Cogswell Hall Inc
Nonprofit profile at a glance
- EIN
- 340714653
- IRS 990 coverage
- 2015–2020
- Forms available
- Form 990 2020
- Location
- Cleveland, OH, USA
- Phone
- 2169611568
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing, Shelter N.E.C.
Reported finances
- Revenue
- $172,171
- Expenses
- $137,505
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- JACQUELINE NOWLIN (VICE PRESIDENT AND DIRECTOR)
- WILLIAM CULBERTSON (PRESIDENT AND DIRECTOR)
People named in this filing
- GAIL BISESI (DIRECTOR)
- MARILYN COLEMAN (DIRECTOR)
- IRENE PATTON (SECRETARY AND DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cogswell hall is a permanent solution to homelessness that offers quality low-income housing with social services, builds community, and advocates for disabled and economically disadvantaged individuals
What it reported doing in 2020
The organization made supportive services available to all residents social workers on staff helped individual residents set and pursue personal goals and helped address their emotional, mental, financial and other needs - sometimes through direct services, and sometimes by linking them with community resources staff - sometimes aided by volunteers - conducted group activities including exercise, arts and crafts, a residents' discussion circle, a book discussion group, and game and movie nights the program includes an in house store in which residents can obtain food, clothing, personal care and household items that they need without spending any real dollars residents earn cogsmart cash by atiending programs and working their services plan optional housekeeping and laundry services were also made available to residents
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 41
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.3%; rating input score 61
- Program expense ratio: 76%; rating input score 76
- Fundraising efficiency: $12.85 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 20.1%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: -11.5% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -11.5% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -16.2% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 61.3% of revenue deployed · 76% of spending went to programs
- Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $104K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 6 filing years from 2015 to 2020
- Contacts: How to reach this organization
- Related organizations: 2 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 — Financial Efficiency: Fundraising efficiency scored 40/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.