Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
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.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
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
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $16,513
- Liabilities
- $882
- Net assets
- $15,631
- Revenue
- $29,125
- Expenses
- $14,433
- Net income
- $14,692
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
| Description | Grants | Expenses |
|---|---|---|
| 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
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Serena K Lal | President | - | $0 | - | - |
| Rick Nichols | Former Treasurer | - | $0 | - | - |
| Grace Moody | Member | - | $0 | - | - |
| Jarvis Freeman | Member | - | $0 | - | - |
| Dianne Thomas | Member | - | $0 | - | - |
| Christine Evans | Secretary | - | $0 | - | - |
| Lenise Lee | CEO | - | $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/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/ReturnTs | 0 | 2025-11-16T22:12:20-06:00 |
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Document Assets
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