Washington Cemetery Mgmt Corp
Washington Cemetery Mgmt Corp: Stable Finances, Limited Mission Clarity
EIN: 221621017 · Monmouth Jct, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $722K |
| Program Spending | 75% |
| Net Assets | $11.7M |
| Transparency Score | 45/100 |
Is Washington Cemetery Mgmt Corp Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington Cemetery Mgmt Corp directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington Cemetery Mgmt Corp
Washington Cemetery Mgmt Corp (EIN: 221621017) is a nonprofit organization based in Monmouth Jct, NJ. The organization reported total revenue of $3.0M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Cemetery Mgmt Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Cemetery Mgmt Corp is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $722K |
| Surplus / Deficit | +$1.5M |
| Total Assets | $16.1M |
| Total Liabilities | $4.4M |
| Net Assets | $11.7M |
| Operating Margin | 67.8% |
| Debt-to-Asset Ratio | 27.3% |
| Months of Reserves | 267.8 months |
Financial Health Grade: A
In 2023, Washington Cemetery Mgmt Corp reported a surplus of $1.5M with revenue exceeding expenses, holds 267.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Washington Cemetery Mgmt Corp's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.1% | +8.4% | +13.4% |
| 2022 | +7.6% | +12.2% | +9.2% |
| 2021 | +66.5% | -2.9% | +96.3% |
| 2020 | +80.3% | +10.3% | +17.2% |
| 2019 | -12.9% | +0.9% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Washington Cemetery Mgmt Corp with a Mission Score of 45 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Washington Cemetery Mgmt Corp allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.3%.
Executive Compensation Analysis
Executive compensation details are not provided in the available financial data, preventing a specific assessment of individual salaries.
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 Washington Cemetery Mgmt Corp's IRS 990 filings:
- Lack of clear mission statement or program descriptions makes it difficult to assess programmatic impact.
- No information on executive compensation, which is a key transparency metric.
- The 'nt' (nonprofit type) field is empty, indicating a lack of classification or specific focus.
Strengths
The following positive indicators were identified for Washington Cemetery Mgmt Corp:
- Consistent revenue generation over the past several years, with revenue of $2,245,061 in 2023.
- Significant asset growth, reaching $16,110,464 in 2023, indicating financial stability.
- Low liabilities relative to assets, with liabilities of $4,404,443 in 2023.
Frequently Asked Questions about Washington Cemetery Mgmt Corp
Is Washington Cemetery Mgmt Corp a legitimate charity?
Washington Cemetery Mgmt Corp (EIN: 221621017) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Washington Cemetery Mgmt Corp spend its money?
Washington Cemetery Mgmt Corp directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Washington Cemetery Mgmt Corp tax-deductible?
Washington Cemetery Mgmt Corp is registered as a tax-exempt nonprofit (EIN: 221621017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Washington Cemetery Mgmt Corp's spending goes to programs?
Washington Cemetery Mgmt Corp directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Washington Cemetery Mgmt Corp located?
Washington Cemetery Mgmt Corp is headquartered in Monmouth Jct, New Jersey and files with the IRS under EIN 221621017.
How many years of IRS 990 filings does Washington Cemetery Mgmt Corp have?
Washington Cemetery Mgmt Corp 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 $3.0M in total revenue.
What does Washington Cemetery Mgmt Corp do?
Washington Cemetery Mgmt Corp is a nonprofit organization in the Unknown sector, located in Monmouth Jct, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Washington Cemetery Mgmt Corp have?
Washington Cemetery Mgmt Corp reported total revenue of $3,048,405. Based on 13 IRS 990 filings on record.
What are Washington Cemetery Mgmt Corp's total assets?
Washington Cemetery Mgmt Corp holds total assets of $16,737,921 as reported in IRS 990 filings.
Where is Washington Cemetery Mgmt Corp located?
Washington Cemetery Mgmt Corp is based in Monmouth Jct, New Jersey.
What is Washington Cemetery Mgmt Corp's EIN?
Washington Cemetery Mgmt Corp's Employer Identification Number (EIN) is 221621017. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Washington Cemetery Mgmt Corp?
Washington Cemetery Mgmt Corp is classified under NTEE code Unknown (Unknown).
Is Washington Cemetery Mgmt Corp a registered 501(c)(3)?
Washington Cemetery Mgmt Corp appears in IRS records (EIN: 221621017). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Washington Cemetery Mgmt Corp file IRS Form 990?
Yes, Washington Cemetery Mgmt Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Washington Cemetery Mgmt Corp's revenue in 2023?
In the 202309 filing period, Washington Cemetery Mgmt Corp reported total revenue of $2,245,061, total expenses of $722,026, and net assets of $16,110,464.
Is Washington Cemetery Mgmt Corp's revenue growing or declining?
Washington Cemetery Mgmt Corp's revenue is declining. Revenue went from $2,584,352 (202209) to $2,245,061 (202309), a -13.1% change. Based on 13 filings on record.
What is Washington Cemetery Mgmt Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Washington Cemetery Mgmt Corp covers tax period 202309. It shows revenue of $2,245,061, expenses of $722,026, total assets of $16,110,464, and liabilities of $4,404,443.
How much does Washington Cemetery Mgmt Corp spend on programs vs administration?
Based on IRS 990 analysis, Washington Cemetery Mgmt Corp allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Washington Cemetery Mgmt Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Washington Cemetery Mgmt Corp shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Washington Cemetery Mgmt Corp?
The following concerns were identified: Lack of clear mission statement or program descriptions makes it difficult to assess programmatic impact.. No information on executive compensation, which is a key transparency metric.. The 'nt' (nonprofit type) field is empty, indicating a lack of classification or specific focus.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Washington Cemetery Mgmt Corp's strengths?
Positive indicators for Washington Cemetery Mgmt Corp include: Consistent revenue generation over the past several years, with revenue of $2,245,061 in 2023.. Significant asset growth, reaching $16,110,464 in 2023, indicating financial stability.. Low liabilities relative to assets, with liabilities of $4,404,443 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Washington Cemetery Mgmt Corp compensate executives?
Executive compensation details are not provided in the available financial data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what are the primary sources of revenue for Washington Cemetery Mgmt Corp, and how do they align with its operational expenses?
The provided data shows 'r' (revenue) and 'x' (expenses), but does not break down revenue sources. Without this detail, it's challenging to determine if revenue is primarily from plot sales, maintenance fees, or investments, and how these directly fund the reported expenses.
How does Washington Cemetery Mgmt Corp ensure its long-term sustainability and maintenance of its grounds, especially considering its significant asset base?
The substantial asset base of $16,110,464 in 2023 suggests a strong financial position. However, without details on endowment funds, investment strategies, or specific allocations for perpetual care, it's unclear how these assets are specifically leveraged for long-term sustainability and maintenance beyond annual operational expenses.
Filing History
IRS 990 filing history for Washington Cemetery Mgmt Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washington Cemetery Mgmt Corp's revenue has grown by 591.6%, moving from $325K to $2.2M. Total assets increased by 292.3% over the same period, from $4.1M to $16.1M. Total functional expenses rose by 477.9%, from $125K to $722K. In its most recent filing year (2023), Washington Cemetery Mgmt Corp reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $16.1M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $722K | $16.1M | $4.4M | — | View 990 |
| 2022 | $2.6M | $666K | $14.2M | $4.0M | — | View 990 |
| 2021 | $2.4M | $594K | $13.0M | $4.8M | — | View 990 |
| 2020 | $1.4M | $611K | $6.6M | $174K | — | View 990 |
| 2019 | $800K | $554K | $5.7M | $32K | — | View 990 |
| 2018 | $919K | $550K | $5.4M | $21K | — | View 990 |
| 2017 | $789K | $514K | $5.0M | $29K | — | View 990 |
| 2016 | $925K | $589K | $4.7M | $17K | — | View 990 |
| 2015 | $640K | $539K | $4.4M | $17K | — | View 990 |
| 2014 | $453K | $354K | $4.3M | $24K | — | View 990 |
| 2013 | $253K | $136K | $4.2M | $32K | — | View 990 |
| 2012 | $228K | $146K | $4.1M | $57K | — | View 990 |
| 2011 | $325K | $125K | $4.1M | $109K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $722K, and assets of $16.1M (revenue -13.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $666K, and assets of $14.2M (revenue +7.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $594K, and assets of $13.0M (revenue +66.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $611K, and assets of $6.6M (revenue +80.3% year-over-year).
- 2019: Revenue of $800K, expenses of $554K, and assets of $5.7M (revenue -12.9% year-over-year).
- 2018: Revenue of $919K, expenses of $550K, and assets of $5.4M (revenue +16.4% year-over-year).
- 2017: Revenue of $789K, expenses of $514K, and assets of $5.0M (revenue -14.6% year-over-year).
- 2016: Revenue of $925K, expenses of $589K, and assets of $4.7M (revenue +44.5% year-over-year).
- 2015: Revenue of $640K, expenses of $539K, and assets of $4.4M (revenue +41.2% year-over-year).
- 2014: Revenue of $453K, expenses of $354K, and assets of $4.3M (revenue +78.8% year-over-year).
- 2013: Revenue of $253K, expenses of $136K, and assets of $4.2M (revenue +11.0% year-over-year).
- 2012: Revenue of $228K, expenses of $146K, and assets of $4.1M (revenue -29.6% year-over-year).
- 2011: Revenue of $325K, expenses of $125K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Cemetery Mgmt Corp:
Data Sources and Methodology
This transparency report for Washington Cemetery Mgmt Corp 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.