Cedar Innovation Foundation Inc (EIN 923678017) - 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

2023

Legal Domicile

Principal Officer

Chase Goodwin

Phone

6784283837

Tax Period

2023-04-24 to 2023-12-31

Cedar Innovation Foundation Inc, founded in 2023, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2023. The organization ran a surplus of $5.6M, a strong 87% operating margin.

Mission

Cedar Innovation Foundation is organized for educational purposes, to help policymakers and the public understand the importance of cryptocurrency and blockchain technology, as well as, its impacts on economic, social and national interest. The organization also exists for the purpose of making distributions to organizations that qualify as exempt organizations under the Internal Revenue Code.

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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 $6,500,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,500,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,240

Fundraising Expenses $0

Program Expenses $875,594

Other Expenses $835,794

TOTAL EXPENSES $877,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,500,000	N/A	N/A
Expenses	$877,034	N/A	N/A
Net Income	$5,622,966	N/A	N/A

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

$6,000

Total Directors

$41,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chase Goodwin	President and Director	5.00	Officer Director	$6,000	$0	$6,000
Tyler Whirty	Director	5.00	Director	$29,240	$0	$29,240
Declan Hahn	Director	5.00	Director	$6,000	$0	$6,000
John Collins	Director	5.00		$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	$6,500,000	$877,034	$5,649,076	$5,622,966

Cedar Innovation Foundation Inc