Cedar Fund of the Confederated Tribes of the Colville Reservation
Nonprofit profile at a glance
- EIN
- 833208022
- IRS 990 coverage
- 2023–2023
- Forms available
- Form 990 2023, Form 990-N 2022
- Location
- Nespelem, WA, USA
- Phone
- 5094297490
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $1,805,381
- Expenses
- $243,667
- Assets
- $2,154,381
- Liabilities
- $546,546
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CHAD S MARCHAND (ED/PRESIDENT/SECRETARY)
People named in this filing
- MATTHEW PLEASANTS (CHAIR)
- BILLY NICHOLSON (VICE-CHAIR)
- TAMMY JAMES (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To mobilize resources for promoting culture preservation, economic development, education, civil participation and the overall health of native people and our communities.
What it reported doing in 2023
These are the initiatives for the current year: culture & health: the cedar fund launched the home re(build) program to address the reservation's housing shortage, targeting the development of five transitional and executive homes to support workforce recruitment and retention. Economic development: the fund partnered with retail strategies to attract new commercial opportunities and expand retail options, creating jobs and improving quality of life. Agricultural initiatives were also advanced to diversify the economy and build long-term resilience in response to housing shortages, workforce challenges, and inflationary pressures.education: the cedar fund established the colville (1st) network to connect students with mentors and professionals for career exploration, skills training, and leadership development. In addition, a student loan repayment endowment was created to reduce financial burdens on tribal graduates and encourage skilled professionals to return and serve their communities.civic engagement: to strengthen civic participation, the fund organized and broadcast colville business council candidate forums in partnership with the youth development program and skybear media. These efforts expanded transparency, improved access to election dialogue, and encouraged youth engagement in civic life.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 86
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.4%; rating input score 9
- Program expense ratio: 70%; rating input score 70
- Fundraising efficiency: $9.51 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 86.5%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 8.84; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 9.4% of revenue deployed · 70% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $171K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 9/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.