Ferris Memorial Parks Inc
- Assets
- $1.1m
- Revenue
- $143.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Ferris, TX
- Founding
- 12/1962
- Data as of
- 12/2021
- EIN
- 75-1099619
Organization Overview
Ferris Memorial Parks Inc is located in Ferris, TX. The organization was established in 1962. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferris Memorial Parks Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Ferris Memorial Parks Inc generated $143.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $137.8k 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
PROVIDE AND MAINTAIN CEMETARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED UPDKEEP AND MAINTENANCE OF CEMETARY
PROGRAM SERVICE ACCOMPLISHMENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yolanda Bunt Director | OfficerTrustee | 0.1 | $0 |
Charlie Brown Fulton Mtnc Manager | OfficerTrustee | 0.1 | $0 |
Rusty Porter Director | OfficerTrustee | 0.1 | $0 |
Candice Duran Treasurer | OfficerTrustee | 0.1 | $0 |
Donna Shaw Co Secretary | OfficerTrustee | 0.1 | $0 |
Mike Bartis President | Officer | 0.1 | $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 | $2,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,735 |
| Total Program Service Revenue | $42,521 |
| Investment income | $98,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $143,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $200 |
| 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 | $165 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,532 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $477 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $429 |
| 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 | $618 |
| Insurance | $0 |
| All other expenses | $1,980 |
| Total functional expenses | $137,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,449 |
| 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 | $0 |
| Investments—publicly traded securities | $370,001 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $713,368 |
| Total assets | $1,091,818 |
| 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 | $713,368 |
| Total liabilities | $713,368 |
| 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 | $378,450 |
| Total liabilities and net assets/fund balances | $1,091,818 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Glass-Glen Burnie Foundation San Antonio, TX | $57,955,575 | $7,795,930 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Glenwood Cemetery Historic Preservation Foundation Houston, TX | $14,327,561 | $1,485,128 |
Restland Memorial Park Assn Houston, TX | $24,470,404 | $2,045,999 |
Fort Worth South Inc Fort Worth, TX | $860,900 | $1,913,143 |
Air Legends Foundation San Antonio, TX | $20,115,931 | $3,195,000 |
Deep Ellum Foundation Dallas, TX | $1,616,864 | $1,817,112 |
Amistad Research Center New Orleans, LA | $6,399,873 | $1,567,988 |
Society Of Martha Washington Laredo, TX | $723,643 | $1,002,745 |
Cornerstones Community Partnerships Santa Fe, NM | $842,708 | $898,386 |
Louisiana Naval War Memorial Commission Baton Rouge, LA | $2,059,836 | $846,137 |