Is Collaboration Station Legit?

Quick charity verification for Collaboration Station (EIN: 20574567)

Verdict: Collaboration Station appears trustworthy

85/100Mission Score
$348KRevenue
$8KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Collaboration Station demonstrates consistent growth in revenue and expenses over the past decade, indicating an expanding operational scope. For instance, revenue grew from $34,688 in 2012 to $362,378 in 2021. The organization consistently spends nearly all its revenue, with expenses closely tracking revenue each year, suggesting a lean operational model focused on immediate program delivery rather than accumulating significant reserves. This is evidenced by the relatively low asset base of $7,946 compared to its latest revenue of $348,173. While the financial data shows efficient spending with expenses closely matching revenue, the lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency across programs, administration, and fundraising. However, the consistent zero officer compensation reported across all filings is a strong indicator of volunteer-led leadership, which can contribute to lower administrative overhead. The organization's financial health appears stable given its consistent revenue growth and ability to cover expenses annually. Transparency regarding executive compensation is excellent, with 0% reported across all years. However, without a functional expense breakdown, a complete assessment of program efficiency versus administrative or fundraising costs is limited. The organization's consistent filing history (11 filings) indicates good compliance with IRS reporting requirements.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages