Cottage Cove Co
- Assets
- $1.6m
- Revenue
- $541.2k
- Investments
- $0.0
- Employees
- 12
- Location
- Nashville, TN
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 31-1485047
Organization Overview
Cottage Cove Co is located in Nashville, TN. The organization was established in 1997. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Cottage Cove Co employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottage Cove Co is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cottage Cove Co generated $541.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $302.8k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COTTAGE COVE PROVIDES EDUCATIONAL, ARTS, AND LIFE-SKILLS OPPORTUNITIES TO AT-RISK CHILDREN AND TEENS, PLUS BIBLICALLY BASED SPIRITUAL AND CHARACTER INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAILY PROGRAM. A PROGRAM PROVIDED AT NO-COST TO THE CHILDREN OR FAMILY FOR APPROXIMATELY 85 CHILDREN DAILY. INCLUDES EDUCATION (HOMEWORK HELP, TUTORING, AND READING) AND RELATED FIELD TRIPS, ARTS AND LIFE-SKILLS CLASSES (GYMNASTICS, PIANO, GUITAR, PERCUSSION, VOICE, DANCE, COOKING, PAINTING, DRAWING, PHOTOGRAPHY, SEWING, KNITTING, COMPUTERS, WOODWORKING), RECREATION (SUPERVISED SPORTS), AND BIBLICALLY BASED CHARACTER AND SPIRITUAL INSTRUCTION. A GENERAL "REWARD STORE" ENABLES THE CHILDREN TO SPEND POINTS THAT THEY EARN.
SUMMER DAY CAMP. AN EXTENDED PROGRAM, PROVIDED FOR A NOMINAL FEE, FOR APPROXIMATELY 25 CHILDREN DAILY DURING THE SUMMER WEEKS. INCLUDES EXPANDED ASPECTS OF THE DAILY PROGRAM, PLUS EXTRA FIELD-TRIPS, AND MEALS.
DTI MISSIONS AND OUTREACH. HOSTING AND FACILITATING SHORT TERM MISSIONS TRIPS AND GATHERINGS FOR TEENS AND ADULTS; FOCUSED ON TRAINING PARTICIPANTS IN DISCIPLESHIP, APOLOGETICS AND HERMENEUTICS, CHARACTER DEVELOPMENT, AND SPECIFICS OF WORKING WITH INNER-CITY CHILDREN AND TEENS. GROUP SIZES RANGE FROM 8 TO 30 INDIVIDUALS. A NOMINAL OR COST-RECOVERY FEE IS SOMETIMES CHARGED.
CHRISTMAS WITH DIGNITY. A PROGRAM FOCUSED ON PROVIDING A COMPLETE CHRISTMAS FOR THE FAMILIES OF LOCAL AT-RISK CHILDREN. A NOMINAL FEE MAY BE CHARGED. PARENTS REPRESENTING UP TO 406 CHILDREN HAVE BEEN INVITED TO PARTICIPATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Macdonald Executive Director | OfficerTrustee | 50 | $29,660 |
Lynne Black Secretary | OfficerTrustee | 1 | $0 |
Allen Barnes Chairman | OfficerTrustee | 1 | $0 |
Kyle Bullock Treasurer | OfficerTrustee | 1 | $0 |
Steve Harrell Director | Trustee | 1 | $0 |
Ted Miller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,409 |
| Related organizations | $0 |
| Government grants | $22,932 |
| All other contributions, gifts, grants, and similar amounts not included above | $443,743 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $543,084 |
| Total Program Service Revenue | $3,736 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60 |
| Net Income from Fundraising Events | -$5,756 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,158 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,889 |
| Compensation of current officers, directors, key employees. | $12,164 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,828 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,229 |
| Payroll taxes | $7,636 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,509 |
| Advertising and promotion | $1,606 |
| Office expenses | $17,072 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,044 |
| Travel | $11,006 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128 |
| Interest | $3,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,050 |
| Insurance | $13,065 |
| All other expenses | $144 |
| Total functional expenses | $302,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,217 |
| Savings and temporary cash investments | $338,920 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $896,357 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,589,494 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,575,631 |
| Net assets with donor restrictions | $13,863 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,589,494 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cottage Cove Co has recieved totaling $67,432.
| Awarding Organization | Amount |
|---|---|
Mccauley Lindsay Charities Of Tennessee Inc Nashville, TN PURPOSE: PLUMBING & ELECTRICAL | $44,182 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $13,250 |
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: TO FINANCIALLY SUPPORT THE ORGANIZATION. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Help Forest, VA | $11,135,096 | $40,493,708 |
Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Choice Books Of Northern Virginia Inc Bristow, VA | $30,496,266 | $18,835,763 |
Reaching Unreached Nations Inc Virginia Beach, VA | $5,800,346 | $15,911,313 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |