Ryals Family Cemetery Inc
- Assets
- $2.0m
- Revenue
- $621.0k
- Investments
- $1.8m
- Employees
- 0
- Location
- Grand Ridge, FL
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-0824689
Organization Overview
Ryals Family Cemetery Inc is located in Grand Ridge, FL. The organization was established in 2011. 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. Ryals Family Cemetery Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Ryals Family Cemetery Inc generated $621.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 53.9% each year . All expenses for the organization totaled $69.6k during the year ending 12/2021. While expenses have increased by 23.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION'S MISSION IS FOR ESTABLISHMENT, MAINTENANCE, AND PRESERVATION OF A FAMILY CEMETERY. THE CEMETERY IS LESS THAN 2 ACRES AND BURIAL SPACES OR MERCHANDISE IS NOT FOR SALE. INITIALLY, IMPROVEMENTS WILL BE MADE TO THE CEMETERY AND THEN PAYMENTS IN SUBSEQUENT YEARS WILL BE TO MAINTAIN THE LAND FOR THIS PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION'S MISSION IS FOR ESTABLISHMENT, MAINTENANCE, AND PRESERVATION OF A FAMILY CEMETERY. THE CEMETERY IS LESS THAN 2 ACRES AND BURIAL SPACES OR MERCHANDISE IS NOT FOR SALE. INITIALLY, IMPROVEMENTS WILL BE MADE TO THE CEMETERY AND THEN PAYMENTS IN SUBSEQUENT YEARS WILL BE TO MAINTAIN THE LAND FOR THIS PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Jackson Mcmullian III Chairman | Officer | 1 | $0 |
Britton Mcmulliam Josey Vice-President | Officer | 1 | $0 |
Jeanni R Frye Secretary | Officer | 1 | $0 |
Jackie Williams Mcmullian President | Officer | 1 | $0 |
Amos R Mcmullian Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $70,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $557,587 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $621,021 |
| 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 | $70 |
| Fees for services: Accounting | $6,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $820 |
| Advertising and promotion | $0 |
| Office expenses | $15 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $6,335 |
| Insurance | $400 |
| All other expenses | $0 |
| Total functional expenses | $69,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,418 |
| Savings and temporary cash investments | $47,860 |
| 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 | $125,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,841,246 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,030,393 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $2,030,393 |
| Total liabilities and net assets/fund balances | $2,030,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evergreen Cemetery Assn Jacksonville, FL | $41,297,239 | $4,188,824 |
The Westview Cemetery Inc Atlanta, GA | $12,289,399 | $4,446,360 |
Oconee Hill Cemetery Trustees Athens, GA | $4,629,906 | $1,220,313 |
Riverside Cemetery Inc Macon, GA | $1,947,128 | $520,206 |
Independent Funeral Directors Of Florida Inc Tallahassee, FL | $290,932 | $534,265 |
Heritage Master Cemetery Perpetual Care Trust Tennessee Orlando, FL | $8,800,663 | $1,215,379 |
Florida Funeral Directors Tallahassee, FL | $598,018 | $444,871 |
Jewish Burial Society Of Pinellas County Inc Largo, FL | $2,561,896 | $599,393 |
Leesburg Cemeteries Inc Fka Lone Oak Cemetery Leesburg, FL | $493,303 | $345,553 |
Oak Hill Memorial Association Cemetery Birmingham, AL | $603,639 | $420,333 |
Westview Cemetery Irrevocable Perpetual Care Trust Fund Two Atlanta, GA | $8,558,611 | $471,814 |
Magnolia Cemetery Perpetual Care Fund Mobile, AL | $8,644,373 | $1,157,850 |