Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation

Central Jersey Crematory Associates reports significant net loss in latest filing, despite substantial asset growth over the decade.

EIN: 203925539 · Metuchen, NJ · NTEE: Y50 · Updated: 2026-03-28

$458KRevenue

$1.0MAssets

70/100Mission Score (Good)

Y50

About Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation

Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation (EIN: 203925539) is a nonprofit organization based in Metuchen, NJ, classified under NTEE code Y50. The organization reported total revenue of $458K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Central Jersey Crematory Associates, a New Jersey nonprofit, exhibits a fluctuating financial performance over the past several years. While the organization has seen significant asset growth from $47,878 in 2014 to $1,212,688 in 2023, its revenue and expense trends are inconsistent. The most recent filing (202306) shows expenses ($600,981) significantly exceeding revenue ($380,233), resulting in a net loss for the period. This contrasts sharply with previous years like 202106, where revenue ($653,249) comfortably outpaced expenses ($361,878).

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure, contributing positively to its efficiency score. However, the substantial increase in liabilities from $0 in 2019 to $1,056,000 in 2023 warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial stability. The NTEE code Y50 (Cemeteries & Crematories) indicates a specific service-oriented mission, and without detailed program expense breakdowns, it's challenging to fully assess spending efficiency beyond the overall financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation with a Mission Score of 70 out of 100 (Good). 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, Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not reported as officer compensation, which is highly unusual for an organization with over $1 million in assets.

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 Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation's IRS 990 filings:

Significant net loss in the latest fiscal period (202306), with expenses ($600,981) far exceeding revenue ($380,233).
Dramatic increase in liabilities from $0 in 2019 to $1,056,000 in 2023, which could indicate significant debt or other obligations.
Inconsistent revenue and expense trends over the past few years, suggesting potential financial instability or unpredictable operations.

Strengths

The following positive indicators were identified for Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation:

Consistent asset growth over the past decade, from $47,878 in 2014 to $1,212,688 in 2023.
Reported 0% officer compensation across all available filings, indicating a potentially volunteer-driven leadership and efficient use of funds.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.

Frequently Asked Questions about Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation

Is Central Jersey Crematory Associates a good charity?

The organization's financial health shows volatility, with a significant net loss in the latest period (202306) where expenses ($600,981) exceeded revenue ($380,233). However, its long-term asset growth and reported 0% officer compensation are positive indicators. A 'good' charity depends on individual priorities, but its financial stability requires closer monitoring.

Why did expenses significantly exceed revenue in the 202306 period?

In the 202306 period, expenses were $600,981 while revenue was $380,233, leading to a deficit of $220,748. The specific reasons for this increase in expenses relative to revenue are not detailed in the provided summary data and would require reviewing the full Form 990 for expense categories.

What caused the substantial increase in liabilities to over $1 million in 2023?

Liabilities increased dramatically from $0 in 2019 to $1,056,000 in 2023. The nature of these liabilities (e.g., loans, deferred revenue, payables) is not specified in the summary data and would need to be investigated in the full IRS Form 990 to understand their implications for the organization's financial position.

How does the 0% officer compensation impact the organization's operations?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles. While this can indicate high efficiency and dedication, it might also raise questions about the sustainability of leadership and the capacity for complex financial management given the organization's asset size.

Filing History

IRS 990 filing history for Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation's revenue has grown by 377.7%, moving from $80K to $380K. Total assets increased by 3158.5% over the same period, from $37K to $1.2M. Total functional expenses rose by 508%, from $99K to $601K. In its most recent filing year (2023), Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation reported a deficit of $221K, with expenses exceeding revenue. The organization holds $1K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$380K	$601K	$1.2M	$1K	—	View 990
2022	$509K	$455K	$1.4M	$1K	—	View 990
2021	$653K	$362K	$1.4M	$21K	—	—
2020	$592K	$341K	$1.1M	$20K	—	—
2019	$463K	$179K	$836K	$0	—	View 990
2018	$421K	$201K	$552K	$82	—	View 990
2017	$359K	$113K	$334K	$2K	—	View 990
2016	$239K	$116K	$90K	$3K	—	View 990
2015	$188K	$105K	$64K	$100K	—	View 990
2014	$120K	$101K	$48K	$167K	—	View 990
2013	$93K	$75K	$57K	$196K	—	View 990
2012	$80K	$99K	$37K	$191K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $380K, expenses of $601K, and assets of $1.2M (revenue -25.3% year-over-year).
2022: Revenue of $509K, expenses of $455K, and assets of $1.4M (revenue -22.1% year-over-year).
2021: Revenue of $653K, expenses of $362K, and assets of $1.4M (revenue +10.3% year-over-year).
2020: Revenue of $592K, expenses of $341K, and assets of $1.1M (revenue +27.9% year-over-year).
2019: Revenue of $463K, expenses of $179K, and assets of $836K (revenue +9.9% year-over-year).
2018: Revenue of $421K, expenses of $201K, and assets of $552K (revenue +17.4% year-over-year).
2017: Revenue of $359K, expenses of $113K, and assets of $334K (revenue +49.8% year-over-year).
2016: Revenue of $239K, expenses of $116K, and assets of $90K (revenue +27.2% year-over-year).
2015: Revenue of $188K, expenses of $105K, and assets of $64K (revenue +56.3% year-over-year).
2014: Revenue of $120K, expenses of $101K, and assets of $48K (revenue +29.3% year-over-year).
2013: Revenue of $93K, expenses of $75K, and assets of $57K (revenue +17.0% year-over-year).
2012: Revenue of $80K, expenses of $99K, and assets of $37K.

Data Sources and Methodology

This transparency report for Central Jersey Crematory Associatesa New Jersey Nonprofit Corporation 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.