Cedar Wood Foundation Inc
- Assets
- $827.2k
- Revenue
- $361.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Newton, MA
- Founding
- 11/1995
- Data as of
- 12/2022
- EIN
- 04-3244632
Organization Overview
Cedar Wood Foundation Inc is located in Newton, MA. The organization was established in 1995. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Cedar Wood Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Wood Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cedar Wood Foundation Inc generated $361.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $208.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CEDAR WOOD PROGRAMS EMPOWER WOMEN TO FIND MEANING AND PURPOSE IN WORK; PROVIDE PROFESSIONAL TRAINING AND MENTORING TO YOUNG GIRLS, HIGH SCHOOL AND COLLEGE STUDENTS, AS WELL AS WOMEN OF ALL AGES AND IN ALL PHASES OF PROFESSIONAL AND FAMILY LIFE; POSITIONS WOMEN TO SERVE AND LEAD IN THEIR LOCAL COMMUNITIES AND FIELDS OF PROFESSIONAL WORK. SPECIFIC PROGRAMS INCLUDE: MEDICAL INTEREST GROUP, MEDICAL CAREER SEMINAR, BEACON LEADERSHIP BOSTON WHICH INCLUDES SERVICE AND DESIGN THINKING FOR HIGH SCHOOL STUDENTS, JUNIOR ART OF LIVING AND OCCASIONAL SPEAKER SERIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENCE FOR 9 WOMEN WHO STAFF THE EDUCATIONAL AND CULTURAL ACTIVITIES FOR THOSE SERVED BY THE FOUNDATION PROVIDING A CHRISTIAN FAMILY ATMOSPHERE AS A CENTRAL PART OF ITS MISSION.
THE FOUNDATION PROVIDES A NUMBER OF CLASSES, GATHERINGS AND SEMINARS SERVING OVER 500 WOMEN, COLLEGE AND HIGH SCHOOL GIRLS ON VIRTUES AND CHRISTIAN LIVING. CONFERENCES AND SEMINARS INCLUDING MONTHLY FULL DAY AND HALF DAY SEMINARS IN PHILOSOPHY AND THEOLOGY, WEEKLY CLASSES ON VIRTUES AND CHRISTIAN LIVING, MONTHLY HOME ECONOMY AND CHARACTER CLASSES, WEEK LONG CONFERENCES ON FAMILY DEVELOPMENT, TUTORING FOR INNER CITY GIRLS AND SOCIAL GATHERINGS FOR SUPPORT AND COMMUNITY FOR THOSE ATTENDING THE EDUCATIONAL SERVICES PROVIDED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmel Kelly President | OfficerTrustee | 5 | $0 |
Diane Patterson Clerk | OfficerTrustee | 1 | $0 |
Ellen Cavanaugh Treasurer | OfficerTrustee | 1 | $0 |
Ellen Flaherty Director | Trustee | 1 | $0 |
Margaret Whitebread Director | Trustee | 1 | $0 |
Mary Ellen Lally Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $236,308 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,308 |
| Total Program Service Revenue | $124,941 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $361,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,702 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,960 |
| Payroll taxes | $4,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,734 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,730 |
| Travel | $9,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,034 |
| Insurance | $8,789 |
| All other expenses | $89 |
| Total functional expenses | $208,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,265 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,123 |
| Net Land, buildings, and equipment | $713,852 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $827,240 |
| Accounts payable and accrued expenses | $16,506 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $150,200 |
| Total liabilities | $166,706 |
| Net assets without donor restrictions | $604,796 |
| Net assets with donor restrictions | $55,738 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $827,240 |