NonprofitsThe Savings Collaborative

Human Services

The Savings Collaborative

CARBONDALE, CO

Total revenue

$1.8M

Total expenses

$807K

Net assets

$1.7M

Grants received

$2.4M

26 grants

EIN

854176243

Tax year

2024

Mission

The Savings Collaborative helps low income people save through a secure mobile app. It pays rewards & favorable interest rates as incentives to save, issues loans at favorable interest rates, and coaches & educates about financial management.

Financials

FY 2024

Revenue

Contributions & grants$1.6M
Program service revenue$222K
Investment income
Other revenue
Total revenue$1.8M

Expenses

Grants paid
Salaries & benefits$446K
Fundraising$64K
Other expenses$361K
Total expenses$807K
Total assets$3.6M
Net assets$1.7M

People

8 listed

NameRoleCompensation

Barbara Freeman

Executive Director

Board

$131K

60 hrs/wk

Iliana Renteria

Director

Board

$20K

20 hrs/wk

Reginald Berry

President

Board

2 hrs/wk

Cindy Kahn

Secretary

Board

1 hrs/wk

Maria Judith Alvarez

Director

Board

1 hrs/wk

Yana Ricart

Director

Board

1 hrs/wk

Jon Fox-Rubin

Treasurer

Board

1.5 hrs/wk

Vincent Calluzzo

Director

Board

1 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$375K
GENERAL OPERATIONS
2024
$200K
GENERAL SUPPORT
2024
$75K
PROJECT SUPPORT FOR FINANCIAL SERVICES
2024
$60K
FINANCIAL COUNSELING
2024
$37K
ACCESS TO CARE
2024
$21K
FINANCIAL SERVICES FOR THE FEC OF ROCKIES
2024
$20K
General operating support
2024
$14K
FINANCIAL SERVICES FOR THE FEC OF THE ROCKIES
2024
$10K
SAVINGS COLLABORATIVE AMBASSADORS
2024
$10K
SUBGRANT SUPPORT
2024
$1.1M
ASSIST LOW INCOME PEOPLE THROUGH COACHING & EDUCATION ON FINANCIAL MANAGEMENT AND SAVING.
2023
$100K
CHAMPION HEALTH EQUITY
2023
$55K
PROGRAM SUPPORT
2023
$50K
FINANCIAL COUNSELING
2023
$36K
COMMUNITY SUPPORT
2023
$30K
THE PURPOSE OF THIS GRANT IS GENERAL SUPPORT.
2023
$26K
GENERAL SUPPORT
2023
$15K
GENERAL OPERATING SUPPORT
2023
$10K
For grant recipient's exempt purposes
2023
$5K
GENERAL PURPOSE
2023
$35K
ACCESS TO CARE
2022
$30K
THE PURPOSE OF THIS GRANT IS GENERAL SUPPORT.
2022
$25K
50+ SAVINGS CLUB
2022
$55K
To transfer Ambassador income raised to LaMedichi
2021
$14K
Bridge Grant
2021
$8K
To transfer Bell Policy income
2021

Funded by

$2.4M from 14 funders · 26 grants · 2021–2024

Npx Charitable Inc

$1.1M · 1 grant · 2023

The Fullerton Family Charitable Fund

$375K · 1 grant · 2024

Aspen Community Foundation

$321K · 7 grants · 2022–2024

The Denver Foundation

$110K · 2 grants · 2023–2024

Delta Dental Plan Of Colorado

$108K · 3 grants · 2022–2024

The Colorado Health Foundation

$100K · 1 grant · 2023

Manaus

$77K · 3 grants · 2021

Gill Foundation

$75K · 1 grant · 2024

Details

EIN854176243
NTEE codeP51
Subsection03
Ruling date2021-02
Formed2021
Employees5
Volunteers12
THE SAVINGS COLLABORATIVE — Mission, Financials & Grants Received | Grantivo