Coth Foundation Inc is located in Frederick, MD. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Coth Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE COTH FOUNDATION IS A NON-PROFIT CHARITY ORGANIZATION DEDICATED TO UPLIFTING THE LIVES OF THE LESS PRIVILEGED, FOSTERING A COMMUNITY WHERE EVERY INDIVIDUAL IS EMPOWERED TO BREAK FREE FROM THE SHACKLES OF POVERTY AND LEAD A LIFE OF DIGNITY AND OPPORTUNITY. OUR MISSION IS ROOTED IN COMPASSION, SOLIDARITY, AND SOCIAL JUSTICE. WE BELIEVE THAT EVERY PERSON, REGARDLESS OF THEIR BACKGROUND, DESERVES ACCESS TO BASIC NECESSITIES, QUALITY EDUCATION, AND A CHANCE TO REALIZE THEIR FULL POTENTIAL. THROUGH A COMPREHENSIVE RANGE OF PROGRAMS AND INITIATIVES, WE STRIVE TO PROVIDE ESSENTIAL SUPPORT TO THOSE FACING ECONOMIC HAR1DSHIPS, INCLUDING ACCESS TO FOOD, CLEAN WATER, HEALTHCARE, AND SHELTER. ADDITIONALLY, WE PLACE A STRONG EMPHASIS ON EDUCATION, AS WE RECOGNIZE THAT KNOWLEDGE IS THE KEY TO UNLOCKING A BRIGHTER FUTURE. CENTRAL TO OUR APPROACH IS A COMMITMENT TO FOSTERING SELF-SUFFICIENCY AND SUSTAINABLE CHANGE WITHIN THE COMMUNITIES WE SERVE. WE WORK HAND IN HAND WITH LOCAL PARTNERS AND STAKEHOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ENVISION A WORLD WHERE THE LESS PRIVILEGED ARE NO LONGER BURDENED BY CIRCUMSTANCES BEYOND THEIR CONTROL, WHERE OPPORTUNITIES FOR GROWTH AND PROSPERITY ARE ACCESSIBLE TO ALL. THROUGH OUR UNWAVERING DEDICATION, WE STRIVE TO BE A CATALYST FOR POSITIVE CHANGE, TRANSFORMING LIVES, AND BUILDING A BRIGHTER, MORE EQUITABLE FUTURE FOR GENERATIONS TO COME. TOGETHER, WE CAN MAKE A DIFFERENCE, ONE LIFE AT A TIME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ayodare Amusa Secretary | Trustee | $0 | |
Nura Adesewa Amusa Vice-Presdie | Trustee | $0 | |
Abayomi Odu Treasurer | Trustee | $0 | |
Ayoniyi Amusa President | Officer | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
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 | $0 |
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 | $0 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 | $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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |