Is Oakland Cemetery Assoc Legit?

The Oakland Cemetery Assoc demonstrates consistent financial health with a strong trend of increasing assets and generally positive net revenue. Over the past five years, assets have grown from $11,821,613 in 2020 to $15,301,896 in 2024, indicating sound financial management and growth. The organization consistently spends less than its revenue, allowing for asset accumulation. For instance, in 2024, revenue was $1,452,966 against expenses of $1,031,277, resulting in a surplus. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of efficiency and dedication to mission. Spending efficiency appears high, as the organization consistently maintains a significant surplus, indicating that a substantial portion of its revenue is not immediately consumed by operational costs. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed entity. The lack of reported officer compensation also points to a potentially very efficient use of funds, as a major overhead cost is absent. Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a notable aspect of their financial transparency. However, without detailed breakdowns of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is somewhat limited. The organization's low liabilities relative to assets also indicates a healthy and stable financial position.