Civic Intelligence

Collective Initiatives Inc

EIN 84-3901461 • 501(c)3 • Chicago, IL

Profile

Collective Initiatives Inc focuses on economic development and social inclusion. Our efforts are designed to foster equality and equity for underrepresented groups and under-resourced entities and communities.

PO Box 16686Chicago, IL 60616

www.collectiveinitiatives.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2022

Asset Growth

82nd percentile

32%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-49%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$16,513

Up $4,001 (+32%) from 2023

Liabilities

Down

$882

Down $10,691 (-92%) from 2023

Net Assets

Up

$15,631

Up $14,692 (+1565%) from 2023

Revenue

Down

$29,125

Down $27,969 (-49%) from 2023

Expenses

Down

$14,433

Down $36,812 (-72%) from 2023

Net Income

Up

$14,692

Up $8,843 (+151%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20K$10K$0-$10KAssets 2021: $16,001Liabilities 2021: $13,141Net Assets 2021: $2,8602021Assets 2022: $8,533Liabilities 2022: $13,443Net Assets 2022: -$4,9102022Assets 2023: $12,512Liabilities 2023: $11,573Net Assets 2023: $9392023Assets 2024: $16,513Liabilities 2024: $882Net Assets 2024: $15,6312024

Highlighted filing

2024

Assets$16,513
Liabilities$882
Net Assets$15,631

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $50,484Expenses 2021: $47,624Net Income 2021: $2,8602021Revenue 2022: $69,913Expenses 2022: $77,683Net Income 2022: -$7,7702022Revenue 2023: $57,094Expenses 2023: $51,245Net Income 2023: $5,8492023Revenue 2024: $29,125Expenses 2024: $14,433Net Income 2024: $14,6922024

Highlighted filing

2024

Revenue$29,125
Expenses$14,433
Net Income$14,692

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$29,125
Mission and Program Overview

Mission

Collective Initiatives Inc focuses on economic development and social inclusion. Our efforts are designed to foster equality and equity for underrepresented groups and under-resourced entities and communities.

Program Services

DescriptionGrantsExpenses
Within communities that have historically lacked resources, Collective Initiatives Inc's work in Business Management increased business viability, while our work in Community Development improved social conditions.$0$9,662
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Serena K LalPresident-$0--
Rick NicholsFormer Treasurer-$0--
Grace MoodyMember-$0--
Jarvis FreemanMember-$0--
Dianne ThomasMember-$0--
Christine EvansSecretary-$0--
Lenise LeeCEO-$0--
Filing and Contact Details

Filer

Filer Name
Collective Initiatives Inc
EIN
84-3901461
Phone
3126004915
Address
PO Box 16686, Chicago, IL 60616

Signing Officer

Name
Lenise Lee
Title
CEO
Phone
3126004915
Signed
2025-11-16
Discuss with paid preparer
Yes

Preparer

Firm
ALMANZA & COOMBES CPAs PLLC
Address
1841 W CUYLER AVE, CHICAGO, IL 60613-2401
Preparer
Joy Coombes
Phone
6306380324
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: Fundraising income. Amount: 1,284. Total to Form 990-EZ, line 14: 528.

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 313. Description: Other Expenses. Amount: 215.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Insurance. Amount: 1,343. Description: Office supplies . Amount: 78. Description: Direct program. Amount: 637. Description: Advertising. Amount: 15. Description: Depreciation. Amount: 121. Description: Information Technology. Amount: 2,396. Description: Meeting. Amount: 12. Description: Fees. Amount: 584. Description: Miscellaneous. Amount: 747. Total to Form 990-EZ, line 16: 5,933.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Other Depreciable Assets. Beg. of Year Amount: 434. End of Year Amount: 0.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accounts payable & accrued expenses. Beg. of Year Amount: 11,573. End of Year Amount: 882.

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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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