CANAAN CEMETERY ASSOCIATION

EIN: 066056634

CANAAN, CT

Total Revenue
$51,246
Total Expenses
$51,011
Total Assets
$1,071,354
Net Assets
$1,071,354
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CT
Principal Officer
ROBERT PALMER
Phone
2039661861
Tax Period
2023-01-01 to 2023-12-31

CANAAN CEMETERY ASSOCIATION, founded in 2005, is a micro nonprofit that reported $51K in total revenue in fiscal year 2023. Revenue surged 190% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 251 months of operating reserves.

Mission

PROVIDE CEMETERY FOR LOCAL COMMUNITY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,100
Program Service Revenue $0
Investment Income $46,146
Other Revenue $0
TOTAL REVENUE $51,246

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,000
Fundraising Expenses $0
Other Expenses $47,011
TOTAL EXPENSES $51,011

Year-over-Year Comparison

2023 2022 Change
Revenue $51,246 $17,676 +1.9%
Expenses $51,011 $49,792 +0.0%
Net Income $235 $-32,116 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$4,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT PALMER PRESIDENT 1.00
Officer
$2,500 $0 $2,500
RUTH ADOTTE SECRETARY 1.00
Officer
$0 $0 $0
MARISA OHLER TREASURER 1.00
Officer
$1,500 $0 $1,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $51,246 $51,011 $1,071,354 $235
2022 $17,676 $49,792 $1,071,119 $-32,116
2021 $54,110 $47,378 $1,103,235 $6,732
2020 $13,173 $44,487 $1,096,503 $-31,314
2019 $43,528 $43,249 $1,127,817 $279
2018 $152,932 $43,534 $1,127,538 $109,398
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