Ceder Lake - Washburn Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2013, with $66,746 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$67K
▼ 16.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$99K
Net assets
$745K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ceder Lake - Washburn Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ceder Lake - Washburn Inc: 91 mo reserves · -48% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ceder Lake - Washburn Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ceder Lake - Washburn Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.1M (FY2013) to $67K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-47.8%
Spent more than it raised in the latest fiscal year.
Total assets
$761K
Total liabilities
$15K
Net assets
$745K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,746▼16.7% | $98,673▼0.1% | $745,478▼4.1% | $760,748▼4.3% | 990 |
| 2023 | $80,105▲30.6% | $98,821▲0.7% | $777,405▼2.4% | $794,866▼3.1% | 990 |
| 2022 | $61,344▼17.9% | $98,113▲7.4% | $796,121▼4.4% | $820,087▼2.9% | 990 |
| 2021 | $74,698▲32.4% | $91,350▲3.3% | $832,890▼2.0% | $844,837▼3.5% | 990 |
| 2020 | $56,422▼10.2% | $88,464▼1.5% | $849,542▼3.6% | $875,811▼2.9% | 990 |
| 2019 | $62,860▲9.8% | $89,795▲1.3% | $881,584▼3.0% | $901,564▼3.3% | 990 |
| 2018 | $57,236▼9.5% | $88,646▲1.0% | $908,519▼5.1% | $932,636▼4.1% | 990 |
| 2016 | $63,260▲15.6% | $87,749▲6.6% | $957,646▼2.5% | $972,744▼3.6% | 990 |
| 2015 | $54,744▲7.2% | $82,300▼2.2% | $982,135▼2.7% | $1,009,162▼3.9% | 990 |
| 2014 | $51,051▼95.4% | $84,191▲16.2% | $1,009,691▼3.2% | $1,050,613▼1.2% | 990 |
| 2013 | $1,115,285 | $72,454 | $1,042,831 | $1,063,786 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Ceder Lake - Washburn Inc (EIN 45-5615737) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.