Calvary Cemetery Association of Dayton Ohio

Nonprofit profile at a glance

EIN
310232270
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Dayton, OH, USA
Phone
9372931221
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$6,167,541
Expenses
$3,048,304
Assets
$44,565,890
Liabilities
$2,773,761

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • JOHN FERNEDING (VICE PRESIDENT)
  • WILLIAM FRAPWELL (PAST PRESIDENT)
  • ADAM RAVESTEIN (PRESIDENT)
  • RICK E MEADE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RICK E MEADE (EXECUTIVE DIRECTOR): $122,992 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate a catholic cemetery as well as a mausoleum and columbarium.

What it reported doing in 2024

The calvary cemetery association is an Ohio not-for-profit corporation founded by dayton's catholic community in 1872. A volunteer board of trustees, representing the catholic parishes within the dayton deanery, governs the association.reverence for the past and commitment to the future is our sincere mission at calvary cemetery. It may be a comfort and assurance to you to know that calvary has placed 33.3% of proceeds from each lot sale into an endowed care fund since its inception and continues to do so today. This ensures that calvary will be able to care for this sacred property long into the future. By comparison, Ohio law requires "for profit cemeteries" to place only 10% of their proceeds into this type of fund. Thus calvary exceeds the Ohio law requirement by over three times. We are grateful for the tremendous vision and wise planning that our forefathers have passed down to the community. The rolling hills of calvary are a beautiful and peaceful setting for a cemetery and will serve the needs of many future generations of dayton area families.as you continue your visit through our website, we hope you find it helpful in making important decisions you and your family will need to make when you feel the time is right. Calvary has a broad selection of options to choose from to meet your family's needs and wishes. Our staff will help you tour our grounds and facilities and answer your questions.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 86
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 60.9%; rating input score 61
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 50.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 14.62; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 60.9% of spending went to programs
  • Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $123K · 16 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.