Cedar Cove Broadcasting Inc
Cedar Cove Broadcasting Inc. reports minimal expenses despite significant liabilities and fluctuating revenue.
EIN: 204353712 · Cheyenne, WY · NTEE: A320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $275 |
| Program Spending | 90% |
| Net Assets | $-367,917 |
| Transparency Score | 30/100 |
Is Cedar Cove Broadcasting Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cedar Cove Broadcasting Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cedar Cove Broadcasting Inc
Cedar Cove Broadcasting Inc (EIN: 204353712) is a nonprofit organization based in Cheyenne, WY, classified under NTEE code A320. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedar Cove Broadcasting Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cedar Cove Broadcasting Inc is a small nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 15.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $275 |
| Surplus / Deficit | +$144K |
| Total Assets | $100K |
| Total Liabilities | $468K |
| Net Assets | $-367,917 |
| Operating Margin | 99.8% |
| Debt-to-Asset Ratio | 467.0% |
| Months of Reserves | 4374.9 months |
Financial Health Grade: A
In 2022, Cedar Cove Broadcasting Inc reported a surplus of $144K with revenue exceeding expenses, holds 4374.9 months of operating reserves (strong position), has a debt-to-asset ratio of 467.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2022), Cedar Cove Broadcasting Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +55.2% | -82.5% | -1.0% |
| 2021 | +64.2% | -95.9% | +3049.1% |
| 2016 | +83.3% | -37.7% | -99.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Cedar Cove Broadcasting Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cedar Cove Broadcasting Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $144K, with revenue exceeding expenses.
- Debt-to-asset ratio: 467.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is highly unusual for an organization with reported revenue and assets.
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 Cedar Cove Broadcasting Inc's IRS 990 filings:
- Consistent negative net assets, indicating severe financial instability (e.g., $100,257 assets vs. $468,174 liabilities in 2022).
- Extremely low reported expenses relative to revenue and assets ($275 in 2022, $1,574 in 2021), raising questions about operational activity and financial reporting accuracy.
- Significant and persistent liabilities that far outweigh assets across all reported periods.
- Lack of clarity on how revenue is utilized given the minimal reported expenses and 0% officer compensation.
Strengths
The following positive indicators were identified for Cedar Cove Broadcasting Inc:
- 0% officer compensation reported across all filings, indicating no executive pay from the organization's funds.
Frequently Asked Questions about Cedar Cove Broadcasting Inc
Is Cedar Cove Broadcasting Inc a legitimate charity?
Cedar Cove Broadcasting Inc (EIN: 204353712) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 30/100. It has 4 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: A.
How does Cedar Cove Broadcasting Inc spend its money?
Cedar Cove Broadcasting Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cedar Cove Broadcasting Inc tax-deductible?
Cedar Cove Broadcasting Inc is registered as a tax-exempt nonprofit (EIN: 204353712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cedar Cove Broadcasting Inc's spending goes to programs?
Cedar Cove Broadcasting Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cedar Cove Broadcasting Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Cedar Cove Broadcasting Inc is below average for NTEE category A320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cedar Cove Broadcasting Inc located?
Cedar Cove Broadcasting Inc is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 204353712. It is classified under NTEE code A320.
How many years of IRS 990 filings does Cedar Cove Broadcasting Inc have?
Cedar Cove Broadcasting Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
How does Cedar Cove Broadcasting Inc. operate with such minimal reported expenses ($275 in 2022) given its revenue and assets?
The extremely low reported expenses suggest either a very limited operational scope, significant in-kind contributions not fully reflected, or that a substantial portion of revenue is not being spent on direct operations or programs, which requires further clarification from the organization.
What is the nature of Cedar Cove Broadcasting Inc.'s significant liabilities, which consistently exceed its assets?
The consistent and substantial liabilities (e.g., $468,174 in 2022 vs. $100,257 in assets) indicate a severe solvency issue. Understanding the source and nature of these liabilities (e.g., loans, deferred revenue) is crucial for assessing financial stability.
Given the NTEE code A320 (Radio, Television, and Film), what specific programs or services does Cedar Cove Broadcasting Inc. provide?
The financial data alone does not detail specific programs. With minimal expenses, it's unclear how the organization fulfills its mission related to broadcasting, television, or film.
Filing History
IRS 990 filing history for Cedar Cove Broadcasting Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2022), Cedar Cove Broadcasting Inc's revenue has grown by 367.1%, moving from $31K to $144K. Total assets decreased by 75.1% over the same period, from $402K to $100K. Total functional expenses fell by 99.6%, from $62K to $275. In its most recent filing year (2022), Cedar Cove Broadcasting Inc reported a surplus of $144K, with revenue exceeding expenses. The organization holds $468K in liabilities against $100K in assets (debt-to-asset ratio: 467.0%), resulting in net assets of $-367,917.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $144K | $275 | $100K | $468K | — | — |
| 2021 | $93K | $2K | $101K | $613K | — | View 990 |
| 2016 | $57K | $39K | $3K | $704K | — | View 990 |
| 2011 | $31K | $62K | $402K | $843K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $144K, expenses of $275, and assets of $100K (revenue +55.2% year-over-year).
- 2021: Revenue of $93K, expenses of $2K, and assets of $101K (revenue +64.2% year-over-year).
- 2016: Revenue of $57K, expenses of $39K, and assets of $3K (revenue +83.3% year-over-year).
- 2011: Revenue of $31K, expenses of $62K, and assets of $402K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cedar Cove Broadcasting Inc:
Data Sources and Methodology
This transparency report for Cedar Cove Broadcasting Inc 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.