Civic Intelligence

River Bend Cemetery Company

990 • Fiscal year 2016 • EIN 05-0210140

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

117 Beach StWesterly, RI 02891

(401) 596-2724

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.02x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.29x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Source year 2016

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

20th percentile

$3,500

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2016 filings • $10M-$25M nonprofits • Source year 2016

Asset Growth

47th percentile

1.1%

Faster asset growth than 47% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-33%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$13,780,230

Up $147,283 (+1.1%) from 2015

Net Assets

Up

$13,540,615

Up $177,399 (+1.3%) from 2015

Liabilities

Down

$239,615

Down $30,116 (-11%) from 2015

Revenue

Down

$833,239

Down $419,565 (-33%) from 2015

Expenses

Down

$605,748

Down $34,183 (-5.3%) from 2015

Net Income

Down

$227,491

Down $385,382 (-63%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2015: $13,632,947Liabilities 2015: $269,731Net Assets 2015: $13,363,2162015Assets 2016: $13,780,230Liabilities 2016: $239,615Net Assets 2016: $13,540,6152016Assets 2017: $16,344,555Liabilities 2017: $254,490Net Assets 2017: $16,090,0652017Assets 2018: $15,725,548Liabilities 2018: $249,440Net Assets 2018: $15,476,1082018Assets 2019: $19,877,036Liabilities 2019: $227,465Net Assets 2019: $19,649,5712019Assets 2020: $24,428,105Liabilities 2020: $387,773Net Assets 2020: $24,040,3322020Assets 2021: $28,380,253Liabilities 2021: $240,293Net Assets 2021: $28,139,9602021Assets 2022: $22,931,372Liabilities 2022: $304,681Net Assets 2022: $22,626,6912022Assets 2023: $28,601,606Liabilities 2023: $378,365Net Assets 2023: $28,223,2412023Assets 2024: $34,283,946Liabilities 2024: $413,553Net Assets 2024: $33,870,3932024

Highlighted filing

2016

Assets$13,780,230
Liabilities$239,615
Net Assets$13,540,615

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2015: $1,252,804Expenses 2015: $639,931Net Income 2015: $612,8732015Revenue 2016: $833,239Expenses 2016: $605,748Net Income 2016: $227,4912016Revenue 2017: $2,028,939Expenses 2017: $654,102Net Income 2017: $1,374,8372017Revenue 2018: $1,709,519Expenses 2018: $660,453Net Income 2018: $1,049,0662018Revenue 2019: $1,355,786Expenses 2019: $648,360Net Income 2019: $707,4262019Revenue 2020: $2,215,602Expenses 2020: $653,167Net Income 2020: $1,562,4352020Revenue 2021: $3,419,908Expenses 2021: $731,220Net Income 2021: $2,688,6882021Revenue 2022: $1,750,600Expenses 2022: $797,660Net Income 2022: $952,9402022Revenue 2023: $2,037,479Expenses 2023: $926,523Net Income 2023: $1,110,9562023Revenue 2024: $4,667,780Expenses 2024: $1,088,332Net Income 2024: $3,579,4482024

Highlighted filing

2016

Revenue$833,239
Expenses$605,748
Net Income$227,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$9,416,592
Mission and Program Overview

Mission

TO OPERATE A CEMETERY

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,316,928$12,446,044▲ $129,116
Land, Buildings, and Equipment, Net$438,776$482,287▲ $43,511
Savings and Temporary Cash Investments-$253,792-
Inventories for Sale or Use$236,742$200,283▼ $36,459
Cash and Non-Interest-Bearing Accounts$631,794$193,905▼ $437,889
Prepaid Expenses and Deferred Charges$2,706$9,383▲ $6,677
Accounts Receivable$2,300$2,235▼ $65
Total Assets$13,632,947$13,780,230▲ $147,283
Other Assets Total$3,701$192,301▲ $188,600
Liabilities
Escrow Account Liability$248,717$233,102▼ $15,615
Other Liabilities$19,150--
Accounts Payable and Accrued Expenses$1,864$6,513▲ $4,649
Total Liabilities$269,731$239,615▼ $30,116
Net Assets / Fund Balance
Unrestricted Net Assets$13,363,216$13,540,615▲ $177,399
Total Net Assets Fund Balance$13,363,216$13,540,615▲ $177,399
Total Liabilities and Net Assets / Fund Balance$13,632,947$13,780,230▲ $147,283

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$201,294$159,999$361,293
Buildings$55,501$221,753$277,254
Equipment$22,095$225,112$247,207
Land$203,397-$203,397

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$12,501,517-▲ $250,526$306,000$12,446,043
2015$13,003,727$45,955▼ $152,165$216,000$12,501,517
2014$11,792,073$105,120▲ $1,340,534$234,000$13,003,727
2013$9,221,785$88,460▲ $2,641,828$160,000$11,792,073
2012$7,882,683$125,551▲ $1,379,551$166,000$9,221,785
Compensation and Service Providers

Employees

NameTitleBaseTotal
Arthur LathropTreasurer$3,500$3,500
John CurriePresident/se$3,500$3,500
Garry MansfieldTrustee$1,000$1,000
Jean CrowleyTrustee$1,000$1,000
Joseph DawsonTrustee$1,000$1,000
Philip FriendAssistant Tr$1,000$1,000
Steven DabkowskiTrustee$1,000$1,000
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$450,064
Investment Income
$373,175
Other Revenue
$0
All Other Contributions
$10,000
Change in Net Assets
$227,491

Audited Revenue Reconciliation

Revenue per Audited Statements
$761,062
Revenue Not Reported on Financial Statements
$72,177
Revenue Not Reported on Form 990
$-50,092
Total Revenue per Audited Statements
$710,970
Total Revenue per Form 990
$833,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$324,689
Other Expenses$281,059
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$155,386$25,497-$180,883
Current Officers, Directors, Trustees, and Key Employees$64,104$12,000-$76,104
Fees for Service Investment Mgmnt Fees-$72,177-$72,177
Depreciation Depletion$48,598--$48,598
Other Employee Benefits$33,445--$33,445
Payroll Taxes$31,673--$31,673
All Other Expenses$25,775$2,823-$28,598
Insurance$26,950--$26,950
Fees for Services Accounting-$10,395-$10,395
Other Expenses$8,774--$8,774
Fees for Services Other-$5,351-$5,351
Office Expenses-$3,234-$3,234
Pension Plan Contributions$2,584--$2,584
Information Technology-$2,132-$2,132
Total Functional Expenses$472,139$133,609$0$605,748

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$605,748
Expenses per Audited Statements$533,571
Total Expenses per Audited Statements$533,571
Expenses Not Reported on Financial Statements$72,177
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Management reviews from 990 with outside accountants prior to filing returns.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
River Bend Cemetery Company
EIN
05-0210140
Phone
4015962724
Address
117 BEACH ST, WESTERLY, RI 02891

Signing Officer

Name
John Currie
Title
President/secretary
Phone
4015962724
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Currie
Formed
1849
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
7
Employees
12

Preparer

Firm
Hoyt Filippetti & Malaghan LLC
Address
107 AIRPORT RD, WESTERLY, RI 02891-3420
Preparer
K Elise Vonhousen CPA
Phone
4015962000
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The company holds deposits for prepaid interment services.

Schedule D, Page 2, Part V, Line 4

Perpetual care funds are held for the maintenance of grave sites in perpetuity. Permanent funds are held for the maintenance of the cemetery roads and buildings in perpetuity.

Schedule D, Page 3, Part X

The company did not recognize any liability for uncertain tax positions as defined by accounting principles generally accepted in the united states of america.

Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0277254
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt012501517
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt012446043
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0250526
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0306000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013003727
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt045955
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt012501517
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-152165
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0216000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt011792073
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0105120
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013003727
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01340534
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0234000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09221785
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt088460
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt011792073
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02641828
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0160000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt07882683
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0125551
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09221785
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01379551
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0166000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt022095
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0225112
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0247207
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt072177
IRS990ScheduleD/ExpensesSubtotalAmt0533571
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt072177
IRS990ScheduleD/InvestmentExpensesNotIncldAmt072177
IRS990ScheduleD/LandGrp/BookValueAmt0203397
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0203397
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0201294
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0159999
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0361293
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-50092
IRS990ScheduleD/RevenueNotReportedAmt0-50092
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt072177
IRS990ScheduleD/RevenueSubtotalAmt0761062
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY HOLDS DEPOSITS FOR PREPAID INTERMENT SERVICES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PERPETUAL CARE FUNDS ARE HELD FOR THE MAINTENANCE OF GRAVE SITES IN PERPETUITY. PERMANENT FUNDS ARE HELD FOR THE MAINTENANCE OF THE CEMETERY ROADS AND BUILDINGS IN PERPETUITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE COMPANY DID NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS AS DEFINED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0482287
IRS990ScheduleD/TotalExpensesPerForm990Amt0605748
IRS990ScheduleD/TotalRevenuePerForm990Amt0833239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0710970
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0533571
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS FROM 990 WITH OUTSIDE ACCOUNTANTS PRIOR TO FILING RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013632947
IRS990/TotalAssetsEOYAmt013780230
IRS990/TotalAssetsGrp/BOYAmt013632947
IRS990/TotalAssetsGrp/EOYAmt013780230
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010000
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0133609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0472139
IRS990/TotalFunctionalExpensesGrp/TotalAmt0605748
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0269731
IRS990/TotalLiabilitiesEOYAmt0239615
IRS990/TotalLiabilitiesGrp/BOYAmt0269731
IRS990/TotalLiabilitiesGrp/EOYAmt0239615
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013363216
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013540615
IRS990/TotalProgramServiceRevenueAmt0450064
IRS990/TotalReportableCompFromOrgAmt012000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0823239
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0833239
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013632947
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013780230
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt013363216
IRS990/UnrestrictedNetAssetsGrp/EOYAmt013540615
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0117 BEACH ST
IRS990/USAddress/CityNm0WESTERLY
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002891
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RIVERBENDCEMETERY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN CURRIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum04015962724
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVER BEND CEMETERY COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0050210140
ReturnHeader/Filer/PhoneNum04015962724
ReturnHeader/Filer/USAddress/AddressLine1Txt0117 BEACH ST
ReturnHeader/Filer/USAddress/CityNm0WESTERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002891
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0925B78A6857A337E2CF11B33A92CEC4D68C2ECC0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId033E6FAFFFD566DABB1F0501102EBAC711B991D4F
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201696994
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOYT FILIPPETTI & MALAGHAN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 AIRPORT RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTERLY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0028913420
ReturnHeader/PreparerPersonGrp/PhoneNum04015962000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0K ELISE VONHOUSEN CPA
ReturnHeader/ReturnTs02017-05-12T12:01:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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