Select Cobb INC EIN 45-5131121

Select Cobb INC

EIN  45-5131121 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes economic development in Cobb County and the metro Atlanta region through initiatives that attract businesses, create jobs, and foster local business growth.
Leadership
Dana Johnson · Executive Director · $25K
Money in and out
$250K revenue, $298K expenses
Bottom line
78% program efficiency

Promotes economic development in Cobb County and the metro Atlanta region through initiatives that attract businesses, create jobs, and foster local business growth. For fiscal year 2024 it reported $250K in revenue, $298K in expenses, and $344K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$344K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$48K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.13 Fundraising $0.10
Program efficiency
78%
of spending reaches programs▼ -22% vs prior filing year
Operating runway
11.9mo
months of highly liquid reserves at operating expense rate▲ +750% vs prior filing year
Surplus margin
-19%
revenue over expenses, this year▼ -1527% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$250K
FY2024▼ -95%
Expenses
$298K
FY2024▼ -94%
Total assets
$367K
FY2024▼ -44%
Total liabilities
$22K
FY2024▼ -92%
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$344K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$48K
Total assetsPt X · Ln 16$367K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 354
Independent voting membersPt I · Ln 454
Mission & Programs · Part III

Where the work happens

1 program service account for $232K of program spending, described in the organization's own filed words · FY2024.
01

Enhance the economic development of cobb county and the metro atlanta region

$232Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSelect Cobb INC
EINHdr · item D45-5131121
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.selectcobb.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a54
Independent voting membersPt VI · Ln 1b54
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$24,823Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dana Johnson’s $25K as Executive Director is at the 14th percentile of top reported officer pay among 1711 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dana Johnson$24,823$23,841$23,703$22,548$20,534

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$250K
Other revenue$324
— government grantsLn 1e$250K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.13 Fundraising $0.10
Program services78%$232K
Management & general13%$37K
Fundraising10%$29K
Total functional expensesLn 25$298K

Balance Sheet

Part X · end of year
CashLn 1$296K
Total assetsLn 16$367K
Total liabilitiesLn 26$22K
Total net assetsLn 32$344K
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $296K · Operating expenses/yr $298K
11.9 months
Where the money goes
Program services
Program services $232K · Total expenses $298K
78%
Management & General
Management & general $37K · Total expenses $298K
13%
Fundraising
Fundraising $29K · Total expenses $298K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $24K · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $250K · Total revenue $250K
100%
Government reliance
Government grants $250K · Total revenue $250K
100%
Earned-income share
Program service revenue $0 · Total revenue $250K
0%
Investment reliance
Investment income $0 · Total revenue $250K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $298K
0%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $5.2M
-95%
Revenue CAGR
FY2020 $721K · FY2024 $250K
-23%
Net-asset trend (YoY)
End of year $344K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $298K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $367K
Net-asset ratio
Net assets $344K · Total assets $367K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $367K
0%
People & payroll
Highest Reported Total Compensation
Individual Dana Johnson · Reported title Executive Director · Highest reported compensation $25K · Total expenses $298K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $298K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 13%
Fundraising cost ratio 11%
Revenue growth -95%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 5%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 2 funders$52K
Grants paid · 182 grants · $4.5M · 2022–2023
Es Ga LLCFY2023$141,375
Kuehg CorpFY2023$141,375
La Petite Academy INCFY2023$84,825
Bright Horizons Children's Centers LLCFY2023$84,825
Sunshine House INCFY2023$56,550
Childtime Childcare INCFY2023$56,550
Tlr Ventures LLCFY2023$28,275
Omiela INCFY2023$28,275
Premier Ga Smyrna B LLCFY2023$28,275
Nmdv Kennesaw LLCFY2023$28,275
Kids Galaxy of Marietta LLCFY2023$28,275
Discovery One LLCFY2023$28,275
Premier Ga Kennesaw LLCFY2023$28,275
Elinks Educ CorpFY2023$28,275
Ka Scholars LLCFY2023$28,275
Mk-Educational Services LLCFY2023$28,275
Omiela & Alli-Rashad INCFY2023$28,275
Barat LLCFY2023$28,275
See all 182 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$250K revenue · viewing · ⤓ 990 PDF
FY2023$5.2M revenue · ⤓ 990 PDF
FY2022$250K revenue · ⤓ 990 PDF
FY2021$224K revenue · ⤓ 990 PDF
FY2020$721K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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