Overview
What is 501 Collective?
501 Collective is a global nonprofit organization that assists other 501.c.3 charities in their missions. Recognizing the challenges faced by nonprofits due to limited budgets and staff, 501 Collective steps in to offer financial and tangible support. This aid helps these organizations to better execute their vital work, which often significantly impacts numerous individuals' lives. Specifically, 501 Collective aids in storytelling and fundraising, thereby enabling partner nonprofits to concentrate on their primary objectives. Paraphrased description: 501 Collective is a nonprofit organization that lends a hand to other 501.c.3 charities worldwide. These nonprofits often have limited resources, such as funds and personnel, yet they perform exceptional deeds that positively affect countless lives. 501 Collective bridges this gap by providing financial and practical resources, thus empowering its partners to thrive in their pursuit of transformative projects. (116 words)
Is 501 Collective legitimate?
501 Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. 501 Collective submitted a form 990EZ, 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.
What is the mission statement of 501 Collective?
501 Collective's mission is to assist various nonprofit organizations globally by managing their fundraising and storytelling efforts. This allows these charities, often with limited resources and staff, to concentrate more on their primary objectives of aiding people in need. The collective provides financial and practical support to enhance the impact of its partner nonprofits in their world-changing initiatives.
Who is the CEO of 501 Collective?
Thomas Baker is the President of 501 Collective.
What is the revenue of 501 Collective?
501 Collective's revenue in 2022 was $160,465.
Who are the executives of 501 Collective and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for 501 Collective?
501 Collective's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of 501 Collective
501 Collective, as a dedicated organization, plays a crucial role in amplifying the impact of various nonprofit charities worldwide. Their mission is to alleviate the challenges faced by these organizations, particularly those operating with limited resources and staff. By providing essential financial and tangible support, 501 Collective enables its partner nonprofits to concentrate more on their primary missions, which are often centered around positively impacting countless individuals globally. The organization's mission is not just about offering financial assistance but also about equipping and bolstering these nonprofits, enabling them to carry out their world-changing endeavors more effectively.
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
October, 2024
501 Collective significantly enhances the operational capacity of various nonprofits globally by streamlining essential functions like storytelling and fundraising. This support enables partner organizations to focus on their core missions—helping communities and individuals in need—without being encumbered by the extensive demands of outreach and resource mobilization.
Operating from Lake Oswego, Oregon, 501 Collective recognizes the challenges faced by most nonprofits, which often operate under tight budgets and with limited staff. By providing financial assistance and tangible resources, they empower these organizations to amplify their impact and reach more people effectively. Their efforts facilitate a ripple effect in philanthropy, fostering a culture of collaboration and resource sharing that enhances the overall efficacy of nonprofit work around the world. Through their extensive support, 501 Collective plays a crucial role in equipping nonprofits for their world-changing endeavors.
This information is meant to be a general summary of 501 Collective. 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.
- Gross Receipts: $160,465
Assets and Liabilities:
- Total Assets: $16,006
- Total Liabilities: $0
- Net Assets: $16,006
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(518) 698-9251Principal Officer
Thomas Baker
Main Address
333 S STATE ST STE V-171, LAKE OSWEGO, OR, 97034
NTEE Category
Code: T01 - Philanthropy
If you are a representative of 501 Collective 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.