CEDAR LAKE - CHERRYWOOD INC (EIN 200659956) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

CASSANDRA TAMBO

Phone

5024954948

Tax Period

2021-01-01 to 2021-12-31

CEDAR LAKE - CHERRYWOOD INC, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $48K in total revenue in fiscal year 2021. Revenue decreased 9% compared to the prior year. Expenses of $61K exceeded revenue, resulting in a 26% operating deficit.

Mission

CEDAR LAKE - CHERRYWOOD, INC. OFFERS SAFE & AFFORDABLE COMMUNITY-BASED HOUSING (SEE SCH. O). THE HOUSING IS OFFERED TO PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES IN THE METRO LOUISVILLE REGION OF KENTUCKY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $36,237

Investment Income $2

Other Revenue $12,000

TOTAL REVENUE $48,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,554

Other Expenses $60,577

TOTAL EXPENSES $60,577

Year-over-Year Comparison

	2021	2020	Change
Revenue	$48,239	$53,285	-0.1%
Expenses	$60,577	$69,354	-0.1%
Net Income	$-12,338	$-16,069	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$426,566

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNY EASLEY	DIRECTOR	0.25	Director	$0	$0	$0
BRUCE BEICKMAN	CHAIRMAN	0.25	Officer Director	$0	$0	$0
LYNN WILKERSON	TREASURER	0.25	Officer Director	$0	$0	$0
BRYAN BAIN	SECRETARY	0.25	Officer Director	$0	$0	$0
MATT HELMKAMP	DIRECTOR	0.25	Director	$0	$0	$0
NICK GARBER	DIRECTOR	0.25	Director	$0	$0	$0
THERESA STIEBLING	DIRECTOR	0.25	Director	$0	$0	$0
BONNIE STITH	DIRECTOR	0.25	Director	$0	$0	$0
GREG WELLMAN	VICE CHAIRMAN	0.25	Officer Director	$0	$0	$0
SANDY RINGER	DIRECTOR	0.25	Director	$0	$0	$0
SOLOMON PARKER	DIRECTOR	0.25	Director	$0	$0	$0
LEAH CAMPBELL	DIRECTOR	0.25	Director	$0	$0	$0
R CHRISTIAN STEVENSON	PRESIDENT/CEO (THROUGH 09/2021) (SEE SCH O)	0.50	Officer	$0	$22,979	$182,828
JASON SQUIRES	CHIEF OPERATING OFFICER (SEE SCH O)	1.00	Officer	$0	$41,879	$216,738
CASSANDRA TEMBO	INTERIM PRESIDENT/CEO (SEE SCH O)	0.50	Officer	$0	$0	$27,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$48,239	$60,577	$267,375	$-12,338
2020	$53,285	$69,354	$284,375	$-16,069
2019	$52,857	$66,162	$299,315	$-13,305
2018	$51,639	$72,014	$310,639	$-20,375

CEDAR LAKE - CHERRYWOOD INC