THE OCTET COLLABORATIVE INC (EIN 844881059) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

MIA CHUNG-YEE

Phone

6172853469

Tax Period

2024-07-01 to 2025-06-30

THE OCTET COLLABORATIVE INC, founded in 2019, is a small nonprofit in the Religion sector that reported $350K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 24% operating margin.

Mission

WE ARE A COMMUNITY OF FACULTY, STAFF, AND STUDENTS AT MIT DEDICATED TO HUMAN FLOURISHING, FORMED BY THE HISTORIC CHRISTIAN FAITH.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $344,140

Program Service Revenue $0

Investment Income $3,837

Other Revenue $1,546

TOTAL REVENUE $349,523

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,674

Fundraising Expenses $19,633

Program Expenses $198,106

Other Expenses $162,530

TOTAL EXPENSES $264,204

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,523	$288,674	+0.2%
Expenses	$264,204	$186,506	+0.4%
Net Income	$85,319	$102,168	-0.2%

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

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

$63,000

Total Directors

$63,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN BARCZI	SENIOR THEOLOGIAN	20	Officer Director	$63,000	$0	$63,000
MIA CHUNG-YEE	EXECUTIVE DIRECTOR	20	Officer Director	$0	$0	$0
RUTH CHANG	CHAIR	2	Officer Director	$0	$0	$0
DANNY YAMASHIRO	VICE CHAIR	1	Officer Director	$0	$0	$0
PAUL BURKE	BOARD MEMBER	1	Director	$0	$0	$0
EHI NOSAKHARE	BOARD MEMBER	1	Director	$0	$0	$0
DAVID WILLIAMSON	BOARD MEMBER	1	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	$349,523	$264,204	$426,897	$85,319
2024	$288,674	$186,506	$339,191	$102,168
2023	$217,658	$146,991	$138,946	$70,667

THE OCTET COLLABORATIVE INC