Lakewood Cemetery Assn
Lakewood Cemetery Assn maintains substantial assets despite frequent operational deficits.
EIN: 130941995 · Saddle Brook, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| Net Assets | $62.1M |
| Transparency Score | 75/100 |
Is Lakewood Cemetery Assn Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakewood Cemetery Assn directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakewood Cemetery Assn
Lakewood Cemetery Assn (EIN: 130941995) is a nonprofit organization based in Saddle Brook, NJ. The organization reported total revenue of $3.7M and total assets of $67.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakewood Cemetery Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakewood Cemetery Assn is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$3K |
| Total Assets | $62.8M |
| Total Liabilities | $716K |
| Net Assets | $62.1M |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 202.6 months |
Financial Health Grade: A
In 2023, Lakewood Cemetery Assn reported a surplus of $3K with revenue exceeding expenses, holds 202.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lakewood Cemetery Assn's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | -1.5% | +8.9% |
| 2022 | -0.8% | -1.3% | -9.9% |
| 2021 | +3.0% | +11.7% | +10.2% |
| 2020 | +1.8% | -0.7% | +5.0% |
| 2019 | -1.3% | -8.5% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Lakewood Cemetery Assn 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lakewood Cemetery Assn 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for full 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 Lakewood Cemetery Assn's IRS 990 filings:
- Frequent operational deficits (e.g., $502,411 in 2022, $523,378 in 2021) where expenses exceed revenue.
- Lack of clarity on executive compensation reporting, consistently showing 0% officer compensation.
Strengths
The following positive indicators were identified for Lakewood Cemetery Assn:
- Strong and growing asset base, increasing from $45.4 million in 2015 to $62.8 million in 2023.
- Consistent revenue generation, generally above $3 million annually in recent years.
- Stable liabilities relative to assets, indicating good financial control.
Frequently Asked Questions about Lakewood Cemetery Assn
Is Lakewood Cemetery Assn a legitimate charity?
Lakewood Cemetery Assn (EIN: 130941995) 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: $3.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Lakewood Cemetery Assn spend its money?
Lakewood Cemetery Assn directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lakewood Cemetery Assn tax-deductible?
Lakewood Cemetery Assn is registered as a tax-exempt nonprofit (EIN: 130941995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lakewood Cemetery Assn's spending goes to programs?
Lakewood Cemetery Assn directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lakewood Cemetery Assn located?
Lakewood Cemetery Assn is headquartered in Saddle Brook, New Jersey and files with the IRS under EIN 130941995.
How many years of IRS 990 filings does Lakewood Cemetery Assn have?
Lakewood Cemetery Assn 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 $3.7M in total revenue.
How does Lakewood Cemetery Assn cover its operational deficits, given that expenses frequently exceed revenue?
The organization likely covers operational deficits through its substantial asset base, which has grown significantly over the past decade, or through investment income not fully reflected in the 'revenue' line item.
What specific activities are included in the 'program services' for a cemetery association?
Program services for a cemetery association typically include grave site maintenance, burial services, upkeep of grounds and facilities, and potentially historical preservation or community education related to the cemetery.
Is the 0% officer compensation truly indicative of no paid executives, or is compensation reported differently?
Without further detail, it's difficult to definitively state. It could mean a volunteer board, or that compensation for key management personnel is reported under 'salaries and wages' for all employees rather than specifically as 'officer compensation'.
Filing History
IRS 990 filing history for Lakewood Cemetery Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakewood Cemetery Assn's revenue has grown by 33.3%, moving from $2.8M to $3.7M. Total assets increased by 58.3% over the same period, from $39.7M to $62.8M. Total functional expenses rose by 8.9%, from $3.4M to $3.7M. In its most recent filing year (2023), Lakewood Cemetery Assn reported a surplus of $3K, with revenue exceeding expenses. The organization holds $716K in liabilities against $62.8M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $62.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.7M | $62.8M | $716K | — | View 990 |
| 2022 | $3.3M | $3.8M | $57.7M | $660K | — | View 990 |
| 2021 | $3.3M | $3.8M | $64.0M | $792K | — | — |
| 2020 | $3.2M | $3.4M | $58.1M | $747K | — | — |
| 2019 | $3.2M | $3.5M | $55.3M | $674K | — | View 990 |
| 2018 | $3.2M | $3.8M | $48.8M | $813K | — | View 990 |
| 2017 | $2.8M | $3.8M | $51.7M | $748K | — | View 990 |
| 2016 | $2.7M | $3.6M | $48.2M | $646K | — | View 990 |
| 2015 | $2.7M | $3.8M | $45.5M | $1.3M | — | View 990 |
| 2014 | $2.5M | $3.6M | $46.8M | $1.0M | — | View 990 |
| 2013 | $2.6M | $3.4M | $45.5M | $1.1M | — | View 990 |
| 2012 | $3.1M | $3.6M | $42.6M | $845K | — | View 990 |
| 2011 | $2.8M | $3.4M | $39.7M | $677K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.7M, and assets of $62.8M (revenue +13.6% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.8M, and assets of $57.7M (revenue -0.8% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.8M, and assets of $64.0M (revenue +3.0% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.4M, and assets of $58.1M (revenue +1.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.5M, and assets of $55.3M (revenue -1.3% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.8M, and assets of $48.8M (revenue +14.9% year-over-year).
- 2017: Revenue of $2.8M, expenses of $3.8M, and assets of $51.7M (revenue +1.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $3.6M, and assets of $48.2M (revenue +1.5% year-over-year).
- 2015: Revenue of $2.7M, expenses of $3.8M, and assets of $45.5M (revenue +8.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $3.6M, and assets of $46.8M (revenue -4.2% year-over-year).
- 2013: Revenue of $2.6M, expenses of $3.4M, and assets of $45.5M (revenue -15.2% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.6M, and assets of $42.6M (revenue +9.7% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.4M, and assets of $39.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakewood Cemetery Assn:
Data Sources and Methodology
This transparency report for Lakewood Cemetery Assn 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.