Vernon Cemetery Association Inc
EIN: 350730115 · Vernon, IN · NTEE: Y50
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $168K |
| Net Assets | $618K |
Is Vernon Cemetery Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vernon Cemetery Association Inc
Vernon Cemetery Association Inc (EIN: 350730115) is a nonprofit organization based in Vernon, IN, classified under NTEE code Y50. The organization reported total revenue of $179K and total assets of $509K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vernon Cemetery Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vernon Cemetery Association Inc is a small nonprofit that has been operating for 2 years, with 10 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $168K |
| Surplus / Deficit | $-8,282 |
| Total Assets | $618K |
| Net Assets | $618K |
| Operating Margin | -5.2% |
| Months of Reserves | 44.2 months |
Financial Health Grade: B
In 2022, Vernon Cemetery Association Inc reported a deficit of $8K with expenses exceeding revenue, holds 44.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2022), Vernon Cemetery Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.0% | +21.0% | -1.3% |
| 2021 | +26.1% | -24.0% | +1.7% |
| 2020 | +35.1% | +37.1% | -9.4% |
| 2019 | -26.0% | -9.3% | -6.3% |
| 2018 | +22.2% | +9.9% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vernon Cemetery Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vernon Cemetery Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Vernon Cemetery Association Inc
Is Vernon Cemetery Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vernon Cemetery Association Inc (EIN: 350730115) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vernon Cemetery Association Inc spend its money?
Detailed spending breakdown data is not yet available for Vernon Cemetery Association Inc. Check back for updated IRS 990 analysis.
Are donations to Vernon Cemetery Association Inc tax-deductible?
Vernon Cemetery Association Inc is registered as a tax-exempt nonprofit (EIN: 350730115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vernon Cemetery Association Inc located?
Vernon Cemetery Association Inc is headquartered in Vernon, Indiana and files with the IRS under EIN 350730115. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Vernon Cemetery Association Inc have?
Vernon Cemetery Association Inc has 10 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 $179K in total revenue.
Filing History
IRS 990 filing history for Vernon Cemetery Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), Vernon Cemetery Association Inc's revenue has grown by 31.1%, moving from $122K to $159K. Total assets decreased by 1.3% over the same period, from $626K to $618K. Total functional expenses rose by 43.1%, from $117K to $168K. In its most recent filing year (2022), Vernon Cemetery Association Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $159K | $168K | $618K | $0 | — | — |
| 2021 | $149K | $139K | $626K | $0 | — | — |
| 2020 | $118K | $182K | $616K | $0 | — | — |
| 2019 | $88K | $133K | $680K | $0 | — | — |
| 2018 | $118K | $147K | $726K | $0 | — | — |
| 2017 | $97K | $133K | $754K | $0 | — | — |
| 2016 | $104K | $125K | $790K | $0 | — | — |
| 2015 | $129K | $136K | $595K | $0 | — | — |
| 2014 | $99K | $103K | $818K | $0 | — | — |
| 2011 | $122K | $117K | $626K | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $159K, expenses of $168K, and assets of $618K (revenue +7.0% year-over-year).
- 2021: Revenue of $149K, expenses of $139K, and assets of $626K (revenue +26.1% year-over-year).
- 2020: Revenue of $118K, expenses of $182K, and assets of $616K (revenue +35.1% year-over-year).
- 2019: Revenue of $88K, expenses of $133K, and assets of $680K (revenue -26.0% year-over-year).
- 2018: Revenue of $118K, expenses of $147K, and assets of $726K (revenue +22.2% year-over-year).
- 2017: Revenue of $97K, expenses of $133K, and assets of $754K (revenue -7.2% year-over-year).
- 2016: Revenue of $104K, expenses of $125K, and assets of $790K (revenue -19.1% year-over-year).
- 2015: Revenue of $129K, expenses of $136K, and assets of $595K (revenue +30.8% year-over-year).
- 2014: Revenue of $99K, expenses of $103K, and assets of $818K (revenue -18.9% year-over-year).
- 2011: Revenue of $122K, expenses of $117K, and assets of $626K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vernon Cemetery Association Inc:
Data Sources and Methodology
This transparency report for Vernon Cemetery Association 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.