The Octet Collaborative Inc
- Assets
- $65.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, MA
- Founding
- Data as of
- 06/2022
- EIN
- 84-4881059
Organization Overview
The Octet Collaborative Inc is located in Somerville, MA. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Octet Collaborative 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 06/2022, Octet Collaborative Inc generated $93.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.4% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GENERAL PROGRAM - PROGRAMS BEING DEVELOPED DURING 2020
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Barczi Executive Director | 20 | $65,000 | |
Ruth Chang Treasurer | 2 | $0 | |
Paul Burke Board Member | 1 | $0 | |
David Chan Board Member | 1 | $0 | |
Ehi Nosakhare Board Member | 1 | $0 | |
Mia Chung-Yee Board Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,100 |
| 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 | $93,100 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,196 |
| Professional fees and other payments to independent contractors | $10,269 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,333 |
| Total expenses | $78,798 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,657 |
| Other assets | $0 |
| Total assets | $65,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,807 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Octet Collaborative Inc has recieved totaling $21,750.
| Awarding Organization | Amount |
|---|---|
Cecil B Day Foundation Inc Norcross, GA PURPOSE: EVANGELISM, MINISTRY | $21,750 |
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