COLLAB INCORPORATED

EIN: 861737815 501(c)(3) Community Improvement

NEW HAVEN, CT

Total Revenue
$258,844
Total Expenses
$186,780
Total Assets
$79,571
Net Assets
$68,355
🔒

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
2020
Principal Officer
DAWN LEAKS
Phone
8778295500
Tax Period
2021-11-01 to 2022-06-30

COLLAB INCORPORATED, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $259K in total revenue in fiscal year 2021. The organization ran a surplus of $72K, a strong 28% operating margin.

Mission

TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH TO BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES, AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS TO ENTREPRENEURSHIP.

Program Service Accomplishments

Program 1
Expenses: $140,671

OCOLLAB IS AN ORGANIZATION THAT AIMS TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH SO THAT THEY CAN BUILD GOOD...

Read more

OCOLLAB IS AN ORGANIZATION THAT AIMS TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH SO THAT THEY CAN BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN - PARTICULARLY BLACK AND LATINX ENTREPRENEURS - WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS BECAUSE OF STRUCTURAL RACISM AND SEXISM. ENTREPRENEURSHIP IS A WAY TO CREATE ECONOMIC STABILITY FOR FAMILIES, AND ALSO FOR INDIVIDUALS TO HAVE AGENCY AND OWNERSHIP IN THEIR LIVES AND THEIR COMMUNITIES. OUR CORE BELIEF IS THAT ENTREPRENEURSHIP (WHICH WE DEFINE AS THE ACT OF TAKING A RISK ON BEHALF OF OUR COMMUNITY) SHOULD BE ACCESSIBLE TO EVERY SINGLE PERSON, NO MATTER WHERE THEY COME FROM. WE SEE OUR WORK AS BEING A PART OF A WIDER ECOSYSTEM OF ENTREPRENEURSHIP SUPPORT RESOURCES, FUNDING, AND PROGRAMS IN OUR COMMUNITY. OUR WORK WITHIN THAT ECOSYSTEM HAS 3 COMPONENTS: "TRUST & ACCESS: WE HAVE DEEP AND BROAD OUTREACH INFRASTRUCTURE TO REACH THE MOST ENTREPRENEURS. OUR PROGRAMS PROVIDE WRAPAROUND SERVICES LIKE CHILDCARE, TRANSPORTATION, AND INTERPRETATION TO MAKE SURE INDIVIDUALS CAN BE SUPPORTED AND SUCCESSFUL. "HIGH-TOUCH PROGRAMS: OUR PROGRAMS COMBINE HIGH-QUALITY BUSINESS EDUCATION WITH A HEART-BASED LEADERSHIP DEVELOPMENT CURRICULUM. "ECOSYSTEM PATHWAYS: WE TAKE AN ECOSYSTEM-LEVEL APPROACH TO ENSURE ENTREPRENEURS HAVE A SYSTEM OF ENDURING SUPPORT - INCLUDING A BROAD NETWORK OF MENTORS, PRO BONO PARTNERS, FUNDERS, AND OTHER PROGRAMS. "COMMUNITY & POWER: OUR ENTREPRENEURS ARE MORE POWERFUL WHEN THEY MOVE AND WORK TOGETHER. WE BRING OUR 100+ GRADUATES TOGETHER TO ACT AS A COALITION TO ADVOCATE FOR THEMSELVES AND OUR COMMUNITY'S COLLECTIVE GOOD.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $258,844
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $258,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,195
Fundraising Expenses $0
Program Expenses $140,671
Other Expenses $10,585
TOTAL EXPENSES $186,780

Year-over-Year Comparison

2021 2020 Change
Revenue $258,844 N/A N/A
Expenses $186,780 N/A N/A
Net Income $72,064 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
35

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN LEAKS EXECUTIVE DI 40.00
Officer Director
$0 $0 $0
LEELA BHASHYAM CHAIR 1.00
Officer Director
$0 $0 $0
GINNY KOZLOWSKI TREASURER 2.00
Officer Director
$0 $0 $0
KARLA LINDQUIST SECRETARY 1.00
Officer Director
$0 $0 $0
SADE JEAN-JACQUES DIRECTOR 1.00
Director
$0 $0 $0
ANIKA SINGH LEMAR DIRECTOR 1.00
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
2022 $258,844 $186,780 $79,571 $72,064
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COLLAB INCORPORATED with other nonprofits in Connecticut and across the country.