Civic Intelligence

Transparent Collective Inc

EIN 81-3600717 • 501(c)3 • Oakland, CA

Profile

Increasing the number of underrepresented founders raising early stage funding

5 Embarcadero West 135Oakland, CA 94607

www.transparentcollective.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.43x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

0.38x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

4th percentile

-605%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

11th percentile

-84%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-94%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$5,362

Down $44,220 (-89%) from 2024

Liabilities

Down

$3,210

Down $20,928 (-87%) from 2024

Net Assets

Down

$2,152

Down $23,292 (-92%) from 2024

Operations
Liabilities / Revenue90th percentileNet Margin4th percentile

Revenue

Down

$77,187

Down $21,581 (-22%) from 2024

Expenses

Up

$100,479

Up $14,583 (+17%) from 2024

Net Income

Down

-$23,292

Down $36,164 (-281%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2021: $61,312Liabilities 2021: $0Net Assets 2021: $61,3122021Assets 2022: $9,555Liabilities 2022: $4,100Net Assets 2022: $5,4552022Assets 2023: $12,572Liabilities 2023: $0Net Assets 2023: $12,5722023Assets 2024: $49,582Liabilities 2024: $24,138Net Assets 2024: $25,4442024Assets 2025: $5,362Liabilities 2025: $3,210Net Assets 2025: $2,1522025

Highlighted filing

2025

Assets$5,362
Liabilities$3,210
Net Assets$2,152
Open 2025 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2021: $169,506Expenses 2021: $139,303Net Income 2021: $30,2032021Revenue 2022: $10,915Expenses 2022: $76,916Net Income 2022: -$66,0012022Revenue 2023: $21,585Expenses 2023: $14,468Net Income 2023: $7,1172023Revenue 2024: $98,768Expenses 2024: $85,896Net Income 2024: $12,8722024Revenue 2025: $77,187Expenses 2025: $100,479Net Income 2025: -$23,2922025

Highlighted filing

2025

Revenue$77,187
Expenses$100,479
Net Income-$23,292
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,362
Liabilities
$3,210
Net assets
$2,152
Revenue
$77,187
Expenses
$100,479
Net income
-$23,292
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.05$0.03$0.02$0.77$1.00$0.23
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.24$0.25$0.99$0.86$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.22$0.14$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.04$0.05$0.11$0.77$0.66
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$1.70$1.39$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 24, 2026
Return Version
2025v4.0
Gross Receipts
$77,187
Mission and Program Overview

Mission

Help underrepresented founders raise venture funding

Increasing the number of underrepresented founders raising early stage funding

Program Services

DescriptionGrantsExpenses
Transparent Collective is a group of diverse operators increasing the number of Black, Latinx, and womxn entrepreneurs succeeding in venture backed tech. Based on our experiences, we provide a hyper-personalized playbook that enables founders to access capital, connections, and community. Currently, less than 1 of venture capital is invested in Black and Latinx founders. Within the Transparent Collective community, over 80 of our founders were able to successfully raise funding. We've worked with over 60 companies to help them raise almost $70m collectively from top-tier investors. We offer intensive programming focused on helping early stage companies raise Seed and Series A with 1-on-1 advisor sessions, panels with industry leaders, and opportunities to network with active investors. Learn more at transparentcollective.com.-$90,008
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James H NormanPresident & CEOPT$0--
Rohini H PandhiCFO-$0--
Filing and Contact Details

Filer

Filer Name
Transparent Collective INC
EIN
81-3600717
Phone
5104101542
Address
5 Embarcadero West 135, Oakland, CA 94607

Signing Officer

Name
Rohini Pandhi
Title
CFO
Signed
2026-03-24
Discuss with paid preparer
Yes

Preparer

Firm
Malvoso CPA
Address
360 Grand Ave 408, Oakland, CA 94610
Preparer
Shelby Malvoso
Phone
5104736240
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $506”

Other Expenses.1002

“Office Expenses $9370”

Other Expenses.1005

“Travel $17949”

Other Expenses.1

“Workshop Expenses $33131”

Total Liabilities.1

“Credit card payable - Beginning $138 Credit card payable - Ending $3210”

Total Liabilities.2

“Pass thru grant - Beginning $24000 Pass thru grant - Ending $0”

Raw XML Appendix146 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Rohini Pandhi
IRS990EZ/BooksInCareOfDetail/PhoneNum05104101542
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05 Embarcadero West Unit 135
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Oakland
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094607
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049582
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05362
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt077187
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-23292
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt039523
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt049582
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05362
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt077187
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025444
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02152
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025444
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02152
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0James H Norman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Rohini H Pandhi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt060956
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Increasing the number of underrepresented founders raising early stage funding
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Transparent Collective is a group of diverse operators increasing the number of Black, Latinx, and womxn entrepreneurs succeeding in venture backed tech. Based on our experiences, we provide a hyper-personalized playbook that enables founders to access capital, connections, and community. Currently, less than 1 of venture capital is invested in Black and Latinx founders. Within the Transparent Collective community, over 80 of our founders were able to successfully raise funding. We've worked with over 60 companies to help them raise almost $70m collectively from top-tier investors. We offer intensive programming focused on helping early stage companies raise Seed and Series A with 1-on-1 advisor sessions, panels with industry leaders, and opportunities to network with active investors. Learn more at transparentcollective.com.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090008
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024138
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03210
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0100479
IRS990EZ/TotalProgramServiceExpensesAmt090008
IRS990EZ/TotalRevenueAmt077187
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.transparentcollective.com
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: 1. Level of Public Support During the applicable computation period, the organizations public support percentage was 26.65%, which substantially exceeds the 10% minimum threshold required under the facts-and-circumstances test. The organization receives support from a combination of institutional donors and individual contributors, reflecting a broad base of public support rather than reliance on a limited number of private funding sources. No single donor or related group of donors represents a controlling share of the organizations public support. Although the organization did not meet the 33 1/3% public support threshold for the current period, the level and diversity of its support demonstrate meaningful reliance on contributions from the public. 2. Continuous and Bona Fide Public Fundraising Program The organization maintains an ongoing fundraising program directed toward both institutional supporters and individual members of the public. During the most recent year, the organization received contributions from half a dozen unrelated institutional donors aligned with its charitable mission. In addition to institutional contributions, the organization regularly solicits and receives support from individual donors. During 2025, the organization received donations from more than 15 individual contributors, with an average contribution of approximately $300 per donor. These efforts demonstrate an ongoing and bona fide fundraising program directed toward the general public and a broad base of support for the organizations activities. 3. Representative Governing Body The organization is governed by a board of directors consisting of the organizations co-founders. Board members are not related to one another and serve without compensation. The board provides active oversight of the organizations mission, strategy, and finances and operates independently of any single donor or funding source. The board is not dominated by major donors, which helps ensure that the organizations activities are directed toward serving the broader public interest rather than the private interests of specific contributors. 4. Public Access to Programs and Services The organization regularly hosts community programming and events that advance its charitable mission and are free and open to participants within the broader entrepreneurial ecosystem it serves. These events typically convene 810 underrepresented founders together with approximately 50 mentors, advisors, and investors from the community. Through these programs, the organization facilitates mentorship, relationship-building, and access to networks that can help founders grow and sustain their businesses. These programs are designed to benefit the broader community of founders and ecosystem participants rather than a limited private group. 5. Ongoing Public Engagement and Community Support The organization maintains ongoing engagement with the public through community partnerships, programming, and outreach activities. For example, the organization has collaborated with partners such as Invest Detroit to host community programming that convenes founders, mentors, investors, and other stakeholders. These partnerships reflect the organizations efforts to engage with and serve a broader entrepreneurial community across different regions. In addition, the organization maintains a mailing list of approximately 4,000 subscribers, which it uses to communicate with and engage members of the broader public interested in its mission and programming. These activities demonstrate continuing public engagement and support for the organizations work.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt077187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt098518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0169506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0377711
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0250
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.26650
IRS990ScheduleA/PublicSupportPY170Pct00.31950
IRS990ScheduleA/PublicSupportTotal170Amt0100742
IRS990ScheduleA/SubstantialContributorsTotAmt0276969
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt077187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt098518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010915
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0169506
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0377711
IRS990ScheduleA/TotalSupportAmt0377961
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $506
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $9370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $17949
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Workshop Expenses $33131
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Credit card payable - Beginning $138 Credit card payable - Ending $3210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Pass thru grant - Beginning $24000 Pass thru grant - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rohini Pandhi
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Transparent Collective INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0813600717
ReturnHeader/Filer/PhoneNum05104101542
ReturnHeader/Filer/USAddress/AddressLine1Txt05 Embarcadero West 135
ReturnHeader/Filer/USAddress/CityNm0Oakland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094607
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0992204443
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Malvoso CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0360 Grand Ave 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oakland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094610
ReturnHeader/PreparerPersonGrp/PhoneNum05104736240
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shelby Malvoso
ReturnHeader/ReturnTs02026-03-24T11:28:06-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.