Civic Intelligence

American Board of Funeral Service

EIN 36-2483076 • 501(c)3 • Woodbury Heights, NJ

Profile

The american board of funeral service education is organized for educational purposes in the interests of the public and of the funeral service profession. Its purpose is to cooperate with all groups and agencies having an interest in advancement of the principles and standards of funeral service education and to ensure funeral service/mortuary science education is of high quality and meets the needs of society.

992 Mantua PikeWoodbury Heights, NJ 08097

www.abfse.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.61x

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

NTEE Y • $1M-$5M nonprofits • Source year 2024

Net Margin

66th percentile

32%

Higher net margin than 66% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$135,830

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

11%

Faster asset growth than 72% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

59th percentile

14%

Faster revenue growth than 59% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$2,660,406

Up $509,416 (+24%) from 2022

Liabilities

Up

$550,377

Up $66,519 (+14%) from 2022

Net Assets

Up

$2,110,029

Up $442,897 (+27%) from 2022

Revenue

Up

$902,793

Up $203,499 (+29%) from 2022

Expenses

Up

$614,821

Up $69,346 (+13%) from 2022

Net Income

Up

$287,972

Up $134,153 (+87%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $499,462Liabilities 2010: $293,341Net Assets 2010: $206,1212010Assets 2012: $405,771Liabilities 2012: $289,546Net Assets 2012: $116,2252012Assets 2014: $574,730Liabilities 2014: $343,399Net Assets 2014: $231,3312014Assets 2015: $708,065Liabilities 2015: $323,000Net Assets 2015: $385,0652015Assets 2017: $1,119,845Liabilities 2017: $457,483Net Assets 2017: $662,3622017Assets 2018: $1,324,401Liabilities 2018: $461,335Net Assets 2018: $863,0662018Assets 2019: $1,499,699Liabilities 2019: $435,064Net Assets 2019: $1,064,6352019Assets 2020: $1,735,856Liabilities 2020: $412,913Net Assets 2020: $1,322,9432020Assets 2021: $1,969,140Liabilities 2021: $455,827Net Assets 2021: $1,513,3132021Assets 2022: $2,150,990Liabilities 2022: $483,858Net Assets 2022: $1,667,1322022Assets 2024: $2,660,406Liabilities 2024: $550,377Net Assets 2024: $2,110,0292024

Highlighted filing

2024

Assets$2,660,406
Liabilities$550,377
Net Assets$2,110,029

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $367,704Expenses 2010: $372,194Net Income 2010: -$4,4902010Expenses 2012: $444,9502012Revenue 2014: $444,028Expenses 2014: $434,304Net Income 2014: $9,7242014Revenue 2015: $547,148Expenses 2015: $393,414Net Income 2015: $153,7342015Revenue 2017: $614,719Expenses 2017: $412,794Net Income 2017: $201,9252017Revenue 2018: $711,149Expenses 2018: $512,980Net Income 2018: $198,1692018Revenue 2019: $681,422Expenses 2019: $479,853Net Income 2019: $201,5692019Revenue 2020: $641,069Expenses 2020: $382,761Net Income 2020: $258,3082020Revenue 2021: $598,728Expenses 2021: $408,358Net Income 2021: $190,3702021Revenue 2022: $699,294Expenses 2022: $545,475Net Income 2022: $153,8192022Revenue 2024: $902,793Expenses 2024: $614,821Net Income 2024: $287,9722024

Highlighted filing

2024

Revenue$902,793
Expenses$614,821
Net Income$287,972

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.55$2.11$0.90$0.61$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.48$1.67$0.70$0.55$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.46$1.51$0.60$0.41$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.41$1.32$0.64$0.38$0.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.44$1.06$0.68$0.48$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.46$0.86$0.71$0.51$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.46$0.66$0.61$0.41$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.32$0.39$0.55$0.39$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.34$0.23$0.44$0.43$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.29$0.12$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.29$0.21$0.37$0.37$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Apr 10, 2025
Return Version
2023v6.0
Gross Receipts
$902,793
Mission and Program Overview

Mission

The american board of funeral service education is organized for educational purposes in the interests of the public and of the funeral service profession. Its purpose is to cooperate with all groups and agencies having an interest in advancement of the principles and standards of funeral service education and to ensure funeral service/mortuary science education is of high quality and meets the needs of society.

American board of funeral service education, inc. (the organization) is a district of columbia not-for-profit organization formed in 1961 for the purpose of furthering education in the field of funeral service, formulating standards of funeral service education, and granting accreditation to qualified institutions and programs for funeral service education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,391,764$1,580,026▲ $188,262
Cash and Non-Interest-Bearing Accounts$845,008$958,742▲ $113,734
Accounts Receivable$45,435$70,908▲ $25,473
Prepaid Expenses and Deferred Charges$15,863$13,767▼ $2,096
Total Assets$2,298,070$2,660,406▲ $362,336
Other Assets Total-$36,963-
Liabilities
Deferred Revenue$463,000$501,000▲ $38,000
Other Liabilities-$36,963-
Accounts Payable and Accrued Expenses$13,013$12,414▼ $599
Total Liabilities$476,013$550,377▲ $74,364
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,798,361$2,075,733▲ $277,372
Net Assets With Donor Restrictions$23,696$34,296▲ $10,600
Total Net Assets Fund Balance$1,822,057$2,110,029▲ $287,972
Total Liabilities and Net Assets / Fund Balance$2,298,070$2,660,406▲ $362,336

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$6,880-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert C Smith IiiExecutive DiFT$135,830$135,830

Board Members and Trustees

NameTitle
Joseph FinocchiaroPresident
Barbara KemmisDirector
Jolena GrandeDirector
Randy AndersonDirector
SHAWN'TE HAVELLDirector
Tony MooreDirector
Cody LopaskyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$799,039
Program Service Revenue
$0
Investment Income
$75,054
Other Revenue
$28,700
All Other Contributions
$745,039
Change in Net Assets
$287,972

Audited Revenue Reconciliation

Revenue per Audited Statements
$902,793
Total Revenue per Audited Statements
$902,793
Total Revenue per Form 990
$902,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$342,692
Salaries, Compensation, and Employee Benefits$254,629
Grants and Similar Amounts Paid$17,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$187,302--$187,302
Current Officers, Directors, Trustees, and Key Employees$108,664$27,166-$135,830
Other Salaries and Wages$74,458$18,615-$93,073
Payroll Taxes$15,130$3,783-$18,913
Grants to Domestic Individuals$17,500--$17,500
All Other Expenses$16,942--$16,942
Occupancy$12,480$3,120-$15,600
Other Expenses$10,664$2,666-$13,330
Travel$8,187$2,047-$10,234
Office Expenses$7,672$1,918-$9,590
Other Employee Benefits$5,450$1,363-$6,813
Insurance$4,130$1,033-$5,163
Total Functional Expenses$521,025$93,796$0$614,821

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$614,821
Total Expenses per Audited Statements$614,821
Total Expenses per Form 990$614,821
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$36,963
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 11B

Prior to filing, form 990 will be provided to members of the governing body for review and comments.

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

New officers, employees, and board members are required to sign a conflict of interest policy. Compliance is monitored and evaluated on an ongoing basis.

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

Compensation of the executive assistant is established by the executive director and approved by the committee on accreditation. Compensation of the executive director is determined by the committee on accreditation with input from the board.

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

Compensation of the executive assistant is established by the executive director and approved by the committee on accreditation. Compensation of the executive director is determined by the committee on accreditation with input from the board.

Form 990, Page 6, Part VI, Line 19

Copies of related policies are available upon written request.

Filing and Contact Details

Filer

Filer Name
American Board of Funeral Service E
EIN
36-2483076
Phone
8162333747
Address
992 MANTUA PIKE, WOODBURY HEIGHTS, NJ 08097

Signing Officer

Name
Robert C Smith Iii
Title
Executive Director
Phone
8162333747
Signed
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert C Smith Iii
Formed
1961
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
69

Preparer

Firm
Baratz & Associates Pa
Address
4B EVES DR STE 100, MARLTON, NJ 08053
Preparer
William C Smitheman Jr CPA
Phone
8569855688
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

American board of funeral service education, inc. (the organization) is a district of columbia not-for-profit organization formed in 1961 for the purpose of furthering education in the field of funeral service, formulating standards of funeral service education, and granting accreditation to qualified institutions and programs for funeral service education.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and is classified by the internal revenue service as other than a private foundation.

Raw XML Appendix371 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/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS - THE ORGANIZATION RECEIVES FUNDS FOR THE PURPOSE OF SCHOLARSHIPS. THE ORGANIZATION USES THESE FUNDS TO ISSUE SCHOLARSHIPS TO RECIPIENT'S FOR TUITION COSTS.
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0799039
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0103754
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IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06880
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP GRANTS ARE DISTRIBUTED DIRECTLY TO THE EDUCATIONAL INSTITUTION OF THE AWARD RECEIPIENTS. AT THAT TIME THE AWARDS ARE APPLIED AS APPROPRIATE FOR THE BENEFIT OF THE RECIPIENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMERICAN BOARD OF FUNERAL SERVICE EDUCATION, INC. (THE ORGANIZATION) IS A DISTRICT OF COLUMBIA NOT-FOR-PROFIT ORGANIZATION FORMED IN 1961 FOR THE PURPOSE OF FURTHERING EDUCATION IN THE FIELD OF FUNERAL SERVICE, FORMULATING STANDARDS OF FUNERAL SERVICE EDUCATION, AND GRANTING ACCREDITATION TO QUALIFIED INSTITUTIONS AND PROGRAMS FOR FUNERAL SERVICE EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING, FORM 990 WILL BE PROVIDED TO MEMBERS OF THE GOVERNING BODY FOR REVIEW AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NEW OFFICERS, EMPLOYEES, AND BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY. COMPLIANCE IS MONITORED AND EVALUATED ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE EXECUTIVE ASSISTANT IS ESTABLISHED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE COMMITTEE ON ACCREDITATION. COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE COMMITTEE ON ACCREDITATION WITH INPUT FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE EXECUTIVE ASSISTANT IS ESTABLISHED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE COMMITTEE ON ACCREDITATION. COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE COMMITTEE ON ACCREDITATION WITH INPUT FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF RELATED POLICIES ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT C SMITH III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08162333747
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN BOARD OF FUNERAL SERVICE E
ReturnHeader/Filer/BusinessNameControlTxt0AMER
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ReturnHeader/Filer/PhoneNum08162333747
ReturnHeader/Filer/USAddress/AddressLine1Txt0992 MANTUA PIKE
ReturnHeader/Filer/USAddress/CityNm0WOODBURY HEIGHTS
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222212404
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARATZ & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04B EVES DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARLTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008053
ReturnHeader/PreparerPersonGrp/PhoneNum08569855688
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM C SMITHEMAN JR CPA
ReturnHeader/ReturnTs02025-06-10T17:17:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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