Cohabitat Foundation INC FY2020 filing

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Cohab is a nonprofit hub providing entrepreneurs at all levels the traction to achieve success. We believe the pathway to a stronger community begins with empowering our home grown talent and keeping them rooted in north louisiana.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$86K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
0 of 5
filings with a surplus
Average deficit $28K a year · 12% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $50K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$146K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$202K
Spent
$240K
To programs
81%
Net assets
$200K
By yearFY2020–FY2024
Revenue
$202K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$202K
FY2021$239K
FY2022$245K
FY2023$304K
FY2024$198K
Expenses
$240K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$240K
FY2021$254K
FY2022$305K
FY2023$319K
FY2024$210K
Net assets
$200K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$200K
FY2021$186K
FY2022$125K
FY2023$115K
FY2024$102K

From the FY2020 Form 990 · see the original

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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 Jul 2010.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $193K Management & general 19% · $47K

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

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Who runs it and what they're paid

14 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$66,316Pt VII · Sec A
Board Member
$20,120Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jessica Schiele’s $66K as Executive Director is at the 43rd percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jessica Schiele$66,360$65,000$64,825$63,860$66,316
Everardo Recendiz$15,528$15,000$15,000$15,000$20,120
Daniel Sant$4,325$7,992———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cohabitat Foundation INC executive salaries →

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 15aYes

Programs and updates

Empowering local entrepreneurs with resources and support to build successful businesses.

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3 programs · $133K · in their own filed words · FY2020
01

Cohab's biztrax program supports new, small, and main street businesses in growing, adding employees and increasing revenue, thereby increasing the local tax base. In 2020, we provided business owners with a collaborative workspace, mentorship, and COVID-19 business support to help them be successful and grow.

$81Kprogram expense
02

Cohab's devtrax program supports small businesses and entrepreneurs through training in business plan writing, marketing, basic bookkeeping, and more. Devtrax also supports second stage businesses ($600k-$50 mil in gross annual revenue and 5100 employees) headquartered in louisiana through our ceo roundtable series.

$35Kprogram expense
03

Cohab cookhouse, our kitchen incubator program, supports culinary entrepreneurs across northwest louisiana. In 2020, we served roughly 15 food entrepreneurs whose services range from baking to manufacturing condiments to catering for charity educational programs.

$17Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$50K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$202K
Ln 12
Gifts and grantsLn 1h$190K
Fees for servicesLn 2g$10K
Other incomeLn 4–11$2K
Money outPt IX
$240K
Ln 25
Programscol B$193K
Managementcol C$47K
Owns and owesPt X
$200K
net assets · Ln 32
Cash and savingsLn 1–2$159K
Total assetsLn 16$346K
LiabilitiesLn 26$146K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$190K
Government grantsLn 1e$47K
Fees for servicesLn 2g$10K
Investment incomeLn 3$30
Other incomeLn 4–11$2K
Total revenueLn 12$202K
Assets in detailPt X, end of year
CashLn 1$154K
SavingsLn 2$4K
Cash and savings togetherLn 1–2$159K
Land, buildings, equipmentLn 10c$168K
Total assetsLn 16$346K
LiabilitiesLn 26$146K
Net assetsLn 32$200K
OperationsPt I, VI
EmployeesI 52
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$120K$159K
Land, buildings, equipmentLn 10c$159K$168K
Total assetsLn 16$279K$346K
LiabilitiesLn 26$41K$146K
Net assetsLn 32$238K$200K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$66K$50K$17K
Other salaries and wagesLn 7$14K$11K$4K
Payroll taxesLn 10$6K$5K$2K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$4K$2K$2K
Information technologyLn 14$7K$7K$74
OccupancyLn 16$46K$44K$2K
InterestLn 20$76$76
Depreciation, depletion and amortizationLn 22$23K$23K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$54K$46K$8K
All other expensesLn 24e$5K$3K$2K
Total functional expensesLn 25$240K$193K$47K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 4, 2025 $198K$210K−$13K$102K 990 PDF
FY2023Filed with the IRS Nov 4, 2024 $304K$319K−$14K$115K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $245K$305K−$60K$125K 990 PDF
FY2021Filed with the IRS Dec 21, 2022 $239K$254K−$15K$186K 990 PDF
FY2020 ViewingFiled with the IRS Nov 10, 2021 $202K$240K−$38K$200K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $202,027 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $252,548$190,187
I-9 Program service revenuePrior year $5,818$9,878
I-10 Investment incomePrior year $87$30
I-11 Other revenuePrior year $2,504$1,932
I-12 Total revenuePrior year $260,957$202,027
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $88,459$86,846
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $172,390$152,946
I-18 Total expensesPrior year $260,849$239,792
I-19 Revenue less expensesPrior year $108−$37,765
Part VI · Governance 10 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $202,027 across 8 lines filed
VIII-1b Membership dues$74,745
VIII-1e Government grants$47,119
VIII-1f All other contributions, gifts and grants$68,323
VIII-1h Total contributions, gifts and grants$190,187
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,878$9,878
VIII-3 Investment incomeExcluded from tax $30$30
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,932$1,932
VIII-12 Total revenueRelated to mission $11,810 · Unrelated business $0 · Excluded from tax $30$202,027
Part IX · Statement of functional expenses $239,792 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $49,737 · Management $16,579$66,316
IX-7 Other salaries and wagesPrograms $10,769 · Management $3,589$14,358
IX-10 Payroll taxesPrograms $4,629 · Management $1,543$6,172
IX-11c Accounting feesManagement $3,300$3,300
IX-11g Other fees for servicesManagement $2,488$2,488
IX-12 Advertising and promotionPrograms $4,502$4,502
IX-13 Office expensesPrograms $1,758 · Management $2,262$4,020
IX-14 Information technologyPrograms $6,591 · Management $74$6,665
IX-16 OccupancyPrograms $43,998 · Management $2,316$46,314
IX-20 InterestPrograms $76$76
IX-22 Depreciation, depletion and amortizationPrograms $22,691$22,691
IX-23 InsuranceManagement $3,765$3,765
IX-24 Other expenses (24a–d)Programs $45,553 · Management $8,385$53,938
IX-24e All other expensesPrograms $2,945 · Management $2,242$5,187
IX-25 Total functional expensesPrograms $193,249 · Management $46,543 · Fundraising $0$239,792
Part X · Balance sheet $346,285 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $117,716$154,186
X-2 Savings and temporary cash investmentsStart of year $2,477$4,459
X-4 Accounts receivable$20,000
X-10c Land, buildings and equipment, netStart of year $158,929$167,640
X-16 Total assetsStart of year $279,122$346,285
X-17 Accounts payable and accrued expensesStart of year $890$5,618
X-24 Unsecured notes and loans payableStart of year $25,000$140,200
X-26 Total liabilitiesStart of year $40,890$145,818
X-32 Total net assets or fund balancesStart of year $238,232$200,467
X-33 Total liabilities and net assetsStart of year $279,122$346,285
Part XI · Reconciliation of net assets $200,467 net assets at year end
XI-1 Total revenue$202,027
XI-2 Total expenses$239,792
XI-3 Revenue less expenses−$37,765
XI-4 Net assets at start of year$238,232
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$200,467

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

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