Cobb Collaborative INC EIN 58-2278352

Cobb Collaborative INC FY2020 filing

EIN  58-2278352 Public charity (501(c)(3)) Smyrna, GA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Brings community leaders together to solve local problems and share resources.
Leadership
Irene Barton · Executive Director · $50K
Money in and out
$145K revenue, $145K expenses
Bottom line
79% program efficiency

Brings community leaders together to solve local problems and share resources. For fiscal year 2020 it reported $145K in revenue, $145K in expenses, and $73K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$145K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$73K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.15 Fundraising $0.06
Program efficiency
79%
of spending reaches programs
Operating runway
4.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
0%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$145K
FY2020
Expenses
$145K
FY2020
Total assets
$82K
FY2020
Total liabilities
$9K
FY2020
Total revenue
$145K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$73K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4
Total assetsPt X · Ln 16$82K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $115K of program spending, described in the organization's own filed words · FY2020.
01

During the year the Collaborative hosted various capacity building training and networking events. Overall attendance increased and we had just over one thousand individauls attend workshops, seminars, meetings networking events, etc.

$115Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCobb Collaborative INC
EINHdr · item D58-2278352
Principal addressHdr · item CSmyrna, GA
WebsiteHdr · item Jcobbcollaborative.org
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 BMFDec 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$50,000Pt 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
Board Member
$0Pt VII · Sec A

Irene Barton’s $53K as Executive Director is at the 32nd 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

NameFY2021FY2020
Irene Barton$53,097$50,000

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 & grants$135K · 93%
Program service revenue$10K · 7%
Contributions & grants93%$135K
Program service revenue7%$10K
— government grantsLn 1e$63K
Total revenueLn 12$145K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.15 Fundraising $0.06
Program services79%$115K
Management & general15%$22K
Fundraising6%$8K
Total functional expensesLn 25$145K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$82K
Total liabilitiesLn 26$9K
Total net assetsLn 32$73K
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses (Pt IX) $145K · Less non-cash grants $1K · Cash operating expenses/yr $144K
4.3 months
Where the money goes
Program services
Program services $115K · Total expenses $145K
79%
Management & General
Management & general $22K · Total expenses $145K
15%
Fundraising
Fundraising $8K · Total expenses $145K
6%
Cost to raise $1
Fundraising expense $8K · Solicited contributions $73K
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $135K · Total revenue $145K
93%
Government reliance
Government grants $63K · Total revenue $145K
43%
Earned-income share
Program service revenue $10K · Total revenue $145K
7%
Investment reliance
Investment income $0 · Total revenue $145K
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $145K
7%
Growth & trend
Revenue growth (YoY)
This year $145K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $73K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $145K · Expenses $145K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $82K
Net-asset ratio
Net assets $73K · Total assets $82K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $82K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Irene Barton · Reported title Executive Director · Highest reported compensation $50K · Total expenses $145K
34%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $74K · Total expenses $145K
51%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 15%
Fundraising cost ratio 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 6%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$7K

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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)$778K revenue · ⤓ 990 PDF
FY2023$787K revenue · ⤓ 990 PDF
FY2022$483K revenue · ⤓ 990 PDF
FY2021$313K revenue · ⤓ 990 PDF
FY2020$145K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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