Trustees Of Lot Owners Of Riverside Cemetery
Trustees Of Lot Owners Of Riverside Cemetery maintains strong financial health with zero liabilities and no officer compensation.
EIN: 16072252 · Yarmouth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $384K |
| Total Expenses | $117K |
| Program Spending | 85% |
| Net Assets | $861K |
| Transparency Score | 90/100 |
Is Trustees Of Lot Owners Of Riverside Cemetery Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trustees Of Lot Owners Of Riverside Cemetery directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trustees Of Lot Owners Of Riverside Cemetery
Trustees Of Lot Owners Of Riverside Cemetery (EIN: 16072252) is a nonprofit organization based in Yarmouth, ME. The organization reported total revenue of $384K and total assets of $935K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustees Of Lot Owners Of Riverside Cemetery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trustees Of Lot Owners Of Riverside Cemetery is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $117K |
| Surplus / Deficit | +$48K |
| Total Assets | $861K |
| Net Assets | $861K |
| Operating Margin | 28.9% |
| Months of Reserves | 88.0 months |
Financial Health Grade: A
In 2023, Trustees Of Lot Owners Of Riverside Cemetery reported a surplus of $48K with revenue exceeding expenses, holds 88.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Trustees Of Lot Owners Of Riverside Cemetery's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.2% | +13.3% | +5.9% |
| 2022 | -23.8% | +17.8% | -0.3% |
| 2021 | +87.1% | -8.6% | +5.8% |
| 2020 | -49.3% | -52.4% | -3.2% |
| 2019 | +20.4% | +55.6% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Trustees Of Lot Owners Of Riverside Cemetery with a Mission Score of 90 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, Trustees Of Lot Owners Of Riverside Cemetery 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 $48K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for a nonprofit and suggests a volunteer-led or very lean operational structure.
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 Trustees Of Lot Owners Of Riverside Cemetery's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Trustees Of Lot Owners Of Riverside Cemetery:
- Consistent zero liabilities across all filings, indicating strong financial health.
- No officer compensation reported, suggesting a volunteer-driven or highly efficient operational model.
- Generally operates with a surplus, as seen in 2023 ($165,266 revenue vs. $117,444 expenses), contributing to asset growth.
- Healthy asset base ($935,468 latest) relative to annual revenue, providing financial stability.
Frequently Asked Questions about Trustees Of Lot Owners Of Riverside Cemetery
Is Trustees Of Lot Owners Of Riverside Cemetery a legitimate charity?
Trustees Of Lot Owners Of Riverside Cemetery (EIN: 16072252) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $384K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Trustees Of Lot Owners Of Riverside Cemetery spend its money?
Trustees Of Lot Owners Of Riverside Cemetery directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trustees Of Lot Owners Of Riverside Cemetery tax-deductible?
Trustees Of Lot Owners Of Riverside Cemetery is registered as a tax-exempt nonprofit (EIN: 16072252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trustees Of Lot Owners Of Riverside Cemetery's spending goes to programs?
Trustees Of Lot Owners Of Riverside Cemetery directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Trustees Of Lot Owners Of Riverside Cemetery located?
Trustees Of Lot Owners Of Riverside Cemetery is headquartered in Yarmouth, Maine and files with the IRS under EIN 16072252.
How many years of IRS 990 filings does Trustees Of Lot Owners Of Riverside Cemetery have?
Trustees Of Lot Owners Of Riverside Cemetery 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 $384K in total revenue.
Is Trustees Of Lot Owners Of Riverside Cemetery a good charity?
Based on the financial data, the organization appears to be very well-managed, with consistent surpluses, zero liabilities, and no executive compensation, suggesting a strong commitment to its mission and efficient use of resources.
How does the organization manage to have zero liabilities?
Maintaining zero liabilities across all reported periods (e.g., 2023, 2022, 2021) indicates extremely prudent financial management, likely operating on a cash basis and avoiding debt.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend, from $814,498 in 2014 to $861,046 in 2023, indicating growth and accumulation of resources over time.
Filing History
IRS 990 filing history for Trustees Of Lot Owners Of Riverside Cemetery showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trustees Of Lot Owners Of Riverside Cemetery's revenue has grown by 166.3%, moving from $62K to $165K. Total assets increased by 17.6% over the same period, from $732K to $861K. Total functional expenses rose by 234.4%, from $35K to $117K. In its most recent filing year (2023), Trustees Of Lot Owners Of Riverside Cemetery reported a surplus of $48K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $165K | $117K | $861K | $0 | — | — |
| 2022 | $101K | $104K | $813K | $0 | — | — |
| 2021 | $133K | $88K | $816K | $0 | — | View 990 |
| 2020 | $71K | $96K | $771K | $0 | — | View 990 |
| 2019 | $140K | $202K | $796K | $0 | — | View 990 |
| 2018 | $116K | $130K | $858K | $0 | — | View 990 |
| 2017 | $108K | $53K | $871K | $0 | — | View 990 |
| 2016 | $30K | $46K | $817K | $0 | — | View 990 |
| 2015 | $56K | $37K | $833K | $0 | — | View 990 |
| 2014 | $88K | $40K | $814K | $0 | — | View 990 |
| 2013 | $63K | $35K | $766K | $0 | — | View 990 |
| 2012 | $41K | $36K | $738K | $0 | — | View 990 |
| 2011 | $62K | $35K | $732K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $165K, expenses of $117K, and assets of $861K (revenue +63.2% year-over-year).
- 2022: Revenue of $101K, expenses of $104K, and assets of $813K (revenue -23.8% year-over-year).
- 2021: Revenue of $133K, expenses of $88K, and assets of $816K (revenue +87.1% year-over-year).
- 2020: Revenue of $71K, expenses of $96K, and assets of $771K (revenue -49.3% year-over-year).
- 2019: Revenue of $140K, expenses of $202K, and assets of $796K (revenue +20.4% year-over-year).
- 2018: Revenue of $116K, expenses of $130K, and assets of $858K (revenue +8.2% year-over-year).
- 2017: Revenue of $108K, expenses of $53K, and assets of $871K (revenue +262.8% year-over-year).
- 2016: Revenue of $30K, expenses of $46K, and assets of $817K (revenue -46.6% year-over-year).
- 2015: Revenue of $56K, expenses of $37K, and assets of $833K (revenue -36.8% year-over-year).
- 2014: Revenue of $88K, expenses of $40K, and assets of $814K (revenue +38.6% year-over-year).
- 2013: Revenue of $63K, expenses of $35K, and assets of $766K (revenue +53.7% year-over-year).
- 2012: Revenue of $41K, expenses of $36K, and assets of $738K (revenue -33.5% year-over-year).
- 2011: Revenue of $62K, expenses of $35K, and assets of $732K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trustees Of Lot Owners Of Riverside Cemetery:
Data Sources and Methodology
This transparency report for Trustees Of Lot Owners Of Riverside Cemetery 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.