221b Collaborations is located in Twinsburg, OH. The organization was established in 2016. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 221b Collaborations 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 12/2022, 221b Collaborations generated $121.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $129.4k during the year ending 12/2022. While expenses have increased by 16.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENGAGE COMMUNITY AND BUSINESS LEADERS BY STRENGTHENING PARTNERSHIPS AND DISCOVERING SOLUTIONS FOR ECONOMIC DEVELOPMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cristi Suhadolnik Manager | 40 | $94,000 | |
Jessica Purgert 0 | 40 | $25,711 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $117,150 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,000 |
| Total Revenue | $121,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $119,711 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,644 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $129,355 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $129,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $815 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $815 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $15,138 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,138 |
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Nonprofit Excellence Louisville, KY | $1,297,288 | $1,438,398 |
Flywheel Social Enterprise Hub Cincinnati, OH | $344,677 | $360,510 |
College And University Sustainability Project Inc Evansville, IN | $0 | $212,597 |
221b Collaborations Twinsburg, OH | $815 | $121,150 |
Tenderle Foundation Oxford, OH | $9,275 | $3,412 |