Frankford Cemetery Association Inc is located in Van Alstyne, TX. The organization was established in 2008. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frankford Cemetery Association Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2023, Frankford Cemetery Association Inc generated $142.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $113.0k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FRANKFORD CEMETERY ASSOCIATION IS TO MANAGE AND EXPEND CONTRIBUTIONS FOR THE MAINTENANCE, RESTORATION, AND PRESERVATION OF THE FRANKFORD CEMETERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CEMETERY HAS BEEN DESIGNATED AS A HISTORICAL LANDMARK BY THE TEXAS HISTORICAL COMMISSION. THE ASSOCIATION'S PURPOSE AND ACTIVITY IS TO RESTORE, PRESERVE, AND MAINTAIN THE CEMETERY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Macias President | OfficerTrustee | 1 | $0 |
Wayne Lewis Vice Preside | OfficerTrustee | 1 | $0 |
Sandy Greyson Secretary | OfficerTrustee | 1 | $0 |
Meredith Ellis Treasurer | OfficerTrustee | 1 | $0 |
Ben Kitchens Director | Trustee | 1 | $0 |
Kathleen Mckamy Johnson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $113,183 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $26,516 |
Net Gain/Loss on Asset Sales | $1,231 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $142,680 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,256 |
Fees for services: Accounting | $328 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,403 |
Advertising and promotion | $0 |
Office expenses | $592 |
Information technology | $1,369 |
Royalties | $0 |
Occupancy | $19,985 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,818 |
All other expenses | $189 |
Total functional expenses | $112,985 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,653 |
Savings and temporary cash investments | $52,199 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,417,751 |
Investments—publicly traded securities | $3,638,136 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $119,349 |
Other assets | $0 |
Total assets | $5,239,088 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,628,472 |
Total liabilities | $2,628,472 |
Net assets without donor restrictions | $2,610,616 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,239,088 |
Over the last fiscal year, Frankford Cemetery Association Inc has awarded $1,200,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FRANKFORD PRESERVATION FOUNDATION PURPOSE: PRESERVATION | $710,000 |
FRANKFORD PRESERVATION FOUNDATION PURPOSE: PRESERVATION | $490,000 |