Is Wellwood Cemetery Association Inc Legit?

Wellwood Cemetery Association Inc. demonstrates consistent financial stability and growth, with assets increasing from $51,020,807 in 2014 to $70,263,230 in 2023. The organization consistently generates more revenue than expenses, as seen in the 2023 period where revenue was $7,908,670 against expenses of $5,269,668, indicating sound financial management and a healthy operating surplus. This surplus contributes to the steady growth of its asset base, which is crucial for the long-term maintenance and operation of a cemetery. Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the nature of a cemetery association. The absence of reported officer compensation across all available filings suggests a highly efficient administrative structure or that compensation is covered through other means not detailed in this specific metric, which could be a positive indicator of resource allocation. The organization's liabilities remain very low relative to its substantial assets, further underscoring its financial health. Transparency regarding executive compensation is excellent, with 0% reported officer compensation in all available filings. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial trends suggest a well-managed entity focused on its core mission. The consistent growth in assets and positive operating margins over a decade reflect a sustainable and financially robust organization.