Is Brookside Cemetery Association Inc Legit?

Brookside Cemetery Association Inc demonstrates strong financial health and efficiency, consistently operating with a surplus over the past decade. In the latest filing (202309), the organization reported revenues of $63,672 against expenses of $21,308, contributing to a healthy growth in assets to $984,209 with zero liabilities. This consistent surplus generation, evident across multiple years (e.g., 202209: $47,994 revenue vs. $22,161 expenses), indicates sound financial management and a sustainable operational model. The organization's spending efficiency appears very high, as evidenced by the significant difference between revenues and expenses. With no reported officer compensation across all filings, administrative costs are likely minimal, allowing a substantial portion of funds to be directed towards its mission. The absence of liabilities in most periods further underscores a conservative and responsible financial approach. Transparency is excellent, particularly given the consistent reporting of zero officer compensation, which simplifies the analysis of how funds are allocated. The steady growth in assets, from $670,514 in 2014 to $984,209 in 2023, reflects effective stewardship of resources. The organization's financial practices suggest a strong commitment to its stated purpose without excessive overhead.