Civic Intelligence

The Cool Cooperative Inc

990 • Fiscal year 2019 • EIN 46-4909146

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 14, 2020

105 Jarrell DriveBelle Chasse, LA 70037

(310) 309-1444

Siviq Scores

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

Liabilities / Assets

94th percentile

0.90x

Higher debt load relative to assets than 94% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.24x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

2nd percentile

-370%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$57,292

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 107.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

3rd percentile

-93%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-88%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$14,446

Down $185,084 (-93%) from 2018

Net Assets

Down

$1,446

Down $198,084 (-99%) from 2018

Liabilities

Up

$13,000

Up $13,000 from 2018

Revenue

Down

$53,554

Down $387,627 (-88%) from 2018

Expenses

Down

$251,638

Down $133,143 (-35%) from 2018

Net Income

Down

-$198,084

Down $254,484 (-451%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $70,955Liabilities 2014: $0Net Assets 2014: $70,9552014Assets 2015: $54,548Liabilities 2015: $0Net Assets 2015: $54,5482015Assets 2016: $227,753Liabilities 2016: $0Net Assets 2016: $227,7532016Assets 2017: $143,130Liabilities 2017: $0Net Assets 2017: $143,1302017Assets 2018: $199,530Liabilities 2018: $0Net Assets 2018: $199,5302018Assets 2019: $14,446Liabilities 2019: $13,000Net Assets 2019: $1,4462019Assets 2020: $22,624Liabilities 2020: $0Net Assets 2020: $22,6242020Assets 2021: $62,666Liabilities 2021: $0Net Assets 2021: $62,6662021Assets 2022: $274,887Liabilities 2022: $0Net Assets 2022: $274,8872022Assets 2023: $276,151Liabilities 2023: $0Net Assets 2023: $276,1512023Assets 2024: $320,613Liabilities 2024: $4Net Assets 2024: $320,6092024

Highlighted filing

2019

Assets$14,446
Liabilities$13,000
Net Assets$1,446

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $264,601Expenses 2014: $193,646Net Income 2014: $70,9552014Revenue 2015: $239,939Expenses 2015: $256,345Net Income 2015: -$16,4062015Revenue 2016: $462,516Expenses 2016: $289,312Net Income 2016: $173,2042016Revenue 2017: $298,035Expenses 2017: $382,658Net Income 2017: -$84,6232017Revenue 2018: $441,181Expenses 2018: $384,781Net Income 2018: $56,4002018Revenue 2019: $53,554Expenses 2019: $251,638Net Income 2019: -$198,0842019Revenue 2020: $271,921Expenses 2020: $250,743Net Income 2020: $21,1782020Revenue 2021: $367,591Expenses 2021: $327,549Net Income 2021: $40,0422021Revenue 2022: $565,999Expenses 2022: $353,679Net Income 2022: $212,3202022Revenue 2023: $423,463Expenses 2023: $422,199Net Income 2023: $1,2642023Revenue 2024: $598,856Expenses 2024: $584,568Net Income 2024: $14,2882024

Highlighted filing

2019

Revenue$53,554
Expenses$251,638
Net Income-$198,084
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 14, 2020
Return Version
2019v5.1
Gross Receipts
$53,554
Mission and Program Overview

Mission

The organization is dedicated to providing at-promise youth with academic support, mentorship,and job training and workforce development in the film industry to provide them with the

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors-$13,000-
Inventories for Sale or Use$8,873$8,873→ $0
Cash and Non-Interest-Bearing Accounts$190,657$3,673▼ $186,984
Total Assets$199,530$14,446▼ $185,084
Other Assets Total-$1,900-
Liabilities
Total Liabilities$0$13,000▲ $13,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$199,530$1,446▼ $198,084
Total Net Assets Fund Balance$199,530$1,446▼ $198,084
Total Liabilities and Net Assets / Fund Balance$199,530$14,446▼ $185,084

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,900--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joseph Kirby VossExecutive DirectorFT$57,292$57,292

Board Members and Trustees

NameTitle
Felicia StallardBoard Chair
Chris HitzmanBoard Member
David BraydenBoard Member
Jason WagonspackBoard Member
Jimmy HornbeakBoard Member
Larry HomesBoard Member
Murray RothBoard Member
Susan BrennanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$53,554
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,686
Change in Net Assets
$-198,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$162,657
Other Expenses$78,981
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$93,518$0$0$93,518
Current Officers, Directors, Trustees, and Key Employees$0$57,292$0$57,292
All Other Expenses$27,052$12,823$0$39,875
Insurance$0$18,213$0$18,213
Payroll Taxes$7,464$4,383$0$11,847
Occupancy$11,433$0$0$11,433
Grants to Domestic Orgs$10,000--$10,000
Advertising$4,707$0$0$4,707
Office Expenses$2,380$0$0$2,380
Fees for Services Other$2,373$0$0$2,373
Total Functional Expenses$158,927$92,711$0$251,638
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Flightsuit LLCNew Orleans, LA-filmmaker professional development and project creation$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees-$13,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Cool Cooperative Inc
EIN
46-4909146
Phone
3103091444
Address
105 Jarrell Drive, Belle Chasse, LA 70037

Signing Officer

Name
Joseph K Voss
Title
Executive Director
Phone
3103091444
Signed
2020-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph K Voss
Formed
2014
Legal Domicile
La
Voting Board Members
8
Independent Board Members
8
Employees
12
Volunteers
30

Preparer

Firm
Lawrence J Jacobi CPA LLC
Address
204 N I 10 SERVICE ROAD E, METAIRIE, LA 70005
Preparer
Sudie Sutter Joint
Phone
5043042323
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Executive Director reviewed the form with the CPA. Form 990 is provided to all board members to review.

Pt VI, Line 19

The documents will be provided to the public if requested.

Pt VI, Line 15B

The Executive Director and Board Chair compared salaries of non-profit organizations in the region to determine fair compensation.

Pt VI, Line 15A

The Executive Director and Board Chair compared salaries of non-profit organizations in the region to determine fair compensation.

Form 990, Part IX, Line 24E

After School Program Costs 18495. 18495. 0. 0.

Form 990, Part IX, Line 24E

Dues & Subscriptions 1633. 0. 1633. 0.

Form 990, Part IX, Line 24E

Consultant and Professional Fees 2533. 0. 2533. 0.

Form 990, Part IX, Line 24E

Travel, lodging and meetings 3178. 0. 3178. 0.

Form 990, Part IX, Line 24E

Office Supplies & Equipment 2683. 0. 2683. 0.

Form 990, Part IX, Line 24E

Online Services 320. 0. 320. 0.

Form 990, Part IX, Line 24E

Training/Seminars 1412. 0. 1412. 0.

Form 990, Part IX, Line 24E

Meals & Entertainment 2019. 2019. 0. 0.

Form 990, Part IX, Line 24E

Postage/Shipping 677. 0. 677. 0.

Form 990, Part IX, Line 24E

Software 1973. 1973. 0. 0.

Form 990, Part IX, Line 24E

License 105. 0. 105. 0.

Form 990, Part IX, Line 24E

Miscellaneous 844. 693. 151. 0.

Form 990, Part IX, Line 24E

Utilities 1416. 1416. 0. 0.

Form 990, Part IX, Line 24E

Bank Service Charges 131. 0. 131. 0.

Form 990, Part IX, Line 24E

Contract Labor 2456. 2456. 0. 0.

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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01900
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01900
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0filmmaker professional development and project creation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Flightsuit LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0813189504
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 24625
IRS990ScheduleI/RecipientTable/USAddress/CityNm0New Orleans
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070184
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Face Value
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Payroll
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt013000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Felicia Stallard
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt013000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director reviewed the form with the CPA. Form 990 is provided to all board members to review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The documents will be provided to the public if requested.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director and Board Chair compared salaries of non-profit organizations in the region to determine fair compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Director and Board Chair compared salaries of non-profit organizations in the region to determine fair compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4After School Program Costs 18495. 18495. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues & Subscriptions 1633. 0. 1633. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Consultant and Professional Fees 2533. 0. 2533. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Travel, lodging and meetings 3178. 0. 3178. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Office Supplies & Equipment 2683. 0. 2683. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Online Services 320. 0. 320. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Training/Seminars 1412. 0. 1412. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Meals & Entertainment 2019. 2019. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Postage/Shipping 677. 0. 677. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Software 1973. 1973. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14License 105. 0. 105. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Miscellaneous 844. 693. 151. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Utilities 1416. 1416. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Bank Service Charges 131. 0. 131. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Contract Labor 2456. 2456. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0199530
IRS990/TotalAssetsEOYAmt014446
IRS990/TotalAssetsGrp/BOYAmt0199530
IRS990/TotalAssetsGrp/EOYAmt014446
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt053554
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092711
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0158927
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251638
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt013000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt013000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0199530
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01446
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0158927
IRS990/TotalReportableCompFromOrgAmt057292
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt053554
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0199530
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014446
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0105 Jarrell Drive
IRS990/USAddress/CityNm0Belle Chasse
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070037
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.thecoolcooperative.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph K Voss
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03103091444
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Cool Cooperative Inc
ReturnHeader/Filer/BusinessNameControlTxt0COOL
ReturnHeader/Filer/EIN0464909146
ReturnHeader/Filer/PhoneNum03103091444
ReturnHeader/Filer/USAddress/AddressLine1Txt0105 Jarrell Drive
ReturnHeader/Filer/USAddress/CityNm0Belle Chasse
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070037
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A9FD45C15C4F632232B109870336AD72B1401914

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