Is Greenwood Cemetery Association Of Boonton New Jersey Legit?

Quick charity verification for Greenwood Cemetery Association Of Boonton New Jersey (EIN: 220963940)

Verdict: Greenwood Cemetery Association Of Boonton New Jersey appears trustworthy

92/100Mission Score
$1.4MRevenue
$5.1MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Greenwood Cemetery Association Of Boonton New Jersey allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Greenwood Cemetery Association Of Boonton New Jersey

Is Greenwood Cemetery Association Of Boonton New Jersey a legitimate charity?

Based on AI analysis of IRS 990 filings, Greenwood Cemetery Association Of Boonton New Jersey (EIN: 220963940) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Greenwood Cemetery Association Of Boonton New Jersey a good charity to donate to?

Greenwood Cemetery Association Of Boonton New Jersey has a Mission Score of 92/100. Revenue: $1.4M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Greenwood Cemetery Association Of Boonton New Jersey?

The Employer Identification Number (EIN) for Greenwood Cemetery Association Of Boonton New Jersey is 220963940. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Greenwood Cemetery Association Of Boonton New Jersey spend its money?

Greenwood Cemetery Association Of Boonton New Jersey allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Greenwood Cemetery Association Of Boonton New Jersey's tax-exempt status?

You can verify Greenwood Cemetery Association Of Boonton New Jersey's tax-exempt status using EIN 220963940 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Greenwood Cemetery Association Of Boonton New Jersey appears to be in a stable financial position, consistently maintaining positive net assets over the past decade, growing from $3.1 million in 2014 to $4.7 million in 2023. The organization's revenue streams have shown significant variability year-to-year, ranging from a low of $117,429 in 2016 to a high of $564,771 in 2019, and $454,736 in 2021, indicating potential reliance on fluctuating contributions or specific projects. Despite this, expenses have generally remained controlled, with the highest reported expenses being $272,815 in 2021, which was still well below the revenue for that period. The organization demonstrates strong spending efficiency, as evidenced by its consistent ability to operate within its means and grow its asset base. For instance, in 2023, with revenues of $167,182 and expenses of $158,296, the organization maintained a healthy surplus. A notable aspect of its financial management is the consistent reporting of zero liabilities across all available filings, suggesting a very conservative and financially secure operational model. This lack of debt contributes significantly to its overall financial health. Transparency appears to be high, with 13 filings available and consistent reporting of key financial metrics. The absence of officer compensation reported across all filings is a significant indicator of either a volunteer-led executive team or compensation falling below reporting thresholds, which further enhances its perceived efficiency and dedication to its mission. This consistent financial reporting and lack of liabilities paint a picture of a well-managed and transparent organization.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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