Is Clover Leaf Park Cemetery Association Legit?

Clover Leaf Park Cemetery Association demonstrates a stable financial position with substantial assets, consistently exceeding $60 million over the past decade, reaching $66.2 million in 2023. While the organization experienced a deficit in 2023, with expenses of $6.3 million exceeding revenue of $5.2 million, this appears to be an anomaly in a trend of generally balanced or surplus operations. For instance, in 2022, revenue of $5.2 million comfortably covered expenses of $4.9 million. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead related to executive pay, which is a positive sign for spending efficiency. The organization's financial health is bolstered by its significant asset base, which provides a buffer against operational fluctuations. The liabilities have remained relatively stable, hovering around $25-30 million, suggesting prudent financial management. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. However, the absence of reported officer compensation suggests a lean approach to leadership costs, which generally contributes to better overall efficiency. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency in its financial operations.