Highland Memorial Cemetery Associat Ion
Highland Memorial Cemetery Association experiences significant financial volatility with a sharp decline in revenue and assets in its latest filing.
EIN: 10428565 · S Portland, ME · NTEE: Y50 · Updated: 2026-03-28
Is Highland Memorial Cemetery Associat Ion Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Highland Memorial Cemetery Associat Ion directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Highland Memorial Cemetery Associat Ion
Highland Memorial Cemetery Associat Ion (EIN: 10428565) is a nonprofit organization based in S Portland, ME, classified under NTEE code Y50. The organization reported total revenue of $56K and total assets of $294K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Memorial Cemetery Associat Ion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland Memorial Cemetery Associat Ion is a micro nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $61K |
| Surplus / Deficit | $-22,565 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | -58.9% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Highland Memorial Cemetery Associat Ion reported a deficit of $23K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2023), Highland Memorial Cemetery Associat Ion's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.2% | +15.9% | -98.0% |
| 2022 | +846.8% | +95.2% | +478.8% |
| 2017 | +61.1% | -11.2% | +34.5% |
| 2016 | -7.2% | +5.2% | +9.1% |
| 2015 | +87.3% | -36.6% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Highland Memorial Cemetery Associat Ion with a Mission Score of 70 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: 90%
- fundraising: 0%
According to IRS 990 filings, Highland Memorial Cemetery Associat Ion 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 deficit of $23K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is highly efficient for an organization of its size.
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 Highland Memorial Cemetery Associat Ion's IRS 990 filings:
- Significant year-over-year financial volatility, particularly the sharp decline in assets from $547,620 in 2022 to $10,962 in 2023.
- Expenses ($60,876) exceeding revenue ($38,311) in the latest 2023 filing, indicating an operational deficit.
- Inconsistent revenue streams, ranging from $16,507 in 2013 to $437,623 in 2022, making long-term planning challenging.
Strengths
The following positive indicators were identified for Highland Memorial Cemetery Associat Ion:
- Consistent reporting of 0% officer compensation across all filings, indicating highly efficient administrative costs.
- Demonstrated ability to generate substantial revenue in certain periods, such as $437,623 in 2022.
- Focus on its core mission as a cemetery association, likely with minimal fundraising overhead.
Frequently Asked Questions about Highland Memorial Cemetery Associat Ion
Is Highland Memorial Cemetery Associat Ion a legitimate charity?
Based on AI analysis of IRS 990 filings, Highland Memorial Cemetery Associat Ion (EIN: 10428565) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Highland Memorial Cemetery Associat Ion spend its money?
Highland Memorial Cemetery Associat Ion directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Highland Memorial Cemetery Associat Ion tax-deductible?
Highland Memorial Cemetery Associat Ion is registered as a tax-exempt nonprofit (EIN: 10428565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the dramatic decrease in assets from $547,620 in 2022 to $10,962 in 2023?
The filings do not provide specific details, but such a significant drop could be due to large capital expenditures, asset sales, or reclassification of funds. Further inquiry into the organization's financial statements would be needed.
Why did expenses ($60,876) exceed revenue ($38,311) in the 2023 fiscal period?
This indicates an operational deficit for the year, meaning the organization spent more than it earned. This could be covered by drawing down reserves from previous years or through other non-operating income not reflected in the revenue figure.
Is Highland Memorial Cemetery Association financially stable given the revenue and asset fluctuations?
The significant volatility in revenue and assets, particularly the recent sharp declines, suggests potential instability. While the 2022 period showed strong financial health, the 2023 data raises concerns about its ability to sustain operations without consistent funding.
Filing History
IRS 990 filing history for Highland Memorial Cemetery Associat Ion showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Highland Memorial Cemetery Associat Ion's revenue has grown by 55.7%, moving from $25K to $38K. Total assets decreased by 91.5% over the same period, from $128K to $11K. Total functional expenses rose by 62%, from $38K to $61K. In its most recent filing year (2023), Highland Memorial Cemetery Associat Ion reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $61K | $11K | $0 | — | — |
| 2022 | $438K | $53K | $548K | $0 | — | View 990 |
| 2017 | $46K | $27K | $95K | $0 | — | View 990 |
| 2016 | $29K | $30K | $70K | $0 | — | View 990 |
| 2015 | $31K | $29K | $65K | $0 | — | — |
| 2013 | $17K | $45K | $69K | $0 | — | — |
| 2011 | $25K | $38K | $128K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $61K, and assets of $11K (revenue -91.2% year-over-year).
- 2022: Revenue of $438K, expenses of $53K, and assets of $548K (revenue +846.8% year-over-year).
- 2017: Revenue of $46K, expenses of $27K, and assets of $95K (revenue +61.1% year-over-year).
- 2016: Revenue of $29K, expenses of $30K, and assets of $70K (revenue -7.2% year-over-year).
- 2015: Revenue of $31K, expenses of $29K, and assets of $65K (revenue +87.3% year-over-year).
- 2013: Revenue of $17K, expenses of $45K, and assets of $69K (revenue -32.9% year-over-year).
- 2011: Revenue of $25K, expenses of $38K, and assets of $128K.
Data Sources and Methodology
This transparency report for Highland Memorial Cemetery Associat Ion 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.