Overview
What is Cedar Lake Ministries?
Cedar Lake Ministries is a nonprofit organization situated in Cedar Lake, Indiana. With a mission to facilitate life-transforming experiences for evangelism and spiritual growth, they offer a conducive environment for personal development. The organization has a dedicated workforce of 76 individuals. In the course of the year, they received a gift-in-kind of a 2000 Chevrolet Express Van valued at $2,104 and contributed $275 worth of donated services and gifts-in-kind for installing sheet vinyl flooring in the infirmary. These contributions, while significant, were not included in the revenue for the financial statements. Overall, Cedar Lake Ministries is committed to fostering spiritual growth and evangelism through their activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Cedar Lake Ministries has received a Three-Star rating from Charity Navigator, indicating a satisfactory performance in accountability and finance. The organization scored 75% overall, with the score reflecting strong practices in their financial management and governance. The high accountability score suggests that Cedar Lake Ministries maintains a transparent and responsible approach to its operations.
The organization boasts an entirely independent board, which enhances its governance structure. Notably, Cedar Lake Ministries has demonstrated a solid commitment to financial integrity, with a low liabilities-to-assets ratio of 11.01%. Additionally, it has a high program expense ratio of 79.31%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.
While the organization shows strengths in many areas, it is important for potential donors and stakeholders to assess the overall impact of its programs. The financial health and governance practices are commendable, but understanding the effectiveness of its services would provide a more comprehensive view of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Lake Ministries legitimate?
Cedar Lake Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Lake Ministries submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $708,787
For more financial information, click here
What is the mission statement of Cedar Lake Ministries?
Cedar Lake Ministries is committed to offering a transformative environment that fosters evangelism and spiritual growth. Their primary objective is to facilitate personal change and spiritual development. Throughout the year, the organization receives donations in various forms, including a 2000 Chevrolet Express van and gift-in-kind services, which are utilized in their operations but not included in their revenue. These contributions demonstrate the support and dedication of their community towards their mission.
Who is the CEO of Cedar Lake Ministries?
Sandra L Perzee is the President of Cedar Lake Ministries.
What is the revenue of Cedar Lake Ministries?
Cedar Lake Ministries's revenue in 2022 was $1,479,355.
Who are the executives of Cedar Lake Ministries and what are their salaries?
The average compensation at Cedar Lake Ministries during 2022 was $9,326. There are 76 employees and 65 volunteers at Cedar Lake Ministries.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Cedar Lake Ministries?
Cedar Lake Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cedar Lake Ministries
Cedar Lake Ministries is dedicated to creating a transformative environment that fosters both evangelism and spiritual growth. Their mission is to provide a setting where individuals can undergo a significant change in their lives, spiritually speaking. Throughout the year, the organization receives support in various forms, including the donation of a 2000 Chevrolet Express Van and contributions of donated services and gifts-in-kind for various projects, such as the installation of a sheet vinyl flooring in the infirmary. These contributions, amounting to $2,379, are utilized in the preparation of financial statements, although they are not included in the revenue reporting.
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Impact
October, 2024
Cedar Lake Ministries fosters a transformative environment for evangelism and spiritual growth, significantly impacting individuals and communities. Through various initiatives, it creates avenues for personal development and deepening faith. The organization is dedicated to facilitating meaningful experiences that promote growth in spirituality and community engagement.
Over the past year, Cedar Lake Ministries has received donations such as a 2000 Chevrolet Express van, valued at $2,104, enhancing its transportation capabilities to better serve its mission. Additionally, it has benefited from $275 worth of donated services for the installation of flooring in the infirmary, contributing to a more welcoming and functional space. These contributions, totaling $2,379, play a vital role in sustaining their operations and enriching the environment for participants.
By focusing on evangelism and spiritual development, Cedar Lake Ministries cultivates a positive influence, helping individuals navigate their spiritual journeys and build connections within the community. This commitment to fostering faith-based growth has a lasting impact on the lives it touches, creating lasting change and inspiration.
This information is meant to be a general summary of Cedar Lake Ministries. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$7,957
- Program Service Revenue: $1,368,242
- Gross Receipts: $1,504,619
Assets and Liabilities:
- Total Assets: $4,315,256
- Total Liabilities: $475,527
- Net Assets: $3,839,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPS AND CONFERENCE FEES
Revenue
$1,291,565
Membership Dues & Assessments
Revenue
$76,677
Organization Details
Phone
(219) 374-5981Principal Officer
Sandra L Perzee
Main Address
PO BOX 665, CEDAR LAKE, IN, 46303
NTEE Category
Code: X20 - Religion related
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