The Cotton Charitable Foundation FY2020 filing

Tax-deductible

Houston, TX501(c)(3)Foundations & GrantmakersEIN 20-8229692Revenue $150K in FY2020

On file with the IRScottonfoundation.com840 W Sam Houston Pkwy N, 77024-4610 · Houston, TXTax-exempt since Jun 2007Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

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.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $183K a year · 47% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
58 mo
of spending, in cash
Looks good: 58.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $300
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$150K
Spent
$206K
To programs
77%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$150K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$150K
FY2021$385K
FY2022$470K
FY2023$663K
FY2024$289K
Expenses
$206K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$206K
FY2021$272K
FY2022$233K
FY2023$213K
FY2024$116K
Net assets
$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.5M
FY2023$1.9M
FY2024$2.1M

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $158K Management & general 23% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Cotton Charitable Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Restores hope to children and individuals impacted by natural disasters and life challenges.

Questions for The Cotton Charitable Foundation

Tap to ask. The Cotton Charitable Foundation sees how many people are interested.

Your first name shows with your question. The Cotton Charitable Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $39K · in their own filed words · FY2020
01

Sponsorship of bandera isd 2020 navy cadet corps program.

$25Kprogram expense
02

Donations of baby supplies to ST. John's bosco catholic church of westlake la to distribute to people adversly affected by hurricane laura. Distributions were made to benefit 500 individuals.

$8Kprogram expense
03

Donations of boxed lunches to chi ST. Luke's health - baylor ST. Luke's medical center as part of the healthcare heroes program meant to benefit 1,500 individuals.

$6Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$300
Grants paid · 18 grants · $148K · 2020–2024
American Cancer Society INCGA · FY2024$7,500
Second Mountain MinistriesTX · FY2024$3,500
Urban Harvest INCTX · FY2023$10,000
Unbound GlobalTX · FY2023$5,000
Pink Bows FoundationTX · FY2023$5,000
Dress for Success WorldwideNY · FY2023$5,000
Urban Harvest INCTX · FY2022$6,000
Leukemia & Lymphoma SocietyNY · FY2022$5,000
Dress for Success WorldwideNY · FY2022$5,000
Jamie's HopeTX · FY2022$5,000
Deliver FundMT · FY2021$10,000
Jamie's HopeTX · FY2021$5,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$150K
Ln 12
Gifts and grantsLn 1h$171K
Investment incomeLn 3$5K
Money outPt IX
$206K
Ln 25
Programscol B$158K
Managementcol C$48K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$998K
Total assetsLn 16$1.1M
LiabilitiesLn 26$5K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$171K
Noncash giftsLn 1g$3K
Fundraising eventsLn 1c$169K
Investment incomeLn 3$5K
Total revenueLn 12$150K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$993K
Cash and savings togetherLn 1–2$998K
Land, buildings, equipmentLn 10c$112K
Other assetsLn 15$14K
Total assetsLn 16$1.1M
LiabilitiesLn 26$5K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.1M$998K
Land, buildings, equipmentLn 10c$112K$112K
Total assetsLn 16$1.2M$1.1M
LiabilitiesLn 26$2K$5K
Net assetsLn 32$1.2M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$83K$83K
Grants to domestic individualsLn 2$200$200
Other salaries and wagesLn 7$92K$69K$23K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$7K$5K$2K
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$161$161
Information technologyLn 14$3K$3K
TravelLn 17$2K$2K
InterestLn 20$151$151
Depreciation, depletion and amortizationLn 22$374$280$94
Other expenses (24a–d)Ln 24$2K$397$2K
All other expensesLn 24e$901$225$676
Total functional expensesLn 25$206K$158K$48K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $289K$116K$173K$2.1M 990 PDF
FY2023 $663K$213K$450K$1.9M 990 PDF
FY2022 $470K$233K$238K$1.5M 990 PDF
FY2021 $385K$272K$113K$1.2M 990 PDF
FY2020 Viewing $150K$206K−$56K$1.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $149,889 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $489,948$171,061
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $7,860$5,056
I-11 Other revenuePrior year −$145,478−$26,228
I-12 Total revenuePrior year $352,330$149,889
I-13 Grants and similar amounts paidPrior year $24,919$83,488
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $41,141$100,508
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $32,533$22,197
I-18 Total expensesPrior year $98,593$206,193
I-19 Revenue less expensesPrior year $253,737−$56,304
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $149,889 across 7 lines filed
VIII-1c Fundraising events$168,535
VIII-1f All other contributions, gifts and grants$2,526
VIII-1g Noncash contributions (included above)$2,526
VIII-1h Total contributions, gifts and grants$171,061
VIII-3 Investment incomeUnrelated business $5,056$5,056
VIII-8 Net income from fundraising eventsExcluded from tax −$26,228−$26,228
VIII-12 Total revenueRelated to mission $0 · Unrelated business $5,056 · Excluded from tax −$26,228$149,889
Part IX · Statement of functional expenses $206,193 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $83,288$83,288
IX-2 Grants to domestic individualsPrograms $200$200
IX-7 Other salaries and wagesPrograms $68,856 · Management $22,952$91,808
IX-9 Other employee benefitsManagement $1,999$1,999
IX-10 Payroll taxesPrograms $5,026 · Management $1,675$6,701
IX-11c Accounting feesManagement $1,345$1,345
IX-12 Advertising and promotionManagement $11,264$11,264
IX-13 Office expensesManagement $161$161
IX-14 Information technologyManagement $3,333$3,333
IX-17 TravelManagement $2,499$2,499
IX-20 InterestManagement $151$151
IX-22 Depreciation, depletion and amortizationPrograms $280 · Management $94$374
IX-24 Other expenses (24a–d)Programs $397 · Management $1,772$2,169
IX-24e All other expensesPrograms $225 · Management $676$901
IX-25 Total functional expensesPrograms $158,272 · Management $47,921 · Fundraising $0$206,193
Part X · Balance sheet $1,131,403 assets, 9 lines filed
Asset lines not itemized here account for $7,500; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $14,673$5,524
X-2 Savings and temporary cash investmentsStart of year $1,050,142$992,748
X-10c Land, buildings and equipment, netStart of year $112,255$111,881
X-15 Other assets$13,750
X-16 Total assetsStart of year $1,184,570$1,131,403
X-25 Other liabilitiesStart of year $2,311$5,448
X-26 Total liabilitiesStart of year $2,311$5,448
X-32 Total net assets or fund balancesStart of year $1,182,259$1,125,955
X-33 Total liabilities and net assetsStart of year $1,184,570$1,131,403
Part XI · Reconciliation of net assets $1,125,955 net assets at year end
XI-1 Total revenue$149,889
XI-2 Total expenses$206,193
XI-3 Revenue less expenses−$56,304
XI-4 Net assets at start of year$1,182,259
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,125,955

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.