Quick charity verification for Black Point Cemetery Corporation (EIN: 16012524)
Verdict: Black Point Cemetery Corporation appears trustworthy
95/100Mission Score
$56KRevenue
$667KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero liabilities reported across all periods, indicating excellent financial health.
No officer compensation reported, demonstrating a strong commitment to mission-focused spending.
Consistent asset growth, with assets increasing from $601,597 in 2021 to $666,530 currently.
Strong program focus, as implied by the NTEE code and lack of administrative overhead for executive salaries.
Positive net income in 2023 ($92,351 revenue vs. $79,962 expenses), showing financial sustainability.
Spending Breakdown
How Black Point Cemetery Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Black Point Cemetery Corporation
Is Black Point Cemetery Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Point Cemetery Corporation (EIN: 16012524) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Black Point Cemetery Corporation a good charity to donate to?
Black Point Cemetery Corporation has a Mission Score of 95/100. Revenue: $56K. Assets: $667K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Black Point Cemetery Corporation?
The Employer Identification Number (EIN) for Black Point Cemetery Corporation is 16012524. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Black Point Cemetery Corporation spend its money?
Black Point Cemetery Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Black Point Cemetery Corporation's tax-exempt status?
You can verify Black Point Cemetery Corporation's tax-exempt status using EIN 16012524 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Black Point Cemetery Corporation demonstrates consistent financial stability, with assets growing from $601,597 in 2021 to $602,468 in 2023, and a significant increase in revenue to $92,351 in 2023. The organization consistently reports zero liabilities, indicating a very healthy balance sheet and strong financial management. Their commitment to transparency is high, as evidenced by readily available filings and zero reported officer compensation across all periods, suggesting that all funds are directed towards the organization's mission rather than executive salaries. The NTEE code Y50 (Cemeteries and Burial Services) aligns with their name, indicating a clear mission focus. The fluctuation in revenue and expenses over the years is typical for smaller organizations, but the overall trend shows growth and prudent financial stewardship.