NonprofitsColab

Arts, Culture & Humanities

Colab

CHATTANOOGA, TN

Total revenue

$1.2M

Total expenses

$1.4M

Net assets

$294K

Grants received

$1.9M

27 grants

EIN

263934828

Tax year

2024

Mission

To support entrepreneurs by scaling companies with our core tools + resources to create value, jobs, and build community.

Programs

3 programs

Co.moblity summit: co.lab hosted its second annual co.mobility summit to convene industry leaders, researchers, policymakers, and investors with a laser-sharp focus on sustainable mobility to support startup founders and innovators that are working on solutions to the problems that chattanooga's mobility industry is working hard to solve. The goal of the summit is to introduce our industry and research strengths to startups across the region to highlight chattanooga as one of the leading places for mobility businesses. The desired outcome is to bring burgeoning businesses here to leverage our strength, provide solutions to our corporate partner's most challenging issues, and bolster our communities' tech ecosystem and economy.

Expenses: $330K

Community events: coffee with co.lab: coffee with co.lab serves local entrepreneurs by providing a consistent networking opportunity with other like-minded and local individuals. It allows small business owners to know they are not alone, share their upcoming business events/news, as well as an opportunity to hear more about co.lab's upcoming events and resources. Cwc will ideally take place once a month in each hub county, equalling to 4 cwc each month. Happy hours: during the last year, co.lab hosted a monthly happy hour that featured trivia on sustainability and entrepreneurship to engage diverse individuals from investors, founders, students, professionals and community leaders. We have decided to discontinue these and (continued on schedule o)

Expenses: $1K

Intrapreneurship workshop: co.lab is developing a custom-made workshop aimed at helping innovators within a large organization learn more about the necessary business tools needed to ideate, refine, and implement organizational innovations. This is a full-day workshop tailored to each organization based on their specific internal needs, keeping in mind the nuances within change management. The first pilot program had a fantastic reception from tva with 60 participants. Co.starters: we offer a program to ten counties, providing entrepreneurs with a supportive community, an organized framework, and a sense of responsibility as they transform their ideas into reality. This program facilitates the journey from conceptualization to business launch through a series of bootcamp sessions guided by co.lab and respected local business professionals, who impart valuable knowledge on various business concepts to the participants. Kiva: co.lab is the only kiva hub in the state of tennessee. Kiva is a nontraditional online lending platform that uses crowdfunded microloans as a force for good. Kiva creates a space where people can have a tangible impact on each other and ultimately financial access for all. Entrepreneurs can be connected to lenders across the globe and can apply for crowdfunded loans of up to $15,000.00 at 0% interest for terms up to 36 months.

Expenses: $82

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$133K
Investment income
Other revenue
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$723K
Fundraising$174K
Other expenses$664K
Total expenses$1.4M
Total assets$528K
Net assets$294K

People

16 listed

NameRoleCompensation

TASIA MALAKASIS

CHIEF EXECUTIVE OFFICER

Board

$212K

40 hrs/wk

TIFFANIE ROBINSON

CHAIRPERSON

Board

1 hrs/wk

AARON CRAMER

DIRECTOR

Board

1 hrs/wk

CAROL EIMERS

DIRECTOR

Board

1 hrs/wk

CHARITA ALLEN

DIRECTOR

Board

1 hrs/wk

ERIC FULLER

DIRECTOR

Board

1 hrs/wk

JIM INGRAHAM

DIRECTOR

Board

1 hrs/wk

LAURA ANN HOWELL

DIRECTOR

Board

1 hrs/wk

KIRK BURTON

SECRETARY

Board

1 hrs/wk

Matt Patterson

DIRECTOR

Board

1 hrs/wk

REBECCA SHARPE

DIRECTOR

Board

1 hrs/wk

Richard Hitchcock

DIRECTOR

Board

1 hrs/wk

SANTOSH SANKAR

DIRECTOR

Board

1 hrs/wk

SYBIL TOPEL

DIRECTOR

Board

1 hrs/wk

TOM LYONS

DIRECTOR

Board

1 hrs/wk

MALCOLM HARRIS

DIRECTOR

Board

1 hrs/wk

Independent contractors

GENER8TOR MANAGEMENT LLC

PROGRAM OPERATION

$175K

Grants received

Showing 27 of 27

FromAmountPurposeYear
$225K
GENERAL OPERATING SUPPORT
2024
$20K
GENERAL OPERATING SUPPORT
2024
$10K
CO.MOBILITY SUMMIT
2024
$10K
CHARITABLE PURPOSES
2024
$5K
CO.LAB Champion's Circle 2024
2024
$225K
GENERAL OPERATING SUPPORT
2023
$10K
CO.MOBILITY SUMMIT
2023
$2K
General & Unrestricted
2023
$2K
Quantum Mobility Program fund
2023
$305K
PROGRAM EXPENSES FOR NETWORK PARTNERS, SPONSORSHIP
2022
$100K
General Operating Support
2022
$65K
Kiva Program Operations and Kiva Investment Fund
2022
$25K
TO PROVIDE PERISCOPE CAREER READINESS TRAINING
2022
$5K
General & Unrestricted
2022
$225K
PROGRAM EXPENSES FOR ENTREPRENEUR CENTER
2021
$220K
PROGRAM EXPENSES FOR ENTREPRENEUR CENTER
2020
$100K
General Operating Support
2020
$11K
To support the KIVA relief program
2020
$10K
General & Unrestricted
2020
$2K
Support exempt purpose
2020

Funded by

$1.9M from 10 funders · 27 grants · 2020–2024

Tennessee Technology Development Corp

$1.0M · 4 grants · 2020–2023

Benwood Foundation Inc

$490K · 5 grants · 2023–2024

Lyndhurst Foundation Inc

$200K · 2 grants · 2020–2022

Robert F Stone Foundation Aka

$69K · 3 grants · 2022–2023

United Way Of Greater Chattanooga

$25K · 1 grant · 2022

Footprint Foundation Inc

$21K · 2 grants · 2020

Lillian L Colby Charitable Fdn Ia

$10K · 1 grant · 2024

Details

EIN263934828
NTEE codeA20
Subsection03
Ruling date2009-08
Formed2008
Employees10
Volunteers25
COLAB — Mission, Financials & Grants Received | Grantivo