Cedarbrook Village Incorporated

Cedarbrook Village Incorporated consistently operates at a deficit, drawing down assets while reducing liabilities.

EIN: 200670083 · New Hartford, NY · NTEE: L22 · Updated: 2026-03-28

$3.0MRevenue

$6.2MAssets

85/100Mission Score (Excellent)

L22

About Cedarbrook Village Incorporated

Cedarbrook Village Incorporated (EIN: 200670083) is a nonprofit organization based in New Hartford, NY, classified under NTEE code L22. The organization reported total revenue of $3.0M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cedarbrook Village Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cedarbrook Village Incorporated demonstrates consistent operational deficits over the past several years, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $2,778,547 against revenues of $2,676,126, indicating a deficit of over $100,000. This trend is visible in most recent filings, suggesting a reliance on existing assets or other funding sources to cover operational costs. While the organization's assets have generally declined from $7,828,455 in 2014 to $6,054,513 in 2023, its liabilities have also decreased significantly from $3,625,504 to $2,103,468 over the same period, which is a positive sign regarding debt management. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cedarbrook Village Incorporated with a Mission Score of 85 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Cedarbrook Village Incorporated allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with nearly $3 million in annual revenue.

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 Cedarbrook Village Incorporated's IRS 990 filings:

Consistent operational deficits (e.g., 2023 expenses $2,778,547 vs. revenue $2,676,126)
Declining asset base over the past decade (from $7.8M in 2014 to $6.0M in 2023)

Strengths

The following positive indicators were identified for Cedarbrook Village Incorporated:

Significant reduction in liabilities over time (from $3.6M in 2014 to $2.1M in 2023)
0% reported officer compensation, indicating high resource allocation to mission
Long history of IRS 990 filings (13 filings), suggesting transparency and compliance

Frequently Asked Questions about Cedarbrook Village Incorporated

Is Cedarbrook Village Incorporated financially sustainable given its consistent deficits?

The organization has consistently reported expenses exceeding revenue in most recent years (e.g., 2023, 2022, 2021), leading to operational deficits. While assets have decreased, liabilities have also significantly reduced, suggesting a managed approach to its financial position, but long-term sustainability without addressing the revenue-expense gap is a concern.

How does Cedarbrook Village Incorporated cover its operational deficits?

Given the consistent deficits and declining assets, the organization likely covers its operational shortfalls by drawing down on its existing asset base or through non-operating income not detailed in the provided summary, such as investment returns or specific grants that offset the operational gap.

What is the reason for 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or compensation is structured in a way that it is not reported under 'Officer Comp' on the 990, which would be unusual for an organization of this scale. This practice, if truly volunteer-driven, is a significant strength in terms of resource allocation.

Filing History

IRS 990 filing history for Cedarbrook Village Incorporated showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cedarbrook Village Incorporated's revenue has grown by 47%, moving from $1.8M to $2.7M. Total assets decreased by 28.8% over the same period, from $8.5M to $6.1M. Total functional expenses rose by 59.5%, from $1.7M to $2.8M. In its most recent filing year (2023), Cedarbrook Village Incorporated reported a deficit of $102K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $6.1M in assets (debt-to-asset ratio: 34.7%), resulting in net assets of $4.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.7M	$2.8M	$6.1M	$2.1M	—	—
2022	$2.4M	$2.6M	$6.2M	$2.2M	—	View 990
2021	$2.3M	$2.3M	$6.6M	$2.3M	—	View 990
2020	$2.3M	$2.4M	$6.7M	$2.4M	—	View 990
2019	$2.0M	$2.2M	$6.9M	$2.5M	—	View 990
2018	$2.0M	$2.2M	$7.1M	$2.6M	—	View 990
2017	$2.1M	$2.1M	$7.3M	$2.7M	—	View 990
2016	$2.1M	$2.0M	$7.3M	$2.8M	—	View 990
2015	$2.1M	$2.0M	$7.4M	$3.1M	—	View 990
2014	$2.1M	$2.0M	$7.8M	$3.6M	—	View 990
2013	$2.0M	$1.9M	$8.0M	$3.9M	—	View 990
2012	$1.9M	$1.8M	$8.2M	$4.3M	—	View 990
2011	$1.8M	$1.7M	$8.5M	$4.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.7M, expenses of $2.8M, and assets of $6.1M (revenue +11.7% year-over-year).
2022: Revenue of $2.4M, expenses of $2.6M, and assets of $6.2M (revenue +4.3% year-over-year).
2021: Revenue of $2.3M, expenses of $2.3M, and assets of $6.6M (revenue +1.0% year-over-year).
2020: Revenue of $2.3M, expenses of $2.4M, and assets of $6.7M (revenue +11.7% year-over-year).
2019: Revenue of $2.0M, expenses of $2.2M, and assets of $6.9M (revenue -0.4% year-over-year).
2018: Revenue of $2.0M, expenses of $2.2M, and assets of $7.1M (revenue -4.7% year-over-year).
2017: Revenue of $2.1M, expenses of $2.1M, and assets of $7.3M (revenue +0.2% year-over-year).
2016: Revenue of $2.1M, expenses of $2.0M, and assets of $7.3M (revenue +4.3% year-over-year).
2015: Revenue of $2.1M, expenses of $2.0M, and assets of $7.4M (revenue -0.4% year-over-year).
2014: Revenue of $2.1M, expenses of $2.0M, and assets of $7.8M (revenue +5.4% year-over-year).
2013: Revenue of $2.0M, expenses of $1.9M, and assets of $8.0M (revenue +5.1% year-over-year).
2012: Revenue of $1.9M, expenses of $1.8M, and assets of $8.2M (revenue +2.2% year-over-year).
2011: Revenue of $1.8M, expenses of $1.7M, and assets of $8.5M.

Data Sources and Methodology

This transparency report for Cedarbrook Village Incorporated 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.