Latty Cemetery Association
EIN: 421328132 · Burlington, IA · NTEE: Y50
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $2K |
| Net Assets | $25K |
Is Latty Cemetery Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latty Cemetery Association
Latty Cemetery Association (EIN: 421328132) is a nonprofit organization based in Burlington, IA, classified under NTEE code Y50. The organization reported total revenue of $4K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latty Cemetery Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latty Cemetery Association is a micro nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 19.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $2K |
| Surplus / Deficit | +$2K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 50.0% |
| Months of Reserves | 145.2 months |
Financial Health Grade: A
In 2018, Latty Cemetery Association reported a surplus of $2K with revenue exceeding expenses, holds 145.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2018), Latty Cemetery Association's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +199.9% | -0.8% | +3.9% |
| 2016 | -40.8% | +35.1% | -2.8% |
| 2015 | +81.0% | +26.0% | +3.3% |
| 2014 | +98.8% | +8.0% | +0.3% |
| 2013 | -51.7% | -5.5% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latty Cemetery Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Latty Cemetery Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Latty Cemetery Association
Is Latty Cemetery Association a legitimate charity?
Latty Cemetery Association (EIN: 421328132) is a registered tax-exempt nonprofit based in Iowa. It has 7 years of IRS 990 filings on record. Total revenue: $4K. No red flags identified. Financial health grade: A.
How does Latty Cemetery Association spend its money?
Latty Cemetery Association reported $4K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Latty Cemetery Association tax-deductible?
Latty Cemetery Association is registered as a tax-exempt nonprofit (EIN: 421328132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latty Cemetery Association located?
Latty Cemetery Association is headquartered in Burlington, Iowa and files with the IRS under EIN 421328132. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Latty Cemetery Association have?
Latty Cemetery Association has 7 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 $4K in total revenue.
Filing History
IRS 990 filing history for Latty Cemetery Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2018), Latty Cemetery Association's revenue has grown by 237.5%, moving from $1K to $4K. Total assets increased by 3% over the same period, from $24K to $25K. Total functional expenses rose by 2.8%, from $2K to $2K. In its most recent filing year (2018), Latty Cemetery Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $4K | $2K | $25K | $0 | — | View 990 |
| 2016 | $1K | $2K | $24K | $0 | — | View 990 |
| 2015 | $2K | $2K | $25K | $0 | — | View 990 |
| 2014 | $1K | $1K | $24K | $0 | — | View 990 |
| 2013 | $640 | $1K | $24K | $0 | — | View 990 |
| 2012 | $1K | $1K | $24K | $0 | — | View 990 |
| 2011 | $1K | $2K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $4K, expenses of $2K, and assets of $25K (revenue +199.9% year-over-year).
- 2016: Revenue of $1K, expenses of $2K, and assets of $24K (revenue -40.8% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $25K (revenue +81.0% year-over-year).
- 2014: Revenue of $1K, expenses of $1K, and assets of $24K (revenue +98.8% year-over-year).
- 2013: Revenue of $640, expenses of $1K, and assets of $24K (revenue -51.7% year-over-year).
- 2012: Revenue of $1K, expenses of $1K, and assets of $24K (revenue +9.5% year-over-year).
- 2011: Revenue of $1K, expenses of $2K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latty Cemetery Association:
Data Sources and Methodology
This transparency report for Latty Cemetery Association 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.