Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
73 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
4 people listed on the 990; $90K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Karl C Schoeller | $124,624 | $90,191 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Memory for Memory INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Memory for Memory INC is a nonprofit organization based in West Palm Beach, FL.
Questions for Memory for Memory INC
Your first name shows with your question. Memory for Memory INC answers here, for everyone.
Donate revenue to charities and services that are focused on finding a cure for or assisting those impacted by Alzheimer's and or dementia. Donate refurbished computers and electronics to charities for their use in their operations.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-5206426) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $19K | $88K |
| Land, buildings, equipmentLn 10c | $17K | $11K |
| Total assetsLn 16 | $46K | $107K |
| LiabilitiesLn 26 | $52K | $62K |
| Net assetsLn 32 | −$5K | $45K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $10K | $10K | ||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $90K | $63K | $18K | $9K |
| Other salaries and wagesLn 7 | $137K | $96K | $27K | $14K |
| Other employee benefitsLn 9 | $27K | $19K | $5K | $3K |
| Payroll taxesLn 10 | $19K | $13K | $4K | $2K |
| Accounting feesLn 11c | $8K | $6K | $2K | $793 |
| Other fees for servicesLn 11g | $1K | $897 | $256 | $128 |
| Advertising and promotionLn 12 | $3K | $2K | $549 | $275 |
| Office expensesLn 13 | $111K | $78K | $22K | $11K |
| OccupancyLn 16 | $41K | $29K | $8K | $4K |
| TravelLn 17 | $7K | $5K | $1K | $668 |
| InterestLn 20 | $2K | $1K | $355 | $177 |
| Depreciation, depletion and amortizationLn 22 | $6K | $6K | ||
| InsuranceLn 23 | $5K | $3K | $986 | $493 |
| Other expenses (24a–d)Ln 24 | $49K | $47K | $2K | $904 |
| Total functional expensesLn 25 | $517K | $379K | $92K | $46K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2021 LatestFiled with the IRS Jan 12, 2023 | $635K | $681K | −$45K | $0 | 990 PDF |
| FY2020 ViewingFiled with the IRS Oct 14, 2021 | $567K | $517K | $50K | $45K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $567,168 revenue, 12 lines filed
Part VI · Governance 3 of 4 board members independent, no flags
Part VIII · Statement of revenue $567,168 across 6 lines filed
Part IX · Statement of functional expenses $516,683 across 15 lines filed
Part X · Balance sheet $107,434 assets, 12 lines filed
Part XI · Reconciliation of net assets $45,256 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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