Unusually low reported expenses relative to revenue, potentially indicating under-reporting of certain operational costs or significant reliance on in-kind contributions not fully captured.
0% officer compensation for an organization with nearly $2 million in assets could suggest that key personnel are compensated through related entities or other non-transparent mechanisms, or that the organization is entirely volunteer-run at the leadership level, which is rare for its scale.
Strengths
Strong asset growth: Assets increased from $1,326,192 in 2014 to $1,888,846 in 2023, demonstrating excellent financial stewardship.
Minimal liabilities: Liabilities have consistently been reported as $0 or very low (e.g., $2,351 in 2016), indicating a debt-free and financially secure operation.
High program efficiency: The reported 0% officer compensation suggests a very high percentage of funds are directed towards the organization's mission.
Consistent revenue generation: The organization consistently generates more revenue than expenses, allowing for sustained growth and stability.
Long filing history: 13 filings provide a comprehensive and transparent view of its financial operations over more than a decade.
Spending Breakdown
How Ocean View Cemetery Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Ocean View Cemetery Inc
Is Ocean View Cemetery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocean View Cemetery Inc (EIN: 16010461) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Ocean View Cemetery Inc a good charity to donate to?
Ocean View Cemetery Inc has a Mission Score of 92/100. Revenue: $411K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ocean View Cemetery Inc?
The Employer Identification Number (EIN) for Ocean View Cemetery Inc is 16010461. 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 Ocean View Cemetery Inc spend its money?
Ocean View Cemetery Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ocean View Cemetery Inc's tax-exempt status?
You can verify Ocean View Cemetery Inc's tax-exempt status using EIN 16010461 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
Ocean View Cemetery Inc. demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady growth in assets, increasing from $1,326,192 in 2014 to $1,888,846 in 2023, indicating sound financial management and accumulation of resources. Its liabilities have consistently been minimal or zero across all reported periods, suggesting a very healthy balance sheet and no reliance on debt.
The organization's spending efficiency appears high, with expenses consistently well below revenue, allowing for asset growth. For example, in 2023, revenue was $205,378 against expenses of $109,617. A significant strength is the reported 0% officer compensation across all filings, which suggests that the organization is run by volunteers or that compensation is covered by other means not reported as officer compensation, contributing to a very high program spending ratio. This practice enhances donor confidence by ensuring funds are directed towards operational needs rather than executive salaries.
Overall, Ocean View Cemetery Inc. exhibits excellent financial health, efficient use of funds, and a high degree of transparency regarding its financial operations, particularly concerning executive compensation. The consistent growth in assets and minimal liabilities underscore a well-managed and sustainable operation.