $391,477 | $336,435 | $283,049 | $157,933 | $214,560 |
Total revenue, % change over prior year | 0.0% | -14.1% | 0.0% | -44.2% | 35.9% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $316,756 | $366,491 | $169,583 | $230,778 | $174,787 |
Total expenses, % change over prior year | 0.0% | 15.7% | 0.0% | 36.1% | -24.3% |
Personnel | 24.3% | 0.0% | 0.0% | 0.0% | 0.0% |
Professional fees | 4.1% | 39.6% | 65.0% | 13.2% | 9.3% |
Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other expenses | 71.6% | 60.4% | 35.0% | 86.8% | 90.7% |
Full cost components (estimated) info | 2018 | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $316,756 | $366,491 | $169,583 | $230,778 | $174,787 |
One month of savings | $26,396 | $30,541 | $14,132 | $19,232 | $14,566 |
Debt principal payment | $0 | $100 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $343,152 | $397,132 | $183,715 | $250,010 | $189,353 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Months of cash | 5.1 | 3.5 | 16.7 | 8.5 | 13.9 |
Months of cash and investments | 5.1 | 3.5 | 16.7 | 8.5 | 13.9 |
Months of estimated liquid unrestricted net assets | 5.1 | 3.5 | 16.7 | 8.5 | 13.9 |
Balance sheet composition info | 2018 | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Cash | $135,615 | $105,459 | $235,683 | $162,780 | $202,553 |
Investments | $0 | $0 | $0 | $0 | $0 |
Receivables | $0 | $0 | $0 | $0 | $0 |
Gross land, buildings, equipment (LBE) | $0 | $0 | $0 | $0 | $0 |
Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Liabilities (as a % of assets) | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
Unrestricted net assets | $0 | $0 | $0 | $0 | $0 |
Temporarily restricted net assets | $0 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
Total net assets | $135,515 | $105,459 | $235,625 | $162,780 | $202,553 |
Key data checks
Key data checks info | 2018 | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Ramiro Peneherra
Number of employees
Source: IRS Form 990
Memorial Day Flowers Foundation
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Memorial Day Flowers Foundation
Board of directorsas of 06/27/2024
Board of directors data
Ms Brenda Reny
Memorial Day Flower Foundation
Mr. Steve Dionne
Memorial Day Flower Foundation
Term: 2021 - 2024
Johan Sohn
Solé Farms
David Murphy
MDFF
Maggie Sheedy
MDFF
Dana Armellini
MDFF
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Professional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G