Crescent Memorial Park Inc
Crescent Memorial Park Inc: Declining Revenue, Stable Assets, and High Administrative Costs
EIN: 221828329 · Pennsauken, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $669K |
| Total Expenses | $439K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $2.6M |
| Transparency Score | 45/100 |
Is Crescent Memorial Park Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Crescent Memorial Park Inc
Crescent Memorial Park Inc (EIN: 221828329) is a nonprofit organization based in Pennsauken, NJ. The organization reported total revenue of $669K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crescent Memorial Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crescent Memorial Park Inc is a small nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $415K |
| Total Expenses | $439K |
| Surplus / Deficit | $-23,947 |
| Total Assets | $2.9M |
| Total Liabilities | $261K |
| Net Assets | $2.6M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 78.3 months |
Financial Health Grade: B
In 2024, Crescent Memorial Park Inc reported a deficit of $24K with expenses exceeding revenue, holds 78.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Crescent Memorial Park Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.0% | +8.9% | +6.2% |
| 2023 | -11.5% | +3.4% | -1.2% |
| 2022 | +5.3% | +11.9% | -2.6% |
| 2021 | +14.8% | +5.5% | +17.6% |
| 2020 | -3.1% | -0.7% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Crescent Memorial Park Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Crescent Memorial Park Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.1%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is embedded within other administrative costs.
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 Crescent Memorial Park Inc's IRS 990 filings:
- Consistent reporting of $0 program service expenses across multiple years, raising questions about charitable activities.
- Declining revenue trend from $632,148 in 2018 to $414,821 in 2024, indicating potential financial sustainability challenges.
- High administrative expenses relative to total expenses, with no reported program spending.
Strengths
The following positive indicators were identified for Crescent Memorial Park Inc:
- Stable asset base, consistently above $2 million, providing some financial security.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Consistent reporting of financial data over several years, demonstrating transparency in basic financial disclosures.
Frequently Asked Questions about Crescent Memorial Park Inc
Is Crescent Memorial Park Inc a legitimate charity?
Crescent Memorial Park Inc (EIN: 221828329) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 14 years of IRS 990 filings on record. Total revenue: $669K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Crescent Memorial Park Inc spend its money?
Crescent Memorial Park Inc reported $669K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Crescent Memorial Park Inc tax-deductible?
Crescent Memorial Park Inc is registered as a tax-exempt nonprofit (EIN: 221828329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Crescent Memorial Park Inc CEO make?
Crescent Memorial Park Inc's highest-compensated officer earns $0 annually. The organization reported $669K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Crescent Memorial Park Inc located?
Crescent Memorial Park Inc is headquartered in Pennsauken, New Jersey and files with the IRS under EIN 221828329.
How many years of IRS 990 filings does Crescent Memorial Park Inc have?
Crescent Memorial Park Inc has 14 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 $669K in total revenue.
What does Crescent Memorial Park Inc do?
Crescent Memorial Park Inc is a nonprofit organization in the Unknown sector, located in Pennsauken, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Crescent Memorial Park Inc have?
Crescent Memorial Park Inc reported total revenue of $669,230. Based on 14 IRS 990 filings on record.
What are Crescent Memorial Park Inc's total assets?
Crescent Memorial Park Inc holds total assets of $3,016,253 as reported in IRS 990 filings.
Where is Crescent Memorial Park Inc located?
Crescent Memorial Park Inc is based in Pennsauken, New Jersey.
What is Crescent Memorial Park Inc's EIN?
Crescent Memorial Park Inc's Employer Identification Number (EIN) is 221828329. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Crescent Memorial Park Inc?
Crescent Memorial Park Inc is classified under NTEE code Unknown (Unknown).
Is Crescent Memorial Park Inc a registered 501(c)(3)?
Crescent Memorial Park Inc appears in IRS records (EIN: 221828329). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Crescent Memorial Park Inc file IRS Form 990?
Yes, Crescent Memorial Park Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202405.
What was Crescent Memorial Park Inc's revenue in 2024?
In the 202405 filing period, Crescent Memorial Park Inc reported total revenue of $414,821, total expenses of $438,768, and net assets of $2,861,349.
Is Crescent Memorial Park Inc's revenue growing or declining?
Crescent Memorial Park Inc's revenue is declining. Revenue went from $455,601 (202305) to $414,821 (202405), a -9.0% change. Based on 14 filings on record.
What is Crescent Memorial Park Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Crescent Memorial Park Inc covers tax period 202405. It shows revenue of $414,821, expenses of $438,768, total assets of $2,861,349, and liabilities of $261,313.
Is Crescent Memorial Park Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Crescent Memorial Park Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Crescent Memorial Park Inc?
The following concerns were identified: Consistent reporting of $0 program service expenses across multiple years, raising questions about charitable activities.. Declining revenue trend from $632,148 in 2018 to $414,821 in 2024, indicating potential financial sustainability challenges.. High administrative expenses relative to total expenses, with no reported program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Crescent Memorial Park Inc's strengths?
Positive indicators for Crescent Memorial Park Inc include: Stable asset base, consistently above $2 million, providing some financial security.. Low liabilities relative to assets, indicating a healthy balance sheet.. Consistent reporting of financial data over several years, demonstrating transparency in basic financial disclosures.. These findings are derived from AI analysis of the organization's financial filings.
How does Crescent Memorial Park Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is embedded within other administrative costs. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Crescent Memorial Park Inc?
• No program service expenses reported in recent filings, indicating a lack of direct charitable activities. • Financial statements consistently show 0% compensation for officers, directors, trustees, and key employees. • The organization's primary function appears to be maintaining a cemetery, which is reflected in its asset base. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for program service expenses, what is the primary charitable purpose or community benefit provided by Crescent Memorial Park Inc. beyond cemetery maintenance?
The filings do not explicitly detail program services beyond general cemetery operations. The organization's tax-exempt status likely stems from its function as a non-profit cemetery, which is considered a charitable purpose under certain IRS classifications, even without direct 'program service expenses' as typically defined for other types of nonprofits.
How does Crescent Memorial Park Inc. sustain its operations and maintain its assets with declining revenue and no reported program spending?
The organization appears to sustain itself through revenue generated from cemetery operations (e.g., plot sales, interment fees) which are categorized as 'revenue' in the filings. The consistent asset base suggests effective management of existing resources and potentially investment income, though specific investment details are not provided in the summary data.
Filing History
IRS 990 filing history for Crescent Memorial Park Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Crescent Memorial Park Inc's revenue has grown by 15.3%, moving from $360K to $415K. Total assets increased by 102.6% over the same period, from $1.4M to $2.9M. Total functional expenses rose by 50.1%, from $292K to $439K. In its most recent filing year (2024), Crescent Memorial Park Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $261K in liabilities against $2.9M in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $415K | $439K | $2.9M | $261K | — | — |
| 2023 | $456K | $403K | $2.7M | $271K | — | — |
| 2022 | $515K | $390K | $2.7M | $285K | — | View 990 |
| 2021 | $489K | $348K | $2.8M | $299K | — | — |
| 2020 | $426K | $330K | $2.4M | $316K | — | View 990 |
| 2019 | $439K | $332K | $2.2M | $335K | — | View 990 |
| 2018 | $632K | $353K | $2.1M | $327K | — | — |
| 2017 | $370K | $258K | $2.0M | $297K | — | View 990 |
| 2016 | $266K | $302K | $1.8M | $284K | — | View 990 |
| 2015 | $502K | $319K | $2.0M | $296K | — | View 990 |
| 2014 | $341K | $311K | $2.0M | $309K | — | View 990 |
| 2013 | $377K | $323K | $1.8M | $259K | — | View 990 |
| 2012 | $565K | $309K | $1.6M | $284K | — | View 990 |
| 2011 | $360K | $292K | $1.4M | $297K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $415K, expenses of $439K, and assets of $2.9M (revenue -9.0% year-over-year).
- 2023: Revenue of $456K, expenses of $403K, and assets of $2.7M (revenue -11.5% year-over-year).
- 2022: Revenue of $515K, expenses of $390K, and assets of $2.7M (revenue +5.3% year-over-year).
- 2021: Revenue of $489K, expenses of $348K, and assets of $2.8M (revenue +14.8% year-over-year).
- 2020: Revenue of $426K, expenses of $330K, and assets of $2.4M (revenue -3.1% year-over-year).
- 2019: Revenue of $439K, expenses of $332K, and assets of $2.2M (revenue -30.5% year-over-year).
- 2018: Revenue of $632K, expenses of $353K, and assets of $2.1M (revenue +71.0% year-over-year).
- 2017: Revenue of $370K, expenses of $258K, and assets of $2.0M (revenue +39.0% year-over-year).
- 2016: Revenue of $266K, expenses of $302K, and assets of $1.8M (revenue -47.0% year-over-year).
- 2015: Revenue of $502K, expenses of $319K, and assets of $2.0M (revenue +47.0% year-over-year).
- 2014: Revenue of $341K, expenses of $311K, and assets of $2.0M (revenue -9.3% year-over-year).
- 2013: Revenue of $377K, expenses of $323K, and assets of $1.8M (revenue -33.4% year-over-year).
- 2012: Revenue of $565K, expenses of $309K, and assets of $1.6M (revenue +57.2% year-over-year).
- 2011: Revenue of $360K, expenses of $292K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crescent Memorial Park Inc:
Data Sources and Methodology
This transparency report for Crescent Memorial Park Inc 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.