Strada Collaborative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861250084 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Strada Collaborative Inc?

Strada Collaborative Inc, located in Indianapolis, Indiana, is a prominent nonprofit organization dedicated to inspiring and empowering students to discover their career paths through educational curricula and hands-on experiences. With a workforce of over 2,300 employees, they design coaching programs to improve educational and career outcomes for various learners, including adults, distance, and underrepresented populations. Their coaching services are accessible through face-to-face sessions at educational institutions and employers, as well as remote coaching via phone, email, and virtual communication methods. Strada Collaboratively also provides guidance to educational institutions on effective coaching models tailored to key student populations, such as military, distance, and underrepresented students. The organization offers a wealth of resources, including a membership organization, webinars, job aides, and an annual conference, to help learners identify careers based on their interests and provide access to professionals in relevant fields through video testimonials.


Official website here: www.stradaeducation.org/collaborative

What are the reviews and ratings of this charity?

Strada Collaborative Inc. currently lacks a rating from Charity Navigator due to insufficient data, as the organization has only one year of electronically-filed IRS Form 990 data. Charity Navigator requires a three-year average of certain financial and impact data for evaluation. The absence of a rating is not indicative of the organization's effectiveness or impact but simply reflects the need for more comprehensive data submission over subsequent fiscal years.

Despite the lack of a formal rating, data are available on Strada Collaborative Inc.'s financials, including their revenue and expenses, as well as compensation figures for their highest-paid employees. Key compensated executives such as Larry Lutz and Thomas Dawson command substantial salaries, which may interest those evaluating the organization's financial practices. Additionally, Strada Collaborative functions independently and receives substantial support from governmental units or the general public.

Due to limitations in data and newness, Strada Collaborative has not been evaluated on impact and measurement, leadership adaptability, or culture and community methodologies by Charity Navigator. These omissions do not reflect negative aspects of the organization but highlight the need for further data accumulation and reporting. No user reviews are available from GreatNonprofits, leaving gaps in public perception insights.


This AI summary has been generated from information found on Charity Navigator.

Is Strada Collaborative Inc legitimate?

Strada Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strada 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: $1,900,859
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,693,344

For more financial information, click here


Official website here: www.stradaeducation.org/collaborative

What is the mission statement of Strada Collaborative Inc?

Strada Collaborative Inc is dedicated to empowering all learners and those who serve them. They provide essential resources, educational support, and career experiences to create equitable education and employment pathways. The organization offers coaching programs that inspire and empower students to find their educational and career paths, serving adult, distance, and underrepresented populations. They provide instruction to educational institutions on coaching models tailored to specific student populations. The content includes curriculum, media, and video testimonials from professionals in various fields. Strada Collaborative Inc maintains a membership organization that offers newsletters, webinars, job aides, and an annual conference. Their mission is to make coaching accessible to a wide variety of learners, including those in remote locations, military personnel, and adults.


Official website here: www.stradaeducation.org/collaborative

Who is the CEO of Strada Collaborative Inc?

Thomas Dawson is the Board Member of Strada Collaborative Inc.


Official website here: www.stradaeducation.org/collaborative

What is the revenue of Strada Collaborative Inc?

Strada Collaborative Inc's revenue in 2022 was $76,931,166.


Official website here: www.stradaeducation.org/collaborative

Who are the executives of Strada Collaborative Inc and what are their salaries?

The average compensation at Strada Collaborative Inc during 2022 was $20,153. There are 2312 employees at Strada Collaborative Inc.


Here are 16 key members and their salaries:


Ruth Watkins (Board Member)
  • Compensation: $0
  • Related: $701,129
  • Other: $65,467
Larry Lutz Chairman Thru 4822 (Vice Chair (Beg 4/9/22))
  • Compensation: $0
  • Related: $811,517
  • Other: $72,300
Thomas Dawson (President And Chairman (Beg 4/9/22))
  • Compensation: $0
  • Related: $792,572
  • Other: $75,150
Darryl Graham (Board Member)
  • Compensation: $0
  • Related: $440,614
  • Other: $57,157
Michael Austin (Treasurer)
  • Compensation: $0
  • Related: $665,639
  • Other: $75,150
Julie Ragsdale (Secretary (Beg 4/9/22))
  • Compensation: $0
  • Related: $309,611
  • Other: $29,147
Christina Clark (Secretary (Thru 4/8/22))
  • Compensation: $0
  • Related: $220,449
  • Other: $34,463
Ruth White (President - Itk)
  • Compensation: $518,893
  • Related: $0
  • Other: $16,238
Jaime Nunez (President - Eaw)
  • Compensation: $460,753
  • Related: $0
  • Other: $40,815
Michael Marriner (President - Rtn)
  • Compensation: $423,398
  • Related: $0
  • Other: $30,535
Earl Buford (President - Cael)
  • Compensation: $380,733
  • Related: $0
  • Other: $29,494
Brian Mcallister (Coo)
  • Compensation: $365,878
  • Related: $0
  • Other: $36,520
Kai Drekmeier (Chief Development Officer)
  • Compensation: $326,433
  • Related: $0
  • Other: $39,454
Elena Wealty (Controller (Thru 9/30/22))
  • Compensation: $244,067
  • Related: $0
  • Other: $119,330
Ariella Tenuta (Cfo)
  • Compensation: $335,441
  • Related: $0
  • Other: $16,750
Stephen Ast (Avp, Partner Success)
  • Compensation: $281,124
  • Related: $0
  • Other: $27,960


Official website here: www.stradaeducation.org/collaborative

Where can I find the form 990 for Strada Collaborative Inc?

Strada Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stradaeducation.org/collaborative

Learn more at the official website: www.stradaeducation.org/collaborative

Mission Statement of Strada Collaborative Inc

Strada Collaborative Inc, a nonprofit organization, is dedicated to empowering learners and those who support their education. With a mission to provide critical resources, educational support, and career experiences, Strada Collaborative works towards creating equitable education and employment pathways.

Through coaching and guidance, Strada Collaborative inspires and empowers students to find their life path through educational curricula and hands-on experiences. The organization offers coaching programs designed to improve educational and career outcomes for learners, including adult, distance, and underrepresented populations. Coaching activities take place at educational institutions, employers, and remotely via phone, email, and virtual communication methods. Strada Collaborative also provides instruction to educational institutions on how to implement coaching models tailored to key student populations.

Strada Collaborative's offerings include curriculum and media content designed to help learners identify careers based on their interests. This content is distributed to a wide variety of partners, such as state and local governments and local workforce agencies. The organization also maintains a membership organization that provides resources like a newsletter, webinars, and job aides, along with an annual conference. Together, these initiatives aim to support learners in achieving their educational and career goals.

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Impact




October, 2024

Strada Collaborative Inc significantly impacts education and employment pathways by providing essential resources and support for learners and those who facilitate their growth. The organization empowers students, including underrepresented populations, through tailored coaching and guidance that inspire them to discover their career paths.

By implementing coaching programs across various educational settings, including face-to-face and remote options, Strada Collaborative increases accessibility for diverse learner groups such as adult, distance, and military students. This approach enhances educational and career outcomes by equipping individuals with the skills and confidence needed to navigate their academic journeys and career choices effectively.

In addition to direct coaching, Strada Collaborative offers instructional resources for educational institutions to help develop coaching models specifically designed for key student demographics. This strategic training empowers educators to better support their students, ultimately contributing to equitable education.

The organization also disseminates career-focused curriculum and multimedia content, including testimonials from professionals in relevant fields. These resources serve to guide learners in identifying careers aligned with their interests and aspirations. Furthermore, Strada Collaborative fosters a community through a membership organization that provides ongoing educational opportunities, such as newsletters, webinars, and an annual conference, promoting continuous development among educators and career coaches.

Overall, Strada Collaborative Inc plays a crucial role in creating equitable pathways for all learners, ensuring that they have the support and resources necessary to achieve their educational and career goals.




This information is meant to be a general summary of Strada 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.

Revenue
$76,931,166 (2022)
Expenses
$79,334,560 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $55,127,533
  • Gross Receipts: $77,038,045

Assets and Liabilities:

  • Total Assets: $58,003,532
  • Total Liabilities: $15,022,237
  • Net Assets: $42,981,295

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COACHING & GUIDANCE

Revenue

$31,370,702

WORK BASED LEARNING

Revenue

$22,900,571

STUDENT AFFORDABILITY

Revenue

$856,260

Organization Details

Founding Year

2021

Principal Officer

Thomas Dawson

Main Address

10 WEST MARKET STREET SUITE 1100, INDIANAPOLIS, IN, 46204

NTEE Category

Code: B99 - Education

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