Bascom Cemetery Association EIN 76-0554320

Bascom Cemetery Association

EIN  76-0554320 Cemetery / fraternal Houston, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Maintains a cemetery to ensure its lasting beauty and upkeep.
Leadership
Mike Hilliard · President
Money in and out
$73K revenue, $53K expenses
Bottom line
+28% surplus margin

Maintains a cemetery to ensure its lasting beauty and upkeep. For fiscal year 2024 it reported $73K in revenue, $53K in expenses, and $358K in net assets.Pt I

Reported financial activity · FY2024
Total revenue
$73K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$358K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Surplus margin
+28%
revenue over expenses, this year▼ -22% vs prior filing year
Program spending
95%
of expenses reach programs▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$73K
FY2024▼ -17%
Expenses
$53K
FY2024▼ -7%
Total assets
$360K
FY2024▲ +6%
Total liabilities
$2K
FY2024▲ +28%
Total revenue
$73K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$358K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$360K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Operation and maintenance of a community cemetery.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBascom Cemetery Association
EINHdr · item D76-0554320
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(13) · active
NTEE classificationIRS BMFMutual/Membership (Y50)
Ruling yearIRS BMFSep 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$64K · 88%
Contributions & grants$9K · 12%
Other revenue88%$64K
Contributions & grants12%$9K
Total revenueLn 12$73K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$50K
Management & general5%$3K
Total functional expensesLn 25$53K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$360K
Total liabilitiesLn 26$2K
Total net assetsLn 32$358K
Months of cash on handcomputed13.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $274K · Operating expenses/yr $53K
62.4 months
Where the money goes
Program services
Program services $50K · Total expenses $53K
95%
Management & General
Management & general $3K · Total expenses $53K
5%
Fundraising
Fundraising $0 · Total expenses $53K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $9K · Total revenue $73K
12%
Government reliance
Government grants — · Total revenue $73K
Earned-income share
Program service revenue $0 · Total revenue $73K
0%
Investment reliance
Investment income $0 · Total revenue $73K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $53K
0%
Growth & trend
Revenue growth (YoY)
This year $73K · Prior year $88K
-17%
Revenue CAGR
FY2020 $103K · FY2024 $73K
-8%
Net-asset trend (YoY)
End of year $358K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $73K · Expenses $53K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $360K
Net-asset ratio
Net assets $358K · Total assets $360K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $217K · Total assets (Pt X, ln 16) $360K
60%
People & payroll
Highest Reported Total Compensation
Individual Mike Hilliard · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $53K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $53K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth -17%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$73K revenue · viewing · ⤓ 990 PDF
FY2023$88K revenue · ⤓ 990 PDF
FY2022$43K revenue · ⤓ 990 PDF
FY2021$71K revenue · ⤓ 990 PDF
FY2020$103K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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