Civic Intelligence

The Cool Cooperative Inc

990 • Fiscal year 2020 • EIN 46-4909146

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 03, 2021

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

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

54th percentile

7.8%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$74,634

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

81st percentile

57%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

408%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$22,624

Up $8,178 (+57%) from 2019

Net Assets

Up

$22,624

Up $21,178 (+1465%) from 2019

Liabilities

Down

$0

Down $13,000 (-100%) from 2019

Revenue

Up

$271,921

Up $218,367 (+408%) from 2019

Expenses

Down

$250,743

Down $895 (-0.4%) from 2019

Net Income

Up

$21,178

Up $219,262 (+111%) from 2019

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

2020

Assets$22,624
Liabilities$0
Net Assets$22,624

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

2020

Revenue$271,921
Expenses$250,743
Net Income$21,178
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 3, 2021
Return Version
2020v4.1
Gross Receipts
$271,921
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.

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--
Cash and Non-Interest-Bearing Accounts$3,673$11,851▲ $8,178
Inventories for Sale or Use$8,873$8,873→ $0
Total Assets$14,446$22,624▲ $8,178
Other Assets Total$1,900$1,900→ $0
Liabilities
Total Liabilities$13,000$0▼ $13,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,446$22,624▲ $21,178
Total Net Assets Fund Balance$1,446$22,624▲ $21,178
Total Liabilities and Net Assets / Fund Balance$14,446$22,624▲ $8,178

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseTotal
Joseph Kirby VossExecutive DirectorFT$74,634$74,634

Board Members and Trustees

NameTitle
Felicia StallardBoard Chair
Chris HitzmanBoard Member
Daniel LewisBoard Member
Jason WagonspackBoard Member
Jimmy HornbeakBoard Member
Larry HolmesBoard Member
Murray RothBoard Member
Paula DuplantisBoard Member
Susan BrennanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$271,921
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$22,571
Change in Net Assets
$21,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,600
Other Expenses$92,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$74,634$0$74,634
Other Salaries and Wages$63,489$0$0$63,489
All Other Expenses$36,679$11,031$0$47,710
Occupancy$22,621$0$0$22,621
Insurance$356$18,122$0$18,478
Payroll Taxes$5,433$5,710$0$11,143
Other Employee Benefits$9,334$0$0$9,334
Travel$1,853$0$0$1,853
Office Expenses$883$0$0$883
Advertising$598$0$0$598
Total Functional Expenses$141,246$109,497$0$250,743
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
2021-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph K Voss
Formed
2014
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
3
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 21137. 21137. 0. 0.

Form 990, Part IX, Line 24E

Dues & Subscriptions 2492. 0. 2492. 0.

Form 990, Part IX, Line 24E

Consultant and Professional Fees 2343. 0. 2343. 0.

Form 990, Part IX, Line 24E

Office Supplies & Equipment 1745. 0. 1745. 0.

Form 990, Part IX, Line 24E

Online Services 528. 0. 528. 0.

Form 990, Part IX, Line 24E

Training/Seminars 158. 0. 158. 0.

Form 990, Part IX, Line 24E

Meals & Entertainment 908. 908. 0. 0.

Form 990, Part IX, Line 24E

Postage/Shipping 23. 0. 23. 0.

Form 990, Part IX, Line 24E

Software 2879. 0. 2879. 0.

Form 990, Part IX, Line 24E

License 35. 0. 35. 0.

Form 990, Part IX, Line 24E

Miscellaneous 3663. 3663. 0. 0.

Form 990, Part IX, Line 24E

Utilities 3370. 3370. 0. 0.

Form 990, Part IX, Line 24E

Bank Service Charges 128. 0. 128. 0.

Form 990, Part IX, Line 24E

Contract Labor 3926. 3926. 0. 0.

Form 990, Part IX, Line 24E

Payroll Processing Fees 2067. 2067. 0. 0.

Form 990, Part IX, Line 24E

Education 700. 0. 700. 0.

Form 990, Part IX, Line 24E

Equipment Rental 1608. 1608. 0. 0.

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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0237821
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt053554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0441181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0298035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0462516
IRS990ScheduleA/Total509Grp/TotalAmt01493107
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01493107
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
IRS990/ScheduleJRequiredInd0false
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 21137. 21137. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues & Subscriptions 2492. 0. 2492. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Consultant and Professional Fees 2343. 0. 2343. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Supplies & Equipment 1745. 0. 1745. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Online Services 528. 0. 528. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Training/Seminars 158. 0. 158. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Meals & Entertainment 908. 908. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Postage/Shipping 23. 0. 23. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Software 2879. 0. 2879. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13License 35. 0. 35. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Miscellaneous 3663. 3663. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Utilities 3370. 3370. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Bank Service Charges 128. 0. 128. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Contract Labor 3926. 3926. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Payroll Processing Fees 2067. 2067. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Education 700. 0. 700. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Equipment Rental 1608. 1608. 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014446
IRS990/TotalAssetsEOYAmt022624
IRS990/TotalAssetsGrp/BOYAmt014446
IRS990/TotalAssetsGrp/EOYAmt022624
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0271921
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109497
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0141246
IRS990/TotalFunctionalExpensesGrp/TotalAmt0250743
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013000
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt013000
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022624
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0141246
IRS990/TotalReportableCompFromOrgAmt074634
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0271921
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014446
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022624
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01853
IRS990/TravelGrp/TotalAmt01853
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0105 Jarrell Drive
IRS990/USAddress/CityNm0Belle Chasse
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070037
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.thecoolcooperative.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph K Voss
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03103091444
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-03
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

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