Overview
What is Commonwealth Institute Of Funeral Service?
The Commonwealth Institute of Funeral Service, located in Houston, Texas, is a dedicated vocational institution that focuses on elevating the funeral service profession. With a mission to educate aspiring individuals, it offers two programs: an Associate of Applied Science Degree and a Certificate in Funeral Directing. The AAS program equips students with necessary skills for employment as embalmers and funeral directors, while the Certificate in Funeral Directing is tailored to prepare students for employment as funeral directors in Texas alone. The institution aims to provide a solid foundation for individuals seeking a career in the funeral service industry. With a workforce of 27 employees, it is committed to upholding high standards in the field.
Official website here: www.commonwealth.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The Commonwealth Institute Of Funeral Service has received a Two-Star rating from Charity Navigator, primarily due to its Accountability & Finance metrics. The organization demonstrates strengths in its governance structure, with a high percentage of independent board members and a strong audit committee. However, the overall score reflects significant concerns in financial transparency and operational practices.
The institute has excelled in areas like conflict of interest policy and management of assets, with no material diversion reported. However, it lacks essential policies such as a whistleblower policy and document retention guidelines. Furthermore, the absence of its tax form on the nonprofit's website indicates shortcomings in transparency.
The program expense ratio of 53.18% suggests that slightly more than half of its expenses are directed towards its programs, which raises questions about its efficiency in utilizing resources for its mission. Overall, while the Commonwealth Institute Of Funeral Service has a solid governance framework, it faces challenges in financial management and transparency that could impact its effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Commonwealth Institute Of Funeral Service legitimate?
Commonwealth Institute Of Funeral Service is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Institute Of Funeral Service submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $113,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $750,940
For more financial information, click here
Official website here: www.commonwealth.edu
What is the mission statement of Commonwealth Institute Of Funeral Service?
The Commonwealth Institute of Funeral Service, functioning as a vocational, post-secondary educational institution, is committed to providing educational opportunities for individuals pursuing a career in funeral service. Its primary objective is to educate individuals, preparing them with the necessary skills and knowledge required for licensure and a career in this field. Situated in Houston, Texas, the institute offers two programs: an Associate of Applied Science Degree in Funeral Service and a Certificate in Funeral Directing. The former equips students with essential skills for employment as embalmers and funeral directors, while the latter focuses on preparing students for employment as funeral directors in Texas solely.
Official website here: www.commonwealth.edu
Who is the CEO of Commonwealth Institute Of Funeral Service?
Cody Lopasky is the Chairman of Commonwealth Institute Of Funeral Service.
Official website here: www.commonwealth.edu
What is the revenue of Commonwealth Institute Of Funeral Service?
Commonwealth Institute Of Funeral Service's revenue in 2022 was $3,232,407.
Official website here: www.commonwealth.edu
Who are the executives of Commonwealth Institute Of Funeral Service and what are their salaries?
The average compensation at Commonwealth Institute Of Funeral Service during 2022 was $32,024. There are 27 employees and 9 volunteers at Commonwealth Institute Of Funeral Service.
Here are 11 key members and their salaries:
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- Compensation: $109,923
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- Other: $3,796
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- Related: $111,926
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Official website here: www.commonwealth.edu
Where can I find the form 990 for Commonwealth Institute Of Funeral Service?
Commonwealth Institute Of Funeral Service's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.commonwealth.edu
Learn more at the official website: www.commonwealth.edu
Mission Statement of Commonwealth Institute Of Funeral Service
The Commonwealth Institute of Funeral Service, as a vocational, postsecondary teaching institution, is dedicated to the primary purpose of educating individuals who are passionate about pursuing a career in funeral service. By offering two distinct programs, an Associate of Applied Science Degree and a Certificate in Funeral Directing, the Institute aims to prepare its students with the necessary skills and abilities to excel in the fields of embalming and funeral directing. The AAS program equips students with the essential tools for employment in both roles, ensuring they are well-equipped to make significant contributions to the funeral service profession. The Certificate in Funeral Directing, specifically designed for Texas, focuses on teaching the fundamental skills required for employment as a funeral director within the state. The Commonwealth Institute of Funeral Service, in its commitment to upholding the highest standards of the funeral service profession, is dedicated to shaping the future of the industry by nurturing the next generation of funeral directors and embalmers.
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Impact
July, 2024
Commonwealth Institute of Funeral Service in Houston, Texas, is making a significant impact by providing educational opportunities for individuals seeking a career in funeral service. By offering programs such as an Associate of Applied Science Degree and a Certificate in Funeral Directing, the Institute is dedicated to raising the standards of the funeral service profession. Their mission revolves around educating and preparing students as funeral directors and embalmers, equipping them with the necessary skills and abilities for successful employment in the field. Through their vocational, postsecondary teaching institution, Commonwealth Institute of Funeral Service is playing a crucial role in shaping the future professionals of the funeral service industry.
This information is meant to be a general summary of Commonwealth Institute Of Funeral Service. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $214,702
- Program Service Revenue: $3,007,278
- Gross Receipts: $3,310,053
Assets and Liabilities:
- Total Assets: $8,009,195
- Total Liabilities: $437,624
- Net Assets: $7,571,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$2,899,914
Registration, graduation
Revenue
$62,906
Academic revenue, fees
Revenue
$28,019
Books and supply fees
Revenue
$16,439
Organization Details
Founding Year
1988
Phone
(281) 873-0262Principal Officer
Cody Lopasky
Main Address
415 Barren Springs Drive, Houston, TX, 77090
Website
www.commonwealth.eduNTEE Category
Code: B400 - Education
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