Collaboration for Good
Nonprofit profile at a glance
- EIN
- 810790972
- IRS 990-EZ coverage
- 2017–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2016
- Location
- Madison, WI, USA
- Phone
- 6082413616
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nonprofit Management
Reported finances
- Revenue
- $163,998
- Expenses
- $126,680
- Assets
- $30,400
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Alnisa Allgood (Executive Director)
People named in this filing
- Alnisa Allgood (Executive Director)
- Genia Stevens (Chair, Board Member)
- Jennifer Green (Secretary, Board of Directors)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Collaboration for Good is a capacity-building organization that focuses on accelerating economic equity. We believe the road to building a just and equal society lies in normalizing and stabilizing economic equity. Decent work, economic growth, and economic wealth for the disenfranchised; reducing racial, ethnic, and other disparities typically used to disenfranchise; and help build more sustainable communities by allowing the economic and experienced participation of all. We are building sustainable, equitable communities by modeling new ways to create meaningful work, pay well, build leadership, and support all members of the community.
What it reported doing in 2020
BUSINESS ACCELERATION - Our accelerator program suffered through a tragedy and a pandemic. In December 2019, we lost our co-founder and primary trainer, Dr. Amy Gannon. Then March 2020 brought COVID, social isolation, and numerous business closures. We managed to work one-to-one or in small groups with over 80% of current and past SGA Cohort members- keeping spirits up, businesses alive, and plotting strategies to overcome the new hardships and potential new realities of life and economy post-pandemic. Lots of grief and transition work, as well as business pivoting. We didn't offer a new cohort. Provided services to over 112 aspiring and active entrepreneurs, as well as community leaders.
Operating model
- Revenue model
- Earned-program. 74% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.3%; rating input score 55
- Program expense ratio: 71.5%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.8%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 62.6% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 71% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 120% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 55.3% of revenue deployed · 71.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $91K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2017 to 2020
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.