TPhilanthropy, Voluntarism & GrantmakingEIN: 882321574· Ruling Year: 2023

Memas Foundation

Midland, Texas

B-Health Score
54B-

Financial Health Score

Provisional

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.14×
Peer Median18.82×
💰
$930K
Total Revenue
📊
$152K
Total Expenses
🏦
$1.5M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.9%
Year-over-year change (2022 → 2023)
Net Margin
+83.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.14
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$930,0001%$152,44913%$1,546,224107%
2022$921,516$175,144$746,372

Frequently Asked Questions

What does Memas Foundation do?

Memas Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Texas. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Memas Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Memas Foundation.

How much revenue does Memas Foundation generate?

Revenue data for Memas Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Memas Foundation — Midland, TX | GiveScope