Fidelity Cemetery Association Of Bergen County New Jersey

Fidelity Cemetery Association shows consistent financial growth and no reported officer compensation over a decade.

EIN: 220771090 · Westwood, NJ · Updated: 2026-03-28

$8.9MRevenue

$112.5MAssets

95/100Mission Score (Excellent)

About Fidelity Cemetery Association Of Bergen County New Jersey

Fidelity Cemetery Association Of Bergen County New Jersey (EIN: 220771090) is a nonprofit organization based in Westwood, NJ. The organization reported total revenue of $8.9M and total assets of $112.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fidelity Cemetery Association Of Bergen County New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fidelity Cemetery Association of Bergen County New Jersey demonstrates consistent financial stability and growth, with assets steadily increasing from $65 million in 2014 to over $112 million currently. The organization consistently generates more revenue than expenses, as seen in 2023 where revenue was $8,415,627 against expenses of $7,083,053, resulting in a surplus. This indicates sound financial management and the ability to build reserves. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a focus on mission-related spending rather than executive enrichment.

The organization's spending efficiency appears strong, given the consistent surpluses and asset growth. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the lack of officer compensation is a positive indicator of efficient resource allocation. The consistent growth in assets and revenue over a decade suggests a well-managed and sustainable operation, capable of fulfilling its long-term obligations. The organization's financial health is robust, with a strong balance sheet and consistent operational surpluses.

Transparency is a notable strength, particularly with the zero reported officer compensation. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive signal for donors. The consistent filing of IRS Form 990s over 13 periods further underscores their commitment to public disclosure and accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fidelity Cemetery Association Of Bergen County New Jersey 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, Fidelity Cemetery Association Of Bergen County New Jersey 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with over $8 million in annual revenue and $112 million in assets.

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 Fidelity Cemetery Association Of Bergen County New Jersey's IRS 990 filings:

Lack of detailed spending breakdown (program vs. admin vs. fundraising) in summary data
Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further scrutiny of compensation structures.

Strengths

The following positive indicators were identified for Fidelity Cemetery Association Of Bergen County New Jersey:

Consistent financial surpluses, with revenue exceeding expenses annually (e.g., $8.4M revenue vs. $7.0M expenses in 2023).
Strong and consistent asset growth over a decade, from $65M in 2014 to over $112M currently.
Zero reported officer compensation across all filings, indicating a potential high degree of volunteer leadership or efficient compensation practices.
Long history of consistent IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Robust financial health with substantial assets relative to liabilities (e.g., $95M assets vs. $16M liabilities in 2023).

Frequently Asked Questions about Fidelity Cemetery Association Of Bergen County New Jersey

How does Fidelity Cemetery Association manage to operate without reported officer compensation?

The provided data consistently shows 0% officer compensation. This could mean that the organization's leadership is entirely volunteer-based, or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990 form, such as through a management company or as general employee salaries. Further investigation into their full 990 forms would be needed to clarify this.

What is the primary source of Fidelity Cemetery Association's revenue?

While the specific breakdown isn't provided in the summary, for a cemetery association, typical revenue sources include plot sales, interment fees, maintenance fees, and investment income from endowments. Given the substantial assets, investment income likely plays a significant role in their $8 million+ annual revenue.

Is the organization's asset growth sustainable?

Yes, the organization has shown consistent asset growth from $65 million in 2014 to over $112 million currently, alongside consistent revenue surpluses. This indicates a sustainable financial model where revenue consistently exceeds expenses, allowing for reinvestment and asset accumulation.

Filing History

IRS 990 filing history for Fidelity Cemetery Association Of Bergen County New Jersey showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fidelity Cemetery Association Of Bergen County New Jersey's revenue has grown by 48.4%, moving from $5.7M to $8.4M. Total assets increased by 72.6% over the same period, from $55.3M to $95.3M. Total functional expenses rose by 21.4%, from $5.8M to $7.1M. In its most recent filing year (2023), Fidelity Cemetery Association Of Bergen County New Jersey reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $17.0M in liabilities against $95.3M in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $78.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$8.4M	$7.1M	$95.3M	$17.0M	—	—
2022	$8.2M	$7.0M	$94.4M	$17.1M	—	View 990
2021	$8.1M	$6.4M	$92.7M	$18.9M	—	View 990
2020	$7.7M	$6.5M	$85.4M	$16.3M	—	View 990
2019	$7.7M	$6.3M	$80.6M	$15.8M	—	—
2018	$7.3M	$6.5M	$77.1M	$16.1M	—	View 990
2017	$7.2M	$6.0M	$78.1M	$18.9M	—	View 990
2016	$7.6M	$6.3M	$70.9M	$15.0M	—	View 990
2015	$7.1M	$6.1M	$67.9M	$14.8M	—	View 990
2014	$6.6M	$5.8M	$65.0M	$15.9M	—	View 990
2013	$5.7M	$6.6M	$62.1M	$17.3M	—	View 990
2012	$5.6M	$5.9M	$56.6M	$13.1M	—	View 990
2011	$5.7M	$5.8M	$55.3M	$12.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $8.4M, expenses of $7.1M, and assets of $95.3M (revenue +3.0% year-over-year).
2022: Revenue of $8.2M, expenses of $7.0M, and assets of $94.4M (revenue +0.8% year-over-year).
2021: Revenue of $8.1M, expenses of $6.4M, and assets of $92.7M (revenue +5.8% year-over-year).
2020: Revenue of $7.7M, expenses of $6.5M, and assets of $85.4M (revenue +0.1% year-over-year).
2019: Revenue of $7.7M, expenses of $6.3M, and assets of $80.6M (revenue +5.4% year-over-year).
2018: Revenue of $7.3M, expenses of $6.5M, and assets of $77.1M (revenue +1.0% year-over-year).
2017: Revenue of $7.2M, expenses of $6.0M, and assets of $78.1M (revenue -5.8% year-over-year).
2016: Revenue of $7.6M, expenses of $6.3M, and assets of $70.9M (revenue +7.7% year-over-year).
2015: Revenue of $7.1M, expenses of $6.1M, and assets of $67.9M (revenue +7.1% year-over-year).
2014: Revenue of $6.6M, expenses of $5.8M, and assets of $65.0M (revenue +15.9% year-over-year).
2013: Revenue of $5.7M, expenses of $6.6M, and assets of $62.1M (revenue +1.2% year-over-year).
2012: Revenue of $5.6M, expenses of $5.9M, and assets of $56.6M (revenue -0.4% year-over-year).
2011: Revenue of $5.7M, expenses of $5.8M, and assets of $55.3M.

Data Sources and Methodology

This transparency report for Fidelity Cemetery Association Of Bergen County New Jersey 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.