Civic Intelligence

Custom Collaborative Inc

990 • Fiscal year 2022 • EIN 47-5036606

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

118 East 124th Street 1416New York, NY 10035

(646) 596-8005

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

2022 filings • NTEE J • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

48th percentile

0.01x

Higher debt load relative to revenue than 48% of similar nonprofits.

2022 filings • NTEE J • $500k-$1M nonprofits • Source year 2022

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

2022 filings • NTEE J • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE J • $500k-$1M nonprofits • Source year 2022

Asset Growth

82nd percentile

36%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

27%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$678,095

Up $179,712 (+36%) from 2021

Net Assets

Up

$666,538

Up $174,140 (+35%) from 2021

Liabilities

Up

$11,557

Up $5,572 (+93%) from 2021

Revenue

Up

$999,206

Up $209,446 (+27%) from 2021

Expenses

Up

$825,064

Up $337,851 (+69%) from 2021

Net Income

Down

$174,142

Down $128,405 (-42%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $114,488Liabilities 2018: $225Net Assets 2018: $114,2632018Assets 2019: $90,906Liabilities 2019: $431Net Assets 2019: $90,4752019Assets 2020: $221,046Liabilities 2020: $31,215Net Assets 2020: $189,8312020Assets 2021: $498,383Liabilities 2021: $5,985Net Assets 2021: $492,3982021Assets 2022: $678,095Liabilities 2022: $11,557Net Assets 2022: $666,5382022Assets 2023: $3,848,544Liabilities 2023: $2,462,922Net Assets 2023: $1,385,6222023Assets 2024: $3,238,785Liabilities 2024: $2,367,683Net Assets 2024: $871,1022024

Highlighted filing

2022

Assets$678,095
Liabilities$11,557
Net Assets$666,538

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2018: $213,488Expenses 2018: $99,485Net Income 2018: $114,0032018Revenue 2019: $319,623Expenses 2019: $343,429Net Income 2019: -$23,8062019Revenue 2020: $617,224Expenses 2020: $515,403Net Income 2020: $101,8212020Revenue 2021: $789,760Expenses 2021: $487,213Net Income 2021: $302,5472021Revenue 2022: $999,206Expenses 2022: $825,064Net Income 2022: $174,1422022Revenue 2023: $1,754,497Expenses 2023: $1,035,199Net Income 2023: $719,2982023Revenue 2024: $970,390Expenses 2024: $1,475,063Net Income 2024: -$504,6732024

Highlighted filing

2022

Revenue$999,206
Expenses$825,064
Net Income$174,142
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$999,206
Mission and Program Overview

Mission

We are a new york city based entrepreneurship and workforce deelopment program that trains and supports women from low-incom immigrant communities to lauch fashion careers and bsinesses

Custom collaborative, inc. Trains, mentors and advocates for and with no/low-income and immigrant women to build the skills necessary to achieve economic success in the sustainable fashion industry and broader society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$440,633$643,932▲ $203,299
Accounts Receivable$24,500--
Pledges and Grants Receivable$15,000$13,422▼ $1,578
Land, Buildings, and Equipment, Net$10,500$11,741▲ $1,241
Inventories for Sale or Use$7,750$9,000▲ $1,250
Total Assets$498,383$678,095▲ $179,712
Liabilities
Accounts Payable and Accrued Expenses$5,985$11,557▲ $5,572
Total Liabilities$5,985$11,557▲ $5,572
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$492,398$666,538▲ $174,140
Total Net Assets Fund Balance$492,398$666,538▲ $174,140
Total Liabilities and Net Assets / Fund Balance$498,383$678,095▲ $179,712

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,741$2,215$13,956
Compensation and Service Providers

Board Members and Trustees

NameTitle
Melody Rollins DownesBoard Chair
Andrea PozziBoard Member
Celine DecarloBoard Member
Dana CoxBoard Member
Gita GupteBoard Member
Jackie SwansonBoard Member
Leandro BrufmanBoard Member
Manon Clavel-solanderBoard Member
Ngozi OkaroExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$918,889
Program Service Revenue
$80,317
Investment Income
$0
Other Revenue
$0
All Other Contributions
$908,889
Change in Net Assets
$174,142

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$68,128Fair Value of Servic
Other Non Cash Contri Table$48,208Fair Value of Rental
Other Non Cash Contri Table$12,979Fair Value of Goods
Total Noncash Contributions$129,315-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$414,779
Other Expenses$410,285
Total Fundraising Expense$63,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$247,466$74,990$52,493$374,949
Payroll Taxes$26,288$7,966$5,576$39,830
Office Expenses$18,718$13,779$4,211$36,708
Travel$23,541$2,743-$26,284
Fees for Services Accounting-$21,050-$21,050
Depreciation Depletion$1,462$443$310$2,215
Other Expenses$25,000$1,835-$1,835
All Other Expenses$900$900-$1,800
Advertising--$980$980
Total Functional Expenses$611,880$149,614$63,570$825,064
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is available to all board members to review prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces compliance with the policy by surveying directors quarterly.

Form 990, Part VI, Section B, Line 15

The executive director is the the only key empoyee in the organization.

Form 990, Part VI, Section C, Line 18

Governing documents are made available to the public upon request. The form 990 is made available to the public via guidestar.

Form 990, Part VI, Section C, Line 19

The governing documents and form 990 are available to the public via guidestar

03. Ceo, Executive Director, Top Management Comp (part VI, Line 15A)

Board assessed comparable skill/experience/positions; board assessed budget; board paid ed less than comparable, but within budget. The ed was the only key employee in 2022.

Filing and Contact Details

Filer

Filer Name
Custom Collaborative Inc
EIN
47-5036606
Phone
6465968005
Address
118 EAST 124TH STREET 1416, NEW YORK, NY 10035

Signing Officer

Name
Ngozi Okaro
Title
Executive Director
Phone
6465968005
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ngozi Okaro
Formed
2015
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
0

Preparer

Firm
Liggett Melzer & Joshi Cpas Pc
Address
307 7TH AVENUE SUITE 1601, NEW YORK, NY 10001
Preparer
Arpita Joshi
Phone
2124813490
Supplemental Narrative

Additional Explanations

07. List of Other Fees for Services Expenses (part IX, Line 11G)

See functional expense overflow statement 1

08. List of Other Expenses (part IX, Line 24E)

SEE OVERFLOW STATEMENT 2

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0TRAINING INSTITUTE -OFFERS A PAID FULL-TIME 14 WEEK COURSE IN THE ART TECHNIQUE AND BUSINESS FASHION THAT EQUIPS TRAINEES WITH MARKETABLE SKILLS AND A BUSINESS PLAN. PARTICIPANTS COMPLETE OUR PROGRAM KNOWING HOW TO MAKE CUSTOM CLOTHING, DEVELOP AND USE PERSONAL FINANCIAL PLANNING SKILLS AND WITH A NETWORK OF MENTORS AND COLLEAGUES IN THE SUSTAINABLE FASHION INDUSTRY, BUSINESS INCUBATOR - SUPPORTS ENTREPRENEURIAL EFFORTS AMONG OUR GRADUATES AND OTHER EMERGING DESIGNERS AND BUSINESS OWNERS. THE INCUBATOR PROVIDES EARNED INCOME OPPORTUNITIES, SKILLS BUILDING, AND JOB PLACEMENT FOR CUSTOM COLLABORATIVE PARTICIPANTS. CUSTOM COLLABORATIVE, IN ALIGNMENT WITH OUR MISSION OF CREATING ECONOMIC JUSTICE, OPERATES FASHION THAT WORKS, A WORKER-OWNED COOPERATIVE DEVELOPMENT PROGRAM. WE SUPPORT PEOPLE WHO INITIATE AND OPERATE COOPERATIVELY-OWNED FASHION BUSINESSES. INDIVIDUAL DONATIONS
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0389642
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0251311
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0202374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02204855
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0214632
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0212806
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0227582
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt068312
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt068312
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0791644
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73580
IRS990ScheduleA/PublicSupportTotal509Amt02204855
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0784574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0576954
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0389642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0251311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0202374
IRS990ScheduleA/Total509Grp/TotalAmt02204855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0999206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0789760
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0617224
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0319623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0270686
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02996499
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011741
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02215
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013956
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011741
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt10
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt20
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0DONATED SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1DONATED SPACE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2DONATED GOODS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR VALUE OF SERVIC
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FAIR VALUE OF RENTAL
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2FAIR VALUE OF GOODS
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IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt148208
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY SURVEYING DIRECTORS QUARTERLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS THE THE ONLY KEY EMPOYEE IN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC VIA GUIDESTAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD ASSESSED COMPARABLE SKILL/EXPERIENCE/POSITIONS; BOARD ASSESSED BUDGET; BOARD PAID ED LESS THAN COMPARABLE, BUT WITHIN BUDGET. THE ED WAS THE ONLY KEY EMPLOYEE IN 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE FUNCTIONAL EXPENSE OVERFLOW STATEMENT 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEE OVERFLOW STATEMENT 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc503. CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT COMP (PART VI, LINE 15A)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc607. LIST OF OTHER FEES FOR SERVICES EXPENSES (PART IX, LINE 11G)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc708. LIST OF OTHER EXPENSES (PART IX, LINE 24E)
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IRS990/TerminateOperationsInd00
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IRS990/TotalEmployeeCnt013
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0611880
IRS990/TotalFunctionalExpensesGrp/TotalAmt0825064
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IRS990/TotalLiabilitiesGrp/EOYAmt011557
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0492398
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0666538
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0611880
IRS990/TotalProgramServiceRevenueAmt080317
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0999206
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TravelGrp/ProgramServicesAmt023541
IRS990/TravelGrp/TotalAmt026284
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0118 EAST 124TH STREET 1416
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010035
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
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