134 Collaborative EIN 05-0512660 Form 990 (PDF) Claim this org

134 Collaborative FY2021 filing

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Connects social change agencies and communities under one roof. For fiscal year 2021 it reported $202K in revenue, $115K in expenses, and $331K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Providence, RI
Filings
5 on file (2020–2021)
Revenue
$202KFY2021
Expenses
$115K
Net assets
$331K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  05-0512660 Public charity (501(c)(3)) Providence, RI
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Connects social change agencies and communities under one roof.
Leadership
Karen Gager · Executive Director · $53K
Money in and out
$202K revenue, $115K expenses
Bottom line
77% program efficiency
Where the money goes · FY2021
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$115K
Pt IX · Ln 25
Net assets
$331K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $87K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.16 Fundraising $0.06
Program efficiency
77%
of spending reaches programs
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+43%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$202K
FY2021▼ -3%
Expenses
$115K
FY2021▲ +31%
Total assets
$332K
FY2021▲ +30%
Total liabilities
$310
FY2021▼ -97%
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$115K
Pt IX · Ln 25
Net assets
$331K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$87K
Total assetsPt X · Ln 16$332K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $89K of program spending, described in the organization's own filed words · FY2021.
01

To provide assistance and care for children, young people and adults who are at risk in the areas of health, education and the arts.

$89Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C134 Collaborative
EINHdr · item D05-0512660
Principal addressHdr · item CProvidence, RI
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFOct 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$52,625Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Karen Gager’s $58K as Executive Director is at the 85th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Karen Gager$58,240$57,365$56,105$52,625$48,002

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$186K · 92%
Other revenue$9K · 4%
Program service revenue$7K · 3%
Contributions & grants92%$186K
Other revenue4%$9K
Program service revenue3%$7K
Investment income$38
— government grantsLn 1e$61K
Total revenueLn 12$202K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.16 Fundraising $0.06
Program services77%$89K
Management & general16%$19K
Fundraising6%$7K
Total functional expensesLn 25$115K

Balance Sheet

Part X · end of year
CashLn 1$103K
Total assetsLn 16$332K
Total liabilitiesLn 26$310
Total net assetsLn 32$331K
Months of cash on handcomputed10.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $103K · Operating expenses/yr $115K
10.7 months
Where the money goes
Program services
Program services $89K · Total expenses $115K
77%
Management & General
Management & general $19K · Total expenses $115K
16%
Fundraising
Fundraising $7K · Total expenses $115K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $10K · Solicited contributions (2-yr avg) $156K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $186K · Total revenue $202K
92%
Government reliance
Government grants $61K · Total revenue $202K
30%
Earned-income share
Program service revenue $7K · Total revenue $202K
3%
Investment reliance
Investment income $38 · Total revenue $202K
+0.02%
Program self-sufficiency
Program service revenue $7K · Total expenses $115K
6%
Growth & trend
Revenue growth (YoY)
This year $202K · Prior year $208K
-3%
Net-asset trend (YoY)
End of year $331K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $202K · Expenses $115K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $332K
Net-asset ratio
Net assets $331K · Total assets $332K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $332K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Karen Gager · Reported title Executive Director · Highest reported compensation $53K · Total expenses $115K
46%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $115K
52%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 16%
Fundraising cost ratio 4%
Revenue growth -3%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$20K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$93K revenue · ⤓ 990 PDF
FY2023$175K revenue · ⤓ 990 PDF
FY2022$237K revenue · ⤓ 990 PDF
FY2021$202K revenue · viewing · ⤓ 990 PDF
FY2020$208K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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