American Board Of Funeral Service Education Inc

Organization Overview

American Board Of Funeral Service Education Inc is located in Woodbury Heights, NJ. The organization was established in 1964. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 09/2022, American Board Of Funeral Service Education Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Funeral Service Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, American Board Of Funeral Service Education Inc generated $699.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $545.5k during the year ending 09/2022. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE AMERICAN BOARD OF FUNERAL SERVICE EDUCATION IS ORGANIZED TO ADVANCE FUNERAL SERVICE EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACCREDITATION - ACCREDITATION OF SCHOOLS AND COLLEGES TEACHING MORTUARY SCIENCE AND FUNERAL SERVICE AND AWARDING SCHOLARSHIPS TO STUDENTS STUDYING MORTUARY SCIENCE AND FUNERAL SERVICE.


SCHOLARSHIPS - THE ORGANIZATION RECEIVES FUNDS FOR THE PURPOSE OF SCHOLARSHIPS. THE ORGANIZATION THEN USES THE FUNDS TO ISSUE SCHOLARSHIPS FOR RECIPIENTS'S TUITION COSTS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert C Smith III
Executive Director
$111,092
Jolena Grande
President
$0
David B Martin
Vice President
$0
Joseph Finocchairo
Secretary/treasurer
$0
Jzyk Ennis
Past President
$0
George J Durham Jr
Nfd & Ma President
$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$29,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$29,000
Total Program Service Revenue$613,352
Investment income $9,198
Tax Exempt Bond Proceeds $0
Royalties $46,366
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $699,294

Grants Recieved

Over the last fiscal year, we have identified 2 grants that American Board Of Funeral Service Education Inc has recieved totaling $46,000.

Awarding OrganizationAmount
National Funeral Directors Association Of The United States I

Brookfield, WI

PURPOSE: SCHOLARSHIPS FOR STUDENTS ENROLLED IN FUNERAL SERVICE OR MORTUARY SCIENCE PROGRAMS AND GENERAL SUPPORT

$23,000
National Funeral Directors Association Of The United States I

Brookfield, WI

PURPOSE: SCHOLARSHIPS FOR STUDENTS ENROLLED IN FUNERAL SERVICE OR MORTUARY SCIENCE PROGRAMS AND GENERAL SUPPORT

$23,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,000
Ending Balance$15,000

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