Overview
What is Cocoon House?
Cocoon House is a nonprofit organization located in Everett, Washington, dedicated to combating homelessness among adolescents. They achieve this goal through a three-pronged approach: outreach, housing, and prevention. The organization operates two emergency shelters, one being the East Shelter in Monroe, accommodating up to 8 teenagers aged 12 to 17. These shelters are staffed around the clock to ensure continuous support. Additionally, Cocoon House offers prevention services, such as Parent Drop-In sessions and parenting classes, to empower parents and their teenage children. By providing these resources, the organization aims to break the cycle of homelessness in the community.
Official website here: www.cocoonhouse.org
What are the reviews and ratings of this charity?
Cocoon House has received a Three-Star out of Four Star rating from Charity Navigator with an overall score of 89%. This rating indicates the organization is meeting expectations in many areas, yet there remains room for improvement. Most notably, the organization excels in Accountability & Finance, which has secured a score of 95 out of 100, pointing to robust financial health and transparency practices, including independent board members and comprehensive policy listings.
The nonprofit scores most strongly in Culture & Community and Leadership & Adaptability, each receiving a perfect score. These scores highlight the organization's effective use of feedback and its strategic focus on diversity, equity, and inclusion, alongside adaptive leadership practices. The nonprofit's strategic goals prioritize creating equitable programs that have lasting positive impacts and emphasize leadership development for BIPOC and LGBTQ+ staff.
Cocoon House's Impact & Measurement score of 80 indicates they are effectively measuring their impact, notably through providing cost-efficient emergency shelter services. Although the organization meets a significant portion of its support from public and governmental sources, the relatively high liabilities to assets ratio suggests a need for monitoring financial stability. Overall, Cocoon House demonstrates strong accountability and impactful programs, with ongoing potential for growth in financial resources and impact scaling.
This AI summary has been generated from information found on Charity Navigator.
Is Cocoon House legitimate?
Cocoon House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cocoon House submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $230,120
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,650,606
For more financial information, click here
Official website here: www.cocoonhouse.org
What is the mission statement of Cocoon House?
Cocoon House's mission is focused on ending homelessness among youth. They achieve this goal through three key strategies: outreach, housing, and prevention. The organization operates two emergency shelters, providing a safe space for teenagers aged between 12 and 17 years old. Additionally, Cocoon House offers preventive services to parents and their children, providing support and resources during scheduled drop-in hours and conducting parenting classes. Their mission aims to break the cycle of homelessness, ensuring a more stable future for these young individuals.
Official website here: www.cocoonhouse.org
Who is the CEO of Cocoon House?
Joe Alonzo is the Chief Executive Officer of Cocoon House. The CEO's salary of Cocoon House is $124,927 and their total compensation is $132,810.
Official website here: www.cocoonhouse.org
What is the revenue of Cocoon House?
Cocoon House's revenue in 2022 was $11,841,924.
Official website here: www.cocoonhouse.org
Who are the executives of Cocoon House and what are their salaries?
The average compensation at Cocoon House during 2022 was $23,520. There are 165 employees and 72 volunteers at Cocoon House.
Here are 16 key members and their salaries (Cocoon House's CEO's salary is $124,927 and their total compensation is $132,810):
- Compensation: $124,927
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- Other: $7,883
- Compensation: $68,226
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- Other: $23,402
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Official website here: www.cocoonhouse.org
Where can I find the form 990 for Cocoon House?
Cocoon House's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cocoonhouse.org
Learn more at the official website: www.cocoonhouse.org
Mission Statement of Cocoon House
Cocoon House, a renowned organization, aims to dismantle the perpetual cycle of homelessness through proactive outreach, housing solutions, and preventive measures. The agency's mission is multifaceted, encompassing the operation of two emergency shelters specifically designed for adolescents between the ages of 12 and 17 years old. One of these shelters, the East Shelter in Monroe, provides a safe and secure environment for eight individuals, with round-the-clock supervision by Cocoon House staff.
Beyond sheltering, Cocoon House offers prevention services tailored to both parents and their teenage offspring. The Parent Drop-In program serves as a supportive space for parents of 12 to 18-year-olds, where they can access resources and counsel during scheduled drop-in hours. Furthermore, Cocoon House conducts parenting classes, equipping parents with essential skills to navigate the challenges of raising adolescents and breaking the cycle of homelessness in their families.
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Impact
July, 2024
Cocoon House breaks the cycle of homelessness by providing outreach, housing, and prevention services to teenagers aged 12 to 17 years old. They operate two emergency shelters with 24/7 staff support in Monroe, offering a safe place for vulnerable youth. Additionally, they offer prevention services such as Parent Drop-In support and parenting classes to help families in crisis. Cocoon House's impact can be seen in the lives they have transformed and the support they provide to youth and families in need in Everett, Washington.
This information is meant to be a general summary of Cocoon House. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23,010
- Program Service Revenue: $71,383
- Gross Receipts: $11,910,503
Assets and Liabilities:
- Total Assets: $18,516,962
- Total Liabilities: $10,272,057
- Net Assets: $8,244,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME TENANT RENT
Revenue
$71,383
Organization Details
Founding Year
1991
Phone
(425) 259-5802Principal Officer
Joe Alonzo
Main Address
3530 COLBY AVENUE, EVERETT, WA, 98201
Website
www.cocoonhouse.orgNTEE Category
Code: L410 - Housing
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