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EIN 85-4176243

The Savings Collaborative

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Carbondale
State
Colorado
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
P50: Personal Social Services
Description
The Savings Collaborative helps low-income families in Colorado save through a mobile app, offering loans and coaching on financial management.
Total revenues
$567,976
2023
Total expenses
$586,410
2023
Total assets
$2,370,764
2023
Num. employees
2
2023

Program areas at The Savings Collaborative

The Savings Collaborative has empowered hundreds of lower-income families across Colorado to start saving and become financially literate. It provides loans for unexpected expenses and emergencies. It provides educational programs to develop the habit of saving and financial management skills.

Who funds The Savings Collaborative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NPX CharitableAssist Low Income People Through Coaching & Education on Financial Management and Saving.$1,096,550
Kenneth Kendal King FoundationProgram Support$55,000
Delta Dental of Colorado FoundationCommunity Support$36,050
...and 3 more grants received

Personnel at The Savings Collaborative

NameTitleCompensation
Barbara FreemanExecutive Director$132,351

Financials for The Savings Collaborative

RevenuesFYE 12/2023
Total grants, contributions, etc.$452,138
Program services$115,744
Investment income and dividends$94
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$567,976

Form 990s for The Savings Collaborative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-25990View PDF
2022-122023-04-25990View PDF
2021-122022-05-13990View PDF

Organizations like The Savings Collaborative

OrganizationLocationRevenue
Nixyaawii Community Financial ServicesPendleton, OR$1,539,028
Hebrew Free Loan Association of PittsburghPittsburgh, PA$481,305
The Cares ProjectWinston Salem, NC$424,564
Community Financial Resources (CFR)Oakland, CA$1,015,485
Life AssetWashington, DC$2,370,179
Prosperity ConnectionSaint Louis, MO$1,205,723
Tucson Jewish Free LoanTucson, AZ$219,958
Lending Link Credit SolutionsOmaha, NE$1,638,241
Milwaukee Jewish Free Loan AssociationMilwaukee, WI$262,457
Community Financial ServicesBremerton, WA$163,621
Data update history
July 16, 2024
Received grants
Identified 2 new grant, including a grant for $1,096,550 from NPX Charitable
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
November 26, 2023
Received grants
Identified 2 new grant, including a grant for $30,000 from Aspen Community Foundation (ACF)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Human service organizationsFamily service centersCharities
Issues
EducationHuman services
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
959 Cedar Creek
Carbondale, CO 81623
County
Garfield County, CO
Phone
(970) 379-4234
IRS details
EIN
85-4176243
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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