COLAB (EIN 263934828) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Phone

4232810811

Tax Period

2024-01-01 to 2024-12-31

COLAB, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.4M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO SUPPORT ENTREPRENEURS BY SCALING COMPANIES WITH OUR CORE TOOLS + RESOURCES TO CREATE VALUE, JOBS, AND BUILD COMMUNITY.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,079,812

Program Service Revenue $133,387

Investment Income $-9,270

Other Revenue $0

TOTAL REVENUE $1,203,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $722,612

Fundraising Expenses $174,426

Program Expenses $816,912

Other Expenses $664,347

TOTAL EXPENSES $1,386,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,203,929	$1,235,028	0.0%
Expenses	$1,386,959	$1,304,580	+0.1%
Net Income	$-183,030	$-69,552	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$225,038

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRK BURTON	SECRETARY	1.0	Officer Director	$0	$0	$0
TIFFANIE ROBINSON	CHAIRPERSON	1.0	Officer Director	$0	$0	$0
AARON CRAMER	DIRECTOR	1.0	Director	$0	$0	$0
CAROL EIMERS	DIRECTOR	1.0	Director	$0	$0	$0
CHARITA ALLEN	DIRECTOR	1.0	Director	$0	$0	$0
ERIC FULLER	DIRECTOR	1.0	Director	$0	$0	$0
JIM INGRAHAM	DIRECTOR	1.0	Director	$0	$0	$0
LAURA ANN HOWELL	DIRECTOR	1.0	Director	$0	$0	$0
MALCOLM HARRIS	DIRECTOR	1.0	Director	$0	$0	$0
Matt Patterson	DIRECTOR	1.0	Director	$0	$0	$0
REBECCA SHARPE	DIRECTOR	1.0	Director	$0	$0	$0
Richard Hitchcock	DIRECTOR	1.0	Director	$0	$0	$0
SANTOSH SANKAR	DIRECTOR	1.0	Director	$0	$0	$0
SYBIL TOPEL	DIRECTOR	1.0	Director	$0	$0	$0
TOM LYONS	DIRECTOR	1.0	Director	$0	$0	$0
TASIA MALAKASIS	CHIEF EXECUTIVE OFFICER	40.0	Officer	$211,700	$13,338	$225,038

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
2024	$1,203,929	$1,386,959	$528,414	$-183,030
2023	$1,235,028	$1,304,580	$662,478	$-69,552
2022	$775,157	$801,146	$581,384	$-25,989
2021	$650,371	$881,110	$605,928	$-230,739
2020	$969,956	$833,549	$828,676	$136,407
2019	$973,825	$908,453	$711,354	$65,372
2018	$1,055,387	$885,113	$656,861	$170,274

COLAB