Mobile Memorial Gardens Inc
- Assets
- $10.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 39
- Location
- Mobile, AL
- Founding
- 08/1973
- Data as of
- 12/2021
- EIN
- 63-0333459
Organization Overview
Mobile Memorial Gardens Inc is located in Mobile, AL. The organization was established in 1973. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. As of 12/2021, Mobile Memorial Gardens Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mobile Memorial Gardens Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Mobile Memorial Gardens Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF ENDOWMENT CARE CEMETERY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ENDOWMENT CARE CEMETERY INCLUDING SALE OF LOTS, INTERMENTS, CRYPTS, VAULTS, MARKERS AND OTHER MATERIALS TO LOT OWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas E Farrow Sales Manage | Officer | 40 | $167,624 |
Brian D Shake President | Officer | 40 | $163,894 |
Shawna Mayo Family Ser C | 40 | $143,893 | |
Felecia C Irby Family Ser C | 40 | $125,834 | |
Scott C Nofziger Sales Manage | 40 | $109,294 | |
Gregory W Essary Family Ser C | 40 | $103,652 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,427,545 |
| Investment income | $1,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,677,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $378,718 |
| Compensation of current officers, directors, key employees. | $378,718 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,155,558 |
| Pension plan accruals and contributions | $31,930 |
| Other employee benefits | $5,813 |
| Payroll taxes | $119,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,550 |
| Advertising and promotion | $33,775 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,498 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,464 |
| Insurance | $0 |
| All other expenses | $125,949 |
| Total functional expenses | $2,338,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,908,389 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,734,100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,284,910 |
| Inventories for sale or use | $1,054,180 |
| Prepaid expenses and deferred charges | $610,987 |
| Net Land, buildings, and equipment | $942,406 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,534,972 |
| Accounts payable and accrued expenses | $192,710 |
| Grants payable | $0 |
| Deferred revenue | $8,324,886 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $205,458 |
| Total liabilities | $8,723,054 |
| Net assets without donor restrictions | $1,811,918 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,534,972 |
Endowment Analysis
| Beg. Balance | $8,853,008 |
| Earnings | $1,166,898 |
| Admin Expense | $174,563 |
| Net Contributions | $114,778 |
| Other Expense | $114,959 |
| Ending Balance | $9,845,162 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Naples Botanical Garden Inc Naples, FL | $57,624,895 | $16,619,674 |
Marie Selby Botanical Gardens Inc Sarasota, FL | $76,954,019 | $19,275,923 |
Ida Cason Callaway Foundation Pine Mountain, GA | $48,458,160 | $4,681,748 |
Montgomery Botancial Center Inc Miami, FL | $32,395,379 | $3,972,088 |
Mckee Botanical Garden Inc Vero Beach, FL | $16,253,485 | $2,547,624 |
Mobile Memorial Gardens Inc Mobile, AL | $10,534,972 | $2,677,981 |
Huntsville Madison County Botanical Garden Society Inc Huntsville, AL | $23,752,323 | $2,244,928 |
St Monica Gardens Inc Lauderdale Lakes, FL | $8,355,974 | $863,809 |
The Columbus Botanical Gardens Inc Columbus, GA | $8,767,934 | $815,022 |
St Josephs Garden Courts Inc Orlando, FL | $8,526,355 | $638,481 |
Peace River Botanical & Sculpture Gardens Inc Punta Gorda, FL | $498,065 | $966,093 |
Miami Beach Garden Conservancy Inc Miami Beach, FL | $1,486,518 | $1,084,571 |