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Nonprofiteer
← COBALT FOUNDATION

Form 990 for tax year 2024

Filed by COBALT FOUNDATION.

Totals

Total revenue
$8,440,639
Total expenses
$8,765,805
Contributions and grants received
$7,743,081
Grants paid
$2,315,000
Program services expenses (Part IX)
$8,085,546
Management and general expenses
$325,128
Fundraising expenses
$355,131
Program service expenses (Part III)
$8,085,546

Program services were 92.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KAREN MIDDLETON

    PRESIDENT

    Total calculated
    $163,605
    From this org
    $160,005
    From related orgs
    $0
    Other
    $3,600
    Hours/week
    25 + 20 related

    Schedule J breakdown matched by us

    Base
    $160,005
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $3,600
    Filer's total
    $163,605
  • POLLY EHRENHAFT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • DON APTEKAR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RUTH CLEVENGER

    ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    1
  • KAIA GALLAGHER

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • SLOANE IRWIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRISTI NG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KELSEY SZYMANOWSKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CARA CHEEVERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOEANA MIDDLETON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • EV SCHLATTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BENJAMIN SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KEISHA ALLEN HORNER

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5
  • MOLLY BERGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JENNIFER HANCOCK

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • TYLER TRAFICANTI

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

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 — 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

None.

Answered no

  • 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

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2025
IRS schema version
2024v5.2
Source object
202533219349321853

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

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