Evergreen Cemetery Association Inc
Evergreen Cemetery Association Inc consistently generates significant surpluses and shows strong asset growth with no reported officer compensation.
EIN: 220898411 · Morristown, NJ · NTEE: Y52Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $70.9M |
| Transparency Score | 95/100 |
Is Evergreen Cemetery Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evergreen Cemetery Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evergreen Cemetery Association Inc
Evergreen Cemetery Association Inc (EIN: 220898411) is a nonprofit organization based in Morristown, NJ, classified under NTEE code Y52Z. The organization reported total revenue of $6.5M and total assets of $83.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evergreen Cemetery Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evergreen Cemetery Association Inc is a mid-size nonprofit that has been operating for 85 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$2.6M |
| Total Assets | $71.2M |
| Total Liabilities | $297K |
| Net Assets | $70.9M |
| Operating Margin | 60.6% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 500.6 months |
Financial Health Grade: A
In 2023, Evergreen Cemetery Association Inc reported a surplus of $2.6M with revenue exceeding expenses, holds 500.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Evergreen Cemetery Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +40.1% | +17.2% |
| 2022 | -6.0% | -14.7% | -11.0% |
| 2021 | -12.3% | +14.7% | +21.9% |
| 2020 | -0.9% | +9.5% | +16.0% |
| 2019 | +23.1% | +2.6% | +26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Evergreen Cemetery Association Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Evergreen Cemetery Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $2.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization with assets exceeding $70 million and suggests a volunteer-led or externally compensated leadership structure, which significantly reduces administrative overhead.
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.
Strengths
The following positive indicators were identified for Evergreen Cemetery Association Inc:
- Consistent and significant revenue surpluses over expenses.
- Strong and continuous growth in assets, from $29.5M in 2014 to $71.1M in 2023.
- 0% reported officer compensation, indicating high efficiency and dedication to mission.
- Low liabilities relative to assets, suggesting strong financial stability.
- Consistent financial reporting over 14 periods, demonstrating transparency.
Frequently Asked Questions about Evergreen Cemetery Association Inc
Is Evergreen Cemetery Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Evergreen Cemetery Association Inc (EIN: 220898411) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Evergreen Cemetery Association Inc spend its money?
Evergreen Cemetery Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Evergreen Cemetery Association Inc tax-deductible?
Evergreen Cemetery Association Inc is registered as a tax-exempt nonprofit (EIN: 220898411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Evergreen Cemetery Association Inc CEO make?
Evergreen Cemetery Association Inc's highest-compensated officer earns $70 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Evergreen Cemetery Association Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Evergreen Cemetery Association Inc is above average for NTEE category Y52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Evergreen Cemetery Association Inc located?
Evergreen Cemetery Association Inc is headquartered in Morristown, New Jersey and files with the IRS under EIN 220898411. It is classified under NTEE code Y52Z.
How many years of IRS 990 filings does Evergreen Cemetery Association Inc have?
Evergreen Cemetery Association 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 $6.5M in total revenue.
Is Evergreen Cemetery Association Inc a good charity?
Based on its financial data, Evergreen Cemetery Association Inc appears to be a very well-managed organization. It consistently generates surpluses, has strong asset growth, and reports 0% officer compensation, indicating efficient use of funds and a strong commitment to its mission.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Revenue has consistently outpaced expenses, leading to substantial surpluses. Assets have more than doubled, growing from $29,596,850 in 2014 to $71,159,090 in 2023, demonstrating robust financial growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its officers do not receive salaries from the organization. This suggests a volunteer-driven leadership or that compensation is handled through an affiliated entity, which is a strong indicator of financial efficiency.
Filing History
IRS 990 filing history for Evergreen Cemetery Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Evergreen Cemetery Association Inc's revenue has grown by 61%, moving from $2.7M to $4.3M. Total assets increased by 236.1% over the same period, from $21.2M to $71.2M. Total functional expenses fell by 41.5%, from $2.9M to $1.7M. In its most recent filing year (2023), Evergreen Cemetery Association Inc reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $297K in liabilities against $71.2M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $70.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $1.7M | $71.2M | $297K | — | — |
| 2022 | $4.0M | $1.2M | $60.7M | $259K | — | View 990 |
| 2021 | $4.2M | $1.4M | $68.2M | $256K | — | View 990 |
| 2020 | $4.8M | $1.2M | $56.0M | $231K | — | View 990 |
| 2019 | $4.8M | $1.1M | $48.2M | $253K | — | — |
| 2018 | $3.9M | $1.1M | $38.2M | $280K | — | View 990 |
| 2017 | $4.4M | $973K | $38.7M | $225K | — | View 990 |
| 2016 | $3.2M | $939K | $33.4M | $220K | — | View 990 |
| 2015 | $3.3M | $1.4M | $29.8M | $172K | — | View 990 |
| 2014 | $3.8M | $1.3M | $29.6M | $0 | — | View 990 |
| 2013 | $1.0M | $1.3M | $26.7M | $0 | — | View 990 |
| 2012 | $2.8M | $1.1M | $24.2M | $468 | — | View 990 |
| 2011 | $2.2M | $1.5M | $21.6M | $5K | — | View 990 |
| 2010 | $2.7M | $2.9M | $21.2M | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $1.7M, and assets of $71.2M (revenue +9.3% year-over-year).
- 2022: Revenue of $4.0M, expenses of $1.2M, and assets of $60.7M (revenue -6.0% year-over-year).
- 2021: Revenue of $4.2M, expenses of $1.4M, and assets of $68.2M (revenue -12.3% year-over-year).
- 2020: Revenue of $4.8M, expenses of $1.2M, and assets of $56.0M (revenue -0.9% year-over-year).
- 2019: Revenue of $4.8M, expenses of $1.1M, and assets of $48.2M (revenue +23.1% year-over-year).
- 2018: Revenue of $3.9M, expenses of $1.1M, and assets of $38.2M (revenue -11.4% year-over-year).
- 2017: Revenue of $4.4M, expenses of $973K, and assets of $38.7M (revenue +38.7% year-over-year).
- 2016: Revenue of $3.2M, expenses of $939K, and assets of $33.4M (revenue -2.3% year-over-year).
- 2015: Revenue of $3.3M, expenses of $1.4M, and assets of $29.8M (revenue -14.6% year-over-year).
- 2014: Revenue of $3.8M, expenses of $1.3M, and assets of $29.6M (revenue +282.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.3M, and assets of $26.7M (revenue -64.5% year-over-year).
- 2012: Revenue of $2.8M, expenses of $1.1M, and assets of $24.2M (revenue +26.3% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.5M, and assets of $21.6M (revenue -16.7% year-over-year).
- 2010: Revenue of $2.7M, expenses of $2.9M, and assets of $21.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evergreen Cemetery Association Inc:
Data Sources and Methodology
This transparency report for Evergreen Cemetery Association 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.