FUNERAL SERVICE FOUNDATION INC (EIN 391831612) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Principal Officer

JEDD LAPID

Phone

8774025900

Tax Period

2024-01-01 to 2024-12-31

FUNERAL SERVICE FOUNDATION INC, founded in 1994, is a community nonprofit in the Mutual Benefit sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 53% operating margin.

Mission

INVESTING IN PEOPLE AND PROGRAMS TO STRENGTHEN FUNERAL SERVICE AND LIFT UP GRIEVING COMMUNITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,108,125

Program Service Revenue $0

Investment Income $1,076,450

Other Revenue $585

TOTAL REVENUE $2,185,160

Expense Breakdown

Grants Paid $468,352

Salaries & Benefits $0

Fundraising Expenses $94,538

Program Expenses $591,905

Other Expenses $548,960

TOTAL EXPENSES $1,017,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,185,160	$1,435,898	+0.5%
Expenses	$1,017,312	$1,029,003	0.0%
Net Income	$1,167,848	$406,895	+1.9%

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

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

$178,774

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HEALD	CHAIR	1.00	Officer Director	$0	$0	$0
JEFF SMITH	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
DAVID FALCONER	TREASURER	1.00	Officer Director	$0	$0	$0
MARK KRAUSE	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
LISA BAUE	TRUSTEE	1.00	Director	$0	$0	$0
WIL BISCHOFF	TRUSTEE	1.00	Director	$0	$0	$0
W ASHLEY COZINE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN FAULK	TRUSTEE	1.00	Director	$0	$0	$0
DAVID HERNANDEZ	TRUSTEE	1.00	Director	$0	$0	$0
R BRYANT HIGHTOWER	TRUSTEE	1.00	Director	$0	$0	$0
KATHY KELLEY	TRUSTEE	1.00	Director	$0	$0	$0
JIMMY ALTMEYER	TRUSTEE	1.00	Director	$0	$0	$0
JIMMY LUCAS	TRUSTEE	1.00	Director	$0	$0	$0
TODD LUMBARD	TRUSTEE	1.00	Director	$0	$0	$0
CARMALITA MARCH-HARRIS	TRUSTEE	1.00	Director	$0	$0	$0
MATT OUTCALT	TRUSTEE	1.00	Director	$0	$0	$0
JENN PARVIN	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS PONTONE	TRUSTEE	1.00	Director	$0	$0	$0
TIM SCHRAMM	TRUSTEE	1.00	Director	$0	$0	$0
LEILI MCMURROUGH	TRUSTEE	1.00	Director	$0	$0	$0
TYLER ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
DAN FORD	NFDA LIAISON	1.00	Director	$0	$0	$0
JEDD LAPID	EXECUTIVE DIRECTOR	40.00	Officer	$0	$36,845	$178,774

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	$2,185,160	$1,017,312	$13,154,492	$1,167,848
2023	$1,435,898	$1,029,003	$11,940,325	$406,895
2022	$1,799,692	$1,532,418	$10,479,280	$267,274
2021	$2,150,777	$1,330,373	$12,194,327	$820,404
2020	$2,090,092	$1,421,963	$11,235,109	$668,129
2019	$2,649,031	$777,766	$10,041,887	$1,871,265
2018	$785,948	$784,087	$8,139,145	$1,861

FUNERAL SERVICE FOUNDATION INC