AI Transparency Report
Locustwood Cemetery Association demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. For instance, in 2023, expenses were $2,687,419 against revenues of $2,320,425, indicating a slight deficit, while in 2021, revenues of $2,404,307 exceeded expenses of $2,168,943. The organization's assets have shown steady growth, increasing from $20,770,725 in 2014 to $26,729,842 in 2023, suggesting sound long-term financial management. Liabilities have also increased over this period, from $8,463,985 to $14,367,230, which warrants further investigation into their nature.
Spending efficiency appears stable, with no reported officer compensation across all available filings, which is a positive indicator for resource allocation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent asset growth, despite occasional operational deficits, suggests effective management of its endowment or investment portfolio, which is crucial for a cemetery association's long-term sustainability.
Transparency is generally good given the availability of multiple years of 990 filings. The consistent reporting of zero officer compensation enhances trust. However, the lack of NTEE code information and detailed expense breakdowns in the provided data limits a deeper analysis of its operational focus and efficiency. Further transparency regarding the nature of its liabilities would also be beneficial for stakeholders.