Is Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee Legit?
Quick charity verification for Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee (EIN: 133582509)
Verdict: Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee appears trustworthy
85/100Mission Score
$22.7MRevenue
$72.9MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin) in provided data
Significant fluctuations in annual revenue, potentially indicating reliance on investment market performance
Strengths
Consistent financial stability with revenues generally exceeding expenses
Strong asset base ($72,895,722 latest) indicating long-term sustainability
No officer compensation reported directly by the trust, suggesting efficient use of funds or shared administrative structure
Consistent IRS 990 filing history demonstrating transparency
Low liabilities relative to assets in most years
Spending Breakdown
How Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee
Is Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee a legitimate charity?
Based on AI analysis of IRS 990 filings, Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee (EIN: 133582509) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee a good charity to donate to?
Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee has a Mission Score of 85/100. Revenue: $22.7M. Assets: $72.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee?
The Employer Identification Number (EIN) for Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee is 133582509. 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 Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee spend its money?
Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee's tax-exempt status?
You can verify Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee's tax-exempt status using EIN 133582509 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
Perpetual Care Tr Fund Administered By The Kensico Cemetery As Ttee appears to be a financially stable organization, primarily focused on managing its assets. With latest reported assets of $72,895,722 and revenues consistently exceeding expenses in recent years, the fund demonstrates robust financial health. For instance, in 2023, revenue was $5,150,264 against expenses of $1,335,404, indicating a significant surplus. The organization's primary function seems to be asset management for perpetual care, which inherently involves lower program spending ratios compared to direct service charities.
The spending efficiency, while not explicitly detailed in terms of program vs. administrative costs from the provided data, can be inferred as efficient given the nature of a perpetual care trust. The absence of reported officer compensation across all filings suggests a lean operational structure or that compensation is handled through the administering entity, Kensico Cemetery, rather than directly by the trust itself. This structure, while potentially efficient, could also limit direct transparency into the full operational costs if significant administrative functions are absorbed by the trustee without clear disclosure within the trust's 990.
Transparency is generally good with consistent 990 filings. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The lack of officer compensation reported directly on the 990s is a positive indicator for the trust itself, but it would be beneficial to understand the full compensation structure of individuals managing the fund through the Kensico Cemetery. The significant fluctuations in revenue, such as $6.6 million in 2021 compared to $1.9 million in 2022, likely reflect investment performance rather than operational changes.