THE COTTAGE SCHOOL EDUCATIONAL RESOURCE CENTER INC

EIN: 581484540 501(c)(3) Education

ROSWELL, GA

Total Revenue
$8,912,841
Total Expenses
$9,374,756
Total Assets
$18,759,100
Net Assets
$9,674,537
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
GA
Principal Officer
KELLEY LEROY
Phone
7706418688
Tax Period
2023-06-01 to 2024-05-31

THE COTTAGE SCHOOL EDUCATIONAL RESOURCE CENTER INC, founded in 1985, is a community nonprofit in the Education sector that reported $8.9M in total revenue in fiscal year 2023.

Mission

TO PREPARE STUDENTS WITH SPECIAL LEARNING NEEDS FOR FULFILLMENT OF THEIR TRUE POTENTIAL.

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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 $198,331
Program Service Revenue $8,177,301
Investment Income $430,917
Other Revenue $106,292
TOTAL REVENUE $8,912,841

Expense Breakdown

Grants Paid $265,524
Salaries & Benefits $6,527,530
Fundraising Expenses $287,125
Program Expenses $6,428,971
Other Expenses $2,581,702
TOTAL EXPENSES $9,374,756

Year-over-Year Comparison

2023 2022 Change
Revenue $8,912,841 $9,114,924 0.0%
Expenses $9,374,756 $8,793,716 +0.1%
Net Income $-461,915 $321,208 -2.4%
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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Governance

Voting Members
22
Independent Members
22
Employees
103
Volunteers
56

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
7
$448,880
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY BUHLER BOARD MEMBER 1.00
Director
$0 $0 $0
KIRK BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
SHICA BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HAGAN EXECUTIVE ADVISOR 1.00
Officer Director
$0 $0 $0
DOUG CURLING BOARD MEMBER 1.00
Director
$0 $0 $0
AMY GATES-STROUD BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLY RANNEY BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN MENSE BOARD MEMBER 1.00
Director
$0 $0 $0
TILLIE O'NEAL BOARD MEMBER 1.00
Director
$0 $0 $0
RONALD MERLIN BOARD MEMBER 1.00
Director
$0 $0 $0
DENISE BETTS BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE BASSETT BOARD MEMBER 1.00
Director
$0 $0 $0
RICH ALTERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
KADIJAH VICKERS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BARBER BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY HUMPHRIES BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF KINCAID BOARD MEMBER 1.00
Director
$0 $0 $0
WALLY MROZIK PAST-PRESIDENT 1.00
Director
$0 $0 $0
GORDON OWENS PRESIDENT 1.00
Officer Director
$0 $0 $0
BECKY THELEN SECRETARY 1.00
Officer Director
$0 $0 $0
BLAKE HARBIN TREASURER 1.00
Officer Director
$0 $0 $0
KURT HILBERT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KELLEY LEROY CHIEF FINANCIAL OFFICER 40.00
Officer
$148,880 $9,144 $158,024
STEVE PALMER EXECUTIVE DIRECTOR 40.00
Officer
$270,617 $20,239 $290,856
LAURA FINNELL HIGH SCHOOL PRINCIPAL 40.00
Highest
$110,861 $4,403 $115,264
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 $8,912,841 $9,374,756 $18,759,100 $-461,915
2023 $9,114,924 $8,793,716 $18,873,988 $321,208
2022 $9,463,796 $7,718,839 $19,413,651 $1,744,957
2021 $8,358,203 $6,624,264 $14,525,729 $1,733,939
2020 $7,300,601 $6,472,834 $12,915,316 $827,767
2019 $6,523,472 $5,843,182 $11,281,646 $680,290
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