CULTIVATE COLLECTIVE INC

EIN: 874705299 501(c)(3) Education

Chicago, IL

Total Revenue
$236,910
Total Expenses
$214,316
Total Assets
$358,285
Net Assets
$188,736
🔒

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
2022
Legal Domicile
DE
Principal Officer
Sarah Elizabeth Ippel
Phone
7735821100
Tax Period
2024-07-01 to 2025-06-30

CULTIVATE COLLECTIVE INC, founded in 2022, is a small nonprofit in the Education sector that reported $237K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $214K left a modest 10% surplus.

Mission

Cultivate Collective partners with residents, community leaders, and institutional collaborators to develop place-based solutions that address the root causes of intergenerational poverty, environmental degradation, and disparities in health and opportunity. Through initiatives such as green workforce development, healthy food access programs, integrated youth and family services, and environmental resilience planning, the organization supports thriving, self-determined communities. Anchored in the southwest side of Chicago, Cultivate Collective ensures that community vision and voice shape every initiative, advancing equity and sustainability through shared leadership and long-term investment.

Program Service Accomplishments

Program 1
Expenses: $186,885 Revenue: $236,910

Cultivate Collective funded capital improvements and operated community-based programming designed to connect residents to the Cultivate Collective campus in the LeClaire Courts neighborhood of...

Read more

Cultivate Collective funded capital improvements and operated community-based programming designed to connect residents to the Cultivate Collective campus in the LeClaire Courts neighborhood of Garfield Ridge. Programming supported community engagement, wellness, education, and access to shared neighborhood resources through events, partnerships, and campus activation initiatives.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $234,371
Program Service Revenue $0
Investment Income $0
Other Revenue $2,539
TOTAL REVENUE $236,910

Expense Breakdown

Grants Paid $20,331
Salaries & Benefits $159,137
Fundraising Expenses $0
Program Expenses $186,885
Other Expenses $34,848
TOTAL EXPENSES $214,316

Year-over-Year Comparison

2024 2023 Change
Revenue $236,910 $634,911 -0.6%
Expenses $214,316 $468,416 -0.5%
Net Income $22,594 $166,495 -0.9%
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
7
Independent Members
5
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
8
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Elizabeth Ippel Chairperson 10
Officer Director
$0 $0 $0
Kris De La Torre Board Secretary 30
Officer Director Key Emp
$0 $0 $0
Paul Guilianelli Board Treasurer 10
Officer Director
$0 $0 $0
Anslem Elumogo-Gardner Director 3
Director
$0 $0 $0
Nancy Villafranca Director 3
Director
$0 $0 $0
Jessie Iniguez Director 3
Director
$0 $0 $0
Ghian Foreman Director 3
Director
$0 $0 $0
Christian Perry Director 3
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 $236,910 $214,316 $358,285 $22,594
2024 $634,911 $468,416 $234,722 $166,495
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CULTIVATE COLLECTIVE INC with other nonprofits in Illinois and across the country.