Collaborative Lending Initiative Inc

Nonprofit profile at a glance

EIN
232765410
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2013, Form 990-EZ 2024
Location
Philadelphia, PA, USA
Phone
2155745800
Rating confidence
Limited

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • DONALD HINKLE-BROWN (PRESIDENT)
  • CHRISTINA SZCZEPANSKI (PRESIDENT, LENDING)

People named in this filing

  • DONALD HINKLE-BROWN (PRESIDENT)
  • TIFFANY CANADY (TREASURER)
  • CHRISTINA SZCZEPANSKI (PRESIDENT, LENDING)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To increase capital available to organizations that produce and/or operate construction projects for the economically disadvantaged and to those with disabilities.

What it reported doing in 2024

The organization exists to increase the capital available to organizations that produce and/or operate construction projects for the economically disadvantaged and to those with disabilities. The organization seeks to increase participation of conventional financial institutions in the financing of such construction projects through the sale of loans, direct and indirect loan participations and technical assistance by various means: favorable interest rates, liberal underwriting standards, technical assistance in the application process, and reduced documentation and closing costs.the organization will be a direct lender to construction projects. The loans made by the organization will be funded by (1) banking syndication (2) the use of its own funds(3) indirect loan participation including credit enhancement.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 41
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 50%; rating input score 50; 0th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -31.9% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -35.9% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 4 filed related-organization links
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.