THE COLLIDER

EIN: 271764086 501(c)(3)

ASHEVILLE, NC

Total Revenue
$59,181
Total Expenses
$235,130
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
MACK B PEARSALL
Phone
8282535552
Tax Period
2022-01-01 to 2022-12-31

THE COLLIDER, founded in 2010, is a micro nonprofit that reported $59K in total revenue in fiscal year 2022. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $235K exceeded revenue, resulting in a 297% operating deficit.

Mission

TO OPERATE EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, LITERARY, AND SCIENTIFIC PURPOSES, FOR THE PURPOSES OF ENCOURAGING THE GROWTH OF PUBLIC, PRIVATE, ACADEMIC, AND NONPROFIT PROVIDERS OF CLIMATE SERVICES.

Program Service Accomplishments

Program 1
Expenses: $224,210 Revenue: $38,336

DURING THE FIRST HALF OF 2022, THE COLLIDER SUPPORTED ITS MEMBERS AS THE WORKFORCE CONTINUED TO EVOLVE TO MEET THE NATION'S CLIMATE SERVICE'S NEEDS. DUE TO THE CHANGING WORK HABITS OF MEMBERS OVER...

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DURING THE FIRST HALF OF 2022, THE COLLIDER SUPPORTED ITS MEMBERS AS THE WORKFORCE CONTINUED TO EVOLVE TO MEET THE NATION'S CLIMATE SERVICE'S NEEDS. DUE TO THE CHANGING WORK HABITS OF MEMBERS OVER THE PAST TWO YEARS DUE TO COVID-19, FEWER MEMBERS DESIRED TO HAVE PHYSICAL WORKSPACES AND MEET IN PERSON. IN ADDITION, MANY MEMBERS FOUND THAT THEIR NETWORKING NEEDS WERE MORE ON A NATIONAL LEVEL (DRIVEN BY NATIONAL, RATHER THAN LOCAL CUSTOMERS). THEREFORE, THE COLLIDER AGREED TO WORK WITH ITS MEMBERS TO MEET THEIR IDENTIFIED UNMET NEEDS THAT WERE CONSISTENT WITH THE COLLIDER'S MISSION AND RESOURCES.AS THE NEEDS OF MEMBERS CONTRACTED, THE BOARD REEVALUATED ITS FINANCIAL ABILITY TO CONTINUE IN EXISTENCE AND MORPHED INTO A WIND-DOWN MODE WITH THE ULTIMATE OBJECTIVE BEING DISSOLUTION. IN THE WIND-DOWN PROCESS, THE BOARD NEGOTIATED A SETTLEMENT OF ITS UNPAID RENT LIABILITY BY CONVEYING ITS FURNITURE, FURNITURE, AND TECH SYSTEMS TO THE LANDLORD. THE COLLIDER RECEIVED CONTRIBUTIONS TO COVER THE WIND-DOWN COSTS. FOLLOWING THE CLOSING OF THE ASSET TRANSFER TO THE LANDLORD, THE BOARD RESIGNED AND THE COLLIDER WAS DISSOLVED IN LATE DECEMBER OF 2022.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $20,845
Program Service Revenue $38,336
Investment Income $0
Other Revenue $0
TOTAL REVENUE $59,181

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,186
Fundraising Expenses $0
Program Expenses $224,210
Other Expenses $229,944
TOTAL EXPENSES $235,130

Year-over-Year Comparison

2022 2021 Change
Revenue $59,181 $126,236 -0.5%
Expenses $235,130 $208,069 +0.1%
Net Income $-175,949 $-81,833 +1.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
N/A

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
4
$2,466
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAIRE CALLEN CHAIR 1.00
Officer Director
$0 $0 $0
MACK B PEARSALL VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROBIN LOEW SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JIM FOX BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN DELGRECO BOARD MEMBER 1.00
Director
$0 $0 $0
JACK CROUCH BOARD MEMBER 1.00
Director
$0 $0 $0
MARY OLSON EXECUTIVE DIRECTOR 30.00
Officer
$2,466 $0 $2,466
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
2022 $59,181 $235,130 No data $-175,949
2021 $126,236 $208,069 $176,794 $-81,833
2020 $235,518 $427,899 $548,504 $-192,381
2019 $702,623 $751,126 $748,452 $-48,503
2018 $969,900 $901,607 $808,545 $68,293
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