LEO CEMETERY ASSOCIATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

JOE THARP

Phone

2606159769

Tax Period

2024-01-01 to 2024-12-31

LEO CEMETERY ASSOCIATION INC, founded in 1983, is a small nonprofit that reported $176K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 63% operating margin.

Mission

SALES AND MAINTENANCE OF CEMETERY PLOTS

Program Service Accomplishments

Program 1

Expenses: $58,326 Revenue: $49,247

SALES OF CEMETERY LOTS AND MAINTENANCE OF COMMUNITY CEMETERY. THERE WERE 28 LOTS SOLD AND 12 GRAVES WERE OPENED AND CLOSED. CEMETERY WITH SEVERAL HUNDRED STONES WAS MOWED AND MAINTAINED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $29,597

Investment Income $126,590

Other Revenue $19,650

TOTAL REVENUE $175,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,510

Fundraising Expenses $0

Program Expenses $58,326

Other Expenses $59,034

TOTAL EXPENSES $65,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$175,837	$126,141	+0.4%
Expenses	$65,544	$78,957	-0.2%
Net Income	$110,293	$47,184	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$5,155

Total Directors

$6,510

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE THARP	PRESIDENT	5.00	Officer Director	$4,655	$0	$4,655
TIM MARTIN	SECRETARY	2.00	Officer Director	$0	$0	$0
DOUG THURBER	TREASURER	5.00	Officer Director	$500	$0	$500
JOHN KLOPFENSTEIN	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
RICHARD LENGACHER	BOARD MEMBER	4.00	Director	$1,355	$0	$1,355
PHIL STUCKEY	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRIS MCCOY	BOARD MEMBER	2.00	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	$175,837	$65,544	$1,770,355	$110,293
2023	$126,141	$78,957	$1,575,713	$47,184
2022	$140,951	$77,512	$1,420,280	$63,439
2021	$151,450	$58,556	$1,526,024	$92,894
2020	$135,240	$65,990	$1,350,004	$69,250