COTTAGE GROVE COMMUNITY FOUNDATION (EIN 943138507) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

ANN WHITE

Phone

5419420014

Tax Period

2024-01-01 to 2024-12-31

COTTAGE GROVE COMMUNITY FOUNDATION, founded in 1991, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $301K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 23% operating deficit.

Mission

The primary exempt purpose of the Cottage Grove Community Foundation is to create a self-perpetuating fund that will make Cottage Grove a self-sufficient, economically prosperous community in which people enjoy living.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $161,802

Program Service Revenue $0

Investment Income $77,427

Other Revenue $61,669

TOTAL REVENUE $300,898

Expense Breakdown

Grants Paid $88,754

Salaries & Benefits $11,702

Fundraising Expenses $14,116

Program Expenses $342,977

Other Expenses $270,766

TOTAL EXPENSES $371,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$300,898	$573,709	-0.5%
Expenses	$371,222	$304,999	+0.2%
Net Income	$-70,324	$268,710	-1.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRY DUERST-HIGGINS	Director	2.00	Director	$0	$0	$0
GARY ACKLEY	Director	2.00	Director	$0	$0	$0
MATT PARSONS	Director	1.00	Director	$0	$0	$0
ANN WHITE	Director	2.00	Officer Director	$0	$0	$0
CANDACE SOLESBEE	Director	1.00	Director	$0	$0	$0
GREG ERVIN	Vice President	1.00	Director	$0	$0	$0
JEFF GOWING	President	1.00	Director	$0	$0	$0
BRENT CZABAN	Director	1.00	Director	$0	$0	$0
JOE RAADE	Director	1.00	Director	$0	$0	$0
GEORGE DEVINE	Director	2.00	Director	$0	$0	$0
LORI ADENIJI	Director	1.00	Director	$0	$0	$0
TIFFANIE WILLIAMS	Director	1.00	Director	$0	$0	$0
ROBERT BALL	Treasurer	6.00	Officer Director	$0	$0	$0
JIM MARKUS	Secretary	1.00	Officer 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
2024	$300,898	$371,222	$7,063,942	$-70,324
2023	$573,709	$304,999	$6,495,388	$268,710
2022	$268,592	$251,225	$5,732,694	$17,367
2021	$562,847	$245,824	$6,254,363	$317,023
2020	$1,097,397	$212,619	$5,160,682	$884,778
2019	$251,617	$317,257	$3,853,261	$-65,640
2018	$356,005	$232,863	$3,390,303	$123,142

COTTAGE GROVE COMMUNITY FOUNDATION