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Collab Incorporated

EIN 86-1737815 · New Haven, CT

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

LegitimacyPassesRegistration and standingFinancial healthWeak13 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH TO BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES, AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS TO ENTREPRENEURSHIP.

Income
$153,782
Spending
$276,625
Reserves
0.6 months of spending
Largest source of income
donations and private grants, 52%
Highest pay
$16,680, executive di

Source: Form 990EZ for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 13 out of 100. Higher than 3% of charities in its peer group (community improvement, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.6 months of spending.

  • Debt

    5 of 20

    It owes 58% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 80% of income.

Source: Form 990EZ for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending June 30, 2024, 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 (1)
  1. $184,083 spent. COLLAB IS AN ORGANIZATION THAT AIMS TO PROVIDE ENTREPRENEURS WITH IMPACTFUL, RIGOROUS BUSINESS SUPPORT USING A COMPASSIONATE, FUNDAMENTALLY HEART-CENTERED APPROACH SO THAT THEY CAN BUILD GOOD BUSINESSES, CREATE ECONOMIC POWER, AND SHAPE THEIR COMMUNITIES FOR THEMSELVES AND THEIR FAMILIES. WE PRIORITIZE SERVING PEOPLE OF COLOR AND WOMEN - PARTICULARLY BLACK AND LATINX ENTREPRENEURS - WHO FACE PERSISTENT AND SIGNIFICANT BARRIERS BECAUSE OF STRUCTURAL RACISM AND SEXISM. ENTREPRENEURSHIP IS A WAY TO CREATE ECONOMIC STABILITY FOR FAMILIES, AND ALSO FOR INDIVIDUALS TO HAVE AGENCY AND OWNERSHIP IN THEIR LIVES AND THEIR COMMUNITIES. OUR CORE BELIEF IS THAT ENTREPRENEURSHIP (WHICH WE DEFINE AS THE ACT OF TAKING A RISK ON BEHALF OF OUR COMMUNITY) SHOULD BE ACCESSIBLE TO EVERY SINGLE PERSON, NO MATTER WHERE THEY COME FROM. WE SEE OUR WORK AS BEING A PART OF A WIDER ECOSYSTEM OF ENTREPRENEURSHIP SUPPORT RESOURCES, FUNDING, AND PROGRAMS IN OUR COMMUNITY. OUR WORK WITHIN THAT ECOSYSTEM HAS 3 COMPONENTS: "TRUST & ACCESS: WE HAVE DEEP AND BROAD OUTREACH INFRASTRUCTURE TO REACH THE MOST ENTREPRENEURS. OUR PROGRAMS PROVIDE WRAPAROUND SERVICES LIKE CHILDCARE, TRANSPORTATION, AND INTERPRETATION TO MAKE SURE INDIVIDUALS CAN BE SUPPORTED AND SUCCESSFUL. "HIGH-TOUCH PROGRAMS: OUR PROGRAMS COMBINE HIGH-QUALITY BUSINESS EDUCATION WITH A HEART-BASED LEADERSHIP DEVELOPMENT CURRICULUM. "ECOSYSTEM PATHWAYS: WE TAKE AN ECOSYSTEM-LEVEL APPROACH TO ENSURE ENTREPRENEURS HAVE A SYSTEM OF ENDURING SUPPORT - INCLUDING A BROAD NETWORK OF MENTORS, PRO BONO PARTNERS, FUNDERS, AND OTHER PROGRAMS. "COMMUNITY & POWER: OUR ENTREPRENEURS ARE MORE POWERFUL WHEN THEY MOVE AND WORK TOGETHER. WE BRING OUR 100+ GRADUATES TOGETHER TO ACT AS A COALITION TO ADVOCATE FOR THEMSELVES AND OUR COMMUNITY'S COLLECTIVE GOOD.

Source: Form 990EZ for the year ending June 30, 2024, 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 November 6, 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 June 2024.

    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 November 2021.

    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 November 4, 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.