Cedar Tree Foundation Inc
Cedar Tree Foundation consistently operates with zero officer compensation, relying on substantial assets despite fluctuating annual revenues and expenses.
EIN: 133601934 · Boston, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.7M |
| Total Expenses | $15.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $85 |
| Net Assets | $72.7M |
| Transparency Score | 92/100 |
Is Cedar Tree Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cedar Tree Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cedar Tree Foundation Inc
Cedar Tree Foundation Inc (EIN: 133601934) is a nonprofit organization based in Boston, MA, classified under NTEE code T22. The organization reported total revenue of $28.7M and total assets of $85.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedar Tree Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cedar Tree Foundation Inc is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $15.4M |
| Surplus / Deficit | $-13,303,805 |
| Total Assets | $86.6M |
| Total Liabilities | $13.9M |
| Net Assets | $72.7M |
| Operating Margin | -649.3% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 67.7 months |
Financial Health Grade: B
In 2023, Cedar Tree Foundation Inc reported a deficit of $13.3M with expenses exceeding revenue, holds 67.7 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Cedar Tree Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.7% | +43.2% | +0.2% |
| 2022 | -67.6% | -4.5% | -27.9% |
| 2021 | +68.2% | +17.0% | +4.6% |
| 2020 | -12.4% | -13.1% | +5.9% |
| 2019 | +4.3% | +55.7% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Tree Foundation Inc with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cedar Tree Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $13.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive indicator of the organization's commitment to directing resources towards its mission, especially for an organization with assets consistently above $85 million.
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.
Strengths
The following positive indicators were identified for Cedar Tree Foundation Inc:
- Consistent zero officer compensation across all reported periods, indicating high efficiency and mission focus.
- Substantial and stable asset base, consistently above $85 million, providing long-term financial security for its mission.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- As a grant-making foundation (NTEE T22), a significant portion of expenses are inherently programmatic.
Frequently Asked Questions about Cedar Tree Foundation Inc
Is Cedar Tree Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedar Tree Foundation Inc (EIN: 133601934) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Cedar Tree Foundation Inc spend its money?
Cedar Tree Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cedar Tree Foundation Inc tax-deductible?
Cedar Tree Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133601934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cedar Tree Foundation Inc CEO make?
Cedar Tree Foundation Inc's highest-compensated officer earns $85 annually. The organization reported $28.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Cedar Tree Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cedar Tree Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cedar Tree Foundation Inc located?
Cedar Tree Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 133601934. It is classified under NTEE code T22.
How many years of IRS 990 filings does Cedar Tree Foundation Inc have?
Cedar Tree Foundation Inc has 10 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 $28.7M in total revenue.
Is Cedar Tree Foundation Inc. a good charity?
Based on the provided data, Cedar Tree Foundation Inc. appears to be a very good charity. It maintains a substantial asset base (e.g., $86.6 million in 2023), consistently reports zero officer compensation, and as a grant-making foundation, its expenses are primarily directed towards programmatic activities. This indicates strong financial stewardship and a clear focus on its mission.
How does Cedar Tree Foundation Inc. fund its operations given periods of expenses exceeding revenue?
As a foundation (NTEE T22), it likely funds operations and grants through its substantial endowment. For example, in 2023, expenses were $15.3 million while revenue was only $2.0 million. This gap is typically covered by drawing from investment returns on its $86.6 million in assets, which may not always be fully reflected in the 'Revenue' line as operating income.
What is the trend in Cedar Tree Foundation Inc.'s assets?
Cedar Tree Foundation Inc.'s assets have shown resilience, generally staying above $85 million over the past decade, with a peak of $119.8 million in 2021. While there has been some fluctuation, the foundation maintains a robust financial base, with $86.6 million in assets reported for 2023.
Filing History
IRS 990 filing history for Cedar Tree Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cedar Tree Foundation Inc's revenue has declined by 70.5%, moving from $6.9M to $2.0M. Total assets decreased by 8.6% over the same period, from $94.8M to $86.6M. Total functional expenses rose by 154.9%, from $6.0M to $15.4M. In its most recent filing year (2023), Cedar Tree Foundation Inc reported a deficit of $13.3M, with expenses exceeding revenue. The organization holds $13.9M in liabilities against $86.6M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $72.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $15.4M | $86.6M | $13.9M | — | View 990 |
| 2022 | $4.1M | $10.7M | $86.4M | $13.2M | — | View 990 |
| 2021 | $12.6M | $11.2M | $119.9M | $11.5M | — | View 990 |
| 2020 | $7.5M | $9.6M | $114.6M | $9.9M | — | View 990 |
| 2019 | $8.5M | $11.0M | $108.2M | $13.9M | — | View 990 |
| 2015 | $8.2M | $7.1M | $98.0M | $443K | — | View 990 |
| 2014 | $10.6M | $6.8M | $101.9M | $371K | — | View 990 |
| 2013 | $8.4M | $16.1M | $99.0M | $170K | — | View 990 |
| 2012 | $8.0M | $9.3M | $99.2M | $157K | — | View 990 |
| 2011 | $6.9M | $6.0M | $94.8M | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $15.4M, and assets of $86.6M (revenue -49.7% year-over-year).
- 2022: Revenue of $4.1M, expenses of $10.7M, and assets of $86.4M (revenue -67.6% year-over-year).
- 2021: Revenue of $12.6M, expenses of $11.2M, and assets of $119.9M (revenue +68.2% year-over-year).
- 2020: Revenue of $7.5M, expenses of $9.6M, and assets of $114.6M (revenue -12.4% year-over-year).
- 2019: Revenue of $8.5M, expenses of $11.0M, and assets of $108.2M (revenue +4.3% year-over-year).
- 2015: Revenue of $8.2M, expenses of $7.1M, and assets of $98.0M (revenue -22.9% year-over-year).
- 2014: Revenue of $10.6M, expenses of $6.8M, and assets of $101.9M (revenue +25.7% year-over-year).
- 2013: Revenue of $8.4M, expenses of $16.1M, and assets of $99.0M (revenue +5.0% year-over-year).
- 2012: Revenue of $8.0M, expenses of $9.3M, and assets of $99.2M (revenue +15.6% year-over-year).
- 2011: Revenue of $6.9M, expenses of $6.0M, and assets of $94.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cedar Tree Foundation Inc:
Data Sources and Methodology
This transparency report for Cedar Tree 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.