Forest Home Cemetery Inc

Nonprofit profile at a glance

EIN
464387765
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Milwaukee, WI, USA
Phone
4146452632
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Cemeteries

Official website

Reported finances

Revenue
$2,290,657
Expenses
$2,192,033
Assets
$10,277,102
Liabilities
$1,581,902

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JASON SEYMOUR (PRESIDENT)

Highest reported compensation

  • JASON SEYMOUR (PRESIDENT): $109,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Forest home cemetery is a rare "garden cemetery" with sun-graced grass, fountains, lake, thousands of trees and roads winding through soothing english gardens. It is a lasting example of carefully maintained respect and care. Since 1850, milwaukee has grown in an uncertain world of wars, victories, tragedies and triumphs. But throughout decades of changing times, area citizens and dignitaries have always shared a comforting constant: the unparalleled dignity of eternal rest at forest home cemetery, inc. The organization is organized and shall be operated for the disposal of bodies by burial or cremation and any business necessarily incident to such purpose, including, but not limited to, the maintenance of cemetery grounds and mausoleums and the offering of interment, disinterment and cremation services.

What it reported doing in 2025

Forest home cemetery provided burial and cremation services as well as the maintenance of cemetery grounds and mausoleums and the offering of interment, disinterment and cremation services.

Operating model

Revenue model
Other-operating. 79% of the money available for current operations came from other operating revenue.
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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.9%; rating input score 86
  • Fundraising efficiency: $2.77 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

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: Yes; rating input score 100
  • 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: Fail
    • 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: Pass

Sustainability

  • Operating margin: 4.3%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 4.69; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 12.8% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.9% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $109K · 13 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Fundraising efficiency scored 6/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.