Form 990 for tax year 2024
Filed by CINCINNATI FOUNDATION FOR MORTUARY EDUCATION.
Totals
- Total revenue
- $2,457,900
- Total expenses
- $3,461,846
- Contributions and grants received
- $59,911
- Grants paid
- $0
- Program service revenue
- $2,315,622
- Investment income
- $86
- Other revenue
- $82,281
- Total assets, end of year
- $7,316,912
- Total liabilities, end of year
- $5,846,231
- Net assets or fund balances, end of year
- $1,470,681
- Program services expenses (Part IX)
- $2,344,632
- Management and general expenses
- $619,312
- Fundraising expenses
- $497,902
- Program service expenses (Part III)
- $2,344,632
Program services were 67.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$38,070
-
1f · All other contributions, gifts and grants
$21,841
-
2a · Program service revenue: TUITION AND FEES
total $1,966,472 · related or exempt $1,966,472
-
2b · Program service revenue: PREPARATION ROOM REVEN
total $349,150 · related or exempt $349,150
-
3 · Investment income
total $86 · excluded $86
-
8a · Fundraising events: gross income
$3,810
-
8a · Fundraising events: contributions included on line 1c
$38,070
-
8b · Fundraising events: direct expenses
$11,297
-
8c · Net income from fundraising events
total -$7,487 · excluded -$7,487
-
10a · Gross sales of inventory
$64,723
-
10b · Cost of goods sold
$12,674
-
10c · Net income from sales of inventory
total $52,049 · related or exempt $52,049
-
11a · Other revenue: MISC
total $37,719 · related or exempt $37,719
-
11e · Other revenue, total
$37,719
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $130,305 · program services $43,435 · management and general $43,435 · fundraising $43,435
-
7 · Other salaries and wages
total $1,035,268 · program services $616,468 · management and general $121,567 · fundraising $297,233
-
8 · Pension plan contributions
total $32,461 · program services $25,482 · management and general $2,049 · fundraising $4,930
-
9 · Other employee benefits
total $157,529 · program services $130,670 · management and general $5,749 · fundraising $21,110
-
10 · Payroll taxes
total $97,249 · program services $76,342 · management and general $6,137 · fundraising $14,770
-
11b · Fees: legal
total $48,001 · program services $33,173 · management and general $13,605 · fundraising $1,223
-
11c · Fees: accounting
total $32,505 · program services $22,464 · management and general $9,213 · fundraising $828
-
11g · Fees: other
total $454,202 · program services $313,899 · management and general $128,734 · fundraising $11,569
-
12 · Advertising and promotion
total $14,161 · program services $10,836 · fundraising $3,325
-
14 · Information technology
total $79,414 · program services $70,283 · management and general $5,781 · fundraising $3,350
-
16 · Occupancy
total $271,608 · program services $240,380 · management and general $19,772 · fundraising $11,456
-
17 · Travel
total $35,115 · program services $25,075 · management and general $1,886 · fundraising $8,154
-
19 · Conferences, conventions and meetings
total $12,420 · program services $8,869 · management and general $667 · fundraising $2,884
-
20 · Interest
total $218,396 · management and general $218,396
-
22 · Depreciation, depletion and amortization
total $267,654 · program services $227,506 · management and general $26,765 · fundraising $13,383
-
23 · Insurance
total $42,927 · program services $40,210 · management and general $1,812 · fundraising $905
-
24a · Other expenses: SUPPLIES
total $122,913 · program services $121,312 · management and general $1,068 · fundraising $533
-
24b · Other expenses: STUDENTS
total $106,678 · program services $105,581 · fundraising $1,097
-
24c · Other expenses: MISCELLANEOUS
total $97,508 · program services $45,909 · management and general $1,105 · fundraising $50,494
-
24d · Other expenses: MAINTENANCE
total $79,180 · program services $69,193 · management and general $6,658 · fundraising $3,329
-
24e · All other expenses
total $126,352 · program services $117,545 · management and general $4,913 · fundraising $3,894
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $245,303 · end of year $272,498
-
2 · Savings and temporary cash investments
beginning of year $100,000 · end of year $70,149
-
4 · Accounts receivable
beginning of year $48,829 · end of year $62,728
-
8 · Inventories for sale or use
beginning of year $41,967 · end of year $31,932
-
9 · Prepaid expenses and deferred charges
beginning of year $2,001 · end of year $2,677
-
10a · Land, buildings and equipment: cost or other basis
$9,608,808
-
10b · Land, buildings and equipment: accumulated depreciation
$2,970,426
-
10c · Land, buildings and equipment, net
beginning of year $6,766,679 · end of year $6,638,382
-
15 · Other assets
beginning of year $241,478 · end of year $238,546
-
17 · Accounts payable and accrued expenses
beginning of year $310,696 · end of year $302,316
-
19 · Deferred revenue
beginning of year $11,000 · end of year $19,453
-
25 · Other liabilities
beginning of year $4,660,292 · end of year $5,524,462
-
27 · Net assets without donor restrictions
beginning of year $2,303,631 · end of year $1,601,275
-
28 · Net assets with donor restrictions
beginning of year $160,638 · end of year -$130,594
Mission and programs · 2024
Mission
MORTUARY EDUCATION ENDEAVORS TO DEVELOP PROFESSIONALS WHO CAN FUNCTION WITH DISTINCTION WITHIN THEIR CHOSEN PROFESSION AND WITHIN THE COMMUNITY OF LIFE. WE STRIVE TO PROVIDE THE BEST EDUCATION POSSIBLE FOR THE ENTRY LEVEL PRACTICE OF FUNERAL SERVICE.
Activities or mission (Part I)
WE STRIVE TO PROVIDE THE BEST EDUCATION POSSIBLE FOR THE ENTRY LEVEL PRACTICE OF FUNERAL SERVICE.
-
ALL PROGRAM SERVICE ACTIVITY IS FOR MORTUARY EDUCATION. WE SERVE APPROXIMATELY 133 STUDENTS ANNUALLY. AT THE END OF 2023 WE ALSO STARTED OFFERING HUMAN AND PET CREMATION SERVICES THROUGH THE EDUCATIONAL CREMATION CENTER.
Expenses $2,344,632 · Revenue $2,405,390
As filed on the 2024 return.
Listed in Part VII
-
Kathleen ShafferKATHLEEN SHAFFER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kenn PetersonKENN PETERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Steve BittnerSTEVE BITTNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Coleen EllisCOLEEN ELLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim FlynnJIM FLYNN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Duane HedrickDUANE HEDRICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim KingTIM KING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Poul LemastersPOUL LEMASTERS
BOARD LIAISON
- Total calculated
- $0
- Hours/week
- 1
-
Laura NobbeLAURA NOBBE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jerome WeaverJEROME WEAVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Arlene LawrenceARLENE LAWRENCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick RegerPATRICK REGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael RyanMICHAEL RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian DershawBRIAN DERSHAW
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Chad NieterCHAD NIETER
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Jack E Lechner JrJACK E LECHNER JR
PRESIDENT AND CEO
- Total calculated
- $90,668
- From this org
- $78,674
- From related orgs
- $0
- Other
- $11,994
- Hours/week
- 40
-
Jerome Webster PhDJEROME WEBSTER PHD
CHIEF OPERATING OFFICER
- Total calculated
- $39,507
- From this org
- $35,915
- From related orgs
- $0
- Other
- $3,592
- Hours/week
- 40
-
Mark D IveyMARK D IVEY
PRESIDENT
- Total calculated
- $143,594
- From this org
- $110,742
- From related orgs
- $0
- Other
- $32,852
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CINCINNATI FOUNDATION FOR MORTUARY EDUCATION TRUST
501(C)(3) · MORTUARY EDUCATION TRUST · OH · controlled entity
Directly controlled by CINCI FOUNDATION FOR MORTUARY EDUCATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611259349300536
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.