Civic Intelligence

Sunset Memorial Park Association

990 • Fiscal year 2015 • EIN 34-0563965

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 01, 2016

6265 Columbia Rd PO Box 729North Olmsted, OH 44070

(440) 777-0450

Siviq Scores

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

Liabilities / Assets

74th percentile

0.57x

Higher debt load relative to assets than 74% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

4.39x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Source year 2015

Net Margin

20th percentile

-4.9%

Higher net margin than 20% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

10th percentile

$0

Higher top officer pay than 10% of similar nonprofits.

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

2015 filings • $50M-$100M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$51,725,701

No earlier filing loaded for comparison.

Net Assets

$22,159,670

No earlier filing loaded for comparison.

Liabilities

$29,566,031

No earlier filing loaded for comparison.

Revenue

$6,734,986

No earlier filing loaded for comparison.

Expenses

$7,066,772

No earlier filing loaded for comparison.

Net Income

-$331,786

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2015: $51,725,701Liabilities 2015: $29,566,031Net Assets 2015: $22,159,6702015Assets 2016: $57,497,732Liabilities 2016: $34,082,424Net Assets 2016: $23,415,3082016Assets 2017: $60,510,898Liabilities 2017: $38,465,520Net Assets 2017: $22,045,3782017Assets 2018: $64,347,994Liabilities 2018: $43,331,654Net Assets 2018: $21,016,3402018Assets 2019: $69,055,162Liabilities 2019: $47,722,474Net Assets 2019: $21,332,6882019Assets 2020: $72,056,444Liabilities 2020: $51,852,072Net Assets 2020: $20,204,3722020Assets 2021: $79,187,854Liabilities 2021: $57,973,903Net Assets 2021: $21,213,9512021Assets 2022: $83,228,717Liabilities 2022: $62,454,192Net Assets 2022: $20,774,5252022Assets 2023: $87,780,569Liabilities 2023: $66,606,305Net Assets 2023: $21,174,2642023Assets 2024: $93,654,509Liabilities 2024: $71,653,161Net Assets 2024: $22,001,3482024

Highlighted filing

2015

Assets$51,725,701
Liabilities$29,566,031
Net Assets$22,159,670

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $6,734,986Expenses 2015: $7,066,772Net Income 2015: -$331,7862015Revenue 2016: $5,127,729Expenses 2016: $5,571,174Net Income 2016: -$443,4452016Revenue 2017: $6,735,016Expenses 2017: $6,255,943Net Income 2017: $479,0732017Revenue 2018: $6,960,076Expenses 2018: $7,041,622Net Income 2018: -$81,5462018Revenue 2019: $4,646,671Expenses 2019: $5,960,490Net Income 2019: -$1,313,8192019Revenue 2020: $3,225,937Expenses 2020: $6,056,297Net Income 2020: -$2,830,3602020Revenue 2021: $7,193,716Expenses 2021: $6,905,147Net Income 2021: $288,5692021Revenue 2022: $6,834,210Expenses 2022: $6,701,533Net Income 2022: $132,6772022Revenue 2023: $6,037,997Expenses 2023: $6,141,611Net Income 2023: -$103,6142023Revenue 2024: $6,768,410Expenses 2024: $6,732,871Net Income 2024: $35,5392024

Highlighted filing

2015

Revenue$6,734,986
Expenses$7,066,772
Net Income-$331,786
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 1, 2016
Return Version
2015v2.1
Gross Receipts
$8,019,428
Mission and Program Overview

Mission

Sunset memorial park helps families who are in total chaos after death occurs to take their first few steps back to an organized life, by providing compasionate services, emotional support, and maintaining a lasting legacy to their loved one's memory.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,602,157$19,822,456▼ $2,779,701
Inventories for Sale or Use$9,456,799$10,241,179▲ $784,380
Accounts Receivable$2,903,362$3,270,152▲ $366,790
Land, Buildings, and Equipment, Net$2,334,758$2,272,202▼ $62,556
Cash and Non-Interest-Bearing Accounts$21,187$6,944▼ $14,243
Total Assets$49,114,720$51,725,701▲ $2,610,981
Other Assets Total$11,796,457$16,112,768▲ $4,316,311
Liabilities
Accounts Payable and Accrued Expenses$20,388,035$25,759,691▲ $5,371,656
Deferred Revenue$4,319,789$3,806,340▼ $513,449
Total Liabilities$24,707,824$29,566,031▲ $4,858,207
Net Assets / Fund Balance
Permanently Rstr Net Assets$16,616,061$14,278,219▼ $2,337,842
Temporarily Rstr Net Assets$5,986,096$5,606,680▼ $379,416
Unrestricted Net Assets$1,804,739$2,274,771▲ $470,032
Total Net Assets Fund Balance$24,406,896$22,159,670▼ $2,247,226
Total Liabilities and Net Assets / Fund Balance$49,114,720$51,725,701▲ $2,610,981

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,367,849$3,133,945$4,501,794
Land$904,353-$904,353
Other Assets Org$16,112,768--
Compensation and Service Providers

Board Members and Trustees

NameTitle
William M HamiltonPresident
Mark ShinderEvp & CFO
Brian SullivanVice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,615,729
Investment Income
$-422,383
Other Revenue
$5,541,640
Change in Net Assets
$-331,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,066,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$4,528
All Other Expenses---$-27,024
Total Functional Expenses$0$0$0$7,066,772
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 9

William m. Hamilton 1900 st. James pl., suite 300 houston, tx 77056 brian sullivan 1900 st. James pl., suite 300 houston, tx 77056 mark shinder 1900 st. James pl., suite 300 houston, tx 77056

Form 990, Page 6, Part VI, Line 10B

Each of the officers and trustees are employed part time by entities which they control. As a result, these entities are affiliates of sunset memorial park association although there is no common ownership or commonality of control beyond the individuals having offices in both companies. Each individual is compensated by the other party for being an employee. No such compensation, or any part of it, is paid by sunset memorial park association.

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

All board members are given the opportunity to review the form 990 before it is filed. It is made available electronically and in paper form at the organization's office.

Form 990, Page 6, Part VI, Line 12C

The organization does not reevaluate potential conflicts of interest annually, as all potential conflicts of interest are to be avoided without prior consent from the organization. This includes all employment, advisement, or consulting roles. The organization is working internally to develop a document retention and destruction policy. The organization's management and legal team believe the document policy is very important and as such, has not wanted to rush into anything, simply to get a policy written. They want to create an effective policy that will serve the company in a positive manner. The policy is intended to be written and implemented before the next tax year ends.

Form 990, Page 6, Part VI, Line 15A

Top management's compensation is paid competitively, based on market/industry standards. This compensation is reviewed and approved by the board of trustees on an annual basis.

Form 990, Page 6, Part VI, Line 15B

Merit/compensation increases are determined on an annual basis utilizing a review process. Each employee goes through an annual review with their immediate supervisor. During this time the supervisor will received a -not to exceed amount" from the trustees, which can be used to create a "location bonus pool". That amount is used to determine merit increases for each employee utilizing the review process, supervisor's comments, work ethic, quality of work, commitment, and attendance. Some employees receive no increase, while others may receive a 5% increase, but the overall amount dedicated to merit raises will not exceed the location's approved bonus pool. Reveiws and merit increases historically occur in may or june.

Form 990, Page 6, Part VI, Line 19

All public documents, including governing documents are available upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Sunset Memorial Park
EIN
34-0563965
Phone
4407770450
Address
6265 COLUMBIA RD PO BOX 729, NORTH OLMSTED, OH 44070

Signing Officer

Name
William M Hamilton
Title
President
Phone
4407770450
Signed
2016-09-01

Organization Details

Principal Officer
William M Hamilton
Legal Domicile
Oh
Voting Board Members
2
Independent Board Members
2
Employees
30

Preparer

Firm
Mcguire Yuhas Huffman & Buckley Pc
Address
334 W ELDORADO STREET, DECATUR, IL 62522-2192
Preparer
Cody Buckley
Phone
2174282127
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Sunset memorial park helps families who are in total chaos after death occurs to take their first few steps back to an organized life, by providing compasionate services, emotional support, and maintaining a lasting legacy to their loved one's memory.

Form 990, Part XI, Line 9

Adjust investment to market value -1,915,440 total -1,915,440

Raw XML Appendix291 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUNSET MEMORIAL PARK HELPS FAMILIES WHO ARE IN TOTAL CHAOS AFTER DEATH OCCURS TO TAKE THEIR FIRST FEW STEPS BACK TO AN ORGANIZED LIFE, BY PROVIDING COMPASIONATE SERVICES, EMOTIONAL SUPPORT, AND MAINTAINING A LASTING LEGACY TO THEIR LOVED ONE'S MEMORY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WILLIAM M. HAMILTON 1900 ST. JAMES PL., SUITE 300 HOUSTON, TX 77056 BRIAN SULLIVAN 1900 ST. JAMES PL., SUITE 300 HOUSTON, TX 77056 MARK SHINDER 1900 ST. JAMES PL., SUITE 300 HOUSTON, TX 77056
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH OF THE OFFICERS AND TRUSTEES ARE EMPLOYED PART TIME BY ENTITIES WHICH THEY CONTROL. AS A RESULT, THESE ENTITIES ARE AFFILIATES OF SUNSET MEMORIAL PARK ASSOCIATION ALTHOUGH THERE IS NO COMMON OWNERSHIP OR COMMONALITY OF CONTROL BEYOND THE INDIVIDUALS HAVING OFFICES IN BOTH COMPANIES. EACH INDIVIDUAL IS COMPENSATED BY THE OTHER PARTY FOR BEING AN EMPLOYEE. NO SUCH COMPENSATION, OR ANY PART OF IT, IS PAID BY SUNSET MEMORIAL PARK ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 BEFORE IT IS FILED. IT IS MADE AVAILABLE ELECTRONICALLY AND IN PAPER FORM AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT REEVALUATE POTENTIAL CONFLICTS OF INTEREST ANNUALLY, AS ALL POTENTIAL CONFLICTS OF INTEREST ARE TO BE AVOIDED WITHOUT PRIOR CONSENT FROM THE ORGANIZATION. THIS INCLUDES ALL EMPLOYMENT, ADVISEMENT, OR CONSULTING ROLES. THE ORGANIZATION IS WORKING INTERNALLY TO DEVELOP A DOCUMENT RETENTION AND DESTRUCTION POLICY. THE ORGANIZATION'S MANAGEMENT AND LEGAL TEAM BELIEVE THE DOCUMENT POLICY IS VERY IMPORTANT AND AS SUCH, HAS NOT WANTED TO RUSH INTO ANYTHING, SIMPLY TO GET A POLICY WRITTEN. THEY WANT TO CREATE AN EFFECTIVE POLICY THAT WILL SERVE THE COMPANY IN A POSITIVE MANNER. THE POLICY IS INTENDED TO BE WRITTEN AND IMPLEMENTED BEFORE THE NEXT TAX YEAR ENDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TOP MANAGEMENT'S COMPENSATION IS PAID COMPETITIVELY, BASED ON MARKET/INDUSTRY STANDARDS. THIS COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MERIT/COMPENSATION INCREASES ARE DETERMINED ON AN ANNUAL BASIS UTILIZING A REVIEW PROCESS. EACH EMPLOYEE GOES THROUGH AN ANNUAL REVIEW WITH THEIR IMMEDIATE SUPERVISOR. DURING THIS TIME THE SUPERVISOR WILL RECEIVED A -NOT TO EXCEED AMOUNT" FROM THE TRUSTEES, WHICH CAN BE USED TO CREATE A "LOCATION BONUS POOL". THAT AMOUNT IS USED TO DETERMINE MERIT INCREASES FOR EACH EMPLOYEE UTILIZING THE REVIEW PROCESS, SUPERVISOR'S COMMENTS, WORK ETHIC, QUALITY OF WORK, COMMITMENT, AND ATTENDANCE. SOME EMPLOYEES RECEIVE NO INCREASE, WHILE OTHERS MAY RECEIVE A 5% INCREASE, BUT THE OVERALL AMOUNT DEDICATED TO MERIT RAISES WILL NOT EXCEED THE LOCATION'S APPROVED BONUS POOL. REVEIWS AND MERIT INCREASES HISTORICALLY OCCUR IN MAY OR JUNE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL PUBLIC DOCUMENTS, INCLUDING GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ADJUST INVESTMENT TO MARKET VALUE -1,915,440 TOTAL -1,915,440
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05986096
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05606680
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt049114720
IRS990/TotalAssetsEOYAmt051725701
IRS990/TotalAssetsGrp/BOYAmt049114720
IRS990/TotalAssetsGrp/EOYAmt051725701
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt07066772
IRS990/TotalGrossUBIAmt077759
IRS990/TotalLiabilitiesBOYAmt024707824
IRS990/TotalLiabilitiesEOYAmt029566031
IRS990/TotalLiabilitiesGrp/BOYAmt024707824
IRS990/TotalLiabilitiesGrp/EOYAmt029566031
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt024406896
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022159670
IRS990/TotalProgramServiceRevenueAmt01615729
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06657227
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06734986
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt077759
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt049114720
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt051725701
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01804739
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02274771
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01900 ST JAMES PL SUITE 300
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077056
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM M HAMILTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04407770450
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUNSET MEMORIAL PARK
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSN
ReturnHeader/Filer/BusinessNameControlTxt0SUNS
ReturnHeader/Filer/EIN0340563965
ReturnHeader/Filer/PhoneNum04407770450
ReturnHeader/Filer/USAddress/AddressLine1Txt06265 COLUMBIA RD PO BOX 729
ReturnHeader/Filer/USAddress/CityNm0NORTH OLMSTED
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044070
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371107578
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCGUIRE YUHAS HUFFMAN & BUCKLEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0334 W ELDORADO STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DECATUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0625222192
ReturnHeader/PreparerPersonGrp/PhoneNum02174282127
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CODY BUCKLEY
ReturnHeader/ReturnTs02016-09-15T15:15:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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