Cedar Crest Foundation Inc
Cedar Crest Foundation operates with zero officer compensation and minimal expenses, accumulating assets over time.
EIN: 200703369 · Janesville, WI · NTEE: L11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $256K |
| Total Expenses | $222 |
| Program Spending | 99% |
| Net Assets | $524K |
| Transparency Score | 90/100 |
Is Cedar Crest Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cedar Crest Foundation Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cedar Crest Foundation Inc
Cedar Crest Foundation Inc (EIN: 200703369) is a nonprofit organization based in Janesville, WI, classified under NTEE code L11. The organization reported total revenue of $256K and total assets of $785K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedar Crest Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cedar Crest Foundation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $222 |
| Surplus / Deficit | +$41K |
| Total Assets | $533K |
| Total Liabilities | $9K |
| Net Assets | $524K |
| Operating Margin | 99.5% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 28819.9 months |
Financial Health Grade: A
In 2023, Cedar Crest Foundation Inc reported a surplus of $41K with revenue exceeding expenses, holds 28819.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cedar Crest Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +485.7% | -62.8% | +8.8% |
| 2022 | +18.1% | +202.5% | +2.7% |
| 2021 | -65.2% | +34.9% | +1.3% |
| 2020 | +12.3% | -50.8% | +3.9% |
| 2019 | +66.3% | +50.0% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Crest Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Cedar Crest Foundation Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of any size.
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 Crest Foundation Inc's IRS 990 filings:
- Lack of detailed program spending information in provided data
- Very low expenses could indicate limited direct program activity if not an endowment
Strengths
The following positive indicators were identified for Cedar Crest Foundation Inc:
- Consistent 0% officer compensation
- Extremely low administrative and fundraising expenses
- Steady growth in assets over time
- Assets significantly exceed liabilities, indicating financial stability
- High efficiency in resource utilization based on expense ratios
Frequently Asked Questions about Cedar Crest Foundation Inc
Is Cedar Crest Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedar Crest Foundation Inc (EIN: 200703369) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Cedar Crest Foundation Inc spend its money?
Cedar Crest Foundation Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cedar Crest Foundation Inc tax-deductible?
Cedar Crest Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200703369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cedar Crest Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cedar Crest Foundation Inc is above average for NTEE category L11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cedar Crest Foundation Inc located?
Cedar Crest Foundation Inc is headquartered in Janesville, Wisconsin and files with the IRS under EIN 200703369. It is classified under NTEE code L11.
How many years of IRS 990 filings does Cedar Crest Foundation Inc have?
Cedar Crest Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $256K in total revenue.
What specific programs or activities does Cedar Crest Foundation Inc undertake with its minimal expenses?
The provided data indicates extremely low expenses (e.g., $222 in 202306, $596 in 202206), suggesting that the organization either has very low operational costs for its programs or primarily acts as an endowment/grant-making body. Further detail on program activities would require reviewing the full IRS Form 990.
How does Cedar Crest Foundation Inc manage to operate with such consistently low expenses?
The consistently low expenses, often in the hundreds of dollars, suggest a highly efficient, likely volunteer-driven model with minimal overhead. This could involve leveraging existing resources, volunteer labor, or focusing on activities with inherently low costs.
Given the low expenses, what is the primary use of the organization's revenue?
With expenses significantly lower than revenue in most periods, a substantial portion of the revenue appears to be retained, contributing to the steady growth of the organization's assets, which reached $533,169 in 202306. This suggests an endowment or long-term investment strategy.
Filing History
IRS 990 filing history for Cedar Crest Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cedar Crest Foundation Inc's revenue has grown by 391.7%, moving from $8K to $41K. Total assets increased by 166.5% over the same period, from $200K to $533K. Total functional expenses fell by 99.6%, from $51K to $222. In its most recent filing year (2023), Cedar Crest Foundation Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $9K in liabilities against $533K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $524K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $222 | $533K | $9K | — | — |
| 2022 | $7K | $596 | $490K | $7K | — | View 990 |
| 2021 | $6K | $197 | $477K | $891 | — | — |
| 2020 | $17K | $146 | $471K | $687 | — | View 990 |
| 2019 | $15K | $297 | $453K | $0 | — | View 990 |
| 2018 | $9K | $198 | $438K | $0 | — | View 990 |
| 2017 | $18K | $91 | $454K | $25K | — | View 990 |
| 2016 | $10K | $9 | $436K | $25K | — | View 990 |
| 2015 | $58K | $21 | $426K | $0 | — | View 990 |
| 2014 | $8K | $3K | $369K | $2K | — | View 990 |
| 2013 | $163K | $6K | $369K | $6K | — | View 990 |
| 2012 | $18K | $7K | $206K | $333 | — | View 990 |
| 2011 | $8K | $51K | $200K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $222, and assets of $533K (revenue +485.7% year-over-year).
- 2022: Revenue of $7K, expenses of $596, and assets of $490K (revenue +18.1% year-over-year).
- 2021: Revenue of $6K, expenses of $197, and assets of $477K (revenue -65.2% year-over-year).
- 2020: Revenue of $17K, expenses of $146, and assets of $471K (revenue +12.3% year-over-year).
- 2019: Revenue of $15K, expenses of $297, and assets of $453K (revenue +66.3% year-over-year).
- 2018: Revenue of $9K, expenses of $198, and assets of $438K (revenue -50.0% year-over-year).
- 2017: Revenue of $18K, expenses of $91, and assets of $454K (revenue +80.9% year-over-year).
- 2016: Revenue of $10K, expenses of $9, and assets of $436K (revenue -82.6% year-over-year).
- 2015: Revenue of $58K, expenses of $21, and assets of $426K (revenue +651.0% year-over-year).
- 2014: Revenue of $8K, expenses of $3K, and assets of $369K (revenue -95.2% year-over-year).
- 2013: Revenue of $163K, expenses of $6K, and assets of $369K (revenue +799.5% year-over-year).
- 2012: Revenue of $18K, expenses of $7K, and assets of $206K (revenue +115.8% year-over-year).
- 2011: Revenue of $8K, expenses of $51K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cedar Crest Foundation Inc:
Data Sources and Methodology
This transparency report for Cedar Crest Foundation 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.