Quick charity verification for Cedar Park Cemetery (EIN: 220812560)
Verdict: Cedar Park Cemetery appears trustworthy
90/100Mission Score
$6.9MRevenue
$97.6MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed spending breakdown (program, admin, fundraising) in provided data
Unusually low (0%) reported officer compensation for an organization of this size, which may obscure how leadership is compensated or structured.
Strengths
Consistent revenue generation, averaging over $6 million annually.
Strong asset growth, from $55.6 million in 2014 to $97.5 million currently.
Consistent positive net income (revenue exceeding expenses) across all reported periods.
Zero reported officer compensation, indicating a potential commitment to directing funds to operations or a volunteer-driven leadership model.
Low liabilities relative to assets (e.g., $1.73 million liabilities vs. $79.04 million assets in 2023).
AI Transparency Report
Cedar Park Cemetery demonstrates consistent financial stability and growth over the past decade. With assets growing from $55.6 million in 2014 to $97.5 million currently, and annual revenues consistently above $6 million, the organization appears to be well-managed financially. The organization consistently reports zero officer compensation, which is a significant indicator of transparency and a commitment to directing resources towards its operational mission rather than executive salaries.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent surplus of revenue over expenses (e.g., $6.67 million revenue vs. $5.71 million expenses in 2023) suggests that the organization is operating within its means and building its asset base. The absence of reported officer compensation is a strong positive for spending efficiency.
Overall, Cedar Park Cemetery exhibits strong financial health and a high degree of transparency regarding executive compensation. The consistent growth in assets and revenue, coupled with responsible expense management and no reported officer compensation, paints a picture of a financially sound and accountable organization. Further detailed expense breakdowns would enhance the assessment of specific spending efficiencies.