Colab Inc

Organization Overview

Colab Inc is located in Garden City, ID. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colab 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 12/2021, Colab Inc generated $132.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $129.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (39.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER THE SPIRIT OF ENTREPRENEURSHIP A ND PROVIDE MEMTORSHIP THROUGH PITCH COMETITIONS AND START UP FUNDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FOSTER THE SPIRIT OF ENTREPRENEURISHIP AND PROVIDE MENTORSHIP THROUGH PITCH COMPETITIONS AND START UP FUNDING.


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Board, Officers & Key Employees

Name (title)Compensation
Heather Hamilton
Director
$0
Lia Griffith
Director
$0
Parkash Pilley
Director
$0
Allen Taylor
Director
$0
Julian Waddell
Director
$0
Kevin Welch
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$132,007
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$132,007
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $132,007

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Colab Inc has recieved totaling $357,320.

Awarding OrganizationAmount
$327,320
$30,000
View Grant Recipient Profile

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