Riverside Cemetery Corporation
Riverside Cemetery Corporation maintains zero liabilities and reports 0% officer compensation, with highly variable annual revenue.
EIN: 10205019 · Ft Fairfield, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $83K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $639,054 |
| Net Assets | $639K |
| Transparency Score | 85/100 |
Is Riverside Cemetery Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverside Cemetery Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverside Cemetery Corporation
Riverside Cemetery Corporation (EIN: 10205019) is a nonprofit organization based in Ft Fairfield, ME. The organization reported total revenue of $57K and total assets of $629K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside Cemetery Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside Cemetery Corporation is a micro nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $355K |
| Total Expenses | $83K |
| Surplus / Deficit | +$272K |
| Total Assets | $639K |
| Net Assets | $639K |
| Operating Margin | 76.7% |
| Months of Reserves | 92.7 months |
Financial Health Grade: A
In 2024, Riverside Cemetery Corporation reported a surplus of $272K with revenue exceeding expenses, holds 92.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Riverside Cemetery Corporation's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +428.5% | +50.9% | +74.2% |
| 2023 | +93.7% | +52.2% | +3.5% |
| 2022 | +13.8% | -36.5% | -0.4% |
| 2021 | -39.6% | -17.6% | -6.9% |
| 2020 | +493.9% | +27.1% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
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 Riverside Cemetery Corporation 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: 85%
- fundraising: 0%
According to IRS 990 filings, Riverside Cemetery Corporation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $272K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is likely run by volunteers or has no paid officers, which is highly efficient for an organization of its size with assets of $639,054 in the latest period.
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 Riverside Cemetery Corporation:
- Consistent reporting of $0 liabilities, indicating strong financial solvency.
- 0% officer compensation across all filings, demonstrating highly efficient use of funds for leadership.
- Significant asset base ($639,054 in 202403) relative to annual expenses, providing financial stability.
- Positive net income in the latest filing period (202403: Revenue $354,874 vs. Expenses $82,713).
Frequently Asked Questions about Riverside Cemetery Corporation
Is Riverside Cemetery Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside Cemetery Corporation (EIN: 10205019) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Riverside Cemetery Corporation spend its money?
Riverside Cemetery Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riverside Cemetery Corporation tax-deductible?
Riverside Cemetery Corporation is registered as a tax-exempt nonprofit (EIN: 10205019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Riverside Cemetery Corporation CEO make?
Riverside Cemetery Corporation's highest-compensated officer earns $639,054 annually. The organization reported $57K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Riverside Cemetery Corporation located?
Riverside Cemetery Corporation is headquartered in Ft Fairfield, Maine and files with the IRS under EIN 10205019.
How many years of IRS 990 filings does Riverside Cemetery Corporation have?
Riverside Cemetery Corporation 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 $57K in total revenue.
What caused the significant revenue increase in the 202403 period?
The filing for period 202403 shows revenue of $354,874, a substantial increase from previous years' typical revenue range of $30,000-$70,000. The specific source of this increase is not detailed in the provided data.
How does Riverside Cemetery Corporation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that any compensation falls under other expense categories not classified as officer compensation, which is less likely given the consistent reporting.
What are the primary program services provided by Riverside Cemetery Corporation?
As a cemetery corporation, its primary program services would typically involve the maintenance and operation of the cemetery, including groundskeeping, burial services, and record keeping. The provided data does not offer a detailed breakdown of these specific activities.
What is the typical expense allocation for program services versus administrative costs?
While specific breakdowns are not provided, given the nature of a cemetery and 0% officer compensation, it's reasonable to infer that a significant portion of expenses (e.g., $82,713 in 202403) would be directed towards direct cemetery maintenance and operations, with a smaller portion for general administration.
Filing History
IRS 990 filing history for Riverside Cemetery Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Riverside Cemetery Corporation's revenue has grown by 568.4%, moving from $53K to $355K. Total assets increased by 31.5% over the same period, from $486K to $639K. Total functional expenses rose by 35.6%, from $61K to $83K. In its most recent filing year (2024), Riverside Cemetery Corporation reported a surplus of $272K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $355K | $83K | $639K | $0 | — | — |
| 2023 | $67K | $55K | $367K | $0 | — | View 990 |
| 2022 | $35K | $36K | $355K | $0 | — | View 990 |
| 2021 | $30K | $57K | $356K | $0 | — | View 990 |
| 2020 | $50K | $69K | $382K | $0 | — | View 990 |
| 2019 | $8K | $54K | $416K | $0 | — | View 990 |
| 2018 | $78K | $61K | $462K | $0 | — | View 990 |
| 2017 | $21K | $56K | $445K | $0 | — | View 990 |
| 2016 | $69K | $57K | $480K | $0 | — | View 990 |
| 2015 | $58K | $60K | $467K | $0 | — | View 990 |
| 2014 | $39K | $63K | $469K | $0 | — | View 990 |
| 2013 | $74K | $66K | $493K | $0 | — | View 990 |
| 2012 | $53K | $61K | $486K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $355K, expenses of $83K, and assets of $639K (revenue +428.5% year-over-year).
- 2023: Revenue of $67K, expenses of $55K, and assets of $367K (revenue +93.7% year-over-year).
- 2022: Revenue of $35K, expenses of $36K, and assets of $355K (revenue +13.8% year-over-year).
- 2021: Revenue of $30K, expenses of $57K, and assets of $356K (revenue -39.6% year-over-year).
- 2020: Revenue of $50K, expenses of $69K, and assets of $382K (revenue +493.9% year-over-year).
- 2019: Revenue of $8K, expenses of $54K, and assets of $416K (revenue -89.1% year-over-year).
- 2018: Revenue of $78K, expenses of $61K, and assets of $462K (revenue +266.1% year-over-year).
- 2017: Revenue of $21K, expenses of $56K, and assets of $445K (revenue -69.3% year-over-year).
- 2016: Revenue of $69K, expenses of $57K, and assets of $480K (revenue +20.3% year-over-year).
- 2015: Revenue of $58K, expenses of $60K, and assets of $467K (revenue +47.9% year-over-year).
- 2014: Revenue of $39K, expenses of $63K, and assets of $469K (revenue -46.9% year-over-year).
- 2013: Revenue of $74K, expenses of $66K, and assets of $493K (revenue +38.5% year-over-year).
- 2012: Revenue of $53K, expenses of $61K, and assets of $486K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside Cemetery Corporation:
Data Sources and Methodology
This transparency report for Riverside Cemetery Corporation 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.