NonprofitsCollider Foundation

Community Improvement & Capacity Building

Collider Foundation

ROCHESTER, MN

Total revenue

$387K

Total expenses

$394K

Net assets

$288K

Grants received

$452K

11 grants

EIN

831815046

Tax year

2024

Mission

Collider foundation activates, connects, and empowers entrepreneurs in rochester, minnesota. We believe in a community with zero barriers to entrepreneurship for anyone with a strong business idea and the passion to see it grow.

Programs

2 programs

Colliders education centers around the delivery of two cohort-based programs, co.starters and a community incubator. Co.starters helps early age entrepreneurs create insights, relationships, and tools to turn their ideas into action. The community incubator helps participants refine their business model into a viable product or service, enhancing their business potential through dedicated workshops, mentorship, networking, and other support to advance their business. Twenty-one local entrepreneurs graduated from their programming in 2024.

Expenses: $158K

Colliders startup support service provides free, confidential, personalized support to help entrepreneurs figure out steps to start their business, find resources and co-create plans for business growth, and create individualized milestones. In 2024, this work supported 100 community entrepreneurs, 58% of which were women-owned businesses and 25% latino entrepreneurs.

Expenses: $64K

Financials

FY 2024

Revenue

Contributions & grants$180K
Program service revenue$201K
Investment income$6K
Other revenue
Total revenue$387K

Expenses

Grants paid$12K
Salaries & benefits$225K
Fundraising
Other expenses$157K
Total expenses$394K
Total assets$288K
Net assets$288K

People

4 listed

NameRoleCompensation

ANN MARIE LADD

SECRETARY

Board

0

LANCE RESNER

TREASURER

Board

0

TRACI DOWNS

PRESIDENT

Board

0

AMANDA LEIGHTNER

KEY EMPLOYEE

Staff

40 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$50K
SUPPORT CHARITABLE PURPOSE
2024
$35K
TO SUPPORT THE DELIVERY OF ENTREPRENEURSHIP COHORTS.
2024
$30K
GENERAL OPERATIONS
2024
$3K
Entrepreneurial Development Programs
2024
$50K
SUPPORT CHARITABLE PURPOSE
2023
$40K
GENERAL OPERATIONS
2023
$20K
BUSINESS BOOTCAMP FOR ENTREPRENEURIAL STARTERS
2023
$9K
General operating support
2023
$1K
SMALL BUSINESS CONNECTIONS TO VALUABLE RESOURCES
2023
$100K
SUPPORT CHARITABLE PURPOSE
2022
$115K
Support to develop and pilot educational programming that teaches entrepreneurs from low-income zip codes or federally recognized economically distressed communities how-to identify and access existing and new entrepreneurship resources. 201905-6523
2020

Funded by

$452K from 8 funders · 11 grants · 2020–2024

Mayo Clinic

$200K · 3 grants · 2022–2024

Ewing Marion Kauffman Foundation

$115K · 1 grant · 2020

Otto Bremer Trust

$70K · 2 grants · 2023–2024

Initiative Foundation

$35K · 1 grant · 2024

Seneca Foods Foundation

$1K · 1 grant · 2023

Details

EIN831815046
NTEE codeS43
Subsection03
Ruling date2019-10
Formed2019
Employees4
Volunteers28
COLLIDER FOUNDATION — Mission, Financials & Grants Received | Grantivo