Totals
- Total revenue
- $704,322
- Total expenses
- $1,228,631
- Contributions and grants received
- $582,583
- Grants paid
- $871,984
- Program service revenue
- $18,500
- Investment income
- $87,728
- Other revenue
- $15,511
- Total assets, end of year
- $1,213,776
- Total liabilities, end of year
- $21,525
- Net assets or fund balances, end of year
- $1,192,251
- Program services expenses (Part IX)
- $1,105,829
- Management and general expenses
- $96,824
- Fundraising expenses
- $25,978
- Program service expenses (Part III)
- $1,105,829
Program services were 90.0% 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.
-
1f · All other contributions, gifts and grants
$582,583
-
1g · Noncash contributions included above
$11,218
-
2a · Program service revenue: RENTAL INCOME
total $18,500 · related or exempt $18,500
-
3 · Investment income
total $87,728 · related or exempt $87,728
-
8a · Fundraising events: gross income
$43,002
-
8b · Fundraising events: direct expenses
$27,491
-
8c · Net income from fundraising events
total $15,511
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $871,984 · program services $871,984
-
7 · Other salaries and wages
total $225,252 · program services $180,200 · management and general $22,526 · fundraising $22,526
-
11g · Fees: other
total $40,803 · program services $11,112 · management and general $29,691
-
12 · Advertising and promotion
total $3,576 · program services $62 · management and general $62 · fundraising $3,452
-
13 · Office expenses
total $3,232 · program services $1,616 · management and general $1,616
-
14 · Information technology
total $13,067 · program services $1,800 · management and general $11,267
-
16 · Occupancy
total $32,440 · program services $16,220 · management and general $16,220
-
22 · Depreciation, depletion and amortization
total $377 · program services $188 · management and general $189
-
23 · Insurance
total $11,637 · program services $5,818 · management and general $5,819
-
24a · Other expenses: CONTRACT LABOR
total $11,250 · program services $11,250
-
24b · Other expenses: OTHER EXPENSES
total $5,933 · program services $2,437 · management and general $3,496
-
24c · Other expenses: TELEPHONE
total $4,747 · program services $2,373 · management and general $2,374
-
24d · Other expenses: BANK AND CC FEES
total $2,794 · management and general $2,794
-
24e · All other expenses
total $1,539 · program services $769 · management and general $770
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,174,831 · end of year $754,754
-
4 · Accounts receivable
beginning of year $9,634
-
9 · Prepaid expenses and deferred charges
beginning of year $11,840
-
10a · Land, buildings and equipment: cost or other basis
$1,339
-
10b · Land, buildings and equipment: accumulated depreciation
$1,237
-
10c · Land, buildings and equipment, net
beginning of year $479 · end of year $102
-
12 · Investments: other securities
beginning of year $549,947 · end of year $458,920
-
17 · Accounts payable and accrued expenses
beginning of year $30,171 · end of year $21,525
-
27 · Net assets without donor restrictions
beginning of year $1,157,046 · end of year $662,806
-
28 · Net assets with donor restrictions
beginning of year $559,514 · end of year $529,445
Mission and programs · 2023
Mission
WE FOCUS ON LOCAL PHILANTHROPY AND ON OUR COMMUNITY'S CHANGING NEEDS. WE MANAGE INDIVIDUAL GIFTS AND BEQUESTS AS AN ENDOWED POOL OF ASSETS DISTRIBUTING GRANTS TO A WIDE VARIETY OF ORGANIZATIONS THAT ENHANCE AND SUPPORT THE QUALITY OF LIFE IN COWETA COUNTY.
Activities or mission (Part I)
WE FOCUS ON LOCAL PHILANTHROPY ON OUR COMMUNITY'S CHANGING NEEDS. WE MANAGE INDIVIDUAL GIFTS AND BEQUESTS AS AN ENDOWED POOL OF ASSETS DISTRIBUTING GRANTS TO A WIDE VARIETY OF ORGANIZATIONS THAT ENHANCE AND SUPPORT THE QUALITY OF LIFE IN COWETA COUNTY.
-
THE FOUNDATION'S MISSION IS TO ENHANCE THE QUALITY OF LIFE IN COWETA COUNTY GEORGIA, BY FOSTERING PHILANTHROPIC ENGAGEMENT. THE FOUNDATION ENCOURAGES INDIVIDUALS, FAMILIES, CORPORATIONS, NON-PROFITS AND COMMUNITITES TO ACTIVELY PARTICIPATE IN MAKING A POSITIVE IMPACT. THE FOUNDATION ACCEPTS CONTRIBUTIONS OF ALL SIZES. EMPOWERING DONORS TO ADDRESS EVOLVING NEEDS AND OPPORTUNITIES IN THE COMMUNITY. THE FOUNDATION'S APPROACH COMBINES GRANTS, EDUCATION, DONOR ADVISED FUNDS, SCHOLARSHIP FUNDS, AND FISCAL SPONORSHIP TO SUPPORT NON-PROFITS AND INNNOVATIVE COMMUNITY PROGRAMS SUCH AS LONG-TERM DISASTER RECOVERY, THE COWETA SHERIFF'S FUND, COMMUNITY SERVICE TEAM AND 100 WOMEN WHO CARE GUIDED BY ITS MISSION, THE FOUNDATION HAS SET CLEAR GOALS: TO SERVE DIVERSE DONOR INTERESTS, PROVIDE LEADERSHIP IN ADDRESSING COMMUNITY NEEDS, STEWARD FUNDS RESPONSIBLY, AND PROMOTE COLLABORATION AMONG LOCAL ORGANIZATIONS.
Expenses $1,105,829 · Grants $871,984 · Revenue $18,500
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jay BarnesJAY BARNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Cynthia BennettCYNTHIA BENNETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Alexis BrooksALEXIS BROOKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Blue ColeBLUE COLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Barry DebrowBARRY DEBROW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Pam GabelPAM GABEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Emily GatesEMILY GATES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Will GeeslinWILL GEESLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer HannahJENNIFER HANNAH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Hap HinesHAP HINES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tom JacksonTOM JACKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Doug KolbenschlagDOUG KOLBENSCHLAG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Clay NeelyCLAY NEELY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Whitney PurintonWHITNEY PURINTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Olivia WatersOLIVIA WATERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tonya WhitlockTONYA WHITLOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tonya WhitlockTONYA WHITLOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ray WiliamsRAY WILIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brett JohnstonBRETT JOHNSTON
CHAIRMAN
- 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
-
COWETA STEM INSTITUTE
$57,263
-
INSPIRITUS
$32,709
-
NEWNAN-COWETA HABITAT FOR HUMANITY
$29,800
-
COWETA FORCE
$29,000
-
STEPPING STONES EARLY INTERVENTION
$27,582
-
MONSTER TREE SERVICE
$24,750
-
RIVERLIFE INC
$21,942
-
ELEVATE COWETA STUDENTS
$19,000
-
FOUNDATION CHURCH
$13,023
-
NEWNAN-COWETA HUMANE SOCIETY
$10,900
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202403179349304320
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.