COLA INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- COLA INC (EIN 52-1573280)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201301359349303905
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T10:49:15-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9515 DEERECO RD - SUITE 500 | AddressLine1 |
| City | TIMONIUM | City |
| State | MD | State |
| ZIP Code | 210932184 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521573280 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COLA | NameControl |
| Phone | 4103816581 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9881 BROKEN LAND PARKWAY NO 200 | AddressLine1 |
| City | COLUMBIA | City |
| State | MD | State |
| ZIP Code | 21046 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS BEIGEL | Name |
| Title | CEO | Title |
| Phone | 4103816581 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MELISSA DYER CPA | Name |
| PTIN | P01222987 | PTIN |
| Phone | 4104530900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DOUGLAS BEIGEL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9881 BROKEN LAND PARKWAY NO 200 | AddressLine1 |
| City | COLUMBIA | City |
| State | MD | State |
| ZIP Code | 21046 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12796393 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.COLA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1988 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | COLA IS A PHYSICIAN-DIRECTED ORGANIZATION WHOSE PURPOSE IS TO PROMOTE EXCELLENCE IN LABORATORY MEDICINE AND PATIENT CARE THROUGH A PROGRAM OF VOLUNTARY EDUCATION, CONSULTATION AND ACCREDITATION IN THE INTEREST OF QUALITY PATIENT CARE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 91 | TotalNbrEmployees |
| Total Nbr Volunteers | 12 | TotalNbrVolunteers |
| Total Gross UBI | 12810 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -12873 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9306653 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9982618 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 298223 | InvestmentIncomePriorYear |
| Investment Income Current Year | 231709 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 12280 | OtherRevenuePriorYear |
| Other Revenue Current Year | 12810 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9617156 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10227137 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5791925 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6386164 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3928939 | OtherExpensePriorYear |
| Other Expenses Current Year | 4211292 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9720864 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10597456 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -103708 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -370319 | RevenuesLessExpensesCY |
| Total Assets BOY | 13219021 | TotalAssetsBOY |
| Total Assets EOY | 12778694 | TotalAssetsEOY |
| Total Liabilities BOY | 8993983 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9016197 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4225038 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3762497 | NetAssetsOrFundBalancesEOY |
| Mission Description | COLA IS A PHYSICIAN-DIRECTED ORGANIZATION WHOSE PURPOSE IS TO PROMOTE EXCELLENCE IN LABORATORY MEDICINE AND PATIENT CARE THROUGH A PROGRAM OF VOLUNTARY EDUCATION, CONSULTATION AND ACCREDITATION IN THE INTEREST OF QUALITY PATIENT CARE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7052531 | Expense |
| Revenue | 9265369 | Revenue |
| Description | ACCREDITATION PRODUCTS - THIS DIVISION IS RESPONSIBLE FOR SCHEDULING ON-SITE SURVEYS FOR THE LABORATORY ACCREDITATION PROGRAM, HANDLING THE PAPERFLOW & TRACKING THE VALIDATION OF EACH PARTICIPANTS PROGRESS THOUGH THE ACCREDITATION PROCESS. COLA'S UNIFORM SET OF FACILITY CRITERIA ADDRESSES ISSUES OF SAFETY, PATIENT CONVENIENCE AND ACCESS. MEDICAL REPORTS FOR EACH PHYSICIAN ARE REVIEWED FOR COMPLIANCE AND CONTENT, ORGANIZATION, CONFIDENTIALITY AND SAFETY STANDARDS. IN THE FISCAL YEAR ENDED 6/30/12, 3,864 LABS WERE SURVEYED AND 6,758 LABS WERE ACCREDITED. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1016554 | Expense |
| Revenue | 678249 | Revenue |
| Description | EDUCATIONAL PRODUCTS - THIS DIVISION PRODUCES THE COLA INSIGHT (6 ISSUES), NUMEROUS TECHNICAL RESOURCES, FORMS, LETTERS, COURSES & OTHER E-LEARNING EDUCATIONAL MATERIAL. IN THE FISCAL YEAR ENDED 6/30/12, 43,008 COPIES WERE DISTRIBUTED. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 114010 | Expense |
| Revenue | 39000 | Revenue |
| Description | LICENSING - THIS DIVISION LICENSES COLA INTELLECTUAL PROPERTY TO OTHER ORGANIZATIONS THAT ACCREDIT MEDICAL LABORATORIES TO PROMOTE EXCELLENCE IN LABORATORY MEDICINE AND PATIENT CARE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 8183095 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 17 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 91 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL F BOULE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4103816581 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9881 BROKEN LAND PARKWAY SUITE 200 | AddressLine1 |
| City | COLUMBIA | City |
| State | MD | State |
| ZIP Code | 21046 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| VERLIN K JANZEN MD | ||||||||
| DIRECTOR | 1.00 | X | 5000 | 0 | 0 | |||
| DONNA E SWEET MD MACP | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT J CARR MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| VERONICA C SANTILLI MD MHA CPE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| W JAMES STACKHOUSE MD MACP | ||||||||
| CHAIR, DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD A WHERRYMD | ||||||||
| VICE CHAIR, DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ARDIS D HOVEN MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BARBARA L MCANENY MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BRADLEY J FEDDERLY MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD EISENSTAEDT MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT A MANN MT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| HENRY TRAVERS MD | ||||||||
| FINANCE CHAIR, DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DOUGLAS BEIGEL | ||||||||
| CEO, COLA STAFF | 60.00 | 445639 | 0 | 27089 | X | |||
| ROBERT F FRENCH | ||||||||
| CHIEF COUNSEL, SECRETARY | 60.00 | 159781 | 0 | 23103 | X | |||
| MICHAEL F BOULE | ||||||||
| CONTROLLER, TREASURER | 60.00 | 142374 | 0 | 28682 | X | |||
| MATT HOPWOOD | ||||||||
| CHIEF OPERATING OFFICER | 60.00 | 164355 | 0 | 26064 | X | |||
| JOHN DALY | ||||||||
| CHIEF MEDICAL OFFICER | 60.00 | 152819 | 0 | 1060 | X | |||
| KIRK COUSER | ||||||||
| CIO | 60.00 | 125187 | 0 | 33024 | X | |||
| JAMES LIGGINS | ||||||||
| CHIEF MARKETING OFFICER | 60.00 | 109389 | 0 | 8113 | X | |||
| KATHY NUCIFORA | ||||||||
| ACCREDITATION MANAGER | 60.00 | 127067 | 0 | 13692 | X | |||
| SUSAN TRASK | ||||||||
| DIRECTOR OF HR AND FACILITIES | 60.00 | 105568 | 0 | 11938 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1537179 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 172765 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| VISION MULTIMEDIA TECHNOLOGIES LLC | |||||
| 800 WYMAN PARK DRIVE SUITE 310 | BALTIMORE | MD | 21211 | COMPUTER CONSULTING | 246103 |
| VENABLE LLP | |||||
| 750 E PRATT ST 900 | BALTIMORE | MD | 21202 | LEGAL SERVICES | 148875 |
| TWO38 DESIGN INC | |||||
| 238 GARDEN WAY | WESTMINSTER | MD | 21157 | COMPUTER CONSULTING | 146054 |
| THE MERZ GROUP | |||||
| 1570 MCDANIEL DRIVE | WEST CHESTER | PA | 19380 | MARKETING CONSULTING | 129534 |
| ENTREQUEST INC | |||||
| 2400 BOSTON ST STE 310 | BALTIMORE | MD | 21224 | TRAINING | 123500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| LABORATORY ACCREDITATI | 900099 | 9265369 | 9265369 |
| EDUCATIONAL PRODUCTS & | 900099 | 678249 | 678249 |
| LICENSING | 900099 | 39000 | 39000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9982618 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 226965 | TotalRevenueColumn |
| Exclusion | $226,965 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2574000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2569256 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4744 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4744 | TotalRevenueColumn |
| Exclusion | $4,744 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADVERTISING REVENUE - | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 12810 | TotalRevenueColumn |
| Unrelated Business Revenue | 12810 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 12810 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10227137 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9982618 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 12810 | UnrelatedBusinessRevenue |
| Exclusion | $231,709 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1292186 | Total |
| Program Services | 219120 | ProgramServices |
| Management And General | 1073066 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4226630 | Total |
| Program Services | 4000363 | ProgramServices |
| Management And General | 226267 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91830 | Total |
| Program Services | 91830 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 433509 | Total |
| Program Services | 419936 | ProgramServices |
| Management And General | 13573 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 342009 | Total |
| Program Services | 301561 | ProgramServices |
| Management And General | 40448 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101843 | Total |
| Program Services | 74286 | ProgramServices |
| Management And General | 27557 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44613 | Total |
| Program Services | 23466 | ProgramServices |
| Management And General | 21147 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444522 | Total |
| Program Services | 299163 | ProgramServices |
| Management And General | 145359 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 382836 | Total |
| Program Services | 209783 | ProgramServices |
| Management And General | 173053 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405225 | Total |
| Program Services | 306848 | ProgramServices |
| Management And General | 98377 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263725 | Total |
| Program Services | 198798 | ProgramServices |
| Management And General | 64927 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1053802 | Total |
| Program Services | 1033860 | ProgramServices |
| Management And General | 19942 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 317636 | Total |
| Program Services | 278094 | ProgramServices |
| Management And General | 39542 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 752569 | Total |
| Program Services | 417626 | ProgramServices |
| Management And General | 334943 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69159 | Total |
| Program Services | 34516 | ProgramServices |
| Management And General | 34643 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TRAINING | 172654 | 121614 | 51040 |
| REPAIRS AND MAINTENANCE | 58890 | 29871 | 29019 |
| PRINTING & PUBLICATION | 49466 | 48765 | 701 |
| DUES AND SUBSCRIPTIONS | 31593 | 26298 | 5295 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62759 | Total |
| Program Services | 47297 | ProgramServices |
| Management And General | 15462 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10597456 | Total |
| Program Services | 8183095 | ProgramServices |
| Management And General | 2414361 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65907 | BOY |
| EOY | 213671 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1759319 | BOY |
| EOY | 1681319 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593758 | BOY |
| EOY | 427850 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119404 | BOY |
| EOY | 58536 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1461182 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1238621 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 287992 | BOY |
| EOY | 222561 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8074971 | BOY |
| EOY | 8042182 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2317670 | BOY |
| EOY | 2132575 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13219021 | BOY |
| EOY | 12778694 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1086987 | BOY |
| EOY | 1197983 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7906996 | BOY |
| EOY | 7818214 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8993983 | BOY |
| EOY | 9016197 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4225038 | BOY |
| EOY | 3762497 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4225038 | BOY |
| EOY | 3762497 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13219021 | BOY |
| EOY | 12778694 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -370319 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -92222 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8498129 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8703538 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9248650 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9306653 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9982618 | CurrentTaxYear |
| Total | 45739588 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8498129 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8703538 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9248650 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9306653 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9982618 | CurrentTaxYear |
| Total | 45739588 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 45739588 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 582387 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 266533 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 217131 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 209061 | CurrentTaxYearMinus1Year |
| Current Tax Year | 226965 | CurrentTaxYear |
| Total | 1502077 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 582387 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 266533 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 217131 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 209061 | CurrentTaxYearMinus1Year |
| Current Tax Year | 226965 | CurrentTaxYear |
| Total | 1502077 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 182 | CurrentTaxYearMinus4Years |
| Total | 182 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9080698 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8970071 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9465781 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9515714 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10209583 | CurrentTaxYear |
| Total | 47241847 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.96820 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.96200 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03180 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03790 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 81758 | OtherCostOrOtherBasis |
| Depreciation | 74356 | Depreciation |
| Book Value | 7402 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1379424 | OtherCostOrOtherBasis |
| Depreciation | 1164265 | Depreciation |
| Book Value | 215159 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 222561 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN SYSTEM DEVELOPMENT | Description |
| Book Value | 2132575 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2132575 | TotalBookValueOtherAssets |
| Total Revenue | 10227137 | TotalRevenue |
| Total Expenses | 10597456 | TotalExpenses |
| Excess Or Deficit For Year | -370319 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -92222 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -92222 | TotalAdjustments |
| Excess Or Deficit Per FS | -462541 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10134915 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -92222 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -92222 | RevenueNotRptdF990 |
| Revenue Subtotal | 10227137 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 10227137 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10597456 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10597456 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10597456 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | IN ACCORDANCE WITH THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, COLA ASSESSES ALL TAX POSITIONS TAKEN. COLA DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012 AND 2011. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOUGLAS BEIGEL | |||||||||||||
| 330194 | 0 | 78340 | 0 | 37105 | 0 | 8295 | 0 | 18794 | 0 | 472728 | 0 | 0 | 0 |
| ROBERT F FRENCH | |||||||||||||
| 143533 | 0 | 15257 | 0 | 991 | 0 | 6770 | 0 | 16333 | 0 | 182884 | 0 | 0 | 0 |
| MICHAEL F BOULE | |||||||||||||
| 127573 | 0 | 14207 | 0 | 594 | 0 | 6330 | 0 | 22352 | 0 | 171056 | 0 | 0 | 0 |
| MATT HOPWOOD | |||||||||||||
| 148626 | 0 | 15601 | 0 | 128 | 0 | 0 | 0 | 26064 | 0 | 190419 | 0 | 0 | 0 |
| JOHN DALY | |||||||||||||
| 152453 | 0 | 0 | 0 | 366 | 0 | 0 | 0 | 1060 | 0 | 153879 | 0 | 0 | 0 |
| KIRK COUSER | |||||||||||||
| 111438 | 0 | 13668 | 0 | 81 | 0 | 0 | 0 | 33024 | 0 | 158211 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SUPPLEMENTAL INFORMATION | PART III | SUPPLEMENTAL INFORMATION FOR SCHEDULE J, PART I, LINE 3: A COMMITTEE OF THE BOARD, COMPOSED ENTIRELY OF INDIVIDUALS WITH NO "CONFLICTS OF INTEREST" (AS DEFINED UNDER IRS RULES), DETERMINED THE CEO'S COMPENSATION FOR THE REPORTING YEAR. THE COMMITTEE OBTAINED A DETAILED MARKET-BASED COMPENSATION ANALYSIS FROM A CONSULTING FIRM. THIS COMPENSATION ANALYSIS PROVIDED COMPARABILITY DATA FOR POSITIONS COMPARABLE TO THAT OF THE CEO. THIS COMPENSATION ANALYSIS WAS THEN USED BY THE COMMITTEE TO DETERMINE THE APPROPRIATE COMPENSATION FOR THE CEO, WHICH IS REFLECTED IN A WRITTEN EMPLOYMENT CONTRACT. DURING THE REPORTING YEAR, THE CONSULTING FIRM USED BY THE COMMITTEE DID NOT MEET THE DEFINITION OF "INDEPENDENT" PROVIDED IN THE SCHEDULE J INSTRUCTIONS, SO COLA WAS NOT ABLE TO CHECK THE "INDEPENDENT COMPENSATION CONSULTANT" BOX IN PART I, LINE 3. HOWEVER, PRESENTLY, A COMPENSATION COMMITTEE (AS DEFINED IN THE SCHEDULE J INSTRUCTIONS), COMPOSED ENTIRELY OF INDIVIDUALS WITH NO "CONFLICTS OF INTEREST" (AS DEFINED UNDER IRS RULES), DETERMINES THE CEO'S COMPENSATION, AND DOES SO ONLY AFTER OBTAINING A COMPENSATION SURVEY OR STUDY PREPARED BY AN INDEPENDENT COMPENSATION CONSULTANT (AS DEFINED IN THE SCHEDULE J INSTRUCTIONS). THIS COMMITTEE THEN DETERMINES THE CEO'S COMPENSATION IN STRICT COMPLIANCE WITH THE REQUIREMENTS OF THE IRS INTERMEDIATE SANCTIONS REGULATIONS. |
| SUPPLEMENTAL INFORMATION | PART III | SUPPLEMENTAL INFORMATION FOR SCHEDULE J, PART II - DOUGLAS BEIGEL: (B) BREAKDOWN OF W-2 AND/OR 1099 MISC COMPENSATION (I) BASE COMPENSATION - $330,194 THIS BASE COMPENSATION WAS APPROVED AS REASONABLE, IN ADVANCE, BY AN INDEPENDENT EXECUTIVE COMMITTEE, WHICH BASED ITS DECISION ON DATA PROVIDED BY A DETAILED MARKET-BASED COMPENSATION ANALYSIS FROM A CONSULTING FIRM, WHICH PROVIDED COMPARABILITY DATA FOR POSITIONS COMPARABLE TO THE CEO'S. (II) BONUS & INCENTIVE COMPENSATION - $78,340 $60,340 OF THIS AMOUNT WAS AN AWARD BASED ON THE ACHIEVEMENT OF ANNUAL (FISCAL YEAR) PERFORMANCE STANDARDS ESTABLISHED BY COLA IN ADVANCE. FINAL PAYMENT WAS BASED ON ACTUAL GOAL ACHIEVEMENT FOR THE FISCAL YEAR ENDING JUNE 30, 2011, AS DETERMINED BY COLA. THE ENTIRE AMOUNT OF THE AWARD WAS AT-RISK. $18,000 OF THIS AMOUNT WAS A BONUS PAID TO THE CEO IN LIEU OF TAXABLE LIFE INSURANCE PREMIUMS THAT WERE PAID BY COLA IN PRIOR YEARS. (III) OTHER REPORTABLE COMPENSATION - $37,105 $2,498 OF THIS TOTAL WAS TAXABLE DISABILITY INSURANCE PREMIUMS PAID BY COLA. $387 OF THIS TOTAL WAS IMPUTED INCOME FROM COLA-PROVIDED GROUP TERM LIFE INSURANCE. $17,720 OF THIS TOTAL WAS A CASH PAYMENT EQUAL TO THE AMOUNT OF CONTRIBUTIONS COLA COULD NOT MAKE TO THE CEO'S ACCOUNT IN COLA'S 401(K) TAX-QUALIFIED RETIREMENT PLAN DUE TO THE APPLICATION OF LEGAL LIMITS TO THE 401(K) PLAN'S EMPLOYER CONTRIBUTION FORMULA. (ABSENT THESE LIMITS, THE CEO WOULD HAVE RECEIVED THESE CONTRIBUTIONS UNDER THE PLAN'S FORMULA.) $16,500 OF THIS TOTAL WAS AN EMPLOYER CONTRIBUTION TO A 457(B) NON-TAX-QUALIFIED RETIREMENT PLAN. IN THE EVENT OF A COLA BANKRUPTCY, PARTICIPANTS IN A 457(B) PLAN ARE GENERAL UNSECURED CREDITORS OF COLA. DISTRIBUTIONS FROM THE 457(B) PLAN MAY NOT BE ROLLED-OVER TO AN IRA OR QUALIFIED PLAN. AS REQUIRED BY THE FORM 990 INSTRUCTIONS, BECAUSE THE EMPLOYER CONTRIBUTION IS FULLY VESTED AT ALL TIMES, COLA IS REPORTING THE CONTRIBUTION AS "OTHER COMPENSATION" IN COLUMN B(III), RATHER THAN AS DEFERRED COMPENSATION IN COLUMN C, EVEN THOUGH THE CONTRIBUTION WAS NOT PAID TO CEO (AND MAY NEVER BE PAID TO THE CEO IN THE EVENT OF A COLA BANKRUPTCY). (C) RETIREMENT AND OTHER DEFERRED COMPENSATION - $8,295 THIS WAS COLA'S CONTRIBUTION TO THE CEO'S ACCOUNT IN COLA'S 401(K) PLAN, WHICH IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. (D) NONTAXABLE BENEFITS - $18,794 $5,874 OF THIS AMOUNT WAS COLA'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN ON BEHALF OF THE CEO. THE PLAN IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. $12,920 OF THIS AMOUNT WAS THE CEO'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN. |
| SUPPLEMENTAL INFORMATION | PART III | SUPPLEMENTAL INFORMATION FOR SCHEDULE J, PART II - ALL OTHERS: (B) BREAKDOWN OF W-2 AND/OR 1099 MISC COMPENSATION (I) BASE COMPENSATION THE EXECUTIVE'S BASE COMPENSATION IS REQUIRED TO FALL INTO A PRE-ESTABLISHED SALARY RANGE ESTABLISHED BY COLA THROUGH THE USE OF INDEPENDENT MARKET DATA (DERIVED FROM VARIOUS SOURCES) ON COMPENSATION FOR SIMILAR POSITIONS IN ORGANIZATIONS SIMILAR TO COLA. THE REASONABLENESS AND COMPETITIVENESS OF THE COMPENSATION STRUCTURE IS REVIEWED ANNUALLY BY COLA AND IS ADJUSTED WHERE APPROPRIATE. ALL COMPENSATION ACTIONS FOR THE EXECUTIVES REQUIRE THE APPROVAL OF THE CEO, WHO ALSO HAS THE AUTHORITY TO MAKE EXCEPTIONS TO THE COMPENSATION STRUCTURE BASED ON CONSIDERATIONS OF BUSINESS NECESSITY, INTERNAL EQUITY AND EXTERNAL COMPETITIVENESS. (II) BONUS & INCENTIVE COMPENSATION THIS AMOUNT WAS AN AWARD BASED ON THE ACHIEVEMENT OF ANNUAL (FISCAL YEAR) PERFORMANCE STANDARDS ESTABLISHED BY COLA IN ADVANCE. FINAL PAYMENT WAS BASED ON ACTUAL GOAL ACHIEVEMENT FOR THE FISCAL YEAR ENDING JUNE 30, 2011, AS DETERMINED BY COLA. THE ENTIRE AMOUNT OF THE AWARD WAS AT-RISK. (III) OTHER REPORTABLE COMPENSATION THIS AMOUNT WAS IMPUTED INCOME FROM COLA-PROVIDED GROUP TERM LIFE INSURANCE. (C) RETIREMENT AND OTHER DEFERRED COMPENSATION THIS WAS COLA'S CONTRIBUTION TO THE EXECUTIVE'S ACCOUNT IN COLA'S 401(K) PLAN, WHICH IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. (D) NONTAXABLE BENEFITS FRENCH: $5,874 OF THIS AMOUNT WAS COLA'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN ON BEHALF OF THE EXECUTIVE. THE PLAN IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. $10,459 OF THIS AMOUNT WAS THE EXECUTIVE'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN. BOULE: $5,874 OF THIS AMOUNT WAS COLA'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN ON BEHALF OF THE EXECUTIVE. THE PLAN IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. $16,478 OF THIS AMOUNT WAS THE EXECUTIVE'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN. HOPWOOD: $4,895 OF THIS AMOUNT WAS COLA'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN ON BEHALF OF THE EXECUTIVE. THE PLAN IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. $21,169 OF THIS AMOUNT WAS THE EXECUTIVE'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN. DALY: THIS AMOUNT WAS COLA'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN ON BEHALF OF THE EXECUTIVE. THE PLAN IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. COUSER: $5,874 OF THIS AMOUNT WAS COLA'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN ON BEHALF OF THE EXECUTIVE. THE PLAN IS AVAILABLE TO ALL ELIGIBLE COLA EMPLOYEES. $27,150 OF THIS AMOUNT WAS THE EXECUTIVE'S CONTRIBUTION TO COLA'S GENERAL HEALTH AND WELFARE PLAN. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | COLA HAS THREE MEMBER ORGANIZATIONS: THE AMERICAN MEDICAL ASSOCIATION, THE AMERICAN ACADEMY OF FAMILY PHYSICIANS, AND THE AMERICAN COLLEGE OF PHYSICIANS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER ORGAINZATION MAY APPOINT THREE MEMBERS TO THE COLA BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS BASED UPON FINANCIAL STATEMENTS AUDITED BY AN INDEPENDENT ACCOUNTANT AS WELL AS SUPPORTING AND UNIQUE SCHEDULES SUPPLIED BY COLA MANAGEMENT. INDEPENDENT ACCOUNTANT REVIEWS INFORMATION SUPPLIED BY COLA MANGEMENT AND PREPARES RETURN WHICH IS THEN REVIEWED BY THE TREASURER AND CEO. FINAL DRAFT IS SUPPLIED TO THE FINANCE COMMITTEE OF THE COLA BOARD OF DIRECTORS FOR REVIEW AND DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH MEMBER OF THE COLA BOARD OF DIECTORS HAS A LEGAL AND FIDUCIARY REPONSIBILITY, WHILE ACTING AS A COLA DIRECTOR, TO MAKE DECISIONS EXCLUSIVELY BASED ON WHAT THE DIRECTOR BELIEVES TO BE IN THE BEST INTERESTS OF COLA. NO DIRECTOR SHOULD VOTE OR TAKE A POSITION ON A COLA ISSUE BASED ON PERSONAL INTERESTS OR ON THE INTERESTS OF ANOTHER ORGANIZATION. IF A DIRECTOR BELIEVES THAT THERE MAY BE A PERSONAL OR ORGANIZATIONAL INTEREST THAT MIGHT BE PERCEIVED AS AFFECTING HIS OR HER ABILITY TO ACT IN THE BEST INTERESTS OF COLA OR A PARTICULAR MATTER, THAT ISSUE SHOULD BE DISCLOSED SO THAT THE CONFLICT OR POTENTIAL CONFLICT IS CLEARLY UNDERSTOOD. IF THE DIRECTOR, THE RELEVANT COMMITTEE, OR THE BOARD BELIEVES THAT THE DISCLOSED CONFLICT OR POTENTIAL CONFLICT MIGHT REASONABLY PREVENT THE DIRECTOR FROM ACTING SOLELY IN THE BEST INTERESTS OF COLA ON A PARTICULAR MATTER, THE DIRECTOR SHOULD NOT PARTICIPATE IN THE DISCUSSION OR IN THE VOTE ON THAT MATTER AND IF THE CONFLICT IS GREAT ENOUGH, THEY SHOULD LEAVE THE DISCUSSION. NO CONFIDENTIAL INFORMATION, STRATEGIES OR PLANS RELATING TO COLA SHOULD BE DISCLOSED TO ANY OTHER PERSON OR ORGANIZATION. DISCLOSURE OF SUCH INFORMATION, STRATEGIES, OR PLANS COULD CONSTITUTE A VIOLATION OF THE DIRECTOR'S DUTY OR LOYALTY TO COLA. IF THERE IS ANY QUESTION ABOUT A CONFLICT OF INTEREST OR POTENTIAL CONFLICT, THE DIRECTOR SHOULD ADDRESS THE QUESTION TO THE CHAIR OF THE BOARD OR THE CHIEF EXECUTIVE OFFICER. EACH DIRECTOR MUST ANNUALLY SIGN THE CONFLICT OF INTEREST FORM FOR THE BOARD OF DIRECTORS. ANY CONFLICT OF INTEREST BY A KEY EMPLOYEE (OTHER THAN BY THE CEO) IS REQUIRED TO BE DISCLOSED TO THE CEO, WHEREAS ANY CONFLICTS OF INTEREST INVOLVING THE CEO ARE REQUIRED TO BE DISCLOSED TO THE CHAIRMAN OF THE BOARD. THE KEY EMPLOYEE IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN, OR REASONABLY SHOULD BE KNOWN. KEY EMPLOYEES ARE REQUIRED COMPLETE A QUESTIONNAIRE TO FULLY AND COMPLETELY DISCLOSE THE MATERIAL FACTS ABOUT ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE DISCLOSURE STATEMENT IS COMPLETED UPON HIS/HER ASSOCIATION WITH COLA, AND IS UPDATED ANNUALLY THEREAFTER. AN ADDITIONAL DISCLOSURE STATEMENT IS FILED AT SUCH TIME AS AN ACTUAL OR POTENTIAL CONFLICT ARISES. COPIES ARE PROVIDED TO THE CHIEF EXECUTIVE OFFICER OF COLA AND KEPT IN THE HUMAN RESOURCES DEPARTMENT. IN THE CASE OF THE CHIEF EXECUTIVE OFFICER'S DISCLOSURE, THAT STATEMENT IS PROVIDED TO THE CHAIRMAN OF THE BOARD AND CORPORATE SECRETARY. | |
| LINE 15A: A COMMITTEE OF THE BOARD, COMPOSED ENTIRELY OF INDIVIDUALS WITH NO "CONFLICTS OF INTEREST" (AS DEFINED UNDER IRS RULES), DETERMINED THE CEO'S COMPENSATION FOR THE REPORTING YEAR. THE COMMITTEE OBTAINED A DETAILED MARKET-BASED COMPENSATION ANALYSIS FROM A CONSULTING FIRM. THIS COMPENSATION ANALYSIS PROVIDED COMPARABILITY DATA FOR POSITIONS COMPARABLE TO THAT OF THE CEO. THIS COMPENSATION ANALYSIS WAS THEN USED BY THE COMMITTEE TO DETERMINE THE APPROPRIATE COMPENSATION FOR THE CEO. DURING THE REPORTING YEAR, THE COMMITTEE DID NOT CONTEMPORANEOUSLY SUBSTANTIATE THE DELIBERATION AND DECISION PROCESS WITH RESPECT TO THE CEO'S COMPENSATION. THEREFORE, COLA IS NOT ABLE TO CHECK "YES" FOR LINE 15A. HOWEVER, PRESENTLY, A FORMAL COMPENSATION COMMITTEE, COMPOSED ENTIRELY OF INDIVIDUALS WITH NO "CONFLICTS OF INTEREST" (AS DEFINED UNDER IRS RULES), IS RESPONSIBLE FOR ESTABLISHING THE CEO'S COMPENSATION AND THAT COMMITTEE KEEPS DETAILED MINUTES TO DOCUMENT CONTEMPORANEOUSLY ALL DELIBERATIONS AND DECISIONS WITH RESPECT TO THE CEO'S COMPENSATION. THOSE MINUTES ARE THEN REVIEWED, CORRECTED IF APPROPRIATE, AND APPROVED AT THE NEXT FOLLOWING COMMITTEE MEETING. LINE 15B: THE SALARY RANGE FOR THE OFFICERS AND KEY EMPLOYEES LISTED ON PART VII HAS A MINIMUM, A MID POINT AND A MAXIMUM POINT. ALL INDIVIDUAL SALARIES MUST FALL INTO THE APPROPRIATE RANGE. TO ACHIEVE THE HIGHEST RETURN OF PRODUCTIVITY ON COMPENSATION, COLA ACQUIRES INDEPENDENT MARKET DATA ON COMPENSATION FOR SIMILAR POSITIONS IN ORGANIZATIONS SIMILAR TO COLA AND UTILIZES THAT DATA TO SET THESE MINIMUMS, MID-POINTS AND MAXIMUMS. THIS MARKET DATA IS DERIVED FROM SOURCES SUCH AS A COMPENSATION STUDY (PERFORMED BY A THIRD PARTY VENDOR), CURRENT HELP WANTED ADVERTISEMENTS (BOTH IN PRINT AND ON THE INTERNET), SALARY SURVEY WEBSITES, AND NETWORKING WITH PEERS. THE REASONABLENESS AND COMPETITIVENESS OF THE COMPENSATION STRUCTURE IS REVIEWED ANNUALLY BY COLA AND IS ADJUSTED WHERE APPROPRIATE. ALL COMPENSATION ACTIONS FOR THE OFFICERS (EXCEPT FOR THE CEO) AND OTHER KEY EMPLOYEES REQUIRE THE APPROVAL OF THE CEO OF COLA, WHO ALSO HAS THE AUTHORITY TO MAKE EXCEPTIONS BASED ON CONSIDERATIONS OF BUSINESS NECESSITY, INTERNAL EQUITY AND EXTERNAL COMPETITIVENESS. THE PROCESS DESCRIBED ABOVE WAS LAST UNDERTAKEN FOR THE FOLLOWING OFFICERS AND KEY EMPLOYEES IN THE YEAR SPECIFIED BELOW: FRENCH, CHIEF COUNSEL: 2007 BOULE, CONTROLLER: 2007 HOPWOOD, COO: 2008 DALY, CMO: 2011 PRESENTLY, THE COMPENSATION PACKAGES OF OFFICERS AND KEY EMPLOYEES WHO ARE "DISQUALIFIED PERSONS" ARE DETERMINED BY A COMPENSATION COMMITTEE, COMPOSED ENTIRELY OF INDIVIDUALS WITH NO "CONFLICTS OF INTEREST" (AS DEFINED UNDER IRS RULES), USING COMPENSATION COMPARABILITY DATA PREPARED BY AN INDEPENDENT CONSULTANT, AND THE DELIBERATIONS AND DECISION-MAKING PROCESS ARE CONTEMPORANEOUSLY SUBSTANTIATED IN DETAILED MINUTES THAT ARE REVIEWED, CORRECTED IF APPROPRIATE, AND APPROVED AT THE NEXT FOLLOWING COMMITTEE MEETING. | ||
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -92,222. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PART XII, LINE 2C | THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |