STEERE FAMILY RI HISTORICAL CEMETERY #29 INC

EIN: 050515057 Mutual Benefit

NORTH SCITUATE, RI

Total Revenue
$214,803
Total Expenses
$6,206
Total Assets
$370,415
Net Assets
$370,415
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
RI
Principal Officer
PETER RYAN
Phone
4014874075
Tax Period
2024-01-01 to 2024-12-31

STEERE FAMILY RI HISTORICAL CEMETERY #29 INC, founded in 1999, is a small nonprofit in the Mutual Benefit sector that reported $215K in total revenue in fiscal year 2024. Revenue surged 3242% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 97% operating margin.

Mission

THE ADMINISTRATION OF THE FINANCIAL AFFAIRS FOR THE PERPETUAL CARE OF THE STEERE FAMILY RI HISTORICAL CEMETERY #29 SITUATED SOUTHERLY OF THE DOUGLAS HOOK RD IN CHEPACHET, RI AND THE OVERSIGHT OF THE UPKEEP AND REPAIR THEREOF, TO INCLUDE UPKEEP OF THE RIGHT OF WAY TO AND FROM THE SAME.

Program Service Accomplishments

Program 1
Expenses: $4,304 Revenue: $205,100

UPKEEP, REPAIR & MAINTENANCE OF THE STEERE FAMILY RI HISTORICAL CEMETERY #29

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $205,100
Program Service Revenue $0
Investment Income $9,703
Other Revenue $0
TOTAL REVENUE $214,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,304
Other Expenses $6,206
TOTAL EXPENSES $6,206

Year-over-Year Comparison

2024 2023 Change
Revenue $214,803 $6,427 +32.4%
Expenses $6,206 $2,502 +1.5%
Net Income $208,597 $3,925 +52.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$2,745
Total Directors
9
$2,745
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER A RYAN PRESIDENT, TREASURER 1.00
Officer Director
$2,745 $0 $2,745
JEFFREY W RYAN DIRECTOR, SECRETARY 1.00
Officer Director
$0 $0 $0
BRADLEY L STEERE DIRECTOR 0.00
Director
$0 $0 $0
WILLIAM H BOONE JR DIRECTOR 0.00
Director
$0 $0 $0
ANTHONY A STEERE JR DIRECTOR 0.00
Director
$0 $0 $0
BEVERLY S COMBER DIRECTOR 0.00
Director
$0 $0 $0
JAYNE F KAMIN DIRECTOR 0.00
Director
$0 $0 $0
JEFFREY S HOWELL DIRECTOR 0.00
Director
$0 $0 $0
DIANE S NOBLES DIRECTOR 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $214,803 $6,206 $370,415 $208,597
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