PRESQUE ISLE, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAIRMOUNT CEMETERY ASSOC, founded in 1864, is a micro nonprofit that reported $86K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Net assets of $1.3M represent 177 months of operating reserves.
The purpose is to acquire land, manage and operate same for use by the public as a cemetery, also to furnish perpetual care of the gravesites and adjoining areas and to supervise and control the use of the cemetery facilities
A new lawn tractor was purchased with a trade in of an older tractor for mowing grass
burials and internments: there were 61 internments done in the year 2023 including 17 full casket burials and 44 cremation remain internments
Gravesites were maintained through the leveling of the surface of the gravesites as necessary, seeding the grave lots with grass as needed, trimming or removing trees and shrubbery when warranted...
Gravesites were maintained through the leveling of the surface of the gravesites as necessary, seeding the grave lots with grass as needed, trimming or removing trees and shrubbery when warranted, and the removal of fallen branches, leaves, litter and other debris.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $86,317 | $62,368 | +0.4% |
| Expenses | $94,063 | $81,445 | +0.2% |
| Net Income | $-7,746 | $-19,077 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Karen Duncan | Trustee - Secretary | 6 |
Officer
Director
|
$3,200 | $0 | $3,200 |
| David H Blanchard | Trustee - Treasurer | 3 |
Officer
Director
|
$2,400 | $0 | $2,400 |
| Donald A Savage | Trustee - President | 3 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Craig Green | Trustee - Vice President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Marena Lagerstrom | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Nathan Grass | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Wendell Duncan | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Sally McIntyre | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Donna Keegan | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Tom Berube | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Larry Perry | trustee | 0 |
Director
|
$0 | $0 | $0 |
| Orland Smith | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $86,317 | $94,063 | $1,276,461 | $-7,746 |
| 2022 | $62,368 | $81,445 | $1,175,200 | $-19,077 |
| 2021 | $120,467 | $110,572 | $1,378,593 | $9,895 |
| 2020 | $67,734 | $66,405 | $1,276,398 | $1,329 |
Compare FAIRMOUNT CEMETERY ASSOC with other nonprofits in Maine and across the country.