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Nonprofit · EIN 84-2624417

128 COLLECTIVE INTITIATIVES INC

Tax-exempt · PALO ALTO, CA 94301

Financials

$3.3M$1.2M2023$49K$2.3M2024
Revenue Expenses · by fiscal year end
Financials of 128 COLLECTIVE INTITIATIVES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$48,947$2,275,862-$2,226,915$76,062$7,008$69,054
December 31, 2023990$3,272,117$1,162,908$2,109,209$2,309,493$13,524$2,295,969
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$48,947
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,100,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,898
Accounting fees
$70,090
Program services (functional)
$2,100,000
Management and general (functional)
$175,862

Balance sheet and other

Total assets, start of year
$2,309,493
Total assets, end of year
$76,062
Total liabilities, end of year
$7,008
Net assets, end of year
$69,054
Gross receipts
$48,947
Employees
0
Volunteers
4
Year formed
2019
State of legal domicile
DE

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.

NameTitleHours / weekCompensation
THOMAS PRESTON-WERNERCO-PRESIDENT/DIRECTOR
Trustee or director, Officer
0.4$0
THERESA PRESTON-WERNERCO-PRESIDENT/DIRECTOR
Trustee or director, Officer
0.4$0
TOM VAN LOBEN SELSTREASURER/CO-SECRETARY/DIRECTOR
Trustee or director, Officer
0.1$0
KATHLEEN GOSSCO-SECRETARY
Officer
0.1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
THOMAS PRESTON-WERNERCO-PRESIDENT/DIRECTOR
Trustee or director, Officer
0.4$0
THERESA PRESTON-WERNERCO-PRESIDENT/DIRECTOR
Trustee or director, Officer
0.4$0
TOM VAN LOBEN SELSTREASURER/SECRETARY/DIRECTOR
Trustee or director, Officer
0.1$0

Address and contacts

Address (IRS master file)
314 LYTTON AVE, PALO ALTO, CA 94301-1430
Principal officer (990 for 2024)
THOMAS PRESTON-WERNER, 314 LYTTON AVE, PALO ALTO, CA 94301
Signed the 990
TOM VAN LOBEN SELS, TREASURER
Phone
(650) 804-7100
Return prepared by
APERCEN PARTNERS LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 84-2624417 or by the name 128 COLLECTIVE INTITIATIVES INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

PROMOTE VOTER REGISTRATION, POLITICAL PARTICIPATION, AND CIVIC INVOLVEMENT, PARTICULARLY AMONG GROUPS THAT ARE HISTORICALLY MARGINALIZED, DISENFRANCHISED, OR OTHERWISE DISADVANTAGED BY THE POLITICAL PROCESS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION MAKES GRANTS TO PROMOTE VOTER REGISTRATION, POLITICAL PARTICIPATION, AND CIVIC INVOLVEMENT, PARTICULARLY AMONG GROUPS THAT ARE HISTORICALLY MARGINALIZED, DISENFRANCHISED, OR OTHERWISE DISADVANTAGED BY THE POLITICAL PROCESS.
    Expenses $2,100,000 · grants $2,100,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2624417
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$76,062
Income (IRS master file)
$48,947

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$48,947$2,275,862$76,062XML
990December 2023$3,272,117$1,162,908$2,309,493XML
990December 2022$490,763$2,235,754$209,497IRS
990December 2021–––IRS
990December 2020–––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 84-2624417).

Questions about 128 COLLECTIVE INTITIATIVES INC

What is the EIN of 128 COLLECTIVE INTITIATIVES INC?
The employer identification number (EIN) of 128 COLLECTIVE INTITIATIVES INC is 84-2624417.
Is 128 COLLECTIVE INTITIATIVES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2020.
Are donations to 128 COLLECTIVE INTITIATIVES INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does 128 COLLECTIVE INTITIATIVES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of 128 COLLECTIVE INTITIATIVES INC 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 128 COLLECTIVE INTITIATIVES INC 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 128 COLLECTIVE INTITIATIVES INC?
The 990 for the year ended December 31, 2024 names THOMAS PRESTON-WERNER.
Who are the officers and directors of 128 COLLECTIVE INTITIATIVES INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does 128 COLLECTIVE INTITIATIVES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $48,947, expenses of $2,275,862 and total assets of $76,062 at year end.

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