THE FRIENDS OF CEDARMERE INC (EIN 272291032) - 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

2010

Legal Domicile

Phone

5165443944

Tax Period

2023-01-01 to 2023-12-31

THE FRIENDS OF CEDARMERE INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $243K in total revenue in fiscal year 2023. Revenue surged 486% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 18% operating margin.

Mission

The Organizations mission is to preserve and promote public enjoyment of the Cedarmere estate, and to preserve and interpret the history and life of William Cullen Bryant. To accomplish this goal, the Foundation promotes, encourages and actively assists Nassau County in the preservation, restoration and maintenance of Cedarmeres historic gardens, the main house, and outbuildings, with respect to increasing public awareness and appreciation of the historical, cultural and environmental heritage of Cedarmere, and its brilliant and influential former owner, William Cullen Bryant, prominent 19th century poet, newspaper editor, abolitionist, and civic leader.

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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 (2023)

Revenue Breakdown

Contributions & Grants $242,940

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $242,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $188,285

Other Expenses $198,427

TOTAL EXPENSES $198,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$242,953	$41,451	+4.9%
Expenses	$198,427	$197,257	+0.0%
Net Income	$44,526	$-155,806	-1.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN B DAWSON JR	Director	10.00	Director	$0	$0	$0
THOMAS U POWELL	President	10.00	Officer Director	$0	$0	$0
KAREEM EL-HENEIDI	Treasurer	10.00	Officer Director	$0	$0	$0
ERIC SWENSON	Vice President	5.00	Officer Director	$0	$0	$0
KEVIN ANGLISS	Director	2.00	Director	$0	$0	$0
PAUL BASERMAN	Director	3.00	Director	$0	$0	$0
CAROL VOGT	Director	2.00	Director	$0	$0	$0
GREGORY MAY	Director	2.00	Director	$0	$0	$0
ROBERT B SARGENT	Director	2.00	Director	$0	$0	$0
REESE MICHAELS	Director	2.00	Director	$0	$0	$0
NED WIGHT	Director	2.00	Director	$0	$0	$0
SEAN ROONEY	Secretary	2.00	Officer Director	$0	$0	$0
KEN KRUMENACKER	Director	2.00	Director	$0	$0	$0

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
2023	$242,953	$198,427	$224,283	$44,526
2021	$473,988	$284,664	$335,563	$189,324

THE FRIENDS OF CEDARMERE INC