BBB Wise Giving Report for
Children's Organ Transplant Association

BBB Wise Giving Report issued December 2009
BBB Wise Giving Report expires December 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Children's Organ Transplant Association
Address: 2501 West COTA Drive
  Bloomington, IN 47403
Phone: 800-366-2682
812-336-8872
Web Address: www.cota.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1986, Indiana
Affiliates: None
Stated Purpose: "to help children and young adults who need a life-saving transplant by providing fundraising assistance and family support."

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Evaluation Conclusions

               

Children's Organ Transplant Association (COTA) meets the 20 Standards for Charity Accountability.
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Programs

               

COTA staff work with patient families to recruit local volunteers trained by the organization to conduct fund raising in their local communities, as well as throughout the world using COTA’s web-based tools. COTA reports that most volunteer groups do a dozen or more special events (such as garage/rummage sales, golf outings, car washes), as well as request support from businesses, foundations and individual members of their community. Each volunteer group also has a fund raising website, which raises, on average, more than $5,000 in honor of patients.

For the fiscal year ended June 30, 2008, COTA's program expenses were:

  
Patient campaign 3,592,714
Donor awareness 59,184
Total Program Expenses: $3,651,898
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Governance

               

Chief Executive : Richard Lofgren, Chief Executive Officer
Compensation*:
 $202,512

Chair of the Board: Scott Price
Chair's Profession / Business Affiliation: Certified Public Accountant

Board Size: 13

Paid Staff Size: 13

*July 1, 2007 - June 30, 2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $3,987,892, are donations received as a result of fund raising activities.)
COTA incurred joint costs of $15,491 for informational materials and activities that included fund raising materials. Of those costs $7,746 was allocated to program expenses and $7,746 was allocated to fund raising expenses.
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on COTA's audited financial statements for the fiscal year ended June 30, 2008.

Source of Funds  
Contributions 3,936,909
Interest and dividend income, net 1,041,478
Lease income and other 70,827
Other fundraising and net proceeds from special events 50,983
Realized and unrealized gains loss -1,024,421
Total Income $4,075,776


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 3%  Administrative: 8% 

Total income   $4,075,776
  Program expenses $3,651,898
  Fund raising expenses 131,475
  Administrative expenses 306,765
 
Total expenses   $4,090,138
Expenses in Excess of Income   (14,362)
Beginning net assets   22,499,450
Ending net assets   22,485,088
Total liabilities   105,557
Total assets   $22,590,645


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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