Cortlandia Fund Inc

Nonprofit profile at a glance

EIN
845153457
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Atlanta, GA, USA
Phone
4049653988
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Emergency Assistance

Reported finances

Revenue
$67,041
Expenses
$96,114
Assets
$83,177
Liabilities
$308

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • AMY HOLLINGSHEAD (PRESIDENT)

People named in this filing

  • AMY HOLLINGSHEAD (PRESIDENT)
  • TONY KENNEDY (TREASURER)
  • ANALIA SEREBRENIK (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Cortlandia fund, inc. (the "fund") was formed to provide grants to needy employees and theirfamilies when they face personal or family hardships. The fund is intended to be a public charity employee assistance program as described in IRS publication 3833, disaster relief. Recipients of aidfrom the fund will be those members of the workforce of cortland and its affiliated entities ("cortland") and their families facing financial need as a result of an unexpected hardship or crisis.

What it reported doing in 2024

To provide grants to needy employees and their families when they face unexpected personal or family hardships.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.7%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -43.4%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 76.9% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -29.4% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 28.2% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $92K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.