MIDAS COLLABORATIVE INC

BOSTON, MA, 02110-1510 (671) 532-3916 Est. 2007 EIN 83-0485169

B90— Education Form 990 501(c)(3)

Mission

TO COORDINATE A STATEWIDE COLLABORATIVE OF COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATIONS THAT FACILITATE THE ASSET DEVELOPMENT OF LOW-INCOME FAMILIES, THROUGH INCREASED FINANCIAL MANAGEMENT SKILLS, COMMUNITY AND PEER SUPPORT, AND ACCESS TO WEALTH BUILDING VEHICLES.

Financials

Total Revenue

$636,124

Total Expenses

$581,217

Net Assets

$511,969

6 employees 1 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

10.6 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 33.1%

Expenses ↑ 12.7%

Revenue Sources

Contributions 73.3% Earned revenue 30.1%

Expense Breakdown

Program 58.5% Management 31.0% Fundraising 10.5%

Officers & Key Employees (11)

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Grants Received (10)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$636,124 ↑	$581,217	$511,969
2023 Form 990	$477,798 ↓	$515,498	$457,062
2022 Form 990	$627,524 ↑	$449,796	$369,762
2020 Form 990	$223,429 ↓	$174,591	$171,553
2018 Form 990	$234,534	$234,155	$131,412