Bloomfield Cemetery Company
Bloomfield Cemetery Company maintains stable finances with growing assets and no reported officer compensation.
EIN: 220777110 · Bloomfield, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $484K |
| Total Expenses | $457K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $21.0M |
| Transparency Score | 80/100 |
Is Bloomfield Cemetery Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bloomfield Cemetery Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bloomfield Cemetery Company
Bloomfield Cemetery Company (EIN: 220777110) is a nonprofit organization based in Bloomfield, NJ. The organization reported total revenue of $484K and total assets of $24.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bloomfield Cemetery Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bloomfield Cemetery Company is a small nonprofit that has been operating for 92 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $457K |
| Surplus / Deficit | +$9K |
| Total Assets | $21.0M |
| Total Liabilities | $2K |
| Net Assets | $21.0M |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 551.1 months |
Financial Health Grade: A
In 2024, Bloomfield Cemetery Company reported a surplus of $9K with revenue exceeding expenses, holds 551.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Bloomfield Cemetery Company's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.3% | -6.3% | +13.7% |
| 2023 | +12.1% | +7.6% | +8.5% |
| 2022 | -38.4% | +10.6% | -14.0% |
| 2021 | +50.8% | +1.5% | +26.8% |
| 2020 | -9.0% | -12.5% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1934 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bloomfield Cemetery Company with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bloomfield Cemetery Company allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is unusual for an organization with over $400,000 in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bloomfield Cemetery Company's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
- Unclear how an organization of this size operates with 0% reported officer compensation, potentially indicating hidden compensation or an unusual operational model.
Strengths
The following positive indicators were identified for Bloomfield Cemetery Company:
- Strong asset growth, increasing from $13.5 million in 2015 to $20.9 million in 2024.
- Very low liabilities, consistently under $3,000, indicating excellent financial stability.
- Consistent revenue generation, generally covering expenses over the past decade.
- No reported officer compensation, suggesting a lean administrative structure or volunteer leadership.
Frequently Asked Questions about Bloomfield Cemetery Company
Is Bloomfield Cemetery Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Bloomfield Cemetery Company (EIN: 220777110) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Bloomfield Cemetery Company spend its money?
Bloomfield Cemetery Company directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bloomfield Cemetery Company tax-deductible?
Bloomfield Cemetery Company is registered as a tax-exempt nonprofit (EIN: 220777110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bloomfield Cemetery Company CEO make?
Bloomfield Cemetery Company's highest-compensated officer earns $400,000 annually. The organization reported $484K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bloomfield Cemetery Company's spending goes to programs?
Bloomfield Cemetery Company directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bloomfield Cemetery Company located?
Bloomfield Cemetery Company is headquartered in Bloomfield, New Jersey and files with the IRS under EIN 220777110.
How many years of IRS 990 filings does Bloomfield Cemetery Company have?
Bloomfield Cemetery Company has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $484K in total revenue.
How does Bloomfield Cemetery Company manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or their compensation is categorized under other expense lines not explicitly identified as 'officer compensation' on the 990 form. Further investigation into their detailed expense schedules would be needed to confirm.
What is the primary source of the organization's revenue?
While the specific breakdown isn't provided, for a cemetery company, primary revenue sources typically include burial plot sales, interment fees, maintenance fees, and potentially investment income from its substantial assets. The consistent revenue streams suggest a stable operational model.
What are the main categories of expenses for Bloomfield Cemetery Company?
Without detailed expense breakdowns, typical expenses for a cemetery include grounds maintenance, administrative costs (e.g., record-keeping, office staff), utilities, and potentially capital improvements. Given the nature of the organization, program expenses would likely relate directly to the upkeep and operation of the cemetery.
How does the organization's asset growth compare to its revenue growth?
The organization's assets have grown significantly from $13.5 million in 2015 to $20.9 million in 2024, while annual revenue has fluctuated but remained generally stable around $400,000-$600,000. This indicates effective asset management and potentially strong investment returns or capital contributions that are building the organization's long-term financial base.
Filing History
IRS 990 filing history for Bloomfield Cemetery Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Bloomfield Cemetery Company's revenue has grown by 155.2%, moving from $182K to $465K. Total assets increased by 94.8% over the same period, from $10.8M to $21.0M. Total functional expenses rose by 11.5%, from $410K to $457K. In its most recent filing year (2024), Bloomfield Cemetery Company reported a surplus of $9K, with revenue exceeding expenses. The organization holds $2K in liabilities against $21.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $465K | $457K | $21.0M | $2K | — | — |
| 2023 | $467K | $487K | $18.4M | $2K | — | — |
| 2022 | $416K | $453K | $17.0M | $2K | — | View 990 |
| 2021 | $676K | $409K | $19.8M | $2K | — | — |
| 2020 | $448K | $403K | $15.6M | $2K | — | — |
| 2019 | $492K | $461K | $15.6M | $2K | — | View 990 |
| 2018 | $801K | $458K | $15.3M | $3K | — | — |
| 2017 | $392K | $428K | $14.5M | $3K | — | View 990 |
| 2016 | $355K | $482K | $13.3M | $3K | — | View 990 |
| 2015 | $399K | $462K | $13.5M | $3K | — | View 990 |
| 2014 | $2.2M | $405K | $13.7M | $3K | — | View 990 |
| 2013 | $1.6M | $414K | $11.9M | $3K | — | View 990 |
| 2012 | $182K | $410K | $10.8M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $465K, expenses of $457K, and assets of $21.0M (revenue -0.3% year-over-year).
- 2023: Revenue of $467K, expenses of $487K, and assets of $18.4M (revenue +12.1% year-over-year).
- 2022: Revenue of $416K, expenses of $453K, and assets of $17.0M (revenue -38.4% year-over-year).
- 2021: Revenue of $676K, expenses of $409K, and assets of $19.8M (revenue +50.8% year-over-year).
- 2020: Revenue of $448K, expenses of $403K, and assets of $15.6M (revenue -9.0% year-over-year).
- 2019: Revenue of $492K, expenses of $461K, and assets of $15.6M (revenue -38.5% year-over-year).
- 2018: Revenue of $801K, expenses of $458K, and assets of $15.3M (revenue +104.5% year-over-year).
- 2017: Revenue of $392K, expenses of $428K, and assets of $14.5M (revenue +10.4% year-over-year).
- 2016: Revenue of $355K, expenses of $482K, and assets of $13.3M (revenue -11.2% year-over-year).
- 2015: Revenue of $399K, expenses of $462K, and assets of $13.5M (revenue -82.0% year-over-year).
- 2014: Revenue of $2.2M, expenses of $405K, and assets of $13.7M (revenue +40.2% year-over-year).
- 2013: Revenue of $1.6M, expenses of $414K, and assets of $11.9M (revenue +765.7% year-over-year).
- 2012: Revenue of $182K, expenses of $410K, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bloomfield Cemetery Company:
Data Sources and Methodology
This transparency report for Bloomfield Cemetery Company is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.