CEDAR LAKE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

CEDAR LAKE FOUNDATION INC

EIN 61-1093278 · Human Services (P112)

What they do

CEDAR LAKE FOUNDATION, INC. is DEFINED BY THE IRS AS A 501(C)(3) NONPROFIT and (SEE SCHEDULE O) "PUBLIC CHARITY" UNDER SECTION 509(A)(1) and PERFORMS FUNDRAISING, FUND MANAGEMENT, FUND DISTRIBUTIONS, MARKETING and COMMUNICATIONS to SUPPORT THE MISSION of CEDAR LAKE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $49.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

22.79%of revenue went to mission work49.1% of expenses · Program services

17.30%of revenue went to fundraising37.3% of expenses

$46.45spent for every $100 of revenueRevenue covered expenses this year.

6.36%of revenue went to management and office costs13.7% of expenses

$19.24in assets for every $1 spent this yearSome assets cannot be spent right away.

31.6%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $140,955 for JULIE TORZEWSKI (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,016,543

Mission workProgram services$915,43422.79% of revenue49.1% of expenses

ManagementOffice and general costs$255,3186.36% of revenue13.7% of expenses

FundraisingAsking for donations$695,02417.30% of revenue37.3% of expenses

Revenue left after expensesReported annual surplus$2,150,76753.55% of revenueShown in gray on the chart

Total expenses$1,865,77646.45% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202549.1% mission

202434.2% mission

202332.0% mission

202265.4% mission

202162.0% mission

202049.4% mission

201958.9% mission

201859.7% mission

Money in and money out

Revenue$4,016,543

Expenses$1,865,776

Annual surplus $2,150,767 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$915,434 · 49.1% of expenses

Management and office costs$255,318 · 13.7% of expenses

Fundraising$695,024 · 37.3% of expenses

See all reported dollar amounts

Revenue$4,016,543

Expenses$1,865,776

Assets$35,890,348

Income$11,155,850

Contributions$1,270,322

Mission work (program services)$915,434

Fundraising$695,024

Grants given$9,641,450

Average grant$459,117

Management and general$255,318

Executive compensation (total)$261,678

Stocks and bonds$34,151,863

Accounting fees$21,000

Investing fees$150,665

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JULIE TORZEWSKIEXECUTIVE DIRECTOR · 40 hrs/week $140,955Base $123,364 · Other $17,591

MARGARET WAUGHVP OF FINANCE · 13 hrs/week $36,176Base · Other $36,176

RICK DAVISPRESIDENT AND CEO · 10 hrs/week $18,760Base · Other $18,760

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

JULIE TORZEWSKIEXECUTIVE DIRECTOR

MARGARET WAUGHVP OF FINANCE

RICK DAVISPRESIDENT AND CEO

BARBARA FORDSECRETARY

BRUCE YUNGMANDIRECTOR

BRYAN BAINDIRECTOR

JOHN NORDSTROMCHAIR

KEVIN JOYNTTREASURER

MARK COOKSEYVICE CHAIR

About this charity

Recognized since: January 1986
Location: 9901 LINN STATION ROAD 901, LOUISVILLE, KY 40223
County: Jefferson
In care of: RICK DAVIS
Primary officer: RICK DAVIS, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@cedarlake.org Phone(502) 495-4946

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: DEMING MALONE LIVESAY & OSTROFF PSC
NTEE classification: Human Services (P112)
IRS tax category: Other Management Consulting Services
Grant-giving organization: Yes