Is Norway Pine Grove Cemetery Corp Legit?

Norway Pine Grove Cemetery Corp demonstrates consistent financial stability, with assets growing from $670,936 in 2015 to $736,281 in 2024. The organization consistently maintains zero or negligible liabilities, indicating strong financial management and a low-risk profile. Revenue and expenses fluctuate year-to-year, typical for smaller organizations, but overall expenses are well-managed relative to revenue, as seen in the 2024 period where revenue of $45,624 exceeded expenses of $34,912. The organization's spending efficiency appears high, particularly given its NTEE code (Y50 - Cemeteries and Burial Services), which often involves direct operational costs. The consistent reporting of 0% officer compensation across all filings is a significant indicator of efficiency and a commitment to directing funds towards its mission. This suggests that the organization relies heavily on volunteer efforts or has a very lean administrative structure, which is commendable for a nonprofit. Transparency is excellent, with a clear history of 10 IRS 990 filings and consistent reporting of key financial metrics. The absence of officer compensation further enhances its transparency profile, as it removes a common area of scrutiny for nonprofits. The organization's financial health is robust, supported by a solid asset base and prudent management of liabilities.