← COTA CHILDRENS ORGAN TRANSPLANT ASSOCIATION INC

Form 990 for tax year 2022

Filed by COTA CHILDRENS ORGAN TRANSPLANT ASSOCIATION INC.

Totals

Total revenue: $9,250,452
Total expenses: $6,733,830
Contributions and grants received: $6,942,655
Grants paid: $3,862,318
Program service revenue: $0
Investment income: $2,225,283
Other revenue: $82,514
Total assets, end of year: $42,218,101
Total liabilities, end of year: $247,685
Net assets or fund balances, end of year: $41,970,416
Program services expenses (Part IX): $5,252,322
Management and general expenses: $962,432
Fundraising expenses: $519,076
Program service expenses (Part III): $5,252,322

Program services were 78.0% 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.

1c · Fundraising events

$183,405
1f · All other contributions, gifts and grants

$6,759,250
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $1,905,499 · excluded $1,905,499
6a · Gross rents

real property $126,821
6c · Rental income or loss

real property $126,821 · personal property $0
6d · Net rental income or loss

total $126,821 · excluded $126,821
7a · Gross sales of assets other than inventory

securities $4,660,394
7b · Less cost or other basis and sales expenses

securities $4,340,610
7c · Gain or loss

securities $319,784 · other assets $0
7d · Net gain or loss

total $319,784 · excluded $319,784
8a · Fundraising events: gross income

$15,187
8a · Fundraising events: contributions included on line 1c

$183,405
8b · Fundraising events: direct expenses

$59,494
8c · Net income from fundraising events

total -$44,307 · excluded -$44,307
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $3,862,318 · program services $3,862,318
5 · Compensation of officers, directors and key employees

total $760,823 · program services $252,400 · management and general $370,876 · fundraising $137,547
6 · Compensation of disqualified persons

total $56,266 · management and general $56,266
7 · Other salaries and wages

total $870,377 · program services $649,007 · management and general $24,892 · fundraising $196,478
8 · Pension plan contributions

total $71,504 · program services $54,122 · management and general $2,069 · fundraising $15,313
9 · Other employee benefits

total $168,436 · program services $103,389 · management and general $29,324 · fundraising $35,723
10 · Payroll taxes

total $108,936 · program services $59,739 · management and general $27,474 · fundraising $21,723
11b · Fees: legal

total $1,269 · management and general $1,269
11c · Fees: accounting

total $39,611 · management and general $39,611
11f · Fees: investment management

total $154,965 · management and general $154,965
11g · Fees: other

total $186,105 · program services $39,813 · management and general $108,609 · fundraising $37,683
12 · Advertising and promotion

total $84,140 · program services $60,948 · management and general $2,363 · fundraising $20,829
13 · Office expenses

total $66,983 · program services $25,851 · management and general $32,531 · fundraising $8,601
16 · Occupancy

total $30,963 · program services $14,526 · management and general $11,155 · fundraising $5,282
17 · Travel

total $115,427 · program services $69,340 · management and general $23,363 · fundraising $22,724
20 · Interest

total $2,694 · management and general $2,694
22 · Depreciation, depletion and amortization

total $47,938 · program services $26,366 · management and general $11,984 · fundraising $9,588
23 · Insurance

total $25,431 · program services $13,987 · management and general $6,358 · fundraising $5,086
24a · Other expenses: Certification Fees

total $20,372 · program services $20,372
24b · Other expenses: Dues & Subscriptions

total $4,013 · management and general $3,393 · fundraising $620
24e · All other expenses

total $55,259 · program services $144 · management and general $53,236 · fundraising $1,879

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $3,095 · end of year $3,095
2 · Savings and temporary cash investments

beginning of year $1,178,383 · end of year $1,005,914
3 · Pledges and grants receivable

beginning of year $0 · end of year $525,890
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $83,001 · end of year $60,293
10a · Land, buildings and equipment: cost or other basis

$1,498,609
10b · Land, buildings and equipment: accumulated depreciation

$1,002,181
10c · Land, buildings and equipment, net

beginning of year $385,692 · end of year $496,428
11 · Investments: publicly traded securities

beginning of year $38,059,095 · end of year $39,683,353
12 · Investments: other securities

beginning of year $108,703 · end of year $117,128
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $303,000 · end of year $326,000
17 · Accounts payable and accrued expenses

beginning of year $199,329 · end of year $151,593
19 · Deferred revenue

beginning of year $72,117 · end of year $71,317
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $53,666 · end of year $24,775
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $401,246 · end of year $939,583
28 · Net assets with donor restrictions

beginning of year $39,394,611 · end of year $41,030,833

Mission and programs · 2022

Mission

To provide assistance to those persons, primarily children and young adults and their families, in need of a transplant.

COTA'S PROGRAM SERVICES CONSIST OF CREATING FUNDRAISING PROGRAMS FOR PATIENTS IN NEED OF TRANSPLANTS, PROVIDING VOLUNTEERS WITH FUNDRAISING ASSISTANCE AND PAYING PATIENT'S TRANSPLANT RELATED EXPENSES, AND PROVIDING PUBLIC EDUCATION REGARDING TRANSPLANTS. IN THE CURRENT YEAR, COTA ALLOCATED AND PAID OVER 3.8 MILLION DOLLARS OF TRANSPLANT RELATED EXPENSES FOR FAMILIES OF TRANSPLANT PATIENTS. COTA HAS OVER 2,828 ACTIVE FAMILIES/PATIENT ACCOUNTS.

Expenses $5,252,322 · Grants $3,862,318

As filed on the 2022 return.

Listed in Part VII

David OrmstedtDAVID ORMSTEDT

TREASURER

Total calculated

$0

Hours/week

1
Kathleen McNeelyKATHLEEN MCNEELY

BOARD CHAIR

Total calculated

$0

Hours/week

1
Patrick FitzpatrickPATRICK FITZPATRICK

VICE CHAIR

Total calculated

$0

Hours/week

1
Zina BerryZINA BERRY

Secretary

Total calculated

$0

Hours/week

1
Anthony PaganelliANTHONY PAGANELLI

BOARD MEMBER

Total calculated

$0

Hours/week

1
Bo HannahBO HANNAH

BOARD MEMBER

Total calculated

$0

Hours/week

1
Cassandra AmadioCASSANDRA AMADIO

Board Member

Total calculated

$0

Hours/week

1
Dr Jolene EllisDR JOLENE ELLIS

BOARD MEMBER

Total calculated

$0

Hours/week

1
DR YOLANDA TREVINO PhD

BOARD MEMBER

Total calculated

$0

Hours/week

1
Joellen BaldwinJOELLEN BALDWIN

BOARD MEMBER

Total calculated

$0

Hours/week

1
Julie MorganJULIE MORGAN

BOARD MEMBER

Total calculated

$0

Hours/week

1
Marc CollinsMARC COLLINS

BOARD MEMBER

Total calculated

$0

Hours/week

1
Nancy Vazquez-SotoNANCY VAZQUEZ-SOTO

BOARD MEMBER

Total calculated

$0

Hours/week

1
Nelson HellwigNELSON HELLWIG

BOARD MEMBER ( UNTIL NOV 2022)

Total calculated

$0

Hours/week

1
Scott GantonSCOTT GANTON

BOARD MEMBER

Total calculated

$0

Hours/week

1
Scott PriceSCOTT PRICE

BOARD MEMBER

Total calculated

$0

Hours/week

1
Susy TimmonsSUSY TIMMONS

BOARD MEMBER

Total calculated

$0

Hours/week

1
Suzanne SeidersSUZANNE SEIDERS

BOARD MEMBER

Total calculated

$0

Hours/week

1
T Michael FordT MICHAEL FORD

BOARD MEMBER

Total calculated

$0

Hours/week

1
Lisa Fulkerson

Chief Financial Officer

Total calculated

$217,864

From this org

$178,584

From related orgs

$0

Other

$39,280

Hours/week

40

Schedule J breakdown matched by us

Base

$170,307

Bonus

$8,277

Other

$0

Deferred

$19,703

Nontaxable benefits

$19,577

Filer's total

$217,864
Richard Lofgren

Chief Executive Officer

Total calculated

$317,741

From this org

$270,587

From related orgs

$0

Other

$47,154

Hours/week

40

Schedule J breakdown matched by us

Base

$256,606

Bonus

$5,725

Other

$8,256

Deferred

$30,860

Nontaxable benefits

$16,294

Filer's total

$317,741
Kristy Brown

Chief Development Officer

Total calculated

$150,624

From this org

$122,105

From related orgs

$0

Other

$28,519

Hours/week

40

Schedule J breakdown matched by us

Base

$117,880

Bonus

$4,225

Other

$0

Deferred

$12,132

Nontaxable benefits

$16,387

Filer's total

$150,624

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Tax indemnification and gross-up payments
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Independent compensation consultant
3 · Compensation survey or study
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments: The organization provided Rick Lofgren with tax gross-up payments for his personal use of a company owned automobile. The benefit was treated as taxable compensation. Also, the organization gives additional compensation to Richard Lofgren and Lisa Fulkerson to pay disability premiums. The organization provided each of them with tax gross-up payments on this additional compensation. The benefit was treated as taxable compensation.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 30 October 2023
IRS schema version: 2022v5.0
Source object: 202313039349301701

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