Civic Intelligence

Cedrus Inc

990 • Fiscal year 2021 • EIN 26-4422694

Oct 01, 2020 to Sep 30, 2021 • Filed on Jan 20, 2022

1215 SW G StreetGrants Pass, OR 97526

(541) 476-2373

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.23x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

23.01x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

5th percentile

-52%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

19th percentile

-2.5%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

41st percentile

5.7%

Faster revenue growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,719,493

Down $44,874 (-2.5%) from 2020

Net Assets

Down

-$393,746

Down $49,421 (-14%) from 2020

Liabilities

Up

$2,113,239

Up $4,547 (+0.2%) from 2020

Revenue

Up

$91,823

Up $4,933 (+5.7%) from 2020

Expenses

Up

$139,821

Up $10,271 (+7.9%) from 2020

Net Income

Down

-$47,998

Down $5,338 (-13%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $2,102,348Liabilities 2012: $2,101,750Net Assets 2012: $5982012Assets 2013: $2,112,687Liabilities 2013: $2,107,602Net Assets 2013: $5,0852013Assets 2014: $2,022,130Liabilities 2014: $2,119,965Net Assets 2014: -$97,8352014Assets 2015: $1,972,643Liabilities 2015: $2,112,385Net Assets 2015: -$139,7422015Assets 2016: $1,928,131Liabilities 2016: $2,104,815Net Assets 2016: -$176,6842016Assets 2018: $1,847,975Liabilities 2018: $2,106,838Net Assets 2018: -$258,8632018Assets 2019: $1,814,912Liabilities 2019: $2,116,577Net Assets 2019: -$301,6652019Assets 2020: $1,764,367Liabilities 2020: $2,108,692Net Assets 2020: -$344,3252020Assets 2021: $1,719,493Liabilities 2021: $2,113,239Net Assets 2021: -$393,7462021Assets 2022: $1,681,755Liabilities 2022: $2,106,913Net Assets 2022: -$425,1582022Assets 2023: $1,651,289Liabilities 2023: $2,106,971Net Assets 2023: -$455,6822023Assets 2024: $1,624,932Liabilities 2024: $2,118,900Net Assets 2024: -$493,9682024Assets 2025: $1,573,688Liabilities 2025: $2,117,929Net Assets 2025: -$544,2412025

Highlighted filing

2021

Assets$1,719,493
Liabilities$2,113,239
Net Assets-$393,746

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2012: $64,2582012Expenses 2013: $56,5742013Revenue 2014: $61,690Expenses 2014: $115,091Net Income 2014: -$53,4012014Revenue 2015: $71,259Expenses 2015: $113,166Net Income 2015: -$41,9072015Revenue 2016: $68,311Expenses 2016: $105,253Net Income 2016: -$36,9422016Revenue 2018: $83,610Expenses 2018: $119,057Net Income 2018: -$35,4472018Revenue 2019: $85,159Expenses 2019: $123,261Net Income 2019: -$38,1022019Revenue 2020: $86,890Expenses 2020: $129,550Net Income 2020: -$42,6602020Revenue 2021: $91,823Expenses 2021: $139,821Net Income 2021: -$47,9982021Revenue 2022: $96,211Expenses 2022: $127,623Net Income 2022: -$31,4122022Revenue 2023: $101,146Expenses 2023: $131,670Net Income 2023: -$30,5242023Revenue 2024: $103,720Expenses 2024: $142,006Net Income 2024: -$38,2862024Revenue 2025: $104,463Expenses 2025: $154,736Net Income 2025: -$50,2732025

Highlighted filing

2021

Revenue$91,823
Expenses$139,821
Net Income-$47,998
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jan 20, 2022
Return Version
2020v4.1
Gross Receipts
$91,823
Mission and Program Overview

Mission

Supportive housing for people with disabilities. Utilizing HUD 811 Capital Grant and HUD Project Rental Assistance Contract to serve the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,692,330$1,644,364▼ $47,966
Cash and Non-Interest-Bearing Accounts$10,991$3,512▼ $7,479
Prepaid Expenses and Deferred Charges$578$570▼ $8
Total Assets$1,764,329$1,719,493▼ $44,836
Other Assets Total$60,430$71,047▲ $10,617
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,094,150$2,094,150→ $0
Accounts Payable and Accrued Expenses$13,522$16,689▲ $3,167
Other Liabilities$2,400$2,400→ $0
Deferred Revenue$5--
Total Liabilities$2,110,077$2,113,239▲ $3,162
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-345,748$-393,746▼ $47,998
Total Net Assets Fund Balance$-345,748$-393,746▼ $47,998
Total Liabilities and Net Assets / Fund Balance$1,764,329$1,719,493▼ $44,836

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,434,083$454,420$1,888,503
Land$210,000-$210,000
Equipment$281$7,246$7,527
Other Assets Org$169--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Randy SamuelsonPresident
Peter SmithVice President
Denise OlsenBoard Member
Diane DahlgrenBoard Member
Jim BrumbachBoard Member
Kirk BrustBoard Member
Scott ChanceySecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$91,803
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$-47,998

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,823
Total Revenue per Audited Statements
$91,823
Total Revenue per Form 990
$91,823
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,541
Salaries, Compensation, and Employee Benefits$33,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$47,966--$47,966
Occupancy$37,320--$37,320
Other Salaries and Wages$29,058--$29,058
Fees for Services Management$9,998--$9,998
Fees for Services Accounting$1,728$4,700-$6,428
Office Expenses$3,648--$3,648
Other Employee Benefits$2,598--$2,598
Payroll Taxes$1,624--$1,624
Other Expenses$600--$600
Total Functional Expenses$135,121$4,700$0$139,821

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$139,821
Total Expenses per Audited Statements$139,821
Total Expenses per Form 990$139,821
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits Held$2,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A copy of this return is provided to all board members for review.

Conflict of interest policy compliance Part VI line 12C

Conflicts of interest are required to be disclosed. Monitored annually.

Governing documents etc available to public Part VI line 19

Governing documents available for public review upon request.

Filing and Contact Details

Filer

Filer Name
Cedrus Inc
EIN
26-4422694
Address
1215 SW G Street, Grants Pass, OR 97526
Doing Business As
The Cedars Apartments

Signing Officer

Name
Karla McCafferty
Title
Executive Direc
Phone
5414762373
Signed
2022-01-20
Discuss with paid preparer
No

Organization Details

Principal Officer
Randy Samuelson
Formed
2009
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Michael Rice CPA
Address
1245 Goldcrest Ave NW, Salem, OR 97304
Preparer
Michael Rice CPA
Phone
5033028426
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Residual Receipt Reserve
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits Held
IRS990ScheduleD/RevenueSubtotalAmt091823
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01644364
IRS990ScheduleD/TotalBookValueOtherAssetsAmt071047
IRS990ScheduleD/TotalExpensesPerForm990Amt0139821
IRS990ScheduleD/TotalLiabilityAmt02400
IRS990ScheduleD/TotalRevenuePerForm990Amt091823
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt091823
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0139821
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of this return is provided to all board members for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflicts of interest are required to be disclosed. Monitored annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents available for public review upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01764329
IRS990/TotalAssetsEOYAmt01719493
IRS990/TotalAssetsGrp/BOYAmt01764329
IRS990/TotalAssetsGrp/EOYAmt01719493
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04700
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0135121
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139821
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02110077
IRS990/TotalLiabilitiesEOYAmt02113239
IRS990/TotalLiabilitiesGrp/BOYAmt02110077
IRS990/TotalLiabilitiesGrp/EOYAmt02113239
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-345748
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-393746
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0135121
IRS990/TotalProgramServiceRevenueAmt091803
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091803
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091823
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01764329
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01719493
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.optionsonline.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Karla McCafferty
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum05414762373
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CEDRUS INC
ReturnHeader/Filer/BusinessNameControlTxt0CEDR
ReturnHeader/Filer/EIN0264422694
ReturnHeader/Filer/USAddress/AddressLine1Txt01215 SW G Street
ReturnHeader/Filer/USAddress/CityNm0Grants Pass
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097526
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0543137813
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael Rice CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01245 Goldcrest Ave NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097304
ReturnHeader/PreparerPersonGrp/PhoneNum05033028426
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Rice CPA
ReturnHeader/ReturnTs02022-02-18T16:47:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Karla
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McCafferty
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.57$2.12$0.54$0.10$0.15$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$2.12$0.49$0.10$0.14$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$2.11$0.46$0.10$0.13$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.68$2.11$0.43$0.10$0.13$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$2.11$0.39$0.09$0.14$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$2.11$0.34$0.09$0.13$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$2.12$0.30$0.09$0.12$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$2.11$0.26$0.08$0.12$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.93$2.10$0.18$0.07$0.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.97$2.11$0.14$0.07$0.11$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.02$2.12$0.10$0.06$0.12$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$2.11$0.01$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$2.10$0.00$0.06