To build a strong community by first building strong families.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 17 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
5 of 5
filings with a surplus
Average surplus $93K a year · 10% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$90K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
15 mo
of spending, in cash
Looks good: 14.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $113K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+14% vs prior year
Spent
$997K
To programs
92%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$758K
FY2021$810K
FY2022$828K
FY2023$950K
FY2024$1.1M
Expenses
$997K
FY2024▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$650K
FY2021$707K
FY2022$746K
FY2023$867K
FY2024$997K
Net assets
$1.5M
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.3M
FY2023$1.4M
FY2024$1.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1982.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $920K Management & general 8% · $77K Fundraising 0% · $591

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

18 people listed on the 990; $90K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$90,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Carla Olson’s $90K as Executive Director is at the 25th percentile of top reported officer pay among 3869 $1–10M human services 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
Carla Olson$90,000$82,500$80,000$81,500$70,000

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.

See The Parenting Cottage executive salaries →

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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

Strengthens families to build a stronger community.

Questions for The Parenting Cottage

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Provided by the organization

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1 program · $920K · in their own filed words · FY2024
01

The parenting cottage provided a broad range of educational services to families in lubbock county, including the implementation of an in home visitation program utilizing a nationally recognized curriculum, parents as teachers, that provides parenting education, early childhood development education and tools for parents to move their…

$920Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$113K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.0M
Investment incomeLn 3$38K
Money outPt IX
$997K
Ln 25
Programscol B$920K
Managementcol C$77K
Fundraisingcol D$591
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.5M
LiabilitiesLn 26$20K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$786K
Noncash giftsLn 1g$43K
Investment incomeLn 3$38K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$688K
SavingsLn 2$541K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$7K
Land, buildings, equipmentLn 10c$81K
Total assetsLn 16$1.5M
LiabilitiesLn 26$20K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 511
VolunteersI 617
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$1.2M
InvestmentsLn 11–13$7K$7K
Land, buildings, equipmentLn 10c$86K$81K
Total assetsLn 16$1.4M$1.5M
LiabilitiesLn 26$17K$20K
Net assetsLn 32$1.4M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$90K$90K
Other salaries and wagesLn 7$333K$285K$48K
Other employee benefitsLn 9$83K$73K$10K
Payroll taxesLn 10$32K$32K
Accounting feesLn 11c$216K$216K
Office expensesLn 13$26K$23K$3K$345
Information technologyLn 14$10K$8K$2K
OccupancyLn 16$23K$20K$3K
TravelLn 17$17K$17K
Conferences, conventions and meetingsLn 19$11K$11K
Depreciation, depletion and amortizationLn 22$5K$5K$561
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$142K$131K$11K$246
Total functional expensesLn 25$997K$920K$77K$591

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$997K$86K$1.5M 990 PDF
FY2023 $950K$867K$83K$1.4M 990 PDF
FY2022 $828K$746K$82K$1.3M 990 PDF
FY2021 $810K$707K$104K$1.2M 990 PDF
FY2020 $758K$650K$108K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,083,843 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $913,919$1,046,009
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $35,920$37,834
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $949,839$1,083,843
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 $464,767$538,178
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $401,846$459,248
I-18 Total expensesPrior year $866,613$997,426
I-19 Revenue less expensesPrior year $83,226$86,417
Part VI · Governance 17 of 17 board members independent, 1 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,083,843 across 7 lines filed
VIII-1a Federated campaigns$134,695
VIII-1e Government grants$786,284
VIII-1f All other contributions, gifts and grants$125,030
VIII-1g Noncash contributions (included above)$43,028
VIII-1h Total contributions, gifts and grants$1,046,009
VIII-3 Investment incomeExcluded from tax $37,834$37,834
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $37,834$1,083,843
Part IX · Statement of functional expenses $997,426 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $90,000$90,000
IX-7 Other salaries and wagesPrograms $285,019 · Management $48,183$333,202
IX-9 Other employee benefitsPrograms $72,774 · Management $9,750$82,524
IX-10 Payroll taxesPrograms $32,452$32,452
IX-11c Accounting feesPrograms $216,361$216,361
IX-13 Office expensesPrograms $22,547 · Management $2,680 · Fundraising $345$25,572
IX-14 Information technologyPrograms $7,993 · Management $1,584$9,577
IX-16 OccupancyPrograms $19,818 · Management $3,082$22,900
IX-17 TravelPrograms $16,560$16,560
IX-19 Conferences, conventions and meetingsPrograms $11,045$11,045
IX-22 Depreciation, depletion and amortizationPrograms $4,717 · Management $561$5,278
IX-23 InsurancePrograms $9,682$9,682
IX-24 Other expenses (24a–d)Programs $130,633 · Management $11,394 · Fundraising $246$142,273
IX-25 Total functional expensesPrograms $919,601 · Management $77,234 · Fundraising $591$997,426
Part X · Balance sheet $1,514,848 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $803,415$688,058
X-2 Savings and temporary cash investmentsStart of year $278,830$541,071
X-4 Accounts receivableStart of year $231,934$178,271
X-9 Prepaid expenses and deferred chargesStart of year $17,903$19,699
X-10c Land, buildings and equipment, netStart of year $86,045$80,764
X-11 Publicly traded securitiesStart of year $6,985$6,985
X-16 Total assetsStart of year $1,425,112$1,514,848
X-17 Accounts payable and accrued expensesStart of year $17,157$20,476
X-26 Total liabilitiesStart of year $17,157$20,476
X-27 Net assets without donor restrictionsStart of year $1,367,696$1,451,552
X-28 Net assets with donor restrictionsStart of year $40,259$42,820
X-32 Total net assets or fund balancesStart of year $1,407,955$1,494,372
X-33 Total liabilities and net assetsStart of year $1,425,112$1,514,848
Part XI · Reconciliation of net assets $1,494,372 net assets at year end
XI-1 Total revenue$1,083,843
XI-2 Total expenses$997,426
XI-3 Revenue less expenses$86,417
XI-4 Net assets at start of year$1,407,955
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,494,372

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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