Skip to content
Nonprofiteer
← COWAN COMMUNITY ACTION GROUP INC

Form 990 for tax year 2022

Filed by COWAN COMMUNITY ACTION GROUP INC.

Totals

Total revenue
$845,825
Total expenses
$790,832
Contributions and grants received
$655,971
Grants paid
$0
Program service revenue
$70,257
Investment income
$11,527
Other revenue
$108,070
Total assets, end of year
$1,116,945
Total liabilities, end of year
$3,810
Net assets or fund balances, end of year
$1,113,135
Program services expenses (Part IX)
$448,056
Management and general expenses
$342,776
Fundraising expenses
$0
Program service expenses (Part III)
$448,056

Program services were 56.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $500,932

  • 1f · All other contributions, gifts and grants

    $155,039

  • 2a · Program service revenue: EDUCATIONAL MUSIC CULTU

    total $70,257 · related or exempt $70,257

  • 3 · Investment income

    total $11,527 · excluded $11,527

  • 6a · Gross rents

    real property $8,070

  • 6c · Rental income or loss

    real property $8,070

  • 6d · Net rental income or loss

    total $8,070 · related or exempt $8,070

  • 11a · Other revenue: NONPROFIT ASSISTANCE FU

    total $100,000 · related or exempt $100,000

  • 11e · Other revenue, total

    $100,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $45,200 · management and general $45,200

  • 7 · Other salaries and wages

    total $202,947 · program services $169,624 · management and general $33,323

  • 10 · Payroll taxes

    total $19,584 · program services $13,317 · management and general $6,267

  • 11g · Fees: other

    total $33,084 · program services $22,022 · management and general $11,062

  • 13 · Office expenses

    total $43,384 · program services $6,119 · management and general $37,265

  • 16 · Occupancy

    total $11,927 · program services $7,327 · management and general $4,600

  • 17 · Travel

    total $45,457 · program services $22,826 · management and general $22,631

  • 22 · Depreciation, depletion and amortization

    total $5,628 · program services $5,628

  • 23 · Insurance

    total $8,259 · program services $3,080 · management and general $5,179

  • 24a · Other expenses: OTHER CONTRACT SERVICES

    total $223,665 · program services $163,331 · management and general $60,334

  • 24b · Other expenses: DONATIONS - EXP

    total $47,747 · program services $455 · management and general $47,292

  • 24c · Other expenses: UTILITIES

    total $9,386 · program services $612 · management and general $8,774

  • 24d · Other expenses: GRANTS

    total $32,500 · management and general $32,500

  • 24e · All other expenses

    total $62,064 · program services $33,715 · management and general $28,349

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $470,041 · end of year $507,173

  • 4 · Accounts receivable

    beginning of year $21,956 · end of year $55,257

  • 10a · Land, buildings and equipment: cost or other basis

    $188,562

  • 10b · Land, buildings and equipment: accumulated depreciation

    $152,942

  • 10c · Land, buildings and equipment, net

    beginning of year $40,029 · end of year $35,620

  • 11 · Investments: publicly traded securities

    beginning of year $478,879 · end of year $518,895

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,289 · end of year $3,810

  • 27 · Net assets without donor restrictions

    beginning of year $801,714 · end of year $1,029,199

  • 28 · Net assets with donor restrictions

    beginning of year $202,902 · end of year $83,936

Mission and programs · 2022

Mission

EDUCATIONAL FUNDING

  • PROMOTION AND ASSISTANCE IN PROVIDING MATERIALS ANDSUPPLIES FOR THE BENEFIT OF UNDER PRIVILEGEDCHILDREN OF LETCHER COUNTY

    Expenses $448,056 · Grants $500,932 · Revenue $70,257

As filed on the 2022 return.

Listed in Part VII

  • VALERIE HORN

    DIRECTOR

    Total calculated
    $45,200
    From this org
    $45,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • ISAAC FIELDS

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • LOUISE MURTAUGH

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • NELL FIELDS

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • PATRICIA YINGER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
6 August 2024
IRS schema version
2022v5.0
Source object
202402369349300010

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.