Cocoon Shelter

Cocoon Shelter shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 201011222 · Bowling Green, OH · NTEE: P43 · Updated: 2026-03-28

$2.8MRevenue

$7.2MAssets

92/100Mission Score (Excellent)

P43

About Cocoon Shelter

Cocoon Shelter (EIN: 201011222) is a nonprofit organization based in Bowling Green, OH, classified under NTEE code P43. The organization reported total revenue of $2.8M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cocoon Shelter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cocoon Shelter demonstrates strong financial health and efficient spending based on its recent IRS 990 filings. In 2023, the organization reported revenues of $2,203,804 against expenses of $1,791,832, indicating a healthy surplus that contributes to asset growth. Over the past five years (2019-2023), revenue has shown consistent growth, from $1,234,360 to over $2.2 million, while expenses have remained well-managed relative to income. The organization's assets have also steadily increased, reaching $6,406,533 in 2023, suggesting good financial stewardship and capacity building. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing resources towards its mission rather than executive salaries, enhancing its transparency and public trust.

The organization's spending efficiency is commendable, with a significant portion of its expenses likely dedicated to program services, given the absence of reported officer compensation. The consistent growth in assets, coupled with manageable liabilities (e.g., $1,343,877 in 2023), further solidifies its financial stability. The detailed filing history, spanning 13 periods, provides a comprehensive view of its financial trajectory, demonstrating a long-term commitment to transparency and accountability. This consistent financial performance and clear reporting make Cocoon Shelter appear to be a well-managed and financially sound nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cocoon Shelter with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Cocoon Shelter allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Cocoon Shelter consistently reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with over $2 million in annual revenue and $6 million in assets.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Cocoon Shelter's IRS 990 filings:

Unusually low or 0% reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or officers are unpaid volunteers, warranting further investigation for clarity.

Strengths

The following positive indicators were identified for Cocoon Shelter:

Consistent revenue growth over multiple years, from $1.2M in 2019 to $2.2M in 2023.
Strong asset accumulation, increasing from $3.8M in 2019 to $6.4M in 2023.
Healthy financial surplus, with revenue consistently exceeding expenses (e.g., $2.2M revenue vs. $1.79M expenses in 2023).
Remarkable commitment to mission, indicated by 0% officer compensation across all filings.
Long and transparent filing history with 13 IRS 990 filings available.

Frequently Asked Questions about Cocoon Shelter

Is Cocoon Shelter a good charity?

Based on its financial data, Cocoon Shelter appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation across all filings.

How has Cocoon Shelter's revenue changed over time?

Cocoon Shelter has shown strong revenue growth, increasing from $1,234,360 in 2019 to $2,203,804 in 2023, representing an 80% increase over five years.

What is the trend in Cocoon Shelter's assets?

The organization's assets have consistently grown, from $3,827,215 in 2019 to $6,406,533 in 2023, indicating strong financial management and capacity building.

Does Cocoon Shelter pay its officers?

According to all 13 available IRS 990 filings, Cocoon Shelter consistently reports 0% officer compensation, meaning no salaries are paid to its officers.

What is Cocoon Shelter's financial stability?

Cocoon Shelter exhibits strong financial stability, with consistent revenue exceeding expenses, growing assets, and manageable liabilities, as evidenced by its 2023 assets of $6,406,533 against liabilities of $1,343,877.

Filing History

IRS 990 filing history for Cocoon Shelter showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cocoon Shelter's revenue has grown by 443.1%, moving from $406K to $2.2M. Total assets increased by 4383.1% over the same period, from $143K to $6.4M. Total functional expenses rose by 344.9%, from $403K to $1.8M. In its most recent filing year (2023), Cocoon Shelter reported a surplus of $412K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $6.4M in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $5.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.2M	$1.8M	$6.4M	$1.3M	—	—
2022	$2.0M	$1.6M	$5.1M	$1.4M	—	View 990
2021	$2.1M	$1.5M	$5.1M	$1.4M	—	View 990
2020	$1.9M	$1.2M	$4.4M	$1.1M	—	View 990
2019	$1.2M	$1.2M	$3.8M	$1.3M	—	View 990
2018	$2.7M	$1.1M	$3.7M	$1.4M	—	View 990
2017	$1.1M	$1.0M	$2.1M	$1.5M	—	View 990
2016	$1.1M	$1.0M	$1.1M	$645K	—	View 990
2015	$767K	$786K	$848K	$446K	—	View 990
2014	$522K	$514K	$500K	$374K	—	View 990
2013	$538K	$519K	$163K	$45K	—	View 990
2012	$426K	$426K	$131K	$32K	—	View 990
2011	$406K	$403K	$143K	$44K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.2M, expenses of $1.8M, and assets of $6.4M (revenue +9.4% year-over-year).
2022: Revenue of $2.0M, expenses of $1.6M, and assets of $5.1M (revenue -2.3% year-over-year).
2021: Revenue of $2.1M, expenses of $1.5M, and assets of $5.1M (revenue +9.8% year-over-year).
2020: Revenue of $1.9M, expenses of $1.2M, and assets of $4.4M (revenue +52.2% year-over-year).
2019: Revenue of $1.2M, expenses of $1.2M, and assets of $3.8M (revenue -53.9% year-over-year).
2018: Revenue of $2.7M, expenses of $1.1M, and assets of $3.7M (revenue +135.1% year-over-year).
2017: Revenue of $1.1M, expenses of $1.0M, and assets of $2.1M (revenue +3.4% year-over-year).
2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.1M (revenue +43.7% year-over-year).
2015: Revenue of $767K, expenses of $786K, and assets of $848K (revenue +46.9% year-over-year).
2014: Revenue of $522K, expenses of $514K, and assets of $500K (revenue -3.0% year-over-year).
2013: Revenue of $538K, expenses of $519K, and assets of $163K (revenue +26.4% year-over-year).
2012: Revenue of $426K, expenses of $426K, and assets of $131K (revenue +4.9% year-over-year).
2011: Revenue of $406K, expenses of $403K, and assets of $143K.

Data Sources and Methodology

This transparency report for Cocoon Shelter is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.