COTTAGE COVE COMPANY (EIN 311485047) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

BRENT MACDONALD

Phone

6152922303

Tax Period

2024-01-01 to 2024-12-31

COTTAGE COVE COMPANY, founded in 1995, is a small nonprofit in the Religion sector that reported $349K in total revenue in fiscal year 2024. Net assets of $1.4M represent 49 months of operating reserves.

Mission

COTTAGE COVE PROVIDES EDUCATIONAL, ARTS, AND LIFE-SKILLS OPPORTUNITIES TO AT-RISK CHILDREN AND TEENS, PLUS BIBLICALLY BASED SPIRITUAL AND CHARACTER INSTRUCTION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $329,152

Program Service Revenue $8,240

Investment Income $19,280

Other Revenue $-7,599

TOTAL REVENUE $349,073

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,055

Fundraising Expenses $5,811

Program Expenses $335,537

Other Expenses $164,392

TOTAL EXPENSES $372,447

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,073	$346,754	+0.0%
Expenses	$372,447	$348,730	+0.1%
Net Income	$-23,374	$-1,976	+10.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

320

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

$59,705

Total Directors

$59,705

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENT MACDONALD	EXECUTIVE DIRECTOR	50.00	Officer Director	$35,073	$24,632	$59,705
LYNNE BLACK	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE HARRELL	DIRECTOR	1.00	Director	$0	$0	$0
PETER MIDDLETON	DIRECTOR	1.00	Director	$0	$0	$0
TED MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN BARNES	DIRECTOR	1.00	Officer Director	$0	$0	$0
JOSH SWAFFORD	DIRECTOR	1.00	Director	$0	$0	$0
KYLE BULLOCK	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTI SAMPSON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG BARR	CHAIRMAN	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
2024	$349,073	$372,447	$1,430,965	$-23,374
2023	$346,754	$348,730	$1,454,339	$-1,976
2022	$309,646	$442,824	$1,456,315	$-133,178
2021	$541,158	$302,760	$1,589,494	$238,398
2020	$404,935	$293,491	$1,351,096	$111,444
2019	$1,125,240	$295,680	$1,239,652	$829,560
2018	$281,276	$272,847	$410,092	$8,429

COTTAGE COVE COMPANY