Tech Collective
EIN: 61473276 · Providence, RI
| Metric | Value |
|---|---|
| Total Expenses | $101K |
| Net Assets | $-132,871 |
Is Tech Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tech Collective
Tech Collective (EIN: 61473276) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tech Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tech Collective is a small nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of -19.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $101K |
| Surplus / Deficit | +$58K |
| Total Assets | $70K |
| Total Liabilities | $203K |
| Net Assets | $-132,871 |
| Operating Margin | 36.6% |
| Debt-to-Asset Ratio | 289.6% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2016, Tech Collective reported a surplus of $58K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 289.6% (high leverage).
Financial Trends
Over 7 years of filings (2010–2016), Tech Collective's revenue has declined at a compound annual growth rate (CAGR) of -19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.5% | -61.5% | -42.7% |
| 2015 | -7.0% | +2.3% | +26.6% |
| 2014 | -22.4% | -7.1% | +278.0% |
| 2013 | +2.4% | +49.4% | -90.6% |
| 2012 | -2.4% | -22.5% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tech Collective has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tech Collective with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 289.6%.
Frequently Asked Questions about Tech Collective
Is Tech Collective a legitimate charity?
Tech Collective (EIN: 61473276) is a registered tax-exempt nonprofit based in Rhode Island. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Tech Collective spend its money?
Tech Collective reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tech Collective tax-deductible?
Tech Collective is registered as a tax-exempt nonprofit (EIN: 61473276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tech Collective located?
Tech Collective is headquartered in Providence, Rhode Island and files with the IRS under EIN 61473276.
How many years of IRS 990 filings does Tech Collective have?
Tech Collective has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Tech Collective showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), Tech Collective's revenue has declined by 72.8%, moving from $583K to $159K. Total assets decreased by 67.2% over the same period, from $214K to $70K. Total functional expenses fell by 79.1%, from $482K to $101K. In its most recent filing year (2016), Tech Collective reported a surplus of $58K, with revenue exceeding expenses. The organization holds $203K in liabilities against $70K in assets (debt-to-asset ratio: 289.6%), resulting in net assets of $-132,871.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $159K | $101K | $70K | $203K | — | View 990 |
| 2015 | $155K | $261K | $122K | $325K | — | View 990 |
| 2014 | $166K | $256K | $97K | $237K | — | View 990 |
| 2013 | $214K | $275K | $26K | $77K | — | View 990 |
| 2012 | $209K | $184K | $271K | $232K | — | View 990 |
| 2011 | $214K | $238K | $258K | $243K | — | View 990 |
| 2010 | $583K | $482K | $214K | $176K | — | — |
Year-by-Year Financial Summary
- 2016: Revenue of $159K, expenses of $101K, and assets of $70K (revenue +2.5% year-over-year).
- 2015: Revenue of $155K, expenses of $261K, and assets of $122K (revenue -7.0% year-over-year).
- 2014: Revenue of $166K, expenses of $256K, and assets of $97K (revenue -22.4% year-over-year).
- 2013: Revenue of $214K, expenses of $275K, and assets of $26K (revenue +2.4% year-over-year).
- 2012: Revenue of $209K, expenses of $184K, and assets of $271K (revenue -2.4% year-over-year).
- 2011: Revenue of $214K, expenses of $238K, and assets of $258K (revenue -63.2% year-over-year).
- 2010: Revenue of $583K, expenses of $482K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tech Collective:
Data Sources and Methodology
This transparency report for Tech Collective is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.