CEDARSASPENS (EIN 870792716) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

SARAH RIMMELE

Phone

9493905901

Tax Period

2023-01-01 to 2023-12-31

CEDARSASPENS, founded in 2014, is a small nonprofit in the Diseases & Disorders sector that reported $522K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $648K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO EXPAND THE KNOWLEDGE OF OPHTHALMIC SURGERY AND FOSTER EXCELLENCE IN PATIENT CARE THROUGH CLINICAL EXPERIENCE, PEER-TO-PEER EXCHANGE, AND PRACTICE EDUCATION.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,750

Program Service Revenue $520,569

Investment Income $0

Other Revenue $0

TOTAL REVENUE $522,319

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $638,019

Other Expenses $618,129

TOTAL EXPENSES $648,129

Year-over-Year Comparison

	2023	2022	Change
Revenue	$522,319	$555,630	-0.1%
Expenses	$648,129	$357,952	+0.8%
Net Income	$-125,810	$197,678	-1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR DENISE VISCO	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
DR JAMES KATZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR ZAINA AL-MOHTASEB	BOARD MEMBER	1.00	Director	$0	$0	$0
DR LISA FEULNER	BOARD MEMBER	0.50	Director	$0	$0	$0
DR KOURTNEY HOUSER	BOARD MEMBER	0.50	Director	$0	$0	$0
DR SUMITRA KHANDELWAL	INCOMING PRESIDENT	0.50	Officer Director	$0	$0	$0
DR JODI LUCHS	BOARD MEMBER	0.50	Director	$0	$0	$0
DR MARK MILNER	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
DR RICHARD DAVIDSON	BOARD MEMBER	0.50	Director	$0	$0	$0
DR DEE STEPHENSON	BOARD MEMBER	0.50	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	No data	No data	No data	No data
2023	$522,319	$648,129	$411,398	$-125,810
2022	$555,630	$357,952	$537,208	$197,678
2021	$424,269	$410,823	$339,532	$13,446
2020	$397,369	$314,707	$326,086	$82,662
2019	$550,435	$570,483	$243,424	$-20,048
2018	$564,150	$516,692	$263,472	$47,458

CEDARSASPENS