Colonial Memorial Park Association
Colonial Memorial Park Association faces persistent liabilities exceeding assets despite zero executive compensation.
EIN: 210429255 · Trenton, NJ · NTEE: Y50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $253K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $-294,386 |
| Transparency Score | 65/100 |
Is Colonial Memorial Park Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colonial Memorial Park Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colonial Memorial Park Association
Colonial Memorial Park Association (EIN: 210429255) is a nonprofit organization based in Trenton, NJ, classified under NTEE code Y50. The organization reported total revenue of $313K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colonial Memorial Park Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colonial Memorial Park Association is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $250K |
| Total Expenses | $253K |
| Surplus / Deficit | $-3,604 |
| Total Assets | $4.1M |
| Total Liabilities | $4.4M |
| Net Assets | $-294,386 |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 107.2% |
| Months of Reserves | 194.1 months |
Financial Health Grade: C
In 2023, Colonial Memorial Park Association reported a deficit of $4K with expenses exceeding revenue, holds 194.1 months of operating reserves (strong position), has a debt-to-asset ratio of 107.2% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Colonial Memorial Park Association's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.0% | +9.6% | -10.6% |
| 2022 | +25.9% | -48.4% | +9.4% |
| 2021 | +101.1% | +3.1% | +9.1% |
| 2020 | +17.0% | -13.4% | +2.6% |
| 2019 | -12.3% | -3.7% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 Colonial Memorial Park Association with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Colonial Memorial Park Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all nine filings, indicating that no officers or key employees receive salaries, which is highly unusual for an organization with assets over $4 million and annual expenses often exceeding $250,000.
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 Colonial Memorial Park Association's IRS 990 filings:
- Consistent liabilities exceeding assets (e.g., $4,395,072 liabilities vs. $4,100,686 assets in 2023).
- Significant year-over-year revenue volatility (e.g., $657,100 in 2022 to $249,891 in 2023).
- Historical periods of substantial operating deficits (e.g., 2016 expenses of $790,301 against revenue of $385,928).
Strengths
The following positive indicators were identified for Colonial Memorial Park Association:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds regarding executive pay.
- Stable asset base, consistently maintaining over $3.7 million over the past decade.
- Regular filing of IRS Form 990s, demonstrating compliance and transparency in financial reporting.
Frequently Asked Questions about Colonial Memorial Park Association
Is Colonial Memorial Park Association a legitimate charity?
Colonial Memorial Park Association (EIN: 210429255) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $313K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Colonial Memorial Park Association spend its money?
Colonial Memorial Park Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Colonial Memorial Park Association tax-deductible?
Colonial Memorial Park Association is registered as a tax-exempt nonprofit (EIN: 210429255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Colonial Memorial Park Association CEO make?
Colonial Memorial Park Association's highest-compensated officer earns $4 annually. The organization reported $313K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Colonial Memorial Park Association's spending goes to programs?
Colonial Memorial Park Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colonial Memorial Park Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Colonial Memorial Park Association is above average for NTEE category Y50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colonial Memorial Park Association located?
Colonial Memorial Park Association is headquartered in Trenton, New Jersey and files with the IRS under EIN 210429255. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Colonial Memorial Park Association have?
Colonial Memorial Park Association has 9 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 $313K in total revenue.
How does Colonial Memorial Park Association manage its significant liabilities, which often exceed its assets?
The filings consistently show liabilities surpassing assets in recent years (e.g., $4,395,072 liabilities vs. $4,100,686 assets in 2023). This suggests a reliance on debt or other long-term obligations that need to be understood to assess financial stability.
What is the nature of the organization's expenses, given the lack of officer compensation?
With 0% officer compensation, the bulk of expenses (e.g., $253,495 in 2023) must be allocated to operational costs, maintenance, or other non-executive personnel. A detailed breakdown would clarify spending efficiency.
What caused the significant revenue fluctuation from $657,100 in 2022 to $249,891 in 2023?
Such a drastic drop in revenue (over 60%) in a single year could indicate reliance on unpredictable funding sources or significant changes in operational activities. Understanding the cause is crucial for future financial projections.
Filing History
IRS 990 filing history for Colonial Memorial Park Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Colonial Memorial Park Association's revenue has declined by 17.8%, moving from $304K to $250K. Total assets increased by 9% over the same period, from $3.8M to $4.1M. Total functional expenses fell by 66.7%, from $761K to $253K. In its most recent filing year (2023), Colonial Memorial Park Association reported a deficit of $4K, with expenses exceeding revenue. The organization holds $4.4M in liabilities against $4.1M in assets (debt-to-asset ratio: 107.2%), resulting in net assets of $-294,386.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $250K | $253K | $4.1M | $4.4M | — | — |
| 2022 | $657K | $231K | $4.6M | $5.0M | — | View 990 |
| 2021 | $522K | $449K | $4.2M | $5.0M | — | View 990 |
| 2020 | $260K | $435K | $3.8M | $4.8M | — | View 990 |
| 2019 | $222K | $503K | $3.7M | $4.5M | — | — |
| 2018 | $253K | $522K | $3.8M | $4.3M | — | View 990 |
| 2017 | $205K | $391K | $3.7M | $4.0M | — | View 990 |
| 2016 | $386K | $790K | $3.7M | $3.8M | — | View 990 |
| 2015 | $304K | $761K | $3.8M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $250K, expenses of $253K, and assets of $4.1M (revenue -62.0% year-over-year).
- 2022: Revenue of $657K, expenses of $231K, and assets of $4.6M (revenue +25.9% year-over-year).
- 2021: Revenue of $522K, expenses of $449K, and assets of $4.2M (revenue +101.1% year-over-year).
- 2020: Revenue of $260K, expenses of $435K, and assets of $3.8M (revenue +17.0% year-over-year).
- 2019: Revenue of $222K, expenses of $503K, and assets of $3.7M (revenue -12.3% year-over-year).
- 2018: Revenue of $253K, expenses of $522K, and assets of $3.8M (revenue +23.7% year-over-year).
- 2017: Revenue of $205K, expenses of $391K, and assets of $3.7M (revenue -47.0% year-over-year).
- 2016: Revenue of $386K, expenses of $790K, and assets of $3.7M (revenue +27.0% year-over-year).
- 2015: Revenue of $304K, expenses of $761K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colonial Memorial Park Association:
Data Sources and Methodology
This transparency report for Colonial Memorial Park Association 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.