Jacob's Ladder, Inc.

an enrichment program

Urbanna, VA | https://www.jladder.org

Learn how to support this organization

GuideStar Charity Check

EIN: 54-1717138

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(1)
as of November 13, 2023

View summary

Charity Check report

Mission

Our mission is to aid and encourage intellectually gifted, at-risk middle and high school students to reach their full potential and become leaders equipped to help others in similar economic and social situations. Through a proactive summer residential camp and year-round advocacy program, middle school students receive enrichment and support to foster their intellectual, social, emotional, and physical development. Through a high school advocacy program, students continue to receive mentoring to assist with challenges, course selections, scholarship opportunities, and the college application process.

Ruling year info

1995

Exective Director

Catherine Coggeshall

Main address

P.O. Box 3

Urbanna, VA 23175 USA

Show more contact info

EIN

54-1717138

Subject area info

Performing arts

Elementary and secondary education

Out-of-school learning

Student retention

Civics for youth

Population served info

Preteens

Adolescents

Low-income people

Students

Children and youth

NTEE code info

Citizenship Programs, Youth Development (O54)

Elementary, Secondary Ed (B20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Summer Enrichment Program

Jacob's Ladder Summer Residential Enrichment Program and Advocacy/Follow-up is the primary program. All efforts are directed to make these four to five weeks over a five or four-year period the best and most impactful for students. The Advocacy portion continues with visits to home and school, a spring retreat, winter gatherings, and other enrichment opportunities throughout the year.

Population(s) Served

Children and youth

Where we work

Awards

External reviews

Photos

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

To provide educational and holistic enrichment opportunities to gifted, at risk middle school, and secondary school students by providing a month long summer residential enrichment camp through the middle school years, and providing enrichment and mentoring opportunities through the secondary school years.

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Jacob's Ladder, Inc.

Fiscal year: Jan 01 - Dec 31

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

256.78

Average of 143.99 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

7

Average of 7.4 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

6%

Average of 10% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Jacob's Ladder, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$278,460
Program Services	$0
Investments	$2,200
Special Events	$7,197
Sales	$0
Other	$0
Total Revenue	$287,857

Expenses
Grants	$0
Salaries & Employee Benefits	$130,274
Professional Fees	$0
Occupancy	$6,115
Printing, Publications, Postage, etc.	$12,219
Other Expenses	$118,656
Total Expenses	$267,264
Net Gain/Loss	$20,593

Revenue
Contributions	$239,444
Government Grants	$0
Program Services	$0
Investments	$16,680
Special Events	$17,012
Sales	$0
Other	$0
Total Revenue	$273,136

Expenses
Program Services	$211,943
Administration	$30,398
Fundraising	$12,824
Total Expenses	$255,165
Net Gain/Loss	$17,971

Functional expenses
Accounting Fees	$1,525
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$9,227
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$276,854
Government Grants	$0
Program Services	$0
Investments	$2,279
Special Events	$36,539
Sales	$0
Other	$0
Total Revenue	$315,672

Expenses
Program Services	$219,718
Administration	$59,356
Fundraising	$9,611
Total Expenses	$288,685
Net Gain/Loss	$26,987

Functional expenses
Accounting Fees	$4,175
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$3,316
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$292,274
Government Grants	$0
Program Services	$0
Investments	$1,401
Special Events	$26,614
Sales	$0
Other	$0
Total Revenue	$320,289

Expenses
Program Services	$243,412
Administration	$38,285
Fundraising	$18,613
Total Expenses	$300,310
Net Gain/Loss	$19,979

Functional expenses
Accounting Fees	$3,023
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$8,791
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$312,558
Government Grants	$0
Program Services	$0
Investments	$3,485
Special Events	$18,344
Sales	$0
Other	$0
Total Revenue	$334,387

Expenses
Program Services	$221,188
Administration	$46,833
Fundraising	$23,872
Total Expenses	$291,893
Net Gain/Loss	$42,494

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$10,668
Interest Expenses	$785
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$262,885
Government Grants	$0
Program Services	$0
Investments	$10,077
Special Events	$18,361
Sales	$0
Other	$6,971
Total Revenue	$298,294

Expenses
Program Services	$199,824
Administration	$44,923
Fundraising	$39,136
Total Expenses	$283,883
Net Gain/Loss	$14,411

Functional expenses
Accounting Fees	$3,888
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$3,114
Interest Expenses	$668
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$339,110
Government Grants	$0
Program Services	$0
Investments	($4,652)
Special Events	$16,699
Sales	$0
Other	$0
Total Revenue	$351,157

Expenses
Program Services	$209,814
Administration	$53,100
Fundraising	$30,382
Total Expenses	$293,296
Net Gain/Loss	$57,861

Functional expenses
Accounting Fees	$3,751
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$2,714
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$290,978
Government Grants	$0
Program Services	$0
Investments	$24,568
Special Events	$18,769
Sales	$0
Other	$6,258
Total Revenue	$340,573

Expenses
Program Services	$237,986
Administration	$47,037
Fundraising	$21,710
Total Expenses	$306,733
Net Gain/Loss	$33,840

Functional expenses
Accounting Fees	$4,226
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$4,397
Interest Expenses	$433
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$349,141
Government Grants	$0
Program Services	$0
Investments	$14,546
Special Events	$6,796
Sales	$0
Other	$0
Total Revenue	$370,483

Expenses
Program Services	$281,947
Administration	$65,843
Fundraising	$21,531
Total Expenses	$369,321
Net Gain/Loss	$1,162

Functional expenses
Accounting Fees	$2,387
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$6,510
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$299,220
Government Grants	$0
Program Services	$0
Investments	$8,071
Special Events	$11,027
Sales	$0
Other	$0
Total Revenue	$318,318

Expenses
Program Services	$268,289
Administration	$77,304
Fundraising	$24,026
Total Expenses	$369,619
Net Gain/Loss	($51,301)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$7,028
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$421,367
Government Grants	$0
Program Services	$0
Investments	$8,745
Special Events	$12,640
Sales	$0
Other	$0
Total Revenue	$442,752

Expenses
Program Services	$286,820
Administration	$74,458
Fundraising	$25,960
Total Expenses	$387,238
Net Gain/Loss	$55,514

Functional expenses
Accounting Fees	$5,916
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$217,498
Government Grants	$0
Program Services	$0
Investments	$9,344
Special Events	$13,398
Sales	$0
Other	$0
Total Revenue	$240,240

Expenses
Program Services	$127,626
Administration	$76,378
Fundraising	$23,425
Total Expenses	$227,429
Net Gain/Loss	$12,811

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$6,882
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$232,409
Government Grants	$0
Program Services	$0
Investments	$15,354
Special Events	$23,685
Sales	$0
Other	$57,591
Total Revenue	$329,039

Expenses
Program Services	$255,647
Administration	$81,464
Fundraising	$24,121
Total Expenses	$361,232
Net Gain/Loss	($32,193)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$4,929
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$339,810
Government Grants	$0
Program Services	$0
Investments	$11,769
Special Events	$34,629
Sales	$0
Other	$0
Total Revenue	$386,208

Expenses
Program Services	$226,935
Administration	$83,377
Fundraising	$35,259
Total Expenses	$345,571
Net Gain/Loss	$40,637

Functional expenses
Accounting Fees	$6,823
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$4,061
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Jacob's Ladder, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$278,460
Cash & Equivalents	$34,884	$20,593	($14,291)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$34,884	$20,593	($14,291)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Net Assets	$34,884	$55,477	$20,593

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$239,444
Cash & Equivalents	$124,048	$99,153	($24,895)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$38,952	$55,233	$16,281
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$17,923	$43,398	$25,475
Other	$0	$1	$1
Total Assets	$180,923	$197,785	$16,862

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$10,340	$9,231	($1,109)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$10,340	$9,231	($1,109)

Fund balance	Jan 01, 2010	Dec 31, 2010	Change
Temporarily Restricted Net Assets	$0	$7,001	$7,001
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$7,001	$7,001
Unrestricted Net Assets	$170,583	$181,553	$10,970
Net Assets	$170,583	$188,554	$17,971

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$276,854
Cash & Equivalents	$99,153	$134,511	$35,358
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$55,233	$59,623	$4,390
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$43,398	$31,860	($11,538)
Other	$1	$1	$0
Total Assets	$197,785	$225,995	$28,210

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$9,231	$7,611	($1,620)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$9,231	$7,611	($1,620)

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$7,001	$22,345	$15,344
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$7,001	$22,345	$15,344
Unrestricted Net Assets	$181,553	$196,039	$14,486
Net Assets	$188,554	$218,384	$29,830

Jacob's Ladder, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Jacob's Ladder, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$54,947	$105,663	$40,249	$4,385	$541
As % of expenses	-15.8%	28.8%	19.8%	1.2%	0.2%
Unrestricted surplus (deficit) after depreciation	-$76,167	$85,223	$16,126	-$4,648	-$8,091
As % of expenses	-20.6%	22.0%	7.1%	-1.3%	-2.3%

Revenue composition
Total revenue (unrestricted & restricted)	$318,318	$442,752	$240,240	$329,039	$386,208
Total revenue, % change over prior year	-14.1%	39.1%	-45.7%	37.0%	17.4%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	2.5%	2.0%	3.9%	4.7%	3.0%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	97.5%	98.0%	96.1%	77.8%	97.0%
Other revenue	0.0%	0.0%	0.0%	17.5%	0.0%

Expense composition
Total expenses before depreciation	$348,399	$366,798	$203,306	$352,199	$336,939
Total expenses, % change over prior year	0.1%	5.3%	-44.6%	73.2%	-4.3%
Personnel	46.4%	51.7%	78.9%	58.4%	57.0%
Professional fees	0.0%	1.6%	0.0%	0.0%	2.0%
Occupancy	0.0%	0.0%	3.0%	25.6%	2.1%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	53.6%	46.7%	18.1%	15.9%	39.0%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$369,619	$387,238	$227,429	$361,232	$345,571
One month of savings	$29,033	$30,567	$16,942	$29,350	$28,078
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$38,778	$0	$0	$0
Total full costs (estimated)	$398,652	$456,583	$244,371	$390,582	$373,649

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	5.4	5.0	12.1	4.7	7.0
Months of cash and investments	10.5	10.8	23.3	12.6	14.1
Months of estimated liquid unrestricted net assets	8.7	10.5	21.3	12.5	12.9

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$157,284	$153,861	$205,045	$139,178	$196,057
Investments	$148,200	$177,396	$188,952	$231,742	$200,405
Receivables	$0	$0	$0	$0	$0
Gross land, buildings, equipment (LBE)	$114,973	$153,751	$154,670	$154,670	$157,628
Accumulated depreciation (as a % of LBE)	72.4%	67.5%	82.7%	88.5%	92.3%
Liabilities (as a % of assets)	13.8%	0.8%	7.0%	0.5%	0.4%
Unrestricted net assets	$285,228	$370,451	$388,246	$383,598	$375,507
Temporarily restricted net assets	$6,000	N/A	N/A	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A	N/A	N/A
Total restricted net assets	$6,000	$8,225	$3,225	$3,600	$32,000
Total net assets	$291,228	$378,676	$391,471	$387,198	$407,507

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Exective Director

Catherine Coggeshall

A native of Richmond, VA, Catherine Coggeshall spent the last eight years in the Midwest (specifically, Illinois and Indiana). She attended Saint Mary’s College for her undergraduate degree in Elementary Education and Special Education, and taught special education in Chicago for two years. She returned to Saint Mary’s College to receive her Master of Autism Studies and then attended the University of Notre Dame to receive her Master of Nonprofit Administration.

Number of employees

Source: IRS Form 990

Jacob's Ladder, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Jacob's Ladder, Inc.

Board of directors
as of 10/16/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Charlie Vaughters

Private Contractor

Term: 2022 - 2025

Bruce Hemp

Retired Educator

Beth Monroe

Community Volunteer

Calvin Smith

Johns Hopkins University,Sr. Director of Leadership Engagement & Experiential Development, (Jacob’s Ladder Climber Alumni)

Molly Bittner

VP Philanthropic Services, Community Foundation, Richmond

Laura Domalik

VCU, Richmond Teacher in Residence Curriculum Coordinator

Charlie Vaughters

Private Contractor

Holly Crockett

Davenport & Company, Sr. VP

Gail Stone

TEKsystems Global Services, LLC, Regional Controller

Diego J. Rayas

Police Officer, University of Richmond, (Jacob’s Ladder Climber Alumni)

Elizabeth Fidler

FuturePlan/Ascensus SR Retirement Plan Consultant

Torian J Holt

Product Manager, Relias Learning, (Jacob’s Ladder Climber Alumni)

Pat Robertson

Bon Secours Healthsystem, retired

Shepherd F. Lewis

The Collegiate Schools, educator

Ashley T.R.U. Ward

Entertainer and Media Marketing Specialist

Alice N. Riviere

Agent, Bragg & Co. Real Estate

Daniel Tucker

Depository Supervision, SCC Assisstant Deputy Commissioner

Julianne T. Duvall

The Education Group, consultant

Lewis Muller

CEO, Think Big Media, LLC

Matthew D. Parker

Office of Special Trial Counsel

Organizational demographics

SOURCE: Self-reported; last updated 10/16/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

Jacob's Ladder, Inc.

an enrichment program

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Summer Enrichment Program

Where we work

Awards

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

256.78

Months of cash in 2022 info

7

Fringe rate in 2022 info

6%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Jacob's Ladder, Inc.

Jacob's Ladder, Inc.

Jacob's Ladder, Inc.

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Exective Director

Catherine Coggeshall

Number of employees

Jacob's Ladder, Inc.

Compensation data

Jacob's Ladder, Inc.

Board of directors data

Mr. Charlie Vaughters

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities