Civic Intelligence

The River View Cemetery Inc

990 • Fiscal year 2017 • EIN 06-6038777

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 07, 2018

PO Box 14Essex, CT 06426

(860) 767-7992

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2017

Net Margin

26th percentile

2.5%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2017

Asset Growth

15th percentile

0.1%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)13 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-57%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)13 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,788,222

Up $3,355 (+0.1%) from 2016

Net Assets

Up

$3,788,222

Up $3,355 (+0.1%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$132,839

Down $175,376 (-57%) from 2016

Expenses

Down

$129,484

Down $2,774 (-2.1%) from 2016

Net Income

Down

$3,355

Down $172,602 (-98%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $2,961,990Liabilities 2012: $0Net Assets 2012: $2,961,9902012Assets 2013: $2,995,552Liabilities 2013: $0Net Assets 2013: $2,995,5522013Assets 2014: $3,126,005Liabilities 2014: $0Net Assets 2014: $3,126,0052014Assets 2015: $3,419,636Liabilities 2015: $0Net Assets 2015: $3,419,6362015Assets 2016: $3,784,867Liabilities 2016: $0Net Assets 2016: $3,784,8672016Assets 2017: $3,788,222Liabilities 2017: $0Net Assets 2017: $3,788,2222017Assets 2018: $3,818,655Liabilities 2018: $0Net Assets 2018: $3,818,6552018Assets 2019: $3,857,454Liabilities 2019: $0Net Assets 2019: $3,857,4542019Assets 2020: $3,975,800Liabilities 2020: $0Net Assets 2020: $3,975,8002020Assets 2021: $4,168,450Liabilities 2021: $0Net Assets 2021: $4,168,4502021Assets 2022: $4,100,671Liabilities 2022: $0Net Assets 2022: $4,100,6712022Assets 2023: $4,088,488Liabilities 2023: $0Net Assets 2023: $4,088,4882023Assets 2024: $4,377,637Liabilities 2024: $0Net Assets 2024: $4,377,6372024

Highlighted filing

2017

Assets$3,788,222
Liabilities$0
Net Assets$3,788,222

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $128,146Expenses 2012: $121,397Net Income 2012: $6,7492012Revenue 2013: $142,961Expenses 2013: $109,399Net Income 2013: $33,5622013Revenue 2014: $236,137Expenses 2014: $105,684Net Income 2014: $130,4532014Revenue 2015: $415,087Expenses 2015: $121,456Net Income 2015: $293,6312015Revenue 2016: $308,215Expenses 2016: $132,258Net Income 2016: $175,9572016Revenue 2017: $132,839Expenses 2017: $129,484Net Income 2017: $3,3552017Revenue 2018: $172,377Expenses 2018: $141,944Net Income 2018: $30,4332018Revenue 2019: $196,724Expenses 2019: $157,925Net Income 2019: $38,7992019Revenue 2020: $247,767Expenses 2020: $129,421Net Income 2020: $118,3462020Revenue 2021: $332,930Expenses 2021: $140,280Net Income 2021: $192,6502021Revenue 2022: $124,717Expenses 2022: $192,496Net Income 2022: -$67,7792022Revenue 2023: $207,701Expenses 2023: $219,884Net Income 2023: -$12,1832023Revenue 2024: $489,508Expenses 2024: $200,359Net Income 2024: $289,1492024

Highlighted filing

2017

Revenue$132,839
Expenses$129,484
Net Income$3,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 7, 2018
Return Version
2017v2.2
Gross Receipts
$445,920
Mission and Program Overview

Mission

Cemetery Association

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,762,909$3,769,076▲ $6,167
Cash and Non-Interest-Bearing Accounts$21,765$19,146▼ $2,619
Savings and Temporary Cash Investments$193$0▼ $193
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,784,867$3,788,222▲ $3,355
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,567,151$3,569,481▲ $2,330
Permanently Rstr Net Assets$217,716$218,741▲ $1,025
Total Net Assets Fund Balance$3,784,867$3,788,222▲ $3,355
Total Liabilities and Net Assets / Fund Balance$3,784,867$3,788,222▲ $3,355

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,784,867$15,050▲ $117,789$70,310$3,788,222
2016$3,608,910$15,000▲ $293,215$63,103$3,784,867
2015$3,419,636$7,500▲ $302,211$50,608$3,608,910
2014$3,126,005$8,100▲ $406,587$49,923$3,419,636
2013$2,995,552$8,550▲ $226,587$37,623$3,126,005
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard MatherPresident
Steven BrinkmanPresident
Hank McInerneyVice President
Barbara SarantonioDirector
Carl NordDirector
Frank FloresDirector
Herbert ClarkDirector
Jean RichardsDir/Asst Treas.
Marla BogaertSecretary
Peter DeckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,050
Investment Income
$117,789
Other Revenue
$0
Change in Net Assets
$3,355

Audited Revenue Reconciliation

Revenue per Audited Statements
$119,839
Revenue Not Reported on Financial Statements
$13,000
Other Revenue Adjustments
$13,000
Total Revenue per Audited Statements
$119,839
Total Revenue per Form 990
$132,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,484
Grants and Similar Amounts Paid$40,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$45,540
Grants to Domestic Orgs---$40,000
Fees for Service Investment Mgmnt Fees---$10,306
Fees for Services Accounting---$6,200
Insurance---$2,270
Office Expenses---$2,259
Other Expenses---$76
Total Functional Expenses$0$0$0$129,484

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$129,484
Expenses per Audited Statements$116,484
Total Expenses per Audited Statements$116,484
Expenses Not Reported on Financial Statements$13,000
Other Expense Adjustments$13,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Middlesex County Community FundMiddletown, CT-Community Outreach$30,000
Essex Rotary Scholarship Foundation IncEssex, CT-Scholarships$10,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

A Member is any individual (or successor by heirship) or legal entity holding title to land within River View Cemetery, Inc in Essex, Connecticut. In addition, any person who will agree to help promote the objectives of the Corporation by contributing something to its support may become a Member by a majority vote of the Members present at a duly held meeting of the Board of Directors.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The Directors are elected from the membership at the Annual Meeting of the Members by a majority of those present and voting. The duties of the Board of Directors are to conduct the business of the Corporation.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The River View Cemetery bylaws state that if the board of directors are satisfied that the Organization's resources are adequate to meet its obligation to care for the cemeteries under its control, then the board may recommend a payment for community outreach to one or more qualified entities. The recommendations of the board are subject to the approval of members at their annual meeting or at a special meeting called for that purpose.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Finance Committee reviews Form 990 before it is filed. Copies are made available to the Board for their review.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Directors and Committee Members are required to attest annually to their familiarity with River View Cemetery, Inc policies and to provide information concerning any possible conflict of interest so that disclosure may, if necessary, be made.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request.

Filing and Contact Details

Filer

Filer Name
The River View Cemetery Inc
EIN
06-6038777
Address
PO Box 14, Essex, CT 06426

Signing Officer

Name
Peter Decker
Title
Treasurer
Signed
2018-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Mather
Formed
1922
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Lewitz Balosie Wollack Rayner & Giroux LLC
Address
36 Elm St, Old Saybrook, CT 06475
Preparer
Joseph J Wollack CPA
Phone
8603884451
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Part VIII, Lines 7a and 7c, Column ii: $601 represents long term capital gain distributions.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The income from the endowment fund is to be used for the care of the lots and the general maintenance and improvement of the cemetery. Surplus funds may be distributed to qualified charitable organizations.

Part X : FIN48 Footnote

The Organization is exempt from federal income taxes under Section 501(c)(13) of the Internal Revenue Code and application state law.The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Management has determined that the Organization does not have any uncertain tax positions and associated unrecognized tax benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the Organizations tax positions will not be challenged by the taxing authorities.

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Lot buy backs netted against income $13000

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Lot buy backs netted against income $13000

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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/OtherExpensesGrp/Desc3Printing and Publications
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IRS990/OtherExpensesGrp/TotalAmt19500
IRS990/OtherExpensesGrp/TotalAmt2333
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IRS990/PrincipalOfficerNm0Richard Mather
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IRS990/ReconcilationRevenueExpnssAmt03355
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0193
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.06000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt019174
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03784867
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0117789
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03419636
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt08550
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03126005
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0226587
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt037623
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt013000
IRS990ScheduleD/ExpensesSubtotalAmt0116484
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.94000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt013000
IRS990ScheduleD/RevenueSubtotalAmt0119839
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The income from the endowment fund is to be used for the care of the lots and the general maintenance and improvement of the cemetery. Surplus funds may be distributed to qualified charitable organizations.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization is exempt from federal income taxes under Section 501(c)(13) of the Internal Revenue Code and application state law.The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Management has determined that the Organization does not have any uncertain tax positions and associated unrecognized tax benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the Organizations tax positions will not be challenged by the taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOT BUY BACKS NETTED AGAINST INCOME $13000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3LOT BUY BACKS NETTED AGAINST INCOME $13000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt0129484
IRS990ScheduleD/TotalRevenuePerForm990Amt0132839
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0119839
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0116484
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Community Outreach
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Essex Rotary Scholarship Foundation Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Middlesex County Community Fund
IRS990ScheduleI/RecipientTable/RecipientEIN0061354326
IRS990ScheduleI/RecipientTable/RecipientEIN1061477711
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 484
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO Box 25
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Essex
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Middletown
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd006426
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd106457
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grantees report the use of funds to the Organization.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Part VIII, Lines 7a and 7c, Column ii: $601 represents long term capital gain distributions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A Member is any individual (or successor by heirship) or legal entity holding title to land within River View Cemetery, Inc in Essex, Connecticut. In addition, any person who will agree to help promote the objectives of the Corporation by contributing something to its support may become a Member by a majority vote of the Members present at a duly held meeting of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Directors are elected from the membership at the Annual Meeting of the Members by a majority of those present and voting. The duties of the Board of Directors are to conduct the business of the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The River View Cemetery bylaws state that if the board of directors are satisfied that the Organization's resources are adequate to meet its obligation to care for the cemeteries under its control, then the board may recommend a payment for community outreach to one or more qualified entities. The recommendations of the board are subject to the approval of members at their annual meeting or at a special meeting called for that purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Finance Committee reviews Form 990 before it is filed. Copies are made available to the Board for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Directors and Committee Members are required to attest annually to their familiarity with River View Cemetery, Inc policies and to provide information concerning any possible conflict of interest so that disclosure may, if necessary, be made.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$0.00$4.38$0.49$0.20$0.29
2023Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$0.21$0.22$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.10$0.00$4.10$0.12$0.19$0.07
2021Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.33$0.14$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$0.00$3.98$0.25$0.13$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.00$3.86$0.20$0.16$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.00$3.82$0.17$0.14$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.13$0.13$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.00$3.78$0.31$0.13$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$0.42$0.12$0.29
2014Summary only. Only limited summary data is available for this year.$3.13$0.00$3.13$0.24$0.11$0.13
2013Summary only. Only limited summary data is available for this year.$3.00$0.00$3.00$0.14$0.11$0.03
2012Summary only. Only limited summary data is available for this year.$2.96$0.00$2.96$0.13$0.12$0.01