Nonprofit · EIN 26-3934828
COLAB
Tax-exempt · CHATTANOOGA, TN 37405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,203,929 | $1,386,959 | -$183,030 | $528,414 | $234,152 | $294,262 |
| December 31, 2023 | 990 | $1,235,028 | $1,304,580 | -$69,552 | $662,478 | $175,826 | $486,652 |
| December 31, 2022 | 990 | $775,157 | $801,146 | -$25,989 | $581,384 | $25,180 | $556,204 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,079,812
- of which government grants
- $328,463
- Program service revenue
- $133,387
- Investment income
- -$9,270
- Net gain from sales of assets
- -$9,270
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $225,038
- Other salaries and wages
- $407,359
- Salaries, compensation and benefits (total)
- $722,612
- Professional fundraising fees
- $0
- Legal fees
- $5,130
- Accounting fees
- $33,509
- Occupancy
- $75,394
- Travel
- $28,082
- Depreciation
- $3,756
- Program services (functional)
- $816,911
- Management and general (functional)
- $395,622
- Fundraising (functional)
- $174,426
Balance sheet and other
- Total assets, start of year
- $662,478
- Total assets, end of year
- $528,414
- Total liabilities, end of year
- $234,152
- Net assets, end of year
- $294,262
- Land, buildings and equipment
- $4,564
- Net assets without donor restrictions
- $274,262
- Net assets with donor restrictions
- $20,000
- Gross receipts
- $1,194,659
- Employees
- 10
- Volunteers
- 25
- Year formed
- 2008
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TASIA MALAKASIS | CHIEF EXECUTIVE OFFICER Officer | 40 | $211,700 | $13,338 |
| KIRK BURTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TIFFANIE ROBINSON | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| AARON CRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL EIMERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARITA ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC FULLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM INGRAHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURA ANN HOWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MALCOLM HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Matt Patterson | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA SHARPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Richard Hitchcock | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANTOSH SANKAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SYBIL TOPEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM LYONS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TASIA MALAKASIS | EXECUTIVE DIRECTOR Officer | 40 | $194,349 | $11,703 |
| CHARLIE BROCK | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIRK BURTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MALCOLM HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA SHARPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANTOSH SANKAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURA ANN HOWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SYBIL TOPEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM LYONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARITA ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AARON CRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIFFANIE ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK MCKNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLA KALAIDJIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2022: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDSEY COX | EXECUTIVE DIRECTOR THROUGH 7/11/2022 Officer | 40 | $85,673 | $0 |
| TASIA MALAKASIS | EXECUTIVE DIRECTOR AS OF 7/11/2022 Trustee or director, Officer | 40 | $78,155 | $1,740 |
| TOM LYONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARITA ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADRIENNE COOPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AARON CRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MALCOM HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURA ANN HOWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLA KALAIDJIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIFFANIE ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANTOSH SANKAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBEKAH SHARPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SYBIL TOPEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK MCKNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLIE BROCK | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 110 SOMERVILLE AVE STE 266, CHATTANOOGA, TN 37405-3347
- Principal officer (990 for 2024)
- TASIA MALAKASIS, 110 SUMMERVILLE AVE 266, CHATTANOOGA, TN 37405
- Signed the 990
- TASIA MALAKASIS, CEO
- Phone
- (423) 281-0811
- Website
- WWW.THECOMPANYLAB.ORG
- Return prepared by
- WINDHAM BRANNON LLC
Mission
OUR VISION IS TO PUT CHATTANOOGA AT THE FOREFRONT OF CUTTING-EDGE TECHNOLOGIES TO IMPROVE OUR ECOSYSTEM WITH ADVANCES IN SUSTAINABLE MOBILITY, TO BE THE BEST SUSTAINABLE MOBILITY STARTUP ACCELERATOR IN THE WORLD, AND TO BUILD A DIVERSE AND INCLUSIVE FUTURE BY SUPPORTING SCALABLE BUSINESSES IN THE GREATER CHATTANOOGA REGION. CO.LAB IS RECOGNIZED AS A TOP 10 ACCELERATOR IN THE COUNTRY.
Program accomplishments
- SUSTAINABLE MOBILITY ACCELERATOR: OUR 12-WEEK ACCELERATOR PROGRAM GUARANTEES DEDICATED GROWTH-FOCUSED SUPPORT. WE AIM TO INVEST IN SIX COMPANIES PER PROGRAM. THE COHORT CAN TEST AND SCALE THEIR MVP THROUGH ACCESS TO THE WORLD'S ONLY URBAN TESTBED FOR CONNECTED AUTONOMOUS VEHICLES AND THE OPPORTUNITY TO WORK WITH THE WORLD'S FIRST COMMERCIALLY AVAILABLE QUANTUM NETWORK. THE COHORT WILL FIND PRODUCT-MARKET FIT WITH OPPORTUNITIES TO WORK WITH INDUSTRY-SPECIFIC CORPORATE PARTNERS. THE COHORT IS GUARANTEED ACCESS TO A NETWORK OF 65+ POTENTIAL MENTORS, CONNECTING WITH WORLD-CLASS INDUSTRY EXPERTS, TECHNOLOGISTS, AND BUSINESS DOMAIN EXPERTS TO HELP SCALE THEIR BUSINESS. THE COHORT WILL BE CONNECTED TO TOP INDUSTRY LEADERS WHO WILL HELP THEM MAKE CRUCIAL FIRST CUSTOMER INTRODUCTIONS. THERE WILL BE A $20K INVESTMENT FOR EACH TEAM INITIALLY THROUGH THE FOUNDER'S FUND WITH THE POTENTIAL OF FOLLOW-ON FUNDING AND INTRODUCTIONS TO OVER 50 INVESTORS WHO ARE CURRENTLY LOOKING TO INVEST IN STARTUPS.Expenses $485,409 · revenue $30,992
- CO.MOBLITY SUMMIT: CO.LAB HOSTED ITS SECOND ANNUAL CO.MOBILITY SUMMIT TO CONVENE INDUSTRY LEADERS, RESEARCHERS, POLICYMAKERS, AND INVESTORS WITH A LASER-SHARP FOCUS ON SUSTAINABLE MOBILITY TO SUPPORT STARTUP FOUNDERS AND INNOVATORS THAT ARE WORKING ON SOLUTIONS TO THE PROBLEMS THAT CHATTANOOGA'S MOBILITY INDUSTRY IS WORKING HARD TO SOLVE. THE GOAL OF THE SUMMIT IS TO INTRODUCE OUR INDUSTRY AND RESEARCH STRENGTHS TO STARTUPS ACROSS THE REGION TO HIGHLIGHT CHATTANOOGA AS ONE OF THE LEADING PLACES FOR MOBILITY BUSINESSES. THE DESIRED OUTCOME IS TO BRING BURGEONING BUSINESSES HERE TO LEVERAGE OUR STRENGTH, PROVIDE SOLUTIONS TO OUR CORPORATE PARTNER'S MOST CHALLENGING ISSUES, AND BOLSTER OUR COMMUNITIES' TECH ECOSYSTEM AND ECONOMY.Expenses $330,277 · revenue $91,859
- COMMUNITY EVENTS: COFFEE WITH CO.LAB: COFFEE WITH CO.LAB SERVES LOCAL ENTREPRENEURS BY PROVIDING A CONSISTENT NETWORKING OPPORTUNITY WITH OTHER LIKE-MINDED AND LOCAL INDIVIDUALS. IT ALLOWS SMALL BUSINESS OWNERS TO KNOW THEY ARE NOT ALONE, SHARE THEIR UPCOMING BUSINESS EVENTS/NEWS, AS WELL AS AN OPPORTUNITY TO HEAR MORE ABOUT CO.LAB'S UPCOMING EVENTS AND RESOURCES. CWC WILL IDEALLY TAKE PLACE ONCE A MONTH IN EACH HUB COUNTY, EQUALLING TO 4 CWC EACH MONTH. HAPPY HOURS: DURING THE LAST YEAR, CO.LAB HOSTED A MONTHLY HAPPY HOUR THAT FEATURED TRIVIA ON SUSTAINABILITY AND ENTREPRENEURSHIP TO ENGAGE DIVERSE INDIVIDUALS FROM INVESTORS, FOUNDERS, STUDENTS, PROFESSIONALS AND COMMUNITY LEADERS. WE HAVE DECIDED TO DISCONTINUE THESE AND (CONTINUED ON SCHEDULE O)Expenses $1,144 · revenue $968
- INTRAPRENEURSHIP WORKSHOP: CO.LAB IS DEVELOPING A CUSTOM-MADE WORKSHOP AIMED AT HELPING INNOVATORS WITHIN A LARGE ORGANIZATION LEARN MORE ABOUT THE NECESSARY BUSINESS TOOLS NEEDED TO IDEATE, REFINE, AND IMPLEMENT ORGANIZATIONAL INNOVATIONS. THIS IS A FULL-DAY WORKSHOP TAILORED TO EACH ORGANIZATION BASED ON THEIR SPECIFIC INTERNAL NEEDS, KEEPING IN MIND THE NUANCES WITHIN CHANGE MANAGEMENT. THE FIRST PILOT PROGRAM HAD A FANTASTIC RECEPTION FROM TVA WITH 60 PARTICIPANTS. CO.STARTERS: WE OFFER A PROGRAM TO TEN COUNTIES, PROVIDING ENTREPRENEURS WITH A SUPPORTIVE COMMUNITY, AN ORGANIZED FRAMEWORK, AND A SENSE OF RESPONSIBILITY AS THEY TRANSFORM THEIR IDEAS INTO REALITY. THIS PROGRAM FACILITATES THE JOURNEY FROM CONCEPTUALIZATION TO BUSINESS LAUNCH THROUGH A SERIES OF BOOTCAMP SESSIONS GUIDED BY CO.LAB AND RESPECTED LOCAL BUSINESS PROFESSIONALS, WHO IMPART VALUABLE KNOWLEDGE ON VARIOUS BUSINESS CONCEPTS TO THE PARTICIPANTS. KIVA: CO.LAB IS THE ONLY KIVA HUB IN THE STATE OF TENNESSEE. KIVA IS A NONTRADITIONAL ONLINE LENDING PLATFORM THAT USES CROWDFUNDED MICROLOANS AS A FORCE FOR GOOD. KIVA CREATES A SPACE WHERE PEOPLE CAN HAVE A TANGIBLE IMPACT ON EACH OTHER AND ULTIMATELY FINANCIAL ACCESS FOR ALL. ENTREPRENEURS CAN BE CONNECTED TO LENDERS ACROSS THE GLOBE AND CAN APPLY FOR CROWDFUNDED LOANS OF UP TO $15,000.00 AT 0% INTEREST FOR TERMS UP TO 36 MONTHS.Expenses $82 · revenue $298
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3934828
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $528,414
- Income (IRS master file)
- $1,194,659
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,203,929 | $1,386,959 | $528,414 | XML |
| 990 | December 2023 | $1,235,028 | $1,304,580 | $662,478 | XML |
| 990 | December 2022 | $775,157 | $801,146 | $581,384 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3934828).
Questions about COLAB
- What is the EIN of COLAB?
- The employer identification number (EIN) of COLAB is 26-3934828.
- Is COLAB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to COLAB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLAB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COLAB due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLAB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COLAB?
- The 990 for the year ended December 31, 2024 names TASIA MALAKASIS.
- Who are the officers and directors of COLAB?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $211,700 (TASIA MALAKASIS, CHIEF EXECUTIVE OFFICER).
- How much revenue does COLAB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,203,929, expenses of $1,386,959 and total assets of $528,414 at year end.
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All nonprofits in CHATTANOOGA · Tennessee · Arts, culture and humanities