Memorial 7 Inc is a 501(c)(3) organization based in Houston, Texas, registered in 2022, with $127,198 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$127K
▼ 7.0% vs prior year
Recreation median: $129K
Expenses (FY2024)
$128K
Net assets
$11K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Memorial 7 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Memorial 7 Inc: 1 mo reserves · -0% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Memorial 7 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Memorial 7 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $118K (FY2021) to $127K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$11K
Net assets
$11K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,198▼7.0% | $127,601▼5.9% | $10,836▼13.5% | $10,836▼13.5% | 990EZ |
| 2023 | $136,821▲1.4% | $135,536▲0.8% | $12,524▲11.4% | $12,524▲11.4% | 990EZ |
| 2022 | $134,946▲14.8% | $134,400▲13.6% | $11,239▲5.1% | $11,239▲5.1% | 990EZ |
| 2021 | $117,596 | $118,300 | $10,693 | $10,693 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Memorial 7 Inc (EIN 47-4568636) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.