Lakeview Cemetery Association Inc

Nonprofit profile at a glance

EIN
020156173
IRS 990-EZ coverage
2010–2011
Forms available
Form 990-EZ 2011
Location
Wolfeboro, NH, USA
Phone
6035695066
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Cemeteries

Reported finances

Revenue
$26,776
Expenses
$39,361
Assets
$487,159

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

1 person listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lakeview Cemetery Association, Inc. maintains a cemetery located in Wolfeboro, New Hampshire. The Association provides the care and upkeep of all of the property held for these purposes, and sells burial plots to members of the public in those areas of Lakeview Cemetery which have not been used up to this time. In 2005 and 2006 a monument to hold cremated remains was added, and income is derived from the sale of niches in this monument.

What it reported doing in 2011

The grounds and roads of the cemetery were maintained by professional contractors throughout the year. The roads are plowed in the winter to allow access by those wishing to visit the cemetery. Unused plots and crematory niches were sold to members of the general public.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -47%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 12.38; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 49th percentile among comparable filings
  • Revenue growth: -5% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: -2.6% per year; rating input score 0; 43rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $39K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2010 to 2011
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.