Civic Intelligence

Marshall Cemetery Association

990 • Fiscal year 2018 • EIN 42-0396580

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

611 N Center StreetMarshalltown, IA 50158

(641) 753-7891

Siviq Scores

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

Liabilities / Assets

86th percentile

0.12x

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

2018 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.85x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2018

Net Margin

7th percentile

-40%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$43,941

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2018 filings • 501(c)13 • $1M-$5M nonprofits • Source year 2018

Asset Growth

2nd percentile

-13%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)13 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-6.0%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)13 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,857,853

Down $280,286 (-13%) from 2017

Net Assets

Down

$1,628,822

Down $247,510 (-13%) from 2017

Liabilities

Down

$229,031

Down $32,776 (-13%) from 2017

Revenue

Down

$268,329

Down $17,259 (-6.0%) from 2017

Expenses

Down

$375,620

Down $17,636 (-4.5%) from 2017

Net Income

Up

-$107,291

Up $377 (+0.4%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,766,479Liabilities 2011: $28,244Net Assets 2011: $1,738,2352011Assets 2012: $1,939,751Liabilities 2012: $20,497Net Assets 2012: $1,919,2542012Assets 2013: $2,080,854Liabilities 2013: $18,498Net Assets 2013: $2,062,3562013Assets 2014: $2,186,867Liabilities 2014: $249,858Net Assets 2014: $1,937,0092014Assets 2015: $2,072,767Liabilities 2015: $201,574Net Assets 2015: $1,871,1932015Assets 2016: $2,109,586Liabilities 2016: $261,892Net Assets 2016: $1,847,6942016Assets 2017: $2,138,139Liabilities 2017: $261,807Net Assets 2017: $1,876,3322017Assets 2018: $1,857,853Liabilities 2018: $229,031Net Assets 2018: $1,628,8222018Assets 2019: $2,252,182Liabilities 2019: $251,720Net Assets 2019: $2,000,4622019Assets 2020: $1,957,702Liabilities 2020: $521,054Net Assets 2020: $1,436,6482020Assets 2021: $2,113,254Liabilities 2021: $250,280Net Assets 2021: $1,862,9742021Assets 2022: $1,962,975Liabilities 2022: $475,134Net Assets 2022: $1,487,8412022Assets 2023: $2,023,236Liabilities 2023: $425,024Net Assets 2023: $1,598,2122023Assets 2024: $2,193,201Liabilities 2024: $219,325Net Assets 2024: $1,973,8762024

Highlighted filing

2018

Assets$1,857,853
Liabilities$229,031
Net Assets$1,628,822

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $354,225Expenses 2011: $396,480Net Income 2011: -$42,2552011Revenue 2012: $296,832Expenses 2012: $310,269Net Income 2012: -$13,4372012Revenue 2013: $270,926Expenses 2013: $278,665Net Income 2013: -$7,7392013Revenue 2014: $259,859Expenses 2014: $272,600Net Income 2014: -$12,7412014Revenue 2015: $231,879Expenses 2015: $292,026Net Income 2015: -$60,1472015Revenue 2016: $241,945Expenses 2016: $370,543Net Income 2016: -$128,5982016Revenue 2017: $285,588Expenses 2017: $393,256Net Income 2017: -$107,6682017Revenue 2018: $268,329Expenses 2018: $375,620Net Income 2018: -$107,2912018Revenue 2019: $555,741Expenses 2019: $440,235Net Income 2019: $115,5062019Revenue 2020: $476,764Expenses 2020: $1,107,846Net Income 2020: -$631,0822020Revenue 2021: $669,669Expenses 2021: $467,892Net Income 2021: $201,7772021Revenue 2022: $430,726Expenses 2022: $398,648Net Income 2022: $32,0782022Revenue 2023: $361,401Expenses 2023: $403,775Net Income 2023: -$42,3742023Revenue 2024: $382,661Expenses 2024: $368,338Net Income 2024: $14,3232024

Highlighted filing

2018

Revenue$268,329
Expenses$375,620
Net Income-$107,291
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$272,313
Mission and Program Overview

Mission

Provide and maintain burial grounds for the human dead.

To provide and maintain burial grounds for the human dead

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$1,201,370$1,425,845▲ $224,475
Investments Other Securities$1,201,369$1,096,700▼ $104,669
Investments Program Related$592,028$473,378▼ $118,650
Cap Stk Tr Prin Current Funds$415,898$440,945▲ $25,047
Land, Buildings, and Equipment, Net$173,576$152,792▼ $20,784
Savings and Temporary Cash Investments$109,687$76,550▼ $33,137
Cash and Non-Interest-Bearing Accounts$43,710$35,928▼ $7,782
Prepaid Expenses and Deferred Charges$16,774$16,774→ $0
Inventories for Sale or Use$3,398$3,927▲ $529
Accounts Receivable$-2,403$1,804▲ $4,207
Rtn Earn Endowment Incm Other Fnds$259,064$-237,968▼ $497,032
Total Assets$2,138,139$1,857,853▼ $280,286
Liabilities
Mortgage Notes Payable Secured by Investment Property$185,620$222,237▲ $36,617
Accounts Payable and Accrued Expenses$76,187$6,794▼ $69,393
Total Liabilities$261,807$229,031▼ $32,776
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,876,332$1,628,822▼ $247,510
Total Liabilities and Net Assets / Fund Balance$2,138,139$1,857,853▼ $280,286

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$12,546--
Buildings-$400,246-
Land$97,000--
Equipment$55,792$291,069-
Other Securities$22,410--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,201,370$9,859▼ $52,786$61,743$1,096,700
2017$1,144,841$12,648▲ $105,825$61,944$1,201,370
2016$1,118,460$9,038▲ $72,335$54,992$1,144,841
2015$1,161,284$8,219▲ $6,795$57,838$1,118,460
2014$1,029,152$48,633▲ $88,505$5,006$1,161,284
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dorie TammenGeneral ManagerFT$43,941$43,941

Board Members and Trustees

NameTitle
Jay CarolloPresident
Marty MitchellVice President
David ShearerTrustee
John CatronTrustee
Pat FowlerTrustee
Kevin HitchinsSecretary
Brad BragaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,707
Program Service Revenue
$209,326
Investment Income
$41,550
Other Revenue
$6,746
All Other Contributions
$10,707
Change in Net Assets
$-107,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$226,648
Salaries, Compensation, and Employee Benefits$148,972
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$100,842$20,655-$121,497
Other Salaries and Wages$68,106$17,884-$85,990
Current Officers, Directors, Trustees, and Key Employees-$43,941-$43,941
Depreciation Depletion$27,560$1,220-$28,780
Payroll Taxes$10,644$8,397-$19,041
Office Expenses-$16,440-$16,440
Insurance$8,282$1,696-$9,978
Advertising-$1,848-$1,848
Fees for Services Accounting-$953-$953
Other Expenses$773$622-$773
Total Functional Expenses$261,964$113,656$0$375,620
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

Form 990 will be presented to Board on next meeting.

Part VI Line 19

Documents available to public upon request.

Part VI Line 11

Form 990 is presented to Board President for signature who later

Part VI Line 11

provides copies to Board Members at their quarterly meeting for

Part VI Line 11

final approval

Part VI Line 15

Compensation for the General Manager is reviewed and

Part VI Line 15

approved by the Board of Directors

Part VI Line 19

All documents, policies, and financial statements are

Part VI Line 19

available in the office upon written notice.

Part VI Line 9

Contact addresses for Officers, Directors Etc.

Part VI Line 9

Jay Carollo 1010 Summit Street Marshalltown, IA 50158

Part VI Line 9

Marty Mitchell 1290 Iowa Avenue Marshalltown, IA 50158

Part VI Line 9

Kevin Hitchins 102 E Church Street Marshalltown, IA 50158

Part VI Line 9

Brad Braga 2024 Edgebrook Drive Marshalltown, IA 50158

Part VI Line 9

David Shearer 804 Bromley Street Marshalltown, IA 50158

Part VI Line 9

John Catron 2002 S 3rd Avenue Marshalltown, IA 50158

Part VI Line 9

Dorie Tammen 901 N 4th Street Marshalltown, IA 50158

Part VI Line 9

Pat Fowler 1942 Vine Avenue Marshalltown, IA 50158

Filing and Contact Details

Filer

Filer Name
Marshall Cemetery Association
EIN
42-0396580
In Care Of
% Jay Carollo
Phone
6417537891
Address
611 N Center Street, Marshalltown, IA 50158

Signing Officer

Name
Jay Carollo
Title
President
Phone
6417537891
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dorie Tammen
Formed
1900
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
14

Preparer

Firm
Pamela L Brandenburg
Address
1209 South 12th Avenue, Marshalltown, IA 50158
Preparer
Pamela L Brandenburg
Phone
6417526483
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt312546
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Cash and Sweep Balances
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Stocks and Options
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Mutual Funds
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3Preferredfixed rate cap
IRS990ScheduleD/LandGrp/BookValueAmt097000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt097000
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0Cash and Sweep Balances
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Fixed Income Securities
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IRS990ScheduleD/OtherSecuritiesGrp/Desc3Stock Options and EFTS
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 will be presented to Board on next meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents available to public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is presented to Board President for signature who later
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3provides copies to Board Members at their quarterly meeting for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4final approval
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation for the General Manager is reviewed and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6approved by the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7All documents, policies, and financial statements are
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8available in the office upon written notice.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Contact addresses for Officers, Directors Etc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Jay Carollo 1010 Summit Street Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Marty Mitchell 1290 Iowa Avenue Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Kevin Hitchins 102 E Church Street Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Brad Braga 2024 Edgebrook Drive Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14David Shearer 804 Bromley Street Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15John Catron 2002 S 3rd Avenue Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Dorie Tammen 901 N 4th Street Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Pat Fowler 1942 Vine Avenue Marshalltown, IA 50158
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Part Vi Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Part VI Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Part VI Line 9
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0113656
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0261964
IRS990/TotalFunctionalExpensesGrp/TotalAmt0375620
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IRS990/TotalProgramServiceRevenueAmt0209326
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IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0901 N 4th Street
IRS990/USAddress/CityNm0Marshalltown
IRS990/USAddress/StateAbbreviationCd0IA
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ReturnHeader/BuildTS02019-02-21 02:37:17Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.19$0.22$1.97$0.38$0.37$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.43$1.60$0.36$0.40$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.48$1.49$0.43$0.40$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.25$1.86$0.67$0.47$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.96$0.52$1.44$0.48$1.11$0.63
2019Detailed filing. Detailed filing data is available for this year.$2.25$0.25$2.00$0.56$0.44$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.86$0.23$1.63$0.27$0.38$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.26$1.88$0.29$0.39$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.26$1.85$0.24$0.37$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.20$1.87$0.23$0.29$0.06
2014Summary only. Only limited summary data is available for this year.$2.19$0.25$1.94$0.26$0.27$0.01
2013Summary only. Only limited summary data is available for this year.$2.08$0.02$2.06$0.27$0.28$0.01
2012Summary only. Only limited summary data is available for this year.$1.94$0.02$1.92$0.30$0.31$0.01
2011Summary only. Only limited summary data is available for this year.$1.77$0.03$1.74$0.35$0.40$0.04