Vail Memorial Park Foundation

Not tax-deductible

Vail, COCemetery / fraternalMutual/Membership EIN 74-3103053Revenue $628K in FY2024

On file with the IRSvailmemorialpark.orgPo Box 6444, 81658-6444 · Vail, COTax-exempt since Mar 2004

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Cemetery and Memorial Park

88¢ of each $1 spent went to programs.
Run by 8 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $266K a year · 74% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
201 mo
of spending, in cash
Looks good: 200.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $14K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$628K
+46% vs prior year
Spent
$128K
To programs
88%
Net assets
$2.9M
By yearFY2020–FY2024
Revenue
$628K
FY2024▲ +46%
Tap a bar for its year
Revenue by fiscal year
FY2020$247K
FY2021$232K
FY2022$265K
FY2023$431K
FY2024$628K
Expenses
$128K
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$58K
FY2021$61K
FY2022$110K
FY2023$118K
FY2024$128K
Net assets
$2.9M
FY2024▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.0M
FY2022$2.1M
FY2023$2.4M
FY2024$2.9M

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $112K Management & general 12% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Asst Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Vail Memorial Park Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Vail Memorial Park Foundation is a cemetery or fraternal organization based in Vail, CO.

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Provided by the organization

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1 program · $112K · in their own filed words · FY2024
01

Cemetery and memorial park for the interment of cremated remains.

$112Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$14K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$628K
Ln 12
Gifts and grantsLn 1h$561K
Investment incomeLn 3$68K
Money outPt IX
$128K
Ln 25
Programscol B$112K
Managementcol C$15K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$2.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$561K
Investment incomeLn 3$68K
Gains on assetsLn 7$0
Total revenueLn 12$628K
Assets in detailPt X, end of year
CashLn 1$404K
SavingsLn 2$1.7M
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$761K
Other assetsLn 15$0
Total assetsLn 16$2.9M
LiabilitiesLn 26$0
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.6M$2.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$756K$761K
Total assetsLn 16$2.4M$2.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.4M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$892$892
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$52K$52K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$12K$12K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$45K$45K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$16K$16K
All other expensesLn 24e$0
Total functional expensesLn 25$128K$112K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $628K$128K$501K$2.9M 990 PDF
FY2023 $431K$118K$312K$2.4M 990 PDF
FY2022 $265K$110K$155K$2.1M 990 PDF
FY2021 $232K$61K$171K$2.0M 990 PDF
FY2020 $247K$58K$189K$1.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $628,198 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $368,100$560,647
I-9 Program service revenue$0
I-10 Investment incomePrior year $62,820$67,551
I-11 Other revenue$0
I-12 Total revenuePrior year $430,920$628,198
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $118,455$127,530
I-18 Total expensesPrior year $118,455$127,530
I-19 Revenue less expensesPrior year $312,465$500,668
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $628,198 across 8 lines filed
VIII-1f All other contributions, gifts and grants$560,647
VIII-1h Total contributions, gifts and grants$560,647
VIII-3 Investment incomeRelated to mission $67,551$67,551
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $67,551$628,198
Part IX · Statement of functional expenses $127,530 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $892$892
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $52,207$52,207
IX-12 Advertising and promotionManagement $1,047$1,047
IX-13 Office expensesManagement $12,100$12,100
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $44,528$44,528
IX-23 InsuranceManagement $1,204$1,204
IX-24 Other expenses (24a–d)Programs $15,552$15,552
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $112,287 · Management $15,243 · Fundraising $0$127,530
Part X · Balance sheet $2,894,833 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $146,227$404,382
X-2 Savings and temporary cash investmentsStart of year $1,488,987$1,729,171
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $755,515$761,280
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,390,729$2,894,833
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $901,742$1,165,662
X-28 Net assets with donor restrictionsStart of year $1,488,987$1,729,171
X-32 Total net assets or fund balancesStart of year $2,390,729$2,894,833
X-33 Total liabilities and net assetsStart of year $2,390,729$2,894,833
Part XI · Reconciliation of net assets $2,894,833 net assets at year end
XI-1 Total revenue$628,198
XI-2 Total expenses$127,530
XI-3 Revenue less expenses$500,668
XI-4 Net assets at start of year$2,390,729
XI-5 Net unrealized gains (losses) on investments$3,436
XI-10 Net assets at end of year$2,894,833

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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