Mt Pleasant Cemetery Assoc

Mt Pleasant Cemetery Assoc consistently grows assets with zero officer compensation and strong revenue surpluses.

EIN: 10234428 · Eliot, ME · Updated: 2026-03-28

$112KRevenue

$4.0MAssets

95/100Mission Score (Excellent)

About Mt Pleasant Cemetery Assoc

Mt Pleasant Cemetery Assoc (EIN: 10234428) is a nonprofit organization based in Eliot, ME. The organization reported total revenue of $112K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Pleasant Cemetery Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mt Pleasant Cemetery Assoc demonstrates consistent financial stability and strong asset growth over the past decade. With assets growing from $712,090 in 2015 to $3,986,479 in 2024, the organization has significantly increased its financial reserves. Revenue has fluctuated but generally remained robust, consistently exceeding expenses, which indicates sound financial management and the ability to build reserves. For instance, in 2024, revenue was $154,672 against expenses of $77,141, resulting in a substantial surplus.

The organization's spending efficiency appears high, as expenses are consistently well below revenue, allowing for asset accumulation. The absence of reported officer compensation across all filings suggests that administrative costs related to executive salaries are non-existent, which is a significant positive for spending efficiency. However, without a detailed breakdown of program versus administrative expenses, it's challenging to fully assess the allocation of funds beyond the overall low expense ratio. The organization's consistent filing of IRS Form 990s indicates a commitment to transparency regarding its financial operations.

Overall, Mt Pleasant Cemetery Assoc appears to be a financially healthy and well-managed organization, effectively growing its assets and operating with a lean expense structure. The lack of officer compensation is a notable strength, contributing to its financial efficiency and suggesting a volunteer-driven leadership model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mt Pleasant Cemetery Assoc with a Mission Score of 95 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, Mt Pleasant Cemetery Assoc 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.

Executive Compensation Analysis

Executive compensation is reported as 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.

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 Mt Pleasant Cemetery Assoc:

Consistent and significant asset growth (from $712,090 in 2015 to $3,986,479 in 2024).
Expenses consistently well below revenue, indicating strong financial management and surpluses.
Zero officer compensation reported across all filings, suggesting high operational efficiency and volunteer leadership.
Low liabilities relative to assets, indicating a healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating transparency.

Frequently Asked Questions about Mt Pleasant Cemetery Assoc

Is Mt Pleasant Cemetery Assoc a good charity?

Based on the available financial data, Mt Pleasant Cemetery Assoc appears to be a very well-managed and financially sound organization. It consistently generates surpluses, has significantly grown its assets (from $712,090 in 2015 to $3,986,479 in 2024), and reports zero officer compensation, indicating high efficiency and a strong commitment to its mission without high executive overhead.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Assets have grown from $712,090 in 2015 to nearly $4 million in 2024. Revenue has consistently outpaced expenses, leading to substantial surpluses and asset accumulation, demonstrating robust and improving financial stability.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that compensation is not allocated to individuals in officer roles. This approach significantly minimizes administrative costs related to executive salaries.

How efficient is Mt Pleasant Cemetery Assoc with its spending?

Mt Pleasant Cemetery Assoc appears highly efficient. Expenses are consistently much lower than revenue (e.g., $77,141 expenses vs. $154,672 revenue in 2024), allowing for significant asset growth. The absence of officer compensation further underscores its lean operational model.

Filing History

IRS 990 filing history for Mt Pleasant Cemetery Assoc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Mt Pleasant Cemetery Assoc's revenue has grown by 125.2%, moving from $69K to $155K. Total assets increased by 499.7% over the same period, from $665K to $4.0M. Total functional expenses rose by 21.6%, from $63K to $77K. In its most recent filing year (2024), Mt Pleasant Cemetery Assoc reported a surplus of $78K, with revenue exceeding expenses. The organization holds $494 in liabilities against $4.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$155K	$77K	$4.0M	$494	—	View 990
2023	$138K	$75K	$3.5M	$289	—	—
2022	$193K	$75K	$3.7M	$340	—	View 990
2021	$121K	$78K	$3.2M	$229	—	—
2020	$148K	$77K	$2.3M	$6	—	View 990
2019	$130K	$71K	$2.4M	$49	—	View 990
2018	$122K	$67K	$2.4M	$33	—	View 990
2017	$92K	$72K	$1.9M	$315	—	View 990
2016	$178K	$66K	$1.8M	$301	—	View 990
2015	$108K	$65K	$712K	$159	—	View 990
2014	$72K	$59K	$669K	$148	—	View 990
2013	$54K	$62K	$656K	$180	—	View 990
2012	$69K	$63K	$665K	$683	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $155K, expenses of $77K, and assets of $4.0M (revenue +11.9% year-over-year).
2023: Revenue of $138K, expenses of $75K, and assets of $3.5M (revenue -28.3% year-over-year).
2022: Revenue of $193K, expenses of $75K, and assets of $3.7M (revenue +59.0% year-over-year).
2021: Revenue of $121K, expenses of $78K, and assets of $3.2M (revenue -18.1% year-over-year).
2020: Revenue of $148K, expenses of $77K, and assets of $2.3M (revenue +14.0% year-over-year).
2019: Revenue of $130K, expenses of $71K, and assets of $2.4M (revenue +6.7% year-over-year).
2018: Revenue of $122K, expenses of $67K, and assets of $2.4M (revenue +32.7% year-over-year).
2017: Revenue of $92K, expenses of $72K, and assets of $1.9M (revenue -48.5% year-over-year).
2016: Revenue of $178K, expenses of $66K, and assets of $1.8M (revenue +65.2% year-over-year).
2015: Revenue of $108K, expenses of $65K, and assets of $712K (revenue +48.9% year-over-year).
2014: Revenue of $72K, expenses of $59K, and assets of $669K (revenue +33.5% year-over-year).
2013: Revenue of $54K, expenses of $62K, and assets of $656K (revenue -21.0% year-over-year).
2012: Revenue of $69K, expenses of $63K, and assets of $665K.

Data Sources and Methodology

This transparency report for Mt Pleasant Cemetery 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.