Committee On Better Racial Assurance
- Assets
- $317.1k
- Revenue
- $185.1k
- Investments
- $0.0
- Employees
- 3
- Location
- North Charleston, SC
- Founding
- 08/1973
- Data as of
- 06/2024
- EIN
- 57-0523813
Organization Overview
Committee On Better Racial Assurance, operating under the name Cobra, is located in North Charleston, SC. The organization was established in 1973. As of 06/2024, Cobra employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cobra 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 06/2024, Cobra generated $185.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $158.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 5 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF COBRA IS TO ENSURE A BETTER QUALITY OF LIFE FOR ALL PEOPLE, BUT ESPEICALLY FOR AFRICAN AMERICANS, BY HELPING PEOPLE HELP THEMSELVES. PROVIDE AWARENESS, EDUCATION, COUNSELING AND SUPPORT TO SICKLE CELL PATIENTS AND THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATED 19,865 PERSONS IN 27 SESSIOINS, COUNSELD 264 PARENTS IN 60 SESSIONS, PROVIDED AWARENESS TO 227,911 PERSONS IN 10 SESSIONS THROUGH SOCIAL MEDIA SOURCES, 1,539 PROVIDED EMPOWERMENT INFORMATION AND ASSISTANCE IN 10 SESSIONS VIA RESOURCES MATERIALS, PROVIDED PROMOTION TO 828 PERSONS ENCOURAGING THEM TO COMPLETE PATIENT REGISTRY FOR THE STATE OF SOUTH CAROLINA
135 PERSONS IN 10 SESSIONS WERE ASSISTED WITH PROBLEMATIC ISSUES DUE TO THEIR SICKNESS SUCH AS TRAVEL ASSISTANCE, GRIEF COUNSELING AND ENCOURAGEMENT CONDUCTED 12 SESSIONS AT VARIOUS CHURCES, NON PROFIT AND VARIOUS OTHER CIVIC MINDED ORGANIZATIONS TO RAISE THE AWARENENSS OF THE SICKLE CELL DESEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albertha H Cook Executive Director | Officer | 30 | $65,206 |
David Mack III Assistant Director | Officer | 25 | $6,378 |
Lawrence J Huger Financial Officer | Trustee | 4 | $0 |
James Heyward Board Member | Trustee | 2 | $0 |
William Saunders Board Member | Trustee | 0 | $0 |
Barbara D Dilligard Former Board Member | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,722 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,405 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,127 |
| Total Program Service Revenue | $741 |
| Investment income | $186 |
| 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 | $185,054 |
| 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. | $82,737 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,884 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,196 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $771 |
| Office expenses | $2,316 |
| Information technology | $10,427 |
| Royalties | $0 |
| Occupancy | $11,702 |
| Travel | $310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,110 |
| Insurance | $7,930 |
| All other expenses | $4,476 |
| Total functional expenses | $158,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,100 |
| 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 | $102,980 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $317,080 |
| 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 | $234 |
| Total liabilities | $234 |
| Net assets without donor restrictions | $316,846 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $317,080 |