Farmington Cemetery
Farmington Cemetery consistently operates at a deficit, relying on substantial assets and occasional large revenue spikes.
EIN: 20132120 · Farmington, NH · NTEE: Y50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $503K |
| Total Expenses | $181K |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Farmington Cemetery Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Farmington Cemetery directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Farmington Cemetery
Farmington Cemetery (EIN: 20132120) is a nonprofit organization based in Farmington, NH, classified under NTEE code Y50. The organization reported total revenue of $503K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmington Cemetery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farmington Cemetery is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $181K |
| Surplus / Deficit | $-117,292 |
| Total Assets | $1.5M |
| Total Liabilities | $1K |
| Net Assets | $1.5M |
| Operating Margin | -185.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 102.8 months |
Financial Health Grade: B
In 2023, Farmington Cemetery reported a deficit of $117K with expenses exceeding revenue, holds 102.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Farmington Cemetery's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.7% | +23.6% | +4.5% |
| 2022 | -58.1% | +3.0% | -20.1% |
| 2021 | -84.2% | +8.3% | +0.0% |
| 2020 | +590.7% | -9.2% | -8.8% |
| 2019 | +21.9% | +11.4% | +72.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Farmington Cemetery with a Mission Score of 75 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, Farmington Cemetery 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for an organization of its size and mission.
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 Farmington Cemetery's IRS 990 filings:
- Consistent operational deficits in most recent years (e.g., $117,292 in 2023, $98,782 in 2022).
- Reliance on a single large revenue event (2020) to significantly boost assets, which may not be repeatable.
Strengths
The following positive indicators were identified for Farmington Cemetery:
- Substantial asset base ($1,534,750) provides financial stability despite operational deficits.
- Consistent 0% officer compensation indicates highly efficient use of funds at the leadership level.
- Very low liabilities across all filing periods, demonstrating sound debt management.
Frequently Asked Questions about Farmington Cemetery
Is Farmington Cemetery a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmington Cemetery (EIN: 20132120) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Farmington Cemetery spend its money?
Farmington Cemetery directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Farmington Cemetery tax-deductible?
Farmington Cemetery is registered as a tax-exempt nonprofit (EIN: 20132120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Farmington Cemetery's spending goes to programs?
Farmington Cemetery directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Farmington Cemetery compare to similar nonprofits?
With a transparency score of 75/100 (Good), Farmington Cemetery 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 Farmington Cemetery located?
Farmington Cemetery is headquartered in Farmington, New Hampshire and files with the IRS under EIN 20132120. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Farmington Cemetery have?
Farmington Cemetery 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 $503K in total revenue.
Is Farmington Cemetery financially sustainable given its recurring operational deficits?
While Farmington Cemetery has experienced operational deficits in most recent years (e.g., $117,292 in 2023), its substantial asset base ($1,534,750) and occasional large revenue events (e.g., $715,773 in 2020) suggest it has the capacity to absorb these deficits, at least in the short to medium term. Long-term sustainability would depend on the nature of these assets and future revenue generation strategies.
What caused the significant revenue spike in 2020?
The provided data does not specify the cause of the $715,773 revenue spike in 2020. This could be due to a large donation, a specific grant, or an unusual income event. Understanding this would be crucial for assessing future revenue predictability.
How does Farmington Cemetery manage its expenses with consistent 0% officer compensation?
The consistent 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that any compensation falls under other expense categories, which would be unusual. This structure significantly reduces administrative overhead, allowing more funds to be directed towards its mission.
Filing History
IRS 990 filing history for Farmington Cemetery showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Farmington Cemetery's revenue has declined by 27.9%, moving from $88K to $63K. Total assets increased by 17.1% over the same period, from $1.3M to $1.5M. Total functional expenses rose by 73.2%, from $104K to $181K. In its most recent filing year (2023), Farmington Cemetery reported a deficit of $117K, with expenses exceeding revenue. The organization holds $1K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $181K | $1.5M | $1K | — | — |
| 2022 | $47K | $146K | $1.5M | $2K | — | — |
| 2021 | $113K | $142K | $1.9M | $2K | — | View 990 |
| 2020 | $716K | $131K | $1.9M | $2K | — | View 990 |
| 2019 | $104K | $144K | $2.0M | $2K | — | View 990 |
| 2018 | $85K | $130K | $1.2M | $756 | — | View 990 |
| 2017 | $97K | $122K | $1.2M | $796 | — | View 990 |
| 2016 | $96K | $113K | $1.2M | $685 | — | View 990 |
| 2015 | $137K | $119K | $1.3M | $465 | — | View 990 |
| 2014 | $92K | $123K | $1.2M | $485 | — | View 990 |
| 2013 | $90K | $122K | $1.3M | $425 | — | View 990 |
| 2012 | $101K | $111K | $1.3M | $578 | — | View 990 |
| 2011 | $88K | $104K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $181K, and assets of $1.5M (revenue +33.7% year-over-year).
- 2022: Revenue of $47K, expenses of $146K, and assets of $1.5M (revenue -58.1% year-over-year).
- 2021: Revenue of $113K, expenses of $142K, and assets of $1.9M (revenue -84.2% year-over-year).
- 2020: Revenue of $716K, expenses of $131K, and assets of $1.9M (revenue +590.7% year-over-year).
- 2019: Revenue of $104K, expenses of $144K, and assets of $2.0M (revenue +21.9% year-over-year).
- 2018: Revenue of $85K, expenses of $130K, and assets of $1.2M (revenue -12.1% year-over-year).
- 2017: Revenue of $97K, expenses of $122K, and assets of $1.2M (revenue +0.7% year-over-year).
- 2016: Revenue of $96K, expenses of $113K, and assets of $1.2M (revenue -29.8% year-over-year).
- 2015: Revenue of $137K, expenses of $119K, and assets of $1.3M (revenue +48.0% year-over-year).
- 2014: Revenue of $92K, expenses of $123K, and assets of $1.2M (revenue +2.7% year-over-year).
- 2013: Revenue of $90K, expenses of $122K, and assets of $1.3M (revenue -11.1% year-over-year).
- 2012: Revenue of $101K, expenses of $111K, and assets of $1.3M (revenue +15.4% year-over-year).
- 2011: Revenue of $88K, expenses of $104K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farmington Cemetery:
Data Sources and Methodology
This transparency report for Farmington Cemetery 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.