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Health : Diseases, Disorders, and Disciplines

MemoryCare

Treatment and support for families affected by Alzheimer's and other cognitive impairments

four stars

91.35

100 Far Horizons Lane Asheville, NC 28803
tel: (828) 771-2219   Web Site
EIN: 56-2178294

Board Leadership
David Key
President

CEO
virginia Templeton
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.35 four stars
  Financial 94.65 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

MemoryCare is a team of physicians, nurses, social workers and volunteers dedicated to one goal – helping individuals with Alzheimer's Disease and other cognitive disorders live as fully as possible for as long as possible at home or in their preferred setting. We are the only organization of our kind in western North Carolina and one of the few in the nation that focuses on equipping the caregiver with the resources they need as well as providing excellent care to their loved one.

MemoryCare is a team of physicians, nurses, social workers and volunteers dedicated to one goal – helping individuals with Alzheimer's Disease and other cognitive disorders live as fully as possible for as long as possible at home or in their preferred setting. We are the only organization of our kind in western North Carolina and one of the few in the nation that focuses on equipping the caregiver with the resources they need as well as providing excellent care to their loved one.

Impact Information

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Reported Results
Total in 2019
Number of clients served
4,392
This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

94.65

Accountability & Transparency

three stars

89.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.1%
  Administrative Expenses 6.5%
  Fundraising Expenses 5.2%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 6.39
  Program Expenses Growth 3.7%
  Liabilities to Assets 0.3%
All data for Financial Performance Metrics calculations was provided by MemoryCare on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by MemoryCare on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
MemoryCare (NC) 91.35 four stars
Alzheimer's Foundation of America (NY) 94.60 four stars
Alzheimer's Association (IL) 87.33 three stars
Fisher Center for Alzheimer's Research Foundation (NY) 95.07 four stars
The Long Island Alzheimer's and Dementia Center (NY) 93.70 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,483,495
   Federated Campaigns $11,685
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,495,180
   Program Service Revenue $823,397
Total Primary Revenue $2,318,577
   Other Revenue $4,604
TOTAL REVENUE $2,420,673
   
EXPENSES  
   Program Expenses $1,404,080
   Administrative Expenses $107,005
   Fundraising Expenses $77,731
TOTAL FUNCTIONAL EXPENSES $1,588,816
   
Payments to Affiliates $0
Excess (or Deficit) for the year $831,857
   
Net Assets $9,605,515

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 91.35 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-2178294
Name in IRS Master File MEMORYCARE
NTEE Code E32
NTEE Classification Ambulatory Health Center, Community Clinic
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$154,118 9.70% Virginia Templeton Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
MemoryCare (NC) 91.35 four stars
Alzheimer's Association (IL) 87.33 three stars
Alzheimer's Foundation of America (NY) 94.60 four stars
Fisher Center for Alzheimer's Research Foundation (NY) 95.07 four stars
The Long Island Alzheimer's and Dementia Center (NY) 93.70 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

MemoryCare
100 Far Horizons Lane
Asheville, NC 28803
tel: (828) 771-2219
fax: (828) 771-2634
EIN: 56-2178294

Visit Web Site

Board Leadership

David Key
President

CEO

virginia Templeton
Executive Director

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