Floral Park Cemetary Corporation
Floral Park Cemetery Corporation: Stable Finances, Low Overhead
EIN: 221618186 · Monmouth Jct, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $643K |
| Program Spending | 60% |
| Net Assets | $10.2M |
| Transparency Score | 75/100 |
Is Floral Park Cemetary Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Floral Park Cemetary Corporation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Floral Park Cemetary Corporation
Floral Park Cemetary Corporation (EIN: 221618186) is a nonprofit organization based in Monmouth Jct, NJ. The organization reported total revenue of $1.6M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Floral Park Cemetary Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Floral Park Cemetary Corporation is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $643K |
| Surplus / Deficit | +$600K |
| Total Assets | $10.3M |
| Total Liabilities | $74K |
| Net Assets | $10.2M |
| Operating Margin | 48.3% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 192.2 months |
Financial Health Grade: A
In 2023, Floral Park Cemetary Corporation reported a surplus of $600K with revenue exceeding expenses, holds 192.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Floral Park Cemetary Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.9% | +7.0% | +5.0% |
| 2022 | -0.5% | +2.2% | +11.1% |
| 2021 | +28.5% | -8.8% | +12.0% |
| 2020 | +5.8% | +2.1% | +7.2% |
| 2019 | +2.8% | +4.8% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
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 Floral Park Cemetary Corporation 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Floral Park Cemetary Corporation allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% 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 $600K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the organization's nature and expense structure, it is likely modest and appropriate for a cemetery corporation.
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 Floral Park Cemetary Corporation's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial statements.
Strengths
The following positive indicators were identified for Floral Park Cemetary Corporation:
- Consistent revenue generation over the past several years.
- Healthy asset growth, increasing from $6,016,142 in 2016 to $10,296,406 in 2023.
- Low liability-to-asset ratio, indicating strong financial stability.
- Consistent operational surplus, demonstrating sound financial management.
Frequently Asked Questions about Floral Park Cemetary Corporation
Is Floral Park Cemetary Corporation a legitimate charity?
Floral Park Cemetary Corporation (EIN: 221618186) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Floral Park Cemetary Corporation spend its money?
Floral Park Cemetary Corporation directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Floral Park Cemetary Corporation tax-deductible?
Floral Park Cemetary Corporation is registered as a tax-exempt nonprofit (EIN: 221618186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Floral Park Cemetary Corporation's spending goes to programs?
Floral Park Cemetary Corporation directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Floral Park Cemetary Corporation located?
Floral Park Cemetary Corporation is headquartered in Monmouth Jct, New Jersey and files with the IRS under EIN 221618186.
How many years of IRS 990 filings does Floral Park Cemetary Corporation have?
Floral Park Cemetary Corporation 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 $1.6M in total revenue.
What does Floral Park Cemetary Corporation do?
Floral Park Cemetary Corporation is a nonprofit organization in the Unknown sector, located in Monmouth Jct, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Floral Park Cemetary Corporation have?
Floral Park Cemetary Corporation reported total revenue of $1,552,707. Based on 13 IRS 990 filings on record.
What are Floral Park Cemetary Corporation's total assets?
Floral Park Cemetary Corporation holds total assets of $11,028,163 as reported in IRS 990 filings.
Where is Floral Park Cemetary Corporation located?
Floral Park Cemetary Corporation is based in Monmouth Jct, New Jersey.
What is Floral Park Cemetary Corporation's EIN?
Floral Park Cemetary Corporation's Employer Identification Number (EIN) is 221618186. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Floral Park Cemetary Corporation?
Floral Park Cemetary Corporation is classified under NTEE code Unknown (Unknown).
Is Floral Park Cemetary Corporation a registered 501(c)(3)?
Floral Park Cemetary Corporation appears in IRS records (EIN: 221618186). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Floral Park Cemetary Corporation file IRS Form 990?
Yes, Floral Park Cemetary Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Floral Park Cemetary Corporation's revenue in 2023?
In the 202312 filing period, Floral Park Cemetary Corporation reported total revenue of $1,242,897, total expenses of $642,707, and net assets of $10,296,406.
Is Floral Park Cemetary Corporation's revenue growing or declining?
Floral Park Cemetary Corporation's revenue is declining. Revenue went from $1,477,611 (202212) to $1,242,897 (202312), a -15.9% change. Based on 13 filings on record.
What is Floral Park Cemetary Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Floral Park Cemetary Corporation covers tax period 202312. It shows revenue of $1,242,897, expenses of $642,707, total assets of $10,296,406, and liabilities of $74,348.
How much does Floral Park Cemetary Corporation spend on programs vs administration?
Based on IRS 990 analysis, Floral Park Cemetary Corporation allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Floral Park Cemetary Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Floral Park Cemetary Corporation appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 4 strengths noted.
What are the red flags for Floral Park Cemetary Corporation?
The following concerns were identified: Lack of detailed program impact reporting beyond financial statements.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Floral Park Cemetary Corporation's strengths?
Positive indicators for Floral Park Cemetary Corporation include: Consistent revenue generation over the past several years.. Healthy asset growth, increasing from $6,016,142 in 2016 to $10,296,406 in 2023.. Low liability-to-asset ratio, indicating strong financial stability.. Consistent operational surplus, demonstrating sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Floral Park Cemetary Corporation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the organization's nature and expense structure, it is likely modest and appropriate for a cemetery corporation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Floral Park Cemetery Corporation ensure long-term sustainability and maintenance of its grounds given its non-profit status?
As a cemetery corporation, a significant portion of its revenue and assets are likely dedicated to perpetual care funds, ensuring the long-term maintenance of the cemetery grounds. The consistent asset growth from $6,016,142 in 2016 to $10,296,406 in 2023 suggests a robust financial strategy for this purpose.
What specific community benefits or programs does Floral Park Cemetery Corporation offer beyond burial services?
The provided data primarily focuses on financial metrics. Without additional information, it's difficult to ascertain specific community benefits or programs beyond its core function of providing burial services and maintaining cemetery grounds. Further investigation into their website or public statements would be needed.
Filing History
IRS 990 filing history for Floral Park Cemetary Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Floral Park Cemetary Corporation's revenue has grown by 34.9%, moving from $921K to $1.2M. Total assets increased by 119.8% over the same period, from $4.7M to $10.3M. Total functional expenses rose by 25%, from $514K to $643K. In its most recent filing year (2023), Floral Park Cemetary Corporation reported a surplus of $600K, with revenue exceeding expenses. The organization holds $74K in liabilities against $10.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $643K | $10.3M | $74K | — | — |
| 2022 | $1.5M | $601K | $9.8M | $251K | — | View 990 |
| 2021 | $1.5M | $588K | $8.8M | $62K | — | View 990 |
| 2020 | $1.2M | $645K | $7.9M | $45K | — | — |
| 2019 | $1.1M | $631K | $7.4M | $47K | — | View 990 |
| 2018 | $1.1M | $602K | $6.9M | $52K | — | View 990 |
| 2017 | $1.0M | $586K | $6.4M | $42K | — | — |
| 2016 | $822K | $565K | $6.0M | $53K | — | View 990 |
| 2015 | $724K | $610K | $5.7M | $33K | — | View 990 |
| 2014 | $907K | $529K | $5.6M | $37K | — | View 990 |
| 2013 | $861K | $534K | $5.3M | $38K | — | View 990 |
| 2012 | $692K | $456K | $4.9M | $39K | — | View 990 |
| 2011 | $921K | $514K | $4.7M | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $643K, and assets of $10.3M (revenue -15.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $601K, and assets of $9.8M (revenue -0.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $588K, and assets of $8.8M (revenue +28.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $645K, and assets of $7.9M (revenue +5.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $631K, and assets of $7.4M (revenue +2.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $602K, and assets of $6.9M (revenue +5.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $586K, and assets of $6.4M (revenue +22.5% year-over-year).
- 2016: Revenue of $822K, expenses of $565K, and assets of $6.0M (revenue +13.4% year-over-year).
- 2015: Revenue of $724K, expenses of $610K, and assets of $5.7M (revenue -20.2% year-over-year).
- 2014: Revenue of $907K, expenses of $529K, and assets of $5.6M (revenue +5.4% year-over-year).
- 2013: Revenue of $861K, expenses of $534K, and assets of $5.3M (revenue +24.5% year-over-year).
- 2012: Revenue of $692K, expenses of $456K, and assets of $4.9M (revenue -24.9% year-over-year).
- 2011: Revenue of $921K, expenses of $514K, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Floral Park Cemetary Corporation:
Data Sources and Methodology
This transparency report for Floral Park Cemetary Corporation 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.