AI Transparency Report
The Cumberland Cemetery Association demonstrates consistent financial activity, with annual revenues generally fluctuating around $50,000. In the most recent period (202312), the organization reported revenues of $49,951 against expenses of $57,060, indicating a deficit for that year. However, this follows a surplus in 202212 where revenues were $63,090 and expenses were $44,521. The organization maintains a healthy asset base, growing from $290,430 in 2015 to $448,719 in 2023, suggesting long-term financial stability despite yearly fluctuations in operating results. Liabilities remain very low, with only $3,186 reported in 202312 and zero in many prior years, indicating a strong balance sheet.
Spending efficiency appears to be reasonable given the nature of a cemetery association, which typically has significant operational costs for grounds maintenance. Without a detailed breakdown of expenses, it's challenging to precisely assess program versus administrative spending. However, the consistent lack of officer compensation reported across all filings suggests that leadership is likely volunteer-based, which is a strong indicator of efficiency and dedication to the mission. The organization's consistent filing of IRS Form 990s over many years demonstrates a commitment to transparency, providing a clear historical record of its financial operations.
Overall, the Cumberland Cemetery Association appears to be a financially stable organization with a long history of operation. While there are occasional operating deficits, these are offset by periods of surplus and a growing asset base. The absence of paid executive compensation is a significant positive for spending efficiency and mission focus.