2026-03-24T11:28:06-07:00 2025-12-31 992204443 Malvoso CPA 360 Grand Ave 408 Oakland CA 94610 990EZ 2025-01-01 813600717 Transparent Collective INC TRAN 5104101542 5 Embarcadero West 135 Oakland CA 94607 Rohini Pandhi CFO 2026-03-24 true Shelby Malvoso P01968972 5104736240 2025 2025-03-06 01:10:19Z X www.transparentcollective.com X X 77187 X 77187 0 0 0 0 77187 39523 60956 100479 -23292 25444 2152 X 49582 5362 49582 5362 24138 3210 25444 2152 Increasing the number of underrepresented founders raising early stage funding Transparent Collective is a group of diverse operators increasing the number of Black, Latinx, and womxn entrepreneurs succeeding in venture backed tech. Based on our experiences, we provide a hyper-personalized playbook that enables founders to access capital, connections, and community. Currently, less than 1 of venture capital is invested in Black and Latinx founders. Within the Transparent Collective community, over 80 of our founders were able to successfully raise funding. We've worked with over 60 companies to help them raise almost $70m collectively from top-tier investors. We offer intensive programming focused on helping early stage companies raise Seed and Series A with 1-on-1 advisor sessions, panels with industry leaders, and opportunities to network with active investors. Learn more at transparentcollective.com. 90008 90008 James H Norman President & CEO 15.00 0 Rohini H Pandhi CFO 1.00 0 false false false false false false false 0 0 0 false 0 0 false CA Rohini Pandhi 5 Embarcadero West Unit 135 Oakland CA 94607 5104101542 false false false false false false false false false false false NONE NONE true X 169506 10915 21585 98518 77187 377711 0 0 169506 10915 21585 98518 77187 377711 276969 100742 250 250 0 0 377961 0.26650 0.31950 X Current Year Facts and Circumstances: 1. Level of Public Support During the applicable computation period, the organizations public support percentage was 26.65%, which substantially exceeds the 10% minimum threshold required under the facts-and-circumstances test. The organization receives support from a combination of institutional donors and individual contributors, reflecting a broad base of public support rather than reliance on a limited number of private funding sources. No single donor or related group of donors represents a controlling share of the organizations public support. Although the organization did not meet the 33 1/3% public support threshold for the current period, the level and diversity of its support demonstrate meaningful reliance on contributions from the public. 2. Continuous and Bona Fide Public Fundraising Program The organization maintains an ongoing fundraising program directed toward both institutional supporters and individual members of the public. During the most recent year, the organization received contributions from half a dozen unrelated institutional donors aligned with its charitable mission. In addition to institutional contributions, the organization regularly solicits and receives support from individual donors. During 2025, the organization received donations from more than 15 individual contributors, with an average contribution of approximately $300 per donor. These efforts demonstrate an ongoing and bona fide fundraising program directed toward the general public and a broad base of support for the organizations activities. 3. Representative Governing Body The organization is governed by a board of directors consisting of the organizations co-founders. Board members are not related to one another and serve without compensation. The board provides active oversight of the organizations mission, strategy, and finances and operates independently of any single donor or funding source. The board is not dominated by major donors, which helps ensure that the organizations activities are directed toward serving the broader public interest rather than the private interests of specific contributors. 4. Public Access to Programs and Services The organization regularly hosts community programming and events that advance its charitable mission and are free and open to participants within the broader entrepreneurial ecosystem it serves. These events typically convene 810 underrepresented founders together with approximately 50 mentors, advisors, and investors from the community. Through these programs, the organization facilitates mentorship, relationship-building, and access to networks that can help founders grow and sustain their businesses. These programs are designed to benefit the broader community of founders and ecosystem participants rather than a limited private group. 5. Ongoing Public Engagement and Community Support The organization maintains ongoing engagement with the public through community partnerships, programming, and outreach activities. For example, the organization has collaborated with partners such as Invest Detroit to host community programming that convenes founders, mentors, investors, and other stakeholders. These partnerships reflect the organizations efforts to engage with and serve a broader entrepreneurial community across different regions. In addition, the organization maintains a mailing list of approximately 4,000 subscribers, which it uses to communicate with and engage members of the broader public interested in its mission and programming. These activities demonstrate continuing public engagement and support for the organizations work. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Other Expenses.1001 Advertising and Promotion $506 Other Expenses.1002 Office Expenses $9370 Other Expenses.1005 Travel $17949 Other Expenses.1 Workshop Expenses $33131 Total Liabilities.1 Credit card payable - Beginning $138 Credit card payable - Ending $3210 Total Liabilities.2 Pass thru grant - Beginning $24000 Pass thru grant - Ending $0