Monmouth Memorial Park Cemetary Assoc

Monmouth Memorial Park Cemetery Association consistently generates surpluses and grows assets with no reported officer compensation.

EIN: 210650607 · Neptune, NJ · Updated: 2026-03-28

$1.4MRevenue

$5.3MAssets

85/100Mission Score (Excellent)

About Monmouth Memorial Park Cemetary Assoc

Monmouth Memorial Park Cemetary Assoc (EIN: 210650607) is a nonprofit organization based in Neptune, NJ. The organization reported total revenue of $1.4M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monmouth Memorial Park Cemetary Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Monmouth Memorial Park Cemetery Association demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For example, in 2023, the organization reported revenues of $1,273,889 against expenses of $1,076,637, resulting in a surplus. This trend of positive net income has allowed the organization to steadily grow its assets, reaching $5,216,529 in 2023 from $3,716,722 in 2014. The organization's liabilities have remained relatively low and stable, indicating good financial management and a low risk profile. 

While specific program spending percentages are not detailed in the provided summary, the consistent surpluses suggest that the organization is effectively managing its operational costs. The absence of reported officer compensation is a notable aspect of its financial structure, contributing to lower administrative overhead. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Monmouth Memorial Park Cemetary Assoc with a Mission Score of 85 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: 15%
programs: 85%
fundraising: 0%

According to IRS 990 filings, Monmouth Memorial Park Cemetary Assoc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all provided filing periods, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which significantly reduces administrative overhead.

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 Monmouth Memorial Park Cemetary Assoc:

Consistent financial surpluses, indicating strong financial management (e.g., $1,273,889 revenue vs. $1,076,637 expenses in 2023).
Steady growth in assets over the past decade, from $3.7M in 2014 to $5.2M in 2023.
No reported officer compensation, suggesting efficient use of funds for its mission.
Low and stable liabilities, indicating a healthy balance sheet.
Consistent IRS 990 filings, demonstrating transparency and compliance.

Frequently Asked Questions about Monmouth Memorial Park Cemetary Assoc

Is Monmouth Memorial Park Cemetery Association a good charity?

Based on the provided financial data, the organization appears to be financially sound, consistently generating surpluses and growing its assets. The absence of officer compensation is a positive indicator of efficient resource allocation. However, without detailed program spending breakdowns, a full assessment of its charitable impact is limited.

How has the organization's asset base changed over time?

The organization's assets have shown consistent growth, increasing from $3,716,722 in 2014 to $5,216,529 in 2023, demonstrating strong financial health and accumulation of resources.

What is the trend in revenue and expenses?

Revenues have generally increased over the decade, from $875,181 in 2014 to $1,273,889 in 2023, with expenses also rising but typically remaining below revenue, leading to consistent surpluses. There was a dip in revenue in 2017-2019, but it has since recovered and grown.

Filing History

IRS 990 filing history for Monmouth Memorial Park Cemetary Assoc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Monmouth Memorial Park Cemetary Assoc's revenue has grown by 31.2%, moving from $971K to $1.3M. Total assets increased by 42.4% over the same period, from $3.7M to $5.2M. Total functional expenses rose by 36.2%, from $791K to $1.1M. In its most recent filing year (2023), Monmouth Memorial Park Cemetary Assoc reported a surplus of $197K, with revenue exceeding expenses. The organization holds $157K in liabilities against $5.2M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $5.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.3M	$1.1M	$5.2M	$157K	—	View 990
2022	$1.3M	$1.1M	$5.0M	$157K	—	View 990
2021	$1.4M	$964K	$4.8M	$155K	—	View 990
2020	$1.4M	$906K	$4.4M	$128K	—	—
2019	$909K	$960K	$3.9M	$127K	—	View 990
2018	$901K	$870K	$3.9M	$101K	—	View 990
2017	$829K	$845K	$3.9M	$106K	—	View 990
2016	$1.0M	$855K	$3.9M	$76K	—	View 990
2015	$905K	$815K	$3.8M	$123K	—	View 990
2014	$875K	$844K	$3.7M	$141K	—	View 990
2013	$817K	$862K	$3.7M	$175K	—	View 990
2012	$865K	$849K	$3.7M	$134K	—	View 990
2011	$862K	$831K	$3.7M	$171K	—	View 990
2010	$971K	$791K	$3.7M	$119K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.3M, expenses of $1.1M, and assets of $5.2M (revenue -2.0% year-over-year).
2022: Revenue of $1.3M, expenses of $1.1M, and assets of $5.0M (revenue -3.9% year-over-year).
2021: Revenue of $1.4M, expenses of $964K, and assets of $4.8M (revenue +0.0% year-over-year).
2020: Revenue of $1.4M, expenses of $906K, and assets of $4.4M (revenue +48.8% year-over-year).
2019: Revenue of $909K, expenses of $960K, and assets of $3.9M (revenue +0.9% year-over-year).
2018: Revenue of $901K, expenses of $870K, and assets of $3.9M (revenue +8.7% year-over-year).
2017: Revenue of $829K, expenses of $845K, and assets of $3.9M (revenue -17.2% year-over-year).
2016: Revenue of $1.0M, expenses of $855K, and assets of $3.9M (revenue +10.5% year-over-year).
2015: Revenue of $905K, expenses of $815K, and assets of $3.8M (revenue +3.4% year-over-year).
2014: Revenue of $875K, expenses of $844K, and assets of $3.7M (revenue +7.1% year-over-year).
2013: Revenue of $817K, expenses of $862K, and assets of $3.7M (revenue -5.5% year-over-year).
2012: Revenue of $865K, expenses of $849K, and assets of $3.7M (revenue +0.3% year-over-year).
2011: Revenue of $862K, expenses of $831K, and assets of $3.7M (revenue -11.2% year-over-year).
2010: Revenue of $971K, expenses of $791K, and assets of $3.7M.

Data Sources and Methodology

This transparency report for Monmouth Memorial Park Cemetary Assoc 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.