La Colaborativa Inc
Only null% goes to programs Strong reserves Growing revenue
La Colaborativa Inc is a 501(c)(3) organization based in Chelsea, Massachusetts, registered in 1988, with $27,893,708 in FY2024 revenue. CharityIndex grades it B.
63 6th St, Chelsea, MA, 02150 EIN 22-2906521 Since 1988
Revenue (FY2024)
$27.9M
▲ 60.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$22.8M
Net assets
$22.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for La Colaborativa Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For La Colaborativa Inc: 12 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for La Colaborativa Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For La Colaborativa Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 63 6th St, Chelsea, MA, 02150
- City
- Chelsea
- State
- Massachusetts
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue grew from $1.3M (FY2013) to $27.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.2MNet assets $22.8M
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$28.0M
Total liabilities
$5.2M
Net assets
$22.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,893,708▲60.8% | $22,808,247▲108% | $22,824,682▲28.7% | $28,028,589▲16.8% | 990 |
| 2023 | $17,345,761▲134% | $10,975,932▲120% | $17,739,222▲58.4% | $23,995,285▲42.7% | 990 |
| 2022 | $7,400,286▼5.9% | $4,994,509▲6.2% | $11,197,814▲29.0% | $16,810,572▲18.5% | 990 |
| 2021 | $7,863,723▲26.3% | $4,701,610▲29.3% | $8,678,100▲50.8% | $14,182,540▲140% | 990 |
| 2020 | $6,228,084▲39.4% | $3,635,841▲114% | $5,754,569▲90.4% | $5,906,757▲78.5% | 990 |
| 2019 | $4,467,842▲282% | $1,699,537▲31.7% | $3,021,870▲1092% | $3,308,185▲950% | 990 |
| 2018 | $1,169,850▼10.8% | $1,290,564▼12.6% | $253,565▼32.3% | $315,105▼31.8% | 990 |
| 2017 | $1,311,198▲17.6% | $1,476,293▲24.5% | $374,279▼30.6% | $462,067▼20.4% | 990 |
| 2016 | $1,114,726▼4.5% | $1,186,002▼12.6% | $539,374▼11.7% | $580,670▼13.7% | 990 |
| 2015 | $1,167,756▼5.0% | $1,357,335▲6.5% | $610,650▼23.7% | $673,152▼26.3% | 990 |
| 2014 | $1,229,072▼5.8% | $1,274,105▼10.0% | $800,229▼5.3% | $913,233▼4.2% | 990 |
| 2013 | $1,304,072 | $1,415,793▲5.4% | $845,262▼11.7% | $952,996▼8.1% | 990 |
| 2012 | — | $1,342,853▼13.1% | $956,983▼2.4% | $1,036,490▼13.5% | 990 |
| 2011 | — | $1,544,689▼40.2% | $980,948▼24.7% | $1,197,644▼16.6% | 990 |
| 2010 | — | $2,584,124▲40.6% | $1,303,287▲8.0% | $1,435,328▼2.1% | 990 |
| 2009 | — | $1,837,747 | $1,207,087 | $1,465,667 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $11.7M total
113 grants to La Colaborativa Inc totaling $11.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $103,956 |
| Nellie Mae Education Foundation Inc | Capacity building accelerator | 2024 | $100,000 |
| Third Sector New England Inc | Ma voter table grant | 2024 | $30,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $2,314,035 |
| Mass General Brigham Incorporated and Affiliates Group Rtn | Community benefit program | 2023 | $700,000 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $219,000 |
| Beth Israel Deaconess Medical Center Inc | Care access and/or to address other identified community health needs | 2023 | $175,000 |
| AARP | Grant to support aarp's livable communities initiative | 2023 | $170,000 |
| National Foundation For the Ctrs For Disease Contr & Prevention Inc | Cbo support to increase vaccination coverage | 2023 | $120,000 |
| Nellie Mae Education Foundation Inc | Supporting organizations led by people of color | 2023 | $102,000 |
| Health Resources In Action Inc | Covid-19 community impact survey 23, health & racial equity, unrestricted | 2023 | $92,500 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $58,200 |
| Third Sector New England Inc | Ma voter table grant | 2023 | $40,000 |
| American Online Giving Foundation Inc | General support | 2023 | $21,956 |
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Frequently asked questions
- Is La Colaborativa Inc a legitimate nonprofit?
- Yes. La Colaborativa Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2906521, based in Chelsea, Massachusetts. Donations are tax-deductible.
- What is La Colaborativa Inc's EIN?
- La Colaborativa Inc's Employer Identification Number (EIN) is 22-2906521.
- How much revenue does La Colaborativa Inc report?
- La Colaborativa Inc reported $27,893,708 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does La Colaborativa Inc have?
- CharityIndex grades La Colaborativa Inc B, based on financial health (reserves and operating margin).
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Data for La Colaborativa Inc (EIN 22-2906521) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.