Strada Collaborative INC EIN 86-1250084

Strada Collaborative INC

EIN  86-1250084 Unknown exempt organization Indianapolis, IN Founded 2021
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/7/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Strada Collaborative INC claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Provides resources and support for equitable education and career pathways.
Leadership
Ruth White · President - Itk · $432K
Money in and out
$74.4M revenue, $127.8M expenses
Bottom line
-72% surplus margin

Provides resources and support for equitable education and career pathways. For fiscal year 2023 it reported $74.4M in revenue, $127.8M in expenses.Pt I

Reported financial activity · FY2023
Total revenue
$74.4M
Pt VIII · Ln 12
Total expenses
$127.8M
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$53.4M
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.16 Fundraising $0.03
Surplus margin
-72%
revenue over expenses, this year▼ -2198% vs prior filing year
Program spending
80%
of expenses reach programs▲ +31% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$74.4M
FY2023▼ -3%
Expenses
$127.8M
FY2023▲ +61%
Total assets
$0
FY2023▼ -100%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$74.4M
Pt VIII · Ln 12
Total expenses
$127.8M
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$53.4M
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $102.8M of program spending, described in the organization's own filed words · FY2023.
01

Coaching & Guidance

To inspire and empower students to find their life path through educational curricla and hands-on experiences associated with said CURRICULA.IMPLEMENTS coaching (I.E., training an individual for the purpose of improving or developing capabiliites) programs that improve educational and career outcomes for learners including adult…

$87.9Mprogram expense
02

Work Based Learning

Provides college students, many of which will be first generation college students, employment through entry level service positions that teach "foundational" job skills like time management, communication, collaboration, problem solving, and critical thinking which, along with a degree, will help them secure full-time employment.

$14.1Mprogram expense
03

Student Affordability

Provides a prior learning assessment tool which enables institutions, employers, and state systems of higher learning to provide individuals credits toward a degree or certificate of COMPLETION.PROVIDES financial tuition assistance to college students involved in strada education foundation, inc.

$830Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStrada Collaborative INC
EINHdr · item D86-1250084
Principal addressHdr · item CIndianapolis, IN
Year of formationHdr · item L2021
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President - Itk
$432,333Pt VII · Sec A
President - Cael
$419,101Pt VII · Sec A
President - Rtn
$414,615Pt VII · Sec A
President - Eaw
$378,730Pt VII · Sec A
Chief Development Officer
$316,856Pt VII · Sec A
Avp, Partner Success
$283,604Pt VII · Sec A
$248,418Pt VII · Sec A
VP of Solutions
$229,726Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021
Ruth White$432,333$518,893$59,405
Jaime Nunez$378,730$460,753$62,255
Michael Marriner$414,615$423,398$64,790
Earl Buford$419,101$380,733$63,335
Brian McAllister$248,418$365,878$52,648
Ariella Tenuta$335,441$46,891
Kai Drekmeier$316,856$326,433$53,292
Stephen Ast$283,604$281,124$51,449

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 Strada Collaborative INC executive salaries →

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

Statement of Revenue

Part VIII
Program service revenue$47.5M · 64%
Contributions & grants$26.8M · 36%
Program service revenue64%$47.5M
Contributions & grants36%$26.8M
Other revenue$139K
— government grantsLn 1e$3.4M
Total revenueLn 12$74.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.16 Fundraising $0.03
Program services80%$102.8M
Management & general16%$20.9M
Fundraising3%$4.1M
Total functional expensesLn 25$127.8M

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $127.8M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $102.8M · Total expenses $127.8M
80%
Management & General
Management & general $20.9M · Total expenses $127.8M
16%
Fundraising
Fundraising $4.1M · Total expenses $127.8M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $3.5M · Solicited contributions (3-yr avg) $21.4M
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $26.8M · Total revenue $74.4M
36%
Government reliance
Government grants $3.4M · Total revenue $74.4M
5%
Earned-income share
Program service revenue $47.5M · Total revenue $74.4M
64%
Investment reliance
Investment income $0 · Total revenue $74.4M
0%
Program self-sufficiency
Program service revenue $47.5M · Total expenses $127.8M
37%
Growth & trend
Revenue growth (YoY)
This year $74.4M · Prior year $76.9M
-3%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $74.4M · Expenses $127.8M
-72%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ruth White · Reported title PRESIDENT - ITK · Highest reported compensation $432K · Total expenses $127.8M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $56.8M · Total expenses $127.8M
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 16%
Fundraising cost ratio 15%
Revenue growth -3%
Accounting fee ratio 0%

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 · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 8 grants · $49.2M · 2023–2023
Strada Education Foundation INCIN · FY2023$49,126,886
California State University Channel IslandsFY2023$20,000
California State University SacramentoFY2023$10,000
California State University San BernardinoFY2023$10,000

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$74.4M revenue · viewing · ⤓ 990 PDF
FY2022$76.9M revenue · ⤓ 990 PDF
FY2021$36.1M revenue · ⤓ 990 PDF

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

Sources

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