Holmdel Cemetery Company
Holmdel Cemetery Company shows consistent asset growth and positive net income with no reported officer compensation.
EIN: 210629337 · Holmdel, NJ · Updated: 2026-03-28
Is Holmdel Cemetery Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holmdel Cemetery Company directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holmdel Cemetery Company
Holmdel Cemetery Company (EIN: 210629337) is a nonprofit organization based in Holmdel, NJ. The organization reported total revenue of $3.3M and total assets of $15.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holmdel Cemetery Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holmdel Cemetery Company 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Holmdel Cemetery Company allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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, suggesting either a fully volunteer leadership or that executive compensation is categorized differently, which warrants further investigation for complete transparency.
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 Holmdel Cemetery Company's IRS 990 filings:
- Lack of detailed expense breakdown for program, admin, and fundraising
- Unclear executive compensation structure given 0% reported officer compensation
Strengths
The following positive indicators were identified for Holmdel Cemetery Company:
- Consistent positive net income, as seen in 2023 with $1,397,744 revenue vs. $624,328 expenses
- Steady growth in assets over the past decade, from $10,798,331 in 2014 to $14,727,759 in 2023
- Manageable liabilities relative to assets, indicating financial stability
Frequently Asked Questions about Holmdel Cemetery Company
Is Holmdel Cemetery Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Holmdel Cemetery Company (EIN: 210629337) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Holmdel Cemetery Company spend its money?
Holmdel Cemetery Company directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Holmdel Cemetery Company tax-deductible?
Holmdel Cemetery Company is registered as a tax-exempt nonprofit (EIN: 210629337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses beyond total expenses. A more granular view of the 990 would be needed to accurately categorize spending into programs, administration, and fundraising.
How does Holmdel Cemetery Company manage its significant asset growth?
The organization's assets have grown from $10,798,331 in 2014 to $14,727,759 in 2023. This growth suggests effective financial management, potentially through investment income, property appreciation, or consistent operational surpluses.
Is the lack of reported officer compensation indicative of volunteer leadership?
The consistent reporting of 0% officer compensation across all filings strongly suggests that the organization's leadership may be entirely volunteer-based, or that compensation is paid to non-officer roles, which would require reviewing the full 990 for clarification.
Filing History
IRS 990 filing history for Holmdel Cemetery Company showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Holmdel Cemetery Company's revenue has grown by 79.3%, moving from $780K to $1.4M. Total assets increased by 23% over the same period, from $12.0M to $14.7M. Total functional expenses rose by 3.7%, from $602K to $624K. In its most recent filing year (2023), Holmdel Cemetery Company reported a surplus of $773K, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $14.7M in assets (debt-to-asset ratio: 29.2%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $624K | $14.7M | $4.3M | — | — |
| 2022 | $1.2M | $1.1M | $14.0M | $4.7M | — | View 990 |
| 2021 | $1.7M | $503K | $13.9M | $3.7M | — | View 990 |
| 2020 | $614K | $468K | $13.0M | $4.1M | — | View 990 |
| 2019 | $1.0M | $551K | $11.4M | $2.8M | — | — |
| 2018 | $806K | $520K | $10.6M | $3.0M | — | View 990 |
| 2017 | $808K | $501K | $10.7M | $2.9M | — | View 990 |
| 2016 | $770K | $580K | $10.1M | $2.9M | — | View 990 |
| 2015 | $788K | $547K | $10.3M | $3.3M | — | View 990 |
| 2014 | $845K | $524K | $10.8M | $3.9M | — | View 990 |
| 2013 | $960K | $554K | $11.2M | $4.5M | — | View 990 |
| 2012 | $868K | $550K | $11.4M | $5.1M | — | View 990 |
| 2011 | $834K | $607K | $11.5M | $5.6M | — | View 990 |
| 2010 | $780K | $602K | $12.0M | $6.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $624K, and assets of $14.7M (revenue +18.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $14.0M (revenue -29.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $503K, and assets of $13.9M (revenue +172.3% year-over-year).
- 2020: Revenue of $614K, expenses of $468K, and assets of $13.0M (revenue -38.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $551K, and assets of $11.4M (revenue +24.2% year-over-year).
- 2018: Revenue of $806K, expenses of $520K, and assets of $10.6M (revenue -0.2% year-over-year).
- 2017: Revenue of $808K, expenses of $501K, and assets of $10.7M (revenue +5.0% year-over-year).
- 2016: Revenue of $770K, expenses of $580K, and assets of $10.1M (revenue -2.3% year-over-year).
- 2015: Revenue of $788K, expenses of $547K, and assets of $10.3M (revenue -6.8% year-over-year).
- 2014: Revenue of $845K, expenses of $524K, and assets of $10.8M (revenue -12.0% year-over-year).
- 2013: Revenue of $960K, expenses of $554K, and assets of $11.2M (revenue +10.7% year-over-year).
- 2012: Revenue of $868K, expenses of $550K, and assets of $11.4M (revenue +4.1% year-over-year).
- 2011: Revenue of $834K, expenses of $607K, and assets of $11.5M (revenue +6.9% year-over-year).
- 2010: Revenue of $780K, expenses of $602K, and assets of $12.0M.
Data Sources and Methodology
This transparency report for Holmdel Cemetery 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.