Mount Golda Cemetery Assn Inc
Mount Golda Cemetery Assn Inc consistently generates surpluses and grows assets, with no reported officer compensation.
EIN: 111528457 · Huntingtn Sta, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| Net Assets | $8.4M |
| Transparency Score | 85/100 |
Is Mount Golda Cemetery Assn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Golda Cemetery Assn Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Golda Cemetery Assn Inc
Mount Golda Cemetery Assn Inc (EIN: 111528457) is a nonprofit organization based in Huntingtn Sta, NY. The organization reported total revenue of $5.1M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Golda Cemetery Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Golda Cemetery Assn Inc is a mid-size nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$677K |
| Total Assets | $8.5M |
| Total Liabilities | $38K |
| Net Assets | $8.4M |
| Operating Margin | 34.9% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 80.5 months |
Financial Health Grade: A
In 2022, Mount Golda Cemetery Assn Inc reported a surplus of $677K with revenue exceeding expenses, holds 80.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Mount Golda Cemetery Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2.9% | +17.9% | +8.8% |
| 2021 | +54.5% | +0.6% | +13.0% |
| 2020 | +3.4% | +18.2% | +3.5% |
| 2019 | +5.4% | +8.2% | +5.4% |
| 2018 | -13.0% | -16.1% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Golda Cemetery Assn Inc 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: 80%
- fundraising: 5%
According to IRS 990 filings, Mount Golda Cemetery Assn Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $677K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Mount Golda Cemetery Assn Inc reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This suggests a volunteer-led or very lean executive structure, which is highly favorable for minimizing 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.
Red Flags
The following concerns were identified during AI analysis of Mount Golda Cemetery Assn Inc's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of its specific charitable purpose and peer comparison.
- Lack of detailed expense breakdown (program, admin, fundraising) prevents a precise efficiency analysis.
Strengths
The following positive indicators were identified for Mount Golda Cemetery Assn Inc:
- Consistent financial surpluses, with revenue consistently exceeding expenses (e.g., $1,937,433 revenue vs. $1,260,655 expenses in 2022).
- Strong and steady growth in assets over the past decade, from $4,881,645 in 2013 to $8,457,166 in 2022.
- Very low liabilities relative to assets, indicating strong financial stability (e.g., $38,170 liabilities vs. $8,457,166 assets in 2022).
- 0% reported officer compensation across all filings, suggesting efficient use of funds and potentially volunteer leadership.
Frequently Asked Questions about Mount Golda Cemetery Assn Inc
Is Mount Golda Cemetery Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Golda Cemetery Assn Inc (EIN: 111528457) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Mount Golda Cemetery Assn Inc spend its money?
Mount Golda Cemetery Assn Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Golda Cemetery Assn Inc tax-deductible?
Mount Golda Cemetery Assn Inc is registered as a tax-exempt nonprofit (EIN: 111528457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mount Golda Cemetery Assn Inc's spending goes to programs?
Mount Golda Cemetery Assn Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mount Golda Cemetery Assn Inc located?
Mount Golda Cemetery Assn Inc is headquartered in Huntingtn Sta, New York and files with the IRS under EIN 111528457.
How many years of IRS 990 filings does Mount Golda Cemetery Assn Inc have?
Mount Golda Cemetery Assn Inc has 12 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 $5.1M in total revenue.
What are the specific program services Mount Golda Cemetery Assn Inc provides?
The provided data does not detail the specific program services. As a cemetery association, its primary program would likely involve the maintenance and operation of the cemetery.
How does Mount Golda Cemetery Assn Inc manage to have 0% officer compensation?
The 0% officer compensation suggests that the organization's leadership (officers, directors, trustees) may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization has a unique operational structure.
What is the primary source of Mount Golda Cemetery Assn Inc's revenue?
The data indicates consistent revenue generation, but the specific sources (e.g., plot sales, maintenance fees, endowments) are not detailed in the provided summary.
Filing History
IRS 990 filing history for Mount Golda Cemetery Assn Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Mount Golda Cemetery Assn Inc's revenue has grown by 67.1%, moving from $1.2M to $1.9M. Total assets increased by 87.6% over the same period, from $4.5M to $8.5M. Total functional expenses rose by 46.4%, from $861K to $1.3M. In its most recent filing year (2022), Mount Golda Cemetery Assn Inc reported a surplus of $677K, with revenue exceeding expenses. The organization holds $38K in liabilities against $8.5M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.9M | $1.3M | $8.5M | $38K | — | View 990 |
| 2021 | $2.0M | $1.1M | $7.8M | $27K | — | View 990 |
| 2020 | $1.3M | $1.1M | $6.9M | $59K | — | — |
| 2019 | $1.3M | $899K | $6.6M | $56K | — | View 990 |
| 2018 | $1.2M | $831K | $6.3M | $62K | — | View 990 |
| 2017 | $1.4M | $991K | $6.0M | $86K | — | View 990 |
| 2016 | $1.3M | $973K | $5.6M | $118K | — | View 990 |
| 2015 | $944K | $846K | $5.3M | $45K | — | View 990 |
| 2014 | $1.2M | $894K | $5.2M | $67K | — | View 990 |
| 2013 | $1.1M | $901K | $4.9M | $61K | — | View 990 |
| 2012 | $996K | $875K | $4.6M | $17K | — | View 990 |
| 2011 | $1.2M | $861K | $4.5M | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.9M, expenses of $1.3M, and assets of $8.5M (revenue -2.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.1M, and assets of $7.8M (revenue +54.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $6.9M (revenue +3.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $899K, and assets of $6.6M (revenue +5.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $831K, and assets of $6.3M (revenue -13.0% year-over-year).
- 2017: Revenue of $1.4M, expenses of $991K, and assets of $6.0M (revenue +8.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $973K, and assets of $5.6M (revenue +33.6% year-over-year).
- 2015: Revenue of $944K, expenses of $846K, and assets of $5.3M (revenue -21.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $894K, and assets of $5.2M (revenue +8.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $901K, and assets of $4.9M (revenue +11.4% year-over-year).
- 2012: Revenue of $996K, expenses of $875K, and assets of $4.6M (revenue -14.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $861K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Golda Cemetery Assn Inc:
Data Sources and Methodology
This transparency report for Mount Golda Cemetery Assn 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.