Committe On Better Racial Assurance

EIN: 570523813 501(c)(3) Diseases & Disorders

North Charleston, SC

Total Revenue
$198,039
Total Expenses
$157,399
Total Assets
$357,486
Net Assets
$357,486
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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
1973
Legal Domicile
SC
Principal Officer
Albertha Cook
Phone
8432254870
Tax Period
2024-07-01 to 2025-06-30

Committe On Better Racial Assurance, founded in 1973, is a small nonprofit in the Diseases & Disorders sector that reported $198K in total revenue in fiscal year 2024. The organization ran a surplus of $41K, a strong 21% operating margin.

Mission

The mission of COBRA is to ensure a better quality of life for all people, but espeically for African Americans, by helping people help themselves. Provide awareness, education, counseling and support to Sickle Cell patients and the general public.

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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 (2024)

Revenue Breakdown

Contributions & Grants $197,832
Program Service Revenue $33
Investment Income $174
Other Revenue $0
TOTAL REVENUE $198,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,851
Fundraising Expenses $120
Program Expenses $118,943
Other Expenses $52,548
TOTAL EXPENSES $157,399

Year-over-Year Comparison

2024 2023 Change
Revenue $198,039 $185,054 +0.1%
Expenses $157,399 $158,098 0.0%
Net Income $40,640 $26,956 +0.5%
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
5
Independent Members
5
Employees
2
Volunteers
13

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
1
$76,949
Total Directors
5
$0
Key Employees
1
$76,949
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Albertha H Cook Executive Director 24.00
Officer Key Emp
$76,949 $0 $76,949
Lawrence J Huger Financial Officer 4.00
Director
$0 $0 $0
James Heyward Board Member 2.00
Director
$0 $0 $0
William Saunders Founder 0.00
Director
$0 $0 $0
Barbara D Dilligard Former Board Member 7.00
$0 $0 $0
Sarah D Williams Chairperson 3.00
Director
$0 $0 $0
Sean M Wilson Board Member 3.00
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 $198,039 $157,399 $357,486 $40,640
2024 $185,054 $158,098 $317,080 $26,956
2023 $188,574 $184,818 $298,927 $3,756
2022 $187,081 $176,147 $295,904 $10,934
2021 $178,984 $178,999 $295,308 $-15
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