Hollywood Memorial Park Company
Hollywood Memorial Park Company shows consistent revenue-expense balance and significant asset growth, with no reported officer compensation.
EIN: 220995959 · Houston, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $5.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $6.7M |
| Transparency Score | 70/100 |
Is Hollywood Memorial Park Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hollywood Memorial Park Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hollywood Memorial Park Company
Hollywood Memorial Park Company (EIN: 220995959) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $6.5M and total assets of $51.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hollywood Memorial Park Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hollywood Memorial Park Company is a mid-size nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $5.3M |
| Surplus / Deficit | +$10K |
| Total Assets | $42.4M |
| Total Liabilities | $35.7M |
| Net Assets | $6.7M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 84.2% |
| Months of Reserves | 95.5 months |
Financial Health Grade: A
In 2023, Hollywood Memorial Park Company reported a surplus of $10K with revenue exceeding expenses, holds 95.5 months of operating reserves (strong position), has a debt-to-asset ratio of 84.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hollywood Memorial Park Company's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +7.4% | +3.4% |
| 2022 | -15.1% | -15.2% | +22.5% |
| 2021 | +30.9% | +31.0% | +47.2% |
| 2020 | +11.5% | +11.5% | -1.2% |
| 2019 | +23.7% | +19.5% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
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 Hollywood Memorial Park Company 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hollywood Memorial Park Company 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 surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.2%.
Executive Compensation Analysis
Hollywood Memorial Park Company consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either uncompensated or compensated through mechanisms not reported as officer compensation on the IRS Form 990, which is highly unusual for an organization of its size with over $50 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 Hollywood Memorial Park Company's IRS 990 filings:
- Significant increase in liabilities without clear explanation in provided data
- 0% officer compensation for an organization with over $50 million in assets, which is unusual and may indicate alternative compensation structures not fully transparent
- NTEE code is unknown, limiting understanding of mission and program focus
Strengths
The following positive indicators were identified for Hollywood Memorial Park Company:
- Consistent revenue generation closely matching expenses, indicating operational stability
- Significant growth in assets from $22,715,873 in 2020 to $51,661,535 currently
- No reported officer compensation, suggesting low administrative overhead in this specific category
Frequently Asked Questions about Hollywood Memorial Park Company
Is Hollywood Memorial Park Company a legitimate charity?
Hollywood Memorial Park Company (EIN: 220995959) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $6.5M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Hollywood Memorial Park Company spend its money?
Hollywood Memorial Park Company directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hollywood Memorial Park Company tax-deductible?
Hollywood Memorial Park Company is registered as a tax-exempt nonprofit (EIN: 220995959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hollywood Memorial Park Company CEO make?
Hollywood Memorial Park Company's highest-compensated officer earns $50 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hollywood Memorial Park Company's spending goes to programs?
Hollywood Memorial Park Company directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hollywood Memorial Park Company located?
Hollywood Memorial Park Company is headquartered in Houston, Texas and files with the IRS under EIN 220995959.
How many years of IRS 990 filings does Hollywood Memorial Park Company have?
Hollywood Memorial Park Company has 14 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 $6.5M in total revenue.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings for Hollywood Memorial Park Company consistently show 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 related entity or as general employee salaries.
What is the nature of the significant increase in liabilities?
Liabilities have increased substantially from $9,703,531 in 2020 to $35,677,996 in 2023. This significant rise, alongside asset growth, warrants further investigation to understand if it's due to debt financing for asset acquisition, deferred revenue, or other obligations.
What is the organization's NTEE code and primary program activities?
The NTEE code for Hollywood Memorial Park Company is currently unknown from the provided data. Understanding this code and the organization's primary program activities would provide crucial context for evaluating its mission effectiveness and spending.
Filing History
IRS 990 filing history for Hollywood Memorial Park Company showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hollywood Memorial Park Company's revenue has grown by 76.7%, moving from $3.0M to $5.3M. Total assets increased by 72.6% over the same period, from $24.5M to $42.4M. Total functional expenses rose by 77.1%, from $3.0M to $5.3M. In its most recent filing year (2023), Hollywood Memorial Park Company reported a surplus of $10K, with revenue exceeding expenses. The organization holds $35.7M in liabilities against $42.4M in assets (debt-to-asset ratio: 84.2%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.3M | $42.4M | $35.7M | — | — |
| 2022 | $5.0M | $5.0M | $41.0M | $34.3M | — | — |
| 2021 | $5.8M | $5.8M | $33.4M | $26.8M | — | View 990 |
| 2020 | $4.5M | $4.5M | $22.7M | $9.7M | — | View 990 |
| 2019 | $4.0M | $4.0M | $23.0M | $10.2M | — | View 990 |
| 2018 | $3.2M | $3.3M | $24.3M | $11.4M | — | View 990 |
| 2017 | $3.1M | $3.2M | $26.0M | $12.7M | — | — |
| 2016 | $2.9M | $2.9M | $25.7M | $12.6M | — | View 990 |
| 2015 | $2.8M | $2.9M | $25.3M | $12.8M | — | View 990 |
| 2014 | $2.8M | $2.8M | $26.0M | $13.0M | — | View 990 |
| 2013 | $3.1M | $3.0M | $25.8M | $13.1M | — | View 990 |
| 2012 | $3.5M | $3.4M | $25.8M | $13.2M | — | View 990 |
| 2011 | $3.0M | $3.0M | $25.6M | $13.2M | — | View 990 |
| 2010 | $3.0M | $3.0M | $24.5M | $12.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.3M, and assets of $42.4M (revenue +7.4% year-over-year).
- 2022: Revenue of $5.0M, expenses of $5.0M, and assets of $41.0M (revenue -15.1% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.8M, and assets of $33.4M (revenue +30.9% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.5M, and assets of $22.7M (revenue +11.5% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.0M, and assets of $23.0M (revenue +23.7% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.3M, and assets of $24.3M (revenue +3.2% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.2M, and assets of $26.0M (revenue +7.6% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $25.7M (revenue +2.7% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.9M, and assets of $25.3M (revenue +1.1% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $26.0M (revenue -10.4% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.0M, and assets of $25.8M (revenue -9.8% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $25.8M (revenue +14.1% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.0M, and assets of $25.6M (revenue +1.1% year-over-year).
- 2010: Revenue of $3.0M, expenses of $3.0M, and assets of $24.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hollywood Memorial Park Company:
Data Sources and Methodology
This transparency report for Hollywood Memorial Park Company 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.