Strada Collaborative Inc is located in Indianapolis, IN. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Strada Collaborative Inc employed 1,330 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strada 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER ALL LEARNERS - AND THOSE WHO SERVE THEM - STRADA COLLABORATIVE, INC. PROVIDES CRITICAL RESOURCES, EDUCATIONAL SUPPORT, AND CAREER EXPERIENCES LEADING TO EQUITABLE EDUCATION AND EMPLOYMENT PATHWAYS.
Describe the Organization's Program Activity:
COACHING & GUIDANCE - TO INSPIRE AND EMPOWER STUDENTS TO FIND THEIR LIFE PATH THROUGH EDUCATIONAL CURRICLA AND HANDS ON EXPERIENCES ASSOCIATED WITH SAID CURRICULA. IMPLEMENTS COACHING (I.E. TRAINING AN INDIVIDUAL FOR THE PURPOSE OF IMPROVING OR DEVELOPING CAPABILIITES) PROGRAMS THAT IMPROVE EDUCATIONAL AND CAREER OUTCOMES FOR LEARNERS INCLUDING ADULT, DISTANCE AND UNDERREPRESENTED POPULATIONS. COACHING ACTIVITIES INCLUDE FACE TO FACE COACHING AT EDUCATIONAL INSTITUTIONS, EMPLOYERS, AND REMOTE COACHING BY PHONE, EMAIL, VIRTUAL COMMUNICATION METHODS TO INCREASE THE ACCESSIBIITY OF COACHING TO DISTANCE, ADULT, MILTARY, AND OTHER LEARNERS. PROVIDES INSTRUCTION TO EDUCATIONAL INSTITUTIONS ON HOW TO COACH STUDENTS, INCLUDING HOW TO DEVELOP COACHING MODELS TAILORED TO KEY STUDENT POPULATIONS SUCH AS MILITARY, DISTANCE, AND UNDERREPRESENTED STUDENTS. INCLUDES CURRICULUM AND OTHER MEDIA CONTENT DESIGNED TO HELP LEARNERS IDENTIFY CAREERS BASED ON THEIR INTERESTS AND VIDEO TESTIMONIALS FROM PROFESSIONALS IN RELEVANT FIELDS WHO SHARE THEIR BACKGROUNDS. THE CONTENT IS DISTRIBUTED TO A WIDE VARIETY OF DIFFERENT PARTNERS INCLUDING STATE AND LOCAL GOVERNMENTS AND LOCAL WORKFORCE AGENCIES. CREATE AND MAINTAIN A MEMBERSHIP ORGANIZATION THAT PROVIDES A NEWSLETTER, WEBINARS AND JOB AIDES ALONG WITH AN ANNUAL CONFERENCE.
STUDENT AFFORDABILITY - PROVIDES A PRIOR LEARNING ASSESSMENT TOOL WHICH ENABLES INSTITUTIONS, EMPLOYERS, AND STATE SYSTEMS OF HIGHER LEARNING TO PROVIDE INDIVIDUALS CREDITS TOWARD A DEGREE OR CERTIFICATE OF COMPLETION. PROVIDES FINANCIAL TUITION ASSISTANCE TO COLLEGE STUDENTS INVOLVED IN STRADA EDUCATION NETWORK, INC. WORK-BASED LEARNING ACTIVITIES TO HELP THEM DEVELOP SKILLS, EARN DEGREES, AND IMPROVE INITIAL CAREER SUCCESS.
WORK BASED LEARNING - PROVIDES COLLEGE STUDENTS, MANY OF WHICH WILL BE FIRST GENERATION COLLEGE STUDENTS, EMPLOYMENT THROUGH ENTRY LEVEL SERVICE POSITIONS THAT TEACH "FOUNDATIONAL" JOB SKILLS LIKE TIME MANAGEMENT, COMMUNICATION, COLLABORATION, PROBLEM SOLVING, AND CRITICAL THINKING WHICH, ALONG WITH A DEGREE, WILL HELP THEM SECURE FULL-TIME EMPLOYMENT. WORKING WITH EDUCATION INDUSTRY PARTNERS, REGIONAL INDUSTRY COALITIONS, AND ECONOMIC DEVELOPERS TO ENSURE WORKERS ARE RESKILLING AND UPSKILLING THROUGH ACCESS TO CURRICULA AND TRAINING LINKED TO CAREER OPPORTUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Marriner President - Rtn (beg 9/27/21) | Officer | 40 | $64,790 |
Earl Buford President - Cael (beg 9/20/21) | Officer | 40 | $63,335 |
Jaime Nunez President - Eaw (beg 9/18/21) | Officer | 40 | $62,255 |
Ruth White President - Itk (beg 9/16/21) | Officer | 40 | $59,405 |
Joseph Donato Sr Vp, Hr (beg 9/16/21) | 40 | $57,321 | |
Michael Embry Sr Vp, Partner Success (beg 9/16/21) | 40 | $53,363 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Vantage Point Consulting Inc It Consulting Services | 12/30/21 | $479,291 |
Hotel Del Coronado Hospitality Services | 12/30/21 | $311,908 |
South Coast Services Construction Services | 12/30/21 | $183,004 |
Sunreach Llc It Consulting Services | 12/30/21 | $300,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,160,346 |
Government grants | $473,429 |
All other contributions, gifts, grants, and similar amounts not included above | $21,053,642 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,687,417 |
Total Program Service Revenue | $12,217,625 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $85,875 |
Net Rental Income | $32,151 |
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 | $36,146,755 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $21,462 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $358,560 |
Compensation of current officers, directors, key employees. | $358,560 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,794,470 |
Pension plan accruals and contributions | $49,908 |
Other employee benefits | $1,084,038 |
Payroll taxes | $858,889 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,661 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,101 |
Fees for services: Other | $1,557,345 |
Advertising and promotion | $183,044 |
Office expenses | $74,316 |
Information technology | $437,263 |
Royalties | $0 |
Occupancy | $723,497 |
Travel | $269,451 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $412,264 |
Interest | $77,322 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,413,177 |
Insurance | -$145 |
All other expenses | $48,478 |
Total functional expenses | $17,521,070 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,916,257 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $23,401,303 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $216,513 |
Net Land, buildings, and equipment | $2,167,823 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $33,766,965 |
Intangible assets | $15,247,452 |
Other assets | $2,040,924 |
Total assets | $87,757,237 |
Accounts payable and accrued expenses | $14,034,245 |
Grants payable | $0 |
Deferred revenue | $3,576,755 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $500,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $45,461 |
Total liabilities | $18,156,461 |
Net assets without donor restrictions | $69,600,776 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $87,757,237 |
Over the last fiscal year, we have identified 7 grants that Strada Collaborative Inc has recieved totaling $4,545,736.
Awarding Organization | Amount |
---|---|
Strada Education Network Inc Indianapolis, IN PURPOSE: MATCHING GRANT | $1,931,262 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $1,256,974 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $745,000 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: COUNCIL FOR ADULT AND EXPERIENTIAL ALLEGHENY COUNTY PROGRAM EXPANSION | $250,000 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: COUNCIL FOR ADULT AND EXPERIENTIAL ALLEGHENY COUNTY PROGRAM EXPANSION | $250,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $75,000 |
Organization Name | Assets | Revenue |
---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |