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Custom Collaborative Inc

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

EIN: 475036606 ✦ New york, NY ✦ Designated as a 501(c)(3)

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.


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.

Here 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?
Who is the CEO of Custom Collaborative Inc?
What is the revenue of Custom Collaborative Inc?
Who are the executives of Custom Collaborative Inc and what are their salaries?
Where can I find the form 990 for Custom Collaborative Inc?

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.

Impact

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.




Saturday, July 20, 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.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $80,317
  • Gross Receipts: $999,206

    • Assets and Liabilities:
  • Total Assets: $678,095
  • Total Liabilities: $11,557
  • Net Assets: $666,538
  • 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

    Principal Officer

    Ngozi Okaro

    Main Address

    118 EAST 124TH STREET 1416, NEW YORK, NY, 10035

    NTEE Category

    Code: J20 - Employment

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