2024-07-12T10:20:55-05:00 2023-12-31 721396621 CARR RIGGS & INGRAM LLC 2403 82ND STREET LUBBOCK TX 79423 990 2023-01-01 751806027 THE PARENTING COTTAGE PARE 8067957552 3818 50TH STREET LUBBOCK TX 79413 CARLA OLSON EXECUTIVE DIRECTOR 8067957552 2024-06-26 1 CARLA OLSON 999009999 1 KIMBERLY D WARREN CPA P00954762 8067456789 2024-06-25 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z CARLA OLSON 3818 50TH STREET LUBBOCK TX 79413 949839 0 X WWW.PARENTINGCOTTAGE.ORG X 1982 TX TO BUILD A STRONG COMMUNITY BY FIRST BUILDING STRONG FAMILIES. 14 14 6 16 0 0 812748 913919 0 0 15731 35920 0 0 828479 949839 0 0 0 0 442599 464767 0 0 591 303882 401846 746481 866613 81998 83226 1336918 1425112 14451 17157 1322467 1407955 X THE VISION OF THE PARENTING COTTAGE IS TO BUILD A STRONG COMMUNITY BY FIRST BUILDING STRONG FAMILIES. THE VISION IS IMPLEMENTED THROUGH THE DELIVERY OF PROGRAM SERVICES, ADHERING TO THE AGENCY'S MISSION STATEMENT OF PROVIDING HOPE, EDUCATION, RESOURCES AND ENCOURAGEMENT TO FAMILIES WITH CHILDREN AGES 0 - KINDERGARTEN ENTRY. 0 0 793549 THE PARENTING COTTAGE PROVIDED A BROAD RANGE OF EDUCATIONAL SERVICES TO FAMILIES IN LUBBOCK COUNTY, INCLUDING THE IMPLEMENTATION OF AN IN HOME VISITATION PROGRAM UTILIZING A NATIONALLY RECOGNIZED CURRICULUM, PARENTS AS TEACHERS, THAT PROVIDES PARENTING EDUCATION, EARLY CHILDHOOD DEVELOPMENT EDUCATION AND TOOLS FOR PARENTS TO MOVE THEIR FAMILY TOWARDS SELF-SUFFICIENCY, INCREASING THE STRENGTH OF THE FAMILY UNIT AND THEIR ABILITY TO SUSTAIN THEIR FAMILY. THE MAJORITY OF FAMILIES SERVED PRESENT WITH MULTIPLE CHALLENGES INCLUDING THE LACK OF BASIC RESOURCES, INCOMES BELOW THE POVERTY LEVEL, LOW EDUCATIONAL ATTAINMENT AND INADEQUATE OR INACCURATE KNOWLEDGE OF EARLY CHILDHOOD DEVELOPMENT. OTHER HIGH RISK FACTORS FOR FAMILY STABILITY INCLUDE FIRST TIME PARENTS, SINGLE PARENTS AND TEEN PARENTS. EVIDENCE BASED EDUCATIONAL PROGRAMS PROVIDED ALMOST 9,000 CLIENT ENCOUNTERS WITH FAMILIES IN 2023. THE PARENTS AS TEACHERS HOME VISITING PROGRAM PROVIDED ALMOST 40% OF THE TOTAL ENCOUNTERS SERVING JUST OVER 200 FAMILIES IMPACTING OVER 400 CHILDREN. GROUP PARENTING EFFORTS FOR PARENTS EXPECTING A BABY AND FOR THOSE ATTEMPTING REUNIFICATION OF THEIR FAMILIES FOLLOWING A LEGAL INTERVENTION BY CHILD PROTECTIVE SERVICES PROVED OVER 650 CLIENT ENCOUNTERS WITH PARENTS IMPACTING AN ADDITIONAL 300 CHILDREN. THE REMAINDER OF THE AGENCY'S EFFORTS WERE DIRECTED TOWARDS THE AGENCY'S CAR ASSISTANCE PROGRAM WHICH WAS ABLE TO RETURN TO SERVICE FOR A PORTION OF THE YEAR FOLLOWING COVID RESTRICTIONS BY SERVING JUST OVER 60 FAMILIES PROVIDING CAR SEATS TO PARENTS UNABLE TO PURCHASE A CAR SEAT FOR THEIR CHILD. EARLY LITERACY EFFORTS TO IMPROVE SCHOOL READINESS ACROSS THE COMMUNITY WERE COMPLETED IN PARTNERSHIP WITH 7 LOCAL LIBRARIES IN LUBBOCK COUNTY WITH PARTICIPATION BY OVER 4,700 PARENTS AND CHILDREN. 793549 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X X CARLA OLSON 8067957552 3818 50TH STREET LUBBOCK TX 79413 DR JAY ADKINS CHAIRMAN 2.00 X 0 0 0 DR KATHLEEN NICHOLS DIRECTOR 2.00 X 0 0 0 MELISSA HART TREASURER 2.00 X X 0 0 0 TRACY MCALISTER SECRETARY 2.00 X X 0 0 0 WM BILL MURRAY CHAIRMAN 2.00 X 0 0 0 JON MARK BERNAL DIRECTOR 2.00 X 0 0 0 BRYCE BOWLEY CPA DIRECTOR 2.00 X 0 0 0 CHRISTINA REID VICE PRESIDENT 2.00 X X 0 0 0 JOSHUA MONTOYA DIRECTOR 2.00 X 0 0 0 STACI ORTIZ DIRECTOR 2.00 X 0 0 0 CHELSEA SALAZAR PRESIDENT-ELECT 2.00 X X 0 0 0 TAMMI WOOD PRESIDENT 2.00 X X 0 0 0 NICK HAIGOOD DIRECTOR 2.00 X 0 0 0 DONNA CORBIN CHAIRMAN 2.00 X 0 0 0 TIM FOX DIRECTOR 2.00 X 0 0 0 MICHELLE HUNTER DIRECTOR 2.00 X 0 0 0 CARLA OLSON EXECUTIVE DIRECTOR 55.00 X 82500 0 0 82500 0 0 0 0 0 0 0 134694 656337 122888 39303 913919 35920 35920 949839 0 0 35920 82500 82500 281806 236525 45281 72405 63376 9029 28056 28056 188401 188401 29112 25839 2928 345 7561 5996 1565 18225 15066 3159 15935 15935 10085 10085 7978 7057 921 5835 5835 SUPPLIES 76662 67597 8819 246 DONTATED GOODS & SERVIC 39303 39303 DUES & MEMBERSHIPS 2003 1772 231 MISCELLANOUS EXPENSE 746 206 540 866613 793549 72473 591 835344 803415 270936 278830 114889 231934 17003 17903 363667 277622 94023 86045 4723 6985 1336918 1425112 14451 17157 14451 17157 X 1289484 1367696 32983 40259 1322467 1407955 1336918 1425112 83226 2262 0 X 0 1 X 1 0 X 771623 746198 800040 812748 913919 4044528 771623 746198 800040 812748 913919 4044528 73299 3971229 16574 11905 10405 15731 35920 90535 4135063 0.96040 0.96430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40373 40373 306574 260902 45672 16720 16720 0 86045 X 952101 2262 2262 949839 0 949839 866613 0 866613 0 866613 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE COTTAGE IS EXEMPT FOR FEDERAL INCOME TAXES. THE COTTAGE UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2022 AND 2021, THE COTTAGE HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X CAR SEATS 0 39303 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PRESENTED TO THE BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES, OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW THE POLICIES OUTLINED IN THE ORGANIZATION'S POLICY AND PROCEDURES REGARDING CONFLICT OF INTEREST WHEN JOINING THE ORGANIZATION AND AS NEEDED THEREAFTER. ADDITIONALLY, OFFICERS AND BOARD MEMBERS SERVING ON THE BOARD OF DIRECTORS ARE NOT COMPENSATED. NO OFFICER, OR MEMBER OF THE ORGANIZATION SHALL PARTICIPATE IN THE SELECTION OR AWARD OF A PURCHASE OR CONTRACT WITH A VENDOR WHERE, TO HIS KNOWLEDGE, ANY OF THE FOLLOWING HAS A FINANCIAL INTEREST IN THAT PURCHASE OR CONTRACT: THE OFFICER OR MEMBER; ANY MEMBER OF THEIR IMMEDIATE FAMILY; THEIR PARTNER; AN ORGANIZATION IN WHICH ANY OF THE ABOVE IS AN OFFICER, DIRECTOR OR EMPLOYEE; OR A PERSON OR ORGANIZATION WITH WHOM ANY OF THE ABOVE INDIVIDUALS IS NEGOTIATING OR HAS AN ARRANGEMENT CONCERNING PROSPECTIVE EMPLOYMENT. ANY POSSIBLE CONFLICT OF INTEREST SHALL BE DISCUSSED BY THE PERSONS CONCERNED. WHEN THERE IS A POTENTIAL FOR A CONFLICT OF INTEREST OR THE MATTER DEEMED TO BE RELEVANT REQUIRING ACTION BY THE BOARD, THE INTERESTED PERSON(S) SHALL CALL IT TO THE ATTENTION OF THE BOARD AND SAID PERSON(S) SHALL NOT VOTE ON THE MATTER. IN ADDITION, THER PERSON(S) SHALL NOT PARTICIPATE IN THE FINAL DECISION OR RELATED DELIBERATION REGARDING THE MATTER UNDER CONSIDERATION. WHEN THERE IS A DOUBT AS TO WHETHER A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF DIRECTORS, EXCLUDING THE PERSON(S) CONCERNING WHOSE SITUATION THE DOUBT HAS ARISEN. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS USE A COMPENSATION SURVEY AND COMPARE COMPENSATION REPORTED ON OTHER ORGANIZATION'S IRS FORM 990S WHEN DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE SURVEY SHOWS COMPARATIVE SALARIES FOR EXECUTIVE DIRECTORS FROM SIMILARLY SITUATED ORGANIZATIONS LOCATED IN TEXAS AND THE NATION. THE ORGANIZATION HAS NO OTHER EMPLOYEES MEETING THE DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE IN LUBBOCK, TX.