LUBBOCK, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE PARENTING COTTAGE, founded in 1982, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $997K left a modest 8% surplus.
THE VISION OF THE PARENTING COTTAGE IS TO BUILD A STRONG COMMUNITY BY FIRST BUILDING STRONG FAMILIES. THE VISION IS IMPLEMENTED THROUGH THE DELIVERY OF PROGRAM SERVICES, ADHERING TO THE AGENCY'S MISSION STATEMENT OF PROVIDING HOPE, EDUCATION, RESOURCES AND ENCOURAGEMENT TO FAMILIES WITH CHILDREN AGES 0 - KINDERGARTEN ENTRY.
THE PARENTING COTTAGE PROVIDED A BROAD RANGE OF EDUCATIONAL SERVICES TO FAMILIES IN LUBBOCK COUNTY, INCLUDING THE IMPLEMENTATION OF AN IN HOME VISITATION PROGRAM UTILIZING A NATIONALLY RECOGNIZED...
THE PARENTING COTTAGE PROVIDED A BROAD RANGE OF EDUCATIONAL SERVICES TO FAMILIES IN LUBBOCK COUNTY, INCLUDING THE IMPLEMENTATION OF AN IN HOME VISITATION PROGRAM UTILIZING A NATIONALLY RECOGNIZED CURRICULUM, PARENTS AS TEACHERS, THAT PROVIDES PARENTING EDUCATION, EARLY CHILDHOOD DEVELOPMENT EDUCATION AND TOOLS FOR PARENTS TO MOVE THEIR FAMILY TOWARDS SELF-SUFFICIENCY, INCREASING THE STRENGTH OF THE FAMILY UNIT AND THEIR ABILITY TO SUSTAIN THEIR FAMILY. THE MAJORITY OF FAMILIES SERVED PRESENT WITH MULTIPLE CHALLENGES INCLUDING THE LACK OF BASIC RESOURCES, INCOMES BELOW THE POVERTY LEVEL, LOW EDUCATIONAL ATTAINMENT AND INADEQUATE OR INACCURATE KNOWLEDGE OF EARLY CHILDHOOD DEVELOPMENT. OTHER HIGH RISK FACTORS FOR FAMILY STABILITY INCLUDE FIRST TIME PARENTS, SINGLE PARENTS AND TEEN PARENTS. EVIDENCE BASED EDUCATIONAL PROGRAMS PROVIDED ALMOST 9,000 CLIENT ENCOUNTERS WITH FAMILIES IN 2024. THE PARENTS AS TEACHERS HOME VISITING PROGRAM PROVIDED ALMOST 40% OF THE TOTAL ENCOUNTERS SERVING JUST OVER 200 FAMILIES IMPACTING OVER 400 CHILDREN. GROUP PARENTING EFFORTS FOR PARENTS EXPECTING A BABY AND FOR THOSE ATTEMPTING REUNIFICATION OF THEIR FAMILIES FOLLOWING A LEGAL INTERVENTION BY CHILD PROTECTIVE SERVICES PROVED OVER 650 CLIENT ENCOUNTERS WITH PARENTS IMPACTING AN ADDITIONAL 300 CHILDREN. THE REMAINDER OF THE AGENCY'S EFFORTS WERE DIRECTED TOWARDS THE AGENCY'S CAR ASSISTANCE PROGRAM WHICH WAS ABLE TO RETURN TO SERVICE FOR A PORTION OF THE YEAR FOLLOWING COVID RESTRICTIONS BY SERVING JUST OVER 60 FAMILIES PROVIDING CAR SEATS TO PARENTS UNABLE TO PURCHASE A CAR SEAT FOR THEIR CHILD. EARLY LITERACY EFFORTS TO IMPROVE SCHOOL READINESS ACROSS THE COMMUNITY WERE COMPLETED IN PARTNERSHIP WITH 7 LOCAL LIBRARIES IN LUBBOCK COUNTY WITH PARTICIPATION BY OVER 4,700 PARENTS AND CHILDREN.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,083,843 | $949,839 | +0.1% |
| Expenses | $997,426 | $866,613 | +0.2% |
| Net Income | $86,417 | $83,226 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR JAY ADKINS | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR KATHLEEN NICHOLS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RICK SCOTT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TRACY MCALISTER | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WM BILL MURRAY | CHAIRMAN | 2.00 |
Director
|
$0 | $0 | $0 |
| JON MARK BERNAL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA REID | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREW BECK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA MONTOYA | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| STACI ORTIZ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHELSEA SALAZAR | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMMI WOOD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NICK HAIGOOD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DONNA CORBIN | CHAIRMAN | 2.00 |
Director
|
$0 | $0 | $0 |
| TIM FOX | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE HUNTER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LESLIE KASCAL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CARLA OLSON | EXECUTIVE DIRECTOR | 55.00 |
Officer
|
$90,000 | $0 | $90,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,083,843 | $997,426 | $1,514,848 | $86,417 |
| 2023 | $949,839 | $866,613 | $1,425,112 | $83,226 |
| 2022 | $828,479 | $746,481 | $1,336,918 | $81,998 |
| 2021 | $810,445 | $706,564 | $1,257,675 | $103,881 |
| 2020 | $758,103 | $650,044 | $1,152,440 | $108,059 |
| 2019 | $788,197 | $676,227 | $1,041,311 | $111,970 |
| 2018 | $673,717 | $577,652 | $900,672 | $96,065 |
Compare THE PARENTING COTTAGE with other nonprofits in Texas and across the country.