COLLABORATIVE EFFORT INC (EIN 463319126) - 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

2013

Legal Domicile

Phone

6304858964

Tax Period

2024-01-01 to 2024-12-31

COLLABORATIVE EFFORT INC, founded in 2013, is a small nonprofit that reported $338K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $687K exceeded revenue, resulting in a 103% operating deficit.

Mission

RAIN is a life-science innovation hub growing companies talent and jobs in biotechnology.

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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 $357,835

Program Service Revenue $113,674

Investment Income $-133,352

Other Revenue $0

TOTAL REVENUE $338,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $297,369

Fundraising Expenses $10,983

Program Expenses $416,627

Other Expenses $389,239

TOTAL EXPENSES $686,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$338,157	$588,242	-0.4%
Expenses	$686,608	$667,269	+0.0%
Net Income	$-348,451	$-79,027	+3.4%

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

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

Total Directors

Key Employees

$175,700

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Watts	Board Chair	0.50	Officer	$0	$0	$0
Janet Kruzel	Board Vice-Chair	3.00	Officer	$0	$0	$0
Paul Amaroso	Co-founder	0.50	Director	$0	$0	$0
Kathy Burnaman	Board member	0.50	Director	$0	$0	$0
Marylinn Munson	Board member	1.00	Director	$0	$0	$0
Michelle Miller	Board member	0.50	Director	$0	$0	$0
Kenneth McDonald	Co-Executive Director Treasurer	40.00	Key Emp	$87,500	$0	$87,500
Jennifer Mckee-Johnson	Co-Executive Director Head Science Officer	40.00	Key Emp	$88,200	$0	$88,200

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	$338,157	$686,608	$97,693	$-348,451
2023	$588,242	$667,269	$440,720	$-79,027
2022	$1,003,748	$1,008,851	$474,011	$-5,103
2021	$791,787	$1,016,645	$462,636	$-224,858
2020	$1,428,771	$1,048,082	$818,556	$380,689

COLLABORATIVE EFFORT INC