Cedar River Recreation & Fine Arts

Cedar River Recreation & Fine Arts consistently operates at a deficit, drawing down assets over the past decade.

EIN: 208620108 · Osage, IA · NTEE: N31 · Updated: 2026-03-28

$1.1MRevenue
$10.4MAssets
75/100Mission Score (Good)
N31
Cedar River Recreation & Fine Arts Financial Summary
MetricValue
Total Revenue$1.1M
Total Expenses$1.5M
Program Spending85%
Net Assets$10.7M
Transparency Score75/100

Search Intent Cockpit

Cedar River Recreation & Fine Arts Form 990, Revenue, CEO Pay, and IRS Filing Signals

Cedar River Recreation & Fine Arts is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Cedar River Recreation & Fine Arts in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $942K and expenses of $1.5M.

Revenue and Expenses

Cedar River Recreation & Fine Arts reported $942K in revenue and $1.5M in expenses, a deficit of $511K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Cedar River Recreation & Fine Arts Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Cedar River Recreation & Fine Arts Expense Deployment
Program services$1.2M (85%)

Across stored filings, Cedar River Recreation & Fine Arts shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Cedar River Recreation & Fine Arts Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B12 stored filing years
Peer contextCompare with Latinas Unidas Por Un Nuevo AmanecerIowa and Category N context

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Cedar River Recreation & Fine Arts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Cedar River Recreation & Fine Arts

Cedar River Recreation & Fine Arts (EIN: 208620108) is a nonprofit organization based in Osage, IA, classified under NTEE code N31. The organization reported total revenue of $1.1M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedar River Recreation & Fine Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

15Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Cedar River Recreation & Fine Arts is a mid-size nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$942K
Total Expenses$1.5M
Surplus / Deficit$-511,412
Total Assets$10.7M
Total Liabilities$9K
Net Assets$10.7M
Operating Margin-54.3%
Debt-to-Asset Ratio0.1%
Months of Reserves88.7 months

Financial Health Grade: B

In 2023, Cedar River Recreation & Fine Arts reported a deficit of $511K with expenses exceeding revenue, holds 88.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2023), Cedar River Recreation & Fine Arts's revenue has declined at a compound annual growth rate (CAGR) of -11.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.6%+33.8%-5.0%
2021-8.1%-0.7%-1.7%
2020+3.4%-3.5%-1.1%
2019+0.6%-2.5%-1.6%
2018+1.5%-3.0%-1.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2011

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Cedar River Recreation & Fine Arts demonstrates a consistent operational deficit, with expenses regularly exceeding revenue. For instance, in the 202306 period, expenses were $1,453,229 against revenues of $941,817, indicating a significant shortfall. This trend is visible across multiple years, suggesting reliance on existing assets or other non-operating income sources to cover costs. The organization's assets have also shown a gradual decline over the past decade, from $15,646,858 in 201306 to $10,747,761 in 202306, which could be a concern if the operational deficits persist without a clear strategy for sustainability. The absence of reported officer compensation across all filings indicates a high level of volunteer leadership or that compensation is covered by an affiliated entity, which enhances transparency regarding direct executive pay from the organization's funds. Despite the operational deficits, the organization maintains substantial assets relative to its annual revenue, providing a buffer. The consistent reporting of zero officer compensation is a strong positive for transparency and efficient use of funds. However, the long-term financial health requires closer examination of how these deficits are being managed and if the decline in assets is sustainable. The NTEE code N31 (Recreation & Sports, General) suggests a focus on community programs, and the lack of officer compensation implies that a significant portion of expenses should ideally be directed towards these programmatic activities. Overall, while the organization is transparent about its lack of executive compensation, the recurring operational deficits and declining asset base warrant attention. A deeper dive into the expense breakdown (program vs. administrative vs. fundraising) would be necessary to fully assess spending efficiency, but the available data points to a need for improved revenue generation or expense management to ensure long-term financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cedar River Recreation & Fine Arts with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Cedar River Recreation & Fine Arts allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$942KTotal Revenue
$1.5MTotal Expenses
$10.7MTotal Assets
$9KTotal Liabilities
$10.7MNet Assets
  • The organization reported a deficit of $511K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive direct compensation from the organization, which is highly favorable for efficient resource allocation.

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 River Recreation & Fine Arts's IRS 990 filings:

  • Consistent operational deficits (e.g., $1,453,229 expenses vs. $941,817 revenue in 202306)
  • Declining asset base over the past decade (from $15,646,858 in 201306 to $10,747,761 in 202306)
  • Significant liabilities in recent years (e.g., $9,331,000 in 202306, a substantial increase from previous years)

Strengths

The following positive indicators were identified for Cedar River Recreation & Fine Arts:

  • Zero reported officer compensation across all filings, indicating efficient use of funds for leadership.
  • Substantial asset base ($10,418,330 latest reported) provides a buffer despite operational deficits.
  • Long filing history (12 filings) indicates consistent compliance and transparency in reporting.

Frequently Asked Questions about Cedar River Recreation & Fine Arts

Is Cedar River Recreation & Fine Arts a legitimate charity?

Cedar River Recreation & Fine Arts (EIN: 208620108) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Cedar River Recreation & Fine Arts spend its money?

Cedar River Recreation & Fine Arts directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Cedar River Recreation & Fine Arts tax-deductible?

Cedar River Recreation & Fine Arts is registered as a tax-exempt nonprofit (EIN: 208620108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Cedar River Recreation & Fine Arts's spending goes to programs?

Cedar River Recreation & Fine Arts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Cedar River Recreation & Fine Arts compare to similar nonprofits?

With a transparency score of 75/100 (Good), Cedar River Recreation & Fine Arts is above average for NTEE category N31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Cedar River Recreation & Fine Arts located?

Cedar River Recreation & Fine Arts is headquartered in Osage, Iowa and files with the IRS under EIN 208620108. It is classified under NTEE code N31.

How many years of IRS 990 filings does Cedar River Recreation & Fine Arts have?

Cedar River Recreation & Fine Arts has 12 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 $1.1M in total revenue.

How does Cedar River Recreation & Fine Arts cover its consistent operational deficits?

The organization consistently reports expenses exceeding revenue, for example, $1,453,229 in expenses vs. $941,817 in revenue in 202306. This suggests they are either drawing down on their substantial assets, which have declined from $15,646,858 in 201306 to $10,747,761 in 202306, or relying on other non-operating income sources not detailed in the provided summary.

What is the long-term strategy for financial sustainability given the declining asset base?

The organization's assets have decreased by approximately $5 million over the last decade. Without a clear strategy to reverse the trend of operational deficits or generate new revenue streams, the continued decline in assets could impact the organization's long-term viability and capacity to deliver on its mission.

What is the detailed breakdown of expenses (program, administrative, fundraising)?

The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial to fully assess spending efficiency and ensure that the majority of funds are directed towards programmatic activities, especially given the operational deficits.

Filing History

IRS 990 filing history for Cedar River Recreation & Fine Arts showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Cedar River Recreation & Fine Arts's revenue has declined by 76.2%, moving from $4.0M to $942K. Total assets decreased by 36.6% over the same period, from $16.9M to $10.7M. Total functional expenses rose by 2.1%, from $1.4M to $1.5M. In its most recent filing year (2023), Cedar River Recreation & Fine Arts reported a deficit of $511K, with expenses exceeding revenue. The organization holds $9K in liabilities against $10.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $10.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $942K $1.5M $10.7M $9K View 990
2021 $892K $1.1M $11.3M $4K View 990
2020 $970K $1.1M $11.5M $5K View 990
2019 $939K $1.1M $11.6M $3K View 990
2018 $934K $1.2M $11.8M $1K View 990
2017 $920K $1.2M $12.1M $1K View 990
2016 $907K $1.2M $12.6M $231K View 990
2015 $905K $1.2M $13.0M $309K View 990
2014 $980K $3.1M $13.4M $411K View 990
2013 $991K $1.2M $15.6M $590K View 990
2012 $1.4M $1.4M $16.1M $829K View 990
2011 $4.0M $1.4M $16.9M $1.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $942K, expenses of $1.5M, and assets of $10.7M (revenue +5.6% year-over-year).
  • 2021: Revenue of $892K, expenses of $1.1M, and assets of $11.3M (revenue -8.1% year-over-year).
  • 2020: Revenue of $970K, expenses of $1.1M, and assets of $11.5M (revenue +3.4% year-over-year).
  • 2019: Revenue of $939K, expenses of $1.1M, and assets of $11.6M (revenue +0.6% year-over-year).
  • 2018: Revenue of $934K, expenses of $1.2M, and assets of $11.8M (revenue +1.5% year-over-year).
  • 2017: Revenue of $920K, expenses of $1.2M, and assets of $12.1M (revenue +1.5% year-over-year).
  • 2016: Revenue of $907K, expenses of $1.2M, and assets of $12.6M (revenue +0.2% year-over-year).
  • 2015: Revenue of $905K, expenses of $1.2M, and assets of $13.0M (revenue -7.7% year-over-year).
  • 2014: Revenue of $980K, expenses of $3.1M, and assets of $13.4M (revenue -1.1% year-over-year).
  • 2013: Revenue of $991K, expenses of $1.2M, and assets of $15.6M (revenue -27.2% year-over-year).
  • 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $16.1M (revenue -65.6% year-over-year).
  • 2011: Revenue of $4.0M, expenses of $1.4M, and assets of $16.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Cedar River Recreation & Fine Arts:

2023 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Cedar River Recreation & Fine Arts 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.

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