Mount Ararat Cemetery Inc
Mount Ararat Cemetery Inc. shows consistent revenue surpluses and asset growth, but 2023 liabilities surged to $47.9 million.
EIN: 135260080 · Farmingdale, NY · Updated: 2026-03-28
Is Mount Ararat Cemetery Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Ararat Cemetery Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Ararat Cemetery Inc
Mount Ararat Cemetery Inc (EIN: 135260080) is a nonprofit organization based in Farmingdale, NY. The organization reported total revenue of $8.5M and total assets of $41.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Ararat Cemetery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Ararat Cemetery Inc is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$920K |
| Total Assets | $39.1M |
| Total Liabilities | $48K |
| Net Assets | $39.1M |
| Operating Margin | 28.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 207.6 months |
Financial Health Grade: A
In 2023, Mount Ararat Cemetery Inc reported a surplus of $920K with revenue exceeding expenses, holds 207.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | -2.5% | +2.3% |
| 2022 | -63.4% | +4.3% | +1.5% |
| 2021 | +131.1% | +0.7% | +16.7% |
| 2020 | +9.2% | -0.8% | +3.5% |
| 2019 | -9.1% | -0.3% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
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 Mount Ararat Cemetery Inc 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, Mount Ararat Cemetery Inc 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 $920K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with significant revenue and assets, suggesting either a fully volunteer executive team or that compensation is categorized differently.
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 Mount Ararat Cemetery Inc's IRS 990 filings:
- Dramatic increase in liabilities in 2023 to $47,963,000 without explanation.
- NTEE Code is unknown, hindering classification and comparative analysis.
- Consistent 0% officer compensation, which is unusual for an organization of this size and could indicate reporting complexities.
Strengths
The following positive indicators were identified for Mount Ararat Cemetery Inc:
- Consistent generation of revenue surpluses over expenses in most years.
- Steady growth in assets from $28.7 million in 2014 to $39.1 million in 2023.
- Regular and consistent IRS 990 filing history, indicating compliance.
Frequently Asked Questions about Mount Ararat Cemetery Inc
Is Mount Ararat Cemetery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Ararat Cemetery Inc (EIN: 135260080) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Mount Ararat Cemetery Inc spend its money?
Mount Ararat Cemetery Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Ararat Cemetery Inc tax-deductible?
Mount Ararat Cemetery Inc is registered as a tax-exempt nonprofit (EIN: 135260080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the dramatic increase in liabilities to $47,963,000 in 2023 from $99,068 in 2022?
The provided data does not specify the reason for this significant increase in liabilities. This would require reviewing the full IRS 990 filing for 2023, specifically Schedule D (Supplemental Financial Statements) or the Statement of Functional Expenses, to understand the nature of these obligations.
How does Mount Ararat Cemetery Inc. allocate its expenses between program services, administrative costs, and fundraising?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. A full IRS 990 filing, particularly Part IX (Statement of Functional Expenses), would be needed to determine these percentages accurately.
Is the 0% officer compensation reported across all years accurate, and if so, how are executive functions managed?
The filings consistently report 0% officer compensation. If accurate, this suggests a volunteer-led executive structure or that compensation for key management personnel is reported under other expense categories, which would require further investigation of the full 990 to clarify.
What is the NTEE code for Mount Ararat Cemetery Inc. and how does it align with its activities?
The NTEE code is listed as 'Unknown' in the provided data. Identifying the correct NTEE code would help classify the organization's primary activities and allow for better comparison with peer organizations.
Filing History
IRS 990 filing history for Mount Ararat Cemetery Inc showing financial trends over 13 years of public records:
Total assets increased by 67.7% over the same period, from $23.3M to $39.1M. Total functional expenses rose by 18.7%, from $1.9M to $2.3M. In its most recent filing year (2023), Mount Ararat Cemetery Inc reported a surplus of $920K, with revenue exceeding expenses. The organization holds $48K in liabilities against $39.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $39.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.3M | $39.1M | $48K | — | View 990 |
| 2022 | $2.8M | $2.3M | $38.3M | $99K | — | View 990 |
| 2021 | $7.6M | $2.2M | $37.7M | $19K | — | View 990 |
| 2020 | $3.3M | $2.2M | $32.3M | $51K | — | — |
| 2019 | $3.0M | $2.2M | $31.2M | $65K | — | View 990 |
| 2018 | $3.3M | $2.2M | $30.5M | $95K | — | View 990 |
| 2017 | $2.8M | $2.4M | $29.4M | $115K | — | View 990 |
| 2016 | $2.4M | $2.3M | $29.0M | $113K | — | View 990 |
| 2015 | $2.4M | $2.2M | $28.9M | $42K | — | View 990 |
| 2014 | $3.1M | $2.1M | $28.7M | $25K | — | View 990 |
| 2013 | $6.3M | $1.9M | $27.6M | $23K | — | View 990 |
| 2012 | $2.2M | $2.3M | $23.3M | $89K | — | View 990 |
| 2011 | $-2,315,280 | $1.9M | $23.3M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.3M, and assets of $39.1M (revenue +13.8% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.3M, and assets of $38.3M (revenue -63.4% year-over-year).
- 2021: Revenue of $7.6M, expenses of $2.2M, and assets of $37.7M (revenue +131.1% year-over-year).
- 2020: Revenue of $3.3M, expenses of $2.2M, and assets of $32.3M (revenue +9.2% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.2M, and assets of $31.2M (revenue -9.1% year-over-year).
- 2018: Revenue of $3.3M, expenses of $2.2M, and assets of $30.5M (revenue +19.3% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.4M, and assets of $29.4M (revenue +18.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $29.0M (revenue -3.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $28.9M (revenue -22.5% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.1M, and assets of $28.7M (revenue -49.8% year-over-year).
- 2013: Revenue of $6.3M, expenses of $1.9M, and assets of $27.6M (revenue +178.0% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.3M, and assets of $23.3M.
- 2011: Revenue of $-2,315,280, expenses of $1.9M, and assets of $23.3M.
Data Sources and Methodology
This transparency report for Mount Ararat 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.