AMERICAN BOARD OF FUNERAL SERVICE E

EIN: 362483076 501(c)(3) Mutual Benefit

WOODBURY HEIGHTS, NJ

Total Revenue
$984,428
Total Expenses
$698,878
Total Assets
$2,900,264
Net Assets
$2,395,579
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
NJ
Principal Officer
ROBERT C SMITH III
Phone
8162333747
Tax Period
2024-10-01 to 2025-09-30

AMERICAN BOARD OF FUNERAL SERVICE E, founded in 1961, is a small nonprofit in the Mutual Benefit sector that reported $984K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $286K, a strong 29% operating margin.

Mission

AMERICAN BOARD OF FUNERAL SERVICE EDUCATION, INC. (THE ORGANIZATION) IS A DISTRICT OF COLUMBIA NOT-FOR-PROFIT ORGANIZATION FORMED IN 1961 FOR THE PURPOSE OF FURTHERING EDUCATION IN THE FIELD OF FUNERAL SERVICE, FORMULATING STANDARDS OF FUNERAL SERVICE EDUCATION, AND GRANTING ACCREDITATION TO QUALIFIED INSTITUTIONS AND PROGRAMS FOR FUNERAL SERVICE EDUCATION.

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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 $874,375
Program Service Revenue $0
Investment Income $80,011
Other Revenue $30,042
TOTAL REVENUE $984,428

Expense Breakdown

Grants Paid $22,850
Salaries & Benefits $273,292
Fundraising Expenses $0
Program Expenses $551,981
Other Expenses $402,736
TOTAL EXPENSES $698,878

Year-over-Year Comparison

2024 2023 Change
Revenue $984,428 $902,793 +0.1%
Expenses $698,878 $614,821 +0.1%
Net Income $285,550 $287,972 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
70

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
1
$135,830
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT C SMITH III EXECUTIVE DI 40.00
Officer
$135,830 $0 $135,830
RANDY ANDERSON DIRECTOR N/A
Director
$0 $0 $0
JOSEPH FINOCCHIARO DIRECTOR N/A
Director
$0 $0 $0
SHAWN'TE HAVELL DIRECTOR N/A
Director
$0 $0 $0
BARBARA KEMMIS DIRECTOR N/A
Director
$0 $0 $0
CODY LOPASKY PRESIDENT N/A
Director
$0 $0 $0
TONY MOORE VICE PRESIDE N/A
Director
$0 $0 $0
ERIN WILSON TREASURER N/A
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
2025 $984,428 $698,878 $2,900,264 $285,550
2024 $902,793 $614,821 $2,660,406 $287,972
2022 $699,294 $545,475 $2,150,990 $153,819
2021 $598,728 $408,358 $1,969,140 $190,370
2020 $641,069 $382,761 $1,735,856 $258,308
2019 $681,422 $479,853 $1,499,699 $201,569
2018 $711,149 $512,980 $1,324,401 $198,169
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