Frank Reid Burial Association
- Assets
- $86.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morrilton, AR
- Founding
- 02/1981
- Data as of
- 12/2023
- EIN
- 71-0149085
Organization Overview
Frank Reid Burial Association is located in Morrilton, AR. The organization was established in 1981. 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. Frank Reid Burial Association is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.
For the year ending 12/2023, Frank Reid Burial Association generated $14.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $19.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Harris Jr Secretary Treasurer | 5 | $0 | |
Michelle Harris President | 5 | $0 | |
Haylee Harris Vice-President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,713 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,573 |
| Gain or Loss | -$713 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,573 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $18,750 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $225 |
| Total expenses | $18,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,852 |
| Other assets | $0 |
| Total assets | $86,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,270 |