Ledgelawn Cemetery Incorporated
Ledgelawn Cemetery Incorporated consistently grows assets with low expenses and no officer compensation.
EIN: 10206454 · Bar Harbor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $47K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Ledgelawn Cemetery Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ledgelawn Cemetery Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ledgelawn Cemetery Incorporated
Ledgelawn Cemetery Incorporated (EIN: 10206454) is a nonprofit organization based in Bar Harbor, ME. The organization reported total revenue of $202K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ledgelawn Cemetery Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ledgelawn Cemetery Incorporated is a small nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $47K |
| Surplus / Deficit | +$47K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 49.6% |
| Months of Reserves | 439.7 months |
Financial Health Grade: A
In 2023, Ledgelawn Cemetery Incorporated reported a surplus of $47K with revenue exceeding expenses, holds 439.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ledgelawn Cemetery Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | +31.9% | +12.1% |
| 2022 | -8.2% | -1.8% | -15.2% |
| 2021 | +322.9% | +10.8% | +16.3% |
| 2020 | -92.9% | -7.5% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Ledgelawn Cemetery Incorporated with a Mission Score of 90 out of 100 (Excellent). 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, Ledgelawn Cemetery Incorporated 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 surplus of $47K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which significantly reduces administrative overhead for an organization with assets over $1.7 million.
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.
Strengths
The following positive indicators were identified for Ledgelawn Cemetery Incorporated:
- Consistent asset growth (from $905,838 in 2014 to $1,734,557 in 2023)
- Consistently low expenses relative to revenue (e.g., $47,336 expenses vs. $93,872 revenue in 2023)
- Zero liabilities reported across all filings, indicating strong financial solvency
- 0% officer compensation, suggesting efficient use of funds and volunteer leadership
- Positive net income in most years, contributing to asset accumulation
Frequently Asked Questions about Ledgelawn Cemetery Incorporated
Is Ledgelawn Cemetery Incorporated a legitimate charity?
Ledgelawn Cemetery Incorporated (EIN: 10206454) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $202K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ledgelawn Cemetery Incorporated spend its money?
Ledgelawn Cemetery Incorporated directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ledgelawn Cemetery Incorporated tax-deductible?
Ledgelawn Cemetery Incorporated is registered as a tax-exempt nonprofit (EIN: 10206454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ledgelawn Cemetery Incorporated CEO make?
Ledgelawn Cemetery Incorporated's highest-compensated officer earns $1.7 annually. The organization reported $202K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Ledgelawn Cemetery Incorporated located?
Ledgelawn Cemetery Incorporated is headquartered in Bar Harbor, Maine and files with the IRS under EIN 10206454.
How many years of IRS 990 filings does Ledgelawn Cemetery Incorporated have?
Ledgelawn Cemetery Incorporated 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 $202K in total revenue.
Is Ledgelawn Cemetery Incorporated a good charity?
Based on the provided financial data, Ledgelawn Cemetery Incorporated appears to be a very well-managed organization. It consistently grows its assets, maintains low expenses, and reports no liabilities or officer compensation, all of which are strong indicators of financial health and efficient use of resources.
How has Ledgelawn Cemetery Incorporated's financial health changed over the last decade?
Ledgelawn Cemetery Incorporated has shown consistent financial growth and stability over the last decade. Assets have nearly doubled from $905,838 in 2014 to $1,734,557 in 2023, while expenses have remained relatively stable and low, demonstrating strong financial management and asset accumulation.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which minimizes administrative costs and maximizes resources available for the organization's mission.
Filing History
IRS 990 filing history for Ledgelawn Cemetery Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ledgelawn Cemetery Incorporated's revenue has grown by 331.7%, moving from $22K to $94K. Total assets increased by 177.1% over the same period, from $626K to $1.7M. Total functional expenses rose by 66.4%, from $28K to $47K. In its most recent filing year (2023), Ledgelawn Cemetery Incorporated reported a surplus of $47K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $47K | $1.7M | $0 | — | — |
| 2022 | $89K | $36K | $1.5M | $0 | — | View 990 |
| 2021 | $96K | $37K | $1.8M | $0 | — | View 990 |
| 2020 | $23K | $33K | $1.6M | $0 | — | — |
| 2019 | $321K | $36K | $1.3M | $0 | — | View 990 |
| 2018 | $-63,895 | $34K | $1.1M | $0 | — | View 990 |
| 2017 | $76K | $32K | $1.2M | $0 | — | View 990 |
| 2016 | $55K | $34K | $1.0M | $0 | — | View 990 |
| 2015 | $53K | $33K | $897K | $0 | — | View 990 |
| 2014 | $58K | $31K | $906K | $0 | — | View 990 |
| 2013 | $39K | $31K | $848K | $0 | — | View 990 |
| 2012 | $46K | $39K | $717K | $0 | — | View 990 |
| 2011 | $22K | $28K | $626K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $47K, and assets of $1.7M (revenue +6.0% year-over-year).
- 2022: Revenue of $89K, expenses of $36K, and assets of $1.5M (revenue -8.2% year-over-year).
- 2021: Revenue of $96K, expenses of $37K, and assets of $1.8M (revenue +322.9% year-over-year).
- 2020: Revenue of $23K, expenses of $33K, and assets of $1.6M (revenue -92.9% year-over-year).
- 2019: Revenue of $321K, expenses of $36K, and assets of $1.3M.
- 2018: Revenue of $-63,895, expenses of $34K, and assets of $1.1M (revenue -184.5% year-over-year).
- 2017: Revenue of $76K, expenses of $32K, and assets of $1.2M (revenue +37.0% year-over-year).
- 2016: Revenue of $55K, expenses of $34K, and assets of $1.0M (revenue +3.6% year-over-year).
- 2015: Revenue of $53K, expenses of $33K, and assets of $897K (revenue -9.0% year-over-year).
- 2014: Revenue of $58K, expenses of $31K, and assets of $906K (revenue +50.8% year-over-year).
- 2013: Revenue of $39K, expenses of $31K, and assets of $848K (revenue -15.0% year-over-year).
- 2012: Revenue of $46K, expenses of $39K, and assets of $717K (revenue +109.9% year-over-year).
- 2011: Revenue of $22K, expenses of $28K, and assets of $626K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ledgelawn Cemetery Incorporated:
Data Sources and Methodology
This transparency report for Ledgelawn Cemetery Incorporated 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.