501 Collective is located in Lake Oswego, OR. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. 501 Collective 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, 501 Collective generated $150.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 73.4% each year . All expenses for the organization totaled $149.5k during the year ending 12/2023. 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
501 COLLECTIVE DOES THE HEAVY LIFTING OF STORYTELLING, FUNDRAISING AND MORE FOR NONPROFITS AROUND THE WORLD, ALLOWING OUR PARTNERS TO MORE EASILY FOCUS ON THEIR MISSIONS. WE SUPPORT MULTIPLE 501.C.3 NONPROFITS AROUND THE WORLD. MOST NONPROFIT CHARITIES OPERATE WITHIN A SMALL BUDGET AND MINIMAL STAFF, YET DO TREMENDOUS WORK HELPING COUNTLESS PEOPLE EVERYDAY. WE PROVIDE FINANCES AND TANGIBLE RESOURCES TO BETTER EQUIP AND SUPPORT OUR PARTNERS ON THEIR WORLD CHANGING ENDEAVORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Baker President | 15 | $0 | |
Walton Smith Vice President | 15 | $0 | |
Jason Francis Treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $150,739 |
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 | $150,739 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $148,890 |
Total expenses | $149,490 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,255 |
Other assets | $0 |
Total assets | $17,255 |
Total liabilities | $0 |
Net assets or fund balances | $17,255 |