Oakwood Morninside Cemetery Of Syracuse Inc
Oakwood Morninside Cemetery maintains stable finances with growing assets and no reported officer compensation.
EIN: 161160171 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $8.8M |
| Transparency Score | 85/100 |
Is Oakwood Morninside Cemetery Of Syracuse Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oakwood Morninside Cemetery Of Syracuse Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oakwood Morninside Cemetery Of Syracuse Inc
Oakwood Morninside Cemetery Of Syracuse Inc (EIN: 161160171) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $3.4M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakwood Morninside Cemetery Of Syracuse Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oakwood Morninside Cemetery Of Syracuse Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-14,036 |
| Total Assets | $8.9M |
| Total Liabilities | $111K |
| Net Assets | $8.8M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 51.2 months |
Financial Health Grade: B
In 2023, Oakwood Morninside Cemetery Of Syracuse Inc reported a deficit of $14K with expenses exceeding revenue, holds 51.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oakwood Morninside Cemetery Of Syracuse Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +-0.0% | +10.6% | +7.0% |
| 2022 | -8.4% | +9.2% | -8.8% |
| 2021 | +6.5% | +8.4% | +12.6% |
| 2020 | +8.5% | +1.6% | +11.9% |
| 2019 | +10.0% | +3.2% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
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 Oakwood Morninside Cemetery Of Syracuse 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Oakwood Morninside Cemetery Of Syracuse 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization of its size with assets nearing $9 million.
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 Oakwood Morninside Cemetery Of Syracuse Inc's IRS 990 filings:
- Lack of detailed spending breakdown in summary data prevents full efficiency analysis
- Unusual consistent 0% officer compensation for an organization of this asset size, warranting further investigation into compensation structures
Strengths
The following positive indicators were identified for Oakwood Morninside Cemetery Of Syracuse Inc:
- Consistent asset growth over the past decade, from $5.2M to $8.9M
- Strong financial stability with revenues generally exceeding expenses
- Low and manageable liabilities relative to assets
- No reported officer compensation, suggesting high efficiency in executive overhead
Frequently Asked Questions about Oakwood Morninside Cemetery Of Syracuse Inc
Is Oakwood Morninside Cemetery Of Syracuse Inc a legitimate charity?
Oakwood Morninside Cemetery Of Syracuse Inc (EIN: 161160171) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Oakwood Morninside Cemetery Of Syracuse Inc spend its money?
Oakwood Morninside Cemetery Of Syracuse Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Oakwood Morninside Cemetery Of Syracuse Inc tax-deductible?
Oakwood Morninside Cemetery Of Syracuse Inc is registered as a tax-exempt nonprofit (EIN: 161160171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oakwood Morninside Cemetery Of Syracuse Inc CEO make?
Oakwood Morninside Cemetery Of Syracuse Inc's highest-compensated officer earns $9 annually. The organization reported $3.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oakwood Morninside Cemetery Of Syracuse Inc's spending goes to programs?
Oakwood Morninside Cemetery Of Syracuse Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Oakwood Morninside Cemetery Of Syracuse Inc located?
Oakwood Morninside Cemetery Of Syracuse Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161160171.
How many years of IRS 990 filings does Oakwood Morninside Cemetery Of Syracuse Inc have?
Oakwood Morninside Cemetery Of Syracuse Inc has 13 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 $3.4M in total revenue.
Is Oakwood Morninside Cemetery Of Syracuse Inc a good charity?
Based on the available financial data, the organization appears to be financially stable with growing assets and a consistent track record of managing expenses. The absence of reported officer compensation is a notable positive for efficiency. 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?
Oakwood Morninside Cemetery Of Syracuse Inc has shown consistent asset growth, increasing from $5,235,821 in 2014 to $8,891,865 in 2023, indicating strong financial management and accumulation of resources.
What is the trend in revenue versus expenses?
For most periods, revenue has exceeded expenses, contributing to asset growth. However, in the latest period (202312), expenses ($2,083,487) slightly surpassed revenue ($2,069,451), resulting in a minor deficit for that year.
Does the organization pay its executives?
According to the provided IRS 990 data, Oakwood Morninside Cemetery Of Syracuse Inc consistently reports 0% officer compensation across all 13 filings, suggesting no direct compensation to officers as reported on these forms.
Are there any significant financial liabilities?
The organization's liabilities have remained relatively low and stable, ranging from $54,383 in 2020 to $110,850 in 2023, which is a small fraction of its total assets, indicating good financial health.
Filing History
IRS 990 filing history for Oakwood Morninside Cemetery Of Syracuse Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oakwood Morninside Cemetery Of Syracuse Inc's revenue has grown by 60.8%, moving from $1.3M to $2.1M. Total assets increased by 121.6% over the same period, from $4.0M to $8.9M. Total functional expenses rose by 118.1%, from $955K to $2.1M. In its most recent filing year (2023), Oakwood Morninside Cemetery Of Syracuse Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $111K in liabilities against $8.9M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $8.9M | $111K | — | — |
| 2022 | $2.1M | $1.9M | $8.3M | $96K | — | View 990 |
| 2021 | $2.3M | $1.7M | $9.1M | $66K | — | — |
| 2020 | $2.1M | $1.6M | $8.1M | $54K | — | — |
| 2019 | $2.0M | $1.6M | $7.2M | $66K | — | View 990 |
| 2018 | $1.8M | $1.5M | $6.4M | $61K | — | View 990 |
| 2017 | $1.8M | $1.5M | $6.8M | $339K | — | View 990 |
| 2016 | $1.7M | $1.4M | $6.0M | $180K | — | View 990 |
| 2015 | $1.8M | $1.4M | $5.4M | $56K | — | View 990 |
| 2014 | $1.7M | $1.3M | $5.2M | $70K | — | View 990 |
| 2013 | $1.5M | $1.0M | $4.9M | $78K | — | View 990 |
| 2012 | $1.2M | $956K | $4.4M | $65K | — | View 990 |
| 2011 | $1.3M | $955K | $4.0M | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $8.9M (revenue +-0.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.9M, and assets of $8.3M (revenue -8.4% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.7M, and assets of $9.1M (revenue +6.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.6M, and assets of $8.1M (revenue +8.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.6M, and assets of $7.2M (revenue +10.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.5M, and assets of $6.4M (revenue -0.3% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.5M, and assets of $6.8M (revenue +6.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.4M, and assets of $6.0M (revenue -7.1% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.4M, and assets of $5.4M (revenue +8.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.3M, and assets of $5.2M (revenue +13.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.0M, and assets of $4.9M (revenue +20.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $956K, and assets of $4.4M (revenue -5.2% year-over-year).
- 2011: Revenue of $1.3M, expenses of $955K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oakwood Morninside Cemetery Of Syracuse Inc:
Data Sources and Methodology
This transparency report for Oakwood Morninside Cemetery Of Syracuse 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.