Cohabitat Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
COHABITAT FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION WHOSE MISSION IS TO FOSTER ECONOMIC GROWTH BY PROVIDING INTERNAL AND EXTERNAL RESOURCES, TOOLS, AND PROGRAMS FOR ALL THOSE WHO WISH TO START AND/OR GROW A BUSINESS.
- Income
- $197,519
- Spending
- $210,394
- Spent on programs
- 77%
- Reserves
- 1.1 months of spending
- Largest source of income
- donations and private grants, 64%
- Employees
- 1
- Volunteers
- 9
- Highest pay
- $66,360, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 34 out of 100. Higher than 11% of charities in its peer group (community improvement, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.1 months of spending.
Debt
5 of 20It owes 59% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
0 of 15Income fell 35% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 89% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 256 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $89,362 spent. BIZTRAX - BUSINESS ACCELERATION SERVICES INCLUDING COACHING, WORKSHOPS, NETWORKING EVENTS, AND CO-WORKING SPACE TO SUPPORT EXISTING SMALL BUSINESS GROWTH AND INNOVATION. THIS PROGRAM ALSO SERVED AS OUR SUPPORT PROGRAM FOR BUSINESSES IMPACTED BY COVID-19.BY THE NUMBERS, THE BUSINESSES PARTICIPATING IN THE 2023-2024 PROGRAM REPORTED CREATING 51 NEW JOBS WITH AN AVG. WAGE OF $51,200, A PROJECTED INCREASE IN REVENUE OF $1.42 MILLION OVER NEXT 12 MONTH, AND RETAINING 44 EXISTING JOBS.THE 2023-2024 REPORTED CREATING 51 NEW JOBS WITH AN AVG. WAGE OF $51,200, A PROJECTED INCREASE IN REVENUE OF $1.42 MILLION OVER NEXT 12 MONTH, AND RETAINING 44 EXISTING JOBS.
- $37,234 spent. DEVTRAX - SERVICES INCLUDING CEO ROUNDTABLES FOR SECOND STAGE COMPANIES AND PRACTICAL WORKSHOPS/CLASSES TO STRENGTHEN BUSINESS STRATEGY AND OPERATIONS FOR ALL.CEO ROUNDTABLE SERVED MORE THAN ROUGHLY 30 SECOND STAGE BUSINESS DECISION MAKERS IN 2024. 100% OF PARTICIPANTS REPORTED IT WAS LIKELY THEIR BUSINESS WOULD GROW FURTHER, 66.7% REPORTED LIKELIHOOD OF IMPROVING PROFITABILITY, AND 100% SAID THEY HAD GAINED KNOWLEDGE THAT WOULD ALLOW THEM TO RUN THEIR BUSINESSES MORE EFFICIENTLYCOHAB ALSO HOSTED IN PERSON BUSINESS TRAINING AT STAGES THROUGHOUT THE YEAR ALONE AND IN PARTNERSHIP WITH OTHER ECONOMIC DEVELOPMENT ORGANIZATIONS.
- $22,341 spent. YOUTHTRAX - LEMONADE DAY SHREVEPORT-BOSSIER CITY - . COHAB PARTNERS WITH LSUS, NOEL UMC, AND CADENCE BANK TO OFFER LEMONADE DAY COMMUNITY DAY AS WELL AS MULTIPLE SUMMER CAMPS TO TEACH CHILDREN A FOUNDATION OF ENTREPRENEURSHIP THROUGH HOSTING A LEMONADE STAND. IN 2024 COHAB HAS SERVED 323 CHILDREN THROUGH LEMONADE DAY. COHAB ALSO HOSTED TWO WEEK-LONG SUMMER CAMPS FOR 60 STUDENTS BETWEEN 8 AND 12 YEARS OLD HELPING THOSE KIDS LEARN MORE IN-DEPTH ENTREPRENEURIAL LESSONS AND INCREASE FINANCIAL LITERACY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.