Overview
What is Custom Collaborative Inc?
Custom Collaborative Inc, based in New York City, is a nonprofit organization dedicated to empowering no/low-income and immigrant women by providing them with the necessary skills to succeed in the sustainable fashion industry and broader society. They offer a 14-week, paid, full-time course in the art technique and business fashion, equipping trainees with marketable skills and a business plan. Upon completion, participants have mastered custom clothing creation, financial planning, and have established a network within the sustainable fashion industry. Post-graduation, the organization supports entrepreneurial efforts through their business incubator, offering earned income opportunities, skills building, and job placement. Additionally, Custom Collaborative Inc operates Fashion That Works, a worker-owned cooperative development program, supporting the establishment and operation of cooperatively-owned fashion businesses. Through individual donations, this nonprofit continues to advocate for and mentor these women, fostering economic justice.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Custom Collaborative Inc has earned an 84% score on Charity Navigator, which translates to a Three-Star rating. This rating reflects a solid performance in accountability and finance, particularly highlighting its strong governance practices, such as having 100% independent board members and no material diversion of assets. The organization also excels in its program expense ratio, allocating over 72% of its expenses directly to its programs, indicating a commitment to its mission.
The nonprofit demonstrates outstanding engagement with its community, achieving a Culture & Community score of 97%. Feedback mechanisms are robust, with perfect scores in feedback collection, usage, and constituent feedback. This indicates that the organization not only listens to the voices of those it serves but also actively incorporates that feedback into its operations.
While the scores are generally high, the Leadership & Adaptability category reflects a perfect score of 100, showcasing the organization's commitment to developing its leadership and adapting to challenges, such as those posed by the pandemic. Overall, Custom Collaborative Inc is recognized for its strong governance, community engagement, and adaptability, making it a reputable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Custom Collaborative Inc legitimate?
Custom Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Custom Collaborative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $374,949
For more financial information, click here
What is the mission statement of Custom Collaborative Inc?
Custom Collaborative Inc is an organization that focuses on empowering low-income and immigrant women by providing them with the necessary skills to achieve economic success in the sustainable fashion industry and broader society. Their mission is achieved through a training institute that offers a 14-week course in art technique and business fashion, equipping trainees with marketable skills and a business plan. Upon completion, participants have the ability to make custom clothing, manage personal finances, and have a network of mentors and colleagues in the sustainable fashion industry. The organization also operates a business incubator that supports entrepreneurial efforts among graduates and other emerging designers, providing earned income opportunities, skills building, and job placement. In alignment with their mission of creating economic justice, Custom Collaborative Inc operates Fashion That Works, a worker-owned cooperative development program, supporting individuals who initiate and operate cooperatively-owned fashion businesses.
Who is the CEO of Custom Collaborative Inc?
Ngozi Okaro is the Board Member of Custom Collaborative Inc.
What is the revenue of Custom Collaborative Inc?
Custom Collaborative Inc's revenue in 2022 was $999,206.
Who are the executives of Custom Collaborative Inc and what are their salaries?
The average compensation at Custom Collaborative Inc during 2022 was $28,842. There are 13 employees at Custom Collaborative Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Custom Collaborative Inc?
Custom Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Custom Collaborative Inc
Custom Collaborative Inc, a nonprofit organization, is committed to empowering low-income and immigrant women by providing them with the necessary skills to achieve economic success in the sustainable fashion industry and broader society. The organization achieves this mission through its training institute, which offers a 14-week paid course in art technique and fashion business. This program equips trainees with marketable skills, financial planning abilities, and a business plan. Upon completion, participants have the knowledge to create custom clothing and have a network of mentors and colleagues in the sustainable fashion industry.
Additionally, Custom Collaborative Inc operates a business incubator that supports entrepreneurial efforts among its graduates and emerging designers. This incubator provides earned income opportunities, skills building, and job placement for participants, further aiding in their economic growth. In alignment with its mission of creating economic justice, Custom Collaborative Inc also runs Fashion That Works, a worker-owned cooperative development program. This program supports individuals who initiate and operate cooperatively-owned fashion businesses, thereby contributing to a fairer and more inclusive fashion industry.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Custom Collaborative Inc's impact lies in empowering and equipping no/low-income and immigrant women with the skills necessary to achieve economic success in the sustainable fashion industry and broader society. Through their training institute, they offer a comprehensive 14-week course that teaches marketable skills such as custom clothing making, personal financial planning, and business planning. This prepares participants not only for employment but also for entrepreneurship in the fashion industry.
Furthermore, Custom Collaborative Inc operates a business incubator that supports entrepreneurial efforts among their graduates and other emerging designers and business owners. This provides opportunities for earned income, skills building, and job placement, thereby contributing to economic justice and empowerment within the sustainable fashion sector.
Additionally, the organization's commitment to cooperative development through their program Fashion That Works promotes a sustainable and collaborative approach to business ownership in the fashion industry. By supporting and nurturing worker-owned cooperative fashion businesses, Custom Collaborative Inc is not only creating economic opportunities but also fostering a more inclusive and equitable fashion ecosystem.
In summary, Custom Collaborative Inc's impact is evident in their efforts to uplift marginalized communities, promote economic success, and advocate for sustainable practices within the fashion industry, ultimately creating a more inclusive and just society.
This information is meant to be a general summary of Custom Collaborative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $80,317
- Gross Receipts: $999,206
Assets and Liabilities:
- Total Assets: $678,095
- Total Liabilities: $11,557
- Net Assets: $666,538
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES - INCUBATOR PROG
Revenue
$80,317
Organization Details
Founding Year
2015
Phone
(646) 596-8005Principal Officer
Ngozi Okaro
Main Address
118 EAST 124TH STREET 1416, NEW YORK, NY, 10035
NTEE Category
Code: J20 - Employment
If you are a representative of Custom Collaborative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.