Is Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation Legit?

Central Jersey Crematory Associates, a New Jersey nonprofit, exhibits a fluctuating financial performance over the past several years. While the organization has seen significant asset growth from $47,878 in 2014 to $1,212,688 in 2023, its revenue and expense trends are inconsistent. The most recent filing (202306) shows expenses ($600,981) significantly exceeding revenue ($380,233), resulting in a net loss for the period. This contrasts sharply with previous years like 202106, where revenue ($653,249) comfortably outpaced expenses ($361,878). The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure, contributing positively to its efficiency score. However, the substantial increase in liabilities from $0 in 2019 to $1,056,000 in 2023 warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial stability. The NTEE code Y50 (Cemeteries & Crematories) indicates a specific service-oriented mission, and without detailed program expense breakdowns, it's challenging to fully assess spending efficiency beyond the overall financial health.