Civic Intelligence

Fairview Endowment Fund Inc.

990EZ • Fiscal year 2023 • EIN 32-0165321

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 19, 2024

Organization ProfileN/A
PO Box JBrownstown, IN 47220

(812) 358-4000

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

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

2023 filings • 501(c)13 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.00x

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

2023 filings • 501(c)13 • <$500k nonprofits • Source year 2023

Net Margin

2nd percentile

-392%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)13 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$9,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 61.5% of source-year revenue.

2023 filings • 501(c)13 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)13 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-20%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)13 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$369,898

Down $57,352 (-13%) from 2022

Net Assets

Down

$369,898

Down $57,352 (-13%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin2nd percentile

Revenue

Down

$14,623

Down $3,610 (-20%) from 2022

Expenses

Up

$71,975

Up $49,415 (+219%) from 2022

Net Income

Down

-$57,352

Down $53,025 (-1225%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$600K$400K$200K$0Assets 2016: $418,288Liabilities 2016: $0Net Assets 2016: $418,2882016Assets 2017: $416,673Liabilities 2017: $0Net Assets 2017: $416,6732017Assets 2018: $430,238Liabilities 2018: $0Net Assets 2018: $430,2382018Assets 2019: $426,260Liabilities 2019: $0Net Assets 2019: $426,2602019Assets 2020: $416,837Liabilities 2020: $0Net Assets 2020: $416,8372020Assets 2021: $431,577Liabilities 2021: $0Net Assets 2021: $431,5772021Assets 2022: $427,250Liabilities 2022: $0Net Assets 2022: $427,2502022Assets 2023: $369,898Liabilities 2023: $0Net Assets 2023: $369,8982023Assets 2024: $373,154Liabilities 2024: $0Net Assets 2024: $373,1542024

Highlighted filing

2023

Assets$369,898
Liabilities$0
Net Assets$369,898
Open 2023 Filing

Operations Trend

Revenue Growth31st percentile

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

$100K$50K$0-$50K-$100KRevenue 2016: $13,223Expenses 2016: $10,400Net Income 2016: $2,8232016Revenue 2017: $20,729Expenses 2017: $19,350Net Income 2017: $1,3792017Revenue 2018: $23,764Expenses 2018: $22,580Net Income 2018: $1,1842018Revenue 2019: $18,422Expenses 2019: $22,520Net Income 2019: -$4,0982019Revenue 2020: $13,751Expenses 2020: $23,305Net Income 2020: -$9,5542020Revenue 2021: $38,140Expenses 2021: $23,380Net Income 2021: $14,7602021Revenue 2022: $18,233Expenses 2022: $22,560Net Income 2022: -$4,3272022Revenue 2023: $14,623Expenses 2023: $71,975Net Income 2023: -$57,3522023Revenue 2024: $29,243Expenses 2024: $25,987Net Income 2024: $3,2562024

Highlighted filing

2023

Revenue$14,623
Expenses$71,975
Net Income-$57,352
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 19, 2024
Return Version
2023v5.0
Gross Receipts
$83,511
Mission and Program Overview

Mission

Fairview endowment fund was organized for the purpose of providing a perpetual endowment fund for the brownstown fairview cemetery, and any other cemetery which may be owned in the future by the town of brownstown, indiana.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE CEMETERY OF THE TOWN OF BROWNSTOWN, INDIANA. ENDOWMENT EARNINGS ARE USED FOR THE PERPETUAL CARE OF THE CEMETERY, SUCH AS ROAD MAINTENANCE, LANDSCAPING, STRUCTURE MAINTENANCE, AND MARKER MAINTENANCE. ON SEPTEMBER 27, 2023, THE ORGANIZATION GRANTED $50,000 TO THE TOWN OF BROWNSTOWN FOR THE BENEFIT OF THE TOWN CEMETERY. IN 2023, THE ORGANIZATION PAID $7,000 TO JAMES PHILLIPS TO MAINTAIN AND ENTER NEW INFORMATION ON THE BROWNSTOWN FAIRVIEW CEMETERY WEBSITE, INCLUDING GRAVE SITES, OBITUARIES AND HEADSTONE PICTURES, AND PAID $400 TO BRIAN SOMMERS FOR ADDITIONAL CONTRACT WORK. THESE EXPENDITURES ARE INCLUDED IN REPORTABLE COMPENSATION PAID TO DIRECTORS IN PART IV.$50,000$0
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES PHILLIPSMember-$9,000-$9,000
BRIAN SOMMERSSecretary/Treasurer-$2,400-$2,400
GINA BANEMember-$2,000-$2,000
WALTER MCCORMICKMember-$2,000-$2,000
SCOTT BUTTMember-$2,000-$2,000
LUKE NOLTINGPresident-$2,000-$2,000
Filing and Contact Details

Filer

Filer Name
Fairview Endowment Fund Inc
EIN
32-0165321
Phone
8123584000
Address
PO BOX J, BROWNSTOWN, IN 47220

Signing Officer

Name
Brian Sommers
Title
Treasurer
Phone
8123584000
Signed
2024-03-19
Discuss with paid preparer
Yes

Preparer

Firm
Blue & Co LLC
Address
813 WEST SECOND STREET, SEYMOUR, IN 47274
Preparer
Thomas E Reinhart CPA
Phone
8125228416
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 1,274. Description: dividends. Amount: 10,494. Total included on form 990-ez, line 4: 11,768.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: town cemetery. Grantee name: town of brownstown. Grantee address: 116 east cross street brownstown, in 47220. Date of gift: 09/27/23. Amount given: 50,000.”

Raw XML Appendix132 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRIAN SOMMERS
IRS990EZ/BooksInCareOfDetail/PhoneNum08123584000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 NORTH MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROWNSTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd047220
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0427250
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0369898
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt068888
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-57352
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02575
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0427250
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0369898
IRS990EZ/GainOrLossFromSaleOfAssetsAmt02755
IRS990EZ/GrantsAndSimilarAmountsPaidAmt050000
IRS990EZ/GrossReceiptsAmt083511
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt011768
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0427250
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0369898
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0427250
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0369898
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt02000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt12000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt22000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt32400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt49000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt52000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GINA BANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WALTER MCCORMICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT BUTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRIAN SOMMERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JAMES PHILLIPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LUKE NOLTING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FAIRVIEW ENDOWMENT FUND WAS ORGANIZED FOR THE PURPOSE OF PROVIDING A PERPETUAL ENDOWMENT FUND FOR THE BROWNSTOWN FAIRVIEW CEMETERY, AND ANY OTHER CEMETERY WHICH MAY BE OWNED IN THE FUTURE BY THE TOWN OF BROWNSTOWN, INDIANA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE CEMETERY OF THE TOWN OF BROWNSTOWN, INDIANA. ENDOWMENT EARNINGS ARE USED FOR THE PERPETUAL CARE OF THE CEMETERY, SUCH AS ROAD MAINTENANCE, LANDSCAPING, STRUCTURE MAINTENANCE, AND MARKER MAINTENANCE. ON SEPTEMBER 27, 2023, THE ORGANIZATION GRANTED $50,000 TO THE TOWN OF BROWNSTOWN FOR THE BENEFIT OF THE TOWN CEMETERY. IN 2023, THE ORGANIZATION PAID $7,000 TO JAMES PHILLIPS TO MAINTAIN AND ENTER NEW INFORMATION ON THE BROWNSTOWN FAIRVIEW CEMETERY WEBSITE, INCLUDING GRAVE SITES, OBITUARIES AND HEADSTONE PICTURES, AND PAID $400 TO BRIAN SOMMERS FOR ADDITIONAL CONTRACT WORK. THESE EXPENDITURES ARE INCLUDED IN REPORTABLE COMPENSATION PAID TO DIRECTORS IN PART IV.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt019400
IRS990EZ/SaleOfAssetsGrossAmt071643
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt071975
IRS990EZ/TotalRevenueAmt014623
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 1,274. DESCRIPTION: DIVIDENDS. AMOUNT: 10,494. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 11,768.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: TOWN CEMETERY. GRANTEE NAME: TOWN OF BROWNSTOWN. GRANTEE ADDRESS: 116 EAST CROSS STREET BROWNSTOWN, IN 47220. DATE OF GIFT: 09/27/23. AMOUNT GIVEN: 50,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN SOMMERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08123584000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIRVIEW ENDOWMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
ReturnHeader/Filer/EIN0320165321
ReturnHeader/Filer/PhoneNum08123584000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX J
ReturnHeader/Filer/USAddress/CityNm0BROWNSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047220
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351178661
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLUE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0813 WEST SECOND STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEYMOUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047274
ReturnHeader/PreparerPersonGrp/PhoneNum08125228416
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS E REINHART CPA
ReturnHeader/ReturnTs02024-03-28T16:06:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SOMMERS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$369,898
Liabilities
$0
Net assets
$369,898
Revenue
$14,623
Expenses
$71,975
Net income
-$57,352
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.29$0.26$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$0.15$0.72$0.57
2022Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$0.18$0.23$0.04
2021Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$0.38$0.23$0.15
2020Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.14$0.23$0.10
2019Detailed filing. Detailed filing data is available for this year.$4.26$0.00$4.26$0.18$0.23$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.30$0.00$4.30$0.24$0.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.21$0.19$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.18$0.00$4.18$0.13$0.10$0.03