The Midas Collaborative INC
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Improves financial security for low- and moderate-income Massachusetts residents. For fiscal year 2025 it reported $686K in revenue, $510K in expenses, and $688K in net assets.Pt I
Summary of the Filing
Where the work happens
Matched Savings Program
Utilizing a systems change framework that includes increasing and sustaining matched savings programs, midas serves as the fiduciary for 600+ MSP bank accounts. These accounts are components of larger asset-building programs offered by community partner organizations.
The Financial Empowerment Learning Institute (feli)
Midas, in partnership with united way, leads a statewide workforce development initiative that equips nonprofit professionals in the personal finance sector with the skills and knowledge needed to deliver high-impact financial coaching across massachusetts.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2020 |
|---|---|---|---|---|
| Rose Francois | $130,389 | — | — | — |
| Molly Goodman | — | $36,911 | $94,021 | — |
| Kimberly Hirsh | — | — | — | $49,615 |
| Karen Burg | $42,987 | — | — | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 54% | — | — |
| Overhead ratio | 32% | — | — |
| Fundraising cost ratio | 13% | — | — |
| Revenue growth | 8% | — | — |
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.
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Filings & Schedule Manifest
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