Transparent Collective Inc
- Assets
- $12.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 81-3600717
Organization Overview
Transparent Collective Inc is located in Oakland, CA. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transparent Collective Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Transparent Collective Inc generated $21.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.7%) each year. All expenses for the organization totaled $14.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (53.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TRANSPARENT COLLECTIVE IS A GROUP OF DIVERSE OPERATORS INCREASING THE NUMBER OF BLACK, LATINX, AND WOMXN ENTREPRENEURS SUCCEEDING IN VENTURE BACKED TECH. BASED ON OUR EXPERIENCES, WE PROVIDE A HYPER-PERSONALIZED PLAYBOOK THAT ENABLES FOUNDERS TO ACCESS CAPITAL, CONNECTIONS, AND COMMUNITY. CURRENTLY, LESS THAN 1 OF VENTURE CAPITAL IS INVESTED IN BLACK AND LATINX FOUNDERS. WITHIN THE TRANSPARENT COLLECTIVE COMMUNITY, OVER 80 OF OUR FOUNDERS WERE ABLE TO SUCCESSFULLY RAISE FUNDING. WE'VE WORKED WITH OVER 60 COMPANIES TO HELP THEM RAISE ALMOST $70M COLLECTIVELY FROM TOP-TIER INVESTORS. WE OFFER INTENSIVE PROGRAMMING FOCUSED ON HELPING EARLY STAGE COMPANIES SEED AND SERIES A WITH 1-ON-1 ADVISOR SESSIONS, PANELS WITH INDUSTRY LEADERS, AND OPPORTUNITIES TO NETWORK WITH ACTIVE INVESTORS. LEARN MORE AT TRANSPARENTCOLLECTIVE.COM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James H Norman President & CEO | 1 | $0 | |
Rohini H Pandhi CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,585 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,585 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,468 |
| Total expenses | $14,468 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,572 |
| Other assets | $0 |
| Total assets | $12,572 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,572 |