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Nonprofiteer
← CRESCENT COVE

Form 990 for tax year 2022

Filed by CRESCENT COVE.

Totals

Total revenue
$2,256,040
Total expenses
$2,238,679
Contributions and grants received
$1,221,542
Grants paid
$0
Program service revenue
$638,775
Investment income
$64,674
Other revenue
$331,049
Total assets, end of year
$5,744,917
Total liabilities, end of year
$1,405,160
Net assets or fund balances, end of year
$4,339,757
Program services expenses (Part IX)
$1,892,361
Management and general expenses
$168,815
Fundraising expenses
$177,503
Program service expenses (Part III)
$1,892,361

Program services were 84.5% 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

    $1,221,542

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $638,775 · related or exempt $638,775

  • 3 · Investment income

    total $48,277 · excluded $48,277

  • 7a · Gross sales of assets other than inventory

    securities $349,845

  • 7b · Less cost or other basis and sales expenses

    securities $333,448

  • 7c · Gain or loss

    securities $16,397

  • 7d · Net gain or loss

    total $16,397 · excluded $16,397

  • 8a · Fundraising events: gross income

    $459,399

  • 8b · Fundraising events: direct expenses

    $134,145

  • 8c · Net income from fundraising events

    total $325,254 · excluded $325,254

  • 11a · Other revenue: MISCELLANEOUS

    total $5,795 · related or exempt $5,795

  • 11e · Other revenue, total

    $5,795

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $226,506 · program services $196,683 · management and general $14,718 · fundraising $15,105

  • 7 · Other salaries and wages

    total $1,237,016 · program services $1,074,143 · management and general $80,379 · fundraising $82,494

  • 9 · Other employee benefits

    total $41,130 · program services $35,715 · management and general $2,672 · fundraising $2,743

  • 10 · Payroll taxes

    total $114,796 · program services $99,681 · management and general $7,459 · fundraising $7,656

  • 11g · Fees: other

    total $212,476 · program services $124,484 · management and general $46,461 · fundraising $41,531

  • 12 · Advertising and promotion

    total $28,799 · program services $28,799

  • 13 · Office expenses

    total $55,220 · program services $52,924 · management and general $1,433 · fundraising $863

  • 14 · Information technology

    total $31,896 · program services $19,263 · management and general $1,294 · fundraising $11,339

  • 16 · Occupancy

    total $41,951 · program services $41,951

  • 17 · Travel

    total $3,122 · management and general $3,122

  • 19 · Conferences, conventions and meetings

    total $4,218 · program services $2,302 · management and general $1,746 · fundraising $170

  • 20 · Interest

    total $44,837 · program services $44,837

  • 22 · Depreciation, depletion and amortization

    total $85,810 · program services $84,506 · management and general $1,304

  • 23 · Insurance

    total $60,915 · program services $57,173 · management and general $2,874 · fundraising $868

  • 24a · Other expenses: FAMILY SUPPORT EXPENSES

    total $22,840 · program services $22,840

  • 24b · Other expenses: PRINTING AND COPYING

    total $9,981 · program services $1,456 · management and general $312 · fundraising $8,213

  • 24c · Other expenses: POSTAGE

    total $5,591 · program services $221 · management and general $2,744 · fundraising $2,626

  • 24d · Other expenses: MISCELLANEOUS

    total $5,013 · program services $5,012 · management and general $1 · fundraising $0

  • 24e · All other expenses

    total $6,562 · program services $371 · management and general $2,296 · fundraising $3,895

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $440,304 · end of year $519,561

  • 3 · Pledges and grants receivable

    beginning of year $171,675 · end of year $40,000

  • 4 · Accounts receivable

    beginning of year $27,070 · end of year $32,627

  • 9 · Prepaid expenses and deferred charges

    beginning of year $35,821 · end of year $38,354

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

    $2,402,907

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

    $288,110

  • 10c · Land, buildings and equipment, net

    beginning of year $2,187,094 · end of year $2,114,797

  • 11 · Investments: publicly traded securities

    beginning of year $3,265,741 · end of year $2,949,552

  • 14 · Intangible assets

    beginning of year $8,257 · end of year $6,954

  • 15 · Other assets

    beginning of year $49,629 · end of year $43,072

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,718 · end of year $59,896

  • 19 · Deferred revenue

    beginning of year $110,380 · end of year $105,264

  • 23 · Secured mortgages and notes payable

    beginning of year $1,240,000 · end of year $1,240,000

  • 27 · Net assets without donor restrictions

    beginning of year $4,626,393 · end of year $4,224,657

  • 28 · Net assets with donor restrictions

    beginning of year $150,100 · end of year $115,100

Mission and programs · 2022

Mission

CRESCENT COVE OFFERS CARE AND SUPPORT TO CHILDREN AND YOUNG ADULTS WITH A SHORTENED LIFE EXPECTANCY, AND THEIR FAMILIES WHO LOVE THEM.

  • FAMILY SUPPORT - IN 2022, CRESCENT COVE INCREASED THE NUMBER OF FAMILIES SUPPORTED FROM 251 IN 2021 TO 348 IN 2022. CHILDREN AND FAMILIES WERE SERVED FOR RESPITE OR END-OF-LIFE CARE OVER 738 NIGHTS IN 2022 COMPARED TO 575 NIGHTS IN 2021. FOLLOWING RECEIPT OF A REFERRAL AND COMPLETION OF ENROLLMENT PAPERWORK, FAMILIES WHO HAVE CHILDREN WITH LIFE-THREATENING CONDITIONS RECEIVE SUPPORT BY BRINGING THEIR CHILD AND/OR FAMILY FOR A SHORT STAY AT CRESCENT COVE'S HOSPICE AND RESPITE HOME IN ORDER TO HAVE A NECESSARY BREAK FROM THE DEMANDING 24/7 CARES FOR THEIR CHILD OR AS A SACRED AND SUPPORTIVE PLACE TO BE WHEN A CHILD IS DYING. CRESCENT COVE HAS REGISTERED NURSES AND CERTIFIED NURSING ASSISTANTS CARING FOR CHILDREN 24/7 WITH SUPPORT FROM A SOCIAL WORKER, CHILD EXPERIENCE SPECIALIST, MEDICAL DIRECTOR AND DIRECTOR OF NURSING AND OPERATIONS AND VOLUNTEERS. IN 2022, CRESCENT COVE MET THE GOAL FROM A STAFFING PERSPECTIVE OF HAVING 2 RN'S ON EACH SHIFT PROVIDING THE ABILITY TO CARE FOR MORE CHILDREN WHILE MAINTAINING INFECTION CONTROL STANDARDS WITH NO TRANSMISSIONS OF ILLNESSES BETWEEN STAFF AND CHILDREN AND FAMILIES SERVED. IN 2022, CRESCENT COVE WELCOMED MORE PARENTS FOR OVERNIGHT STAYS TO ACCOMPANY THE FIRST NIGHT OF RESPITE STAY FOR CHILDREN WHO WERE STAYING FOR THE FIRST TIME AS WELL AS THOSE STAYING FOR END-OF-LIFE CARE. INTEGRATIVE THERAPIES LIKE MUSIC THERAPY, MASSAGE THERAPY, CREATIVE ARTS AND PET THERAPY CONTINUED TO BE PROVIDED SEVERAL TIMES EACH WEEK. CRESCENT COVE HOSTED A SIBLING CAMP FOR THE FIRST TIME WITH 13 PARTICIPANTS AS WELL AS FAMILY GATHERINGS FOR A BACK TO SCHOOL GATHERING, MEMORIAL GATHERING AND HOLIDAY DRIVE-THRU. ADVOCACY & EDUCATION - A LARGE PART OF CRESCENT COVE'S EFFORT TOWARDS ACHIEVING OUR MISSION IS TO RAISE AWARENESS ABOUT THE NEED FOR ADDITIONAL SUPPORT FOR CHILDREN. IN EARLY 2022, CRESCENT COVE SUBMITTED A BILL TO THE MINNESOTA STATE LEGISLATURE ADVOCATING FOR STATE COVERAGE FOR END-OF-LIFE CARE FOR CHILDREN AT A RESIDENTIAL HOSPICE. THE BILL WAS NOT PASSED DURING THE 2022 LEGISLATIVE SESSION AS THE LEGISLATURE ENDED UP ONLY PASSING A FEW BILLS WITHOUT FISCAL NOTES AND SO IT WILL BE PRESENTED AGAIN IN 2023. ADDITIONALLY, CRESCENT COVE HOSTED ITS ANNUAL PEDIATRIC PALLIATIVE CARE SYMPOSIUM IN OCTOBER, 2022 WITH OVER 100 VIRTUAL PARTICIPANTS AND 6 LOCAL, NATIONAL AND INTERNATIONAL PRESENTERS. THE MISSION OF CRESCENT COVE WAS ALSO SHARED AT SPEAKING ENGAGEMENTS WITH ROTARY CLUBS, LIONS CLUB AND MANY OTHER EVENTS HELD AND PLANNED IN SUPPORT OF CRESCENT COVE'S MISSION. INTERNALLY, EDUCATION IS OFFERED ON A REGULAR BASIS TO STAFF AT MONTHLY CLINICAL MEETINGS AND QUARTERLY ALL-STAFF MEETINGS.

    Expenses $1,892,361 · Revenue $638,775

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alicia Bame-Anderson

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Bill Hickey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Brian Osberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Darren Beckstrand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Melissa Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Geoff Kaufmann

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Jennifer Thienes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Katie Lindenfelser

    EXECUTIVE DIR.

    Total calculated
    $89,274
    From this org
    $86,674
    From related orgs
    $0
    Other
    $2,600
    Hours/week
    25

  • Keith Moeller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Margrette Newhouse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Raenell Dorn

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Rich Forschler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Carol Russel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Karhryn Koehne

    DIRECTOR

    Total calculated
    $137,232
    From this org
    $113,817
    From related orgs
    $0
    Other
    $23,415
    Hours/week
    40

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CRESCENT COVE LLC

    HOLDING COMPANY FOR LAND, BUILDING AND RELATED DEBT · MN

    Directly controlled by CRESCENT COVE

Provenance

Return type
form_990
Tax year
2022
Filed
11 July 2023
IRS schema version
2022v5.0
Source object
202302029349300410

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