BONO CEMETERY ASSOCIATION INC

EIN: 351543590

DANA, IN

Total Revenue
$103,626
Total Expenses
$64,475
Total Assets
$649,609
Net Assets
$649,609
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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
1981
Legal Domicile
IN
Phone
7656653623
Tax Period
2023-01-01 to 2023-12-31

BONO CEMETERY ASSOCIATION INC, founded in 1981, is a small nonprofit that reported $104K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $39K, a strong 38% operating margin.

Mission

TO OPERATE AND MAINTAIN A LOCAL CEMETERY FOR THE BONO COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $200
Program Service Revenue $17,150
Investment Income $86,276
Other Revenue $0
TOTAL REVENUE $103,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,199
Fundraising Expenses $0
Other Expenses $57,276
TOTAL EXPENSES $64,475

Year-over-Year Comparison

2023 2022 Change
Revenue $103,626 $129,901 -0.2%
Expenses $64,475 $61,638 +0.0%
Net Income $39,151 $68,263 -0.4%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN WIMSETT President 10.00
Director
$0 $0 $0
PAUL ADAMS Vice President 1.00
Director
$0 $0 $0
ERNIE ADAMS Treasurer 5.00
Director
$0 $0 $0
DAVID PORTER Director 1.00
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 No data No data No data No data
2023 $103,626 $64,475 $649,609 $39,151
2022 $129,901 $61,638 $610,458 $68,263
2021 $122,591 $59,691 $542,195 $62,900
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