Minority Contractor Collaboration
- Assets
- $213.6k
- Revenue
- $553.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 83-0721090
Organization Overview
Minority Contractor Collaboration is located in Indianapolis, IN. The organization was established in 2018. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minority Contractor Collaboration 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, Minority Contractor Collaboration generated $553.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $339.7k during the year ending 12/2023. While expenses have increased by 11.8% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CICF ELEVATION VIOLENCE PREVENTION PROGRAM PROVIDED APPRENTICESHIP AND VOCATIONAL TRAINING TO HIGH RISK PARTICIPANTS AGES 16-35 IN HIGH PAYING SKILLED TRADES JOBS TO HELP PREVENT RECIDIVISM RATES IN PARTNERSHIP WITH LLVOT AND NEXT LEVEL ACADEMY.
IAAQLI PROGRAM PROVIDED APPRENTICESHIP AND VOCATIONAL TRAINING TO PARTICIPANTS AGES 16-35 IN HIGH PAYING SKILLED TRADES JOBS TO HELP ACCESS HIGH PAYING JOBS BY CONNECTING THEM TO POTENTIAL EMPLOYERS IN PARTNERSHIP WITH LLVOT AND NEXT LEVEL ACADEMY.
CICF OPERATIONAL GRANT PROGRAM ASSISTED WITH PROGRAM OPERATION EXPENSES FOR OUR VOCATIONAL TRAINING SERVICES FOR STAFFING AND ADMINISTRATIVE SERVICES.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $202,500 |
| 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 | $350,800 |
| Other Income | $0 |
| Total Revenue | $553,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $3,713 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,082 |
| Printing and publications | $15 |
| Other expenses | $57,555 |
| Total operating and administrative expenses | $339,712 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $339,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,588 |
| 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 | $213,588 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |