Cougsfirst is located in Pullman, WA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cougsfirst is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Cougsfirst generated $611.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $717.7k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION PROMOTES WASHINGTON STATE UNIVERSITY ALUMNI'S BUSINESSES, AS WELL AS PROMOTING THE HIRING OF WASHINGTON STATE UNIVERSITY GRADUATES. THIS ORGANIZATION'S PRIMARY ACTIVITIES INCLUDE HOSTING MONTHLY NETWORKING EVENTS, A TRADE SHOW AND CAREER EXPO, PRODUCING A BI-WEEKLY PODCAST, AND HOSTING AN ANNUAL GOLF TOURNAMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATED WSU ALUMNI ON HOW TO DO BUSINESS WITH OTHER ALUMNI.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glenn Osterhout Chairman | OfficerTrustee | 5 | $0 |
Max Baer Member | Trustee | 5 | $0 |
Dustin Benson Member | Trustee | 5 | $0 |
Tim Brandle Vice Chairman | Trustee | 5 | $0 |
Dan Blau Member | Trustee | 5 | $0 |
Darren Case Chairman | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $608,805 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $608,805 |
Total Program Service Revenue | $0 |
Investment income | $228 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $611,404 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $223,107 |
Pension plan accruals and contributions | $6,231 |
Other employee benefits | $5,000 |
Payroll taxes | $30,489 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,620 |
Fees for services: Accounting | $2,668 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $170,134 |
Office expenses | $5,904 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $31,372 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $133,722 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $272 |
Insurance | $2,059 |
All other expenses | $29,706 |
Total functional expenses | $717,675 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $125,880 |
Savings and temporary cash investments | $0 |
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 | $1,089 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $126,969 |
Accounts payable and accrued expenses | $4,468 |
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 | $8,486 |
Total liabilities | $12,954 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $62,760 |
Retained earnings, endowment, accumulated income, or other funds | $51,255 |
Total liabilities and net assets/fund balances | $126,969 |