Education
Midas Collaborative Inc
BOSTON, MA
Total revenue
$636K
Total expenses
$581K
Net assets
$512K
Grants received
$798K
24 grants
EIN
830485169
Tax year
2024
Mission
Organization advances financial security of low- and moderate-income residents of massachusetts.
Programs
1 program
The financial empowerment learning institute (feli) - midas, in partnership with united way, leads a statewide workforce development initiative that equips nonprofit professionals in the personal finance sector with the skills and knowledge needed to deliver high-impact financial coaching across massachusetts. In 2024, feli launched a pilot training initiative to professionalize community-based coaching, reduce coach attrition, and improve outcomes in disinvested communities. For the first time, feli partnered with the association for financial counseling & planning education (afcpe) to provide foundational training for new or previously untrained nonprofit staff. This program features a cohort model and includes a pathway to certification for tenured nonprofit staff. Feli has helped to train over 650+ nonprofit professionals since 2015, with 200+ organizations represented from across massachusetts. Feli participants have an 85% completion rate, allowing them to better serve communities with culturally relevant financial education.
Financials
FY 2024
Revenue
Expenses
People
11 listed
MOLLY GOODMAN
EXECUTIVE DIRECTOR (UNTIL 2/24)
$37K
40 hrs/wk
ANTHONINA FENELON
SECRETARY
—
1 hrs/wk
ALEX MELIKAN
TREASURER
—
1 hrs/wk
MICHAEL D ANDELMAN
DIRECTOR
—
1 hrs/wk
TINE K CHRISTENSEN
DIRECTOR
—
1 hrs/wk
EMILIO DORCELY
DIRECTOR
—
1 hrs/wk
RASHMI DYAL-CHAND
DIRECTOR
—
1 hrs/wk
ANDREA HUFF
DIRECTOR
—
1 hrs/wk
RICHARD MANUEL
DIRECTOR
—
1 hrs/wk
DAN MATLOFF
CHAIR
—
1 hrs/wk
CONNIE O'HARE
DIRECTOR
—
1 hrs/wk
Independent contractors
INTERIM EXECUTIVE SOLUTIONS
INTERIM EXECUTIVE DIRECTOR
Grants received
Showing 24 of 24
Funded by
$798K from 13 funders · 24 grants · 2017–2024
$499K · 2 grants · 2022–2023
$197K · 7 grants · 2017–2023
$21K · 3 grants · 2018–2020
$20K · 2 grants · 2022–2023
$15K · 2 grants · 2020–2023
$10K · 1 grant · 2023
$10K · 1 grant · 2023
$10K · 1 grant · 2022