EDUCATION LEADERS OF COLOR INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- EDUCATION LEADERS OF COLOR INC (EIN 81-2253548)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-05
- IRS object ID
- 202433109349300018
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-05T08:29:25-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 BRAINTREE HL OFFICE PARK STE 300 | AddressLine1Txt |
| City | BRAINTREE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02184 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812253548 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATION LEADERS OF COLOR INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDUC | BusinessNameControlTxt |
| Phone | 8314198415 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3680 WILSHIRE BLVD STE P-04-1052 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHARHONDA BOSSIER | PersonNm |
| Person Title | CEO/EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 8314198415 | PhoneNum |
| Signature | 2024-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 7813562000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHARHONDA BOSSIER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3680 WILSHIRE BLVD STE P-04-1052 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,215,156 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.EDLOC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2016 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | ENSURE YOUNG PEOPLE OF COLOR HAVE THE OPPORTUNITIES TO BUILD GENERATIONAL WEALTH AND THRIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 11 | TotalEmployeeCnt |
| Total Volunteers | 1167 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,806,680 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,607,733 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $189,452 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $384,351 | CYProgramServiceRevenueAmt |
| PY Investment Income | $22,825 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,762 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,018,957 | PYTotalRevenueAmt |
| CY Total Revenue | $3,001,846 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,149,809 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $700,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,073,464 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,089,501 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $152,909 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,735,421 | PYOtherExpensesAmt |
| CY Other Expenses | $3,212,321 | CYOtherExpensesAmt |
| PY Total Expenses | $5,958,694 | PYTotalExpensesAmt |
| CY Total Expenses | $6,001,822 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,060,263 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,999,976 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,796,496 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,290,325 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $133,165 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $375,513 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,663,331 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,914,812 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO CATALYZE THE ACADEMIC AND ECONOMIC ADVANCEMENT OF YOUNG PEOPLE OF COLOR BY HARNESSING THE POWER OF OUR MULTI-RACIAL, MULTI-SECTOR, AND VALUES-ALIGNED MEMBERSHIP NETWORK. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,142,469 | ExpenseAmt |
| Revenue | $384,351 | RevenueAmt |
| Desc | NETWORK: EDLOC WORKS TO RECRUIT & SELECT LEADERS OF COLOR IN KEY DECISION-MAKING ROLES TO OUR NETWORK IN ORDER TO BUILD OUR COLLECTIVE POWER & MEMBERS' PERSONAL PROFESSIONAL NETWORKS/SOCIAL CAPITAL. ONCE MEMBERS JOIN THE NETWORK, EDLOC HOSTS A SERIES OF MEMBER PROGRAMMING EVENTS TO HELP CULTIVATE AND BUILD THE CAPACITY OF OUR MEMBERS. OUR NATIONAL CONVENINGS PROVIDE OPPORTUNITIES TO BUILD OUR MEMBERS' KNOWLEDGE AND EXPERTISE AROUND OUR POLICY PLATFORM AND OTHER RELEVANT TOPICS. IT HAS SERVED TO GROW AND CONNECT THE MEMBERSHIP, ELEVATE OUR SHARED VALUES, BUILD SKILLS, AND ALIGN ON OUR GOALS AND PRIORITIES. OUR CONVENINGS, WITH OVER 500 PARTICIPANTS IN 2023, HAVE ALSO FILLED A GAP IN THE FIELD TO NETWORK AND PROVIDE SUPPORT TO VALUES-ALIGNED, DIVERSE LEADERS IN EDUCATION AND RELATED FIELDS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,393,839 | ExpenseAmt |
| Grant | $700,000 | GrantAmt |
| Desc | GRANTMAKING: THE BOULDER FUND GRANTS SUPPORT ENTREPRENEURIAL VENTURES OF INNOVATIVE AND DIVERSE LEADERS WORKING TO ADVANCE EDLOC'S VALUES AND POLICY PRIORITIES. THE FUND IS INTEGRAL TO EDLOC'S STRATEGY OF ADVANCING VALUES-ALIGNED LEADERS OF COLOR COMMITTED TO DEMONSTRATING THE IMPACT OF CROSS-SECTOR APPROACHES. EDLOC INVESTS IN LEADERS AND ORGANIZATIONS THAT ARE TAKING VALUE-ALIGNED APPROACHES TO SOLVING THE MOST PRESSING CHALLENGES IN EDUCATION AND ARE INSPIRED BY BEING PART OF A NETWORK THAT COLLECTIVELY SEEKS TO BUILD GENERATIONAL WEALTH. IN 2023, THROUGH A COMPETITIVE GRANT APPLICATION PROCESS, EDLOC AWARDED $700,000 IN GRANTS (EACH $100,000) TO EDLOC MEMBERS WHO ARE SPEARHEADING OR EXPANDING INNOVATIONS ALIGNED WITH EDLOC'S VALUES AND POLICY PLATFORM. IN ADDITION TO DIRECT GRANT SUPPORT, EDLOC PROVIDES ADDITIONAL SUPPORT IN THE FORM OF COACHING AND THOUGHT PARTNERSHIP TO GRANTEES. THE GRANT RECIPIENTS LEAD ORGANIZATIONS FOCUSED ON IMPROVING LIFE OUTCOMES FOR CHILDREN OF COLOR ACROSS THE COUNTRY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,063,955 | ExpenseAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE SOCIAL STUDIES ACCELERATOR IS AN INITIATIVE COMMITTED TO SUPPORTING THE ADOPTION AND IMPLEMENTATION OF HIGH-QUALITY CULTURALLY RESPONSIVE SOCIAL STUDIES CURRICULA IN SCHOOLS AND DISTRICTS ACROSS THE COUNTRY. RECONSTRUCTIONUS PROVIDES YOUNG PEOPLE WITH ACCESS TO CULTURALLY-AFFIRMING LEARNING SPACES & COMMUNITY. EDLOC SUPPORTS STUDENTS FROM LOW-INCOME FAMILIES IN GAINING ACCESS TO RECONSTRUCTIONUS COURSES & CURRICULA. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $498,995 | ExpenseAmt |
| Desc | POLICY & ADVOCACY: THROUGH OUR AFFINITY GROUPS AND REGIONAL NETWORKS, MEMBERS CONVENE TO STRATEGIZE AROUND HOW TO ADVANCE POLICIES CRITICAL TO PROTECTING AND SUPPORTING OUR STUDENTS, FAMILIES, AND COMMUNITIES AND BUILD RELATIONSHIPS TO CREATE STRONGER CROSS-SECTOR, MULTI-RACIAL COALITIONS. DURING ANNUAL ADVOCACY DAY EVENTS, MEMBERS MEET WITH LEGISLATIVE LEADERS IN WASHINGTON, D.C. AND IN THEIR HOME DISTRICT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $498,995 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $5,099,258 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 46 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 11 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN D FONTANA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7813568050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 SHARP STREET UNIT B | AddressLine1Txt |
| City | HINGHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02043 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| GREG GUNN | ||||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DERONDA WILLIAMS | ||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALMA MARQUEZ | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TOMMY CHANG | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY GUTIERREZ | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| HEATHER HARDING | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DINAH CONSUEGRA | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANA PONCE | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SONYA ANDERSON | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RAQUEL DONOSO | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHARHONDA BOSSIER | ||||||||
| CEO | 40.00 | Yes (X) | $328,836 | $0 | $56,511 | |||
| KRUPA DESAI | ||||||||
| CHIEF STRATEGY OFFICER | 40.00 | $228,370 | $0 | $19,031 | Yes (X) | |||
| ELSA DURE | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $187,549 | $0 | $7,589 | Yes (X) | |||
| ANGELICA SOLIS-MONTERO | ||||||||
| CHIEF POLICY OFFICER | 40.00 | $183,813 | $0 | $36,655 | Yes (X) | |||
| DARYL MCADOO | ||||||||
| CHIEF NETWORK OFFICER | 40.00 | $179,599 | $0 | $16,637 | Yes (X) | |||
| ANDREA FOGGY-PAXTON | ||||||||
| ENTREPRENEUR IN RESIDENCE | 40.00 | $138,034 | $0 | $6,506 | Yes (X) | |||
| ANDREA ARROYO | ||||||||
| DIR. OF NETWORK CULTURE & ENGAGE. | 40.00 | $118,314 | $0 | $17,232 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,364,515 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $160,161 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WEARERALLY LLC | |||||
| 5670 WILSHIRE BLVD SUITE 820 | LOS ANGELES | CA | 90036 | MARKETING/COMMUNICATIONS | $272,631 |
| RECONSTRUCTION US INC | |||||
| 1283 TUNICA ST BOX 80160 | MEMPHIS | TN | 38108 | ENRICHMENT COURSES | $240,255 |
| FRONT PORCH ENTERTAINMENT INC | |||||
| 11857 HESBY ST | VALLEY VILLAGE | CA | 91607 | PROJECT MGMT/CONSULTING | $195,050 |
| EDSOLUTIONS | |||||
| 4 ORLY CT | PRINCETON JUNCTION | NJ | 08550 | EDUCATION CONSULTING | $125,000 |
| REDROCK LLC | |||||
| 11011 W CHARLESTON BLVD | LAS VEGAS | NV | 89135 | HOTEL & EVENT CATERING | $114,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,607,733 | AllOtherContributionsAmt |
| Total Contributions | $2,607,733 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONVENING REGISTRATION | 611710 | $360,213 | $360,213 |
| JOB POSTING FEES | 611710 | $23,795 | $23,795 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $343 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $343 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $384,351 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,114 | TotalRevenueColumnAmt |
| Exclusion | $37,114 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $185,958 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $213,310 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$27,352 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$27,352 | TotalRevenueColumnAmt |
| Exclusion | -$27,352 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,001,846 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $384,351 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,762 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,000 | TotalAmt |
| Program Services | $700,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $632,748 | TotalAmt |
| Program Services | $369,978 | ProgramServicesAmt |
| Management And General | $149,940 | ManagementAndGeneralAmt |
| Fundraising | $112,830 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,255 | TotalAmt |
| Program Services | $240,255 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $991,982 | TotalAmt |
| Program Services | $906,887 | ProgramServicesAmt |
| Management And General | $68,914 | ManagementAndGeneralAmt |
| Fundraising | $16,181 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,872 | TotalAmt |
| Program Services | $44,948 | ProgramServicesAmt |
| Management And General | $5,834 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,100 | TotalAmt |
| Program Services | $62,533 | ProgramServicesAmt |
| Management And General | $7,567 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,544 | TotalAmt |
| Program Services | $85,211 | ProgramServicesAmt |
| Management And General | $14,287 | ManagementAndGeneralAmt |
| Fundraising | $4,046 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,490 | TotalAmt |
| Management And General | $33,490 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,031 | TotalAmt |
| Management And General | $108,031 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,527 | TotalAmt |
| Management And General | $18,527 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,118,770 | TotalAmt |
| Program Services | $902,589 | ProgramServicesAmt |
| Management And General | $207,921 | ManagementAndGeneralAmt |
| Fundraising | $8,260 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,888 | TotalAmt |
| Program Services | $439,888 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,969 | TotalAmt |
| Program Services | $26,167 | ProgramServicesAmt |
| Management And General | $25,123 | ManagementAndGeneralAmt |
| Fundraising | $679 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,400 | TotalAmt |
| Program Services | $13,292 | ProgramServicesAmt |
| Management And General | $78,748 | ManagementAndGeneralAmt |
| Fundraising | $360 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,602 | TotalAmt |
| Program Services | $23,788 | ProgramServicesAmt |
| Management And General | $3,246 | ManagementAndGeneralAmt |
| Fundraising | $8,568 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,295,294 | TotalAmt |
| Program Services | $1,279,555 | ProgramServicesAmt |
| Management And General | $13,844 | ManagementAndGeneralAmt |
| Fundraising | $1,895 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,167 | TotalAmt |
| Program Services | $4,167 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,183 | TotalAmt |
| Management And General | $9,183 | ManagementAndGeneralAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,000 | TotalAmt |
| Management And General | $5,000 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,001,822 | TotalAmt |
| Program Services | $5,099,258 | ProgramServicesAmt |
| Management And General | $749,655 | ManagementAndGeneralAmt |
| Fundraising | $152,909 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,682,673 | BOYAmt |
| EOY | $1,994,987 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,919,171 | BOYAmt |
| EOY | $6,824,525 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,408,000 | BOYAmt |
| EOY | $1,675,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000 | BOYAmt |
| EOY | $1,439 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $354,431 | BOYAmt |
| EOY | $128,360 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,831 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,623 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,375 | BOYAmt |
| EOY | $5,208 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,420,846 | BOYAmt |
| EOY | $1,660,806 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,796,496 | BOYAmt |
| EOY | $12,290,325 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,595 | BOYAmt |
| EOY | $194,211 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $100,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,570 | BOYAmt |
| EOY | $81,302 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,165 | BOYAmt |
| EOY | $375,513 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,610,332 | BOYAmt |
| EOY | $9,159,709 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,052,999 | BOYAmt |
| EOY | $2,755,103 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,663,331 | BOYAmt |
| EOY | $11,914,812 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,796,496 | BOYAmt |
| EOY | $12,290,325 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,999,976 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $251,457 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,732,149 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,094,567 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,069,589 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,806,680 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,607,733 | CurrentTaxYearAmt |
| Total | $27,310,718 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,732,149 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,094,567 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,069,589 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,806,680 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,607,733 | CurrentTaxYearAmt |
| Total | $27,310,718 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $11,009,729 | SubstantialContributorsTotAmt |
| Public Support Total170 | $16,300,989 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,774 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,265 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,097 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,827 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $37,114 | CurrentTaxYearAmt |
| Total | $103,077 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $27,413,795 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $884,277 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.59460 | PublicSupportCY170Pct |
| Public Support PY170 | 0.59100 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,073,808 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $241,057 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,314,865 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,433,360 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$359,552 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,073,808 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,251,856 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $181,504 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,433,360 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,625,764 | BeginningYearBalanceAmt |
| Contributions | $625,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,092 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,251,856 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,000,000 | BeginningYearBalanceAmt |
| Contributions | $625,000 | ContributionsAmt |
| Investment Earnings Or Losses | $764 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,625,764 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,831 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,623 | DepreciationAmt |
| Book Value | $5,208 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,208 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,282,776 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $251,457 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $48,000 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $299,457 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,983,319 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $18,527 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $18,527 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,001,846 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,031,295 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $48,000 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $48,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,983,295 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $18,527 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $18,527 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,001,822 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS ARE DESIGNATED BY THE BOARD OF DIRECTORS AND ARE INTENDED TO BE USED TO CREATE THE "BOULDER FUND", WHICH WILL BE USED TO PROVIDE SUPPORT THROUGH GRANTS TO ORGANIZATIONS WHICH ALIGN WITH EDUCATION LEADERS OF COLOR, INC.'S MISSION. |
| PART X, LINE 2: | THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC 740 INCOME TAXES. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT DECEMBER 31, 2023 AND 2022, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BELOVED COMMUNITY | ||||||||
| 3157 GENTILLY BOULEVARD 176 | NEW ORLEANS | LA | 70122 | 813388287 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| EXALT YOUTH | ||||||||
| 17 BATTERY PLACE SUITE 307 | NEW YORK | NY | 10004 | 205540955 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| LATINO EDUCATORS ADVANCING LEADERSHIP | ||||||||
| 1884 PINECREST DR | ALTADENA | CA | 91001 | 871719921 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| NATIONAL ASSOCIATION FOR FAMILY CHILD CARE | ||||||||
| 700 12TH STREET NW STE 700 | WASHINGTON | DC | 20005 | 931902325 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| PROPEL AMERICA | ||||||||
| 800 BOYLSTON STREET BOX 990443 | BOSTON | MA | 02119 | 831867782 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| ROOTED SCHOOL FOUNDATION | ||||||||
| 612 ANDREW HIGGINS BOULEVARD | NEW ORLEANS | LA | 70130 | 841905316 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| WATTS OF POWER FOUNDATION | ||||||||
| 1613 W 20TH STREET | LOS ANGELES | CA | 90007 | 834510126 | 501(C)(3) | $100,000 | $0 | GENERAL OPERATING SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | EDLOC MONITORS THE USE OF FUNDS GRANTED IN ACCORDANCE WITH EACH GRANTEE'S PROPOSED BUDGET THROUGH FINANCIAL UPDATES AND REVIEW OF THEIR FORM 990. IN ADDITION, EDLOC HOLDS BI-MONTHLY CALLS AND SITE VISITS WITH EACH OF THE RECIPIENTS TO DISCUSS PROGRESS TOWARDS GOALS AND SUPPORT NEEDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHARHONDA BOSSIER | ||||||||||||||
| CEO | $283,286 | $0 | $45,550 | $0 | $0 | $0 | $48,250 | $0 | $8,261 | $0 | $385,347 | $0 | $0 | $0 |
| KRUPA DESAI | ||||||||||||||
| CHIEF STRATEGY OFFICER | $228,370 | $0 | $0 | $0 | $0 | $0 | $11,024 | $0 | $8,007 | $0 | $247,401 | $0 | $0 | $0 |
| ANGELICA SOLIS-MONTERO | ||||||||||||||
| CHIEF POLICY OFFICER | $175,920 | $0 | $7,893 | $0 | $0 | $0 | $5,714 | $0 | $30,941 | $0 | $220,468 | $0 | $0 | $0 |
| DARYL MCADOO | ||||||||||||||
| CHIEF NETWORK OFFICER | $179,599 | $0 | $0 | $0 | $0 | $0 | $9,058 | $0 | $7,579 | $0 | $196,236 | $0 | $0 | $0 |
| ELSA DURE | ||||||||||||||
| CHIEF OPERATING OFFICER | $187,549 | $0 | $0 | $0 | $0 | $0 | $7,589 | $0 | $0 | $0 | $195,138 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | BONUSES WERE PAID TO STAFF MEMBERS WHO CONTRIBUTED SIGNIFICANTLY TO OUR OVERALL WORK AND PERFORMANCE GOALS (NOT CONTINGENT ON FINANCIAL RESULTS). | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RECONSTRUCTION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | ENTITY OWNED > THAN 35% BY FORMER BOARD MEMBER/FOUNDING CHAIR OF EDLOC | RelationshipDescriptionTxt |
| Transaction | $240,255 | TransactionAmt |
| Transaction | PAYMENTS OF RESTRICTED FUNDS FOR TUITION ASSISTANCE FOR CHILDREN ENROLLED IN RECONSTRUCTION'S ENRICHMENT CLASSES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S OUTSOURCED ACCOUNTING FIRM CONDUCTS A DETAILED REVIEW OF THE FORM 990. ONCE ALL QUESTIONS ARE ADDRESSED, A FINAL COPY IS PROVIDED TO THE ORGANIZATION'S CEO AND THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. ONCE APPROVED, THE FINAL COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD, PRIOR TO IT BEING FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL OFFICERS, KEY EMPLOYEES, MEMBERS OF THE BOARD AND ITS COMMITTEES (COLLECTIVELY "RESPONSIBLE PERSONS"). RESPONSIBLE PERSONS MUST DISCLOSE ANY POTENTIAL CONFLICTS TO THE BOARD/COMMITTEE (OR THE CHAIR); THE REMAINING MEMBERS OF THE BOARD (OR COMMITTEE) WILL DETERMINE IF A CONFLICT ACTUALLY EXISTS. IF A CONFLICT IS DEEMED TO EXIST, THE BOARD OR COMMITTEE WILL DISCUSS AND REVIEW ALTERNATIVES, AND VOTE ON WHETHER OR NOT TO APPROVE THE TRANSACTION. THE RESPONSIBLE PERSON WITH THE CONFLICT IS PERMITTED TO DISCLOSE FACTS AND RESPOND TO QUESTIONS, BUT IS PROHIBITED FROM PARTICIPATING IN THE BOARD OR COMMITTEE DISCUSSION AND FROM EXERTING THEIR INFLUENCE, EITHER AT OR OUTSIDE THE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO'S COMPENSATION WAS SET IN 2021 AT A 1.7% INCREASE FROM THE PREVIOUS CEO'S COMPENSATION (WHICH HAD BEEN SET BY THE BOARD IN 2020 BASED ON A REVIEW OF COMPARABLE DATA AS PART OF THE ANNUAL BUDGET PROCESS), AND HAS NOT CHANGED SINCE THEN. HOWEVER, ANNUAL BONUSES HAVE BEEN DETERMINED AND APPROVED BY THE BOARD, BASED ON ACHIEVEMENT OF CERTAIN DEFINED METRICS (INCLUDING PROGRAM IMPACT AND STAFF MANAGEMENT/RETENTION). COMPENSATION OF KEY EMPLOYEES IS DETERMINED ANNUALLY BY THE CEO, BASED ON COMPARABILITY DATA FOR SIMILAR POSITIONS IN SIMILAR SIZED ORGANIZATIONS AND SECTORS, AND IS APPROVED BY THE BOARD DURING THE ANNUAL BUDGET APPROVAL PROCESS. THIS PROCESS WAS LAST UNDERTAKEN FOR THE CHIEF STRATEGY OFFICER DURING 2022 (FOR COMPENSATION PERTAINING TO THE FOLLOWING YEAR). |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,327. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,327. BOULDER FUND COACHES: PROGRAM SERVICE EXPENSES 119,749. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,749. STRATEGY ADVISOR: PROGRAM SERVICE EXPENSES 137,125. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,125. CRT CONSULTANTS: PROGRAM SERVICE EXPENSES 404,272. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 404,272. CONSULTING - OTHER: PROGRAM SERVICE EXPENSES 241,443. MANAGEMENT AND GENERAL EXPENSES 186,594. FUNDRAISING EXPENSES 8,260. TOTAL EXPENSES 436,297. |