Is Fidelity Cemetery Association Of Bergen County New Jersey Legit?

Fidelity Cemetery Association of Bergen County New Jersey demonstrates consistent financial stability and growth, with assets steadily increasing from $65 million in 2014 to over $112 million currently. The organization consistently generates more revenue than expenses, as seen in 2023 where revenue was $8,415,627 against expenses of $7,083,053, resulting in a surplus. This indicates sound financial management and the ability to build reserves. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a focus on mission-related spending rather than executive enrichment. The organization's spending efficiency appears strong, given the consistent surpluses and asset growth. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the lack of officer compensation is a positive indicator of efficient resource allocation. The consistent growth in assets and revenue over a decade suggests a well-managed and sustainable operation, capable of fulfilling its long-term obligations. The organization's financial health is robust, with a strong balance sheet and consistent operational surpluses. Transparency is a notable strength, particularly with the zero reported officer compensation. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive signal for donors. The consistent filing of IRS Form 990s over 13 periods further underscores their commitment to public disclosure and accountability.