Is Franklin Cemetery Assn Legit?

The Franklin Cemetery Assn appears to be a financially stable organization with a consistent asset base, growing from $581,684 in 2014 to $699,033 in 2023. Its revenue streams fluctuate, with a high of $104,212 in 2017 and a low of $32,896 in 2020, but generally cover its expenses. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Spending efficiency is high, as the organization consistently reports 0% officer compensation, suggesting that its operational costs are primarily directed towards its mission. Given its nature as a cemetery association, a significant portion of its expenses would likely be for grounds maintenance and administration, which are directly tied to its purpose. The absence of fundraising expenses further supports its efficiency, as it likely relies on endowment income or direct service fees. Transparency is excellent, with consistent annual filings and clear financial reporting. The lack of officer compensation and liabilities simplifies its financial structure, making it easy to understand its financial health. The organization's long history of filings demonstrates a commitment to public accountability.