THE MISSION COLLECTIVE INC

EIN: 202383515 501(c)(3) Human Services

CHARLESTON, SC

Total Revenue
$12,752
Total Expenses
$2,750
Total Assets
$82,903
Net Assets
$82,903
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
FL
Principal Officer
PAUL SORENSEN
Phone
2039217833
Tax Period
2025-01-01 to 2025-12-31

THE MISSION COLLECTIVE INC, founded in 2005, is a micro nonprofit in the Human Services sector that reported $13K in total revenue in fiscal year 2025. Revenue fell 76% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 78% operating margin.

Mission

MISSION THE MISSION COLLECTIVE IS BEING LAUNCHED TO PLANT CITYCENTRIC HUBS OF MISSION FOR NORTH AMERICA. TO ACCOMPLISH THIS OBJECTIVE, WE SEEK TO ESTABLISH SHARED-USE, OPEN- CONCEPT, COLLABORATIVE FACILITIES WHICH ALLOW COMMUNITY LEADERS OF FAITH AND BUSINESS TO COMMUNE AROUND COMMON INTERESTS AND INITIATIVES TO INSPIRE AND CREATE GOOD WORKS TO BETTER SERVE OUR CITIES. BEGINNING IN CHARLESTON, THESE CITYCENTRIC HUBS WILL BE UTILIZED FOR THREE DISTINCT PURPOSES. 1. COWORKING SPACE WE INTEND TO SECURE STRATEGICALLY LOCATED OPEN-OFFICE WORKSPACES THAT CAN BE USED THROUGHOUT THE DAY FOR BUSINESS AND NONPROFIT LEADERS THAT WE DISCERN ARE HAVING A POSITIVE IMPACT ON THEIR CITIES. THESE FACILITIES WILL BE FLEXIBLE, MULTIDIMENSIONAL, HYBRID WORKSPACES THAT WILL SERVE AS INCUBATORS FOR LEADERS AND FOSTER INTELLECTUAL, SERVICE AND NETWORK CONTRIBUTIONS FOR BUSINESS AND NONPROFIT ENDEAVORS. ON A PRACTICAL LEVEL, THESE BUSINESS AND NONPROFIT PARTICIPANTS WILL PAY MEMBERSHIP FEES, WHICH WILL OFFSET

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $12,750
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $12,752

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,750
Other Expenses $2,750
TOTAL EXPENSES $2,750

Year-over-Year Comparison

2025 2024 Change
Revenue $12,752 $53,461 -0.8%
Expenses $2,750 $53,456 -0.9%
Net Income $10,002 $5 +1999.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BANKS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN HARDIN DIRECTOR 1.00
Director
$0 $0 $0
RICK LYONS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL MCNICH DIRECTOR 1.00
Director
$0 $0 $0
AARON PENNELL DIRECTOR 1.00
Director
$0 $0 $0
PAUL SORENSEN CEO AND PRES 1.00
Officer Director
$0 $0 $0
JASON STUCK TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $12,752 $2,750 $82,903 $10,002
2024 No data No data No data No data
2023 $56,602 $57,638 $72,896 $-1,036
2022 $82,668 $83,677 $73,932 $-1,009
2021 $40,935 $41,839 $74,941 $-904
2020 $42,471 $30,744 $75,845 $11,727
2019 $966,320 $859,221 $1,592,547 $107,099
2018 $946,777 $827,330 $1,407,337 $119,447
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE MISSION COLLECTIVE INC with other nonprofits in South Carolina and across the country.