Fernwood Cemetery Special Care Trust

Nonprofit profile at a glance

EIN
206669785
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Los Angeles, CA, USA
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cemeteries

Reported finances

Revenue
$2,830
Expenses
$375
Assets
$80,336
Liabilities
$100

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Kanthiah Yogakumar (President)
  • Homer Alba (Vice President)

People named in this filing

  • Kanthiah Yogakumar (President)
  • Peony Wellen (Acctg Manager)
  • Homer Alba (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

.Refer to Schedule OFernwood - Special Care Trust was organized for the purpose of holding funds from sales of pre-need cemetery merchandise or services. When the cemetery authority sells a pre-need cemetery merchandise or pre-need services contract, the cemetery authority is required to place in the trust such pre-need merchandise and services in a special need trust unless the pre-need merchandise is delivered to the purchaser.Upon the death of the customer/trustor, or upon the cemetery authority performing the services as required by the contract between the cemetery authority and trustor, or upon the cancellation of the contract by the customer/trustor, the cemetery authority shall request payment from the trustees of the Special Care trust agreement of Fernwood for the amount trusted by the cemetery authority in full payment of the merchandise, commodities and services as contracted by the trustor. Fernwood Special Care Trust began operations in 2005. The activities of the organiz

What it reported doing in 2024

Refer to Schedule O

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 82
  • Sustainability: 86
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.3%; rating input score 13
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 86.7%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 214.23; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -4.8% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: -31.7% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 13.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $375 in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.