THE COTTAGERS INC

EIN: 043016897 501(c)(3) Public & Societal Benefit

OAK BLUFFS, MA

Total Revenue
$144,935
Total Expenses
$78,398
Total Assets
$391,953
Net Assets
$391,953
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MA
Tax Period
2023-01-01 to 2023-12-31

THE COTTAGERS INC, founded in 1969, is a small nonprofit in the Public & Societal Benefit sector that reported $145K in total revenue in fiscal year 2023. The organization ran a surplus of $67K, a strong 46% operating margin.

Mission

TO PROMOTE AND HELP SUPPORT FINANCIALLY,WORTHWHILE CHARITABLE AND EDUCATIONAL PROJECTS, WHICH IMPROVE THE QUALITY OF LIVING IN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $81,768
Program Service Revenue $0
Investment Income $119
Other Revenue $63,048
TOTAL REVENUE $144,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $78,398
TOTAL EXPENSES $78,398

Year-over-Year Comparison

2023 2022 Change
Revenue $144,935 N/A N/A
Expenses $78,398 N/A N/A
Net Income $66,537 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA BUSH President 0.00
Director
$0 $0 $0
JEAN HURD Director 1.00
Director
$0 $0 $0
JULIA BURGESS ASSIST TREASURE 0.00
Director
$0 $0 $0
JANINE BANCOFT DeSILVA RECORDING SECRE 1.00
Director
$0 $0 $0
PATRICIA WASHINGTON Treasurer 0.00
Director
$0 $0 $0
KIM JONES FINANCIAL SECRE 0.00
Director
$0 $0 $0
LINDA SILVA THOMPSON PhD Vice President 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2023 $144,935 $78,398 $391,953 $66,537
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