Colab

“Form 990 is prepared an independent cpa firm and is reviewed by the board prior to being filed.”

“The conflict of interest policy is reviewed annually. In the event of a conflict, the individual with conflicting interests is asked to recuse him or herself from voting.”

“Members of the colab independent board of directors have conducted informal surveys of compensation paid to executive leaders by comparable nonprofit organizations in the area. Based on that information, a salary range has been developed and used in compensation decisions during the closed-door meeting of the board of directors.”

“All governing documents, conflict of interest policy, financial statements, and 990 are available upon request at the organization's office.”

“(Expenses $ 82 including grants of $)(Revenue $ 298) INTRAPRENEURSHIP WORKSHOP: CO.LAB IS DEVELOPING A CUSTOM-MADE WORKSHOP AIMED AT HELPING INNOVATORS WITHIN A LARGE ORGANIZATION LEARN MORE ABOUT THE NECESSARY BUSINESS TOOLS NEEDED TO IDEATE, REFINE, AND IMPLEMENT ORGANIZATIONAL INNOVATIONS. THIS IS A FULL-DAY WORKSHOP TAILORED TO EACH ORGANIZATION BASED ON THEIR SPECIFIC INTERNAL NEEDS, KEEPING IN MIND THE NUANCES WITHIN CHANGE MANAGEMENT. THE FIRST PILOT PROGRAM HAD A FANTASTIC RECEPTION FROM TVA WITH 60 PARTICIPANTS. CO.STARTERS: WE OFFER A PROGRAM TO TEN COUNTIES, PROVIDING ENTREPRENEURS WITH A SUPPORTIVE COMMUNITY, AN ORGANIZED FRAMEWORK, AND A SENSE OF RESPONSIBILITY AS THEY TRANSFORM THEIR IDEAS INTO REALITY. THIS PROGRAM FACILITATES THE JOURNEY FROM CONCEPTUALIZATION TO BUSINESS LAUNCH THROUGH A SERIES OF BOOTCAMP SESSIONS GUIDED BY CO.LAB AND RESPECTED LOCAL BUSINESS PROFESSIONALS, WHO IMPART VALUABLE KNOWLEDGE ON VARIOUS BUSINESS CONCEPTS TO THE PARTICIPANTS. KIVA: CO.LAB IS THE ONLY KIVA HUB IN THE STATE OF TENNESSEE. KIVA IS A NONTRADITIONAL ONLINE LENDING PLATFORM THAT USES CROWDFUNDED MICROLOANS AS A FORCE FOR GOOD. KIVA CREATES A SPACE WHERE PEOPLE CAN HAVE A TANGIBLE IMPACT ON EACH OTHER AND ULTIMATELY FINANCIAL ACCESS FOR ALL. ENTREPRENEURS CAN BE CONNECTED TO LENDERS ACROSS THE GLOBE AND CAN APPLY FOR CROWDFUNDED LOANS OF UP TO $15,000.00 AT 0% INTEREST FOR TERMS UP TO 36 MONTHS.”

“CONTRACT SERVICES - Total Expense: 370584, Program Service Expense: 297255, Management and General Expenses: 35380, Fundraising Expenses: 37949; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”

“Passthrough investment loss recognized for tax - 3174; Passthrough investment income recognized for tax - -8500; Total - -5326;”

“(expenses $1,055 including grants of $0 )(revenue $974) ...fill the calendar with more coffee with co.lab and lunch and learns where we feel we can provide better resources to more of the community. Lunch and learns: co.lab hosts informal training and educational sessions that typically take place during lunchtime. These professional development opportunities allow community members and entrepreneurs to come together to learn something new related to entrepreneurship or innovation while enjoying lunch. The format typically involves a short presentation or workshop followed by a q&a and discussion session. Ev ride and drive: as a leading advocate for sustainable mobility co.lab teamed up with tennessee dealerships to bring more electric vehicle awareness to the chattanooga community by hosting the first-ever experiential ev ride & drive at the bend racetrack. This groundbreaking event aims to revolutionize the way people perceive electric vehicles (evs) by offering the opportunity for the local community to test drive a range of cutting-edge ev models, ultimately fostering increased ev sales and reducing the stigma associated with electric vehicles. Sustainable mobility reverse pitch: co.lab has partnered with tennsmart to host a virtual reverse pitch challenge, which is a new event that turns the table on entrepreneurs by asking organizations to pitch the problems they want startup teams to solve and offer a pathway to funding. Entrepreneurs were given the opportunity to collaborate on groundbreaking work that could impact major industries and communities across the nation. Chattanooga founders forum: co.lab has partnered with venturesouth to provide monthly educational sessions and lunches specifically designed for founders. Topics of the sessions include investing, scaling, marketing, and utilizing tools such as linkedin. Investors have coffee: co.lab has partnered with venturesouth to provide a monthly low-barrier option for those interested in investing to meet for networking and learn more about being angel investors in a casual environment.”