Coca Qalicb Inc
- Assets
- $32.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 06/2019
- Data as of
- 08/2021
- EIN
- 83-2542408
Organization Overview
Coca Qalicb Inc is located in Saint Louis, MO. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coca Qalicb Inc 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 08/2021, Coca Qalicb Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.0% each year . All expenses for the organization totaled $1.4m during the year ending 08/2021. 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
THE CORPORATION SUPPORTS THE CENTER OF CREATIVE ARTS UNDER SECTIONS 501(C)(3) AND 509(A)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE TAX-EXEMPT PURPOSES OF THE CENTER OF CREATIVE ARTS, (THE "SUPPORTED ORGANIZATION") BY HOLDING AND RENTING CERTAIN REAL PROPERTY TO THE SUPPORTED ORGANIZATION AS PART OF A NEW MARKET TAX CREDIT TRANSACTION, AND TO OTHERWISE SUPPORT THE TAX-EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION.
THE CORPORATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE TAX-EXEMPT PURPOSES OF THE CENTER OF CREATIVE ARTS, (THE "SUPPORTED ORGANIZATION") BY HOLDING AND RENTING CERTAIN REAL PROPERTY TO THE SUPPORTED ORGANIZATION AS PART OF A NEW MARKET TAX CREDIT TRANSACTION, AND TO OTHERWISE SUPPORT THE TAX-EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION.
THE CORPORATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE TAX-EXEMPT PURPOSES OF THE CENTER OF CREATIVE ARTS, (THE "SUPPORTED ORGANIZATION") BY HOLDING AND RENTING CERTAIN REAL PROPERTY TO THE SUPPORTED ORGANIZATION AS PART OF A NEW MARKET TAX CREDIT TRANSACTION, AND TO OTHERWISE SUPPORT THE TAX-EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION.
THE CORPORATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE TAX-EXEMPT PURPOSES OF THE CENTER OF CREATIVE ARTS, (THE "SUPPORTED ORGANIZATION") BY HOLDING AND RENTING CERTAIN REAL PROPERTY TO THE SUPPORTED ORGANIZATION AS PART OF A NEW MARKET TAX CREDIT TRANSACTION, AND TO OTHERWISE SUPPORT THE TAX-EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Pollock President | Officer | 2 | $0 |
Tom Minogue Secretary | Officer | 2 | $0 |
Jesse Hunter Director | Trustee | 2 | $0 |
Margaret Schneithorst Director | Trustee | 2 | $0 |
Shannon Sock Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,684,788 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $1,684,788 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,684,788 |
| Total Program Service Revenue | $295,572 |
| Investment income | $0 |
| 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 | $1,980,360 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,481 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $301,695 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,029,404 |
| Insurance | $0 |
| All other expenses | $1,302 |
| Total functional expenses | $1,363,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $466,604 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $474,587 |
| 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 | $30,514,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $525,041 |
| Total assets | $31,981,162 |
| Accounts payable and accrued expenses | $28,932 |
| Grants payable | $0 |
| Deferred revenue | $10,617 |
| 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 | $16,693,544 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,733,093 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $15,248,069 |
| 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 | $31,981,162 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Coca Qalicb Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $100,000 |
National Philanthropic Tr Jenkintown, PA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Madonna Foundation Lincoln, NE | $19,167,597 | $7,128,390 |
Forefront Chicago, IL | $3,633,661 | $8,901,727 |
1million Project Foundation Overland Park, KS | $8,054,178 | $5,845,168 |
Northeast Kansas Community Action Program Hiawatha, KS | $3,012,533 | $8,873,734 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
Shoppinggives Foundation Chicago, IL | $463,970 | $1,669,819 |
Nebraska Cultural Endowment Omaha, NE | $17,664,926 | $5,027,006 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
The Manna Center Siloam Springs, AR | $826,207 | $1,196,710 |
Pauls Valley General Hospital Foundation Pauls Valley, OK | $1,892,753 | $1,057,903 |
Nonprofit Connect Network Learn Grow Kansas City, MO | $2,501,951 | $1,465,132 |