Civic Intelligence

Sunset Hills Assoc Trust Perpetual Care Fund

EIN 38-6041332 • 501(c)13 • Columbus, OH

Profile

Income for sunset hills association cemetery to maintain the grounds and buildings.

PO Box 1558 Dept Ea5w86Columbus, OH 43216

none

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

$25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.00x

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

$25M-$50M nonprofits • Source year 2023

Net Margin

77th percentile

29%

Higher net margin than 77% of similar nonprofits.

$25M-$50M nonprofits • Source year 2023

Top Officer Pay

47th percentile

$211,651

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

$25M-$50M nonprofits • Source year 2023

Asset Growth

36th percentile

1.5%

Faster asset growth than 36% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-14%

Faster revenue growth than 15% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$25,758,131

Up $378,990 (+1.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$25,758,131

Up $378,990 (+1.5%) from 2022

Revenue

Down

$1,307,463

Down $218,668 (-14%) from 2022

Expenses

Up

$922,067

Up $80,185 (+9.5%) from 2022

Net Income

Down

$385,396

Down $298,853 (-44%) from 2022

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,288,943Liabilities 2011: $0Net Assets 2011: $21,288,9432011Assets 2012: $20,963,316Liabilities 2012: $0Net Assets 2012: $20,963,3162012Assets 2013: $21,231,279Liabilities 2013: $0Net Assets 2013: $21,231,2792013Assets 2014: $21,542,087Liabilities 2014: $0Net Assets 2014: $21,542,0872014Assets 2015: $21,953,206Liabilities 2015: $0Net Assets 2015: $21,953,2062015Assets 2016: $22,195,557Liabilities 2016: $0Net Assets 2016: $22,195,5572016Assets 2017: $22,501,793Liabilities 2017: $0Net Assets 2017: $22,501,7932017Assets 2018: $23,106,994Liabilities 2018: $0Net Assets 2018: $23,106,9942018Assets 2019: $23,291,105Liabilities 2019: $0Net Assets 2019: $23,291,1052019Assets 2020: $22,983,622Liabilities 2020: $0Net Assets 2020: $22,983,6222020Assets 2021: $24,689,533Liabilities 2021: $0Net Assets 2021: $24,689,5332021Assets 2022: $25,379,141Liabilities 2022: $0Net Assets 2022: $25,379,1412022Assets 2023: $25,758,131Liabilities 2023: $0Net Assets 2023: $25,758,1312023

Highlighted filing

2023

Assets$25,758,131
Liabilities$0
Net Assets$25,758,131

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,092,237Expenses 2011: $367,982Net Income 2011: $724,2552011Revenue 2012: $545,704Expenses 2012: $494,256Net Income 2012: $51,4482012Revenue 2013: $757,981Expenses 2013: $633,823Net Income 2013: $124,1582013Revenue 2014: $754,746Expenses 2014: $443,111Net Income 2014: $311,6352014Revenue 2015: $1,001,713Expenses 2015: $590,257Net Income 2015: $411,4562015Revenue 2016: $835,500Expenses 2016: $593,568Net Income 2016: $241,9322016Revenue 2017: $976,548Expenses 2017: $659,343Net Income 2017: $317,2052017Revenue 2018: $1,368,012Expenses 2018: $759,151Net Income 2018: $608,8612018Revenue 2019: $1,067,552Expenses 2019: $873,745Net Income 2019: $193,8072019Revenue 2020: $360,792Expenses 2020: $677,371Net Income 2020: -$316,5792020Revenue 2021: $2,405,519Expenses 2021: $687,320Net Income 2021: $1,718,1992021Revenue 2022: $1,526,131Expenses 2022: $841,882Net Income 2022: $684,2492022Revenue 2023: $1,307,463Expenses 2023: $922,067Net Income 2023: $385,3962023

Highlighted filing

2023

Revenue$1,307,463
Expenses$922,067
Net Income$385,396

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 28, 2024
Return Version
2023v5.0
Gross Receipts
$1,663,214
Mission and Program Overview

Mission

Income for sunset hills association cemetery to maintain the grounds and buildings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$25,379,141$25,758,131▲ $378,990
Investments in Publicly Traded Securities$23,866,961$24,593,888▲ $726,927
Savings and Temporary Cash Investments$1,512,180$1,139,689▼ $372,491
Cash and Non-Interest-Bearing Accounts-$24,554-
Total Assets$25,379,141$25,758,131▲ $378,990
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,379,141$25,758,131▲ $378,990
Total Liabilities and Net Assets / Fund Balance$25,379,141$25,758,131▲ $378,990
Compensation and Service Providers

Employees

NameTitleBaseTotal
--$211,651$211,651
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,307,463
Other Revenue
$0
Change in Net Assets
$385,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$696,667
Salaries, Compensation, and Employee Benefits$211,651
Other Expenses$13,749
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$696,667--$696,667
Current Officers, Directors, Trustees, and Key Employees$105,826$105,825-$211,651
Other Expenses-$12,499-$12,499
Fees for Services Accounting$1,250--$1,250
Total Functional Expenses$803,743$118,324$0$922,067
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sunset Hills AssociationFlint, MI501(c)(13)Care and Maintenance of Cemetery$696,667
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
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

The governing body is the Corporate Trustee, Huntington National Bank.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

The Corporate Trustee would have meetings and documentation.

Form 990, Page 6, Part VI, Line 11-description of Process for Review

The return is reviewed by the bank's client advisor and portfolio manager and the directors of the cemetery prior to filing

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

External and internal auditors review trust account's policies and procedures

FORM 990, PAGE 6, PART VI, LINE 15B

Compensation is based on huntington national bank's fee schedule

Form 990, Page 6, Part VI, Line 18

Information is available upon written request

Form 990, Page 6, Part VI, Line 19

Information was made available upon request

Filing and Contact Details

Filer

Filer Name
Sunset Hills Assoc Trust Perpetual Care Fund
EIN
38-6041332
Phone
8107666987
Address
PO BOX 1558 DEPT EA5W86, COLUMBUS, OH 43216

Signing Officer

Name
Huntington National Bank
Title
Vice President
Phone
8107666987
Signed
2024-04-28
Discuss with paid preparer
Yes

Organization Details

Formed
1959
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Pwc US Tax Llp
Address
301 GRANT ST 45TH FLOOR, PITTSBURGH, PA 15219
Preparer
Laura Strobel
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

The amount on this line represents: ($6,402) mutual fund timing adjustment

Raw XML Appendix335 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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IRS990/GrantsToOrganizationsInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing body is the Corporate Trustee, Huntington National Bank.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS REVIEWED BY THE BANK'S CLIENT ADVISOR AND PORTFOLIO MANAGER AND THE DIRECTORS OF THE CEMETERY PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXTERNAL AND INTERNAL AUDITORS REVIEW TRUST ACCOUNT'S POLICIES AND PROCEDURES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INFORMATION IS AVAILABLE UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INFORMATION WAS MADE AVAILABLE UPON REQUEST
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7EXPLANATION FOR FORM 990, PART XI, LINE 9
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