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Passes our checks

Collider Foundation

EIN 83-1815046 · Rochester, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceGood75 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

COLLIDER FOUNDATION ACTIVATES, CONNECTS, AND EMPOWERS ENTREPRENEURS IN ROCHESTER, MINNESOTA. WE BELIEVE IN A COMMUNITY WITH ZERO BARRIERS TO ENTREPRENEURSHIP FOR ANYONE WITH A STRONG BUSINESS IDEA AND THE PASSION TO SEE IT GROW.

Income
$415,516
Spending
$377,811
Spent on programs
80%
Reserves
10.2 months of spending
Largest source of income
fees for its services, 93%
Employees
4
Volunteers
15

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 78% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 10.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 9% of income.

  • Income trend

    15 of 15

    Income rose 7% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 75 out of 100. Higher than 47% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $160,451 spent. COLLIDERS EDUCATION CENTERS AROUND THE DELIVERY OF TWO COHORT-BASED PROGRAMS, CO.STARTERS AND A COMMUNITY INCUBATOR. CO.STARTERS HELPS EARLY AGE ENTREPRENEURS CREATE INSIGHTS, RELATIONSHIPS, AND TOOLS TO TURN THEIR IDEAS INTO ACTION. THE COMMUNITY INCUBATOR HELPS PARTICIPANTS REFINE THEIR BUSINESS MODEL INTO A VIABLE PRODUCT OR SERVICE, ENHANCING THEIR BUSINESS POTENTIAL THROUGH DEDICATED WORKSHOPS, MENTORSHIP, NETWORKING, AND OTHER SUPPORT TO ADVANCE THEIR BUSINESS. THIRTY-FIVE LOCAL ENTREPRENEURS GRADUATED FROM THEIR PROGRAMMING IN 2025.
  2. $75,132 spent. COLLIDERS COWORKING SERVICE OFFERS A COMMUNITY-BASED WORKSPACE FOR ENTREPRENEURS, FREELANCERS, REMOTE WORKERS, AND SERVICE PROVIDERS TO PROMOTE IDEAS, GROWTH, AND INNOVATION. IN 2025, COLLIDER CONTINUED OFFERING AFFORDABLE MEMBERSHIP OPTIONS TO LOWER BARRIERS FOR NEW ENTREPRENEURS AND LAUNCHED A DEDICATED COWORKING MARKETING CAMPAIGN--SUPPORTED IN PART BY THE ROCHESTER DOWNTOWN ALLIANCE MARKETING MATCHING GRANT--TO GROW MEMBERSHIP AND DEEPEN COMMUNITY ENGAGEMENT IN THE DOWNTOWN WORKSPACE.
  3. $65,201 spent. COLLIDERS STARTUP SUPPORT SERVICE PROVIDES FREE, CONFIDENTIAL, PERSONALIZED SUPPORT TO HELP ENTREPRENEURS FIGURE OUT STEPS TO START THEIR BUSINESS, FIND RESOURCES AND CO-CREATE PLANS FOR BUSINESS GROWTH, AND CREATE INDIVIDUALIZED MILESTONES. IN 2025, THIS WORK SUPPORTED 110 COMMUNITY ENTREPRENEURS THROUGH APPROXIMATELY 230 HOURS OF 1:1 GUIDANCE, 64% OF WHICH WERE WOMEN-OWNED BUSINESSES AND 22% LATINO ENTREPRENEURS.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.