Civic Intelligence

Freeport Memorial Gardens Inc

EIN 36-2199729 • 501(c)13 • Freeport, IL

Profile

Operation of cemetery and memorial gardens

2514 Illinois Route 26 SouthFreeport, IL 61032

www.chapelhillfreeport.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.06x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)13 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

82nd percentile

0.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)13 • $1M-$5M nonprofits • Source year 2025

Net Margin

36th percentile

13%

Higher net margin than 36% of similar nonprofits.

501(c)13 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

94th percentile

$86,362

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)13 • $1M-$5M nonprofits • Source year 2025

Asset Growth

71st percentile

9.1%

Faster asset growth than 71% of similar nonprofits.

501(c)13 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

48th percentile

11%

Faster revenue growth than 48% of similar nonprofits.

501(c)13 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,944,503

Up $161,459 (+9.1%) from 2024

Liabilities

Up

$114,808

Up $50,113 (+77%) from 2024

Net Assets

Up

$1,829,695

Up $111,346 (+6.5%) from 2024

Revenue

Up

$742,309

Up $72,916 (+11%) from 2024

Expenses

Down

$646,336

Down $2,326 (-0.4%) from 2024

Net Income

Up

$95,973

Up $75,242 (+363%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2014: $1,150,655Liabilities 2014: $33,786Net Assets 2014: $1,116,8692014Assets 2015: $1,168,994Liabilities 2015: $46,424Net Assets 2015: $1,122,5702015Assets 2016: $1,170,440Liabilities 2016: $44,852Net Assets 2016: $1,125,5882016Assets 2017: $1,202,577Liabilities 2017: $51,100Net Assets 2017: $1,151,4772017Assets 2018: $1,280,274Liabilities 2018: $73,747Net Assets 2018: $1,206,5272018Assets 2019: $1,339,795Liabilities 2019: $60,426Net Assets 2019: $1,279,3692019Assets 2020: $1,490,088Liabilities 2020: $70,618Net Assets 2020: $1,419,4702020Assets 2021: $1,629,241Liabilities 2021: $70,466Net Assets 2021: $1,558,7752021Assets 2022: $1,698,840Liabilities 2022: $101,051Net Assets 2022: $1,597,7892022Assets 2023: $1,763,806Liabilities 2023: $83,254Net Assets 2023: $1,680,5522023Assets 2024: $1,783,044Liabilities 2024: $64,695Net Assets 2024: $1,718,3492024Assets 2025: $1,944,503Liabilities 2025: $114,808Net Assets 2025: $1,829,6952025

Highlighted filing

2025

Assets$1,944,503
Liabilities$114,808
Net Assets$1,829,695

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2014: $441,485Expenses 2014: $449,904Net Income 2014: -$8,4192014Revenue 2015: $449,453Expenses 2015: $443,752Net Income 2015: $5,7012015Revenue 2016: $458,237Expenses 2016: $455,219Net Income 2016: $3,0182016Revenue 2017: $457,363Expenses 2017: $431,474Net Income 2017: $25,8892017Revenue 2018: $497,754Expenses 2018: $442,704Net Income 2018: $55,0502018Revenue 2019: $527,946Expenses 2019: $455,104Net Income 2019: $72,8422019Revenue 2020: $644,483Expenses 2020: $504,382Net Income 2020: $140,1012020Revenue 2021: $651,461Expenses 2021: $517,234Net Income 2021: $134,2272021Revenue 2022: $624,882Expenses 2022: $571,659Net Income 2022: $53,2232022Revenue 2023: $675,920Expenses 2023: $609,783Net Income 2023: $66,1372023Revenue 2024: $669,393Expenses 2024: $648,662Net Income 2024: $20,7312024Revenue 2025: $742,309Expenses 2025: $646,336Net Income 2025: $95,9732025

Highlighted filing

2025

Revenue$742,309
Expenses$646,336
Net Income$95,973

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.94$0.11$1.83$0.74$0.65$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.06$1.72$0.67$0.65$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.08$1.68$0.68$0.61$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.10$1.60$0.62$0.57$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.07$1.56$0.65$0.52$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.07$1.42$0.64$0.50$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.06$1.28$0.53$0.46$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.07$1.21$0.50$0.44$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.05$1.15$0.46$0.43$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.04$1.13$0.46$0.46$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.05$1.12$0.45$0.44$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.12$0.44$0.45$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 24, 2026
Return Version
2025v4.0
Gross Receipts
$743,219
Mission and Program Overview

Mission

Operation of cemetery and memorial gardens

Operation of cemetery and memorial gardens in freeport, illinois

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,106,078$1,281,024▲ $174,946
Land, Buildings, and Equipment, Net$216,205$204,061▼ $12,144
Inventories for Sale or Use$207,645$198,713▼ $8,932
Accounts Receivable$105,588$59,013▼ $46,575
Total Assets$1,783,044$1,944,503▲ $161,459
Other Assets Total$147,528$201,692▲ $54,164
Liabilities
Accounts Payable and Accrued Expenses$58,695$70,013▲ $11,318
Other Liabilities$6,000$44,795▲ $38,795
Total Liabilities$64,695$114,808▲ $50,113
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,718,349$1,829,695▲ $111,346
Total Net Assets Fund Balance$1,718,349$1,829,695▲ $111,346
Total Liabilities and Net Assets / Fund Balance$1,783,044$1,944,503▲ $161,459

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$108,691$534,205$642,896
Buildings$79,230$356,263$435,493
Other Land Buildings-$226,258$226,258
Land$92,014-$92,014
Other Assets Org$38,791--
Leasehold Improvements$-75,871-$-75,871
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bryan NortonPresidentFT$84,100$2,262$86,362
Dorothy NortonSecretary/trFT$69,600$1,872$71,472
Thomas L MollPresidentPT$18,000-$18,000

Board Members and Trustees

NameTitle
Kirk MollVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$590,390
Investment Income
$151,919
Other Revenue
$0
Change in Net Assets
$95,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$330,683
Other Expenses$315,653
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$171,700
Other Salaries and Wages---$153,544
Insurance---$84,915
Depreciation Depletion---$53,797
Office Expenses---$22,068
All Other Expenses---$20,724
Fees for Services Accounting---$12,914
Other Expenses---$12,788
Occupancy---$6,459
Pension Plan Contributions---$5,439
Advertising---$3,595
Total Functional Expenses$0$0$0$646,336
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Others$38,795
Debentures Payable$6,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
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

990 return is reviewed by treasurer after being prepared by outside cpa prior to filing

Form 990, Page 6, Part VI, Line 19

990's are available to public upon request. No requests were made during the current year

Filing and Contact Details

Filer

Filer Name
Freeport Memorial Gardens Inc
EIN
36-2199729
Phone
8152352167
Address
2514 ILLINOIS ROUTE 26 SOUTH, FREEPORT, IL 61032

Signing Officer

Name
Bryan Norton
Title
President
Phone
8152352167
Signed
2026-01-24

Organization Details

Principal Officer
Bryan Norton
Formed
1951
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
8

Preparer

Firm
Lucas Group Cpas Advisors Pllc
Address
1753 S WEST AVE, FREEPORT, IL 61032-6709
Preparer
Daniel Rowe
Phone
8152359610
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Operation of cemetery and memorial gardens

Financial Statement Notes

Schedule D, Page 4, Part XIII

Part vi, line 1e other road and drainage system negative 75,871 in leasehold improvements is highway drainage improvement reimbursement from the state of illinois part vi, line 1c leasehold improvements highway drainage improvement reimbursement

Raw XML Appendix293 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
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01829695
IRS990/TotalOtherCompensationAmt04134
IRS990/TotalProgramServiceRevenueAmt0590390
IRS990/TotalReportableCompFromOrgAmt0171700
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0742309
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0742309
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01783044
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01944503
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02514 ILLINOIS ROUTE 26 SOUTH
IRS990/USAddress/CityNm0FREEPORT
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061032
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.CHAPELHILLFREEPORT.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAN NORTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08152352167
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEPORT MEMORIAL GARDENS INC
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0362199729
ReturnHeader/Filer/PhoneNum08152352167
ReturnHeader/Filer/USAddress/AddressLine1Txt02514 ILLINOIS ROUTE 26 SOUTH
ReturnHeader/Filer/USAddress/CityNm0FREEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061032
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273238017
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUCAS GROUP CPAS ADVISORS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01753 S WEST AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREEPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0610326709
ReturnHeader/PreparerPersonGrp/PhoneNum08152359610
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL ROWE
ReturnHeader/ReturnTs02026-02-16T17:06:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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