Civic Intelligence

Special Needs Cobb Inc.

990 • Fiscal year 2021 • EIN 23-7162002

Oct 01, 2021 to Oct 31, 2021 • Filed on Aug 10, 2022

550 Kennesaw Avenue 900Marietta, GA 30060

(770) 427-8401

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

6.50x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

66th percentile

23%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

66th percentile

$91,845

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 153.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

70th percentile

22%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,153,510

Up $388,720 (+22%) from 2020

Net Assets

Up

$1,763,791

Up $68,707 (+4.1%) from 2020

Liabilities

Up

$389,719

Up $320,013 (+459%) from 2020

Revenue

Down

$59,982

Down $398,636 (-87%) from 2020

Expenses

Down

$46,431

Down $579,622 (-93%) from 2020

Net Income

Up

$13,551

Up $180,986 (+108%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,464,465Liabilities 2011: $23,664Net Assets 2011: $1,440,8012011Assets 2012: $1,530,105Liabilities 2012: $21,599Net Assets 2012: $1,508,5062012Assets 2015: $1,630,080Liabilities 2015: $18,277Net Assets 2015: $1,611,8032015Assets 2016: $1,751,083Liabilities 2016: $21,783Net Assets 2016: $1,729,3002016Assets 2017: $1,950,330Liabilities 2017: $29,371Net Assets 2017: $1,920,9592017Assets 2018: $1,873,473Liabilities 2018: $16,994Net Assets 2018: $1,856,4792018Assets 2019: $1,870,895Liabilities 2019: $8,376Net Assets 2019: $1,862,5192019Assets 2020: $1,764,790Liabilities 2020: $69,706Net Assets 2020: $1,695,0842020Assets 2021: $2,153,510Liabilities 2021: $389,719Net Assets 2021: $1,763,7912021Assets 2024: $1,318,986Liabilities 2024: $79,034Net Assets 2024: $1,239,9522024

Highlighted filing

2021

Assets$2,153,510
Liabilities$389,719
Net Assets$1,763,791

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $319,4022011Expenses 2012: $300,0002012Revenue 2015: $329,307Expenses 2015: $359,701Net Income 2015: -$30,3942015Revenue 2016: $472,841Expenses 2016: $355,344Net Income 2016: $117,4972016Revenue 2017: $571,382Expenses 2017: $379,723Net Income 2017: $191,6592017Revenue 2018: $343,111Expenses 2018: $407,591Net Income 2018: -$64,4802018Revenue 2019: $397,680Expenses 2019: $391,640Net Income 2019: $6,0402019Revenue 2020: $458,618Expenses 2020: $626,053Net Income 2020: -$167,4352020Revenue 2021: $59,982Expenses 2021: $46,431Net Income 2021: $13,5512021Revenue 2024: $582,675Expenses 2024: $776,166Net Income 2024: -$193,4912024

Highlighted filing

2021

Revenue$59,982
Expenses$46,431
Net Income$13,551
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Oct 31, 2021
Signed
Aug 10, 2022
Return Version
2021v4.0
Gross Receipts
$69,036
Mission and Program Overview

Mission

Special Needs Cobb, Inc. is committed to promoting opportunities for all people with developmental disabilities to live full, productive, self-determined lives of the highest quality by fostering local communities which embrace all people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,248,476$1,311,558▲ $63,082
Land, Buildings, and Equipment, Net$611,416$609,239▼ $2,177
Pledges and Grants Receivable$157,414$145,770▼ $11,644
Cash and Non-Interest-Bearing Accounts$43,894$45,838▲ $1,944
Other Notes and Loans Receivable, Net$77,675$28,460▼ $49,215
Prepaid Expenses and Deferred Charges$12,645$12,645→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,151,520$2,153,510▲ $1,990
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$289,565$289,304▼ $261
Unsecured Notes Loans Payable$80,471$80,471→ $0
Deferred Revenue$32,947--
Accounts Payable and Accrued Expenses$18,394$19,944▲ $1,550
Total Liabilities$421,377$389,719▼ $31,658
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,730,143$1,760,791▲ $30,648
Net Assets With Donor Restrictions-$3,000-
Total Net Assets Fund Balance$1,730,143$1,763,791▲ $33,648
Total Liabilities and Net Assets / Fund Balance$2,151,520$2,153,510▲ $1,990

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$391,442$110,851$502,293
Leasehold Improvements$131,285$6,910$138,195
Equipment$41,802$52,547$94,349
Other Land Buildings$14,810$41,129$55,939
Land$29,900-$29,900
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debra DayCEOFT$91,845$91,845

Board Members and Trustees

NameTitle
Parks HuffVicechair-legal
Kay HiottPresident
Betty WilliardDirector
David IveyDirector
Kim MartinDirector
Mary Ann EmbletonDirector
Matt McManusDirector
Paul CallawayDirector
Kristin PewittSecretary
Pam BremsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,426
Program Service Revenue
$13,164
Investment Income
$1,849
Other Revenue
$34,543
All Other Contributions
$7,505
Change in Net Assets
$13,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,970
Salaries, Compensation, and Employee Benefits$21,461
Total Fundraising Expense$4,630
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,004$1,257$300$11,561
Current Officers, Directors, Trustees, and Key Employees$5,774$866$577$7,217
Insurance$4,266$87$36$4,389
Advertising$4,375--$4,375
Fees for Services Other$253$384$3,164$3,801
Fees for Service Investment Mgmnt Fees-$3,233-$3,233
Depreciation Depletion$1,796$229$152$2,177
Payroll Taxes$1,316$177$73$1,566
Occupancy$1,202$89$37$1,328
Other Employee Benefits$939$126$52$1,117
Other Expenses$696$94$39$829
Interest$621$84$35$740
Information Technology$450$61$25$536
Office Expenses$401$54$22$477
Travel$138$14$6$158
Total Functional Expenses$34,561$7,240$4,630$46,431
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,597
Fundraising Direct Expenses$9,054
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$43,597$43,597$9,054$34,543
Total Events$43,597$43,597$9,054$34,543
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is electronically distributed to the executive committee of the board prior to filing

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board approves the chief executive officer's compensation

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Special Needs Cobb Inc
EIN
23-7162002
Phone
7704278401
Address
550 KENNESAW AVENUE 900, MARIETTA, GA 30060

Signing Officer

Name
Debra Day
Title
CEO
Signed
2022-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Day
Formed
1956
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
10
Employees
10
Volunteers
60

Preparer

Firm
Blad & Associates Pc
Address
1832 Independence Square Ste A, Dunwoody, GA 30338
Preparer
Robert S Blad CPA
Phone
7705127600
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IRS990/Desc0ADVOCACYSpecial Needs Cobb, Inc. has board members and staff on various community committees that deal with disability issues in order to have a voice in the quality and delivery of services. We also stay in touch with our legislators and community leaders keeping Developmental Disability issues in view at all times. Special Needs Cobb offers meetings and workshops on such subjects such as: Estate Planning for the Disabled, Public School Law, SSI and Medicaid issues. Our newsletter keeps families up to date on current issues that might impact their childs services and links them to meetings and public hearings of importance.RESPITESpecial Needs Cobb, Inc. is proud to be the only facilities-based weekend Respite Program for Special Needs in Cobb County. We serve developmentally disabled children and adults from age 8 up from seven metro area counties at this facility. We provide our weekend residents with outdoor and indoor activities, field trips, opportunities to go out in the community in our Respite van to the movies, dinner, athletic games, the Marietta Square, and bowling, just to name a few. Respite is defined as a brief period of relief or rest from work, pain, duty, etc. Respite Care is a period of relief for families who have ongoing caregiving responsibilities for a child or adult with disabilities.Our home is located in Smyrna, Georgia. The home is equipped with automatic smoke and fire alarm systems, is wheelchair accessible and ready to serve individuals with a myriad of disabilities. Clients are provided with a warm, home-style atmosphere. Those with medical problems can be cared for; special dietary needs can be accommodated; and assistance with physical disabilities is routine. A professional staff, aided by volunteers, is on hand to provide safe, competent, and compassionate care. Client disabilities can range from mild to severe or profound.
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