Cooper Trooper Foundation
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$197,000.00
Projected Expenses
$188,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Cooper Trooper Foundation IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $114,440.00 | $132,418.00 | $182,298.00 |
| Total Expenses | $111,069.00 | $63,853.00 | $80,584.00 |
| Revenue Less Expenses | $3,371.00 | $68,565.00 | $101,714.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $10,653.00 | $18,333.00 | $19,693.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $279.00 |
| Investment Income, Net of Losses | $-14,437.00 | $4,909.00 | $1,645.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $121,224.00 | $109,176.00 | $160,681.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $92,021.00 | $41,885.00 | $56,833.00 |
| Administration Expense | $13,253.00 | $21,968.00 | $23,751.00 |
| Fundraising Expense | $5,795.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 103% | 207% | 226% |
| Program Expense/Total Expenses | 83% | 66% | 71% |
| Fundraising Expense/Contributed Revenue | 5% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Fundraising Events $121,224.00 | Fundraising Events $109,176.00 | Fundraising Events $160,681.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $10,653.00 | Contributions, Gifts, Grants $18,333.00 | Contributions, Gifts, and Grants $19,693.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Interest Income $4,909.00 | Investment Income $1,645.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $316,096.00 | $324,448.00 | $254,687.00 |
| Current Assets | $181,073.00 | $116,190.00 | $42,532.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $316,096.00 | $324,448.00 | $254,687.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| The Cooper Trooper Foundation was a 100% volunteer based organization until August of 2013 when the foundation hired it's first part time employee. This decision was made after the death of our co-founder Rod Cook to help with the day to day operations so that Missy could focus on the boys during this tough season of transition at the loss of her husband and the boys' dad. Due to the growth of the foundation, CTF was in a position to hire a part time employee with no adverse impact on the financial status of the programs of the foundation. An additional part time employee was needed to coordinate and oversee the operations with our Courage Kit program for siblings. In October of 2021, the Board voted and approved a salary for the Executive Director, who had been managing the foundation since 2009 without any compensation. |
Foundation Staff Comments
| Financial figures taken from the 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 prepared by Jonathan Langley, CPA. Comments provided by Nicole Rose 08/11/2023. |
