Cedar Oaks Retirement Center Inc

EIN: 752240914 501(c)(3) Housing & Shelter

Dallas, TX

Total Revenue
$158,410
Total Expenses
$87,044
Total Assets
$1,223,667
Net Assets
$-627,954
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TX
Principal Officer
Charles L Lightner
Phone
2143769394
Tax Period
2023-01-01 to 2023-12-31

Cedar Oaks Retirement Center Inc, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $158K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $71K, a strong 45% operating margin.

Mission

Serving our community of Seniors by proving a safe environment of peace, love and family. Quality Life of Living is a top priority of the Cedar Oaks Retirement Center family and for the love ones that love them. Cedar Oaks also provides nutritional balance meals for senior citizens. Cedar Oaks Child Development Center has developed an educational structure in our community by Preparing & Educating each child Academically and spiritually in a safe environment.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $158,410
Investment Income $0
Other Revenue $0
TOTAL REVENUE $158,410

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $72,756
Other Expenses $87,044
TOTAL EXPENSES $87,044

Year-over-Year Comparison

2023 2022 Change
Revenue $158,410 $137,620 +0.2%
Expenses $87,044 $195,771 -0.6%
Net Income $71,366 $-58,151 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
1
Employees
N/A
Volunteers
5

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles L Lightner President 30.00
Officer Director
$0 $0 $0
Marcus G Lightner Vice President 0.00
Officer Director
$0 $0 $0
Doris Henry Director 0.00
Officer Director
$0 $0 $0
Tiffany Lightner Secretary 20.00
Officer Director
$0 $0 $0
Andrea Lightner Employee 30.00
$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 No data No data No data No data
2023 $158,410 $87,044 $1,223,667 $71,366
2022 $137,620 $195,771 $2,586,921 $-58,151
2021 $99,816 $59,396 $2,399,903 $40,420
2020 $156,370 $95,254 $3,040,832 $61,116
2019 $226,877 $159,286 $3,082,849 $67,591
2018 $394,700 $350,741 $4,130,495 $43,959
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Cedar Oaks Retirement Center Inc with other nonprofits in Texas and across the country.