Oak Grove Memorial Gardens
Nonprofit profile at a glance
- EIN
- 750468867
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Irving, TX, USA
- Phone
- 9725791844
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,526,422
- Expenses
- $2,419,734
- Assets
- $6,892,847
- Liabilities
- $790,671
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- AARON KING (PRESIDENT/GE)
Highest reported compensation
- AARON KING (PRESIDENT/GE): $290,683 total reported compensation
- PETER GOMEZ (VICE PRESIDE): $145,317 total reported compensation
- JAMES MAMMEN (SECRETARY/TR): $1,590 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 establish, manage, maintain, improve and operate any one or more of the businesses of a cemetery, including the sale of lots for burial purposes, mausoleum crypts, vaults and niches; memorials; to operate a perpetual care cemetery.
What it reported doing in 2024
Operate a perpetual care cemetery. Managed, maintained and operated a perpetual care cemetery for the benefit of the community of irving, Texas. Conducted 334 services for the interment or inurnment of remains.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - Most voting board members are independent and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 59
- Accountability: 91
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.2%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 2.85; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 18.2%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.8% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $291K · 8 people listed · 1 of 6 pay-setting controls reported
- Consistency: 11 of 13 current checks pass · 2 findings to review
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.