Is Crescent Cemetery Inc Legit?

Crescent Cemetery Inc. demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has steadily increased from $182,570 in 2015 to $485,482 in 2023, indicating a stable funding base. The organization's assets have also grown significantly, from $339,752 in 2015 to $1,391,221 in 2023, suggesting sound financial management and investment in its long-term mission. Liabilities remain relatively low compared to assets, indicating a healthy balance sheet. Spending efficiency appears robust, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $407,162 against revenues of $485,482. The NTEE code Y50 (Cemeteries and Burial Services) suggests a focus on direct service delivery, which typically aligns with high program spending. The absence of reported officer compensation across all filings is a notable indicator of transparency and potentially efficient use of funds, as it suggests a volunteer-led or minimally compensated leadership structure. Overall, Crescent Cemetery Inc. exhibits strong financial health, efficient operations given its asset growth and low liabilities, and a high degree of transparency regarding executive compensation. Its consistent growth in revenue and assets, coupled with prudent expense management, positions it as a financially stable entity.