Quick charity verification for Mt Pleasant Cemetery Assoc (EIN: 10234428)
Verdict: Mt Pleasant Cemetery Assoc appears trustworthy
95/100Mission Score
$112KRevenue
$4.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant asset growth (from $712,090 in 2015 to $3,986,479 in 2024).
Expenses consistently well below revenue, indicating strong financial management and surpluses.
Zero officer compensation reported across all filings, suggesting high operational efficiency and volunteer leadership.
Low liabilities relative to assets, indicating a healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Mt Pleasant Cemetery Assoc 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 Mt Pleasant Cemetery Assoc
Is Mt Pleasant Cemetery Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Pleasant Cemetery Assoc (EIN: 10234428) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Mt Pleasant Cemetery Assoc a good charity to donate to?
Mt Pleasant Cemetery Assoc has a Mission Score of 95/100. Revenue: $112K. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mt Pleasant Cemetery Assoc?
The Employer Identification Number (EIN) for Mt Pleasant Cemetery Assoc is 10234428. 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 Mt Pleasant Cemetery Assoc spend its money?
Mt Pleasant Cemetery Assoc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mt Pleasant Cemetery Assoc's tax-exempt status?
You can verify Mt Pleasant Cemetery Assoc's tax-exempt status using EIN 10234428 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
Mt Pleasant Cemetery Assoc demonstrates consistent financial stability and strong asset growth over the past decade. With assets growing from $712,090 in 2015 to $3,986,479 in 2024, the organization has significantly increased its financial reserves. Revenue has fluctuated but generally remained robust, consistently exceeding expenses, which indicates sound financial management and the ability to build reserves. For instance, in 2024, revenue was $154,672 against expenses of $77,141, resulting in a substantial surplus.
The organization's spending efficiency appears high, as expenses are consistently well below revenue, allowing for asset accumulation. The absence of reported officer compensation across all filings suggests that administrative costs related to executive salaries are non-existent, which is a significant positive for spending efficiency. However, without a detailed breakdown of program versus administrative expenses, it's challenging to fully assess the allocation of funds beyond the overall low expense ratio. The organization's consistent filing of IRS Form 990s indicates a commitment to transparency regarding its financial operations.
Overall, Mt Pleasant Cemetery Assoc appears to be a financially healthy and well-managed organization, effectively growing its assets and operating with a lean expense structure. The lack of officer compensation is a notable strength, contributing to its financial efficiency and suggesting a volunteer-driven leadership model.