Civic Intelligence

The Cedar Spray Foundation

990PF • Fiscal year 2022 • EIN 82-5332387

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 21, 2023

Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

100th percentile

6571%

Higher net margin than 100% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Asset Growth

24th percentile

-7.2%

Faster asset growth than 24% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Assets

Down

$5,044,271

Down $390,908 (-7.2%) from 2021

Net Assets

Down

$5,044,271

Down $390,908 (-7.2%) from 2021

Liabilities

Flat

$1

Flat from 2021

Revenue

Down

-$5,949

Down $533,272 (-101%) from 2021

Expenses

Up

$384,959

Up $60,255 (+19%) from 2021

Net Income

Down

-$390,908

Down $593,527 (-293%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2019: $1Liabilities 2019: $6,500Net Assets 2019: -$6,4992019Assets 2020: $5,239,060Liabilities 2020: $6,500Net Assets 2020: $5,232,5602020Assets 2021: $5,435,179Liabilities 2021: $1Net Assets 2021: $5,435,1792021Assets 2022: $5,044,271Liabilities 2022: $1Net Assets 2022: $5,044,2712022Assets 2023: $4,846,395Liabilities 2023: $1Net Assets 2023: $4,846,3952023Assets 2024: $4,774,801Liabilities 2024: $0Net Assets 2024: $4,774,8012024

Highlighted filing

2022

Assets$5,044,271
Liabilities$1
Net Assets$5,044,271

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $1Expenses 2019: $0Net Income 2019: $12019Revenue 2020: $807,139Expenses 2020: $331,869Net Income 2020: $475,2702020Revenue 2021: $527,323Expenses 2021: $324,704Net Income 2021: $202,6192021Revenue 2022: -$5,949Expenses 2022: $384,959Net Income 2022: -$390,9082022Revenue 2023: $143,768Expenses 2023: $341,644Net Income 2023: -$197,8762023Revenue 2024: $285,437Expenses 2024: $357,031Net Income 2024: -$71,5942024

Highlighted filing

2022

Revenue-$5,949
Expenses$384,959
Net Income-$390,908
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 21, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian A SchwalbachDir, Sec-$0--
Mari Angela M SchwalbachDir, Pres-$0--
Nathan P SchwalbachDir, Treas-$0--
Winsome Y SchwalbachDir, VP-$0--
Filing and Contact Details

Filer

Filer Name
The Cedar Spray Foundation
EIN
82-5332387
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Nathan Schwalbach
Title
Treasurer
Phone
8008391754
Signed
2023-09-21
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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