Totals
- Total revenue
- $470,212
- Total expenses
- $232,591
- Contributions and grants received
- $631,193
- Grants paid
- $77,698
- Program service revenue
- $0
- Investment income
- $4,694
- Other revenue
- -$165,675
- Total assets, end of year
- $1,509,676
- Total liabilities, end of year
- $33,108
- Net assets or fund balances, end of year
- $1,476,568
- Program services expenses (Part IX)
- $154,425
- Management and general expenses
- $78,166
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $154,425
Program services were 66.4% 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
$579,568
-
1f · All other contributions, gifts and grants
$51,625
-
3 · Investment income
total $4,694 · unrelated business $4,694
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$579,568
-
8b · Fundraising events: direct expenses
$165,675
-
8c · Net income from fundraising events
total -$165,675 · excluded -$165,675
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $77,390 · program services $77,390
-
2 · Grants to domestic individuals
total $308 · program services $308
-
7 · Other salaries and wages
total $91,000 · program services $68,250 · management and general $22,750
-
9 · Other employee benefits
total $5,021 · management and general $5,021
-
10 · Payroll taxes
total $6,827 · program services $5,120 · management and general $1,707
-
11c · Fees: accounting
total $3,695 · management and general $3,695
-
11g · Fees: other
total $4,007 · program services $3,157 · management and general $850
-
12 · Advertising and promotion
total $6,505 · management and general $6,505
-
13 · Office expenses
total $1,176 · management and general $1,176
-
14 · Information technology
total $3,940 · management and general $3,940
-
17 · Travel
total $2,428 · management and general $2,428
-
20 · Interest
total $339 · management and general $339
-
22 · Depreciation, depletion and amortization
total $187 · program services $140 · management and general $47
-
23 · Insurance
total $7,443 · management and general $7,443
-
24a · Other expenses: POSTAGE
total $9,223 · management and general $9,223
-
24b · Other expenses: SQUARE CHARGES
total $3,689 · management and general $3,689
-
24c · Other expenses: PAYPAL CHARGES
total $3,234 · management and general $3,234
-
24d · Other expenses: SUBSCRIPTIONS
total $2,150 · management and general $2,150
-
24e · All other expenses
total $4,029 · program services $60 · management and general $3,969
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $30,023 · end of year $37,764
-
2 · Savings and temporary cash investments
beginning of year $1,100,278 · end of year $1,344,867
-
7 · Other notes and loans receivable
beginning of year $19,281 · end of year $15,726
-
10a · Land, buildings and equipment: cost or other basis
$126,977
-
10b · Land, buildings and equipment: accumulated depreciation
$15,658
-
10c · Land, buildings and equipment, net
beginning of year $111,506 · end of year $111,319
-
25 · Other liabilities
beginning of year $22,141 · end of year $33,108
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,238,947 · end of year $1,476,568
Mission and programs · 2022
Mission
THE COTTON FOUNDATION IS DEDICATED TO RESTORING HOPE TO CHILDREN AND INDIVIDUALS WHOSE LIVES HAVE BEEN AFFECTED BY NATURAL DISASTERS AND OTHER LIFE-CHANGING CHALLENGES.
-
PROVIDED TEMPORARY HOUSING FOR THE FAMILIES OF VICTIMS OF THE UVALDE, TEXAS SCHOOL SHOOTING.
Expenses $14,658
-
SPONSORSHIP OF BOMA VETERANS SCHOLARSHIP.
Expenses $10,000 · Grants $10,000
-
TO SUPPORT THEIR EFFORTS TO PROVIDE RESOURCES AND EDUCATION TO OVER 135 LOCAL GARDENS AND SUPPORTING THE COMMUNITIES IN GROWING THEIR OWN FOOD AND CREATING SUSTAINABLE GREENSPACES.
Expenses $6,000 · Grants $6,000
-
GIFTS AND ASSISTANCE DEDICATED TO THE ASSISTANCE FOR NEEDY FAMILIES IN THE RECOVERY FROM DISASTERS AND THE PROMOTION OF EDUCATION.
Expenses $123,767 · Grants $61,698
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Daryn EbrechtDARYN EBRECHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Peter J BellPETER J BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marsha CampbellMARSHA CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
-
$6,000
TO SUPPORT THEIR EFFORTS TO PROVIDE RESOURCES AND EDUCATION TO OVER 135 LOCAL GARDENS AND SUPPORTING THE COMMUNITIES IN GROWING THEIR OWN FOOD AND CREATING SUSTAINABLE GREENSPACES.
-
$5,000
TO SUPPORT MEDICINE RESEARCH AT MD ANDERSON CANCER CENTER WHILE ASSITING CANCER PATIENTS AND RAISING AWARENESS ON CANCER PREVENTION AND EARLY DETECTION.
-
$5,000
TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE, AND THE DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND IN LIFE.
-
$5,000
TO SUPPORT THEIR MISSION TO CURE LEUKEMIA, LYMPHOMA, HODGKIN'S DISEASE AND MYELOMA, AND IMPROVE THE QUALITY OF LIFE OF PATIENTS AND THEIR FAMILIES.
-
TO PROVIDE RESOURCES TO ENRICH TEACHING, INSPIRE LEARING, AND ENHANCE OPPORTUNITIES. TO UNITE THE COMMUNITY AND PROVIDE A COMPETITIVE ADVANTAGE FOR KATY ISD STUDENTS AND TEACHERS THROUGH TARGETED INVESTMENTS IN KATY ISD SCHOOLS.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349331508
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