Quick charity verification for Cedar Creek Housing Inc (EIN: 161754294)
Verdict: Cedar Creek Housing Inc appears trustworthy
70/100Mission Score
$205KRevenue
$1.8MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses regularly exceeding revenue (e.g., $253,240 expenses vs. $202,558 revenue in 2023).
Declining asset base over the past decade, from $2,473,881 in 2014 to $1,906,603 in 2023, indicating reliance on reserves to cover deficits.
High liabilities relative to assets, consistently around $2.9 million, which could pose a risk if revenue streams are not secured.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership or a volunteer-led structure.
Stable revenue generation over the past few years, hovering around $200,000 annually.
Substantial asset base of over $1.9 million, providing some financial cushion despite the deficits.
Spending Breakdown
How Cedar Creek Housing Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cedar Creek Housing Inc
Is Cedar Creek Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedar Creek Housing Inc (EIN: 161754294) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Cedar Creek Housing Inc a good charity to donate to?
Cedar Creek Housing Inc has a Mission Score of 70/100. Revenue: $205K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cedar Creek Housing Inc?
The Employer Identification Number (EIN) for Cedar Creek Housing Inc is 161754294. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cedar Creek Housing Inc spend its money?
Cedar Creek Housing Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cedar Creek Housing Inc's tax-exempt status?
You can verify Cedar Creek Housing Inc's tax-exempt status using EIN 161754294 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cedar Creek Housing Inc. appears to be a stable, albeit consistently deficit-spending, organization focused on its mission. Over the past decade, the organization has consistently reported expenses exceeding revenue, with the latest filing (202312) showing expenses of $253,240 against revenue of $202,558. This trend has led to a gradual decrease in assets from $2,473,881 in 2014 to $1,906,603 in 2023, while liabilities have remained relatively high and stable, hovering around $2.9 million. The organization's NTEE code L22 (Housing Development, Construction & Management) suggests a capital-intensive mission, which might explain the significant liabilities.
The organization demonstrates strong transparency regarding executive compensation, consistently reporting 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, the consistent operating deficit is a concern for long-term financial sustainability, as it relies on drawing down assets or increasing liabilities to cover operational costs. While the asset base is still substantial at $1.9 million, the trend of declining assets warrants close monitoring.