CEDAR LAKE MINISTRIES (EIN 351111488) - 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

1915

Legal Domicile

Principal Officer

JEREMY EYLANDER

Phone

2193745941

Tax Period

2024-01-01 to 2024-12-31

CEDAR LAKE MINISTRIES, founded in 1915, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 3% surplus.

Mission

CEDAR LAKE MINISTRIES EXIST TO PROVIDE A LIFE CHANGING ENVIRONMENT FOR EVANGELISM AND SPIRITUAL GROWTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $187,888

Program Service Revenue $1,960,979

Investment Income $5,846

Other Revenue $23,280

TOTAL REVENUE $2,177,993

Expense Breakdown

Grants Paid $0

Salaries & Benefits $899,022

Fundraising Expenses $103,379

Program Expenses $1,873,470

Other Expenses $1,212,134

TOTAL EXPENSES $2,111,156

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,177,993	$1,866,213	+0.2%
Expenses	$2,111,156	$1,974,295	+0.1%
Net Income	$66,837	$-108,082	-1.6%

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

Volunteers

259

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
SANDRA PERZEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KELLY DYKSTRA	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID O'DELL	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR JOY DEWING	SECRETARY	1.00	Officer Director	$0	$0	$0
DR MARY ALICE TRENT	DIRECTOR	1.00	Director	$0	$0	$0
MARY WHITE	TREASURER	1.00	Officer Director	$0	$0	$0
LINDSEY HOELTER	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE DOUGLAS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF PETERSON	DIRECTOR	1.00	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
2024	$2,177,993	$2,111,156	$4,391,251	$66,837
2023	$1,866,213	$1,974,295	$4,220,070	$-108,082
2022	$1,479,355	$1,668,692	$4,315,256	$-189,337
2021	$1,195,811	$1,243,417	$4,549,931	$-47,606
2020	$1,103,194	$1,143,323	$4,614,866	$-40,129
2019	$1,790,408	$1,830,379	$4,538,316	$-39,971
2018	$1,749,367	$1,764,635	$4,633,707	$-15,268

CEDAR LAKE MINISTRIES