Morgan Cemetery Inc
Morgan Cemetery Inc: Stable Operations, Limited Transparency
EIN: 222854827 · Camden, NJ · NTEE: Y50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $530K |
| Total Expenses | $535K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $1.5M |
| Transparency Score | 65/100 |
Is Morgan Cemetery Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morgan Cemetery Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Morgan Cemetery Inc
Morgan Cemetery Inc (EIN: 222854827) is a nonprofit organization based in Camden, NJ, classified under NTEE code Y50. The organization reported total revenue of $530K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morgan Cemetery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morgan Cemetery Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $599K |
| Total Expenses | $535K |
| Surplus / Deficit | +$63K |
| Total Assets | $4.5M |
| Total Liabilities | $3.0M |
| Net Assets | $1.5M |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 65.8% |
| Months of Reserves | 101.3 months |
Financial Health Grade: A
In 2023, Morgan Cemetery Inc reported a surplus of $63K with revenue exceeding expenses, holds 101.3 months of operating reserves (strong position), has a debt-to-asset ratio of 65.8% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Morgan Cemetery Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.5% | -16.4% | +4.6% |
| 2022 | +41.4% | +51.1% | -0.7% |
| 2021 | +54.8% | +12.3% | +7.2% |
| 2020 | +58.3% | +16.5% | +2.2% |
| 2019 | -0.2% | +90.3% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 Morgan Cemetery Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Morgan Cemetery Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.8%.
Executive Compensation Analysis
Executive compensation is not reported in the available Form 990 filings, indicating that no individual received more than $100,000 in reportable compensation.
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 Morgan Cemetery Inc's IRS 990 filings:
- Lack of detailed program reporting makes it difficult to assess direct community impact.
- Revenue has fluctuated significantly, with a notable drop from $913,422 in 2022 to $598,711 in 2023.
Strengths
The following positive indicators were identified for Morgan Cemetery Inc:
- Consistent asset base, with total assets around $4 million over the past several years.
- Maintains a positive net asset position, indicating financial stability.
- Long-standing presence in Camden, NJ, suggesting established community roots.
Frequently Asked Questions about Morgan Cemetery Inc
Is Morgan Cemetery Inc a legitimate charity?
Morgan Cemetery Inc (EIN: 222854827) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $530K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Morgan Cemetery Inc spend its money?
Morgan Cemetery Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Morgan Cemetery Inc tax-deductible?
Morgan Cemetery Inc is registered as a tax-exempt nonprofit (EIN: 222854827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Morgan Cemetery Inc CEO make?
Morgan Cemetery Inc's highest-compensated officer earns $100,000 annually. The organization reported $530K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Morgan Cemetery Inc's spending goes to programs?
Morgan Cemetery Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Morgan Cemetery Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Morgan Cemetery Inc is above average for NTEE category Y50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morgan Cemetery Inc located?
Morgan Cemetery Inc is headquartered in Camden, New Jersey and files with the IRS under EIN 222854827. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Morgan Cemetery Inc have?
Morgan Cemetery Inc has 9 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 $530K in total revenue.
What does Morgan Cemetery Inc do?
Morgan Cemetery Inc is a nonprofit organization in the Mutual & Membership Benefit sector, located in Camden, New Jersey. It is classified under NTEE code Y50.
How much revenue does Morgan Cemetery Inc have?
Morgan Cemetery Inc reported total revenue of $530,163. Based on 9 IRS 990 filings on record.
What are Morgan Cemetery Inc's total assets?
Morgan Cemetery Inc holds total assets of $2,910,537 as reported in IRS 990 filings.
Where is Morgan Cemetery Inc located?
Morgan Cemetery Inc is based in Camden, New Jersey.
What is Morgan Cemetery Inc's EIN?
Morgan Cemetery Inc's Employer Identification Number (EIN) is 222854827. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Morgan Cemetery Inc?
Morgan Cemetery Inc is classified under NTEE code Y50 (Mutual & Membership Benefit).
Is Morgan Cemetery Inc a registered 501(c)(3)?
Yes, Morgan Cemetery Inc is recognized as a tax-exempt organization by the IRS. EIN: 222854827.
Does Morgan Cemetery Inc file IRS Form 990?
Yes, Morgan Cemetery Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Morgan Cemetery Inc's revenue in 2023?
In the 202312 filing period, Morgan Cemetery Inc reported total revenue of $598,711, total expenses of $535,223, and net assets of $4,516,652.
Is Morgan Cemetery Inc's revenue growing or declining?
Morgan Cemetery Inc's revenue is declining. Revenue went from $913,422 (202212) to $598,711 (202312), a -34.5% change. Based on 9 filings on record.
What is Morgan Cemetery Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Morgan Cemetery Inc covers tax period 202312. It shows revenue of $598,711, expenses of $535,223, total assets of $4,516,652, and liabilities of $2,971,176.
How much does Morgan Cemetery Inc spend on programs vs administration?
Based on IRS 990 analysis, Morgan Cemetery Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Morgan Cemetery Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Morgan Cemetery Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Morgan Cemetery Inc?
The following concerns were identified: Lack of detailed program reporting makes it difficult to assess direct community impact.. Revenue has fluctuated significantly, with a notable drop from $913,422 in 2022 to $598,711 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Morgan Cemetery Inc's strengths?
Positive indicators for Morgan Cemetery Inc include: Consistent asset base, with total assets around $4 million over the past several years.. Maintains a positive net asset position, indicating financial stability.. Long-standing presence in Camden, NJ, suggesting established community roots.. These findings are derived from AI analysis of the organization's financial filings.
How does Morgan Cemetery Inc compensate executives?
Executive compensation is not reported in the available Form 990 filings, indicating that no individual received more than $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the nature of a cemetery operation, what specific metrics or qualitative data would best demonstrate its 'programmatic impact' beyond basic maintenance?
For a cemetery, programmatic impact could be demonstrated through metrics like the number of interments, upkeep of historical plots, community events (e.g., memorial services, historical tours), or preservation efforts for significant monuments. Qualitative data could include testimonials from families or historical preservation reports.
How does Morgan Cemetery Inc. plan to address the significant revenue fluctuation observed between 2022 and 2023, and what strategies are in place to stabilize future income?
Without direct access to their strategic plans, it's difficult to say. Potential strategies could include diversifying service offerings (e.g., cremation services, columbarium niches), adjusting pricing, or increasing outreach for pre-need arrangements. Understanding the cause of the 2023 revenue drop (e.g., fewer burials, economic factors) would be crucial.
Filing History
IRS 990 filing history for Morgan Cemetery Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Morgan Cemetery Inc's revenue has grown by 78.3%, moving from $336K to $599K. Total assets increased by 17.1% over the same period, from $3.9M to $4.5M. Total functional expenses rose by 30.1%, from $412K to $535K. In its most recent filing year (2023), Morgan Cemetery Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $4.5M in assets (debt-to-asset ratio: 65.8%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $599K | $535K | $4.5M | $3.0M | — | — |
| 2022 | $913K | $640K | $4.3M | $3.0M | — | View 990 |
| 2021 | $646K | $424K | $4.3M | $3.4M | — | View 990 |
| 2020 | $417K | $377K | $4.1M | $3.4M | — | View 990 |
| 2019 | $264K | $324K | $4.0M | $3.4M | — | — |
| 2018 | $264K | $170K | $4.0M | $3.4M | — | View 990 |
| 2017 | $154K | $111K | $3.9M | $3.4M | — | View 990 |
| 2016 | $150K | $186K | $3.8M | $3.4M | — | View 990 |
| 2015 | $336K | $412K | $3.9M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $599K, expenses of $535K, and assets of $4.5M (revenue -34.5% year-over-year).
- 2022: Revenue of $913K, expenses of $640K, and assets of $4.3M (revenue +41.4% year-over-year).
- 2021: Revenue of $646K, expenses of $424K, and assets of $4.3M (revenue +54.8% year-over-year).
- 2020: Revenue of $417K, expenses of $377K, and assets of $4.1M (revenue +58.3% year-over-year).
- 2019: Revenue of $264K, expenses of $324K, and assets of $4.0M (revenue -0.2% year-over-year).
- 2018: Revenue of $264K, expenses of $170K, and assets of $4.0M (revenue +71.5% year-over-year).
- 2017: Revenue of $154K, expenses of $111K, and assets of $3.9M (revenue +2.7% year-over-year).
- 2016: Revenue of $150K, expenses of $186K, and assets of $3.8M (revenue -55.4% year-over-year).
- 2015: Revenue of $336K, expenses of $412K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morgan Cemetery Inc:
Data Sources and Methodology
This transparency report for Morgan Cemetery Inc 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.