Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $143,663

• 2a · Program service revenue: MISC PROGRAMS

  total $895 · related or exempt $895

• 3 · Investment income

  total $15,858 · excluded $15,858

• 8a · Fundraising events: gross income

  $83,755

• 8b · Fundraising events: direct expenses

  $24,523

• 8c · Net income from fundraising events

  total $59,232 · excluded $59,232

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $37,580 · program services $37,580

• 5 · Compensation of officers, directors and key employees

  total $102,055 · program services $65,030 · management and general $11,986 · fundraising $25,039

• 7 · Other salaries and wages

  total $9,174 · program services $5,846 · management and general $1,077 · fundraising $2,251

• 8 · Pension plan contributions

  total $883 · program services $667 · management and general $40 · fundraising $176

• 9 · Other employee benefits

  program services $269 · management and general -$165 · fundraising -$104

• 10 · Payroll taxes

  total $9,490 · program services $6,274 · management and general $975 · fundraising $2,241

• 11c · Fees: accounting

  total $40,207 · management and general $40,207

• 11f · Fees: investment management

  total $3,793 · management and general $3,793

• 11g · Fees: other

  total $11,650 · program services $9,694 · management and general $1,470 · fundraising $486

• 12 · Advertising and promotion

  total $1,000 · fundraising $1,000

• 13 · Office expenses

  total $12,046 · program services $6,486 · management and general $885 · fundraising $4,675

• 14 · Information technology

  total $29,953 · program services $5,300 · management and general $1,952 · fundraising $22,701

• 16 · Occupancy

  total $19,907 · program services $13,716 · management and general $1,782 · fundraising $4,409

• 17 · Travel

  total $9,983 · program services $9,626 · management and general $357

• 22 · Depreciation, depletion and amortization

  total $2,224 · program services $1,533 · management and general $199 · fundraising $492

• 23 · Insurance

  total $3,664 · program services $2,365 · management and general $393 · fundraising $906

• 24e · All other expenses

  total $201 · management and general $201

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $251,434 · end of year $152,049

• 3 · Pledges and grants receivable

  beginning of year $44,500 · end of year $31,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $14,222 · end of year $4,624

• 10a · Land, buildings and equipment: cost or other basis

  $2,455

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,455

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $363,689 · end of year $414,539

• 17 · Accounts payable and accrued expenses

  beginning of year $12,251 · end of year $13,096

• 25 · Other liabilities

  beginning of year $284,895 · end of year $251,099

• 28 · Net assets with donor restrictions

  beginning of year $376,699 · end of year $338,517

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION HAS ADOPTED AN EXPENSE REIMBURSEMENT POLICY FOR BOARD MEMBERS WHO ATTEND BOARD MEETINGS AND OTHER ORGANIZATION-RELATED MEETINGS AND SEMINARS. AS IDENTIFIED IN THE POLICY, BOARD MEMBERS AND OFFICERS MAY BE REIMBURSED FOR OUT-OF-POCKET TRAVEL EXPENSES INCURRED BY THEMSELVES AND THEIR SPOUSES FOR DESIGNATED MEETINGS AND SEMINARS.

PART I, LINE 3

THE BOARD OF DIRECTORS OF SELECTED INDEPENDENT FUNERAL HOMES DETERMINES THE COMPENSATION OF ITS EXECUTIVE DIRECTOR, WHO ALSO ACTS AS THE ADMINISTRATIVE TRUSTEE OF THE SELECTED INDEPENDENT FUNERAL HOMES EDUCATIONAL TRUST.