Cobb Community Foundation Inc

Nonprofit profile at a glance

EIN
205652970
IRS 990 coverage
2010–2025
Forms available
Form 990 2025, Form 990-T 2022
Location
Atlanta, GA, USA
Phone
7708592366
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$9,654,430
Expenses
$7,908,081
Assets
$38,711,250
Liabilities
$10,146,594

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • SHARI MARTIN (PRESIDENT & CEO)

Highest reported compensation

  • SHARI MARTIN (PRESIDENT & CEO): $174,812 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Cobb community foundation's mission is to be a catalyst for a thriving community by mobilizing people, ideas, and resources to improve to quality of life in and around cobb.

What it reported doing in 2025

Strategic initiatives: cobb community foundation is focusing our discretionary community grantmaking on two key areas: nonprofit capacity building and community problem-solving. In addition to the resources and tools provided during match magic, ccf has worked with community members to identify, develop, and fund programs that would be most beneficial to selected organizations. In addition to a nonprofit learning series ("ignite"), ccf partnered with kennesaw state university (ksu) to fund participation in the certified nonprofit professional program, the only nationally recognized credential in nonprofit management that provides learning and real-world experience. The credential is obtained through a six-month online course plus in-person workshops, facilitated and hosted by ksu. Following completion of the program and workshops, each participant received a $5,000 unrestricted grant. The program is being repeated in 2026. Capacity building grants totalled $47,700 in 2025. To determine community issues in most need of solving and to provide a launch pad for a broad-based community-wide problem-solving initiative, ccf is updating its 2019 cobb human needs assessment with cobb vital signs. Until this study is complete, we are continuing our focus on childcare and early learning ($64,152 in grants in 2025), mental health and wellness ($27,830 in grants), and economic mobility ($15,000 in grants). Finally, ccf has also provided support hyper-locally with mini-grants. The cumulative amount distributed for these in 2025 was $4,700.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.6%; rating input score 83
  • Program expense ratio: 94%; rating input score 94
  • Fundraising efficiency: $36.44 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 88.7%; rating input score 89; 31st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18.1%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 4.9; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 17.7% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 82.6% of revenue deployed · 94% of spending went to programs
  • Governance: 30 of 30 board members independent · 8 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $7.4M in reported program spending
  • Leadership: top reported pay $175K · 31 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 153 filed money-flow records
  • Related organizations: 148 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.