Fernwood Cemetery Association
Fernwood Cemetery Association: Stable Finances, Low Transparency
EIN: 221409425 · Monroe Twp, NJ · NTEE: Y50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $81K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $2.3M |
| Transparency Score | 65/100 |
Is Fernwood Cemetery Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fernwood Cemetery Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fernwood Cemetery Association
Fernwood Cemetery Association (EIN: 221409425) is a nonprofit organization based in Monroe Twp, NJ, classified under NTEE code Y50. The organization reported total revenue of $263K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fernwood Cemetery Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fernwood Cemetery Association is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330K |
| Total Expenses | $81K |
| Surplus / Deficit | +$249K |
| Total Assets | $2.3M |
| Net Assets | $2.3M |
| Operating Margin | 75.4% |
| Months of Reserves | 333.2 months |
Financial Health Grade: A
In 2023, Fernwood Cemetery Association reported a surplus of $249K with revenue exceeding expenses, holds 333.2 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.4% | -75.3% | +12.4% |
| 2022 | +3.0% | +374.5% | -4.1% |
| 2021 | +99.9% | -17.4% | +8.7% |
| 2020 | -46.2% | +8.0% | +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 Fernwood Cemetery 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Fernwood Cemetery Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $249K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting it is below the $150,000 threshold for individual reporting.
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 Fernwood Cemetery Association's IRS 990 filings:
- Lack of detailed program information makes impact assessment difficult.
- Minimal transparency beyond required financial disclosures.
- Significant 'other expenses' in 2022 ($329,370) without clear explanation.
Strengths
The following positive indicators were identified for Fernwood Cemetery Association:
- Consistent positive net assets over the past several years.
- Stable revenue streams, with some fluctuations.
- Healthy asset base of $2,441,786 as of 2023.
Frequently Asked Questions about Fernwood Cemetery Association
Is Fernwood Cemetery Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Fernwood Cemetery Association (EIN: 221409425) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Fernwood Cemetery Association spend its money?
Fernwood Cemetery Association directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fernwood Cemetery Association tax-deductible?
Fernwood Cemetery Association is registered as a tax-exempt nonprofit (EIN: 221409425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fernwood Cemetery Association CEO make?
Fernwood Cemetery Association's highest-compensated officer earns $150,000 annually. The organization reported $263K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fernwood Cemetery Association's spending goes to programs?
Fernwood Cemetery Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Fernwood Cemetery Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Fernwood Cemetery 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 Fernwood Cemetery Association located?
Fernwood Cemetery Association is headquartered in Monroe Twp, New Jersey and files with the IRS under EIN 221409425. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Fernwood Cemetery Association have?
Fernwood Cemetery 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 $263K in total revenue.
What does Fernwood Cemetery Association do?
Fernwood Cemetery Association is a nonprofit organization in the Mutual & Membership Benefit sector, located in Monroe Twp, New Jersey. It is classified under NTEE code Y50.
How much revenue does Fernwood Cemetery Association have?
Fernwood Cemetery Association reported total revenue of $263,381. Based on 9 IRS 990 filings on record.
What are Fernwood Cemetery Association's total assets?
Fernwood Cemetery Association holds total assets of $2,441,786 as reported in IRS 990 filings.
Where is Fernwood Cemetery Association located?
Fernwood Cemetery Association is based in Monroe Twp, New Jersey.
What is Fernwood Cemetery Association's EIN?
Fernwood Cemetery Association's Employer Identification Number (EIN) is 221409425. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fernwood Cemetery Association?
Fernwood Cemetery Association is classified under NTEE code Y50 (Mutual & Membership Benefit).
Is Fernwood Cemetery Association a registered 501(c)(3)?
Yes, Fernwood Cemetery Association is recognized as a tax-exempt organization by the IRS. EIN: 221409425.
Does Fernwood Cemetery Association file IRS Form 990?
Yes, Fernwood Cemetery Association has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Fernwood Cemetery Association's revenue in 2023?
In the 202312 filing period, Fernwood Cemetery Association reported total revenue of $330,126, total expenses of $81,199, and net assets of $2,254,659.
Is Fernwood Cemetery Association's revenue growing or declining?
Fernwood Cemetery Association's revenue is growing. Revenue went from $243,847 (202212) to $330,126 (202312), a +35.4% change. Based on 9 filings on record.
What is Fernwood Cemetery Association's most recent 990 filing?
The most recent IRS Form 990 filing for Fernwood Cemetery Association covers tax period 202312. It shows revenue of $330,126, expenses of $81,199, total assets of $2,254,659, and liabilities of N/A.
How much does Fernwood Cemetery Association spend on programs vs administration?
Based on IRS 990 analysis, Fernwood Cemetery Association allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Fernwood Cemetery Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Fernwood Cemetery Association shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Fernwood Cemetery Association?
The following concerns were identified: Lack of detailed program information makes impact assessment difficult.. Minimal transparency beyond required financial disclosures.. Significant 'other expenses' in 2022 ($329,370) without clear explanation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fernwood Cemetery Association's strengths?
Positive indicators for Fernwood Cemetery Association include: Consistent positive net assets over the past several years.. Stable revenue streams, with some fluctuations.. Healthy asset base of $2,441,786 as of 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Fernwood Cemetery Association compensate executives?
Executive compensation is not reported in available filings, suggesting it is below the $150,000 threshold for individual reporting. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the significant increase in expenses in 2022 to $329,370 compared to previous years?
The filings do not provide a specific breakdown for the substantial increase in expenses in 2022, which is a notable outlier compared to other years where expenses hovered around $70,000-$80,000.
How does Fernwood Cemetery Association ensure its long-term sustainability given its mission?
The consistent growth in assets and positive revenue trends suggest a focus on financial stability, which is crucial for the perpetual care associated with cemetery operations, though specific strategies are not detailed.
Filing History
IRS 990 filing history for Fernwood Cemetery Association showing financial trends over 9 years of public records:
Total assets increased by 26.8% over the same period, from $1.8M to $2.3M. Total functional expenses rose by 5.6%, from $77K to $81K. In its most recent filing year (2023), Fernwood Cemetery Association reported a surplus of $249K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330K | $81K | $2.3M | $0 | — | View 990 |
| 2022 | $244K | $329K | $2.0M | $0 | — | View 990 |
| 2021 | $237K | $69K | $2.1M | $0 | — | — |
| 2020 | $118K | $84K | $1.9M | $0 | — | — |
| 2019 | $220K | $78K | $1.9M | $0 | — | View 990 |
| 2018 | $-25,209 | $74K | $1.7M | $0 | — | View 990 |
| 2017 | $7K | $74K | $1.8M | $0 | — | View 990 |
| 2016 | $212K | $76K | $1.9M | $0 | — | View 990 |
| 2015 | $-177,995 | $77K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $330K, expenses of $81K, and assets of $2.3M (revenue +35.4% year-over-year).
- 2022: Revenue of $244K, expenses of $329K, and assets of $2.0M (revenue +3.0% year-over-year).
- 2021: Revenue of $237K, expenses of $69K, and assets of $2.1M (revenue +99.9% year-over-year).
- 2020: Revenue of $118K, expenses of $84K, and assets of $1.9M (revenue -46.2% year-over-year).
- 2019: Revenue of $220K, expenses of $78K, and assets of $1.9M.
- 2018: Revenue of $-25,209, expenses of $74K, and assets of $1.7M (revenue -479.3% year-over-year).
- 2017: Revenue of $7K, expenses of $74K, and assets of $1.8M (revenue -96.9% year-over-year).
- 2016: Revenue of $212K, expenses of $76K, and assets of $1.9M.
- 2015: Revenue of $-177,995, expenses of $77K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fernwood Cemetery Association:
Data Sources and Methodology
This transparency report for Fernwood Cemetery 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.