MOUNT OLIVET CEMETERY ASSOCIATION

EIN: 750853369

FORT WORTH, TX

Total Revenue
$14,365,055
Total Expenses
$10,285,644
Total Assets
$209,280,046
Net Assets
$77,220,078
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
TX
Principal Officer
ARLIE DAVENPORT
Phone
8173368271
Tax Period
2022-07-01 to 2023-06-30

MOUNT OLIVET CEMETERY ASSOCIATION, founded in 1952, is a mid-sized nonprofit that reported $14.4M in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $4.1M, a strong 28% operating margin.

Mission

THE ORGANIZATION IS DEDICATED TO HONORING THE MEMORY OF EACH LIFE LIVED BY PROVIDING THE FINEST FUNERAL HOME AND CEMETERY SERVICES IN TARRANT COUNTY...TODAY AND FOR GENERATIONS TO COME.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,845,517
Investment Income $5,250,537
Other Revenue $5,269,001
TOTAL REVENUE $14,365,055

Expense Breakdown

Grants Paid $200
Salaries & Benefits $5,161,683
Fundraising Expenses $0
Other Expenses $5,123,761
TOTAL EXPENSES $10,285,644

Year-over-Year Comparison

2022 2021 Change
Revenue $14,365,055 $15,978,595 -0.1%
Expenses $10,285,644 $9,304,512 +0.1%
Net Income $4,079,411 $6,674,083 -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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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
101
Volunteers
8

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
9
$1,574,825
Total Directors
9
$311,187
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
B F HANK CARROLL TRUSTEE 1.00
Director
$0 $0 $0
JOY ANN HAVRAN TRUSTEE 1.00
Director
$0 $0 $0
BRUCE M DAVIS TRUSTEE 1.00
Director
$0 $0 $0
DAVID D PARKER TRUSTEE 1.00
Director
$0 $0 $0
JAMES G RHODES TRUSTEE 1.00
Director
$0 $0 $0
WESLEY R TURNER TRUSTEE 1.00
Director
$0 $0 $0
EMILY DAVENPORT TRUSTEE 1.00
Director
$0 $0 $0
JON L STEPHENSON SECRETARY 1.00
Officer Director
$0 $0 $0
ARLIE T DAVENPORT JR PRESIDENT & COB 40.00
Officer Director
$291,014 $20,173 $311,187
JAMES B KENNERLY GENERAL MANAGER & CEO 40.00
Officer
$304,180 $17,583 $321,763
MICHAEL F KELLER TREASURER & CFO 40.00
Officer
$178,750 $6,579 $185,329
LAWANDA SCHUGART VICE PRESIDENT 40.00
Officer
$147,191 $6,260 $153,451
TIM BROWN VICE PRESIDENT 40.00
Officer
$135,495 $4,065 $139,560
M ELAINE PIEKARSKI VICE PRESIDENT 40.00
Officer
$149,345 $13,085 $162,430
BILL WRIGHT VICE PRESIDENT 40.00
Officer
$160,245 $14,942 $175,187
CYNTHIA L BOSWELL CONTROLLER 40.00
Officer
$112,871 $13,047 $125,918
DALTON JON EMBALMER 40.00
Highest
$116,817 $11,477 $128,294
GANTT ADRIAN DIRECTOR OF ADVANCED PLANNING 40.00
Highest
$182,405 $7,164 $189,569
GOMEZ NORA FAMILY SERVICE PROVIDER 40.00
Highest
$116,670 $13,103 $129,773
SPEER STEPHEN CONTROLLER 40.00
Highest
$125,368 $4,218 $129,586
WERNER SCOTT FAMILY SERVICE PROVIDER 40.00
Highest
$112,712 $4,509 $117,221
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 No data No data No data No data
2024 No data No data No data No data
2023 $14,365,055 $10,285,644 $209,280,046 $4,079,411
2022 $15,978,595 $9,304,512 $199,510,382 $6,674,083
2021 $14,562,842 $8,040,406 $198,668,509 $6,522,436
2020 $10,968,059 $13,517,858 $179,020,090 $-2,549,799
2019 $10,161,561 $7,620,934 $219,697,740 $2,540,627
2018 $10,809,467 $7,432,058 $214,232,028 $3,377,409
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