OUT OF THE COLD CENTRE COUNTY INC

EIN: 472022203 501(c)(3) Housing & Shelter

STATE COLLEGE, PA

Total Revenue
$599,945
Total Expenses
$508,928
Total Assets
$1,268,613
Net Assets
$624,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
PA
Principal Officer
JORDAN TAYLOR
Phone
8148528864
Tax Period
2023-07-01 to 2024-06-30

OUT OF THE COLD CENTRE COUNTY INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $600K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 15% operating margin.

Mission

OUT OF THE COLD IS A COMMUNITY SUPPORTED ORGANIZATION THAT ANSWERS THE CALL TO SERVE THOSE EXPERIENCING HOMELESSNESS IN THE CENTRE COUNTY COMMUNITY BY PROVIDING SHELTER, FOOD, AND SUPPORT SERVICES DURING THE TRANSITION TO PERMANENT HOUSING.

Program Service Accomplishments

Program 1
Expenses: $455,964 Revenue: $599,945

TO PROVIDE SHELTER FOR INDIVIDUALS EXPERIENCING HOMELESSNESS.

Program 2

DURING THE FISCAL YEAR, OUT OF THE COLD RENOVATED THEIR SHELTER AT 318 SOUTH ATHERTON STREET IN THE AMOUNT OF $532,751. THESE RENOVATION EXPENSES WERE CAPITALIZED ON THE BALANCE SHEET, WHICH RESULTED...

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DURING THE FISCAL YEAR, OUT OF THE COLD RENOVATED THEIR SHELTER AT 318 SOUTH ATHERTON STREET IN THE AMOUNT OF $532,751. THESE RENOVATION EXPENSES WERE CAPITALIZED ON THE BALANCE SHEET, WHICH RESULTED IN THE STATEMENT OF REVENUES AND EXPENSES SHOWING A LARGE PROFIT. THIS PROFIT DOES NOT ACCURATELY REFLECT THE CASH OPERATIONS OF OUT OF THE COLD DURING THE FISCAL YEAR, SO IT IS ADVISED TO REFER TO THE STATEMENT OF CASH FLOWS IN THE FINANCIAL STATEMENTS FOR A MORE ACCURATE SCOPE OF OPERATIONS.

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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 $468,387
Program Service Revenue $37,992
Investment Income $3,436
Other Revenue $90,130
TOTAL REVENUE $599,945

Expense Breakdown

Grants Paid $0
Salaries & Benefits $357,236
Fundraising Expenses $26,670
Program Expenses $455,964
Other Expenses $151,692
TOTAL EXPENSES $508,928

Year-over-Year Comparison

2023 2022 Change
Revenue $599,945 $447,020 +0.3%
Expenses $508,928 $571,680 -0.1%
Net Income $91,017 $-124,660 -1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
26
Volunteers
200

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
5
$52,500
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENDRA GETTIG PRESIDENT 5.00
Officer Director
$0 $0 $0
PHILLIP JONES VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
CHARLES ASCOLESE SECRETARY 5.00
Officer Director
$0 $0 $0
JIM MAUND CO-TREASURER 5.00
Officer Director
$0 $0 $0
LAUREL MARTINEZ CO-TREASURER 2.00
Director
$0 $0 $0
JOHN MCCULLAH BOARD MEMBER 2.00
Director
$0 $0 $0
MARY HROMNAK BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISTA GALLAGHER BOARD MEMBER 2.00
Director
$0 $0 $0
AMY BOWSER BOARD MEMBER 2.00
Director
$0 $0 $0
JAY AUBUCHON BOARD MEMBER 2.00
Director
$0 $0 $0
SUE DISSINGER BOARD MEMBER 2.00
Director
$0 $0 $0
ROMAN BUTTERS BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE BREUNINGER BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE BREUNINGER BOARD MEMBER 2.00
Director
$0 $0 $0
DARLENE CLARK BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL CLARK BOARD MEMBER 2.00
Director
$0 $0 $0
JORDAN TAYLOR EXECUTIVE DIRECTOR 40.00
Officer
$52,500 $0 $52,500
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 $599,945 $508,928 $1,268,613 $91,017
2023 $447,020 $571,680 $1,114,396 $-124,660
2022 $1,149,869 $384,279 $884,083 $765,590
2022 $466,613 $404,456 $866,983 $62,157
2021 $346,464 $362,383 $123,809 $-15,919
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