LHousing & ShelterEIN: 611247246· Ruling Year: 1995

Cedar Lake Residences Inc

Louisville, Kentucky

B-Health Score
46B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

💰
$7.2M
Total Revenue
📊
$7.9M
Total Expenses
🏦
$1.1M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.7%
Year-over-year change (2022 → 2023)
Net Margin
-9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
63.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,216,3684%$7,919,24214%$2,944,769
2022$7,496,3785%$6,970,9021%$2,935,72328%
2021$7,918,00838%$6,883,7484%$2,301,08611%
2020$5,741,82218%$7,179,7515%$2,589,5442%
2019$6,990,27320%$7,563,69911%$2,651,89921%
2018$5,827,8474%$6,841,3174%$3,342,74013%
2017$6,076,5557%$6,588,3816%$3,850,3367%
2016$6,515,34511%$6,192,02217%$4,122,7928%
2015$7,335,10317%$7,494,41411%$3,815,14015%
2014$6,248,5434%$6,731,3628%$4,503,92110%
2013$5,997,2904%$6,255,36513%$5,017,3155%
2012$6,260,3836%$5,530,9109%$4,785,5169%
2011$5,893,911$5,092,988$4,377,913

Frequently Asked Questions

What does Cedar Lake Residences Inc do?

Cedar Lake Residences Inc is a housing & shelter nonprofit organization based in Kentucky. It is classified under NTEE code L80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cedar Lake Residences Inc financially healthy?

Based on our 9-metric Financial Health Score model, Cedar Lake Residences Inc has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cedar Lake Residences Inc generate?

Cedar Lake Residences Inc reports $8.0M in annual revenue and holds $3.0M in total assets, based on IRS filings.

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