Poc Collaborative Community Resource Center FY2023 filing

Tax-deductible

Omaha, NE501(c)(3)Human ServicesEIN 84-4615355Revenue $435K in FY2023

On file with the IRSPo Box 11515, 68111-0515 · Omaha, NETax-exempt since May 2020Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To serve as a Collaborative hub that elevated bipoc voices and sustains entrpreneurial innovation, activates Community assets, and amplifies the legacy of our Community; in a way that increases the economic strength and mobility of multi-marginalized residents and business leaders.

501(c)(3) charity; gifts are tax-deductible.
8¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $363K a year · 31% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
8%
of spending
Concern: 8% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $356K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$143K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$435K
+123% vs prior year
Spent
$994K
To programs
8%
Net assets
$396K
By yearFY2022–FY2024
Revenue
$435K
FY2023▲ +123%
Tap a bar for its year
Revenue by fiscal year
FY2022$195K
FY2023$435K
FY2024$2.9M
Expenses
$994K
FY2023▲ +186%
Tap a bar for its year
Expenses by fiscal year
FY2022$348K
FY2023$994K
FY2024$1.1M
Net assets
$396K
FY2023▼ -59%
Tap a bar for its year
Net assets by fiscal year
FY2022$955K
FY2023$396K
FY2024$2.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

8 cents of each dollar spent went to programs.

Program services 8% · $82K Management & general 91% · $908K Fundraising 0% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990; $65K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$65,000Pt VII · Sec A
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

Katrina Adams’s $109K as Executive Director is at the 43rd percentile of top reported officer pay among 3869 $1–10M 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

NameFY2024FY2023FY2022
Katrina Adams$108,505$65,000$27,083

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.

See Poc Collaborative Community Resource Center executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Elevates BIPOC voices, sustains innovation, and activates community assets to increase economic strength.

Questions for Poc Collaborative Community Resource Center

Tap to ask. Poc Collaborative Community Resource Center sees how many people are interested.

Your first name shows with your question. Poc Collaborative Community Resource Center answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $82K · in their own filed words · FY2023
01

Catalyst Program

The catalyst programs are an integral leadership development program in the omaha community for women of the global majority to step outside of their career roles and fully embrace what it means to prioritize self.

$60Kprogram expense
02

Ignite Community Business Academy

Our 12-WEEK program takes the learnings learnings from traditional foundation-level entrepreneurship programs to the next level. The icba prepares new and seasoned business owners for economic mobility with wraparound services focused on implementation strategies and understanding their unique business financials (startup costs…

$22Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$356K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$435K
Ln 12
Gifts and grantsLn 1h$435K
Investment incomeLn 3$14
Money outPt IX
$994K
Ln 25
Programscol B$82K
Managementcol C$908K
Fundraisingcol D$4K
Owns and owesPt X
$396K
net assets · Ln 32
Cash and savingsLn 1–2$539K
Total assetsLn 16$539K
LiabilitiesLn 26$143K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$435K
Investment incomeLn 3$14
Total revenueLn 12$435K
Assets in detailPt X, end of year
CashLn 1$539K
Cash and savings togetherLn 1–2$539K
Total assetsLn 16$539K
LiabilitiesLn 26$143K
Net assetsLn 32$396K
OperationsPt I, VI
EmployeesI 51
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.0M$539K
Total assetsLn 16$1.0M$539K
LiabilitiesLn 26$56K$143K
Net assetsLn 32$955K$396K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$0$92K$0
Other employee benefitsLn 9$8K$0$8K$0
Payroll taxesLn 10$7K$0$7K$0
Advertising and promotionLn 12$14K$10K$530$3K
Office expensesLn 13$37K$15K$21K$298
TravelLn 17$217$0$217$0
InsuranceLn 23$16K$0$16K$0
Other expenses (24a–d)Ln 24$36K$32K$5K$0
All other expensesLn 24e$783K$25K$758K$0
Total functional expensesLn 25$994K$82K$908K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.9M$1.1M$1.8M$2.4M 990 PDF
FY2023 Viewing $435K$994K−$559K$396K 990 PDF
FY2022 $195K$348K−$153K$955K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $434,975 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $194,789$434,961
I-9 Program service revenue$0
I-10 Investment income$14
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $194,789$434,975
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $29,799$107,913
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $318,122$885,799
I-18 Total expensesPrior year $347,921$993,712
I-19 Revenue less expensesPrior year −$153,132−$558,737
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $434,975 across 4 lines filed
VIII-1f All other contributions, gifts and grants$434,961
VIII-1h Total contributions, gifts and grants$434,961
VIII-3 Investment incomeUnrelated business $14 · Excluded from tax $0$14
VIII-12 Total revenueRelated to mission $0 · Unrelated business $14 · Excluded from tax $0$434,975
Part IX · Statement of functional expenses $993,712 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $92,084 · Fundraising $0$92,084
IX-9 Other employee benefitsPrograms $0 · Management $8,350 · Fundraising $0$8,350
IX-10 Payroll taxesPrograms $0 · Management $7,479 · Fundraising $0$7,479
IX-12 Advertising and promotionPrograms $10,346 · Management $530 · Fundraising $3,216$14,092
IX-13 Office expensesPrograms $14,752 · Management $21,476 · Fundraising $298$36,526
IX-17 TravelPrograms $0 · Management $217 · Fundraising $0$217
IX-23 InsurancePrograms $0 · Management $15,789 · Fundraising $0$15,789
IX-24 Other expenses (24a–d)Programs $31,699 · Management $4,577 · Fundraising $0$36,276
IX-24e All other expensesPrograms $25,339 · Management $757,560 · Fundraising $0$782,899
IX-25 Total functional expensesPrograms $82,136 · Management $908,062 · Fundraising $3,514$993,712
Part X · Balance sheet $539,082 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $1,010,857$539,082
X-16 Total assetsStart of year $1,010,857$539,082
X-17 Accounts payable and accrued expensesStart of year $2,955$13,711
X-19 Deferred revenueStart of year $50,000$125,000
X-25 Other liabilitiesStart of year $2,830$4,036
X-26 Total liabilitiesStart of year $55,785$142,747
X-32 Total net assets or fund balancesStart of year $955,072$396,335
X-33 Total liabilities and net assetsStart of year $1,010,857$539,082
Part XI · Reconciliation of net assets $396,335 net assets at year end
XI-1 Total revenue$434,975
XI-2 Total expenses$993,712
XI-3 Revenue less expenses−$558,737
XI-4 Net assets at start of year$955,072
XI-10 Net assets at end of year$396,335

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.