Collaborative Solutions INC EIN 85-0485864

Collaborative Solutions INC FY2023 filing

EIN  85-0485864 Public charity (501(c)(3)) Birmingham, AL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/30/26 · see original filing: IRS
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Size
$1–10M
What they do
Empowers human service organizations and communities through training and initiatives impacting housing and health.
Leadership
Russell Bennett · Chief Executive Officer · $173K
Money in and out
$3.6M revenue, $3.1M expenses
Bottom line
63% program efficiency

Empowers human service organizations and communities through training and initiatives impacting housing and health. For fiscal year 2023 it reported $3.6M in revenue, $3.1M in expenses, and $1.2M in net assets.Pt I

Where the money goes · FY2023
Total revenue
$3.6M
Pt VIII · Ln 12
Total expenses
$3.1M
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $532K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.37
Program efficiency
63%
of spending reaches programs
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$3.6M
FY2023▲ +47%
Expenses
$3.1M
FY2023▲ +21%
Total assets
$1.6M
FY2023▲ +58%
Total liabilities
$409K
FY2023▲ +14%
Total revenue
$3.6M
Pt VIII · Ln 12
Total expenses
$3.1M
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$532K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $1.7M of program spending, described in the organization's own filed words · FY2023.
01

Center for Technical Assistance and Capacity Building

The center for ta & capacity building focuses on the strengthening organizational capacity, developing community leaders, and implementing system integration initiatives to build community readiness for change.

$878Kprogram expense
02

Center for Coalition Services

The center for coalition services provides administration, leadership, and programming to support partnerships with nonprofit organizations to further their missions to advance housing, health, and services for populations with special needs.

$443Kprogram expense
03

Center for Organizational Learning

The center for organizational learning focuses on building the movement for social change by fostering virtual and in-person opportunities for learning. Focusing on adult learning principles, the center strives to advance knowledge, expertise, and skills-development to build organization and individual readiness for social and systemic…

$421Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCollaborative Solutions INC
EINHdr · item D85-0485864
Principal addressHdr · item CBirmingham, AL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L22)
Ruling yearIRS BMFAug 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$172,821Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Russell Bennett’s $183K as Chief Executive Officer is at the 83rd percentile of top reported officer pay among 2025 $1–10M housing 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Russell Bennett$183,027$172,821$163,608$178,985$163,410
Ashley Kerr$113,413
Kate Briddell$107,162$105,560
Sharon Fenstermaker$87,294$86,474
Natelie Kilgore$56,001

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$2.4M · 66%
Program service revenue$1.2M · 34%
Contributions & grants66%$2.4M
Program service revenue34%$1.2M
Investment income$4K
— government grantsLn 1e$1.8M
Total revenueLn 12$3.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.37
Program services63%$1.9M
Management & general37%$1.1M
Total functional expensesLn 25$3.1M

Balance Sheet

Part X · end of year
CashLn 1$787K
Total assetsLn 16$1.6M
Total liabilitiesLn 26$409K
Total net assetsLn 32$1.2M
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $787K · Operating expenses (Pt IX) $3.1M · Less non-cash grants $102K · Cash operating expenses/yr $3.0M
3.2 months
Where the money goes
Program services
Program services $1.9M · Total expenses $3.1M
63%
Management & General
Management & general $1.1M · Total expenses $3.1M
37%
Fundraising
Fundraising $0 · Total expenses $3.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $1.1M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.4M · Total revenue $3.6M
66%
Government reliance
Government grants $1.8M · Total revenue $3.6M
49%
Earned-income share
Program service revenue $1.2M · Total revenue $3.6M
34%
Investment reliance
Investment income $4K · Total revenue $3.6M
0%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $3.1M
40%
Growth & trend
Revenue growth (YoY)
This year $3.6M · Prior year $2.4M
+47%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.6M · Expenses $3.1M
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.2M · Total assets $1.6M
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Russell Bennett · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $173K · Total expenses $3.1M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $3.1M
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 37%
Fundraising cost ratio 0%
Revenue growth 47%
Accounting fee ratio 1%

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 · FY2024
Total grants receivedfrom 1 funder$31K

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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)$3.0M revenue · ⤓ 990 PDF
FY2023$3.6M revenue · viewing · ⤓ 990 PDF
FY2022$2.4M revenue · ⤓ 990 PDF
FY2021$2.3M revenue · ⤓ 990 PDF
FY2020$2.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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