AI Transparency Report
Atlantic View Cemetery Assn Inc, operating as a cemetery, demonstrates a generally stable financial position with consistent asset levels over the past decade, averaging around $1.5 million. While revenue and expenses fluctuate year-to-year, the organization typically operates near break-even or with modest surpluses/deficits. For instance, in 2023, revenue was $334,721 against expenses of $313,053, indicating a surplus. However, in 2022, expenses ($282,019) exceeded revenue ($254,655).
The organization's financial health is bolstered by its significant asset base, which has grown to $2,097,181 as of its latest filing, providing a buffer against operational fluctuations. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure, contributing to operational efficiency. The NTEE code being 'Unknown' could be a minor transparency concern, as it makes it harder to benchmark against similar organizations, but given its clear name, its purpose is evident.
Spending efficiency appears to be reasonable, especially considering the lack of reported officer compensation. Without a detailed breakdown of program vs. administrative expenses, it's challenging to precisely quantify efficiency ratios. However, the consistent operational profile and asset growth suggest prudent management of resources for its stated purpose as a cemetery.