Civic Intelligence

Collab Incorporated

EIN 86-1737815 • 501(c)3

Siviq Scores

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

Liabilities / Assets

89th percentile

0.58x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.12x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

11th percentile

-80%

Higher net margin than 11% of similar nonprofits.

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

Top Officer Pay

87th percentile

$16,680

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

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

Asset Growth

24th percentile

-36%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

32nd percentile

-23%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$32,903

Down $46,668 (-59%) from 2022

Liabilities

Up

$19,190

Up $7,974 (+71%) from 2022

Net Assets

Down

$13,713

Down $54,642 (-80%) from 2022

Revenue

Down

$153,782

Down $105,062 (-41%) from 2022

Expenses

Up

$276,625

Up $89,845 (+48%) from 2022

Net Income

Down

-$122,843

Down $194,907 (-270%) from 2022

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2022: $79,571Liabilities 2022: $11,216Net Assets 2022: $68,3552022Assets 2024: $32,903Liabilities 2024: $19,190Net Assets 2024: $13,7132024

Highlighted filing

2024

Assets$32,903
Liabilities$19,190
Net Assets$13,713

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2022: $258,844Expenses 2022: $186,780Net Income 2022: $72,0642022Revenue 2024: $153,782Expenses 2024: $276,625Net Income 2024: -$122,8432024

Highlighted filing

2024

Revenue$153,782
Expenses$276,625
Net Income-$122,843

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2024
Return Version
2023v6.0
Gross Receipts
$153,782
Mission and Program Overview

Mission

To provide entrepreneurs with impactful, rigorous business support using a compassionate, fundamentally heart-centered approach to build good businesses, create economic power, and shape their communities for themselves, and their families. We prioritize serving people of color and women who face persistent and significant barriers to entrepreneurship.

Program Services

DescriptionGrantsExpenses
COLLAB IS AN ORGANIZATION THAT AIMS TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH SO THAT THEY CAN BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN - PARTICULARLY BLACK AND LATINX ENTREPRENEURS - WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS BECAUSE OF STRUCTURAL RACISM AND SEXISM. ENTREPRENEURSHIP IS A WAY TO CREATE ECONOMIC STABILITY FOR FAMILIES, AND ALSO FOR INDIVIDUALS TO HAVE AGENCY AND OWNERSHIP IN THEIR LIVES AND THEIR COMMUNITIES. OUR CORE BELIEF IS THAT ENTREPRENEURSHIP (WHICH WE DEFINE AS THE ACT OF TAKING A RISK ON BEHALF OF OUR COMMUNITY) SHOULD BE ACCESSIBLE TO EVERY SINGLE PERSON, NO MATTER WHERE THEY COME FROM. WE SEE OUR WORK AS BEING A PART OF A WIDER ECOSYSTEM OF ENTREPRENEURSHIP SUPPORT RESOURCES, FUNDING, AND PROGRAMS IN OUR COMMUNITY. OUR WORK WITHIN THAT ECOSYSTEM HAS 3 COMPONENTS: "TRUST & ACCESS: WE HAVE DEEP AND BROAD OUTREACH INFRASTRUCTURE TO REACH THE MOST ENTREPRENEURS. OUR PROGRAMS PROVIDE WRAPAROUND SERVICES LIKE CHILDCARE, TRANSPORTATION, AND INTERPRETATION TO MAKE SURE INDIVIDUALS CAN BE SUPPORTED AND SUCCESSFUL. "HIGH-TOUCH PROGRAMS: OUR PROGRAMS COMBINE HIGH-QUALITY BUSINESS EDUCATION WITH A HEART-BASED LEADERSHIP DEVELOPMENT CURRICULUM. "ECOSYSTEM PATHWAYS: WE TAKE AN ECOSYSTEM-LEVEL APPROACH TO ENSURE ENTREPRENEURS HAVE A SYSTEM OF ENDURING SUPPORT - INCLUDING A BROAD NETWORK OF MENTORS, PRO BONO PARTNERS, FUNDERS, AND OTHER PROGRAMS. "COMMUNITY & POWER: OUR ENTREPRENEURS ARE MORE POWERFUL WHEN THEY MOVE AND WORK TOGETHER. WE BRING OUR 100+ GRADUATES TOGETHER TO ACT AS A COALITION TO ADVOCATE FOR THEMSELVES AND OUR COMMUNITY'S COLLECTIVE GOOD.-$184,083
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAWN LEAKSExecutive DiFT$16,680-$16,680
VIRGINIA KOZLOWSKITreasurer-$0--
KARLA LINDQUISTSecretary-$0--
ANIKA SINGH LEMARDirector-$0--
Filing and Contact Details

Filer

Filer Name
Collab Incorporated
EIN
86-1737815
Phone
8778295500
Address
PO BOX 38, NEW HAVEN, CT 06513

Signing Officer

Name
Dawn Leaks
Title
Executive Director
Phone
8778295500
Signed
2024-05-13

Preparer

Firm
Fiondella Milone & Lasaracina Llp
Address
300 WINDING BROOK DR STE 1, GLASTONBURY, CT 06033
Preparer
Amber D Tucker
Phone
8606573651
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other revenue 2,235 total 2,235

Form 990-ez, Part I, Line 16

Expenses 795 9,179 interest 294 insurance 5,529 program food 8,272 licenses & fees 2,666 total 26,735

Form 990-ez, Part II, Line 24

Accounts receivable 0 15,000 3,395 3,395 total 3,395 18,395

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 11,216 1,074 deferred revenue 0 8,500 other current liabilities 0 9,616

Form 990-ez, Part III

To provide entrepreneurs with impactful, rigorous business support using a compassionate, fundamentally heart-centered approach to build good businesses, create economic power, and shape their communities for themselves, and their families. We prioritize serving people of color and women who face persistent and significant barriers to entrepreneurship.

Form 990-ez, Part III, Line 28

Collab is an organization that aims to provide entrepreneurs with impactful, rigorous business support using a compassionate, fundamentally heart-centered approach so that they can build good businesses, create economic power, and shape their communities for themselves and their families. We prioritize serving people of color and women - particularly black and latinx entrepreneurs - who face persistent and significant barriers because of structural racism and sexism. Entrepreneurship is a way to create economic stability for families, and also for individuals to have agency and ownership in their lives and their communities. Our core belief is that entrepreneurship (which we define as the act of taking a risk on behalf of our community) should be accessible to every single person, no matter where they come from. We see our work as being a part of a wider ecosystem of entrepreneurship support resources, funding, and programs in our community. Our work within that ecosystem has 3 components: "trust & access: we have deep and broad outreach infrastructure to reach the most entrepreneurs. Our programs provide wraparound services like childcare, transportation, and interpretation to make sure individuals can be supported and successful. "high-touch programs: our programs combine high-quality business education with a heart-based leadership development curriculum. "ecosystem pathways: we take an ecosystem-level approach to ensure entrepreneurs have a system of enduring support - including a broad network of mentors, pro bono partners, funders, and other programs. "community & power: our entrepreneurs are more powerful when they move and work together. We bring our 100+ graduates together to act as a coalition to advocate for themselves and our community's collective good.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH TO BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES, AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS TO ENTREPRENEURSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COLLAB IS AN ORGANIZATION THAT AIMS TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH SO THAT THEY CAN BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN - PARTICULARLY BLACK AND LATINX ENTREPRENEURS - WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS BECAUSE OF STRUCTURAL RACISM AND SEXISM. ENTREPRENEURSHIP IS A WAY TO CREATE ECONOMIC STABILITY FOR FAMILIES, AND ALSO FOR INDIVIDUALS TO HAVE AGENCY AND OWNERSHIP IN THEIR LIVES AND THEIR COMMUNITIES. OUR CORE BELIEF IS THAT ENTREPRENEURSHIP (WHICH WE DEFINE AS THE ACT OF TAKING A RISK ON BEHALF OF OUR COMMUNITY) SHOULD BE ACCESSIBLE TO EVERY SINGLE PERSON, NO MATTER WHERE THEY COME FROM. WE SEE OUR WORK AS BEING A PART OF A WIDER ECOSYSTEM OF ENTREPRENEURSHIP SUPPORT RESOURCES, FUNDING, AND PROGRAMS IN OUR COMMUNITY. OUR WORK WITHIN THAT ECOSYSTEM HAS 3 COMPONENTS: "TRUST & ACCESS: WE HAVE DEEP AND BROAD OUTREACH INFRASTRUCTURE TO REACH THE MOST ENTREPRENEURS. OUR PROGRAMS PROVIDE WRAPAROUND SERVICES LIKE CHILDCARE, TRANSPORTATION, AND INTERPRETATION TO MAKE SURE INDIVIDUALS CAN BE SUPPORTED AND SUCCESSFUL. "HIGH-TOUCH PROGRAMS: OUR PROGRAMS COMBINE HIGH-QUALITY BUSINESS EDUCATION WITH A HEART-BASED LEADERSHIP DEVELOPMENT CURRICULUM. "ECOSYSTEM PATHWAYS: WE TAKE AN ECOSYSTEM-LEVEL APPROACH TO ENSURE ENTREPRENEURS HAVE A SYSTEM OF ENDURING SUPPORT - INCLUDING A BROAD NETWORK OF MENTORS, PRO BONO PARTNERS, FUNDERS, AND OTHER PROGRAMS. "COMMUNITY & POWER: OUR ENTREPRENEURS ARE MORE POWERFUL WHEN THEY MOVE AND WORK TOGETHER. WE BRING OUR 100+ GRADUATES TOGETHER TO ACT AS A COALITION TO ADVOCATE FOR THEMSELVES AND OUR COMMUNITY'S COLLECTIVE GOOD.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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